How much money is traded on Binance daily? (2024)

How much money is traded on Binance daily?

Binance Exchange Overview

What is the 24-hour trading volume of Binance?

Binance is the world's largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide.

What is the daily volume of Binance futures?

Details. Binance Futures is a derivative exchange made by Binance. Binance Futures has a reported 24h volume of $67 489 578 453 with an Estimated Real Volume of $10 333 734 294 It is a a centralized exchange that offers 259 currencies and has a 11.50% Confidence Score based on our Algorithms.

How much does Binance take per trade?

Binance has significantly lower fees than Coinbase. On most trades, the platform levies a 0.10% fee. For bank transactions, it charges 0.10 percent, and for all credit or debit card purchases, it charges up to 2.10 percent.

What is the daily trading volume of BNB?

24-hour trading volume is $ 1.19B USD. BNB to USD price is updated in real-time. BNB is -0.18% in the last 24 hours with a circulating supply of 149.53M.

What is daily trading volume?

Daily volume equates to how many shares are traded each day, but this can be averaged over a number of days to find the average daily volume.

What is the highest volume trading hours in crypto?

Crypto traders have long debated the best time to trade cryptocurrencies. According to data from on-chain data provider Skew, 3 - 4 PM UTC is when cryptocurrency trading is most intense.

What is the total crypto volume daily?

The total crypto market volume over the last 24 hours is $114.36B, which makes a 35.40% increase. The total volume in DeFi is currently $8.66B, 7.57% of the total crypto market 24-hour volume. The volume of all stable coins is now $107.58B, which is 94.08% of the total crypto market 24-hour volume.

What is the volume of BTC on Binance?

Price of BTC today

The live price of Bitcoin is $ 62,404.68 per (BTC / USD) with a current market cap of $ 1,228.54B USD. 24-hour trading volume is $ 43.91B USD. BTC to USD price is updated in real-time. Bitcoin is +1.21% in the last 24 hours with a circulating supply of 19.69M.

What is the average daily trading volume of crypto?

Crypto trading volume comparison with world's assets

The cryptocurrency market saw an estimated $ 576.75B worth of trading volume in the last 24 hours. Meanwhile, the U.S. stock market have an estimated daily volume of $ 478.72B, while the global foreign exchange market has an estimated daily volume of $ 7.50T.

Is it profitable to trade on Binance?

Trading on Binance can be a profitable experience, but it is important to remember that there is always risk involved. By following these guidelines, you can increase your chances of success.

Is Binance still safe?

Some factors that make Binance a trustworthy exchange include its strong security measures, its commitment to regulatory compliance, and its track record of addressing user issues promptly. Yes, Binance Exchange is considered a safe and reputable platform in the cryptocurrency industry.

Which crypto will boom in 2024?

Can BNB reach $10 000?

Binance Coin would need to gain 3,111.27% to reach $10,000. According to our Binance Coin prediction algorithm, Binance Coin will hit $10,000 in March 2044. Will Binance Coin reach $100,000? Binance Coin would need to gain 32,012.73% to reach $100,000.

What is the maximum supply of Binance?

In February 2022, the Binance Chain and Binance Smart Chain (BSC) later evolved to become the BNB Chain. BNB has a maximum supply of 165,116,760 tokens. However, Binance has a coin-burning process that occurs every quarter and is meant to remove 100 million BNB coins from circulation in total.

How much money do day traders with $10000 accounts make per day on average?

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

How much money is traded in the forex market daily?

How much money is traded on the forex market daily? Approximately $5 trillion worth of forex transactions take place daily, which is an average of $220 billion per hour. The market is largely made up of institutions, corporations, governments and currency speculators.

How much forex trading volume in one day?

The daily trading volume of the Forex market is approximately $6.6 trillion according to the 2019 Triennial Central Bank survey of FX and OTC markets. However, more recent data from the BIS shows that the daily turnover of OTC foreign exchange markets averaged $7.5 trillion in April 2022.

Which crypto is most traded?

Which coin is profitable in Binance?

About Crypto Prices

While Bitcoin is the most popular cryptocurrency, top cryptocurrencies by market cap include Ethereum, BNB, Litecoin, XRP, Dogecoin, among others.

What time of day is crypto lowest?

Prices are lower when the market is less busy. Although you can trade cryptocurrencies at any time of day, the market is more active during typical work hours and less active early in the morning, at night, and on the weekends. Generally, cryptocurrency prices start low on Monday and rise throughout the week.

What is the daily trading volume of BTC USD?

Bitcoin (BTC) trading volume in 24 hours is ‪36.98 B‬ USD. See how often other coins are traded in this list.

What is the 24h volume of cryptocurrency?

Which crypto has the most daily active users?

1. Tron - 1.66 million addresses. 3. Bitcoin - 659 thousand.

Why is Binance volume low?

On one hand, Binance has been losing value due to the recent charges put against them. Ranging from regulatory violations to unethical money management, they have failed to obtain a license to properly function within specific regions… and now, it's biting them in butt.