#Binance leads globally, Coinbase dominates North America.#
Hot Topic Overview
Overview
Currently, Binance dominates globally, particularly in Asia, Africa, South America, the Middle East, and Europe, with Africa accounting for 72%, South America for 68%, and Europe and Asia both exceeding 50%. Meanwhile, Coinbase leads in the North American market with a 45% market share. This phenomenon reflects the differences in user preferences for cryptocurrency trading platforms in different regions, and also highlights the competitive landscape of Binance and Coinbase in the global market.
Ace Hot Topic Analysis
Analysis
Binance dominates globally, while Coinbase reigns supreme in North America. Ki Young Ju, CEO of CryptoQuant, said on social media platform X that US users primarily use Coinbase, while the rest of the world favors Binance. Data shows that Binance dominates markets in Asia, Africa, South America, the Middle East, and Europe, with Africa at 72%, South America at 68%, and Europe and Asia both exceeding 50%. Meanwhile, Coinbase holds the top spot in North America with a 45% market share. This phenomenon can be attributed to varying user habits, regulatory policies, and platform features across different regions. Binance boasts a broader global user base and offers a wider range of trading products and services, while Coinbase prioritizes compliance and user experience in the North American market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance dominates globally, especially in Asia, Africa, South America, Middle East, and Europe.
Coinbase dominates in the North American market with over 45% market share.
Binance has a 72% market share in Africa, 68% in South America, and over 50% in both Europe and Asia.
Coinbase is the leading trading platform for US users.