- Almost one in every 28 individuals on the planet is now registered on Binance.
- Approximately one million new users sign up for the platform each week, which reflects the growing popularity of digital assets.
Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world in terms of both user base and trading volume, is commemorating eight years of growth. This significant achievement demonstrates the combined influence of a worldwide community that is working to mainstream cryptocurrency and shape the direction of digital finance.
Almost one in every 28 individuals on the planet is now registered on Binance, which began as a cryptocurrency-to-crypto exchange in 2017 and has since expanded to a community of over 280 million members in more than 100 countries. Approximately one million new users sign up for the platform each week, which reflects the growing popularity of digital assets. With services ranging from cutting-edge financial tools and payments to education, research, social impact projects, and Web3 experiences, Binance now enables individuals to explore, trade, learn, and connect.
“Eight years ago, we set out with a vision: to make crypto a fundamental way for people to increase their financial freedom — to access, spend, own, store, and earn their own money. Today, more than 280 million people have made it part of their lives, with Binance as their trusted guide. We’re grateful for that trust. As adoption grows, our mission remains clear: always placing users at the heart of every decision and building secure, accessible tools that empower everyone to participate in this new era of finance.”
Millions of people depend on Binance every day because it provides the deepest liquidity in the market, a wide choice of goods, and strong security measures. Users of Binance have exchanged $125 trillion worth of digital assets on both the spot and derivatives markets over the last eight years. Binance handles around 217 million spot and futures trades per day, with an average trading volume of over $91 billion. The Block reports that as of June 2025, the platform has over 41% of the worldwide cryptocurrency spot trading market, highlighting its position as the go-to location for both institutional and retail traders.
In addition to trading, Binance has developed into a crucial platform for payments, education, and savings.
- Users have received $50 billion in profits and savings with Binance Earn since its introduction.
- With 300 million transactions totaling $230 billion, Binance Pay provides a quicker and more affordable option than conventional payment methods.
- Binance Pay saved consumers $1.75 billion in remittance costs between 2022 and 2024 alone, demonstrating how cryptocurrency may enhance life in underdeveloped areas.
- Through Binance Academy, more than 64 million users have increased their understanding of cryptocurrency.
The expansion of Binance has been based on security and compliance. Over $215 million in stolen funds have been recovered or blocked since December 2022, and $10 billion in fraud damages have been avoided thanks to Binance’s risk procedures. In order to assist international authorities in combating crime via blockchain transparency, the business has provided over 400 training sessions and addressed 241,000 inquiries from law enforcement. Nearly 22% of Binance’s employees now work in compliance-related positions, and by 2025, compliance expenditure is expected to rise 33% annually.
Binance is increasing access to digital assets and influencing how the world interacts with this new era of finance via its steadily rising institutional user base and ongoing product innovation, which ranges from Binance Wallet and Binance Alpha to Launchpool and Megadrop.
Binance keeps empowering the next generation of cryptocurrency users as the digital asset market develops. Eight is more than simply a number to Binance; it represents a persistent dedication to expansion, creativity, and creating a financial system that benefits everyone.
Source: https://thenewscrypto.com/binance-marks-8-year-milestone-with-280m-users-and-global-crypto-leadership/