Learn about the latest developments in the cryptocurrency market.
In just 2 years, #Binance has attracted 2 billion users and doubled its user base.
CEO Richard Tan is grateful to the community members for their support over the years.
Binance's user base is much larger than other major exchanges such as #Coinbase and Bybit.
Binance, the largest #cryptocurrency exchange by trading volume, recently reached the 2 billion user mark, doubling its user base in just 2 years. The exchange thanked members of the community and celebrated the achievement in a recent post from X.
On the cusp of success, Binance said the platform will continue to strive for the 10 billion user mark, "Your support is the key to reaching 10 billion users.
Today, we're honoring 200 million people - and it's all thanks to you!
Your support is the foundation of our progression to 10 billion users.
The journey of cryptocurrency exchanges has been like a roller coaster in recent years due to regulatory uncertainty and legal issues. SEC and CFTC lawsuits against the company, as well as the departure and subsequent imprisonment of former CEO Changpeng Zhao, have been the major crises Binance has faced during this period. However, amidst this turmoil, Binance has gained the support of a large number of users. This demonstrates the platform's leading role in the cryptocurrency space.
Richard Tan, CEO of Binance, took part in the celebration by conveying his wishes to the users. He recognized that the successful journey is a result of the community's support. Read his message,
We have reached 200 million Binance users! This milestone would not have been possible without you - our incredible community. Thank you from the bottom of my heart. The journey to 10 billion users continues. Let's keep building together.
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