Cryptocurrency exchange Binance has celebrated its eighth anniversary by reaching an impressive milestone of 280 million registered users. This success highlights the scale of growth and influence the platform has in the digital asset space.
Achievements of Binance Over 8 Years
Since its inception, Binance's total trading volume across spot and derivatives markets has exceeded $125 trillion. According to The Block, as of June 2025, the exchange holds over 41% of the spot cryptocurrency market. Approximately 217 million transactions, totaling more than $91 billion, are made daily on the platform.
Financial Metrics and Security
The Binance Pay service has processed 300 million transactions worth $230 billion. Since December 2022, Binance's risk management systems have prevented $10 billion in fraudulent transactions. The exchange has also helped recover or freeze over $215 million in stolen funds. Nearly 22% of the company's employees work in compliance and security.
Future of Binance and Cryptocurrency Landscape
Founded in 2017, Binance quickly established itself as a leader in the industry. Measures taken for security and compliance, such as the creation of the SAFU fund to protect user assets, demonstrate the company's commitment to safety and transparency.
Binance's journey from startup to global powerhouse is marked by innovation and security. The platform is poised for the next era of digital finance while continuing to invest in technology and user experience.
