Binance was founded in 2017 by @CZ and @Yi He , who both grew up facing economic barriers and shared a vision to make financial freedom possible for everyone through crypto.
• In 2013, CZ discovered Bitcoin, sold his house, and went all in believing crypto could change the world.
• In 2017, with a small team, Binance launched as a crypto-to-crypto exchange.
Within 180 days, it became the largest in the world by trading volume.
• Over the years, Binance expanded from a trading platform into a global ecosystem offering tools for trading, saving, payments, education, charity, and
Web3.
• Today, 280 million users across more than 100 countries trust Binance to build
their financial futures.
Key milestones over 8 years:
• 2017: Launched mobile apps, making crypto accessible to anyone, anywhere.
• 2018: Created the SAFU Fund worth 1 billion USDC to protect user funds.
• 2019–2021: Rolled out P2P, Binance Earn, and Binance Pay to empower users to trade, earn, and spend.
• 2022–2023: Launched Proof of Reserves and Binance Web3 Wallet, reinforcing transparency and empowering users to safely interact with the decentralized
Web.
• 2024: Reached 200 million registered users.
• 2025: Surpassed 280 million users nearly 1 in 28 people on Earth.
Eight Years of Growth:
Since launching in 2017 as a crypto-to-crypto exchange, Binance has evolved into the
world’s largest cryptocurrency platform, with a community of 280 million users across more than 100 countries nearly 1 in every 28 people on Earth.
Every week, around one million new users join, showing how digital assets are steadily
becoming part of everyday finance.
Leading Trading Platform:
Over the past eight years, Binance users have traded more than $125 trillion worth of digital assets across spot and derivatives markets.
Today,the platform handles an average daily volume of over $91 billion and processes around 217 million trades every day, helping people around the world access liquidity and opportunity at scale
Deepest Liquidity & Trusted Products:
As of June 2025, Binance holds more than 41% of global crypto spot market share, according to The Block.
This leadership reflects the trust that both retail and institutional participants place in Binance as their go-to venue for trading and investing.
Beyond Trading: Binance has become much more than an exchange. Over the years:
• $50 billion in earnings and savings have been delivered to users through Binance Earn.
• Binance Pay has processed $230 billion across 300 million transactions, helping people send and spend crypto faster and more affordably.
• Between 2022 and 2024 alone, Binance Pay saved users $1.75 billion in remittance fees showcasing how crypto can improve lives in underserved
regions.
• More than 64 million people have built their crypto knowledge with Binance Academy.
Security & Compliance Leadership:
Keeping users safe is at the core of everything Binance does.
• Since December 2022, Binance’s risk controls have prevented $10 billion in fraud losses and helped recover or freeze over $215 million in stolen funds.
• The team has responded to 241,000 law enforcement requests and conducted 400+ training sessions with agencies worldwide to fight financial crime through
blockchain transparency.
• Today, nearly 22% of Binance’s workforce is dedicated to compliance, with spending projected to rise 33% in 2025 to keep raising the bar for security andtrust.
Continued Innovation:
From Binance Wallet and Binance Alpha to Launchpool and Megadrop, Binance keeps introducing new ways for users to access digital assets, discover opportunities, and engage with the future of finance.