# Binance's dominance in spot crypto trading wanes as market share hits 46%, the lowest since Oct '22. Despite this, Binance remains the largest exchange by volume **URL:** \ **Category:** Crypto News\ **Created:** [May 17, 2023, 3:27am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537 "2023-05-17T03:27:17Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![yaboyT](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/yaboyt/32/47_2.png) [@yaboyT](https://community.onyx.org/u/yaboyT)\ **Post date:** [May 17, 2023, 3:27am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/1 "2023-05-17T03:27:17Z")
[https://twitter.com/CCData\_io/status/1658121512237277185](https://twitter.com/CCData_io/status/1658121512237277185) ---
**Author:** ![SGF13](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/sgf13/32/41_2.png) [@SGF13](https://community.onyx.org/u/SGF13)\ **Post date:** [May 17, 2023, 3:35am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/2 "2023-05-17T03:35:48Z")
Ahha Binance will be king anyway ---
**Author:** ![PrinceMS](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/princems/32/40_2.png) [@PrinceMS](https://community.onyx.org/u/PrinceMS)\ **Post date:** [May 17, 2023, 3:37am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/3 "2023-05-17T03:37:50Z")
never treat individual as king . competition is alwys healthy and less chance of cheating to customers ---
**Author:** ![fruit37](https://avatars.discourse-cdn.com/v4/letter/f/dc4da7/32.png) [@fruit37](https://community.onyx.org/u/fruit37)\ **Post date:** [May 17, 2023, 9:35am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/4 "2023-05-17T09:35:05Z")
Crypto world is very centralized by Binance. Back then it was centralized by Mt Gox ---
**Author:** ![BigD](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/bigd/32/51_2.png) [@BigD](https://community.onyx.org/u/BigD)\ **Post date:** [May 18, 2023, 4:05am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/5 "2023-05-18T04:05:51Z")
But please dont wish for binance crash ---
**Author:** ![confelicity](https://avatars.discourse-cdn.com/v4/letter/c/8c91f0/32.png) [@confelicity](https://community.onyx.org/u/confelicity)\ **Post date:** [May 18, 2023, 9:07am UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/6 "2023-05-18T09:07:00Z")
this just means that crypto is unstoppable. Back then Mt Gox was even bigger than Binance now and crypto survived ---
**Author:** ![yaboyT](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/yaboyt/32/47_2.png) [@yaboyT](https://community.onyx.org/u/yaboyT)\ **Post date:** [May 18, 2023, 5:40pm UTC](https://community.onyx.org/t/binances-dominance-in-spot-crypto-trading-wanes-as-market-share-hits-46-the-lowest-since-oct-22-despite-this-binance-remains-the-largest-exchange-by-volume/537/7 "2023-05-18T17:40:21Z")
True … what do you think is binance safe //?