Summary
Binance.US experienced a drop in trading volumes after SEC’s case and transition to a crypto-only exchange, but saw a strong rebound in volume, revenue, and user engagement in the last two quarters due to broader market recovery.
Key Points
1. Binance.US experienced a decrease in trading volumes following the SEC’s case and transition to a crypto-only exchange.
2. The last two quarters have shown a strong rebound in volume, revenue, and user engagement on the platform.
3. This rebound is attributed to the broader market recovery in the cryptocurrency industry.