Hassan Maishera
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and user base, is celebrating eight years of growth.
In a press release shared with Cryptowisser, Binance said this milestone reflects the collective impact of a global community that continues to advance crypto toward the mainstream and chart the future of digital finance.
Binance was launched in 2017 and has grown into a community of more than 280 million users across more than 100 countries. Today, nearly 1 in every 28 people on Earth is registered on Binance. Every week, about one million new users join the platform, reflecting the accelerating adoption of digital assets.
The cryptocurrency exchange empowers people to explore, trade, learn, and connect, offering everything from innovative financial tools and payments to education, research, social impact initiatives, and Web3 experiences.
While commenting on this milestone, the crypto exchange stated that,
“Eight years ago, we set out with a vision: to make crypto a fundamental way for people to increase their financial freedom, to access, spend, own, store, and earn their own money. Today, more than 280 million people have made it part of their lives, with Binance as their trusted guide. We’re grateful for that trust. As adoption grows, our mission remains clear: always placing users at the heart of every decision and building secure, accessible tools that empower everyone to participate in this new era of finance.”
Binance currently offers the deepest liquidity in the crypto industry, alongside a broad range of products and robust security measures that millions of users rely on every day. Over the past eight years, Binance users have traded $125 trillion worth of digital assets across spot and derivatives markets. With an average daily trading volume exceeding $91 billion, Binance processes approximately 217 million spot and futures trades per day.
As of June 2025, according to The Block, Binance holds more than 41% of the global crypto spot trading market share.
Beyond trading, Binance has become a crucial platform for savings, payments, and education in the crypto space. Since launch:
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$50 billion in earnings and savings have been delivered to users via Binance Earn.
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Binance Pay has processed $230 billion across 300 million transactions, offering a faster, more cost-effective alternative to traditional payments.
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Between 2022 and 2024 alone, Binance Pay saved users $1.75 billion in remittance fees, showcasing crypto’s potential to improve lives in economically underserved regions.
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Over 64 million people have built their crypto knowledge through Binance Academy.
The cryptocurrency exchange highlighted that security and compliance have been key to its growth. Since December 2022, Binance risk controls have prevented $10 billion in fraud losses, while over $215 million in stolen funds have been recovered or frozen. The company has responded to 241,000 law enforcement requests and conducted more than 400 training sessions to help global agencies fight crime using blockchain transparency. Currently, compliance-related roles account for nearly 22% of Binance’s workforce, and compliance spending is projected to increase 33% year-over-year in 2025.
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by almost 280 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features.
The crypto exchange is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.
