Web traffic for cryptocurrency exchanges hit all-time high in May

Crypto exchange Web traffic hit a record high of 638.2 million visits in May, according to SimilarWeb data compiled by The Block. 

Share of web traffic crypto exchanges

Source: Similarweb, The Block Research

Traffic to crypto exchanges grew 20.4% in May compared to April's figure. May’s 638.2 million in crypto exchange traffic drew 108 million more hits than the last all-time high, which occurred in January 2018: 531.7 million hits. 

The crypto exchange receiving the most visits in May was Binance with 39.4% of the traffic, followed by Coinbase with 19.1%. 

Crypto exchange web traffic

Source: Similarweb, The Block Research

For more informational insights into the crypto space, visit The Block's Data Dashboard.