Binance Hits $100 Trillion in 2024: Year-End Report Highlights

Binance’s 2024 year-end report highlights its dominance in the crypto industry, revealing a record $100 trillion in cumulative trading volume and a 47% surge in users, reaching 250 million.

The exchange now holds $160 billion in user assets, surpassing Coinbase’s $137 billion. Binance reported $30 billion in annual inflows, outpacing its top 10 competitors combined. The approval of Bitcoin and Ether ETFs in 2024, coupled with growing institutional interest, fueled a crypto bull market that pushed Bitcoin to six figures. Binance credits its milestones to advancing compliance and fostering a secure, inclusive financial future.

Clever Robot News Desk 10^th January 2025