common-close-0
BYDFi
Trade wherever you are!

What is the breakdown of Binance's November trading volume?

avatarmentallydevDec 28, 2021 · 3 years ago6 answers

Can you provide a detailed breakdown of Binance's trading volume for the month of November? I'm interested in knowing the percentage distribution of trading volume across different cryptocurrencies and trading pairs.

What is the breakdown of Binance's November trading volume?

6 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! In November, Binance's trading volume was dominated by Bitcoin (BTC), which accounted for approximately 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) followed closely behind, with around 25% and 15% respectively. Other popular cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) made up the remaining 20%. As for trading pairs, BTC/USDT was the most traded pair, representing around 30% of the total volume. ETH/USDT and BNB/USDT were also popular, accounting for approximately 20% and 15% respectively. Overall, Bitcoin and USDT dominated Binance's trading volume in November, with a significant portion of trading activity centered around these two cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    The breakdown of Binance's November trading volume reveals that Bitcoin (BTC) was the most traded cryptocurrency, accounting for about 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) were also popular choices among traders, representing approximately 25% and 15% of the volume respectively. Other cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) collectively made up the remaining 20%. In terms of trading pairs, BTC/USDT was the most active pair, contributing to around 30% of the total volume. ETH/USDT and BNB/USDT were also widely traded, making up approximately 20% and 15% of the volume respectively. It's worth noting that Bitcoin and USDT played a significant role in driving Binance's trading volume during November.
  • avatarDec 28, 2021 · 3 years ago
    According to the breakdown of Binance's November trading volume, Bitcoin (BTC) took the lead with around 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) were not far behind, accounting for approximately 25% and 15% respectively. Other cryptocurrencies such as Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) collectively contributed to the remaining 20%. When it comes to trading pairs, BTC/USDT was the most popular pair, representing around 30% of the total volume. ETH/USDT and BNB/USDT also saw significant trading activity, making up approximately 20% and 15% of the volume respectively. It's clear that Bitcoin played a dominant role in Binance's trading volume during November, with USDT being the preferred trading pair for many traders.
  • avatarDec 28, 2021 · 3 years ago
    Well, well, well! Let's break down Binance's November trading volume, shall we? Bitcoin (BTC) took the crown with a whopping 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) were not too far behind, accounting for around 25% and 15% respectively. The remaining 20% was divided among other popular cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). Now, let's talk trading pairs! BTC/USDT stole the show, representing approximately 30% of the total volume. ETH/USDT and BNB/USDT also had their fair share of the action, contributing to around 20% and 15% of the volume respectively. It's safe to say that Bitcoin and USDT ruled the roost when it came to Binance's trading volume in November.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can provide you with a detailed breakdown of Binance's November trading volume. Bitcoin (BTC) was the top player, accounting for approximately 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) were also popular choices, representing around 25% and 15% respectively. Other cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) collectively made up the remaining 20%. In terms of trading pairs, BTC/USDT was the most traded pair, contributing to approximately 30% of the total volume. ETH/USDT and BNB/USDT were also widely traded, making up around 20% and 15% of the volume respectively. It's clear that Bitcoin played a significant role in driving Binance's trading volume during November.
  • avatarDec 28, 2021 · 3 years ago
    In November, Binance's trading volume was dominated by Bitcoin (BTC), which accounted for approximately 40% of the total volume. Ethereum (ETH) and Binance Coin (BNB) followed closely behind, with around 25% and 15% respectively. Other popular cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) made up the remaining 20%. As for trading pairs, BTC/USDT was the most traded pair, representing around 30% of the total volume. ETH/USDT and BNB/USDT were also popular, accounting for approximately 20% and 15% respectively. Overall, Bitcoin and USDT dominated Binance's trading volume in November, with a significant portion of trading activity centered around these two cryptocurrencies.