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Director of Binance: a decrease in the volume of bidding is not a cause for concern



Binance CEO Changpen Zhao said in an interview with CNBC that he was not at all concerned about the decline in trading volumes on the exchange.  

Zhao pointed out that during the period when digital asset prices are stable, traders always trade less. If we compare the current trading volumes with summer indicators, they have changed slightly. But in comparison with the beginning of the year, this figure decreased by almost 90%.  

Also, the head of Binance added that the exchange continues to evolve, and indicators such as transaction speed, security and user protection are the main advantages of the platform.  

It is worth noting that now the exchange has its own analytical department, which means that soon they will provide users with detailed reports in the field of cryptocurrency market.  

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