Founded in 2017, Binance is celebrating its eighth anniversary, achieving the status of the world's largest crypto exchange. With over 300 million users and impressive trading volumes, it stands out in the industry.
User and Trading Volume Growth
Daily trading volume on Binance currently averages $91 billion. In the past year, the user base has grown by over 100 million, indicating a significant rise in interest toward digital assets.
Turning Point with Bitcoin ETF
The approval of the first spot Bitcoin ETF has been a crucial factor in the successful adaptation of the crypto industry. This event attracted institutional investors, including government funds and major family offices, creating new opportunities for involvement in the crypto market.
Regulation and Innovation in the Crypto Industry
Binance's CEO Richard Teng highlighted that regulation should not hinder progress. He compared the current scenario to the early years of the internet, emphasizing the need for a balance between supporting innovation and protecting consumers.
The eighth anniversary of Binance symbolizes not only the success of the project but also the maturity of the entire crypto market. The company's future is tied to further innovations and adaptation to evolving regulations.