{"id":4118,"date":"2025-06-26T10:04:03","date_gmt":"2025-06-26T10:04:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/binance-has-most-bitcoin-liquidity-but-bitget-leads-with-altcoins-report\/"},"modified":"2025-06-26T10:04:08","modified_gmt":"2025-06-26T10:04:08","slug":"binance-has-most-bitcoin-liquidity-but-bitget-leads-with-altcoins-report","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/binance-has-most-bitcoin-liquidity-but-bitget-leads-with-altcoins-report\/","title":{"rendered":"Binance has most Bitcoin liquidity, But Bitget leads with altcoins: Report"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">A report by CoinGecko compared major exchanges on the liquidity they offer to traders across several major crypto assets.  <\/p>\n<p>Binance continues to dominate among crypto exchanges, especially when it comes to Bitcoin (BTC) trading. However, a report by CoinGecko, published on June 25, suggests that smaller exchanges can compete with Binance in the altcoin market. Specifically, Bitget (BGB) exchange leads in the key mid-spread band for altcoins, which is where most real trading occurs.<\/p>\n<p>CoinGecko\u2019s report shows that Binance remains unchallenged in terms of Bitcoin liquidity. Binance controlled around 32% of all Bitcoin liquidity on exchanges, with deeper liquidity across all trading depths.<\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14391853\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Median BTC daily liquidity on major centralized exchanges, aggregated from March 19 to May 18 | Source: CoinGecko<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Biget challenges Binance on altcoins<\/h2>\n<p>Still, other exchanges are able to challenge Binance in altcoin liquidity. For instance, Bitget leads in the mid-range, where most of the trading happens. At the same time, the exchange actually outpaced Binance on several days, including April 15. Still, beyond the mid-range, Bitget\u2019s liquidity tapers off.<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14391852\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"693\" height=\"427\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/06\/1750932243_857_Binance-has-most-Bitcoin-liquidity-But-Bitget-leads-with-altcoins.png\" alt=\"ETH daily liquidity on major centralized exchanges on April 15\">\n<\/picture><figcaption class=\"wp-element-caption\">ETH daily liquidity on major centralized exchanges on April 15 | Source: CoinGecko<\/figcaption><\/figure>\n<p>The situation is similar for XRP, where Bitget retains dominance in the 0.3% trading range, after which it quickly declines. Bitget also leads in SOL liquidity, controlling 32% of the share at the 0.6% liquidity range. According to CEO Gracy Chen, Bitget has been working actively to partner with institutional liquidity providers.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cToday, institutions drive 80% of our spot volume, futures activity from professional firms has doubled, and 80% of top quant funds trade on Bitget. Liquidity is infrastructure \u2014 and we\u2019re building it where the market needs it most,\u201d Gracy Chen, Bitget CEO.<\/p>\n<\/p>\n<\/blockquote>\n<p>Finally, the CoinGecko report notes that liquidity is healthy across all major exchanges, particularly in realistic trading ranges. This indicates a healthy state of the crypto market as it continues to mature and attract more institutional players.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A report by CoinGecko compared major exchanges on the liquidity they offer to traders across several major crypto assets. Binance continues to dominate among crypto exchanges, especially when it comes&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4118"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4118\/revisions"}],"predecessor-version":[{"id":4120,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4118\/revisions\/4120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4119"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}