Binance: 250,000 users subscribe to the exchange in 1 hour!
Whatever the evolution of cryptocurrency prices, the crypto market is attracting new investors. They rush en masse on the main exchange platforms, which explains the many registrations recorded, including Binance .
An invasion of new users at Binance
Binance is one of the most popular exchanges for new users in recent days, and it's his CEO in person who reveals this information when he goes on television.
Invited by Bloomberg, Zhao Chanpeng took the opportunity to tell the world that his company records a few million new users each week . Better yet, the boss of Binance even admits having received not less than 250 000 registrations in just one hour , that after the reopening of the inscriptions.
Indeed, Binance and other trading platforms have decided to suspend the addition of new traders because of the influx of too many applications for membership. But Binance has reopened the registration drop, usually in the morning French time.
An unexpected influx
Binance is certainly one of the best cryptocurrency trading platforms , but registering 250,000 new users in one hour is a big surprise for the platform team.
The CEO admitted in his interview:
"To be honest, we did not expect this kind of growth. "
The company has managed to attract several million users since its creation five months ago, until the end of last December. But the company also announced that currently, they were more than 5 million users , which proves the influx of registrations.
For its part, Coinmarketcap ( which has just withdrawn Korean exchanges ) confirms that Binance is indeed one of the most used crypto exchange platforms in the world.
To support our work you can use our affiliate link to register on Binance .
Seems all exchanges are over whelmed ! Hard to imagine that the demand for all these new accounts to fund portfolios will not raise prices on many coins.
more and more users daily register to trade and invest in altcoins ! We should soon expect so much new money on the market and big boom maybe reach the 1TR Marketcap
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