Binance reaches 200M users + $100B in assets under custody

Congratulations to Ever growingBinance Community & the Binance Team ..

Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users. 

In true celebratory fashion, Binance marked the occasion across its social media platforms by framing the 200 million user mark as a milestone on the company’s quest to onboard a billion, or one in every eight people on Earth.

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

a post from the Binance account on X.com mentioned as below 

“Today, we celebrate 200 million – and it's all because of YOU! Your support is the heartbeat of our journey to 1 billion users. Here's to the stars of our story – you!”

while the same time $BNB the Native Coin of Binance Manage to reach its ATH on 06th June 2024 with $BNB reaching $720 range ..

As recently as 2022, Binance only had approximately 130 million users. In 2023 the exchange added 40 million users to bring its total count to 170. In the time since, just six months into 2024, it’s already added at least 30 million more. This puts Binance on pace to reach 300 million users by 2026, assuming trends remain the same for both the company and the industry

Binance’s 200 million user milestone comes on the heels of another cryptocurrency industry record for the company. As Binance reached a total of $100 billion in user assets under custody. That averages out to about $500 worth of assets in custody per user.