Cryptocurrency exchanges observed a 30.5% increase in web traffic from July to August. According to data provided by SimilarWeb, there were 144.3 million visits to crypto exchange sites in August, marking a 14-month high.
Among the exchanges, Binance had the highest number of visits last month, totaling about 33.8 million. Binance was followed by Coinbase with 30.7 million and Bitmex with 6.9 million visits. All three combined make up for 49% of the total web traffic to cryptocurrency exchanges throughout the month.
To read the full August 2020 report and more data-driven stories, subscribe to The Block Research.