The king of cryptocurrency exchanges, Binance, manages over half of the global market volume. Despite facing tough challenges in the US, Binance was once again in the spotlight amidst rumors involving the US Department of Justice. Just a few minutes ago, Binance CEO CZ shared data indicating that everything is going well.
Binance User Count
The recent Twitter post by the CEO of Binance highlights the increase in the number of users. CZ, who previously stated that there were 120 million users on the platform in July last year, now writes that the number has exceeded 150 million.
This means that the number of Binance users has increased by 30 million from last year to today. According to Similarweb, Binance has received the most traffic from Turkey, Vietnam, Russia, Argentina, and India in the past three months. It is estimated that Binance’s cumulative user count is much higher than 150 million, as it has also opened local exchanges for the US and many other countries.
Despite the news of an investigation by the US Department of Justice based on insider sources yesterday, BTC continues to find buyers above $29,000.