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Binance overtakes Coinbase

  


According to a tweet by on-chain analyst Will Clemente, Binance holds more Bitcoin (BTC) than Coinbase for the first time .

This completes the transfer to the top of the most important exchanges in the world.

The changing of the guard is symbolic. After all, the two companies could not be more different at the moment.

While Coinbase is struggling with rumors of impending bankruptcy and massive staff cuts, Binance is acting frisky – and even hiring.

When it comes to trading volume, Binance is also way ahead. At $24 billion, investors trade around eight times as much as Coinbase every day.

Would you like to share your experiences with Binance with the community? Feel free to take a look at our guide and leave us a review.

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