Binance, a leading cryptocurrency exchange, has achieved a significant milestone by surpassing 200 million registered users globally. The announcement was made through the official X account of the centralized exchange.
Celebrating the achievement, Binance expressed gratitude to its community for their unwavering support in a recent post. The platform reached this remarkable milestone in just over two years, doubling its user base from 100 million to 200 million during this period.
Comparatively, this user base is nearly double that of 80-108 million users on the popular exchange, Coinbase. This growth has fueled optimism within the company for further expansion, especially with increasing adoption among institutional investors and clearer regulatory guidelines attracting more users to the platform.
CEO Richard Teng emphasized that Binance always prioritizes the needs of its growing user base. Operating as a user-centric platform, the exchange has consistently focused on meeting the requirements of its expanding community.
Overall, Binance’s exponential growth and commitment to its users highlight its position as a leading player in the cryptocurrency exchange market.
Tags: Binance