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International Business Times

Business

Marvie Basilan

Crypto Industry Now In 'Early Majority' Phase: Binance CEO After Exchange Hits 200M Users

Binance United States Crypto Richard Teng Tigran Gambaryan Cristiano Ronaldo Joe Biden Coinbase

Binance announced Sunday that the exchange now has 200 million users worldwide. (Credit: Binance Twitter)

KEY POINTS

Teng said Binance reaching 200 million global users also means the crypto industry has reached a new maturity level
He said it means the milestone means more people worldwide are now "warming up to crypto"
Binance remains the world's largest crypto exchange by trading volume, leading Coinbase and OKX

Cryptocurrency exchange giant Binance reached a new milestone over the weekend, and for the crypto behemoth's CEO, it is proof that the digital assets space has now reached a brand new stage more than a decade since the first crypto token emerged.

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