January 11th, 2018
Binance (Cryptogon Affiliate Link)
The worldâ€™s biggest cryptocurrency exchange keeps getting bigger.
Hong Kong-based Binance.com is adding â€œa couple of millionâ€� registered users every week, with 240,000 people signing up in just an hour on Wednesday, Chief Executive Officer Zhao Changpeng said in an interview with Bloomberg Television. Demand is so high that the company is limiting new customers, he said, though Binance may fully reopen in the coming weeks.
â€œWe did not expect this kind of growth to be honest,â€� Zhao said from Tokyo on Thursday.
Binance was the worldâ€™s most active crypto exchange over the past 24 hours, according to Coinmarketcap.com, hosting $6 billion worth of digital currency trades. The most popular asset was Tron, which accounted for 11 percent of volume.
Zhao said his average customer was male and aged 25-35, though Binance is â€œbeginning to get a lot of interest from institutional investors.â€�
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