BINANCE TH celebrates its last year of successful operations with remarkable growth in Thailand’s digital asset market throughout 2024. The platform reports, during Feb – Dec 2024, 30X growth in trading volume with digital asset accounts increasing by 10X, reinforcing the company’s success in strengthening Thailand’s digital asset ecosystem.
Celebrating its 1st anniversary, the company held ‘Street of the Future’, presented by BINANCE TH by Gulf BINANCE event at Siam Square during 18-19 January 1025, to demonstrate and educate comprehensive digital asset knowledge to new generations and the interested public.
Nirun Fuwattananukul, CEO of Gulf Binance said “Our goals for 2025, Binance TH continue to focus on three core pillars: Security, Transparency, and Service Quality. These are crucial factors in fostering sustainable growth in Thailand’s digital asset industry. The past year has witnessed significant shifts with increasing digital asset adoption across many countries. Bitcoin, the world’s first digital asset, has become the 6th largest global financial asset, with a total market value exceeding $1.95 trillion USD [2], surpassing both the British Pound and Swiss Franc. This reflects the transformative trends in the financial and investment landscape, which presents abundant opportunities this year.”
Regarding BINANCE TH’s service performance over the past year, saw a 10X increase in Thai user account registrations, while trading volume surged by 30X [1] throughout the year. Retail investors in Thailand represented the largest proportion of traders.
When Bitcoin reached its All-Time High in November 2024 with a value exceeding $100,000, the digital currency market capitalization increased by 39.9%, reaching over $3 trillion, marking a significant milestone in the digital asset industry’s growth and highlighting its potential as a financial opportunity for everyone.
BINANCE TH’s 1st Anniversary Achievement Highlights:
BINANCE TH has experienced continuous user growth since its launch, demonstrating Thailand’s market potential in both growth and trading volume. The platform aims to increase digital asset adoption among Thai users from 12% in 2024. The PayFi trend serves as a key driver for Real World Assets (RWA), which will boost digital asset investment . Innovation at the Application Layer focuses on AI optimization and simplified onboarding to reach a broader user base. At the Financial Layer, the introduction of stablecoins and automated liquidity adjustments will reduce volatility and enhance efficiency, enabling seamless integration between traditional finance and crypto systems.
With over 350 coins available, BINANCE TH offers the largest selection of digital assets in Thailand across all categories. Digital currencies are increasingly integrated into various activities, notably in the growing development of Crypto-Based In-Game Economies.
Building Talent to Serve Ecosystem: BINANCE TH Academy collaborates with Thailand’s leading universities to integrate blockchain and digital asset education into curricula. Throughout 2024, the platform trained over 50,000 individuals through educational institutions, fostering a new generation of potential investors and upstream technology developers who play a crucial role in advancing the country’s Digital Economy.
Platform and Technology Advancement: BINANCE TH enhances its platform to serve Thai institutional investors by developing the Easy Buy/Sell trading feature, enabling direct trading of crypto assets and digital tokens.
Enhanced Platform Security and User Protection: BINANCE TH implements security policies and user protection measures on par with BINANCE’s global digital asset trading platform standards. The company has launched Face Verification technology, an advanced security feature designed to enhance safety and prevent financial misconduct. Additionally, BINANCE TH collaborates with Thai law enforcement to monitor and address cases of digital financial irregularities.
To mark the beginning of 2025 and welcome the bull market, BINANCE TH is inaugurating its first global-scale event in Thailand, ‘Street of the Future’ Presented by BINANCE TH by Gulf BINANCE. This landmark event provides everyone with access to world-class Crypto Currencies, networking opportunities, and comprehensive Web3 technology experiences through knowledge sharing, demonstrations, and various simulated experiences from leading partners.
“2025 will undoubtedly be a year of exciting opportunities for Thailand’s digital asset market. We aim to go beyond market growth and make this period an opportunity for everyone. ‘Street of the Future’ Presented by BINANCE TH by Gulf BINANCE is a starting point to prepare Thai society for the transition into a new financial era, where digital assets will become ‘global mainstream’ – enabling users to own asset value independently and transparently, while facilitating a complete transition to Web3.” Nirun added.
The two-day event combines educational content with lifestyle entertainment, featuring popular international projects like Moodengsol, Memeland, Lumia, and many other compelling game zones. Visitors can stay current with investment trends through special panel discussions featuring guest speakers, while BINANCE TH Academy will conduct workshops for aspiring traders. The event also includes a Meetup space simulating crypto payment environments, offering attendees hands-on experience with digital finance and blockchain technology.
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