Binance, the world’s largest cryptocurrency exchange, announced on June 8 that its global user base has surpassed the 200 million mark.
Currently, no other exchange can match its user numbers, but it should be noted that these figures are self-reported by Binance.
To mark the achievement, Binance celebrated on social media, framing the milestone as an important step toward its goal of one billion users.
Binance’s official account on X.com posted: “Today, we celebrate reaching 200 million users - and it’s all because of you! Your support is our driving force towards 1 billion users. Salute to the protagonist of our story - you!”
From approximately 130 million users in 2022 to 170 million users in 2023, and then to 200 million users in the first half of 2024, Binance's user growth rate is remarkable.
According to Triple-A research, the global installed base of cryptocurrency users reached 562 million in 2024, which means that Binance users account for about 36% of the total number of cryptocurrency users worldwide. $BNB
In addition, Binance set another industry record in March, with its total user assets under custody reaching $100 billion, with an average of approximately $500 per user.
Although the company’s founder and former CEO Changpeng Zhao (CZ) is currently serving a prison sentence, Binance does not seem to be affected too much.
Meanwhile, Zhao Changpeng has apologized for his past actions and is serving his sentence at a minimum-security facility in California. Despite the legal challenges, Binance has maintained its strong growth momentum and continues to be a leader in the cryptocurrency industry. #币安用户数 #赵长鹏 #加密货币交易所
Conclusion:
Binance's achievement of 200 million users highlights its leading position in the global cryptocurrency trading field and reflects the huge potential and increasing popularity of the cryptocurrency market. With the continuous innovation of technology and the increasingly mature market environment, cryptocurrency is gradually integrating into the global financial system and becoming an important part of it.
Despite legal and regulatory challenges, Binance has continued to grow strongly and set industry records, which shows that the appeal and importance of cryptocurrency trading and asset custody services continue to grow, indicating that they will play an even more critical role in the global economy.
With the continuous joining of new users and the continuous inflow of assets, we have reason to believe that Binance and the cryptocurrency industry it represents will usher in more extensive innovation and achieve deeper financial inclusion. This will not only bring more opportunities to global users, but will also drive the entire industry towards a more open, diverse and sustainable direction.