Interest in cryptocurrency exchanges on the Internet soared to a new high
According to SimilarWeb, the Internet traffic of cryptocurrency exchanges increased sharply in May.
According to The Block, in the last month, the websites of the trading platforms were visited by users of the World Wide Web more than 638 million times. This is a new high, the researchers note.
Interest in cryptocurrency exchanges on the Internet soared to a new high
Compared to April, Internet traffic of the exchanges in May jumped by about 20.4%. The previous maxim was recorded in January 2018, when the sites of crypto-exchanges were visited by Internet users 531.7 million times. Thus, traffic surpassed the January figure by 108 million visits.
The Binance and Coinbase platforms took the lead in this ranking. The first exchange attracted up to 39.4% of the total traffic. Coinbase accounted for 19.1% of total site visits to cryptocurrency platforms.
Note that May turned out to be a record month for crypto exchanges and in terms of trading volume for digital currencies.
According to the same team, The Block, the amount of transactions with bitcoin and other virtual coins exceeded $ 2 trillion. For four months in a row, the trading volume on non-crypto exchanges exceeded $ 1 trillion, which is undoubtedly a positive signal for the digital asset market, analysts say.
According to the same team, The Block, the amount of transactions with bitcoin and other virtual coins exceeded $ 2 trillion. For four months in a row, the trading volume on non-crypto exchanges exceeded $ 1 trillion, which is undoubtedly a positive signal for the digital asset market, analysts say.
The main engine of such a leap is a qualitatively new approach to solving problems with software, for example, according to the FX24 portal, the technology company TradeToolsFX technology has put a lot of effort into this.
FX24
Author’s Posts
-
Who to become: a trader, an investor or a manager?
Find out who is more profitable to be in the financial market: a trader, an investor or a manager. Comparison, pros and cons, foreca...
Sep 19, 2025
-
Trader's Rest: How to Reboot Your Brain and Maintain Concentration
South Goa for traders: the best beaches, excursions, attractions and tips on how to combine relaxation with trading. Tourism develop...
Sep 19, 2025
-
Cost of Living Index Explained: Definition, Formula, and Real-World Impact
Cost of living index explained: definition, formula, global comparisons, and why it matters for salaries, relocation, and investment...
Sep 19, 2025
-
From Data to Dominance: How CRM Empowers MetaTrader Providers to Master the Brokerage Game
From Data to Dominance: How CRM Empowers MetaTrader Providers to Master the Brokerage Game
...Sep 19, 2025
-
Preferred Shares: Features, Benefits and Risks for Investors
What are preferred shares? Features, advantages and risks. Examples from the USA and Russia. Find out whether it is worth adding "pr...
Sep 19, 2025
Report
My comments