Kaiko data: March 26 was Binance’s lowest BTC volume day since July 4, 2022, a few days before it began zero-fee trading, which it mostly phased out last week (Lyllah Ledesma/CoinDesk)

Kaiko data: March 26 was Binance’s lowest BTC volume day since July 4, 2022, a few days before it began zero-fee trading, which it mostly phased out last week (Lyllah Ledesma/CoinDesk)

Lyllah Ledesma / CoinDesk:
Kaiko data: March 26 was Binance’s lowest BTC volume day since July 4, 2022, a few days before it began zero-fee trading, which it mostly phased out last week  —  Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid-March prior to the decision to eliminate the promotion.