- Kaiko data shows that Binance leads OKX and other crypto exchanges in volume and liquidity.
- Binance claimed 53.14% of the total volume across 33 listed crypto exchanges.
- Binance faced regulatory challenges last year, with its founder, Changpeng Zhao, stepping down as CEO.
Crypto market research platform Kaiko has provided comparative details about two leading crypto exchanges, Binance and OKX. The details from Kaiko enable crypto users to determine that Binance, among the two crypto exchanges, has higher liquidity.
#Binance vs. #OKX: which is the most liquid exchange?Explore more at: https://t.co/I5oDIsgrSc pic.twitter.com/iBQ0VW9ODs
— Kaiko (@KaikoData) February 15, 2024
Kaiko’s website showed “Market Share of Volume” as a significant metric for measuring relative volume and liquidity among multiple crypto exchanges. Kaiko further breaks down this metric into categories that separate the market share by volume in the United States, where Binance Global and OKX are absent from the global market share, which includes every other listed exchange. BinanceUS claimed only 0.63% of the volume in this category, while Coinbase (NASDAQ:COIN) ranked highest with 59.3%
…The post Binance Tops In Volume and Liquidity Ahead of OKX and Other Crypto Exchanges appeared first on Coin Edition.