Binance and Coinbase remain the most popular crypto exchanges

by in Cryptocurrency News

Binance Coinbase

Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits.

The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than 8% in January.

The team estimates that traffic has been declining over the past three months. In January, Internet users visited crypto platform sites a total of 427.6 million times. Compared to December, this figure fell by 8.3%.

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Compared to November last year, the attendance of exchanges decreased by almost 15%. Binance continues to hold the lead among trading platforms in terms of both the volume of transactions and the number of visits. This exchange accounted for 33.2% of the total traffic.

The second and third places were respectively shared between the platforms Coinbase and Bybit, which received 18.1% and 6.6% of the total number of visits in January. Slightly more than 5% of the traffic was received by the FTX and exchanges, the researchers emphasized.