Binance CEO Hails Major Milestone as 2025 Begins: Details

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As a seasoned crypto investor with over a decade of experience under my belt, I must say that the recent achievement by Binance of reaching 250 million users is nothing short of impressive. Having witnessed the evolution of the cryptocurrency market since its inception, I can attest to the fact that such a milestone was unimaginable even just a few years ago.

The growth and adoption of Binance are a testament to the potential of blockchain technology and the crypto industry as a whole. With Richard Teng’s vision of onboarding 1 billion users, I am optimistic about the future of cryptocurrency and its integration into mainstream finance.

In terms of my personal investment strategy, I always keep a close eye on Binance’s moves, and their latest futures listings and announcements regarding token monitoring and tagging have caught my attention. The launch of perpetual contracts with up to 75x leverage on GRIFFAINUSDT, AI16ZUSDT, and ZEREBROUSDT is an exciting development that I will be closely watching for opportunities.

However, as a cautious investor, I also pay close attention to tokens being added or removed from the Monitoring tag list, as they are subject to higher volatility and risk of delisting. In this case, the addition of StormX (STMX) and TROY (TROY) to the Monitoring tag list, along with the removal of Convex Finance (CVX), Sun (SUN), Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA) from the Seed and Monitoring tag lists, have piqued my curiosity.

All in all, I believe that Binance’s growth is a positive sign for the crypto market, and I am excited to see what the future holds for this trailblazing exchange. As they say, “The best is yet to come!” And just like the old saying goes, “Don’t put all your eggs in one basket,” so I always remind myself to diversify my investments and keep a watchful eye on market trends.

Oh, and as for the joke: “When Binance was only 100 million users, it felt like a drop in the ocean. Now that it’s reached 250 million, I guess you could say it’s swimming with the big fish!

To start off the New Year, Binance, the leading global cryptocurrency trading platform, has made a significant stride by reaching an impressive user count of 250 million. This milestone underscores Binance’s increasing impact and acceptance within the realm of digital currencies.

In a recent tweet, Binance CEO Richard Teng celebrated this achievement, stating, “What a year. We’ve hit an incredible milestone of a quarter billion users. A huge thank you to our amazing community for making this possible. Together, we’re one step closer to our vision of onboarding 1 billion users. Here’s to an even bigger 2025.”

What a year! We’ve hit an incredible milestone of quarter billion users.

A huge thank you to our amazing community for making this possible. Together, we’re one step closer to our vision of onboarding 1 billion users.

Here’s to an even bigger 2025!

— Richard Teng (@_RichardTeng) January 2, 2025

2024 turned out to be an exceptional year for Binance and digital currencies, as several hit all-time highs, one after another.

In response to reaching this significant milestone, the official Binance X account expressed, “Achieving 1 billion users symbolizes widespread acceptance. Today, we’re thrilled to announce that we have surpassed a remarkable step towards that goal: We now boast 250 million users, which is one-quarter of the journey.

Binance announcements

Starting off in 2025, Binance has unveiled fresh listings for futures trading along with other updates. One of these announcements revealed that Binance Futures will introduce perpetual contracts offering up to 75x leverage as follows:

1. GRIFFAINUSDT Perpetual Contract at 1:30 p.m. UTC on January 2nd.
2. AI16ZUSDT Perpetual Contract at 1:45 p.m. UTC on January 2nd.
3. ZEREBROUSDT Perpetual Contract at 2 p.m. UTC on January 2nd.

These new contract launches are aimed at increasing the variety of trading options available on Binance Futures and improving users’ overall trading experience.

Additionally, Binance mentioned in a separate notice that they plan to expand the scope of the Monitoring label to encompass more cryptocurrencies, while phasing out the Seed label for certain tokens as of January 2.

As a seasoned crypto investor with over a decade of experience under my belt, I’ve learned that keeping a close eye on the market is crucial to success. With that said, here are some changes I recommend for my monitoring and seed tag lists based on my personal observations:

1. Add StormX (STMX) and TROY (TROY) to my Monitoring tag list. StormX has shown promise as a decentralized exchange platform, while TROY is an intriguing project focused on privacy protection in the blockchain space. I believe these tokens have the potential for significant growth, so it’s essential to keep tabs on them.

2. Remove Convex Finance (CVX) and Sun (SUN) from my Monitoring tag list. While both projects were once promising, I’ve noticed a decline in their performance over the past few months. I believe they may not be as viable investment options at this time, so it makes sense to focus my attention elsewhere.

3. Remove Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA) from my Seed tag list. These projects were initially intriguing, but I’ve found that they have yet to deliver on their promises or show consistent growth. As a result, I no longer see them as viable investment opportunities at this time and prefer to allocate my resources elsewhere.

Staying nimble and adaptable in the ever-evolving crypto market is key to success, and these changes reflect my efforts to optimize my investment strategy based on current market conditions.

Tokens labeled as ‘Monitoring’ tend to exhibit greater price instability, undergo frequent evaluations and assessments, and may potentially be removed from the Binance exchange.

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2025-01-02 15:05