Binance captures the growth of new customers

14.05.2020 / Payment system news

The number of registrations of new users of the Binance trading platform is approaching the indicators of 2017-2018 and continues to grow at the present time, said the head of the platform, Changpen Zhao.

“We are witnessing the rapid growth of new accounts on a par with what was observed in 2018,” he said, noting that technical support receives a large volume of requests every day, which indicate a high level of activity among completely new or random users interested in the crypto industry. In addition, customers began to appear on the network who had not conducted operations on their accounts for a long time. “All this suggests that the level of activity is definitely much higher than even three or four months ago,” Changpen Zhao added.

According to the head of the company, the halving of the first cryptocurrency held this week can also be a positive factor for the industry. In addition, the crisis observed in the economy and supported by the spread of coronavirus has already proved that Bitcoin can act as an asset for interesting investors.

Nevertheless, Changpeng Zhao added that meeting the stringent requirements of regulators is not easy at all, but Binance, he said, will continue to work towards upgrading the product no matter how long it takes.