Crypto exchange traffic continued its growth streak in February

Crypto exchanges drew more than 400 million website visits during February, according to data tracked by The Block Research.

SimilarWeb shows February's figure -- some 431.98 million visits -- is higher than at any point since January 2018. Like January 2021's numbers, the February figure was boosted by elevated activity in crypto markets, with the price of bitcoin trading above $50,000 for the first time

Crypto exchange web traffic

Source: Similarweb, The Block Research

As has been the case in the past, Binance continues to gather the lion's share of Web traffic, accounting for 34.61% of February's volume, followed by Coinbase at 21.46%.

Share of web traffic crypto exchanges

Source: Similarweb, The Block Research