The lion’s share of Binance revenue comes in the form of transaction fees

Binance leads cryptocurrency exchanges in terms of trading volume and the number of active users. Up to 90 percent of its revenue comes from transaction fees, company CEO Changpeng Zhao told TechCrunch this week.
According to him, Binance has almost completely abandoned the publication of advertising content on the site CoinMarketCap.
This service was purchased by the exchange in 2020. Advertisements were removed by management’s decision to make it easier for users to get the necessary information about the state of the market.

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