Binance Blog published a new article, celebrating Binance's eighth anniversary and highlighting its significant achievements over the years. The article reflects on the platform's journey, emphasizing the trust and support of its users, which have been pivotal in reaching these milestones. Binance now serves over 280 million users globally, making it comparable to the fourth-largest country in the world if it were a nation-state. Over the past eight years, users have traded $125 trillion in digital assets, earned and saved $50 billion through Binance Earn, and processed nearly $230 billion using Binance Pay. These figures underscore the platform's substantial impact and the trust placed in it by millions worldwide.
The article also discusses Binance's role in promoting responsible crypto adoption as regulatory clarity improves in key markets. With nearly 80 million new users joining since its seventh anniversary, Binance continues to be at the forefront of crypto adoption. The platform's commitment to user safety is evident, with its risk and security systems preventing $10 billion in potential fraud losses between December 2022 and May 2025. Binance's investment in compliance is set to increase by over 30% in 2025 compared to 2024, ensuring the safety of user funds and data. The article highlights Binance's collaborative efforts with law enforcement, having responded to over 240,000 requests and conducted more than 400 training sessions globally to combat criminal activities in the crypto space.
Binance's achievements extend beyond trading, offering users the freedom to save, earn, and send money across borders. Binance Earn has delivered $50 billion in earnings and savings, while Binance Pay has processed $230 billion across 300 million transactions. The platform has also helped users save $1.75 billion in remittance fees between 2022 and 2024. These numbers represent real people achieving financial independence and overcoming barriers to financial inclusion. Binance's innovation is driven by user feedback, leading to the launch of features like Binance Alpha and Binance UI Refined, enhancing user experience and accessibility.
The article concludes by acknowledging the role of institutional adoption in the industry's growth, with Binance's institutional user base growing by 97% in 2024. As the most regulated global exchange with the deepest liquidity, Binance is well-positioned to lead in the evolving financial landscape. The platform's commitment to innovation and user trust remains unwavering as it continues to build solutions for both individuals and institutions. As Binance celebrates its eighth anniversary, it reaffirms its dedication to delivering value, security, and opportunities to its users, with a promise of a brighter future ahead.