The head of Binance talked about the exchange's achievements on the eve of its seventh anniversary
According to him, the key "milestone" of Binance this year was reaching the mark of 210 million users. Although some of the clients are experienced traders, many of them have only recently joined the world of cryptoassets, Teng emphasized.
The head of the exchange assures that the Binance team is making efforts to ensure the "comfort and safety" of each user. There are 541 digital assets and 2,632 trading pairs available to customers, and the record number of requests per second (QPS) for Binance products exceeds 2.58 million, Teng said.
The company's CEO also pointed to the fact that at the beginning of 2024, the total value of user-designated assets on the exchange's balance sheet exceeded $100 billion. Richard Teng reiterated the safe custody of client funds and their full provision in the ratio of 1:1.
