In April 2025, Binance led the centralized exchange market with a 38% share, although it faced an 18% decline in trading volume from the previous month. Gate.io grew its market presence significantly, capturing 9%, while Bitget’s steady rise brought its share to 7.2%.
The combined trading volume of the top 10 crypto exchanges fell by 16.3% in April, totaling 1.3 trillion USD. The competition intensified as platforms adjusted to market volatility, highlighting a rapid shift in trading preferences.
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