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Bitcoin-exchange traffic in August reaches a 14-month high

Bitcoin-exchange traffic in August reaches a 14-month high

Web traffic to cryptocurrency exchanges rose by 30.5% in August compared with July. Over the month, the SimilarWeb service logged 144.3 million visits to exchange sites, The Block.

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The figure rose to a 14-month high.

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\"Bitcoin-exchange

Source: The Block.

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The highest number of visits in August was for Binance — 33.8 million. Coinbase and Bitmex followed with 30.7 million and 6.9 million visits respectively.

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These three platforms account for 49% of the total web traffic to Bitcoin exchanges.

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Alongside the rise in visits, cryptocurrency trading volumes rose by 75% compared with July.

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Earlier, the previous web-traffic peaks for exchanges were recorded in May and June last year amid the Bitcoin rally.

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