{"id":172125,"date":"2024-09-24T17:39:59","date_gmt":"2024-09-24T17:39:59","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=172125"},"modified":"2024-09-24T17:40:02","modified_gmt":"2024-09-24T17:40:02","slug":"binance-shatters-records-trading-volume-surpasses-a-mind-blowing-100-trillion","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/binance-shatters-records-trading-volume-surpasses-a-mind-blowing-100-trillion\/","title":{"rendered":"Binance Shatters Records! Trading Volume Surpasses a Mind-Blowing $100 Trillion!"},"content":{"rendered":"<p style=\"text-align: justify\">TL;DR<\/p>\n<ul>\n<li style=\"text-align: justify\">Binance has surpassed a <strong>trading volume of $100 trillion<\/strong>, driven by the recent recovery of Bitcoin&#8217;s price, which has once again crossed the $63,000 mark.<\/li>\n<li style=\"text-align: justify\">The platform has added <strong>70 million users<\/strong> in the last year and a half, reaching 200 million registered users, representing about <strong>36% of the global total.<\/strong><\/li>\n<li style=\"text-align: justify\">Despite facing regulatory challenges, the exchange has seen a <strong>40% increase in institutional investor participation.<\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><a href=\"https:\/\/crypto-economy.com\/binance-exchange-review-complete-guide\/\" target=\"_blank\" rel=\"noopener\"><strong>Binance<\/strong><\/a>, the world&#8217;s largest cryptocurrency exchange, <strong>has surpassed a trading volume of $100 trillion, driven by the bullish market momentum<\/strong>. This achievement coincides with the recovery in Bitcoin&#8217;s price, which has once again broken the <strong><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener\">$63,000<\/a> barrier<\/strong>.<!--more--><\/p>\n<p style=\"text-align: justify\">Throughout this year, Binance has experienced significant growth in its user base, adding <strong>40 million new users in 2023 and another 30 million in the first six months of 2024<\/strong>. Currently, the platform has approximately 200 million registered users, which represents about <strong>36% of all cryptocurrency users globally<\/strong>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Fun fact: Earlier this month, the all-time trade volume on <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Binance<\/a> surpassed $100 trillion! \ud83c\udf89<\/p>\n<p>Through the highs and lows, Binance will keep building. Because ours users only deserve the best. <\/p>\n<p>Thank you for your trust and support! \ud83e\udd1d<\/p>\n<p>&mdash; Richard Teng (@_RichardTeng) <a href=\"https:\/\/twitter.com\/_RichardTeng\/status\/1838564582266470844?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">Despite the regulatory challenges it has faced, including a $4.3 billion fine, Binance continues to show exceptional performance in the market. <strong>The participation of institutional and corporate <a href=\"https:\/\/crypto-economy.com\/investing-in-cryptocurrencies\/\" target=\"_blank\" rel=\"noopener\">investors<\/a> has increased by 40%<\/strong> compared to the previous year, demonstrating a growing confidence in the platform and its service offerings.<\/p>\n<h2>The Key for Binance: Always at the Forefront of the Industry<\/h2>\n<p style=\"text-align: justify\">Richard Teng, CEO of the exchange, commented in a recent interview with CNBC that the trend of institutional interest has been consistent, although <strong>he did not provide specific details about investment figures<\/strong>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-170750\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/08\/Binance-1.jpg\" alt=\"binance post\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/08\/Binance-1.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/08\/Binance-1-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/08\/Binance-1-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\">The increase in Binance&#8217;s trading volume in the complicated context of regulatory scrutiny is a testament to its resilience and focus on innovation within the cryptocurrency industry. The platform is focusing on <strong>improving user experience and diversifying its services<\/strong>.<\/p>\n<p style=\"text-align: justify\">This growth should also be understood as part of the platform&#8217;s efforts <strong>to remain at the forefront<\/strong>, marking its influence in the industry. The exchange&#8217;s ability to adapt and thrive will be crucial to maintaining its position as a leader in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Binance has surpassed a trading volume of $100 trillion, driven by the recent recovery of Bitcoin&#8217;s price, which has once again crossed the $63,000 mark. The platform has added 70 million users in the last year and a half, reaching 200 million registered users, representing about 36% of the global total. Despite facing regulatory &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Binance Shatters Records! Trading Volume Surpasses a Mind-Blowing $100 Trillion!\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/binance-shatters-records-trading-volume-surpasses-a-mind-blowing-100-trillion\/#more-172125\" aria-label=\"More on Binance Shatters Records! Trading Volume Surpasses a Mind-Blowing $100 Trillion!\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":172127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[4601,4602,4656],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172125"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=172125"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172125\/revisions"}],"predecessor-version":[{"id":172128,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172125\/revisions\/172128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/172127"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=172125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=172125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=172125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}