Web traffic to cryptocurrency exchanges drops 8% in January

Web traffic to cryptocurrency exchanges decreased for the third month in a row as of January, according to data collected by The Block Research. 

Web traffic hits for crypto exchanges reached 427.6 million in January, 8.3% lower than December’s web traffic, which itself was 14.7% lower than in November. 

As further data from The Block Research shows, Binance comprised most of January’s web traffic volume at 33.2%. Coinbase and Bybit followed up with 18.1% and 6.6%, respectively.