✅ Binance Active Users Reached 200 Million Mark
Binance active users achieved growth of more than 30 million in early 2024 despite legal challenges.
🔸Binance Active Users Achieve Major Growth in 2024
Binance active users increased by over 30 million in the first half of the year, highlighting the platform’s resilience and continued user trust amid ongoing turbulence in the cryptocurrency market.
The increase in users from 100 million to 200 million on Binance took two years and two months. According to Binance CEO Richard Teng, the company is dedicated to putting the demands of its expanding user base first because it is a user-centric platform.
Throughout 2023, Binance faces numerous difficulties, including lawsuits from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Despite these challenges, the exchange has made considerable strides in compliance and regulation. In 2024, Binance secured regulatory approvals from several countries, marking a significant step towards bolstering its global operations.
