#Binance leads globally, Coinbase focuses on the US.#

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Hot Topic Overview

Overview

Currently, Binance dominates globally, especially in Asia, Africa, South America, the Middle East, and Europe, with a market share exceeding 50%. In particular, Binance holds a 72% market share in Africa and 68% in South America. Coinbase, on the other hand, dominates the US market with a 45% market share. This phenomenon reflects the different preferences of users in different regions for cryptocurrency trading platforms and also shows the competitive landscape of Binance and Coinbase in the global market.

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Analysis

Binance dominates globally, particularly in Asian, African, South American, Middle Eastern, and European markets, with Africa holding a 72% share, South America 68%, and both Europe and Asia exceeding 50%. Conversely, Coinbase enjoys greater popularity in the US market, claiming a 45% market share. This phenomenon reflects the diverse preferences of users in different regions regarding cryptocurrency trading platforms. Binance, with its global operational strategy and extensive services, has garnered widespread recognition worldwide. Coinbase, on the other hand, focuses on the US market, earning favor among American users due to its compliance and user-friendly features.

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Classic Views

Binance dominates globally, especially in Asia, Africa, South America, the Middle East and Europe.

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Coinbase dominates the US market with a market share of over 45%.

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Binance has the highest market share in Africa at 72%.

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Coinbase has the highest market share in the US at 45%.

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