In the last 30 trading days, Binance has outpaced major global stock markets such as NASDAQ and NYSE in trading volumes, also reaching over 241.5 million registered users.
Binance's 30-Day Trading Volumes Exceed Major Markets
According to official reports, from October 7 to November 15, Binance's total trading volumes significantly outpaced those of NASDAQ and NYSE. The exchange's total volume, including spot and derivatives, was 10% higher than NASDAQ and double the New York Stock Exchange's volume. Binance also accounts for 50% of all CEX trading volumes globally.
Over 241 Million Users on Binance
Currently, over 241.56 million people are using Binance, indicating increasing trust in the platform and its offerings. On November 11, it was reported that Binance surpassed $132 billion in TVL, according to DeFi Llama data. Furthermore, on November 6, the platform saw over 13 million app visits in a single day, driven by the US election results.
Increasing Trust in Binance and the Crypto Industry
Binance's CEO Richard Teng emphasized the significance of ongoing developments, highlighting the crypto industry's march into a golden age. Binance's founder CZ also celebrated Bitcoin's new ATHs and the cryptocurrency industry's success. He noted that two years ago, BTC was at a low of $16,000, reminding everyone that Bitcoin was not finished and marking the current race towards $100,000 in 2024.
Binance continues to show remarkable achievements amid the crypto market's growth, drawing a significant number of users and maintaining its leading position among crypto exchanges.
