Binance still gets most of its business from China despite crypto being illegal in the country.

The crypto exchange had over $90 billion worth of spot and futures trading volume from China in May, the Wall Street Journal reported, citing an internal platform at Binance named "Mission Control." Most of that volume came from futures trading.

Binance's total combined spot and bitcoin futures trading volume was over $670 billion in May, according to The Block's Data Dashboard. After China, Binance's biggest markets are South Korea, Turkey and Vietnam, per the WSJ report.

Binance's China presence 

Binance had 5.6 million China-based users as of May, of which 911,650 were active, according to Mission Control. Overall, the crypto exchange has a total of over 128 …