Two of the most popular cryptocurrency exchanges, Binance, and Coinbase, have both seen around 1 million unique daily visits in April, with many believing Bitcoin's latest price surge caused the websites' visits to jump 13 and 27 percent, respectively.
Over a million internet users visit Binance every single day.
Binance and Coinbase, two very popular crypto exchanges, are a testament to the increased popularity of digital assets.
Latest data has shown that both exchanges saw a significant surge in website traffic last month.
Kevin Rooke, a Toronto-based analyst, published a graph showing back-to-back website traffic for both Binance and Coinbase, which showed both websites saw a significant increase in visits.
The data didn't come as a surprise to much of the crypto community, as Binance is widely seen as being at the forefront of the industry.
As Binance is currently dealing with a serious hack that resulted in over $40 million worth of Bitcoin being stolen, its May website traffic could suffer.
The largest crypto exchange based in the US, Coinbase, saw a much bigger increase in website traffic than Binance.
The company recently announced that they had added Dogecoin to Coinbase Wallet, but is dealing with community backlash regarding the high fees and added tax of their Coinbase debit cards.
It is also possible that Binance and Coinbase both see significantly more visitors than Rooke's data suggests.
Binance and Coinbase see major spike in traffic as Bitcoin jumped in 2019
Published on May 13, 2019
by Cryptoslate | Published on Coinage
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