#Binance250Million
Binance has solidified its position as the leading cryptocurrency exchange in 2024, achieving significant milestones:
User Deposits: The platform reported $21.6 billion in user fund deposits, surpassing the combined total of the next ten largest exchanges by 36%.
User Base Expansion: Binance's global user base has grown to nearly 250 million, reflecting increased adoption of digital assets.
Institutional Investment: The average Bitcoin deposit on exchanges increased from 0.36 BTC in 2023 to 1.65 BTC in 2024, indicating a rise in institutional participation.
Lifetime Trading Volume: Binance became the first centralized crypto exchange to surpass $100 trillion in lifetime trading volumes, showcasing its market dominance.
These achievements underscore Binance's pivotal role in the evolving cryptocurrency landscape.