Binance Dominates the Ranks as Top Exchanges Record Highest Market Share Since 2017

Amid looming uncertainty of the macroeconomic financial ecosystem, top exchanges like Binance managed to steal the show in terms of volumes and consumer interest. August saw volatility returning to the cryptocurrency markets as the top crypto assets by market cap. Notably, the effects of the market’s curbed momentum, and volatility was visible in the spot trading volumes on centralized exchanges which jumped 36.8% to $1.91 trillion in August.