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
While mainstream adoption still might be years away, the crypto industry has seen its popularity soar. From a niche industry to a $200 billion market, cryptocurrencies have reached heights few could imagine just a few years back.
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. The increased number of unique monthly visits are directly related to the growth Bitcoin, the world’s largest cryptocurrency, has seen this year.
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.
Binance gets 1,183,000 visits per day (up 13% in April)
Coinbase gets 930,000 visits per day (up 27% in April)
Both sites hit 7-month traffic highs in April.
No other crypto exchange gets more than 400,000 visits per day. pic.twitter.com/fDnabwbkk5
— Kevin Rooke (@kerooke) May 8, 2019
Data from SimilarWeb showed that Binance’s daily average traffic has gone up by 13 percent in April. With 1,183,000 visits, the Malta-based exchange saw its best month since its all-time high in October 2018. 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.