Binance Surpasses $100T: Unveiling 2024’s Jaw-Dropping Milestones

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January 19, 2025 by Usman Zafar

Binance topped CryptoQuant’s 2024 survey, dominating key metrics like trust, compliance, and user satisfaction.
The platform’s global appeal shines, with dominant usage in regions like the Middle East, Africa, and South America.
Binance’s innovative tools and features empower users, securing its position as the most trusted exchange.

Binance emerged as the undisputed leader in CryptoQuant’s 2024 survey, earning top rankings in multiple categories. The survey, which was carried out on 1,478 cryptocurrency investors who are knowledgeable about data, pointed to the exchange as the most preferred centralized exchange.

The number of people who stated Binance as their main exchange was more than 53%, with 48% of them keeping the majority of their crypto assets on the platform. The exchange was a standout in the fields of data security, customer support, and peer-to-peer trading with more than 50% of the surveyed individuals labeling it the top 1 in them.

Furthermore, the commendation for its compliance standards was as much as 32% making it the winner of the highest numbered votes. The excellence of the exchange guarantees the users the safest and easiest experience.

Regional Dominance and Global Leadership

Having swept across the Middle East, South America, and Africa, the exchange boasts its position in these regions with the way it works. The affiliate program had conversions of 52% to 72%. This success is mostly seen in the services they offer in Asia and Europe where the exchange gets half of the trade volume from users.

The fact that the platform is designed to address various crypto needs and yet leaves zero tolerance for service quality is the reason for its universal appeal. Binance is leading in the financial arena by being the reason for more than half of the survey-makers’ money gained by its great trading tools, large liquidity, and numerous advanced features.

Binance Milestones and Financial Empowerment

Binance’s success has undoubtedly shown a strong commitment to innovation in 2024. In just one year, the platform has traded volumes of $100 trillion, received the title of the most visited cryptocurrency platform by Cloudflare, and also attracted $21.6 billion worth of inflows, which is almost 40% greater than the inflows recorded by rivals.

The Binance launch pool is still widely sought after, and 40% of the respondents took part in the new token launches via the deployment platform. These achievements underscore Binance’s position as one of the key financial enablers in the world as well as a leader in blockchain adoption.

Andy Goldin, Binance’s Head of Data & Analytics, stated:

The data reflects our commitment to meeting user needs through innovation, security, and a robust ecosystem. With over 250 million registered users globally, we are proud to play a pivotal role in driving the adoption of blockchain technology and shaping the future of the cryptocurrency industry.

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