Disenbit: Traffic on cryptocurrency exchanges decreased by 8% in January

The number of visits to the sites of centralized cryptocurrency exchanges has been declining for the third month in a row. In January, the traffic of popular trading platforms decreased by 8%.
According to Disenbit analysts, in January, the sites of centralized cryptocurrency exchanges were visited 427.6 million times – this is 8.3% lower than in December. In December, 466 million visits were recorded, and in November – 546.6 million. May 2021 remains a record – then users visited the sites of cryptocurrency exchanges 638.2 million times.

The Binance exchange remains the most popular – the share in total traffic for January at this site was 33.2%. At the same time, in July last year, the Binance website attracted 42% of the total number of visits. In second place is the American exchange Coinbase with a share of 18.1%, and in third place is Bybit with a result of 6.6% of the total traffic.

The reason for the decrease in the number of visits, obviously, was the fall of the cryptocurrency market. In January, the bitcoin exchange rate decreased from $48,000 to $33,000, and by the end of the month it was $37,500. At the moment, the market has recovered somewhat and BTC is trading at $43,500, according to Disenbit.