PANews reported on January 8 that Binance released its 2024 annual report, showing the platform's remarkable achievements in user growth, trading volume, compliance and community building. In 2024, Binance's registered users exceeded 250 million, a year-on-year increase of 47%, institutional VIP users increased by 116%, and the average daily spot trading volume increased by 27%. The platform's custodial user assets exceeded US$160 billion for the first time, and the cumulative historical trading volume reached US$100 trillion. In terms of compliance, Binance successfully obtained regulatory licenses in 21 jurisdictions, preventing potential user losses of US$4.2 billion and assisting in the recovery of US$88 million in stolen assets. Binance Square has become the fastest growing crypto social platform, with 35 million monthly active users. At the same time, Binance has assisted 72,000 people through charity projects, and its education platform has served 44 million learners. Looking ahead to 2025, Binance will continue to promote the adoption and innovation of crypto assets around the world.