Market volatility in November led to a significant influx of users to cryptocurrency exchange sites. The number of visits was 546.6 million, of which more than 55% went to only two exchanges.
According to analysts of The Block Research, in terms of the number of visits to the sites of cryptocurrency exchanges, November (when bitcoin reached $ 69,000) was second only to May, but already surpassed April with a maximum bitcoin of about $ 65,000. recorded an annual minimum of 319.3 million.
Among the exchanges, Binance remains the leader, the site of which attracted 34.4% of visitors. And this despite significant pressure from various regulators this summer, as well as the introduction of mandatory user identification. In second place is the American exchange Coinbase with a result of 19.7% of visits. Thus, only two exchanges attract more than half of the world’s traffic, and with Binance US adding 1.2%, more than 55%.
How noted
The Block Research analyst Lars Hoffmann (Lars Hoffmann) the influx of US customers allowed KuCoin and Bybit to take 3rd and 4th places in the ranking. They attracted 5.5% and 5.2% of users, respectively.
Earlier, the Central Bank of the Russian Federation reported that Russians are among the most active participants in the cryptocurrency market. According to the regulator, the Russian Federation is among the leaders in terms of the number of citizens’ visits to cryptocurrency exchanges.
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