Binance hits 280 million users as CEO Richard Teng credits community adoption and feedback for the exchange’s evolution; the milestone reflects expanded user engagement, product updates and strengthened security initiatives like the Beacon network collaboration.
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280 million users milestone
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Community feedback and product updates drove platform growth.
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Security push includes founding support for the Beacon network with TRM Labs; Neo Legacy Network support ends mid‑October 2025.
Binance hits 280 million users — read how community feedback and security collaborations drove growth; learn what changes and updates users should expect.
What does Binance hitting 280 million users mean for the crypto market?
Binance hits 280 million users signals broad user adoption and deeper product engagement across trading, custody and community services. The milestone underlines how user feedback and platform updates have expanded Binance’s footprint while prompting parallel security and delisting actions to maintain network integrity.
How did community feedback contribute to Binance’s growth?
Richard Teng, CEO of Binance, posted on X praising users after Binance reached 280 million accounts. He credited user adoption and continual feedback for shaping product roadmaps and features. Short survey data and community reports (internal Binance feedback channels) guided recent listings, trading‑pair openings and deprecation schedules.
Binance growth driven by user adoption and community feedback
Richard Teng emphasized that Binance is more than a transaction venue: it’s a community-built ecosystem. He highlighted individual user stories and their role in shaping services.
Over eight years, Binance’s product evolution has been influenced by community-sourced requests and usage patterns, which led to targeted feature rollouts and localized services.
Recent platform housekeeping includes a scheduled end of support for the Neo Legacy Network in mid‑October 2025 and the addition of new trading pairs CYBER/USDC, MAV/USDC and SKL/USDC to meet user demand.
How is Binance strengthening security with the Beacon network?
Binance joined TRM Labs as a founding supporter of the Beacon network, an industry initiative to prevent stolen crypto from being cashed or laundered. The collaboration focuses on information sharing and coordinated responses to suspicious activity.
By participating in Beacon, Binance aims to reduce illicit flows and increase investor confidence, which the company says should help adoption among risk‑sensitive users.
Frequently Asked Questions
Will Binance stop Neo Legacy Network support entirely?
Binance announced a planned end to Neo Legacy Network support beginning mid‑October 2025. Users should migrate assets to supported networks before the cutoff to avoid service interruption.
Which new trading pairs did Binance open recently?
Binance opened CYBER/USDC, MAV/USDC and SKL/USDC trading pairs to expand liquidity and options for users seeking USDC‑based markets.
Key Takeaways
- Milestone: Binance hits 280 million users, reflecting strong global adoption.
- Community-driven product strategy: User feedback has shaped recent listings and platform changes.
- Security focus: Founding support for the Beacon network with TRM Labs strengthens anti‑fraud coordination.
Conclusion
Binance hits 280 million users as community adoption and targeted security initiatives drive platform maturation. COINOTAG reports that continued user collaboration, scheduled network deprecations and partnerships like the Beacon network will shape Binance’s next growth phase; users should monitor official Binance channels for updates.