#BinanceTurns8
On July 9, 2025, Binance will complete its eighth year since its establishment in 2017, having transformed from a simple cryptocurrency trading platform into a comprehensive financial system serving over 280 million users in more than 100 countries, which equates to about one person in every 28 people worldwide.
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From a Simple Start to a Market Leader 🌍
It started as a cryptocurrency exchange specialized in trading between cryptocurrencies only, but quickly expanded to include trading in fiat currencies, derivatives, and financial services.
It achieved massive financial transactions, with cumulative trades reaching $125 trillion since its establishment, averaging over $91 billion in daily volume and more than 217 million transactions daily.
It now holds over 41% of the global market share in spot trading according to data from June 2025.
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Notable Achievements and Services
Project Achievement
Binance Earn Users earned up to $50 billion
Binance Pay Processed $230 billion through 300 million transactions, saving $1.75 billion in transfer fees (2022–2024)
Binance Academy Highly impactful academically, with over 64 million learners
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Security and Compliance
Since December 2022:
Binance prevented fraud attempts exceeding $10 billion
Assets worth $215 million were frozen or recovered
Handled 241,000 requests from law enforcement agencies
Organized over 400 global training sessions, and 22% of its employees work in compliance.