5 Biggest Crypto Companies in the World

4. Binance

Binance is a cryptocurrency exchange that is the largest in the world in terms of daily trades on the platform. The exchange offers crypto trades across spot, derivatives, and defi markets. The exchange has more than 30 million users. In 2017, when it was launched, it had just around 120,000 users. Nearly 29 million weekly visitors go to the Binance website and application. The daily trading volume on the application is close to $10 billion, the largest in the world. The company had a revenue of over $20 billion in 2021, per Bloomberg estimates. 

Binance has posted these incredible numbers despite the fact that it is banned in popular crypto regions like China, the United Kingdom, and Singapore. The firm plans to go public in 2024 and is targeting a valuation of around $300 billion. The closest competitor of Binance, the Coinbase exchange, is worth just $40 billion. Binance has been the largest cryptocurrency exchange in the world since 2018. Apart from Turkey, other countries with high traffic on Binance include Russia and Brazil.