Crypto trader Binance ranked among the largest cryptocurrency exchangers in the world in 2024, with trading volume that was about four times as high as Bybit or OKX. It should be noted that these figures are separate from platforms Binance.US, Binance TR, or Binance.KR. The platform from the Cayman Islands faced investigations from the U.S. SEC, which came to a head in November 2023. Binance did not rank as the most used cryptocurrency exchanges used by consumers in the United States. Binance's settlement with the U.S. In November 2023, Binance agreed to pay a four billion U.S. dollar settlement with United States agencies — one of the biggest corporate fines in U.S. history. The U.S. Department of Justice investigated the platform for years for failure to prevent money laundering and growing crypto theft. The company's founder and CEO Changpeng Zhao pleaded guilty to the charges, agreeing to step down. Zhao would remain as the company's majority shareholder. The U.S. Treasury announced Binance will be subject to five years of monitoring and “significant compliance undertakings, including to ensure Binance’s complete exit from the United States.” Mixed signals from crypto companies The Binance settlement occurred in a month when overall crypto trading volume recorded its highest numbers for all of 2023. One of the main causes is the sudden popularity of FTT, a token released by FTX — the company founded by Sam Bankman-Fried. The developments surrounding Binance caused investors to move away from Binance's stablecoin BNB to the stablecoin from FTX. Earlier in November 2023, however, Coinbase saw its shares fall after announcing its quarterly performance figures.
Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows Binance - one of the biggest crypto exchanges in the world - received lawsuits in the United States. Observations are also that the crypto market was quiet after April, citing a lack of a "strong overarching narrative". This contrasts with 2021 and 2022 when cryptocurrency dominated the news and many people sought fortune in the digital currency. Bitcoin developments Bitcoin's trade volume slowed in the second quarter of 2023, after hitting a noticeable growth at the beginning of the year. The coin outperformed most of the market. Some attribute this to the announcement in June 2023 that BlackRock filed for a Bitcoin ETF. This iShares Bitcoin Trust was to use Coinbase Custody as its custodian. Regulators in the United States had not yet approved any applications for spot ETFs on Bitcoin. Changes in Ethereum staking in 2023 Ethereum's trade volume changed in 2023 due to the rollout of the Shapella (Shanghai and Cappella) upgrade. The update allowed investors to withdraw (unstake) Ethereum deposited into the network. Staking can be somewhat compared to depositing money at a bank, where one would submit money to be held and gains interest as time goes by. Lido has the highest staking pool (a platform that allows for staking) in Ethereum, higher than major crypto exchanges Coinbase and Kraken. As of August 21, 2025, the 24h trading volume stands at ******.
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The cryptocurrency exchange market, encompassing platforms like Binance, Coinbase, and Kraken, is a dynamic and rapidly evolving sector. While precise market sizing data wasn't provided, industry reports suggest a substantial market value, potentially exceeding $100 billion in 2025, considering the significant transaction volumes and user base of major exchanges. A Compound Annual Growth Rate (CAGR) of, let's assume, 15% between 2025 and 2033, reflects the ongoing adoption of cryptocurrencies and the increasing demand for secure and reliable trading platforms. Key drivers include the rising popularity of cryptocurrencies like Bitcoin and Ethereum, the increasing institutional investment in the space, and the growing number of decentralized finance (DeFi) applications. Technological advancements, such as the development of faster and more efficient blockchain networks and improved security protocols, further fuel market expansion. However, the market faces constraints. Regulatory uncertainty across different jurisdictions poses a significant challenge, hindering widespread adoption and potentially limiting growth. Security breaches and scams remain a concern, impacting user trust and confidence. Increased competition among established players and the emergence of new entrants also create pressure on profitability and market share. Market segmentation is driven by factors such as trading volume, user demographics, and geographical location. The market will likely see a consolidation phase, with larger players acquiring smaller firms and focusing on innovation and regulatory compliance to maintain a competitive edge. The forecast period (2025-2033) anticipates significant growth driven by factors discussed above, though the rate will likely fluctuate depending on market sentiment and regulatory developments.
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Blockchain data query: Top 100 Makers of Kuru Exchange (CLOB)
The global user base of cryptocurrencies increased by nearly *** percent between 2018 and 2020, only to accelerate further in 2022. This is according to calculations from various sources, based on information from trading platforms and on-chain wallets. Increasing demographics might initially be attributed to a rise in the number of accounts and improvements in identification. In 2021, however, crypto adoption continued as companies like Tesla and Mastercard announced their interest in cryptocurrency. Consumers in Africa, Asia, and South America were most likely to be owners of cryptocurrencies, such as Bitcoin, in 2022. How many of these users have Bitcoin? User figures for individual cryptocurrencies are unavailable. Bitcoin, for instance, was created not to be tracked by banks and governments. What comes closest is the trading volume of Bitcoin against domestic fiat currencies. The source assumed, however, that UK residents were the most likely to make Bitcoin transactions with British pounds. This assumption might not be accurate for popular fiat currencies worldwide. Moreover, coins such as Tether or Binance Coin - referred to as "stablecoins"—are" often used to buy and sell Bitcoin. Those coins were not included in that particular statistic. Wallet usage declined Total crypto wallet downloads were significantly lower in 2022 than in 2021. The number of downloads of Coinbase, Blockchain.com, and MetaMask, among others, declined as the market hit a "crypto winter" over the year. The crypto market also suffered bad press when FTX, one of the largest crypto exchanges based on market share, collapsed in November 2022. Binance, on the other hand, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in November. As of 2025, the highest forecast for the global user base of cryptocurrencies is projected to reach *** million.
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Cryptocurrency Market Size 2025-2029
The cryptocurrency market size is valued to increase USD 39.75 billion, at a CAGR of 16.7% from 2024 to 2029. Rising investment in digital assets will drive the cryptocurrency market.
Major Market Trends & Insights
North America dominated the market and accounted for a 48% growth during the forecast period.
By Type - Bitcoin segment was valued at USD 7.57 billion in 2023
By Component - Hardware segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: USD 313.81 billion
Market Future Opportunities: USD 39749.40 billion
CAGR from 2024 to 2029 : 16.7%
Market Summary
The market represents a dynamic and rapidly evolving ecosystem, driven by core technologies such as blockchain and decentralized finance (DeFi), which have fueled the creation and adoption of various applications and service types. Notably, digital assets have gained increasing acceptance in the retail sector, with major companies like Microsoft, Starbucks, and Tesla integrating cryptocurrencies into their payment systems. However, the market is not without challenges, including the volatility of cryptocurrency values, which can impact investor confidence and regulatory uncertainty. According to Statista, the number of cryptocurrency users worldwide is projected to reach 223 million by 2022, underscoring the growing importance of this market.
Rising investment in digital assets and the potential for new use cases continue to present significant opportunities for innovation and growth.
What will be the Size of the Cryptocurrency Market during the forecast period?
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How is the Cryptocurrency Market Segmented ?
The cryptocurrency industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Bitcoin
Ethereum
Others
Ripple
Bitcoin Cash
Cardano
Component
Hardware
Software
Process
Mining
Transaction
Mining
Transaction
End-Use
Trading
E-commerce and Retail
Peer-to-Peer Payment
Remittance
Geography
North America
US
Canada
Europe
Germany
Italy
Switzerland
The Netherlands
UK
APAC
China
Japan
South America
Brazil
Rest of World (ROW)
By Type Insights
The bitcoin segment is estimated to witness significant growth during the forecast period.
Bitcoin, the world's largest cryptocurrency with a market capitalization of over USD470 billion, is a decentralized digital currency that operates on a peer-to-peer (P2P) network, bypassing the need for central authorities. Bitcoin's popularity is driven by its use of blockchain technology, which ensures secure, transparent, and immutable transactions through digital signatures and cryptographic hashing. The Bitcoin network faces scalability challenges, requiring ongoing improvements to transaction throughput and mining difficulty to maintain network security. KYC procedures and AML regulations are crucial for regulatory compliance, with exchange protocols implementing strict identity verification processes. Bitcoin's value is influenced by cryptocurrency volatility, with mining pools and consensus mechanisms like Proof of Work and Proof of Stake contributing to the creation and distribution of new coins.
Wallet security is paramount, with hardware wallets and cold storage providing enhanced security compared to software wallets. Decentralized exchanges and smart contracts, enabled by the Ethereum blockchain and public key cryptography, offer privacy protocols and zero-knowledge proofs to ensure secure transactions. The market is continually evolving, with ongoing activities and patterns shaping the landscape. Approximately 8% of Americans engage in cryptocurrency trading, with stablecoins like Tether, USD Coin, Binance USD, and DAI playing a significant role in the market. Despite its volatility, Bitcoin's impact on finance and technology is undeniable.
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The Bitcoin segment was valued at USD 7.57 billion in 2019 and showed a gradual increase during the forecast period.
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Regional Analysis
North America is estimated to contribute 48% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Cryptocurrency Market Demand is Rising in North America Request Free Sample
The market in North America is experiencing significant growth, driven by the presence of numerous market participants and innovative technological advancements in the region. The burgeoning demand for digital
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In March 2024 Bitcoin BTC reached a new all-time high with prices exceeding 73000 USD marking a milestone for the cryptocurrency market This surge was due to the approval of Bitcoin exchange-traded funds ETFs in the United States allowing investors to access Bitcoin without directly holding it This development increased Bitcoin’s credibility and brought fresh demand from institutional investors echoing previous price surges in 2021 when Tesla announced its 15 billion investment in Bitcoin and Coinbase was listed on the Nasdaq By the end of 2022 Bitcoin prices dropped sharply to 15000 USD following the collapse of cryptocurrency exchange FTX and its bankruptcy which caused a loss of confidence in the market By August 2024 Bitcoin rebounded to approximately 64178 USD but remained volatile due to inflation and interest rate hikes Unlike fiat currency like the US dollar Bitcoin’s supply is finite with 21 million coins as its maximum supply By September 2024 over 92 percent of Bitcoin had been mined Bitcoin’s value is tied to its scarcity and its mining process is regulated through halving events which cut the reward for mining every four years making it harder and more energy-intensive to mine The next halving event in 2024 will reduce the reward to 3125 BTC from its current 625 BTC The final Bitcoin is expected to be mined around 2140 The energy required to mine Bitcoin has led to criticisms about its environmental impact with estimates in 2021 suggesting that one Bitcoin transaction used as much energy as Argentina Bitcoin’s future price is difficult to predict due to the influence of large holders known as whales who own about 92 percent of all Bitcoin These whales can cause dramatic market swings by making large trades and many retail investors still dominate the market While institutional interest has grown it remains a small fraction compared to retail Bitcoin is vulnerable to external factors like regulatory changes and economic crises leading some to believe it is in a speculative bubble However others argue that Bitcoin is still in its early stages of adoption and will grow further as more institutions and governments recognize its potential as a hedge against inflation and a store of value 2024 has also seen the rise of Bitcoin Layer 2 technologies like the Lightning Network which improve scalability by enabling faster and cheaper transactions These innovations are crucial for Bitcoin’s wider adoption especially for day-to-day use and cross-border remittances At the same time central bank digital currencies CBDCs are gaining traction as several governments including China and the European Union have accelerated the development of their own state-controlled digital currencies while Bitcoin remains decentralized offering financial sovereignty for those who prefer independence from government control The rise of CBDCs is expected to increase interest in Bitcoin as a hedge against these centralized currencies Bitcoin’s journey in 2024 highlights its growing institutional acceptance alongside its inherent market volatility While the approval of Bitcoin ETFs has significantly boosted interest the market remains sensitive to events like exchange collapses and regulatory decisions With the limited supply of Bitcoin and improvements in its transaction efficiency it is expected to remain a key player in the financial world for years to come Whether Bitcoin is currently in a speculative bubble or on a sustainable path to greater adoption will ultimately be revealed over time.
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The blockchain in digital currency market is experiencing significant growth, driven by increasing adoption of cryptocurrencies, rising demand for secure and transparent transactions, and the development of innovative decentralized finance (DeFi) applications. While precise market size figures for 2025 are not provided, considering a typical CAGR for rapidly growing tech markets in this range (let's assume 25% for illustrative purposes) and a plausible base year value (e.g., $100 million in 2019), the market size could be estimated at approximately $570 million in 2025. This signifies substantial expansion from the base year and projects continued robust growth throughout the forecast period (2025-2033). Key trends include the increasing integration of blockchain technology into various sectors beyond cryptocurrency, the maturation of regulatory frameworks, and the rise of institutional investment. However, challenges remain, including regulatory uncertainty in some regions, scalability limitations of certain blockchain networks, and concerns about energy consumption and environmental impact. Leading companies like Bitcoin Suisse, BitGo, and others are actively shaping this market through technological advancements and service offerings, while the segmentation is likely diverse, encompassing wallet providers, exchange platforms, and infrastructure solutions. The continued growth of the blockchain in digital currency market is projected to be fueled by technological advancements, increasing user adoption, and the expansion of DeFi services. Factors such as the development of faster and more energy-efficient blockchain networks, improved user interfaces for cryptocurrency transactions, and the broader integration of blockchain into supply chain management and other industries will be vital to further market expansion. The competitive landscape, characterized by numerous companies offering varied services, will likely remain dynamic, with consolidation and innovation driving market evolution. The successful navigation of regulatory hurdles and the addressing of scalability and environmental concerns will be critical determinants of the long-term success of the blockchain in digital currency market.
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View daily updates and historical trends for Bitcoin Transactions Per Day. Source: Blockchain.com. Track economic data with YCharts analytics.
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View daily updates and historical trends for Bitcoin Average Transaction Fee. Source: Blockchain.com. Track economic data with YCharts analytics.
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If you're starting your cryptocurrency journey or switching to a smarter trading platform, now is the perfect time to discover WEEX — a fast-growing crypto exchange with powerful rewards for new users. By using the WEEX referral code TOPTOP, you can unlock a massive bonus up to 30,000 USDT and enjoy a 50% discount on trading fees.
This article walks you through everything you need to know about how the WEEX referral system works, how to claim your sign-up bonuses, and why TOPTOP is one of the most rewarding invite codes in the market today.
👉 Sign up now using the code TOPTOP to claim your bonus instantly
WEEX is a professional cryptocurrency exchange offering spot, futures, and margin trading with a focus on transparency, speed, and user security. It has quickly earned a reputation as a trader-first exchange, with features including:
Lightning-fast order matching engine
Competitive trading fees
Multi-layered wallet security with multi-sig protection
24/7 multilingual customer support
Regular bonus campaigns and trading competitions
Whether you're a beginner exploring crypto for the first time or a seasoned trader, WEEX provides a smooth and powerful trading experience backed by real incentives.
The WEEX referral code TOPTOP is an official invite code that new users can enter during registration to receive exclusive rewards. Once you apply the code and begin trading, you automatically qualify for:
Up to 30,000 USDT bonus (based on trading volume)
50% trading fee discount
These benefits are designed to lower your entry barrier and maximize your profit potential from day one.
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Unlike many crypto exchanges that offer unclear or delayed rewards, WEEX makes its promotions simple, transparent, and immediate. Here's why TOPTOP is your best choice:
Your bonus is calculated based on your first trading volume and deposited funds. The more you trade, the more you earn — with real, usable rewards added to your account.
Cut your costs in half. With volatile markets, trading fees can eat into your profits. TOPTOP gives you a long-term edge with discounted trades.
The referral code is automatically applied when using our official registration link. No manual entry required.
Step-by-Step Registration Guide:
Go to the official registration page:
👉 https://support.weex.com/en/register?vipCode=toptop
Enter your email or mobile number
Create a password and accept the terms
Confirm that the referral code TOPTOP appears in the field
Complete registration and begin trading
⚠️ Note: You must enter the referral code during sign-up. You cannot add it later.
Yes — 100%. The TOPTOP invite code is officially authorized by WEEX and promoted as part of their global growth program. It is safe, legitimate, and actively monitored by WEEX to ensure users receive their full rewards.
With millions of registered users across Asia, Europe, Latin America, and Africa, WEEX has quickly grown into one of the most trusted crypto platforms worldwide.
🔐 Secure Wallets with multi-sig and cold storage
📱 Mobile Apps for Android & iOS
🔄 Spot, Margin & Futures trading
📞 24/7 Global Support with real agents
🎁 Ongoing Promotions like fee rebates, trading competitions, and invite campaigns
Want to unlock the full 30,000 USDT? Follow these pro tips:
✅ Start trading as soon as you register
✅ Complete KYC to unlock all features
✅ Refer friends using your own invite link
✅ Monitor your Reward Center for real-time bonus tracking
✅ Use the 50% trading fee discount to increase trade frequency without extra cost
🔹 What’s the official WEEX referral code?
TOPTOP — enter it during sign-up to get up to 30,000 USDT + 50% fee discount.
🔹 Can I use the code after signing up?
No. Use this special link with the code pre-filled to ensure you don’t miss the bonus.
🔹 Is TOPTOP valid in all countries?
Yes. The code works globally, but check local regulations before trading.
🔹 Where can I confirm my code is active?
Go to your profile > Promotions tab. You’ll see confirmation of the code TOPTOP and any earned rewards.
Absolutely yes. Whether you're just starting or looking to optimize your trading fees, the WEEX referral code TOPTOP gives you a head start with huge rewards and reduced costs.
With up to 30,000 USDT in sign-up bonuses, 50% trading fee discounts, and an intuitive, secure platform, WEEX is your gateway to successful crypto trading in 2025 and beyond.
👉 Click here to join WEEX with the referral code TOPTOP and claim your bonus now
According to the Crypto Market Report conducted by Xangle on the leading cryptocurrency exchanges in South Korea, Bithumb generated 100 percent of its revenues in the first half of 2022 through transaction fees, while for Upbit this figure is around **** percent. Coinbase's share is notably lower with around **** percent of its revenue generated by these fees. This can be attributed to the company's strategy to diversify, with Coinbase introducing a subscription-based revenue model, including customer support services.
How many cryptocurrencies are there? In short, there were over ***** as of August 2025, although there were many more digital coins in the early months of 2022. Note, however, that a large portion of cryptocurrencies might not be that significant. There are other estimates of roughly ****** cryptocurrencies existing, but most of these are either inactive or discontinued. Due to how open the creation process of a cryptocurrency is, it is relatively easy to make one. Indeed, the top 20 cryptocurrencies make up nearly ** percent of the total market. Why are there thousands of cryptocurrencies? Any private individual or company that knows how to write a program on a blockchain can technically create a cryptocurrency. That blockchain can be an existing one. Ethereum and Binance Smart Chain are popular blockchain platforms for such ends, including smart contracts within Decentralized Finance (DeFi). The ease of crypto creation allows some individuals to find solutions to real-world payment problems while others hope to make a quick profit. This explains why some crypto lack utility. Meme coins such as Dogecoin - named after a Japanese dog species - are an infamous example, with Dogecoin's creator coming out and stating the coin started as a joke. The many types of cryptocurrency Meme coins are but one group of cryptocurrencies. Other types include altcoins, utility tokens, governance tokens, and stablecoins. Altcoins are often measured against Bitcoin, as this refers to all crypto that followed Bitcoin - the first digital currency ever created. Utility tokens and governance tokens are somewhat connected to NFTs and the metaverse. A specific example is the MANA cryptocurrency, which allows real estate purchases in the Decentraland metaverse. Stablecoins refer to the likes of Tether, which are pegged to a real-world asset like the U.S. dollar. Such coins are meant to be less volatile than regular cryptocurrency.
The Bitcoin (BTC) price again reached an all-time high in 2025, as values exceeded over 115,970.58 USD on September 14, 2025. Price hikes in early 2025 were connected to the approval of Bitcoin ETFs in the United States, while previous hikes in 2021 were due to events involving Tesla and Coinbase, respectively. Tesla's announcement in March 2021 that it had acquired 1.5 billion U.S. dollars' worth of the digital coin, for example, as well as the IPO of the U.S.'s biggest crypto exchange, fueled mass interest. The market was noticeably different by the end of 2022, however, after another crypto exchange, FTX, filed for bankruptcy.Is the world running out of Bitcoin?Unlike fiat currency like the U.S. dollar - as the Federal Reserve can simply decide to print more banknotes - Bitcoin's supply is finite: BTC has a maximum supply embedded in its design, of which roughly 89 percent had been reached in April 2021. It is believed that Bitcoin will run out by 2040, despite more powerful mining equipment. This is because mining becomes exponentially more difficult and power-hungry every four years, a part of Bitcoin's original design. Because of this, a Bitcoin mining transaction could equal the energy consumption of a small country in 2021.Bitcoin's price outlook: a potential bubble?Cryptocurrencies have few metrics available that allow for forecasting, if only because it is rumored that only a few cryptocurrency holders own a large portion of the available supply. These large holders - referred to as 'whales'-are' said to make up two percent of anonymous ownership accounts, while owning roughly 92 percent of BTC. On top of this, most people who use cryptocurrency-related services worldwide are retail clients rather than institutional investors. This means outlooks on whether Bitcoin prices will fall or grow are difficult to measure, as movements from one large whale are already having a significant impact on this market.
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In the fast-paced world of cryptocurrency, choosing the right exchange can make a big difference — not just in your trading experience, but in the rewards you receive from day one. If you're looking for a platform that offers both competitive features and a generous welcome bonus, look no further than LBank.
By signing up with the official LBank Referral Code: 4M2CO, new users can unlock up to 6,000 USDT in bonuses and enjoy a 50% discount on trading fees.
Let’s dive into how this referral code works, how to claim your bonus, and why LBank is becoming a top choice for traders worldwide.
The LBank referral code 4M2CO is a special promotional code that gives new users access to exclusive sign-up rewards when they register on the platform.
When you enter the code 4M2CO during registration, you become eligible for:
🎁 A welcome bonus of up to 6,000 USDT
💸 50% discount on trading fees
📈 Priority access to launchpads, airdrops, and special events
💼 The ability to earn passive income through referrals
👉 Click here to sign up and activate code 4M2CO
Claiming your bonus is fast and easy. Just follow these steps:
Go to the official registration page:
🔗 https://www.lbank.com/signup?icode=4M2CO
Fill out your email address or phone number, create a password, and paste the code 4M2CO into the "Referral Code" field.
To unlock your full bonus package, you’ll need to complete identity verification. This process takes only a few minutes.
Once your account is verified, deposit any amount and begin trading. Your bonus will be released in stages as you meet activity milestones.
The LBank sign-up bonus is designed to reward you for simply using the platform. Here's a detailed breakdown:
Action | Reward (USDT) |
---|---|
KYC Completion | 10 – 20 USDT |
First Deposit | Up to 1,000 USDT |
Spot Trading Volume Bonus | Up to 2,500 USDT |
Futures Trading Volume Bonus | Up to 2,500 USDT |
Referral Bonus (optional) | Extra USDT + points |
The bonus program is flexible and progressive, so the more you engage, the more you earn.
Founded in 2015, LBank is one of the most reputable crypto exchanges in the world. With over 9 million users across 200+ countries, it offers:
LBank uses multi-layer security protocols including cold wallet storage, anti-phishing protection, and two-factor authentication.
Available in multiple languages, supporting fiat on-ramp/off-ramp and accessible in most regions worldwide.
Over 800 cryptocurrencies listed
Spot, margin, and futures trading
DeFi staking, NFTs, and launchpads
A clean, fast, and feature-rich mobile experience with real-time market data, alerts, and referral tracking.
Feature | LBank | Binance | Bybit | KuCoin |
---|---|---|---|---|
Welcome Bonus | Up to 6,000 USDT | ~$100 USDT | ~$500 USDT | Varies |
Referral Code Simplicity | Just enter 4M2CO | Tiered structure | Invite link only | Manual process |
Fee Discount | Up to 50% | 10–25% | 20% | 10–15% |
Altcoin Support | 800+ tokens | 350+ | 400+ | 600+ |
Mobile Trading App | ✅ iOS + Android | ✅ iOS + Android | ✅ iOS + Android | ✅ iOS + Android |
🔎 Verdict: LBank consistently ranks among the top exchanges for new-user value and simplicity.
To get the most out of your bonus package, consider these strategies:
Trade both spot and futures — this helps unlock both bonus tiers
Make a decent initial deposit — bigger deposits = bigger bonus
Refer friends using your own referral code once registered
Join ongoing campaigns posted on LBank’s social media
Use the app daily for real-time updates and alerts
“I signed up with 4M2CO and earned 100 USDT bonus in my first week. LBank’s interface is fast and intuitive.” – Sophie, Germany
“Best mobile app I’ve used for trading crypto. The 6,000 USDT bonus is real and unlocked in tiers.” – Juan, Philippines
“As a beginner, I love LBank’s easy referral system. Code 4M2CO gave me a head start.” – Mohammed, UAE
Yes, the code 4M2CO is currently active and provides full access to the welcome bonus.
No. The referral code must be entered during registration.
Bonuses are credited automatically after you complete verification, deposit, and trading milestones.
Absolutely. LBank is one of the most secure and trusted exchanges in Asia and around the world.
Whether you're a crypto newcomer or a seasoned trader looking for a better deal, LBank offers unmatched value.
With up to 6,000 USDT in sign-up rewards, low fees, and an intuitive trading experience, LBank is the perfect exchange to begin or scale your crypto journey.
🎯 Use referral code 4M2CO at sign-up to activate your welcome package now.
Tesla made headlines in 2021 when it comes to buying Bitcoin (BTC), but the software company MicroStrategy held ********** their amount of the cryptocurrency. This according to an overview created by accessing what information was available from publicly listed companies, such as from their quarterly reports or filings. The figures provided are on how much Bitcoin the companies have bought and keep in their corporate treasury, essentially making cryptocurrencies part of their assets and that company's investment strategy. Two companies stand out in this list: first, Tesla announced in March 2021 it would accept BTC directly - Bitcoins paid for their cars would be retained as Bitcoin, and not converted from BTC to U.S. dollar. This is unlike other companies that accept Bitcoin as a payment method, like Microsoft, which uses a payment processor called BitPay to convert cryptocurrency to fiat currency. Second, there is Coinbase: One of the world's largest cryptocurrency exchanges amid a Bitcoin price surge, the U.S. company went public in April 2021 and was considered a potential blockbuster IPO.
Bitcoin's transaction volume was at its highest in December 2023, when the network processed over ******* coins on the same day. Bitcoin generally has a higher transaction activity than other cryptocurrencies, except Ethereum. This cryptocurrency is often processed more than *********** times per day. Note that the transaction volume here refers to transactions registered within the Bitcoin blockchain. It should not be confused with Bitcoin's 24-hour trade volume, a metric associated with crypto exchanges. The more Bitcoin transactions, the more it is used in B2C payments? A Bitcoin transaction recorded in the blockchain can be any transaction, including B2C but also P2P. While it is possible to see in the blockchain which address sent Bitcoin to whom, details on who this person is and where they are from are typically missing. Bitcoin was designed to go against monetary authorities and prides itself on being anonymous. An important argument against Bitcoin replacing cash or cards in payments is that the cryptocurrency was not allowed for such a task: Bitcoin ranks among the slowest cryptocurrencies in terms of transaction speed. Are cryptocurrencies taking over payments? Cryptocurrency payments are set to grow at a CAGR of nearly ** percent between 2022 and 2029, although the market is relatively small. The forecast is according to a market estimate made in early 2023, based on various conditions and sources available at that time. Research across ** countries during the same time suggested that the market share of cryptocurrency in e-commerce transactions was "less than *** percent" in all surveyed countries, with predictions being this would not change in the future.
Somewhat resembling developments of Dogecoin in early 2021, the market cap of Shiba Inu (SHIB) more than tripled in only a few weeks. This rapid growth especially occurred since September 2021, with the cryptocurrency breaking the ** billion U.S. dollar barrier multiple in the following month. Whilst no exact reason was given why the memecoin grew so fast during this time, the digital currency did become available on Coinbase, one of the world's most well-known crypto exchanges, on September 17. This move, and the fact that consumers in the U.S. and the UK overall tend to invest in crypto for fun or as a potential growth investment, might explain the popularity of the dog-themed coin. Indeed, Shiba Inu ranked as the number ** cryptocurrency in the world based on market cap in late October 2021 - closely behind DeFi-affilated like Uniswap (UNI) and Terra (LUNA).
The number of wallets on Blockchain.com, something that makes purchasing Bitcoin possible, reached over ** million wallet users in 2022. User figures for multiple cryptocurrency apps worldwide grew significantly in 2021, as is revealed when comparing download figures from the Coinbase, Blockchain Wallet, Crypto.com, BRD, Trust, Luno, Binance, Bitcoin Wallet, Bitcoin Wallet by Bitcoin.com, and Coinbase Wallet apps. How many people own Bitcoin? Exact user figures for Bitcoin are not available, but it is estimated that the global user base of all cryptocurrencies increased by nearly *** percent between 2018 and 2020. The increase in demographics might have been caused by both a rise in the number of accounts as well as improvements in identification. More accounts in exchanges or wallets became systematically linked to an individual’s identity, which made it easier to estimate the minimum user numbers associated with accounts on each service provider. Bitcoin wallets vary per country The figures provided cover Blockchain.com - a wallet available across several countries worldwide. However, the preferred app in each country varies significantly per individual region or country. Take, for instance, the United States: Coinbase reached a number of daily active users (DAU) in the United States that was over ** times that of Blockchain Wallet. This was different from Nigeria, where Coinbase had little DAU compared to an app called Luno - which already was the biggest cryptocurrency app in the African country before 2021.
The market cap of Ripple, or XRP, grew substantially in November 2024, after the results of the United States elections. At the beginning of 2024, the cryptocurrency had a market capitalization of around ** billion U.S. dollars. One year later, this had changed to *** billion U.S. dollars. The company Ripple faced charges in 2020 from the U.S. Securities and Exchange Commission (SEC), which led to a *** million U.S. dollar fine in August 2024 as the company was sentenced for violating investor-protection laws. The SEC appealed this decision, deeming the sentence too low. The results of the U.S. elections in November 2024, however, and the announced changes to the leadership of the SEC, made crypto investors believe that the case against Ripple Labs might be dropped in January 2025.
Crypto trader Binance ranked among the largest cryptocurrency exchangers in the world in 2024, with trading volume that was about four times as high as Bybit or OKX. It should be noted that these figures are separate from platforms Binance.US, Binance TR, or Binance.KR. The platform from the Cayman Islands faced investigations from the U.S. SEC, which came to a head in November 2023. Binance did not rank as the most used cryptocurrency exchanges used by consumers in the United States. Binance's settlement with the U.S. In November 2023, Binance agreed to pay a four billion U.S. dollar settlement with United States agencies — one of the biggest corporate fines in U.S. history. The U.S. Department of Justice investigated the platform for years for failure to prevent money laundering and growing crypto theft. The company's founder and CEO Changpeng Zhao pleaded guilty to the charges, agreeing to step down. Zhao would remain as the company's majority shareholder. The U.S. Treasury announced Binance will be subject to five years of monitoring and “significant compliance undertakings, including to ensure Binance’s complete exit from the United States.” Mixed signals from crypto companies The Binance settlement occurred in a month when overall crypto trading volume recorded its highest numbers for all of 2023. One of the main causes is the sudden popularity of FTT, a token released by FTX — the company founded by Sam Bankman-Fried. The developments surrounding Binance caused investors to move away from Binance's stablecoin BNB to the stablecoin from FTX. Earlier in November 2023, however, Coinbase saw its shares fall after announcing its quarterly performance figures.