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Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets

TheNewsCrypto LogoTheNewsCrypto2d ago

Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets - TheNewsCrypto

Quick Summary:

According to statistics provided by DeFiLlama, Binance, which is the leading blockchain ecosystem in the world and the biggest cryptocurrency exchange in terms of trading volume and users, has achieved two consecutive billion-dollar inflow weeks.

This number is five times higher than the net inflows of the platform that comes in second place in terms of size.

As a result of this trend, the user asset holdings on Binance have hit $130 billion, as documented on DefiLlama’s dashboard.


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Article Details

Author / Journalist: Shanawaz

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 22:30:00 (2 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23543975

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets" was covered 2 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 29 news stories per day.

It's most recent story was published 13 hours ago.

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  • URL: https://beamstart.com/news/binance-surpasses-5-billion-in-17313853762901

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