#TradeStories
Binance is ranked highly across various categories:
- Global Ranking: Binance is considered the world's top cryptocurrency exchange, dominating the market with significant trading volume and user activity.
- Trading Volume: Binance consistently ranks first in trading volume, often surpassing $20 billion in 24-hour trading volume, thanks to its extensive range of digital assets, low transaction fees, and high liquidity.
- Liquidity: Binance topped the Q2 2024 liquidity rankings among 43 exchanges, outperforming competitors like Bybit and Coinbase due to its massive trading volume and market depth.
- Safety: Binance is considered one of the safest exchanges, with 78% of respondents in a survey trusting Binance and Coinbase for their security measures.
- Innovation: Binance ranked first in the Blockchain and Crypto category in Fortune Asia's 2024 Asia FinTech Innovators list, recognizing its role as a pioneer in the digital asset landscape.
- User Trust: Over half of respondents in a CryptoQuant survey attributed most of their profits to Binance, and 32% believed Binance has the highest compliance standards.
- Global Presence: Binance serves over 15 million users worldwide, operates in over 40 countries, and is based in over 180 countries and regions .
