Global web traffic on crypto exchanges saw a 13% increase in July vs June 2020. Binance, the largest crypto exchange by volume, dominated in traffic globally.
The report also reveals that centralized crypto exchanges added 26% in web traffic by July 2020 since December 2019.
Decentralized exchange (DeFi) Uniswap dominated the DeFi web traffic with over 1.4 million visits in July. Uniswap is the 9th largest DeFi environment in total value locked.
Below is a breakdown of the July 2020 traffic visits:
- Binance – 24.9 million
- Coinbase – 22.5 million
- BitMEX – 6.9 million
- OKEx – 6.7 million
- Indodax – 5.4 million
- Bithumb – 4.4 million
- Kraken – 4.4 million
- Zb Com – 4.2 million
- UpBit – 4.0 million
- Huobi – 3.6 million
- Bittrex – 3.2 million
- KuCoin – 3.2 million
- YoBit.net – 3.1 million
- BitFinex – 2.5 million
- Exmo – 2.4 million
- Crypto.com – 2.3 million
- ByBit – 2.0 million
- Poloniex – 2.0 million
- Bitstamp – 2.0 million
- ConsBit – 1.8 million
The above listing is also a good inidicator of exchange credibility on the market. Binance is no doubt leading in the space and the traffic to the exchange is proof of its reliance and trust when it comes to crypto trading.
Across Africa, Binance is growing in popularity and its expansion and service offerings into new and growing crypto markets like Kenya, Nigeria and South Africa is likely going to cement its position as a go-to exchange of choice for many.
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