The year 2024 was transformative for the cryptocurrency market. Binance, as a major cryptocurrency exchange, highlighted its key achievements in innovation and growth in its year-end report.
Over 250 Million Users
Binance reached a significant milestone by onboarding over 250 million users, reflecting a growing interest in crypto and blockchain adoption. Within six months after reaching the 200 million mark in June 2024, the platform added another 50 million users.
Doubling Institutional Users
Binance doubled its VIP user base, indicating a surge in institutional participation. Binance has become the main gateway for institutions interested in crypto and blockchain through features like Binance Wealth and upgraded Banking Triparty services.
Setting Compliance and Security Standards
In 2024, Binance invested heavily in strengthening compliance and security, expanding its compliance team to 650 experts and securing regulatory authorizations in 21 jurisdictions globally.
The year 2024 was transformative for Binance and the cryptocurrency industry overall, marking impressive milestones that lay a strong foundation for continued innovation and growth in 2025.
