EUR Trading Accounts for 1% of Binance Spot Volume: CryptoQuant

Cointelegraph Staff

(12:26 PM UTC)

1 min read

Euro-denominated trading accounts for only a small share of Binance's activity, as the exchange faces uncertainty over its European licensing prospects under the Markets in Crypto-Assets Regulation (MiCA).

Euro (EUR) trading accounts for around 1% of Binance's spot volume, CryptoQuant analyst Maartunn told Cointelegraph.

“Binance's inflows remain globally distributed, which may limit the impact of…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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