Binance CEO Sees Higher Institutional Uptake for Crypto

The transcript discusses the rapid growth of the user base, particularly in recent months, with a significant increase in institutional adoption. Institutions and corporate treasuries exhibit unique buying patterns, often purchasing over extended periods without selling. The average account size is low due to many retail users, but large institutions contribute most of the volume.

What trend has been observed in the user base growth recently?

• A decline in retail users

• A rapid increase in the total user base

• A decrease in institutional adoption

• Stagnation in user growth

How do corporate treasuries typically approach buying?

• They buy in small amounts daily

• They buy over long periods and do not sell

• They buy and sell frequently

• They sell more than they buy

Which company is mentioned as influencing new buying patterns?

• Amazon

• Apple

• Tesla

• MicroStrategy

What is noted about the average account size?

• It is very high due to large institutions

• It is not calculated due to a long tail of small accounts

• It is consistent across all regions

• It is the same for retail and institutional users

How do large institutions impact the trading volume?

• They only trade in economically developed regions

• They contribute to the majority of the volume

• They have no significant impact

• They contribute to a small portion of the volume