A Journey of Scale & Innovation
Founded in July 2017 by Changpeng Zhao (CZ) and Yi He, Binance began as a modest crypto‑to‑crypto exchange. Over eight years, it has evolved into the world's largest cryptocurrency platform, serving over 280 million registered users across 100+ countries .
Binance users have transacted more than $125 trillion, surpassing even the global GDP of 2024 .
Its infrastructure now supports up to 4.475 million requests per second, powering approximately 217 million trades per day on average . Binance controls about 41% of global spot trading volume, highlighting its dominant market position .
Beyond Trading: Ecosystem at Scale
Binance has grown into a full-stack digital finance ecosystem:
Binance Earn: Over $50 billion earned by users through staking, savings, and liquidity products
Binance Pay: Processed more than 300 million transactions, totaling over $230 billion, helping users save approximately $1.75 billion in remittance fees from 2022 to 2024
.Binance Academy: Educated over 64 million people in 29 languages via free crypto courses and Learn-to-Earn programs distributing more than $12.8 million in rewards .
Security & Compliance: Since December 2022, Binance’s systems thwarted $10 billion in fraud, recovered or froze $215 million in stolen funds, handled 241,000+ law enforcement requests, and dedicated ~22–21.8% of staff to compliance roles .
Binance Charity has also contributed over $40 million to global education and disaster relief, benefiting nearly 4 million people .