Cryptocurrency exchange Binance passed the 200 million users mark. The number of users on the platform doubled within two years. 

Binance Users Exceed 200M

Representatives of Binance reported that the number of users registered on the platform exceeded 200 million. Thanks to this achievement, Binance strengthened its status as the largest crypto platform in terms of user base. 

Binance users grew from 100 million to 200 million in about two years. In July 2022, the exchange had about 120 million registered users. By the end of 2023, the number of Binance users increased by 30%, reaching 170 million. If current trends continue, Binance may reach 300 million users by 2026. 

According to Triple-A, in 2024, the total number of cryptocurrency holders will grow by 142 million and reach 562 million. It turns out that more than a third of all holders of digital assets are already using Binance services. 

Since early 2024, the value of user assets placed on the accounts of crypto exchange Binance grew by almost 30%, exceeding $100 billion. In addition, the crypto exchange retains the status of the largest trading platform despite the overall decline in trading volume.

Author: Evgeny Tarasov
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