Binance Marks Record Year with 40 Million New Users in 2023

<p>Cryptocurrency
exchange Binance saw significant growth in its user base in 2023, according to
its recently released year-end report. The company added over 40 million
registered users this year, representing a 30% increase compared to 2022. It
now has a total of 170 million registered users globally.</p><p>Crypto Exchange Binance
Sees User Growth in 2023</p><p>Binance
highlighted the steady adoption growth of its crypto <a href="https://www.financemagnates.com/terms/p/payments/">payments</a>, peer-to-peer
trading, and earning products. Its P2P platform saw an 18% increase in trading
volume and a 39% rise in active users.</p><p>"By 2023-end, Binance amassed 170 million registered users and offered 1785 trading pairs across 431 different assets," the company commented in the report.</p><blockquote><p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> 2023 End-of-Year Report has landed!This year, we remained dedicated to putting users first and strengthening our business through: