#Binance User Survey Ranked #1#

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Hot Topic Overview

Overview

Binance has performed exceptionally well in CryptoQuant's recently released Crypto User Survey, ranking first across several key metrics. The report reveals that 53% of respondents use Binance most frequently as their centralized exchange, 48% store the majority of their crypto assets on Binance, and 51% have generated their largest profits through Binance. Binance dominates in regions such as the Middle East, South America, Africa, Asia, and Europe, being the preferred platform for 50% to 72% of respondents in these areas. Additionally, over half of the respondents believe Binance possesses the best cybersecurity measures, customer service, and C2C trading platform.

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Analysis

CryptoQuant's crypto user survey report shows that Binance ranks first in several key metrics, making it the most popular cryptocurrency exchange globally. 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 generated the most profit through Binance. Binance holds a user share exceeding 50% in major markets like the Middle East, South America, Africa, Asia, and Europe, reaching as high as 52% to 72% in the Middle East, South America, and Africa. Additionally, over half of the respondents believe Binance boasts the best network security measures, customer service, and C2C trading platform. Notably, while 83% of respondents value regulatory compliance in the crypto industry, only 32% consider Binance to have the highest compliance standards, indicating room for improvement in this area. Overall, Binance excels in user scale, trading volume, user experience, and security, solidifying its position as one of the most favored cryptocurrency exchanges worldwide.

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Classic Views

Binance has the most users in multiple regions around the globe, especially dominating in regions like the Middle East, South America, Africa, Asia, and Europe.

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Binance is the most commonly used centralized exchange among users, with over half of the respondents naming Binance as their primary trading platform.

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Binance users store the majority of their crypto assets on Binance, with almost half of the respondents using Binance as their main asset storage platform.

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Binance receives positive user feedback on network security, customer service, and its C2C trading platform.

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