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Binance Celebrates 7th Anniversary and 200 Million Users

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by Giorgi Kostiuk

a year ago


Binance, the leading cryptocurrency exchange globally, commemorates its seventh year in operation, signifying the growth and evolution of the digital asset sector. With a substantial user base exceeding 200 million, Binance has initiated the 'Be Binance' campaign to mark this significant milestone. Rachel Conlan, the chief marketing officer at Binance, highlighted that the campaign is designed to honor and incentivize the loyalty of the exchange's customers. The focus lies on rewarding users who have been integral to Binance's success over the years. Binance stands out as the largest cryptocurrency exchange worldwide, boasting a daily trading volume that surpasses $25.3 billion, a figure notably higher than its closest competitor, Coinbase. This dominance is evident in the crypto market, as depicted by CoinMarketCap data.

Despite already surpassing the 200 million user mark, Binance's CMO, Rachel Conlan, foresees immense growth potential ahead. Conlan emphasized the importance of education in attracting a broader audience and fostering mainstream adoption. She believes that both the industry and Binance's user base have substantial room for expansion, given the current numbers. Noteworthy is the rapid acquisition of over 30 million new users in the first half of 2024, indicating a significant surge in interest and participation.

Looking forward, Binance aims to continue expanding its user base and promoting education about digital assets globally. The vision of enrolling the first billion Web3 users is now within reach, thanks to the ongoing efforts and advancements in the industry.

The engaging 'Be Binance' campaign extends across 19 countries, offering users various activities such as meet-ups, virtual events, and social media contests. Special giveaways through platforms like Binance Square provide users with the opportunity to win Binance's BNB token and exclusive merchandise. Celebratory events are scheduled in multiple countries to engage with the community directly and enhance the user experience. Education will remain a focal point for Binance, as they seek to enlighten individuals worldwide about the benefits of digital assets and the practical applications of cryptocurrency.

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