With over 6.3 million downloads so far in 2024, Binance has taken the lead in the Crypto app industry

Main contents

• In the first quarter of 2024, Binance achieved more than 6.3 million mobile app downloads, far surpassing other major platforms in the fintech and crypto space.
• This stellar performance can be traced to two key factors: the outstanding quality of the Binance app and global consumers’ trust in the Binance brand, which serves more than 186 million people worldwide. .
• With this app, users can access a variety of Web3 functionalities, including spot and P2P trading, payments, marketplaces, income-earning products, and more, all of which contribute affirming Binance’s leading position in the Web3 application movement.

The second quarter of 2024 is almost here and crypto is maintaining its strong growth momentum, with major industry indices confidently in the green. Among them, the most important indicators are those that show a strong increase in reception and usage trends. Earlier this month, the surge in inflows into Binance, pushing the value of user capital held on the platform past the $100 billion mark, has become a testament to the security and transparency in managing people’s assets. use ours.

In the burgeoning rush into the digital asset space, users have a plethora of service providers to choose from – however, not all platforms benefit equally from the influx. This. In 2024, Binance is leading the fintech industry in app downloads, with the number of user installs of Binance’s mobile app surpassing 6.3 million to date. What’s behind these statistics and what does it show about Binance and the state of the crypto industry in 2024?

App Binance: Leading the industry

According to data from digital data analytics firm Sensor Tower, in the first three months of 2024, iOS and Android users globally downloaded the Binance app more than 6.3 million times. This is more than 21% higher than the number of downloads of the second-ranked competitor. The gap between the leader and other major cryptocurrency service providers ranked third and below is even wider, with Binance’s index many times larger than the rest of the industry.

Thanks to the general revival of the cryptocurrency market following the news of an exchange-traded fund (ETF) for spot bitcoin trading being approved in the United States and anticipation of the upcoming Bitcoin Halving, the application’s tremendous achievement Binance’s adoption stems from two key factors: the comprehensiveness and ease of use of the app itself, and global consumer trust in the Binance brand.

Two reliable sources

Built on Binance’s user-focused culture, our app is designed to make embracing the world of cryptocurrency easy even for newbies. Anyone, no matter where they are or how much they know about cryptocurrency and financial markets, can open a Binance account using our mobile app in just a few minutes. After setting up an account and verifying the user’s identity, they will have access to a centralized platform with everything on Web3: spot and P2P trading, pay, trading floors, revenue-generating products. login, Binance Square’s social network and Web3 wallet, plus many other functions and services, all at your fingertips.

Not only providing an outstanding user experience and diverse services, the Binance app is also the gateway to the world’s leading blockchain ecosystem, trusted by more than 186 million people globally. With unprecedented liquidity, users can trade on approximately 1,800 trading pairs and over 400 digital assets.

Every day, tens of thousands of people download the Binance app to access the world of digital assets. What they get is more than just a convenient vehicle for a compelling Web3 journey – they also gain access to the world’s largest community of financial freedom enthusiasts, built on the principles of growth. Responsible, secure and trustworthy.

With impressive statistics reflecting a rising adoption trend, Binance app dominance in early 2024 has established a solid foundation for a growing and empowered community, as well as charting a further path towards the first billion Web3 users.

To be part of this growth, download the Binance app today.

Read more

• Breakthrough: User assets held by Binance surpass 100 billion USD
• Building trust in the cryptocurrency ecosystem: A benchmark for centralized exchanges
• Binance year-end report: 30% user growth, new SocialFi and Web3 product launches, and more stringent compliance framework.