What’s Causing The Decline In Web Traffic Of Most CEX Exchanges?
What’s Causing The Decline In Web Traffic Of Most CEX Exchanges?
Hey guys, I am pretty sure most people here trade BTC/ETH in CEX.. Many CEXs assure users about their funds by emphasizing strong security measures, a clean Proof of Reserves (PoR) record, and well-funded user protection programs.
Now I’m not completely saying that CEX is dead or something but a recent report from SimilarWeb shows that in April, some of the exchanges like Binance, coinbase, bybit and more, all seeing double-digit percentage decreases. But interestingly, Bitget and Gateio seem to be bucking the trend with increased traffic, particularly the former with an 11% surge.
It would be interesting to hear your thoughts on this. Are you seeing a similar trend in your use of exchanges? Do you believe CEXs can reverse this decline in web traffic?
I don’t think that they’re decreasing in percentage or volume or taffic, right now that we’re done with the halving and etfs here and there. Do you think that metric and stats are actually true? I don’t think so. Well, I might be the one who’s wrong here but I don’t think that these are important matters. With airdrops and launchpools that they’re introducing, everybody want to take their share with that so, with having this kind of analytics. There could be some bias on it with what you’re talking about as I have seen a lot of bitget shills in the forum.