Binance Kullanıcıları Havale Maliyetlerinde 1,75 Milyar Dolar Tasarruf Etti
Investing.com — Global cryptocurrency exchange Binance has announced that users have saved approximately $1.75 billion in transfer fees thanks to peer-to-peer cryptocurrency transfers conducted on its platform.
From 2022 to 2024, Binance processed a volume of $26 billion in these transactions. This highlights the cost-effectiveness of using cryptocurrencies for international money transfers.
Money transfer transactions play a significant role in the global economy, with expectations to reach $913 billion this year. According to the International Monetary Fund, traditional remittance methods often come with high fees, which can sometimes soar as high as 15-20%.
In contrast, Binance’s data shows that the average amount of cryptocurrency remittance on its platform was $470 in 2024, indicating that users could save even more on fees compared to traditional financial channels.
According to World Bank data, the average cost for international fiat remittances stands at 6.65%. Free and instant cryptocurrency transfers through Binance Pay provide users with a more economical alternative.
Additionally, Binance’s records reveal that over half a million female users conducted more than $4 billion in domestic and international cryptocurrency remittances in just 2024. This underscores the role of cryptocurrencies in financial inclusion and empowerment.
Binance CEO Richard Teng stated that the company’s goal has always been to enhance global financial freedom. He emphasized that cryptocurrencies could offer financial tools and opportunities to underserved communities.
Teng noted that the $26 billion represents a small fraction of the global remittance volume, and he expressed that as more people realize the ability of cryptocurrencies to address the inefficiencies of traditional finance, increased usage of cryptocurrencies is expected.
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