Analysts: 95% of Binance Chain in 2019 are "on-chain orders" and transfer transactions account for only 5%

Cryptocurrency analyst Christian Ott recently posted a blog post on trading and asset statistics on Binance Chain, stating that any of the released or cancelled Binance DEX on Binance decentralized exchange Orders are recorded as transactions, and the 9-month-old Binance Chain can facilitate many transactions through its "on-chain orders." He also pointed out that 95% of all transactions on Binance Chain in 2019 were on-chain orders, of which 63% were placed orders, and 32% of them were cancelled orders. Only 5% of the 47.5 million transactions in 2019 were transfer transactions.