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Binance reports a 40% increase in user deposits totaling 21.6 billion USD

User deposits hit 21.6 billion USD: In 2024, Binance reported user fund deposits of 21.6 billion USD, a near 40% increase compared to significant competitors, showcasing the platform’s popularity among investors.

Surge in average Bitcoin deposits: Average Bitcoin deposits grew from 0.36 BTC in 2023 to 1.65 BTC in 2024, reflecting a 358% increase, indicating heightened enthusiasm for cryptocurrency investments.

USDT deposits soared significantly: USDT deposits escalated dramatically from 19,600 USD to 230,000 USD, highlighting a strong interest in stablecoins and a shift in investor sentiment towards cryptocurrency.

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