Kay Capital
Kay Capital|Jun 19, 2025 04:56
From the recent Nobitex incident and various previous exchange security incidents, it can be seen that for ordinary retail investors, it is best to choose top tier exchanges for daily use, and fund security is always the first factor to consider. Madam, you don't want your coins to be stolen, do you? At present, it is the consensus in the market that Binance should be ranked first in terms of overall performance. From a data perspective, this is indeed the case: one ️⃣ Spot market share hits a new high in nearly 12 months: The Block market share tracking data shows that Binance's current spot market share has rebounded to the highest level in the past year. two ️⃣ BTC&ETH trading volume continues to increase: Binance currently accounts for approximately 45.6% of BTC spot trading volume, while ETH spot trading volume remains at around 50%. At low tide, not only can you know who is swimming naked, but you can also know who is wearing the sexiest bitter tea. In the current situation of a decline in overall market trading activity, having such data indicates that Binance itself has strong user stickiness, and also suggests that other users may choose Binance to avoid risks. Fundamentally, Binance can continue to lead the market at present. Setting aside other market factors such as event operations, the security of Binance remains the most important factor in attracting users. According to data released by CryptoQuant on June 3rd, Binance currently holds 59% of USDT and USDC reserves in centralized exchanges, and has the largest stablecoin reserves among all centralized exchanges. Stable and transparent reserves are always highly valued by users after FTX. In addition, Alpha activities have indeed attracted many on chain or other users to convert into Binance users. Balance points and trading volume points refer to the conversion of funds retention and operational habits. Having funds on Binance and getting used to Binance's operations, it's hard not to continue using Binance. A grain of sand from the times, when it falls on an individual's head, is like a mountain. If one has experienced the torture of FTX, even though the final outcome was unsatisfactory, no one would want to go through the agony of the process again. Always remember that 'financial security' is more important than 'earning 10% more'.
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