Key Points
- Binance’s total trading volumes in the last 30 trading days surpassed major global stock markets.
- Also, the exchange reached over $241.5 million registered users.
In a bullish crypto market where Bitcoin continues reaching one ATH after another, racing towards $100,000, the most important crypto exchange in the world, Binance is marking its own important achievements.
Binance 30-Day Trading Volumes Outpace Major Global Stock Markets
According to the latest official reports, in the last trading days, meaning from October 7 to November 15, Binance’s total trading volumes have significantly outpaced major global stock markets including NASDAQ and NYSE.
The total trading volumes of the exchange include both spot and derivatives.
Official data shows that Binance’s trading volume in the period mentioned above was 10% higher compared to NASDAQ during the same period and double the size of the New York Stock Exchange (NYSE). Also, Binance accounts for 50% of all CEXes trading volumes globally.
Also, Binance marked another important achievement, surpassing 241 million registered users on the platform.
More Than 241 Million Users on Binance
At the moment, over 241.56 million people are using the crypto exchange, highlighting continually increasing trust in the platform and all its services and offerings.
On November 11, we also reported that Binance surpassed $132 billion in TVL, according to data from DeFi Llama.
More than that, on November 6, Binance reported over 13 million app visits in a single day, a number which was fueled by the US election results showing Donald Trump as the new President.
Binance’s CEO, Richard Teng, addressed the importance of the event, highlighting that the crypto industry is entering a golden age.
The exchange’s founder, CZ, has been also celebrating Bitcoin’s new ATHs and the entire crypto industry’s success.
On November 20, he shared a post via X, noting that two years ago, BTC’s price was at a low of $16,000, and many were panicking, while a few kept building.
Back then, CZ was saying that Bitcoin is not dead, “We are still here.” He couldn’t have been more right.
Now, in 2024, Bitcoin is racing towards $100,000 and the crypto industry is seeing more adoption and interest than ever.