NEW: Richard Teng says Binance marks nine years tomorrow with 323 million users and a goal of reaching 3 billion.

What happened

Binance marked its ninth anniversary, reporting 323 million registered users and announcing a goal to grow its user base to three billion.

Confirmed

Global impact / market context

A three‑billion‑user target shows Binance wants to become the dominant crypto exchange, which could raise its trading fee income and encourage more people to use digital assets.

Confirmed

The crypto market is expanding as investors look for alternative assets, and large platforms like Binance provide the online tools and services that let users buy, sell and store cryptocurrencies.

Confirmed

What to watch

1. How quickly Binance can add new products, such as additional trading pairs or staking services, will affect its ability to attract more users and increase fee revenue. Confirmed
2. Regulatory actions in key countries could limit Binance’s services or raise compliance costs, influencing the pace of its user‑growth plan. Confirmed
3. Responses from rival exchanges, including price cuts or new features, will determine whether Binance can keep its market share while pursuing the three‑billion‑user goal. Confirmed

Evidence

• x.com