Is Binance the world's largest cryptoasset exchange?

As a seasoned professional in the world of cryptocurrency and finance, I'm often asked to weigh in on industry titans. One such question that frequently arises is: "Is Binance truly the world's largest cryptoasset exchange?" The query is not just a matter of sheer size but also a reflection of Binance's standing in the highly competitive crypto landscape. The answer involves examining metrics such as trading volume, user base, market share, and even technological advancements that Binance has spearheaded. Additionally, it's crucial to consider Binance's global reach and its impact on the crypto economy at large. So, is Binance indeed the world's largest cryptoasset exchange? Let's delve deeper into the numbers and facts to find out.