According to a recent report from Phoenix Group, Binance is the most visited centralized cryptocurrency exchange (CEX), followed by Coinbase and Bybit. Binance received 54.2 million visits last month, with high visitor engagement. Coinbase experienced a significant decrease in web traffic, while Bybit had the most activity per visit. HTX (formerly Huobi) and Kucoin saw increases in their web traffic, while Kraken and Gate.io experienced declines. Binance remains the most popular platform worldwide, but other exchanges are making their mark in developing markets. The competition for supremacy among CEXes continues to be intense.



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