February 27, 2024

Binance Daily Trading Volume Reaches $ 80 Billion

Binance Daily Trading Volume Reaches $ 80 Billion

The trading volume on the Binance exchange set a new record of $80 billion in 24 hours.

The Bull Run of the LastDaily cryptocurrency trading volumes on the largest trading platform – Binance – set a new record.

Yesterday, the general director of the exchange, Changpeng Zhao, wrote that a new record was set on the exchange - turnoverIn 24 hours, the derivatives trading volume was $57 billion, and the spot trading volume was $23 billion.

Zhao noted that the current daily volumes are 4 times the monthly volumes during the 2017 bull run. In total, from November 15 to December 15, 2017, the turnover of the exchange amounted to $ 20 billion.

Due to the increased activity of traders, Binance developers have been able to discover new scalability issues. Zhao wrote:

$ 80 + billion in the last 24 hours on Binance.We found some scalability issues. As you grow, new problems will appear. We're not perfect, but we'll fix bugs as quickly as possible. Thank you for your understanding and support!

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Based on materialscoinjournal.net