Binance Loses Market Share in September! 📉

- According to a CCData report, Binance's spot and derivatives trading volumes fell by 23% and 21% respectively.

- Centralized exchanges' trading volumes decreased by 17% overall.

- Binance's spot market share fell to 27% and its derivatives market share fell to 40%.

- Competitors Crypto.com, Bybit, and Bitget increased their market shares.

- US regulatory pressures put Binance in a difficult position.