While American companies hope to benefit from an advantageous regulatory framework with the new administration, Binance is securing its empire. 250 million users, global impact and active presence in society: discover how Changpeng Zhao's platform ruled crypto in 2024.
Binance looks back at the year 2024 in figures
As the year 2025 gets off to a flying start for the crypto industry, Binance takes stock of the year 2024. Most of the reports published in recent days talk about the future with a crypto-friendly White House.
These reports are mainly focused on the United States, and that is normal: American companies have suffered over the last 4 years.
Today, they hope to finally prosper, attract customers and capital, and for that they speak astronomical amounts that will flow in the coming yearsif everything goes as planned.
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But all crypto companies didn't wait until 2025 to shine. Binance has ruled the industry since 2017: the exchange has regulatory accreditations in 21 countries across the globe and has more than 250 million users.
The figures for the year 2024, published on January 8, 2025 by Binance, make you dizzy.
The platform has set itself a goal of one billion users. In June, it already celebrated 200 million and only 6 months later the quarter of a billion. Exploding growthboth for individual investors and institutional investors:
This incredible growth has not been limited to individual users. Institutional participation has skyrocketed, with Binance doubling its VIP user base and nearly doubling the number of registered institutional users.
On the regulation side, Binance is a good studentwhich may come as a surprise when we know that its founder and former CEO, Changpeng Zhao, received a 4-month prison sentence in the United States.
However, Binance is the first international platform to have obtained PSAN registration in France, taking advantage of our country's regulatory lead to establish itself in Europe.
Getting into compliance has a price: for Binance, it was more than 650 experts and millions of dollars invested.
Open an account on Binance, the world's #1 crypto platform
Binance is a global player for crypto and Web3
The action of the platform is not limited to obtaining regulatory authorizations, but also to actively combat fraud, theft and scams. In 2024, Binance has also collaborated with the police and justice system in many countries to make web3 a safer space:
We avoided $4.2 billion in potential user losses, protecting 2.8 million users from malicious actors. Additionally, $88 million in stolen or misplaced funds were recovered, highlighting Binance's effectiveness in protecting user assets across the entire crypto ecosystem.
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There are still many sectors in which the exchange works to develop its activity and presence : knowledge, education, accessibility, user experience.
Also development of the community with numerous events, such as the Binance Pizza Days during which we could see former CEO Changpeng Zhao delivering pizzas on a scooter in Cannes.
Actions that bear fruit for Binance. The indicators are all green in 2024: daily spot trading volumes increase by 93%, the number of spot transactions by 213%, and a record of 4,444 requests processed per second has been established.
Will these figures be beaten in 2025? Competition should be tougher now that platforms like Coinbase no longer have to fight with the Securities and Exchange Commission.
However, it will be difficult to take Binance's market share. The platform has secured its place in the ecosystem, with infrastructure, an image, and links with the authorities.
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Source: Binance
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Investments in cryptocurrencies are risky. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital
Cryptocurrency expert, Marc-Antoine began his journey in Web 3 alongside David Prinçay (current president of Binance France) in the French Cryptocurrency Club. Since then, it is by writing articles in the best-known crypto media in France that he has spread the good word. If you've read an article about crypto, there's a good chance you've read one of his articles. NFT, Blockchain, Web 3, DeFi, there is not a sector that is foreign to it. And don't ask him what the next coin to buy is: it's a maximalist Bitcoin (yes, no one is perfect).
Marc-Antoine Caen Poletti
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