A global blockchain leader, Binance, reported a successful 2023, attracting 40 million new users, marking a nearly 30% growth.
Amidst crypto market challenges, Binance strengthened its position as an industry leader, driving key trends like SocialFi and crypto payments. The platform ended the year with 170 million registered users, offering 431 assets across 1785 trading pairs.
Notably, Binance Pay/Card users grew by 54%, and P2P trading processed 18% more trades. Binance Feed evolved into Binance Square, expanding from 1,200 to 11,000 creators.
Security and compliance efforts were heightened, with $213 million invested, licenses in 18 jurisdictions, and a robust proof-of-reserves system.
Binance also made strides in making Web3 accessible, launching the Binance Web3 Wallet, garnering millions of users in a few weeks.Â
Also Read: Binance Web3 Wallet Integrates 19 Decentralized Apps (dApps)
