#Coinbase reigns supreme in North America, while Binance dominates globally.#
Hot Topic Overview
Overview
Coinbase dominates the North American market with a 45% market share, while Binance is more popular globally, especially in regions such as Asia, Africa, South America, the Middle East, and Europe. Binance holds a 72% market share in Africa, 68% in South America, and over 50% in both Europe and Asia.
Ace Hot Topic Analysis
Analysis
Coinbase dominates the North American market, while Binance has a greater global reach. According to Ki Young Ju, CEO of CryptoQuant, Coinbase holds a 45% market share in the United States, while Binance dominates regions like Asia, Africa, South America, the Middle East, and Europe, with a market share of 72% in Africa, 68% in South America, and over 50% in both Europe and Asia. This discrepancy may be attributed to the different business strategies and regulatory environments of the two exchanges. As a US-based exchange, Coinbase prioritizes compliance and regulation, leading to its greater market share in the United States. Conversely, Binance adopts a more globalized approach, actively expanding its operations worldwide, resulting in its larger market share in regions outside of North America.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase dominates the North American market, with a market share of over 45%
Binance dominates globally, particularly 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 both Europe and Asia
Coinbase is popular in the US, while Binance is more popular in other parts of the world