#BinanceTurns8
Binance has just completed eight years of existence, establishing itself as the largest cryptocurrency exchange in the world. Since its founding in July 2017 by Changpeng Zhao, the company has grown from a modest project with only five traded tokens to offering more than 600 digital assets in dozens of languages. On its seventh anniversary, in July 2024, the ecosystem launched the global campaign 'Be Binance' to engage more than 200 million users, promoting in-person and virtual events, BNB giveaways, and exclusive access to educational guides from Binance Academy. Furthermore, it was revealed that the exchange's reserves in Bitcoin grew by about 10% throughout 2024, highlighting its financial strength even amidst regulatory challenges.
In this eighth year, the impact of Binance on cryptocurrency adoption remains profound. The exchange has continued to be a true gateway to the Web3 universe, expanding its global infrastructure and fostering financial inclusion. With over $100 billion under custody (statistic valid until 2024), the company withstands crises, deepens its involvement in decentralized finance (DeFi), and continues to capitalize on its market leadership. Looking to the future, Binance is expected to continue investing in international regulation, new products, and educational initiatives to strengthen user trust and attract more institutional investors — firmly maintaining its purpose of democratizing access to the crypto universe.