Binance, the largest cryptocurrency exchange by trading volume, has reached an important milestone of 280 million users. CEO Richard Teng highlighted the significance of the community in the platform's development.
Importance of Users for Binance
Richard Teng noted that Binance's strength is defined by its users. Feedback from clients has played a key role in shaping the direction of the exchange throughout its eight-year existence.
Supporting Active Engagement
Teng emphasized that Binance is not just a platform for cryptocurrency transactions. Each user has their own unique story, allowing the exchange to occupy a significant position on the global stage. His phrase '280 million users | 280 million stories' demonstrates respect for community feedback.
System Development and Security
Binance plans to discontinue support for the Neo Legacy Network from mid-October and introduce new trading pairs. Additionally, the exchange collaborates with TRM Labs and is a founding member of the Beacon network to enhance user security.
The achievement of 280 million users signifies Binance's strong growth and the company's commitment to openness and security for its community.