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Cryptocurrency News Articles

Spot Trading Volume Skyrockets: Binance (BNB) Hits Trillion-Dollar Mark

Apr 09, 2024 at 07:39 pm

  • Binance’s (BNB) spot trading volume reaches $1.12 trillion in March.
  • Uniswap (UNI) surpasses $2 trillion in all-time trading volume despite a recent price dip.
  • DTX Exchange (DTX), a new trading platform with a vast asset selection, is selling for $0.02 in its presale.

The cryptocurrency market is showing signs of recovery in 2024, with major tokens like Binance (BNB) and Uniswap (UNI) experiencing significant price increases. Meanwhile, a new player, DTX Exchange (DTX), is also generating excitement through its presale and user-friendly features.

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Binance’s (BNB) spot trading value increases 121%

Last year did not end on a good note for Binance (BNB). Binance (BNB) dipped from $305 to $205 in October 2023. The same downward trend continued throughout November. This can also be attributed to Binance (BNB) founder, Changpeng Zhao, pleading guilty to violations of U.S. anti-money laundering laws.

While many people thought that this could be bad news for Binance (BNB), the token has already managed to recover in 2024. Since February, Binance (BNB) has rallied significantly, and is currently trading at the price of $587.9. In the past month, Binance (BNB) gained 36.1% in market value.

A new report by CCData shows Binance’s (BNB) spot trading activity boomed in March, surging by 121% to hit a whopping $1.12 trillion. Looking at these reports, analysts are looking forward to a better future for the token. Most analysts predict that Binance (BNB) is most likely to have a bullish market in the future.

Uniswap (UNI) crosses $2 trillion in all-time trading volume

Uniswap (UNI) is another token that is giving good returns to its investors. Currently trading for $11.31, Uniswap (UNI) has grown by 89.0% in the past year. Recently, Uniswap (UNI) also reached a significant milestone by surpassing $2 trillion in all-time trading volume.

There are a lot of reasons for Uniswap’s (UNI) popularity. Firstly, the platform is compatible with a variety of blockchains. This reach makes it easy for users to adopt Uniswap (UNI) across ecosystems. Secondly, Uniswap (UNI) uses smart contracts on the Ethereum blockchain to automate the trading of digital assets. This allows everyone to trade freely, with transparency.

While the token has dropped 24.18% in the past month, experts think that this is only temporary. They predict that Uniswap (UNI) is doing well, and has a bright future ahead.

DTX Exchange presale rakes in $120k already

Like Binance (BNB) and Uniswap (UNI), another token is catching the eyes of investors with its promising future. DTX Exchange (DTX) is a new decentralized exchange (DEX) that has attracted attention with its innovative features, and focus on user experience. Unlike traditional centralized exchanges (CEXs), DTX Exchange (DTX) is built on the Ethereum blockchain. This offers a secure, and transparent trading environment.

DTX Exchange (DTX) offers a vast selection of over 120,000 tradable assets, including cryptocurrencies, forex, equities, and contracts-for-difference (CFDs). This makes it a one-stop shop for traders of all experience levels.

The platform focuses on making trading as easy as possible for the users. It provides traders with a variety of tools to help them make informed decisions, such as on-chain analytics, trading signals, and real-time market data.

The platform also supports the use of trading bots for automated trading and portfolio management applications. Not only this, but DTX Exchange (DTX) also offers these features at zero commissions!

Currently, the DTX Exchange (DTX) presale is taking place at the price of $0.02. The token has already raised over $120k in its first presale stage. Considering the innovative features, and promising future of the project, it is the perfect time to invest in DTX Exchange (DTX).

DTX is currently in its first presale stage. To learn more about DTX, visit the DTX presale website or join the DTX community. 

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Other articles published on Jan 11, 2025