Binance CEO Richard Teng discussed the strategy to achieve the goal of 1 billion users at Binance Square (celebrating the one-year anniversary of Binance CEO) AMA. Currently, Binance has approximately 242 million users. Teng pointed out that to reach the goal of 1 billion users, it is necessary to strengthen the education and adoption of cryptocurrency.
First, Binance will focus on increasing the accessibility of education, creating more content, and promoting knowledge sharing. Secondly, enhancing the transparency and coordination of jurisdictions in various countries is also key. Finally, Binance will continue to develop user-friendly and more intuitive products. Teng emphasized that Binance will continue to invest in market training and strive to create better user interfaces and user experiences (UI/UX), while constantly listening to user feedback. These initiatives will help Binance promote the widespread adoption of cryptocurrency globally and achieve its user growth objectives.