The estimation of the total number of visits to crypto-exchange trading platforms based on web traffic shows a decrease in the interest of users by an average of 50% over the last month. However, the drop in market activity stimulates a decrease in commissions in the bitcoin network.
Data from the online service for studying Internet traffic Similarweb show that the total number of visits to the sites of major crypto-exchange exchanges reached a maximum in December 2017 - January 2018. But in February, compared with the previous peak, web traffic fell by 50%.
Coinbase: December - 169.5 million visits, January - 123.5 million visits, February - 63.1 million visits. The fall by January - 49%.
Kraken: December - 33.4 million visits, January - 31.7 million visits, February - 13.8 million visits. The fall by January is 56%.
Binance: December - 101.5 million visits, January - 191.5 million visits, February - 87.3 million visits. The fall to the January high of 54%
Bitfinex: December - 59.3 million visits, January - 35.4 million visits, February - 18.1 million visits. The fall to the January maximum of 48%
The indicators of web traffic correlate with the dynamics of the decline of the bitcoin rate, as well as with the statistics of the Blockchain.info resource, according to which the number of confirmed transactions in the bitcoin network in February reached the minimums since March 2016. At the moment, this figure is 186 thousand transactions, which is still 2 times less than the December record 393 thousand.
The figures clearly demonstrate: in comparison with December and January, the market became less active. This contributes to a drop in the average commission value in the bitcoin network. Now the transaction fee is $ 0.183 - the minimum value for 14 months.