The cryptocurrency exchange Binance has achieved a record low level of interaction with illegal wallets among leading centralized platforms. According to the company, the share of illegal transactions on Binance in June 2025 was only 0.007% of the total transaction volume, the lowest figure among major exchanges.
This is reported by Business • Media
Binance Demonstrates Leadership in Combating Illegal Transactions
According to research by Chainalysis and TRM Labs, since 2023, the volume of illegal activity on centralized exchanges has significantly decreased. The company’s press release states that these trends reflect the maturity of the industry, particularly in terms of regulatory compliance and increased transparency.
“As of June 2025, direct interaction with illegal wallets on the seven largest centralized exchanges accounts for only about 0.018%-0.023% of the total transaction volume, marking a historic improvement in AML (anti-money laundering) standards and crime detection,” the statement reads.
According to Chainalysis analytics, Binance’s rate of 0.007% is more than 2.5 times lower than the market average of 0.018%. An independent study by TRM Labs confirms similar results: on Binance, the share of illegal interaction is 0.016%, while on other leading platforms, this figure reaches 0.023%, approximately 30% higher.
Reduction of Illegal Activity as a Factor for Security and Development
From the beginning of 2023 to mid-2025, Binance has reduced its interaction with illegal wallets by 96-98%. This is 4-5 percentage points more effective compared to the other six largest centralized exchanges.
The company emphasizes that the reduction of illegal activity contributes not only to the protection of users and investors but also to the broader acceptance of cryptocurrencies. This creates a safer, more transparent, and regulated environment for the digital asset market.
Considering that Binance processes transactions exceeding $90 billion daily and around 217 million trades, maintaining a low share of illegal operations is a significant achievement for the platform and the entire crypto industry.
