#Binance User Survey #1#

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Hot Topic Overview

Overview

Binance shines in the recent CryptoQuant survey of crypto users, topping the rankings in several key metrics. The report reveals that 53% of respondents most frequently use Binance as their centralized exchange, 48% store most of their crypto assets on Binance, and 51% have earned their biggest profits through Binance. Binance holds a dominant position in regions like the Middle East, South America, Africa, Asia, and Europe, being the preferred platform for 50% to 72% of respondents in these regions. Furthermore, over half of the respondents believe Binance boasts the best network security measures, customer service, and C2C trading platform.

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Analysis

CryptoQuant's crypto user survey report shows Binance excels in several key metrics, ranking first in multiple categories. The report reveals that 53% of respondents most frequently use Binance as their centralized exchange, 48% store most of their crypto assets on Binance, and 51% generated their biggest gains through Binance. In the global regional market segment, Binance dominates the Middle East, South America, and Africa, with user shares reaching 52%-72%; even in the fiercely competitive Asian and European markets, Binance adoption rates reach 50% and 51%, respectively. Additionally, over half of the respondents believe Binance possesses the best network security measures, customer service, and C2C trading platform. Notably, 83% of respondents value compliance in the crypto industry, and 32% consider Binance to have the highest compliance standards, exceeding the second-ranked exchange by 18%. These data suggest Binance's leadership in user scale, user satisfaction, and compliance, potentially tied to its extensive global user base, robust products and services, and emphasis on compliance.

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Classic Views

Binance has the highest user share in multiple regions around the world, especially in the Middle East, South America, and Africa where it holds a dominant position.

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Binance is the most commonly used centralized exchange by users and is the preferred platform for users to store their crypto assets.

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Binance has received high praise from users in terms of network security, customer service, and C2C trading platform.

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Users have expressed their approval of Binance's compliance, believing that Binance has the highest compliance standards.

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