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Binance Defies China’s Crypto Ban, Records $90B Monthly Trading Volume: Report

Binance Defies China’s Crypto Ban, Records $90B Monthly Trading Volume: Report
Binance’s users in China traded more than USD $90 billion in a single month despite cryptocurrency trading being illegal in the country, the Wall Street Journal reported yesterday (Tuesday), citing the exchange's internal documents and former employees.Crypto Futures TradingAccording to the WSJ, most of Binance’s trading volumes in China, which accounted for 20% of its global volumes, came from spot and futures trading. According to the media publication, Binance had 5.6 million users in China... Read More
Posted: Aug 2 2023, 09:07
Author Name: financemagnates
Views: 080857

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