Binance Dominates Bitcoin Spot Market in 2025 With Over One-Third of Global Volume
Bitcoin spot trading in the first half of 2025 has been heavily concentrated on Binance, which captured a staggering 37.34% of global volume—amounting to over $3.44 trillion.
The exchange remains the go-to venue for liquidity and large trades, often setting the tone for broader market moves.
Trailing behind, a combined group of exchanges—Bybit, Crypto.com, Coinbase, and OKX—make up roughly 29% of the market. While still significant players, their individual share lags well behind Binance’s commanding lead.
Mid-tier platforms like Upbit, Bitget, and HuobiPro maintain modest relevance, each hovering around 5% market share. Meanwhile, other exchanges such as Kraken, KuCoin, and Gate.io continue to serve niche or regional users, contributing less than 3% each to the global volume.
For traders watching big BTC movements or seeking the deepest liquidity pools, Binance remains the top destination—by a wide margin.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
