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Binance celebrates landmark achievement: 200 million registered users worldwide

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Binance celebrates landmark achievement: 200 million registered users worldwide

Binance, the world's leading cryptocurrency exchange, is thrilled to announce a monumental achievement: surpassing 200 million registered users globally. This milestone is a testament to the enduring trust and loyalty that users place in Binance and highlights the positive and optimistic momentum of global cryptocurrency adoption.

Statement from Richard Teng, CEO of Binance:

"We are deeply honoured and humbled to have welcomed 200 million registered users and counting on Binance. This achievement is an embodiment of the trust that the crypto community and industry players continue to have in the Binance ecosystem. We do not take this trust lightly - as a user-focused platform, we remain committed to prioritising and catering to the needs of our ever-growing user base."

"This milestone isn't merely a triumph for Binance. It's also a sign of robust growth and maturity for the broader crypto sector. The swift growth Binance experienced from 100 million to 200 million users in just 2 years and 2 months, despite challenging market conditions, signals an industry-wide shift. It reflects a transition from 'early adopters' of crypto to the 'early majority,' indicating that more and more of the global population are warming up to crypto and its limitless possibilities."

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"Moving forward, our focus at Binance remains on spearheading initiatives that promote financial inclusion and innovation. As the industry gears up to our common goal of attracting 1 billion users, Binance’s steadfast dedication to fostering sustainable growth within the crypto space becomes more resolute. This industry evolution is a thrilling journey, and we are grateful to be leading the way."

Key Binance Statistics:

  • Global Registered Users: Over 200 million.
  • Year-to-Date User Growth: Binance has gained over 30 million users.
  • User Growth Since December 2023: Binance has grown from 170 million users in December 2023 to over 200 million users.
  • Daily User Addition: On average, Binance adds 150,000 new users each day.

This remarkable achievement underscores Binance's commitment to driving the adoption and integration of cryptocurrency across the globe. As we continue to innovate and expand our services, we look forward to welcoming even more users to the Binance community and contributing to the broader growth of the cryptocurrency industry.

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Customer Assets:

  • Our customer assets, which are publicly available and disclosed through our Proof of Reserves, have increased by US$42 billion year-to-date.
  • This growth means that we now hold double the assets of our next largest competitor.

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