Binance, the largest cryptocurrency exchange by trading volume, has doubled its user base to 200 million in just over two years.

CEO Richard Teng expressed gratitude to the community, attributing the milestone to their support.

Despite facing regulatory challenges and the departure of former CEO Changpeng Zhao, Binance continues to dominate the crypto space, significantly outpacing competitors like Coinbase and Bybit.

The exchange remains committed to its ambitious goal of reaching 1 billion users, celebrating the community's role in its ongoing success.