CEO of Binance crypto exchange Changpeng Zhao announced that the platform has reached 150 million users.
Data: X.
He also recalled official launch of the Japanese divisionobtaining an operating license in Dubai and adding SEI and CYBER tokens to the farming pool.
In July 2022, the number of Binance exchange users reached 120 million – for the year the influx amounted to 30 million people.
According to Similarwebthe platform’s top five traffic sources over the past three months: Turkey, Vietnam, Russia, Argentina, and India.
According to The Block Research, in July 2023, Binance’s trading volume was almost half that of all centralized exchanges, at $209 billion out of a total of $489 billion.
Monthly trading volume of centralized crypto exchanges. Data: The Block.
Last month, the platform’s market share dropped slightly to 58%. According to preliminary data at the beginning of August, the values have already recovered to 64%.
Market share of non-US dollar centralized crypto exchanges. Data: The Block.
Previously, the WSJ reported that the volume of transactions concluded by traders from China on Binance in May 2023 reached $90 billion. The country accounted for about 20% of the total turnover of the exchange.
Recall that in August it became known that the US Department of Justice was preparing to file charges against the company for alleged fraud. However, the authorities fear a massive outflow of users.
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2023-08-03 14:43:38
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