Chinese User Research Report: Binance's penetration rate among Chinese-speaking crypto users reaches 96.72%
ChainCatcher news, Deep Tide Techflow released the report "Decoding Chinese Cryptocurrency Users: Insights into the Most Authentic Market Preferences, Trading Habits, and Industry Beliefs." According to the data collected from 2,053 valid questionnaires, Binance has a significant competitive advantage in the competition among centralized exchanges in the Chinese-speaking community.
The survey results show that Binance is the most frequently used centralized exchange among respondents, with 96.72% selecting this option. Additionally, 63.15% of respondents store their largest positions on Binance; 60.69% of respondents achieve their highest returns on Binance; and 68.24% of respondents primarily choose Binance's Launchpad platform when participating in new token offerings. This reflects Binance's strong influence and user base in the Chinese cryptocurrency market.