New, inexperienced users risk losing all their capital, while affiliates profit from the transactions made by their referrals. Of the 45% who joined the platform, many were likely lured by referral links containing false promises of high profits.

"This is an impressive statistic, but it would be interesting to better understand the specific factors that led to this increase in 2024. Was it the growth of financial education, the popularization of crypto-related technologies, or the impact of global events? Furthermore, how is Binance directly contributing to attracting new users and ensuring that they have a safe experience in the crypto market?"

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