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Binance Reigns Supreme: Chinese-Speaking Crypto Users Choose Binance as Their Go-To Exchange!
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Survey Says: 96% of Chinese-speaking respondents have crowned
Binance as their top crypto exchange, according to a recent survey by Hong Kong's TechFlow.
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Dominating the Market: Binance not only leads in popularity but also commands over 60% of the market share for big players in terms of holdings, earnings, and new coin listings.
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China's Crypto Conundrum: Despite China's ban on crypto transactions, Binance's connection to the country remains under scrutiny, with reports suggesting substantial trading volumes from Chinese users.
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VPNs to the Rescue: Resourceful traders manage to access Binance through Virtual Private Networks (VPNs), sidestepping internet restrictions like digital ninjas.
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OKX Makes the Cut: While Binance takes the crown, OKX secures a respectable second place among Chinese-speaking users, with
Gate.io and Bitget also vying for attention.
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Bitcoin Bulls on the Rise: The survey reveals that most respondents are optimistic about Bitcoin's future, predicting a price surge beyond $100k-$150k in this market cycle.
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