Cryptocurrency Exchanges Received Record Visits in May
The flow of visits to cryptocurrency exchanges was really high last month. According to The Block, trading platforms received 638.2 million visits in May, a new record high. This is 108 million more visits than in January 2018, when the previous record was reached with 531.7 million visits.
Notably, users visited cryptocurrency exchanges last month a 20.4% more than in April.
In terms of platforms, the clear winner is Binance with 39.4% of the traffic, while US exchange Coinbase is the second with 19.1%.
The recent volatility in the crypto market, which has seen BTC and Ether hit new all-time highs (above and $60,000 and $4,000, respectively) to fall to the current $34,000 and $2,400, respectively, has attracted the interest of traders interested in making money with such price movements.