Monthly web traffic to crypto exchanges fell by 20% in February

Web traffic across cryptocurrency exchanges decreased by 20.6% month-over-month in February, according to data from SimilarWeb.

Monthly traffic has been on the decline since November 2021, when the total of visits was 546.6 million. Last month, that number fell to 339.4 million.

The numbers include both spot and derivative trading.

Binance saw the majority of February’s crypto exchange web traffic (31,5%), followed by Coinbase (17.9%), Bybit (8.7%), FTX (4.9%) and Gate.io (4.0%).

For more must-read figures from around the digital asset space, read the February by-the-numbers breakdown by The Block Research’s Lars Hoffmann (Research subscription required).