Binance Unveils 2023 Milestones in Year-End Report

Binance Unveils 2023 Milestones in Year-End Report

Binance released its 2023 year-end report, highlighting its work in making web3 more accessible, notably through the launch of the Binance Web3 Wallet. 

The Deets

  • User Expansion: More than 40 million new users in 2023
  • Compliance Strengthening: Enhanced focus on user trust and safety
  • Web3 Accessibility: Advanced services in crypto payments, P2P trading, and Web3 wallets

The Bulk

In 2023, Binance welcomed more than 40 million new users, a nearly 30% increase from the previous year. 

In its commitment to compliance and user safety, Binance amped up its compliance program, investing $213 million in 2023. The company now holds licenses and authorizations in 18 jurisdictions.

A key highlight of 2023 was the launch of Binance Web3 Wallet, a user-friendly gateway to decentralized finance and blockchain applications. 

📊 By the Numbers

Binance saw its registered user base soar to 170M, while its P2P platform processed 18% more trades, serving 39% more users in 2023. 

🎤 Founder Feedback

In 2023, we welcomed more than 40 million new users, nearly a 30% increase from the end of last year, as well as saw steady growth in our key services, and introduced new products and features built for the next era of blockchain. We remained true to our core value - always putting our users first - and significantly strengthened our compliance program.Binance

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