Chinese user survey report: Binance's penetration rate among Chinese crypto users reached 96.72%

On August 19th, Shenchao Techflow released the report "Decoding Chinese Crypto Users: Entering the Most Authentic Market Preferences, Trading Habits, and Industry Beliefs". According to the data collected from 2053 valid questionnaires, Binance has an outstanding competitive advantage in the competition of centralized exchanges in the Chinese-speaking community.
According to the results of the survey data, Binance is the most frequently used centralized exchange among the respondents, with 96.72% of the respondents choosing this option. In addition, 63.15% of the respondents stored their largest positions in Binance; 60.69% of the respondents received the highest profit in Binance; 68.24% of the respondents chose Binance's Launchpad platform when participating in new activities. Reflecting Binance's strong influence and user base in the Chinese crypto market.