### Binance User Survey Report Released#

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Overview

CryptoQuant's crypto user survey report shows Binance performs best in multiple key indicators, dominating multiple regions, being the most used centralized exchange among respondents and the preferred platform for storing their crypto assets. The report shows that 53% of respondents consider Binance as their primary centralized exchange, 48% store most of their cryptocurrency assets on Binance, and 51% earned their largest gains through Binance. Additionally, over half of the respondents believe Binance has the best network security measures, customer service, and C2C trading platform.

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Analysis

Binance performed exceptionally well in the recent CryptoQuant Crypto User Survey Report, ranking first across multiple key metrics. The report revealed that 53% of respondents most frequently use Binance as their centralized exchange, 48% of respondents store the majority of their crypto assets on Binance, and 51% of respondents have realized their largest gains through Binance. Binance boasts a widespread user base globally, particularly in regions like the Middle East, South America, and Africa, where user penetration ranges from 52% to 72%. Even in highly competitive markets like Asia and Europe, Binance's adoption rates reach 50% and 51%, respectively. Furthermore, over half of the respondents believe Binance possesses the best cybersecurity measures, customer service, and C2C trading platform. The report also highlighted that 83% of respondents value compliance in the crypto industry, while 32% believe Binance has the highest compliance standards, surpassing the second-ranked CEX by 18%. These findings demonstrate Binance's leading position in user count, user loyalty, security, and compliance, solidifying its status as one of the leading cryptocurrency exchanges globally.

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Binance performs best in several key metrics, including user adoption, asset storage, revenue streams, etc.

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Binance dominates in multiple regions across the globe, especially in the Middle East, South America, and Africa.

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Binance enjoys high user recognition for its network security, customer service, C2C trading platform, etc.

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Binance is also recognized by users for its compliance, although ranking second, still 32% of respondents believe Binance has the highest compliance standards

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