Monthly web traffic to crypto exchanges fell by 20% in February
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Web traffic across cryptocurrency exchanges decreased by 20.6% month-over-month in February, according to data from SimilarWeb.
Monthly traffic has been on the decline since November 2021, when the total of visits was 546.6 million. Last month, that number fell to 339.4 million.
The numbers include both spot and derivative trading.
Binance saw the majority of February’s crypto exchange web traffic (31,5%), followed by Coinbase (17.9%), Bybit (8.7%), FTX (4.9%) and Gate.io (4.0%).
For more must-read figures from around the digital asset space, read the February by-the-numbers breakdown by The Block Research's Lars Hoffmann (Research subscription required).
AUTHOR
Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).
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