Users on Binance Academy have increased by 62%. According to platform statistics, there will be a noticeable increase in people looking for crypto education between September 2022 and August 2023. This brings the total number of people utilising the platform to learn about blockchain technologies and cryptocurrencies since it launched in 2018 to an astounding 39 million.
The Metaverse, Bitcoin, crypto wallets, and candlestick chart analysis are some of the popular topics in crypto education right now. The most well-liked material has emerged as introductory pieces that explain ideas like trading cryptocurrency, comprehending blockchain technology, and using crypto wallets. According to Binance Academy, the rise in people seeking education in cryptocurrencies is consistent with the use of cryptocurrencies around the world.
It’s interesting to note that platform traffic to NFT-related issues has fallen, suggesting a decline in interest in NFTs. Attraction to cryptocurrency candlestick charts also points to a constant interest in trading and investing. The popularity of Metaverse-focused games like Roblox and well-known companies like Nike, Chipotle, Gucci, and Walmart creating their immersive experiences through partnerships with gaming platforms all speak to the attraction of the Metaverse.
Emerging economies like India, Bangladesh, Turkey, Ukraine, and Indonesia are the ones showing the most interest in learning about cryptocurrencies on the site.
People are looking for safeguards for their wealth because of high inflation and limited access to traditional finance, said Binance co-founder Yi He. “The solution is cryptocurrency. The education provided by Binance Academy is essential to people’s financial freedom as their need for knowledge about cryptocurrencies increases.
Notably, the platform’s influence extends to educational institutions in addition to individual users. The range of educational initiatives offered by The Binance Academy includes projects like Learn and Earn, University Outreach, and a Student Ambassador Programme. The platform has also worked with top online learning platforms, professional bodies, and industry alliances in response to the growing need for knowledge in cryptocurrency and blockchain. Over 15,000 students were drawn to collaborations with colleges, which also included planning seminars and educational activities in addition to developing curricula. They increased from 73 in 2022 to 180 in 2023, more than doubling.
“Crypto education is crucial in the rapidly changing field of digital banking. Universal education about cryptocurrencies is necessary to promote acceptance and improve financial independence and equity. I anticipate that more academic institutions will incorporate blockchain courses into their curricula, maximizing the potential of this technology and fostering industry expansion, Yi continued.
The platform’s offerings, which are available to users globally in more than 30 languages, include courses on blockchain, cryptocurrencies, Web3, over 1,000 tutorial articles, and a glossary.