Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: Sophie Robert on August 03, 2023, 03:35:02 PM

Title: Binance Hits 150 Million Users on Low Fees and Crypto Variety!
Post by: Sophie Robert on August 03, 2023, 03:35:02 PM
Binance, the world’s largest cryptocurrency exchange, has announced that it now has over 150 million registered users. According to a tweet by its CEO, CZ This marks a jump of 30 million users since last year, when Binance reported 120 million registered users in July 2021.

The top five traffic sources for Binance in the last three months are Turkey, Vietnam, Russia, Argentina, and India, according to the web analytics platform Similarweb. Binance’s popularity is attributed to its low trading fees and the variety of cryptocurrencies offered. The milestone underscores the continual growth of the cryptocurrency industry and its rising mainstream adoption.

Source - https://coinmarketcap.com/community/articles/64cb96bac50e121b95ec8a3e/ (https://coinmarketcap.com/community/articles/64cb96bac50e121b95ec8a3e/)

Binance in Japan
This milestone follows the official launch of Binance in Japan on Tuesday. The licensed local cryptocurrency exchange service provider, previously known as SAKURA Exchange BitCoin, Inc. (SEBC), which Binance acquired in November 2022, has completed a business name transformation and is now known as Binance Japan Inc.

Binance users in Japan can access 34 tokens for spot trading, including BTC, ETH, BNB, DOGE, DOT, ENJ, ETC, LINK and more. 
Official announcement - https://twitter.com/cz_binance/status/1687061963094814720 (https://twitter.com/cz_binance/status/1687061963094814720)

Quote
In brief -

  • Binance has hit 150 million users, the exchange’s CEO Changpeng Zhao revealed in a tweet today.
  • This comes after the world’s largest cryptocurrency exchange officially launched in Japan earlier this week.
  • Binance has also become the first crypto exchange to secure an Operational MVP License in Dubai.