![Crypto Exchange Binance Saw Major Decline in Market Share in 2023 Crypto Exchange Binance Saw Major Decline in Market Share in 2023](https://digitallifegaming.com/wp-content/uploads/2023/12/CXEEIWLV3ZFRJGAF74ILKUCQA4-768x402.png)
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Despite Binance’s decline in spot trading market share over the year, it still remains the largest cryptocurrency exchange by a wide margin. In second place to Binance’s 30% is Seychelles-based OKX, which has seen its market share grow to 8% in December from around 4% to start the year, according to CCData.
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