Binance US market summary
Centralized (CEX). Country United States. Established 2019. Trust rank 27. Reported 24h volume 381.92 BTC.
Coverage: 253 active pairs across 196 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Tight. Top ten pairs share 82.3%. Key pairs include BTC/USDT, USDT/USD, BTC/USD, ETH/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.04%.
Understanding activity and pricing
Volume mix: USDT is the largest tracked quote currency at about 57.0% of measured flow. Data scope: 254 tickers observed, with spread readings on 254 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy