According to research firm Kaiko, in the past year, Binance's Bitcoin trading share has decreased from 81.3% to 55.3%. The share of altcoin trading has also decreased from 58% to 50.5%. Bybit and OKX have expanded their business in Asia and other regions, while Binance has been dealing with legal issues. In the past year, Bybit's share in non-US Bitcoin trading has increased from 2% to 9.3%. Currently, OKX's share is 7.3%, higher than the previous 3%.
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Kaiko: Binance’s Bitcoin trading share drops to 55.3%
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