By the end of 2024, boasting a user base of 250 million with an average of 187,000 new users joining daily. Customer assets on Binance platforms surged to $73.12 billion, a 92.9% increase from the previous year, reflecting heightened trust in the platform.
Binance
Yi He, co-founder highlighted that despite regulatory challenges, the company achieved a staggering $100 trillion in total trading volume across spot and derivatives markets.
Future Outlook: Vision for 2025 and Beyond
Richard Teng, envisions 2025 as a transformative year for the crypto industry. He emphasizes the importance of compliance, education, and product innovation to align with market evolution and growing user needs.
Binance
The venture arm of Binance, has announced a major rebranding initiative alongside an expanded investment strategy for 2025. The focus includes supporting projects across DeFi, AI, the Bitcoin ecosystem, gaming, and emerging technologies like restaking and zero-knowledge systems.
Secure Payment Practices and Scam Awareness
As the cryptocurrency market matures, the sophistication of scams targeting users has increased. Binance is committed to educating its users on secure payment practices and scam prevention.
Binance Common Scams and How to Avoid Them
- Proof of Payment Scams: Scammers may send fake payment confirmations to sellers in P2P transactions. Always verify that funds have been received in your account before releasing cryptocurrency.
- Imposter Scams: Fraudsters might impersonate Binance Support staff to solicit sensitive information or funds. Binance staff will never ask for your password or request payments. Verify communications through official channels.
- Phishing Attacks: Be cautious of emails or messages directing you to fake websites resembling Binance. Always check the URL and ensure you’re on the official Binance site before entering login credentials.
Binance’s Reporting Scams
If you encounter or fall victim to a scam, report it immediately through Binance’s official channels. You can use the Scam Self-Report form or access it via the transaction details page by clicking [Report Scam].
Binance’s journey up to 2025
Binance’s journey up to 2025 showcases its resilience and commitment to fostering a secure and innovative crypto ecosystem. As the platform continues to evolve, users are encouraged to stay informed, practice secure payment methods, and remain vigilant against scams to fully benefit from the opportunities within the cryptocurrency space.