#Binance leads globally, Coinbase dominates North America.#
Hot Topic Overview
Overview
Binance dominates globally, especially in Asia, Africa, South America, the Middle East and Europe, with Africa holding 72% of the market, South America 68%, and both Europe and Asia exceeding 50%. In the North American market, Coinbase is the preferred choice with a 45% market share. CryptoQuant CEO Ki Young Ju stated that the US uses Coinbase and the world uses Binance, reflecting Binance's global leadership.
Ace Hot Topic Analysis
Analysis
Binance dominates globally, while Coinbase reigns supreme in the North American market. Ki Young Ju, CEO of CryptoQuant, pointed out on the social media platform X that US users primarily use Coinbase, while users in other parts of the world are more inclined to use Binance. Data shows that Binance dominates in Asia, Africa, South America, the Middle East, and Europe, with Africa accounting for 72%, South America for 68%, and both Europe and Asia exceeding 50%. In North America, Coinbase is the preferred choice with a 45% market share. This phenomenon may be related to user habits, regulatory policies, and platform features in different regions. Binance has a wider user base globally, while Coinbase is more favored by North American users.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance dominates globally, particularly in Asia, Africa, South America, the Middle East and Europe.
Coinbase dominates the North American market with a market share exceeding 45%.
Binance holds a commanding market share of 72% in Africa, 68% in South America and over 50% in both Europe and Asia.
Coinbase is the go-to platform for US users.