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20 January 2021

The Crypto Exchange That Missed Out on Bitcoin's Bull Run - Decrypt

The Crypto Exchange That Missed Out on Bitcoin's Bull Run - Decrypt


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Leading exchange Binance has watched its trading volume skyrocket—it’s up 133% in the last month and over 400% from the previous year, according todata from Nomics.

While that’s good for a 78% improvement from last month, the Singapore exchange is still doing smaller volumes than it had been doing for parts of July through September.

And although it was able torecover over 80% of the tokensby November 11, the timing of the hack couldn’t have been much worse for the exchange from a consumer confidence standpoint.

Trading volumes for that exchange are still up nearly 300% for the year

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