#Coinbase dominates in the US, Binance leads globally.#
Hot Topic Overview
Overview
Coinbase currently dominates the US market, while Binance leads globally. Data shows that Binance dominates in Asia, Africa, South America, the Middle East, and Europe, particularly holding a 72% market share in Africa, 68% in South America, and exceeding 50% in both Europe and Asia. In North America, Coinbase is the preferred choice with a 45% market share. This phenomenon indicates that Coinbase holds a strong influence in the US market, while Binance has achieved a larger market share in other regions due to its global strategy.
Ace Hot Topic Analysis
Analysis
Coinbase dominates the US market, while Binance leads globally. Data shows that Binance dominates markets 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%. In North America, Coinbase is the preferred choice with a 45% market share. This phenomenon may be related to the market strategies and user bases of the two exchanges. Coinbase started earlier in the US market and has received recognition from US regulators, giving it a higher level of trust and user base in the US market. Binance, on the other hand, has adopted a more aggressive global expansion strategy, building a wide user base worldwide and attracting a large number of users by offering lower fees and a wider range of trading products.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase
dominates
the
US
market
with
a
market
share
of
over
45%
Binance
is
the
leading
exchange
globally
especially
in
Asia
Africa
South
America
the
Middle
East
and
Europe
Binance
has
a
market
share
of
72%
in
Africa
68%
in
South
America
and
over
50%
in
Europe
and
Asia
Coinbase
is
popular
in
the
US
market
while
Binance
is
more
popular
in
other
regions
around
the
world