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Binance reaches 250 million users and $100 trillion in trade
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Binance published a new report with company numbers in 2024. The platform now has more than 250 million registered usersa growth of 50 million in the last six months alone.
Furthermore, your accumulated trading volume reached the historic mark of $100 trillionconsolidating its position as a leader in the cryptocurrency market.
According to the report, in 2024, the exchange also avoided potential losses of US$4.2 billion and recovered US$88 million of malicious activities.
With a compliance team made up of 650 experts, the platform obtained authorizations in 21 jurisdictions and worked collaboratively with global authorities, responding to more than 65 thousand requests and training 1,300 researchers in 80 countries.
Binance Report
Growth in the payments and decentralized finance (DeFi) sector has also drawn attention. THE Binance Pay had an increase of 226% in its user base, while fiat-to-crypto services have expanded to 20 new countries.
In the field of DeFi, Binance Earn has become more accessible and increased in value by 144%demonstrating the company’s commitment to democratizing digital finance.
In 2024, the Binance Academy educated 44 million usershelping them understand the dynamic world of cryptocurrencies. The platform also prioritized social impact through initiatives such as Binance Charitywhich provided US$6.9 million in assistance to 72 thousand people affected by disasters.
Despite the milestones, not everything was positive. The BNB token remained stagnant between US$700 and US$750frustrating investors. Additionally, Binance faced legal challenges, including a fine of US$4 billion SEC, and has been banned in several European countries, raising questions about its future in the region.
Another important milestone for Binance in Brazil took place at the beginning of 2025. As reported by Todaysgist, on January 2, Binance announced that it had received authorization from the Central Bank of Brazil (BC) to acquisition of brokerage Sim;paul Investimentos.
With this authorization, Binance becomes the first cryptocurrency platform to get a securities broker license in Brazil, marking a significant milestone in its operation in the country.
Binance reaches 250 million users and $100 trillion in trade
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Binance reaches 250 million users and $100 trillion in trade
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Binance reaches 250 million users and $100 trillion in trade