Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: Guru on January 15, 2018, 11:30:15 AM
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Binance.com is adding “a couple of million” registered users every week, with 240,000 people signing up in just an hour on Wednesday, Chief Executive Officer Zhao Changpeng said in an interview with Bloomberg Television. Demand is so high that the company is limiting new customers, he said, though Binance may fully reopen in the coming weeks.
“We did not expect this kind of growth to be honest,” Zhao said from Tokyo on Thursday.
Binance was the world’s most active crypto exchange over the past 24 hours, according to Coinmarketcap.com, hosting $6.1 billion worth of digital currency trades. The most popular asset was Tron, which accounted for 12 percent of volume.
Zhao said his average customer was male and aged 25-35, though Binance is “beginning to get a lot of interest from institutional investors.”
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Binance deserves the attention and the money it gets.. it improved on what Bittrex was doing very badly, yet still has a long way to go.. next step would be adding some usable charts similar to tradingview into default charts and moving more to decentralized exchange, which is listed in their white paper.
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If they move to Malta I think their rate of growth will keep increase. A copuple of months ago some major exchanges have stopped registering new members –like Bittrex, Bitfinex, and CEX.io. Binance took advantage of this situation.