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As of January it was largest crypto- exchange with a BNB market capitalization of $ 1. In March, allegations were made that Binance, along with OKex and Huobi, were fabricating up to 92. 9% of the trading volumes on their platforms.
Commenting on the study, author Sylvain Ribes said " I found ridiculously particular, since the move to cryptocurrency exchange, the article mixes two concepts. Cryptocurrency exchange, Crypto exchange or digital currency exchange ( DCE) is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money, or different digital currencies.