#TradersLeauge Binance Coin) launched in July 2017 via ICO; capped at 200 million tokens and serves to pay lower trading fees.
Binance uses 20% of quarterly profits to buy back and burn BNB—27 burns had taken place by April 2024 (last tally: 1.94 M BNB, ~$670M)
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Bainance income
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Here’s a breakdown of Binance’s recent financial performance and income sources:
📈 Global Revenue & Profit
2025 (estimated):
Revenue: ≈ $17.5 billion
Net profit: ≈ $4.8 billion
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2024 deposits & users:
Customer deposits surged to $21.6 billion—a 36% growth YOY—boosted by $BTC and $USDT inflows
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Active user base climbed to ~250 million
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stablecoininsider.com
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Historical Revenue & Profit Trends
2023: Revenue ~ $16.8 billion (up 40% from 2022)
2022: Revenue ~ $12 billion
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moneyzine.com
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en.wikipedia.org
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2020: Profit ranged between $800 million–$1 billion
buybitcoinworldwide.com
Income Breakdowns by Stream
Revenue Stream 2025 Estimate
Trading Fees 80% of revenue ($14 B)
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Futures Fees ~$3.5 billion
Binance Earn ~$550 million
NFT Market Fees ~$160 million
Binance Pay Fees ~$110 million
Lending, mining, cards Significant (Q1 2025 profitability cited)
🔍 Key Insights
Dominant Market Position:
Binance controls ~42–44% of global CEX spot trading
en.wikipedia.org
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coinlaw.io
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stablecoininsider.com
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, processing massive volumes (~$1.9T in Q1 2025, ~$16B/day).
Diverse Revenue:
While trading fees remain the core profit driver (~80–90%), newer services like Earn, NFTs, lending, mining, and crypto payments generate meaningful additional income
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coinlaw.io
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Strong Profitability:
Despite regulatory costs and fines, Binance remains highly profitable—much of its ~$4.8B net income stems from trading dominance and expanding fee streams.