In 2024, Binance, the world's largest cryptocurrency exchange, reported a remarkable $21.6 billion in user fund deposits, significantly surpassing the combined deposits of the next ten largest exchanges by 36%. This figure represents a 40% increase compared to the total deposits of those exchanges. The average Bitcoin deposit on the platform rose from 0.36 BTC in 2023 to 1.65 BTC in 2024, while USDT deposits surged from $19,600 to $230,000, indicating a growing interest from professional and corporate investors. Binance also achieved a significant milestone by becoming the first centralized exchange to exceed $100 trillion in lifetime trading volume. The exchange's user base expanded to 250 million, further solidifying its dominance in the cryptocurrency market.