Binance which has shown stellar growth in 2018 now has 51 million monthly visits from unique users according to the latest report released by BD Center. While the crypto market is in panic mode, Binance is maintaining its high growth rate.
Binance Exchange is the true poster boy of crypto business
BD Center, a digital marketing and consultancy firm, recently released a report which provided marketing analysis of leading cryptocurrency exchanges around the globe for a period between August and November 2018. According to the finding of the report, Binance has been one of the most successful crypto ventures and has successfully deployed its marketing strategies to gain maximum traction despite market meltdown. In all praise for Binance, the report states that,
“Binance Exchange turned out to be a huge success. Experts note that this exchange is the most successful unicorn startup in the history of crypto projects. In the last six months, Binance estimation of the market size was close to $ 2 billion. Moreover, the project is profitable. In a short period of time, the income of all cryptocurrency exchanges has grown rapidly. There is a huge number of cryptocurrency projects. Their investors expect to go to exchanges to receive profit or increase it”
The report analyzed over 30 most popular exchanges to come to the conclusion that Binance clearly stood out. The other exchanges, apart from Binance, that were included in the study were Okex, Huobi, Bitfinex, Upbeat, Zb.com, Hitbtc, Coinbase, Kraken, Coinex, Ibank, Bitforex, Bibox, Bit-z, Bitstamp, Bittrex, Bcex, Digifinex, Coinbene, Bitbank, Simex, Exx, Gate, Oex, Coinsuper, Topbtc, Poloniex, Wex, Gemini, Coinsbank. The study also included 4 other lesser popular exchanges such as Wcex, Radarrelay, Exmo, Ethfinex, latoken and others to provide a better conclusion.
The study also found Binance leading other exchanges in a variety of parameters with respect to its marketing strategies such as PR,