Hong Kong-based cryptocurrency exchanges Binance is adding a couple of million registered users every week, with 240,000 people signing up in just an hour on Wednesday, CEO Zhao Changpeng said in an interview with Bloomberg Television.
The news comes as Binance announced on December 10 that 5 Million Users have registered on the exchange.
Source: https://hype.codes/binance-adds-240000-users-one-hourIt shows the demand for bitcoin and crypto currency is still robust and even going stronger. It is just the bitcoin network issue that is bringing the price down. If the network issue can be taken care, there's no looking back.
Due to the exponential growth of bitcoin price it has raised quite a few alarms in the government's financial department as well as increased the popularity to manifold. That is reflecting in the numbers of new registration that binance has got. The only pain point is the scaling issue.