Binance, the world’s largest cryptocurrency exchange, recorded a 24-hour volume of over $5 billion on June 27. The cryptocurrency exchange’s Chief Executive Officer, Changpeng Zhao, informed the community about the exchange’s achievement via a simple tweet on Twitter. He said,
The exchange highly traded Bitcoin via the BTC/USDT pair, reporting a 24-hour trading volume of $2.208 billion. Bitcoin was followed by Ethereum, with the ETH/USDT and ETH/BTC trading pairs recording 24-hour trading volumes of $348 million and $194 million, respectively. XRP was not far behind when it came to competing with the mentioned cryptos, as it reported a trading volume of $140 million on Binance via the XRP/USDT pair.
At press time, Binance was reporting a 24-hour trading volume of $5.485 billion, while the volume yesterday was reported to be $5.459 billion. Over the past seven days, Binance has reported a trading volume of $18.640 billion, while posting a growth rate of 55%.
Binance was closely followed by Huobi Global, reporting a 24-hour trading volume of $4.404 billion. The BTC/USDT trading pair reported a trading volume of $1.814 billion. The exchange noted a trading volume of $14.027 billion over the past week.
Following the exchange’s latest achievement, Binance informed the community of a new way to buy its coin, Binance coin [BNB], through credit card. Binance’s official Twitter handle announced that users would be able to use Visa and MasterCard to buy BNB. Binance coin joined the likes of Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], XRP, and Bitcoin Cash [BCH], all cryptos that today can be bought using credit cards.
As for Binance coin, the market appeared ruthless as the coin fell by 11.51% over the day.