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Binance, the world’s largest crypto exchange by trading volume, marks its 8th anniversary by reflecting on a transformative journey that has redefined virtual digital finance at a global scale. Since its founding in 2017, Binance has evolved from a visionary startup into a financial technology giant, serving over 280 million users across the globe. With nearly 80 million new users onboarded in the past year alone, Binance’s impact extends beyond trading to security, payments, compliance, education, and global inclusion.
Since its inception, Binance users have traded over $125 trillion in combined spot and futures transactions, a figure that surpasses the world’s combined GDP by 13%. With a daily average of 217 million trades and the ability to handle up to 4.5 million system requests per second, Binance continues to operate as one of the most robust and scalable infrastructures in the industry. The platform currently offers 1,573 trading pairs, providing users with access to everything from blue-chip tokens to emerging altcoins.
Binance has consistently prioritized security. Between December 2022 and May 2025, Binance's risk and security teams saved approximately $10 billion in potential fraud losses, thereby protecting 7.5 million members via real-time detection and recovery procedures. The company's proactive work with global law enforcement, which includes addressing over 240,000 official inquiries and conducting over 400 training sessions, emphasizes its commitment to create a safer crypto ecosystem for everybody.
Beyond trading, Binance has assisted customers in increasing their wealth through Binance Earn, where they have earned and saved over $50 billion through flexible savings, staking, and auto-investing capabilities. Between 2022 and 2024, Binance Pay completed $230 billion in more than 300 million transactions, saving consumers $1.75 billion in remittance fees and enabling rapid payments for individuals, freelancers, and businesses globally.
Meanwhile, Binance Wallet has grown into a powerful instrument for DeFi participation, with over 20 million users using self-custody and decentralized applications. Eligible Binance Alpha users earned an average of $2,569 in airdrops and $1,651 in token generation events between February and May 2025. This demonstrates the company's emphasis on creating concrete value through innovation that benefits the community.
Binance is ramping up its compliance efforts, and in 2025, compliance spending is expected to increase by more than 30% compared to 2024. Today, 1,270 team members, or more than 21.8% of Binance's entire staff, focus on compliance, legal, and policy functions. These investments highlight Binance's position as one of the world's most regulated exchanges, as well as its unwavering dedication to compliance and accountability.
Social impact also remains central to Binance’s mission. Binance Charity has donated over $40 million to global causes, reaching nearly 4 million people, including $5.5 million specifically toward education-focused initiatives. The company’s free education platform, Binance Academy, has educated more than 64 million people in 29 languages, lowering the barrier to crypto literacy. The Learn & Earn program alone has distributed $12.8 million in rewards to help new users engage meaningfully with blockchain technology.
“In the traditional corporate world, eight years may seem like a blink but in the crypto space, it’s a lifetime. Every number we share today represents real people, users who have placed their trust in us to build, trade, save, and grow. We are deeply grateful to our community, our teams, and our partners for being part of this journey.” said Richard Teng, CEO, Binance
This people-first approach also inspires Binance’s product innovations, such as the launch of Binance UI Refined, an AI-powered, customizable homepage and the continued success of Launchpool, Megadrop, and Binance Alpha.
Institutional adoption is also rising, with Binance’s institutional user base growing by 97% in 2024. As the lines between TradFi and crypto continue to blur, Binance is uniquely positioned to lead with deep liquidity, regulatory readiness, and tailored solutions for both individuals and institutions.
“As Binance turns eight, the journey is defined not just by numbers but by the trust of its global community. With your trust and support, we are unstoppable. We will keep working tirelessly to earn that trust every day by delivering more value, more security, more opportunity, and above all, more freedom” said Kushal Manupati, Regional Growth and Ops Lead of South Asia, Binance.
