Binance Remains the Dominant Force in Global Bitcoin Trading
The latest market-share breakdown of Bitcoin trading volume shows a clear and persistent trend: Binance continues to outperform every major exchange by a wide margin, securing 35.4% of global BTC volume as of December 2, 2025.
This level of dominance highlights not only Binance’s liquidity advantage but also the platform’s ability to attract both retail and institutional flow during periods of increased volatility.
Why Binance Leads the Market
Binance’s strength comes from a combination of deep liquidity, fast execution, competitive fees, and an ecosystem that keeps traders locked in. When volatility spikes, traders migrate to the venue where orders get filled instantly — and that remains Binance by a landslide.
Notable Shifts in the Market
While Binance holds a commanding lead, other exchanges are showing structural changes worth tracking:
Crypto.com has surprisingly captured 16.5% — a significant leap that suggests strategic user growth and aggressive market-making incentives.
Coinbase and Bybit remain in the mid-tier, each with 8.5%, maintaining stable inflow from Western and derivatives-focused traders respectively.
KuCoin (6.3%) and OKX (5.9%) round out the list, benefitting from strong Asian market engagement.
The distribution reflects a maturing competitive landscape — but also underscores just how far ahead Binance remains despite increased regulatory scrutiny and rising challengers.
What This Means for Traders
For active BTC traders, venue selection matters more than ever. High liquidity translates into lower slippage, tighter spreads, and more predictable order execution — all of which shape long-term profitability.
Until another exchange breaks past the 20–25% threshold, Binance’s role as the global liquidity engine of Bitcoin remains unchallenged.
