Binance reaches 200M users with $100B in assets under custody

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Cryptocurrency exchange Binance reached 200 million global users.

Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users.

To the best of our knowledge, no other exchange can boast near as many users. However, it bears mention that these figures are self-reported. In true celebratory fashion, Binance marked the occasion across its social media platforms by framing the 200 million user mark as a milestone on the company’s quest to onboard a billion, or one in every eight people on Earth.“Today, we celebrate 200 million – and it's all because of YOU! Your support is the heartbeat of our journey to 1 billion users. Here's to the stars of our story – you!”40 million users to bring its total count to 170.

Binance’s 200 million user milestone comes on the heels of another cryptocurrency industry record for the company. As Cointelegraph reported back in March, Binance reached a total ofThe company’s legal woes are also largely in the rearview. With founder and former CEO Changpeng “CZ” Zhao currentlyCrypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

 

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