Source: Binance News
Key Points
In just eight years, Binance users have achieved a total trading volume exceeding $125 trillion, surpassing the total global GDP for 2024.
From exceptional performance and diverse products to the concept of 'safety first' and the smooth ecosystem of 'savings and consumption', Binance is steadily bridging the gap between crypto assets and everyday life.
All of this is made possible by the power of the global community.
Eight years ago, Binance was born with a grand vision: to make cryptocurrency accessible. Eight years have passed, and the crypto industry has changed dramatically; we have also grown along the way: developing new tools, overcoming challenges, and accompanying tens of millions of users in exploring the infinite possibilities of crypto assets. On this eighth anniversary, let’s reflect on this extraordinary journey through eight stories you may not have heard and look forward to the future together.
1. Eight years, $125 trillion in trading volume
Since its establishment in 2017, Binance users have accumulated over $125 trillion in trading volume in the spot and futures markets. This figure exceeds the global GDP of $110.5 trillion in 2024 by 13%. Meanwhile, approximately 217 million transactions are completed daily on Binance, averaging about 2,511 transactions per second.
This astonishing scale relies on Binance's highly scalable infrastructure, which has handled 4.475 million requests per second during extreme peak periods while maintaining low latency and high stability. This robustness ensures that even during peak market periods or sudden spikes in volatility, the platform can operate with minimal latency and exceptional stability.
Performance alone cannot determine trading volume; a rich variety of choices is also crucial. Currently, Binance offers 1,573 trading pairs, covering a wide range from mainstream coins to emerging tokens, attracting diverse users from around the world for 24-hour active trading.
The combination of scale, speed, and variety has established Binance's leading position in the crypto market.
2. Safety First: Preventing $10 billion in potential fraud losses
Safety is Binance's core principle. From December 2022 to May 2025, the Binance security team has helped 7.5 million users freeze and recover their assets, preventing nearly $10 billion in potential fraud losses. Our risk team is continually innovating and optimizing detection systems to identify malicious activities earlier, respond faster, and adapt to evolving threats.
We are not just the last line of defense but also the guardians of our users. Binance regularly publishes security guidelines to help users identify scams, protect assets, and participate in the crypto world with greater confidence. These efforts may have prevented losses greater than the reported figures.
3. Binance Wealth Management: Users have earned over $50 billion
Not everyone leans towards high-frequency trading; many users prefer to hold assets and let them appreciate over time. For users reluctant to trade frequently, Binance Wealth Management offers an alternative. Through flexible wealth management, staking, and automated investment products, users have earned and saved over $50 billion in the past eight years. This not only proves the strong demand for crypto wealth management products but also reflects Binance’s commitment to making financial tools more inclusive and efficient.
4. Binance Pay: $230 billion in processed amounts, 300 million transactions
Binance Wealth Management helps users accumulate wealth, while Binance Pay enables wealth to flow without boundaries. Together, they offer 'savings and consumption' features exclusively for traditional banks, redesigned for a borderless, digital-first world. By mid-2025, Binance Pay had processed over $230 billion in funds, completing over 300 million transactions.
This tool helps users save approximately $1.75 billion in cross-border remittance fees, providing low-cost and high-efficiency payment solutions for freelancers, merchants, and global families. Binance's vision is being realized: making cryptocurrency not just an asset to hold but one that can be used globally anytime, anywhere.
5. 20 million users trust Binance Wallet
For users who prefer on-chain operations, Binance Wallet provides a simple, secure, and self-managed entry point.
Globally, 20 million users are using Binance Wallet to explore DeFi, DApps, and on-chain tools, making it a crucial cornerstone of Binance's decentralized products. From mid-February to the end of May 2025, eligible users on Binance Alpha could average $2,569 in airdrop rewards and $1,651 in TGE allocations.
6. Compliance Expansion: 21.8% of employees focus on compliance
In a rapidly evolving regulatory environment, compliance is the cornerstone of long-term trust and sustainable growth. For this reason, Binance continues to invest heavily in reinforcing its global compliance framework.
By 2025, Binance expects to increase compliance investment by 33%. Currently, 1,270 employees (21.8% of the total workforce) focus on transaction monitoring, legal advice, investigations, and policy implementation. This is Binance's firm commitment to transparency, accountability, and global regulatory cooperation.
7. Giving Back to Society: Binance Charity donates $40 million
Binance's mission is not only about users but also about the global community, including those who have not yet joined the cryptocurrency ecosystem. Our community has been confident in us from the beginning, and we hope to pass that support on through Binance Charity.
Since its establishment, Binance Charity has donated over $40 million for education and disaster relief, benefiting nearly 4 million people globally. Of this, more than $5.5 million has been allocated to support education initiatives, including scholarships and grants. These efforts not only assist underprivileged students but also lay the groundwork for the long-term adoption of cryptocurrency. Whether in classrooms or disaster-stricken areas, Binance Charity is a vital part of our push for inclusive impact.
8. Education Without Borders: Binance Academy
Although our donations have reached vulnerable communities and students globally, we firmly believe that education should be accessible to everyone, regardless of background, experience, or geographical location.
It is this belief that led us to create Binance Academy. This is a free and open learning platform for everyone, allowing anyone, anywhere to access crypto education. Binance Academy supports 29 languages, ensuring that whether users are newcomers to the crypto field or experienced users looking to deepen their knowledge, they can find suitable content here.
To encourage learning, we have distributed over $12.8 million in rewards through the 'Learn and Earn' program, allowing users to learn while practicing, lowering the entry barrier, and helping more people understand the cryptocurrency world in a more intuitive way.
To date, over 64 million people have built their cryptocurrency knowledge system through Binance Academy. Through donations and education, Binance is committed to nurturing a more knowledgeable, diverse, and empowered global community.
Conclusion
Eight years of journey, eight sets of data, with the constant being our symbiotic coexistence with the community. These numbers record every transaction, storage, payment, and trust of global users amid cycles of change and waves of regulation. The future is here; let us continue to work hand in hand—building, growing, and embarking on a new journey together.
