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Binance Sees Massive Increase in User Fund Deposits in 2024 | Flash News Detail | Blockchain.News

Binance Sees Massive Increase in User Fund Deposits in 2024

12/12/2024 9:54:47 AM

Binance Sees Massive Increase in User Fund Deposits in 2024

According to Richard Teng, Binance experienced a significant rise in user fund deposits in 2024, reaching $21.6 billion. The average Bitcoin deposits on the platform grew from 0.36 BTC to 1.65 BTC. Additionally, USDT deposits increased dramatically from $19.6K to $230K, indicating a growing interest from professional and corporate investors. (Source)

Bitcoin Binance USDT Richard Teng

More from Richard Teng (@_RichardTeng): Richard Teng is Binance CEO