Cryptocurrency exchange Binance announced on June 2 that it has reached a major milestone in user growth, underscoring its accelerating global reach in the digital asset space. The platform reported that its community has expanded significantly in recent months, driven by demand in both established and emerging markets. In a statement, the company shared:

Binance has hit a remarkable milestone of 275 million registered users worldwide.

The pace of growth in 2024 alone has been substantial. “To put this explosive growth in perspective, Binance has gained 80 million new users since January 2024 alone — that’s roughly 156,000 signups every single day, or about 1.8 new users every second,” the company stated.

Binance credited much of this momentum to expanding access in regions underserved by traditional financial systems. Unlike conventional platforms rooted in national currencies and legacy infrastructure, Binance has introduced a system built entirely around cryptocurrency, enabling broader participation in global finance.

Beyond numbers, Binance emphasized how its services are being applied in everyday life. The company described how its payment product is reshaping crypto’s role: “This growth isn’t just passive; rather, it’s powering real-world utility. Binance Pay is gradually turning crypto from an investment into something far more practical: a tool for everyday life.”

The platform recently integrated Binance Pay with Brazil’s national payment system Pix, allowing users to convert crypto to local currency for direct transactions. Framing the broader implications of its expansion, Binance concluded:

As we race toward 300 million users, one thing is clear: the future of money is no longer a question of ‘if,’ but ‘how fast,’ with Binance leading the charge.

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