bitcoin
Bitcoin (BTC) $ 68,085.24
ethereum
Ethereum (ETH) $ 3,532.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 601.56
xrp
XRP (XRP) $ 0.600374
cardano
Cardano (ADA) $ 0.442354
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.54832
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.140737
okb
OKB (OKB) $ 42.44
polkadot
Polkadot (DOT) $ 6.42
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.134511
uniswap
Uniswap (UNI) $ 8.14
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 68,098.25
dai
Dai (DAI) $ 0.999982
litecoin
Litecoin (LTC) $ 73.80
staked-ether
Lido Staked Ether (STETH) $ 3,530.88
solana
Solana (SOL) $ 183.54
avalanche-2
Avalanche (AVAX) $ 32.61
chainlink
Chainlink (LINK) $ 14.94
cosmos
Cosmos Hub (ATOM) $ 6.51
the-open-network
Toncoin (TON) $ 7.15
ethereum-classic
Ethereum Classic (ETC) $ 24.17
leo-token
LEO Token (LEO) $ 5.69
filecoin
Filecoin (FIL) $ 4.78
bitcoin-cash
Bitcoin Cash (BCH) $ 399.42
monero
Monero (XMR) $ 163.97
bitcoin
Bitcoin (BTC) $ 68,085.24
ethereum
Ethereum (ETH) $ 3,532.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 601.56
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.600374
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.140737
cardano
Cardano (ADA) $ 0.442354
solana
Solana (SOL) $ 183.54
matic-network
Polygon (MATIC) $ 0.54832
polkadot
Polkadot (DOT) $ 6.42
tron
TRON (TRX) $ 0.134511

How the Exchange Captured $908 Million in Q2 2024

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Binance, the world’s largest cryptocurrency change, continues to guide the market in capital inflows, in keeping with a brand new report. The change attracted a staggering $908 million in Q2 2024, additional solidifying its place on the forefront of the business.

Prime 10 CEX by Capital Influx in Q2 2024@binance +$908M@bitfinex +$709M@bitgetglobal +$561M@Bybit_Official +$465M@gate_io +$400M@MaskEXGlobal +$177M
Korbit +$39.0M@Phemex_official +$17.2M@Coinsquare +$15.8M@RobinhoodApp +$14.6M pic.twitter.com/UwN4kqOAMu

— CryptoRank.io (@CryptoRank_io) July 5, 2024

Trailing behind Binance, Bitfinex garnered $709 million in capital inflows, whereas Bitget World secured third place with $561 million. Bybit and Gate.io adopted carefully with $465 million and $400 million, respectively, rounding out the highest 5 exchanges.

The numerous capital inflows into Binance and different main exchanges spotlight the continued confidence and curiosity in centralized platforms throughout the crypto business. Binance’s sturdy ecosystem, numerous choices, and powerful market presence have made it a most well-liked alternative for a lot of merchants and traders.

Right here’s an in depth breakdown of the highest 10 centralized exchanges by capital influx in Q2 2024:

  1. Binance ($908 million)
  2. Bitfinex ($709 million)
  3. Bitget World ($561 million)
  4. Bybit ($465 million)
  5. Gate.io ($400 million)
  6. MaskEX World ($177 million)
  7. Korbit ($39 million)
  8. Phemex ($17.2 million)
  9. Coinsquare ($15.8 million)
  10. Robinhood ($14.6 million)

Binance’s management in capital inflows displays its strategic initiatives, steady innovation, and dedication to offering a safe and user-friendly buying and selling setting. Because the crypto market evolves, Binance stays on the forefront, setting a excessive bar for different exchanges.

Supply: Defillama

Moreover, the token breakdown on Binance reveals essentially the most actively traded belongings on the platform reveals Bitcoin (BTC) leads with 34.41% of the buying and selling quantity, adopted by Tether (USDT) at 25.21%, and Binance Coin (BNB) at 13.57%.

Different notable tokens embody Wrapped Ethereum (WETH) at 9.26% and Ethereum (ETH) at 4.53%, with smaller parts comprising Solana (SOL), FDUSD, XRP, SHIB, USDC, LINK, DOT, MATIC, LTC, and a class labeled “Others” accounting for 3.51%.

Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version is just not chargeable for any losses incurred on account of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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