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Reading: Binance is now 8 years old with $125 trillion in trading volume and 280 million users
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The cryptonews hub > Blog > Trending News > Binance is now 8 years old with $125 trillion in trading volume and 280 million users
Trending News

Binance is now 8 years old with $125 trillion in trading volume and 280 million users

Crypto Team
Last updated: July 15, 2025 1:43 am
Crypto Team
Published: July 15, 2025
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wp header logo 507 Binance is now 8 years old with $125 trillion in trading volume and 280 million users

He said the exchange has handled an average of 217 million spot and futures trades daily this year. In addition, the platform currently commands 41% of the global spot trading market and boasts a 95% share of the decentralized wallet segment with built-in trading features.

Beyond trading, Binance has expanded its reach into savings, payments, and financial access.

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Teng noted that Binance Earn has generated $50 billion in user returns since launch, while Binance Pay has processed $230 billion across 300 million transactions. From 2022 to 2024, the platform also helped users save $1.75 billion in remittance fees.

He noted:

“Each number reflects real people gaining financial freedom, achieving financial independence, and overcoming the barriers to financial inclusion.”

The Binance CEO also pointed out that the platform’s user base continues to grow rapidly.

The exchange recently launched new offerings like Fund Accounts and Binance Wealth to meet these sophisticated users’ evolving needs. Last week, it introduced Institutional Loans, a product that offers up to 4x leverage for verified corporate clients by pooling balances across up to ten sub-accounts.

Meanwhile, retail adoption of the platform remains strong, thanks to the introduction of several innovative products like Binance Alpha, Launchpool, and Pump.Fun-like bonding curve mechanism.

Teng stressed that the firm is investing heavily in its compliance efforts globally, with spending in the sector expected to be 30% higher than last year’s.

This is particularly necessary considering the platform has faced several legal challenges and regulatory scrutiny across multiple jurisdictions over the past years.

source

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