Yeliz Akmaca 
The world’s largest cryptocurrency exchange, Binance, surpassed 300 million registered users as of December 7, 2025. This massive user base reinforces Binance’s market dominance while creating potential for increased liquidity and trading volume.
During this pivotal moment, Binance also made a significant leadership change. Yi He, co‑founder of Binance, was officially appointed Co‑CEO on December 3, 2025. She has long played a crucial role within Binance, particularly in customer service and operations. This appointment reflects the company’s commitment to a more corporate and user‑centric management approach aligned with global expansion and Web3 strategies.
Binance’s Historical Success and Market Dominance
Founded in 2017 by Changpeng Zhao (CZ) and Yi He, Binance has become a leading platform in the cryptocurrency market within eight years. According to press releases, the exchange’s total spot and derivatives trading volume has surpassed $125 trillion, securing a unique position in the global crypto ecosystem. This demonstrates Binance’s ability to gain worldwide user trust and support the growing adoption of digital assets.
As of June 2025, Binance accounted for over 41% of the spot cryptocurrency market. According to The Block, roughly 217 million transactions occur daily on the platform, with total volume exceeding $91 billion. These figures highlight the scale of Binance’s operations and the confidence users place in the platform’s liquidity.
More than 300,000,000 users trust @Binance. 🙏🙏🙏 pic.twitter.com/LU8WQvvWA7
— CZ 🔶 BNB (@cz_binance) December 7, 2025
Impact on BNB Token and Trading Opportunities
Reaching 300 million users and Yi He’s appointment as Co‑CEO bring renewed attention to Binance’s native BNB token. Historically, positive announcements from Binance have triggered upward price momentum in BNB, with increased trading activity seen on BNB/BTC and BNB/ETH pairs. This milestone may also boost on‑chain activity on the BNB Chain, providing opportunities for short‑term momentum trading or long‑term holding strategies.
Binance Secures Full ADGM Licenses, BNB Price Jumps
Market Sentiment, Liquidity, and Institutional Base
Binance Pay has processed 300 million transactions worth $230 billion. Between 2022 and 2024, users saved a total of $1.75 billion in transfer fees, making crypto payments more accessible and cost‑effective. Binance’s risk management systems have prevented $10 billion in fraudulent activity since December 2022, further reinforcing platform security. Additionally, over $215 million in stolen funds have been recovered or frozen, strengthening user trust.
Binance established the SAFU fund in 2018 to protect user assets, setting a new standard for trust in the sector. Between 2019 and 2021, Binance expanded its ecosystem with P2P services like Binance Earn and Binance Pay. In 2022 and 2023, the platform introduced Proof‑of‑Reserves and its own Web3 wallet to increase transparency and user control. These developments solidify Binance’s position as a trusted crypto platform for both individual and institutional users.
The exchange also actively participates in regulatory compliance and training. Approximately 241,000 law enforcement requests were handled, and over 400 financial crime training sessions were conducted. Around 22% of Binance employees work in compliance, underscoring the company’s focus on regulatory cooperation and user security.
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