#Binance, the world's largest cryptocurrency exchange, has reached an impressive milestone by surpassing 200 million registered users. This achievement was announced on June 8, 2024, almost seven years after the platform was launched.
Binance CEO Richard Teng commented that this success not only reflects the growth of Binance, but also the rapid increase in the adoption of cryptocurrencies and Web3 technologies globally2. Furthermore, if Binance were a country, it would be among the ten most populous in the world, surpassing nations like Bangladesh, Russia, and Mexico.
This achievement comes less than three months after Binance surpassed $100 billion in assets under custody. It is also noted that Binance leads in terms of liquidity among centralized exchanges, with an average trading volume that amounts to $773 billion, significantly higher than other competitors.
It is fascinating to see how cryptocurrencies and blockchain technology continue to transform the financial world and how platforms like Binance are at the forefront of this revolution. And how long do you spend on the platform #binance.