Cryptocurrency exchange Binance has achieved a remarkable milestone, surpassing a trading volume of $100 trillion. This puts Binance ahead of major financial benchmarks, such as the S&P 500 market capitalization. The exchange's success is attributed to its user-friendly interface and attractive fee structure. Despite facing challenges such as a major hack and regulatory scrutiny, Binance has continued to thrive and currently maintains a trading volume that is eight times higher than its closest competitor.
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