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Binance Wins Big: Named Best Crypto App at APAC Awards 2024

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  1. Binance earned the “Best Crypto App” title at the Sensor Tower APAC Awards 2024, cementing its leadership in the crypto space.
  2. The platform has facilitated over $100 trillion in trading volumes since 2017, with unmatched growth in Asia.
  3. Binance’s 2024 milestones include ranking as the most-visited crypto platform and being named Fortune’s No.1 Asia FinTech Innovator.

Binance has claimed the “Best Crypto App” title at the Sensor Tower APAC Awards 2024, standing out as the only cryptocurrency platform recognized in this category. This accolade underscores Binance’s commitment to innovation, accessibility, and industry dominance.

The annual awards showcase the best apps of the year, with rankings made on the bases of downloads, revenue, user interaction, reviews, and overall contribution.

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With over 225 million global downloads and a 4.8-star rating, the exchange has led the rankings of monthly active users since 2022. The exchange’s performance has been exceptionally strong in Asia, where there has been growth in Bitcoin and other cryptocurrency adoption.

Binance Achieved Record-Breaking Growth in 2024

2024 has been a revolutionary year for the exchange. The exchange has shielded $150 billion of crypto assets and has had over $100 trillion of trading volume registered on its books since its establishment. Bitcoin has broken record after record this year, and this has resulted in record app downloads for it.

According to Sensor Tower, the exchange has excelled as a comprehensive crypto solution, offering trading, staking, and educational tools. Donny Kristianto, Principal Market Insights Manager at Sensor Tower, highlighted the app’s dominance, stating:

It stands out as the premier all-in-one crypto solution for trading, staking, earning, and learning. With over 225 million downloads worldwide, it has earned an impressive average rating of 4.8 stars and has led the monthly active user rankings in its category globally since 2022, with particularly strong growth in Asia.

Driving Innovation in Crypto

Binance’s commitment towards security and user experience has been replicated on a global scale. The exchange’s performance has not been confined to app performance. Cloudflare has designated the platform as the highest-visited cryptocurrency website of 2024 and ranks as the sixth highest-visited global financial services website. Binance has also been designated by Fortune as the No.1 Asia FinTech Innovator for its contribution towards decentralized finance.

Binance Leads the Future of Crypto Finance

As the world shifts towards accepting digital assets, Binance continues to bridge traditional and decentralized finance. With its customer-oriented approach and relentless pursuit of innovation, Binance isn’t just a platform, but a force transforming the future of finance.

Gemini Sets Sights On Singapore: Ambitious APAC Expansion Amidst Regulatory Challenges

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Gemini Exchange, one of the prominent cryptocurrency exchanges in the United States, has announced its ambitious expansion plans in the Asia-Pacific (APAC) region. 

Despite the intensified regulatory environment in the US, Gemini remains undeterred and aims to establish Singapore as its APAC hub, with plans to increase its employee count in the city-state to over 100 within the next year. 

Additionally, the company plans to construct an engineering base in India to bolster its technical capabilities.

Gemini’s leadership team recently embarked on a global odyssey, exploring opportunities in APAC to fulfill the promise of cryptocurrencies. The company envisions APAC as a driving force behind the next wave of growth in the crypto industry. 

By expanding its presence in the region, the exchange aims to tap into the immense potential of the APAC market.

Gemini already made significant strides in APAC with the launch of support for the Singapore dollar in December 2020, enabling seamless access to cryptocurrencies for residents of the city-state.

Moreover, the exchange also supports the Hong Kong dollar and the Australian dollar, providing a comprehensive range of trading options for customers across the region. 

Gemini prioritizes security, ensuring that customer funds are protected by world-class security and storage systems.

India’s Engineering Excellence Fuels Gemini’s Growth

In addition to its expansion plans in APAC, Gemini is actively bolstering its engineering capabilities in India. In April, recognizing India’s tradition of engineering excellence, the company views the country as a hotspot for top-tier technology talent. 

With the imminent opening of its engineering center in Gurgaon, the exchange seeks to harness India’s expertise in advancing its mission to unlock the next era of financial, creative, and personal freedom through cryptocurrency and Web3 innovation.

The exchange’s engineering, design, and operations teams in India will play a pivotal role in developing next-generation web and mobile user experiences, enhancing core platform fundamentals, ensuring compliance, fortifying security, and facilitating seamless payments. 

Additionally, the India location will be instrumental in building new feature sets for Gemini’s NFT and crypto asset marketplaces. The products and features developed in India will cater to retail and institutional customers across 70+ countries.

Its expansion plans in APAC and the establishment of its engineering center in India reflect the company’s commitment to its international vision. 

By investing in global talent and resources, the exchange aims to shape the future of cryptocurrencies while empowering individuals with financial freedom. 

However, the company is actively recruiting software engineers, technical product managers, and various other key roles in Gurgaon to drive its mission forward.

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