Binance Celebrates 8 Years with a Record 280 Million Users
2025-07-11 13:07:26
Main Idea
Binance has reached 280 million registered users and processed over $125 trillion in trading volume, solidifying its position as a leader in the cryptocurrency market.
Key Points
1. Binance holds over 41% of the spot cryptocurrency market as of June 2025.
2. The exchange has processed 217 million daily transactions totaling more than $91 billion.
3. Binance Pay has facilitated 300 million transactions worth $230 billion, saving users $1.75 billion in transfer fees from 2022 to 2024.
4. Binance's risk management systems have prevented $10 billion in fraudulent transactions and recovered over $215 million in stolen funds since December 2022.
5. Nearly 22% of Binance's employees work in compliance, handling 241,000 law enforcement requests and conducting over 400 financial crime training sessions.
Description
Cryptocurrency exchange Binance has reached 280 million registered users as it celebrates its eighth anniversary. This milestone highlights the platform’s explosive growth and global influence in the digital asset space. Since its founding, Binance’s total trading volume across spot and derivatives markets has exceeded $125 trillion, according to a press release. This figure underscores the platform’s dominance and the increasing adoption of cryptocurrencies worldwide. According to The Block, as...
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