• About
  • Coincu
  • Hot topics
  • Random
  • Exchange
  • Dotscan
Friday, July 1, 2022
CoinCu News
No Result
View All Result
  • Login
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home News

The Majority Of Binance Visitors Are Russians Although Binance Has Cut Services In The Country

May 9, 2022
in News
367
91
SHARES
3k
VIEWS
Share on Facebook

Bored Ape Owners Now Can Rent Out Their NFTs To Brands!

Creditors Who Requested The Liquidation of Three Arrows Capital Are Blockchain.com And Deribit!

The Majority Of Binance Visitors Are Russians

According to Similarweb, the following are the top centralized exchanges with the largest traffic in the previous 30 days: Binance, Coinbase, Bybit, FTX, Gate. Particularly prominent in the geographical rankings were Russia, South Korea, the United States, and Turkey.

Notably, despite the sanctions, the Russians continue to use Binance as their main cryptocurrency exchange. Binance OKX and Huobi are among the best from Russia. Coinbase, Kucoin, and Cryptocom are among the most popular in the United States. Bybit is the main source of traffic from South Korea.

binance

According to a post released by Binance on April 21, measures imposed by the European Union’s fifth round of sanctions against Russia require that Binance implement limits on the use of its services by people or businesses situated in Russia with crypto assets worth more than 10,000 euros.

Accounts that come within this limitation will be placed on withdrawal-only status, according to the firm. These accounts will be unable to receive deposits or participate in trading.

Another well-known crypto exchange, Coinbase, has the greatest proportion of traffic sources, with 54.6% originating from the United States. Binance traffic is quite scattered. The entire proportion of the top 10 traffic originating areas is less than 50%.

binance

At the moment, only OKX has traffic mostly from China; China also ranks first among derivatives exchange Deribit traffic sources, with 12.4%, followed by Hong Kong with 9.8% and the United States with 8.5%.

As seen by the traffic, Binance OKX and Huobi may suffer challenges as a result of Russian sanctions. Kucoin has an overwhelming majority of US traffic as a non-compliant exchange, therefore there are potential US regulatory issues. OKX absorbed Huobi’s market share following its withdrawal from China, and there is a possibility of Chinese market control. Deribit’s major traffic as a derivatives exchange comes from China and the United States, both of which are heavily regulated, and there is clearly a significant regulatory risk.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Binance Cut Services in Russia to Align with Western Sanctions

Coinbase Will Block Russian Accounts To Sanction The Country

Russia May Use Cryptocurrency to Bypass International Sanctions

Tags: #MarketsBinancecentralized exchangeCEXCrypto ExchangeHOTmarketRussiaRussian
Previous Post

What is Step App ($FITFI)? A potential Move-to-earn project in 2022?

Next Post

Bitcoin price objective is now $29K, according to a trader, following Terra’s $285M ‘FUD’ attack

Other Posts

Creditors Who Requested The Liquidation of Three Arrows Capital Are Blockchain.com And Deribit!
News

Creditors Who Requested The Liquidation of Three Arrows Capital Are Blockchain.com And Deribit!

July 1, 2022
CFTC Accuses Mirror Trading International Of $1.7 Billion Bitcoin Fraud
News

CFTC Accuses Mirror Trading International Of $1.7 Billion Bitcoin Fraud

July 1, 2022
CoinFLEX Exchange Cancels The Plan To Open Withdrawals For Users
News

CoinFLEX Exchange Cancels The Plan To Open Withdrawals For Users

July 1, 2022
BlockFi Denies Being Bought By FTX For Only $25 Million
News

BlockFi Denies Being Bought By FTX For Only $25 Million

July 1, 2022
El Salvador Spends Another $1.5M “Bottom-Fishing” 80 Bitcoin At $19000
News

El Salvador Spends Another $1.5M “Bottom-Fishing” 80 Bitcoin At $19000

July 1, 2022
Decentral Bank DAO Stops Using NEAR As Collateral For USN
News

Decentral Bank DAO Stops Using NEAR As Collateral For USN

July 1, 2022
Next Post
Bitcoin price objective is now $29K, according to a trader, following Terra's $285M 'FUD' attack

Bitcoin price objective is now $29K, according to a trader, following Terra's $285M 'FUD' attack

  • Circle Suffering From FUD Is Collapsing

    Circle Suffering From FUD Is Collapsing

    107 shares
    Share 43 Tweet 27
  • CoinFLEX Exchange Cancels The Plan To Open Withdrawals For Users

    100 shares
    Share 40 Tweet 25
  • 3AC-related Projects and Ventures Capital “Ripple” Effect

    98 shares
    Share 39 Tweet 25
  • Ethereum 2.0 Update Roadmap

    127 shares
    Share 51 Tweet 32
  • [Part 2] Inflation Is At Record High, What Will Financial Markets Look Like In 2022

    96 shares
    Share 38 Tweet 24
Trading For Beginners 101- The Most Powerful Candlestick Patterns Use In Crypto (P2)

Trading For Beginners 101- The Most Powerful Candlestick Patterns Use In Crypto (P2)

July 1, 2022
bored ape

Bored Ape Owners Now Can Rent Out Their NFTs To Brands!

July 1, 2022
PancakeSwap – Analysis of Business Strategic 2021-2022. Is it worth the investment at this point?

PancakeSwap – Analysis of Business Strategic 2021-2022. Is it worth the investment at this point?

July 1, 2022
Creditors Who Requested The Liquidation of Three Arrows Capital Are Blockchain.com And Deribit!

Creditors Who Requested The Liquidation of Three Arrows Capital Are Blockchain.com And Deribit!

July 1, 2022
Neopin – Analysis of the Business Model.

Neopin – Analysis of the Business Model.

July 1, 2022
dydx

Why Support dYdX Leaving ETH To Build Its Own Chain?

July 1, 2022
CFTC Accuses Mirror Trading International Of $1.7 Billion Bitcoin Fraud

CFTC Accuses Mirror Trading International Of $1.7 Billion Bitcoin Fraud

July 1, 2022
Vietnamese Man Faces 40 Years In Prison After US NFT Fraud Accusation

Vietnamese Man Faces 40 Years In Prison After US NFT Fraud Accusation

July 1, 2022
Facebook Starts Piloting NFTs From Ethereum And Polygon

Facebook Starts Piloting NFTs From Ethereum And Polygon

July 1, 2022
CoinFLEX Exchange Cancels The Plan To Open Withdrawals For Users

CoinFLEX Exchange Cancels The Plan To Open Withdrawals For Users

July 1, 2022
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Polkadot
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • Top Coin
  • Vi
  • DFH

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
    • GameFi
    • NFT
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Advertise
  • Dotscan

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In