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Binance vs. Coinbase: CZ’s bold comparison and BNB’s bullish momentum
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In a bold move, Binance [BNB] CEO Chanpeng Zhao shared a comparison of Binance.US’s trading volume with that of Coinbase on 31 March, showcasing an impressive surge in activity for the former. With such a significant uptick in trading volume, one might wonder if this newfound confidence has also extended to the BNB coin.
Realistic or not, here’s BNB market cap in BTC’s terms
CZ may have made this comparison because Binance.US and Coinbase both operate in the United States. CZ shared a post indicating that Binance US achieved a remarkable feat – its weekly trading volume was equivalent to 41% of Coinbase’s global trading volume.
<p lang=«en» dir=«ltr» xml:lang=«en»>Sharing some public data. @BinanceUS (NOT including https://t.co/ukvU1dlpOt) weekly trading volume reached 41% of Coinbase's (global) trading volume last week. An ATH. pic.twitter.com/DMY8f64Eab— CZ
Read more on ambcrypto.comAbout this in other media
Former Coinbase CTO predicts this about the future of BTC but here’s the hitch ambcrypto.com /1 year ago
How will Binance’s struggles to find banking partner in the U.S. impact BNB ambcrypto.com /1 year ago
Crypto could eliminate 97% of traditional remittance fees: Coinbase cointelegraph.com /1 year ago
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