Share this article
Binance Expects to Earn From $800M to $1B This Year, CEO Says: Report
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
Updated Apr 10, 2024, 2:46 a.m. Published Dec 4, 2020, 5:46 p.m.
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year, as market uncertainty drives interest – and trading – in cryptos, CEO Changpeng Zhao told Bloomberg.
That’s up from about $570 million in 2019, according to the report.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
So far this year, the price of bitcoin, by far the largest cryptocurrency by market cap, has risen over 170% since the year started, and earlier this week set a new all-time high before giving back some gains. Exchange volumes have exploded as well.
Launched in 2017, Binance is one of the world’s largest crypto exchanges by trading volume.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Filecoin Declines 7%, Breaking Below $1.43 Support
The token now has support at the $1.37 level and resistance at $1.43.
What to know:
- FIL slumped from $1.48 to $1.38, breaking key support with an 85% volume spike
- The technical breakdown confirms a trend reversal from the December highs near $1.55.
Top Stories
