Web traffic to cryptocurrency exchanges fell by over 14% in September

Cryptocurrency exchange web traffic dropped 14.6% from August to September, data from The Block Research shows.

August 2020 web traffic peaked at 144.3 million visits, a yearly high, while September saw 123.2 million visits. Despite the drop in visitors, September is still the second-highest web traffic month for exchanges in 2020.

The Block Research

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Binance held 28.9% — the majority — of web traffic visits at 35.6 million. Coinbase followed at 19.2% of web traffic, or 23.7 million. BitMEX saw 5.4 million, or 4.4%.

The Block Research

To read the full September report, subscribe to The Block Research

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.