Cryptocurrency investors are gradually regaining their trust in the largest exchange, Binance, despite its commitment to pay a significant fine to US authorities two months ago.

According to DefiLlama data, since reaching an agreement with US authorities in November, the net inflow of funds to Binance has amounted to an impressive $4.6 billion. This figure significantly surpasses the inflow of assets on competitive platforms OKX and Bybit for the same period.

In January of the current year alone, the cryptocurrency exchange managed to attract $3.5 billion, exceeding any month since November 2022.

Binance share in cryptocurrency spot trading stabilized in December after nine months of decline, and the price of the Binance Coin token increased by 30% since November 21. Essentially, Binance has capitalized on the market recovery and the rise in Bitcoin prices, which reached nearly 160%.

The new head of the exchange, Richard Teng, is actively working on meeting the requirements of US financial regulators. He is tasked with creating a global headquarters, appointing a board of directors, and an independent observer for a term of three years. Nevertheless, Binance still lacks full licenses in major cryptocurrency hubs such as Singapore, Dubai, and Hong Kong, and continues to dispute with the US Securities and Exchange Commission (SEC).

Despite the resignation of the CEO and legal challenges in the US, Changpeng Zhao, according to Bloomberg Billionaires Index, increased his fortune by $25 billion in 2023, reaching $37.2 billion.