The flow of visits to cryptocurrency exchanges was really high last month. According to The Block, trading platforms received 638.2 million visits in May, a new record high. This is 108 million more visits than in January 2018, when the previous record was reached with 531.7 million visits.
Notably, users visited cryptocurrency exchanges last month a 20.4% more than in April.
In terms of platforms, the clear winner is Binance with 39.4% of the traffic, while US exchange Coinbase is the second with 19.1%.
The recent volatility in the crypto market, which has seen BTC and Ether hit new all-time highs (above and $60,000 and $4,000, respectively) to fall to the current $34,000 and $2,400, respectively, has attracted the interest of traders interested in making money with such price movements.