Press Release

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and user base, is celebrating eight years of growth. This milestone reflects the collective impact of a global community that continues to advance crypto toward the mainstream and chart the future of digital finance.

Starting as a crypto-to-crypto exchange in 2017, Binance has grown into a community of 280 million users across more than 100 countries – today, nearly 1 in every 28 people on Earth is registered on Binance. Every week, about one million new users join the platform, reflecting the accelerating adoption of digital assets.

Today, Binance empowers people to explore, trade, learn, and connect – offering everything from innovative financial tools and payments to education, research, social impact initiatives, and Web3 experiences.

“Eight years ago, we set out with a vision: to make crypto a fundamental way for people to increase their financial freedom – to access, spend, own, store, and earn their own money.

Today, 280 million people have made it part of their lives, with Binance as their trusted guide. We’re grateful for that trust.

As adoption grows, our mission remains clear: always placing users at the heart of every decision and  building secure, accessible tools that empower everyone to participate in this new era of finance.”

Today, Binance offers the deepest liquidity in the industry, alongside a broad range of products and robust security measures that millions of users rely on every day. Over the past eight years, Binance users have traded $125 trillion worth of digital assets across spot and derivatives markets. With an average daily trading volume exceeding $91 billion, Binance processes approximately 217 million spot and futures trades per day.

MILESTONE | #Binance Becomes the First Centralized Crypto Exchange to Surpass $100 Trillion in Trading Volume

The Binance platform now serves over 240 million users globallyhttps://t.co/aaDNSAlzTE @binance @_RichardTeng pic.twitter.com/2prJ1zlWgl

— BitKE (@BitcoinKE) November 22, 2024

As of June 2025, the platform holds more than 41% of global crypto spot trading market share, underscoring its role as the preferred venue for both retail and institutional participants.

[TECH] REPORT | Binance Spot Trading Volume Has Declined to 40% in 2023, Says Latest Report: Binance, the leading global cryptocurrency exchange, has experienced a decline in its market share in spot trading.. https://t.co/Jc3FNChLBX via @BitcoinKE

— Top Kenyan Blogs (@Blogs_Kenya) November 10, 2023

Beyond trading, Binance has become an essential platform for savings, payments, and education. Since launch:

  • $50 billion in earnings and savings have been delivered to users via Binance Earn.

  • Binance Pay has processed $230 billion across 300 million transactions, offering a faster, more cost-effective alternative to traditional payments.

  • Between 2022 and 2024 alone, Binance Pay saved users $1.75 billion in remittance fees, showcasing crypto’s potential to improve lives in economically underserved regions.

  • Over 64 million people have built their crypto knowledge through Binance Academy.

#BinanceBlockchainWeek |

“In one country, I will not say which one, they have atleast one #Binance account per family which they use to earn.” – @heyibinance, co-founder, @binance pic.twitter.com/LAm6tiH87n

— BitKE (@BitcoinKE) October 30, 2024

Security and compliance have been foundational to Binance’s growth. Since December 2022, Binance risk controls have prevented $10 billion in fraud losses, while over $215 million in stolen funds have been recovered or frozen. The company has responded to 241,000 law enforcement requests and conducted more than 400 training sessions to help global agencies fight crime using blockchain transparency.

REGULATION | Binance Reportedly Addressed Over 600 Information Requests from Nigerian Law Enforcement Agencies in the Last 4 Years

Between June 2020 and February 2024, #Binance reportedly addressed 626 information requests from Nigerian law enforcement agencies, with an… pic.twitter.com/NSsbLSUz6u

— BitKE (@BitcoinKE) March 30, 2024

Today, compliance-related roles account for nearly 22% of Binance’s workforce, and compliance spending is projected to increase 33% year-over-year in 2025.

Q & A | ‘Binance Hosted Over 100 Anti-Cybercrime Workshops in 2024 for Investigators Worldwide, Including Africa’ – Exclusive Chat with Deputy Head of Financial Crime Compliance at Binance

The Q&A provides insights into how #Binance handles and manages security for its over 250… pic.twitter.com/zfOcMOuJCk

— BitKE (@BitcoinKE) March 6, 2025

With a rapidly growing institutional user base and continued product innovation – from Binance Wallet and Binance Alpha to  Launchpool and Megadrop – Binance is expanding access to digital assets and shaping how the world engages with this new era of finance.

As the digital-asset industry matures, Binance continues to empower the next generation of crypto adopters. For Binance, eight is more than just a number – it symbolizes an enduring commitment to growth, innovation, and building a financial system that works for everyone.

STATISTICS | Gen Z Powers 54% of Our Users in #Africa, Reveals #Binance @binance is sharing exclusive data that reveals just how deeply Gen Z is involved in crypto.https://t.co/1tOxSD9b3y @BinanceAfrica pic.twitter.com/RSccPqfM2r

— BitKE (@BitcoinKE) June 20, 2025

 

 

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