#BinanceTurns8 Binance officially turned 8 years old on July 7, 2025, marking a major milestone since its launch in July 2017 .
The platform now boasts 280 million users (roughly 1 in every 28 people on Earth) and has accumulated over $125 trillion in trading volume since inception .
On average, Binance supports about 217 million spot and futures trades daily, capturing approximately 41% of the global spot trading market .
💥 Highlights from the celebration
1. Major global campaign:
Binance launched a “Binance Turns 8” global festival from July 8–15, featuring community events, gamified challenges (like the “Crypto Meteor Shower”), and substantial giveaways .
2. **$2.88 million reward pool**:
A token bounty totaling $2.88 million included 888,888 BNB distributed via quests, draws, and engagement challenges .
3. **“Finding Koi” event update**:
The “Binance 8th Anniversary: Finding Koi” community raffle awarded 8 ETH, 88 BNB, 888 USDT—and even an “exclusive wish” voucher worth up to $8,888 .
4. Social media promotions:
Throughout the week, users could unlock vouchers (USDC and BNB) by completing tasks—liking posts, tagging with #BinanceTurns8, etc. .
📈 Growing impact & adoption
Binance Earn has generated $50 billion in returns for users, while Binance Pay processed $230 billion across about 300 million transactions .
The platform has saved users $1.75 billion in remittance fees from 2022 to 2024 .
Over the past year, Binance added roughly 80 million new retail users, driving total registrations to 280 million .
🔐 Security & compliance focus
Its systems blocked about $10 billion in potential fraud between Dec 2022 and May 2025 .
Compliance spending is expected to increase by over 30% in 2025 compared to 2024 .
Binance has responded to 240,000+ law enforcement requests and conducted over 400 training