150 Million Binance Users Is Impressive

Im new to this crypto space, but from my little experience in crypto I know that Binance has done a great job so far. When I was looking for a crypto exchange to register so I can buy and sell crypto, almost everyone recommended binance. I googled Binance it is number one exchange in the world, started operation in 2017 and since then the exchange has been hitting multiple milestones. Its not doubt that binance has helped grow crypto adoption as they have sponsored a lot of activities that has helped increase crypto adoption. I remember when my girlfriend asked me if I could teach her how to trade binance. I was confused for a second because, I didn’t understand if she wanted to learn how to trade coins on binance or she wanted to trade the Binance coin. This was about two months ago, but reading about binance achievements just made me realise that binance is so big that most people know about binance just like they know about bitcoin. That shows the level of population and adoption Binance has reached.

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Having 150 Million people register or use your company is very huge, because, compared to the world’s population in a time where crypto is still considered to be new, 150 Million people is a lot of number. This is happening now crypto is still under 20 years in existence. If Binance keeps staying consistent with their service and more people keep using it, then its possible that in five years time we might see about 500 Million Binance users. That is half a billion people using the crypto exchange just like people are using the social media Facebook. Facebook has the most users for a social media, binance might just be the Facebook of crypto. With this amount of users, we know just how high the trading volume would be. Since binance charges transaction fees, that will be a lot of money for the binance company. Its no doubt that this is the reason binance and the CEO are that rich.

Posted Using LeoFinance Alpha