📊Binance active users reach 200 million
Binance grew to more than 30 million active users in early 2024, despite legal issues.
🚨Binance active users will achieve significant growth in 2024
Binance's number of active users increased by more than 30 million in the first half of the year, highlighting the platform's resilience and continued user confidence amid ongoing turbulence in the cryptocurrency market.
🚨Increasing the number of users from 100 million to 200 million on Binance took two years and two months. According to Binance CEO Richard Teng, the company is committed to prioritizing the needs of its expanding user base as it is a user-centric platform.
🚨Binance will face numerous challenges throughout 2023, including lawsuits from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Despite these challenges, the exchange has made significant progress in compliance and regulation.