As of May 28, 2025, #Binance has officially surpassed 275 million registered users, reinforcing its position as the world's largest cryptocurrency exchange by user base.
đĄïž Trust and Security
Binance has implemented robust security measures to protect its users:
SAFU Fund: A $1 billion Secure Asset Fund for Users to cover potential losses.
Proof of Reserves (PoR): Regularly published reports using Merkle Tree technology to verify asset backing.
Advanced Security Protocols: Including Two-Factor Authentication (2FA), anti-phishing codes, and withdrawal address whitelisting.
These measures have contributed to Binance's reputation as a secure and trustworthy platform in the crypto industry.
đ€ Leadership
Binance is currently led by Richard Teng, who took over as CEO in late 2023.
đž Visual Representation
Here's an illustrative image showcasing #Binance's growth and leadership:
*Richard Teng, CEO of Binance *