Although most cryptocurrency exchanges do not transparently disclose their user numbers, it is possible to estimate their approximate user base by analyzing metrics such as trading volume, weekly visits, and active user ratios. According to official data from Binance, as of April 8, 2026, the platform has surpassed 314 million users.

“The following estimates are derived based on metrics such as Weekly Visits and trading volume. They are not official figures, but analytical estimates.”
📊 Estimated user numbers (sorted from highest to lowest)
Binance — 314.3M
Bybit — 50M
Coinbase — 45M
MEXC — 40M
OKX — 25M
KuCoin — 25M
WhiteBIT — 18M
Gate.io — 18M
Bitget — 15M
Upbit — 12M
HTX — 12M
LBank — 10M
KCEX — 10M
BingX — 10M
Kraken — 10M
Bitunix — 7M
XT.com — 6M
WEEX — 5M
BitMart — 5M
Toobit — 5M
Phemex — 5M
Bitstamp — 4M
Bithumb — 3M
CoinEx — 3M
Statistically, I observed that WEEX exchange’s user growth accelerated faster than average after the second quarter of 2025.
Additionally, I did not include local exchanges in the ranking. For example, according to CoinMarketCap data, Binance TR—ranked among the top 15 cryptocurrency exchanges globally—is a local Türkiye exchange and could easily be included in the list above in terms of user count.
