On June 8, the number of users registered on the leading cryptocurrency exchange in terms of trading volume, Binance, exceeded 200 million.
Binance independently keeps track of the number of clients, so not everyone trusts the data provided. However, if company representatives are telling the truth, then every third person who owns digital assets has created an account on this trading platform. However, the management of the exchange does not want to stop there and aims to reach the level of 1 billion users. If successful, the company will provide services to every eighth inhabitant of the planet.
Counter of the number of users on the Binance exchange
In 2023, the number of Binance clients increased by 31% to 170 million, and in 2024 this figure has already grown by 18%. If the growth rate of the number of traders does not change, then by 2026 300 million people will use the exchange’s services.
But breaking the milestone of 200 million accounts was not the only achievement of Binance this year. In March, the former head of the trading platform, Changpeng Zhao, reported that the value of assets on the company’s balance sheet exceeded $100 billion. Zhao admitted that one of the reasons for the rapid increase in the amount of funds was the rise in the value of many cryptocurrencies, so the value of assets stored in Binance accounts increased not only due to capital inflows.
BNB/USDT 679.3
