Binance, the leading global cryptocurrency exchange, celebrated its eighth anniversary, reaching an impressive milestone of 280 million users worldwide. Founded in 2017 as a cryptocurrency exchange platform, Binance has transformed into a global ecosystem spanning over 100 countries. During this time, users of the exchange have conducted transactions with digital assets totaling $125 trillion, highlighting its market leadership.
Binance CEO Richard Teng emphasized that the platform's success is based on user trust and a user-centric philosophy. "Eight years ago, we aimed to make cryptocurrencies a tool for financial freedom. Today, 280 million people have integrated them into their lives, and Binance has become their reliable guide," he noted. The platform offers a wide range of products: from trading and financial instruments to educational programs and Web3 initiatives.
Binance continues to grow, adding about a million new users each week, and has set an ambitious goal of reaching 1 billion users. Security remains a priority: since 2022, the exchange has prevented fraudulent losses of $10 billion.
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