Binance Surpasses 100 Million Unique Address

The growing number of users on Binance is no small feat, and Binance is still aiming large—1 Billion large.

By
Anirudh Tiwari
on
October 18, 2021
Category:
BSC News

BSC Hits A Significant Milestone

The reach of the Binance Smart Chain (BSC) has hit 100 million unique addresses, as announced on the network’s official Twitter account.

Coincidentally, this landmark was hit only a day after the first Binance Community Meetup in Dubai, UAE, on Oct. 16. The meet-up was held at Five Palm Jumeriah Dubai and was placed at the end of the World Blockchain Expo held in the county.

“I’m a huge believer in DeFi [Decentralized Finance]. Right now, it is an alternative to CeFi [Centralized Finance], but eventually, it will overtake CeFi.(...) Actually, I think within twenty years it is going to replace CeFi,” explained Changpeng Zhao, also known as CZ, the founder, and CEO of Binance, on his surprise visit to the meet-up.
Source: Binance Smart Chain Twitter

Binance has been focusing on the growth of the BSC ecosystem through various initiatives. As previously reported by BSC News, the exchange initiated a $1 billion growth fund for BSC to accelerate the adoption of digital assets and blockchain technology. The fund aims to increase the reach of the BSC network to 1 billion users.

"Many people think of Binance as a centralized exchange, but we’re not. We’re not really married to that centralized exchange thing, we can let it go. (...)There are more opportunities in the future than in the past. (...) The future belongs to the decentralized world," CZ added.

From DeFi, to GameFi, and NFTs: we agree with CZ. And we here at BSC News will be along to document the whole ride to the moon. We’re so glad to be at the start of something big and world-changing. To the moon and beyond!

Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto!


About Binance

Binance is the largest cryptocurrency exchange in the world according to trading volumes as per data from CoinMarketCap. The exchange launched the Binance Smart Chain (BSC) network on Aug. 31, 2021, in parallel to the Binance Chain (BC). Since then, the network’s total value locked (TVL) in DeFi protocols has grown to hit an all-time high of $41.37 billion on May 8, according to data from Dappradar.

Find about more about Binance here:

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Anirudh Tiwari

Anirudh is a cryptocurrency analyst and writer who specializes in derivatives, DeFi, regulations and CBDCs. He has a Master’s degree in Finance. Before delving into crypto, he worked with a leading U.S. based investment bank. Apart from work, he is a music connoisseur and likes to play the drums. His largest holdings in crypto are Ethereum, Cardano, and Polkadot.

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