Web Traffic for Major Exchanges to Decrease Double

Estimates of the total number of visits to the trading sites based on web traffic show a sharp decline
23 March 2018   237

After the peak of attendance of crypto exchanges, which occurred in December-January, in February, users began to visit them twice more rarely. The same level of attendance was observed in November 2017. This is reported by Bitcoin.com with reference to the data of the Similarweb service.

So, if in December, 169.5 million visits were recorded at the Coinbase, and in January -123.5 million, in February their number fell by 49% to 63.1 million.

Coinbase Traffic
Coinbase Traffic

The indicator of Binance sank by 54%: from 191.5 million to 87.3 million visits.

Binance Traffic
Binance Traffic

Bitfinex had a 48% decrease from 35.4 million in January to 18.1 million in February, although back in December the exchange had 59.3 million user visits.

Bitfinex Traffic
Bitfinex Traffic

Kraken lost more than a half of its traffic for one month - 31.7 million visits in January dropped 13.8 million in February.

Kraken Traffic
Kraken Traffic

According to experts, the decrease in attendance is due to a decline in activity in the crypto-currency market in early 2018. In addition, traffic data on exchange sites may be associated with a general decrease in the number of transactions in the bitcoin network.

Coinbase Acquires Earn.com Project

Earn’s co-founder and CEO will join Coinbase as the company’s first Chief Technology Officer
17 April 2018   156

On April 16, Coinbase cryptocurrency exchange has announced the acquisition of another startup they found promising. Earn.com is a projects which is developing an app which should allow senders to pay users in digital currency for replying to emails and completing tasks.

A week ago we reported about the launch of Coinbase Ventures, whose goal is to help the most compelling companies to flourish, and yesterday we found out that Coinbase buys the open source, decentralized application and wallet, Cipher Browser.

Coinbase and Earn collaborationCoinbase and Earn collaboration

Moreover, along with Earn.com acquisition, Coinbase also welcomed Earn’s co-founder and CEO, Balaji Srinivasan, who will join Coinbase as the company’s first Chief Technology Officer (CTO).

Over the last several years, the primary way most people have obtained cryptocurrency is through buying it, with many of these transactions facilitated by Coinbase. With this acquisition, we allow users to also earn crypto by doing things they already know how to do — like replying to emails and filling out surveys.
 

Earn.com announcement

For the users of Earn.com, everything will continue as before in the short term, with one exception as Earn.com has put the token launch on the back burner and plans to focus on integrating with Coinbase’s infrastructure and scaling up the service.