Chanpeng Zhao revealed the indicators of the Binance ecosystem in honor of the five -year anniversary of the company

Over five years since the foundation, the Binance user base has grown to 120 million people, and the BNB Chain supported by the company has been processed over 2.4 billion transactions since 2020. This was told by the head of the cryptocurrency exchange Chanpen Zhao.

Binance began to serve customers in July 2017. According to Zhao, during this period the platform “surpassed his most daring expectations”.

The head of the exchange noted that the staff of its employees has grown more than 200 times, and over 1200 projects now operate on BNB Chain. He shared other indicators of the ecosystem:

• Binance has released more than 1.7 million cryptocurrency cards in the European region. The volume of plastic payments exceeded $ 2 billion;
• Through the Binance Pay payment system, about 17 million transactions with a total of $ 12 billion;
• The number of weekly users of the Binance NFT marketplace reached 600,000. The volume of operations within the IGO amounted to $ 1 billion;
• From January to June 2022, the number of active users of the Binance Earn service increased from 3.7 million to 4.9 million people.

Zhao also said that the company raised more than 2.88 million BTC (~ $ 52.24 billion) for charity. 1.8 million people became the beneficiaries of the relevant programs.

The head of Binance noted that in the next five years the exchange will focus on the creation and development of products that “bring tangible benefits to people”. He added that the company will cooperate with regulators and help other industry players.

Recall, according to Zhao, Binance intends to help the industry participants who experience a “slight liquidity deficiency” and is conducting appropriate negotiations with more than 50 companies.

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