2024 marked a notable year for the crypto industry, with Binance leading the market expansion efforts.
2024 Achievements
Binance disclosed it exceeded $160 billion in user assets under custody for the first time in 2024, with expansions into 20 new countries. The platform saw a 47% growth in registered users, reaching over 250 million with a 50 million increase in six months. Binance Pay saw a 226% rise in active users, while Binance Academy grew its learners to 44 million, representing a 63% growth.
New Products and Enhanced Security
Binance topped its payment methods and supported fiat currencies to over 1000 and 125 respectively. The average daily trading volume rose 27%, while margin trading volume skyrocketed by more than 290%. The platform helped prevent $4.2 billion in potential losses for 2.8 million users and recovered $88 million in previously stolen assets.
Conclusion
2024 was marked by significant achievements for Binance, including expanding the user base and enhancing security, underlining the company's deep commitment to the crypto community.
2024 was marked by significant achievements for Binance, including expanding the user base and enhancing security, underlining the company's deep commitment to the crypto community.
