Main Takeaways
In just eight years, Binance users have traded over $125 trillion in value, surpassing the world’s combined GDP in 2024.
From unmatched performance and diverse offerings to a security-first philosophy and a seamless "save and spend" ecosystem, Binance bridges the gap between digital assets and everyday utility, one feature at a time.
None of this would have been possible without you, our global community.
Eight years ago, Binance launched with an ambitious goal: to make crypto accessible to everyone. Since then, the industry has grown – and so have we. Along the way, we’ve built new tools, navigated challenges, and helped tens of millions of users around the world explore the potential of digital assets. As we turn eight, we’re taking a moment to reflect on the journey with eight facts that haven’t always made the headlines, yet say a lot about what Binance has become and where it’s headed.
1. $125 Trillion Traded in 8 Years
Since its launch in 2017, Binance users have traded over $125 trillion in value – spanning both spot and futures markets. To put this in perspective, this figure surpasses the world’s combined GDP, estimated to be around $110.5 trillion, by 13%. This extraordinary activity is matched by a staggering 217 million trades executed daily, or approximately 2,511 trades per second.
Such volume is made possible by Binance’s highly scalable infrastructure, which has handled as much as 4.475 million requests per second (RPS) during periods of extremely high activity. This proved robustness ensures that even during peak market hours or sudden surges in volatility, the platform operates with minimal latency and high reliability.
But performance alone doesn’t drive volume – breadth of choice matters too. Binance currently offers 1,573 trading pairs, giving users access to everything from blue-chip tokens to emerging altcoins. This wide-ranging selection attracts a global and diverse user base, sustaining high levels of trading activity around the clock.
Together, scale, speed, and variety position Binance not just as a major player, but as a continuing leader in the ever-evolving world of crypto markets.
2. Our Security-First Approach Prevented $10 Billion in Fraud Losses
At Binance, security is a core principle that underpins everything we build. Between December 2022 and May 2025, our security teams helped prevent nearly $10 billion in potential fraud losses, directly helping 7.5 million users through freeze-and-recovery operations and real-time threat detection. To stay ahead of emerging threats, our risk team continuously innovates and optimizes detection systems to detect malicious activity earlier, respond faster, and adapt to evolving threats.
But our commitment doesn’t stop at the last line of defense. Binance’s risk and security teams actively publish safety guides to help users recognize scams, protect their assets, and navigate the crypto space more confidently. These efforts have likely prevented even more losses beyond what the reported numbers capture.
3. $50 Billion Earned via Binance Earn
Not everyone wants to trade actively – many prefer to hold and grow their assets over time. That’s where Binance Earn comes in. Through flexible savings, staking, and auto-invest tools, users have earned and saved over $50 billion in the past eight years. This reflects both the rising demand for crypto savings products and Binance’s commitment to making financial tools accessible and effective for everyone – regardless of trading style.
4. Binance Pay: $230 Billion and 300 Million Transactions
Binance Earn helps users grow their assets; Binance Pay helps them use those assets with ease. Together, they offer the "save and spend" functionality traditionally associated with banks – but reimagined for a borderless, digital-first world. As of mid-2025, Binance Pay has processed $230 billion across more than 300 million transactions.
Crucially, it has saved users $1.75 billion in remittance fees between 2022 and late 2024 – providing a cost-effective alternative for cross-border payments, freelancers, merchants, and families. This is Binance’s vision in action: making crypto not just something to hold, but something to use – everyday, everywhere.
5. 20 Million Use Binance Wallet
While some grow and spend within the Binance CEX ecosystem, others go straight on-chain – and that’s where the Binance Wallet comes in.
Now used by over 20 million people worldwide, this tool has become a cornerstone of Binance’s decentralized offering. Built with security, simplicity, and self-custody at its core, it gives users streamlined access to DeFi protocols, DApps, and on-chain tools – with eligible users on the Binance Alpha platform receiving an average of $2,569 in airdrop rewards and $1,651 in token generation event (TGE) allocations between mid-February and the end of May 2025.
6. Scaling Compliance
In a rapidly evolving regulatory landscape, compliance is essential to building long-term trust and sustainable growth. That’s why Binance continues to invest heavily in strengthening its global compliance framework.
This year, we are projected to increase our compliance spending by 33%, with 1,270 team members – 21.8% of Binance’s total workforce – dedicated to compliance-related functions, including transaction monitoring, legal advisory, investigations, and policy implementation. This reflects Binance’s deep commitment to transparency, accountability, and close collaboration with regulators worldwide.
7. Giving Back: $40 Million via Binance Charity
At Binance, we’re committed to serving not just our users, but communities around the world – including those not yet part of the crypto ecosystem. Our community has believed in us from the start, and through Binance Charity, we aim to pass that support forward.
Since its founding, Binance Charity has donated over $40 million towards education and disaster relief, benefiting close to 4 million people globally. Of this, more than $5.5 million has gone toward supporting education – from scholarships to student aid. These efforts help underserved students while laying the groundwork for long-term crypto adoption. From classrooms to crisis zones, Binance Charity is a vital part of our broader mission to drive meaningful, inclusive impact beyond our platform.
8. Education for All: Binance Academy
While our donations have supported underserved communities and students globally, we believe education should be accessible to everyone – regardless of background, experience, or geography.
That belief inspired us to build Binance Academy – a free, open-access platform delivering crypto education to anyone, anywhere. Available in 29 languages, Binance Academy supports users at every stage, whether they’re just starting out or deepening their expertise. To encourage learning, we’ve distributed over $12.8 million through our Learn & Earn program – lowering the barrier to entry, helping users engage with crypto in a hands-on way as they learn.
As of now, more than 64 million people have built their crypto knowledge with Binance Academy. Through giving and education, Binance remains committed to fostering a more informed, inclusive, and empowered global community.
Final Thoughts
Eight years, eight facts, and one constant – our community. These milestones reflect a journey shaped by the users who have traded, saved, spent, and stood by Binance through market cycles and regulatory changes. Here’s to continuing the journey – and counting down to another year of building, growing, and reaching new heights together.
