Richard Teng, the CEO of Binance alternate, has praised customers on the platform for his or her engagement and contribution to constructing the ecosystem. His appreciation was contained in a put up on X to have a good time Binance hitting the 280-million-user milestone.
Binance progress pushed by person adoption, neighborhood suggestions
Teng emphasised that Binance was past being simply an alternate for cryptocurrency transactions.
He mentioned it’s customers’ adoption that makes the alternate a drive to be reckoned with within the business. He defined that every person has their very own tales and causes for utilizing the alternate, and Binance acknowledges them.
280M customers | 280M tales | 280M explanation why we do what we do.
Each characteristic request, each piece of suggestions, each success story makes us higher.
This is not nearly crypto. It is about creating one thing greater than any one in all us may construct alone.
— Richard Teng (@_RichardTeng) August 27, 2025
Teng’s message is that the alternate’s evolution over the previous eight years is pushed by its neighborhood. The suggestions that Binance receives from customers has helped form the platform to make an affect within the broader crypto house.
The Binance CEO is motivating the neighborhood to proceed to collaborate with the alternate to place it as a worldwide powerhouse in finance, innovation and neighborhood empowerment.
Whereas the alternate continues to take suggestions from its neighborhood, it has additionally engaged in correct housekeeping.
Binance lately issued a discover to cease all help for the Neo Legacy Community starting mid-October 2025. It additionally notified the neighborhood of its choice to open buying and selling for CYBER/USDC, MAV/USDC and SKL/USDC buying and selling pairs.
Binance strengthens safety with Beacon community collaboration
Past its rapid ecosystem, Binance has proven curiosity in safeguarding the crypto house.
In collaboration with TRM Labs, the alternate is a founding member of the Beacon community, an initiative meant to forestall proceeds of stolen crypto funds from being cashed or laundered by malicious actors.
The transfer highlights Binance’s seriousness in tackling safety points within the crypto house. It’d encourage extra folks to embrace cryptocurrency as soon as they turn out to be assured of the protection of their funds.
Some such traders may resolve to turn out to be customers on Binance, additional growing their adoption figures.