Binance CEO Claims a Quarter of a Million New Users in One HourBinance trading volumes in the last 24 hours totalled almost 6 billion USD.
In an interview with Bloomberg television, the CEO of Binance revealed the flabbergasting extent of demand for cryptocurrency trading.
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Binance is the world’s biggest cryptocurrency exchange. Founded in China, it recently relocated to Tokyo after its native government banned cryptocurrency exchanges. On the fifth on January, a message appeared on its site informing users that it was temporarily disabling user registration “due to the overwhelming surge in popularity”.
In an interview with Bloomberg, CEO Zhao Chanpeng said that after re-opening registration, 240,000 people registered in one hour, “so we’re growing basically by a couple of million every week”.
Binance took its first breaths about 5 months ago, and it was just after Christmas that it announced having reached 3 million users. Yesterday it announced 5 million. According to Coinmarketcap, it is the most heavily used cryptocurrency exchange in the world right now, processing $5,851,344,587 in the last 24 hours alone.
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https://www.financemagnates.com/cryptocurrency/news/binance-ceo-claims-quarter-million-new-users-one-hour/ of course many are enrolled in the binance because binance provides a very high price range from other markets and the binance seems to be a good market and has a very high trading volume.