{"id":13463,"date":"2024-05-13T17:28:10","date_gmt":"2024-05-13T14:28:10","guid":{"rendered":"https:\/\/forklog.com\/en\/russians-account-for-a-quarter-of-bybits-traffic-in-april\/"},"modified":"2024-05-13T17:28:10","modified_gmt":"2024-05-13T14:28:10","slug":"russians-account-for-a-quarter-of-bybits-traffic-in-april","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/russians-account-for-a-quarter-of-bybits-traffic-in-april\/","title":{"rendered":"Russians Account for a Quarter of Bybit&#8217;s Traffic in April"},"content":{"rendered":"<p>The cryptocurrency exchange Bybit <a href=\"https:\/\/u1f987.com\/en\/news\/russians-dominate-bybit-traffic-in-january\">continues to increase<\/a> its Russian traffic, reaching 25% in April, according to journalist Colin Wu.\u00a0<\/p>\n<p>Other platforms popular among Russians include Bitfinex with 10% of total traffic, Bitget and MEXC with 9% each, and OKX with 8%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/Ae0wW4NRBOlTaVZs5OPdNI-j_uEH0G1RNheHjfcDTlT610sQUgBoxd-kPu0EL6bgb9kKByLy19sxzFaMfpkZyGG_HTM9RvfHTXS80bPtCU8-q2SH6tnQJa8E3-Z84lH8ir5NmudLQH0NCd-GVNe6hW4\" alt=\"Russians Account for a Quarter of Bybit's Traffic in April\"\/><figcaption class=\"wp-element-caption\">Data: Wu Blockchain.<\/figcaption><\/figure>\n<p>HTX saw 7% of its visits last month coming from Kazakhstan.<\/p>\n<p>The largest share of visitors from the US was recorded on Coinbase at 60% and Crypto.com at 32%.<\/p>\n<p>Significant portions of Binance&#8217;s traffic came from Argentina and Turkey at 6% each, and Vietnam at 4%.\u00a0<\/p>\n<p>Overall, the traffic to major exchanges&#8217; websites decreased by 22% compared to March. Bitget led in growth with an 11% increase, while KuCoin experienced the largest decline at 39%.<\/p>\n<p>Spot trading volume on major exchanges fell by 37.9%.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/9MNhvBwCe-EuZF8RJhmTtnj9lSDfai5wAyz9_ys1eQz3kSmpk3fJt0wXn35878Zy2QRcRL-2xOcMDduH7jQLO-l6i25st_OEpwAvao1dCZs2QPMrqCD9X_C_L8ALTtFVXmc9Qdn2hTNdScyHMHrpMeI\" alt=\"Russians Account for a Quarter of Bybit's Traffic in April\"\/><figcaption class=\"wp-element-caption\">Data: Wu Blockchain.<\/figcaption><\/figure>\n<p>Futures trading collectively dropped by 1.4%.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/I2HDjAUMhhx7fJOILb-E8GsbNjSc192xwMKKaokk-ZBmqJpsNthZsQXXljDJm8_J1rtFQKUkFGzxOf6nCHVP-et0yI3spBKJkUi-5cVxddp1sbTQdpnbSwdpYauON6G0qTjVm6PbQSXfDMRGQBH32j8\" alt=\"Russians Account for a Quarter of Bybit's Traffic in April\"\/><figcaption class=\"wp-element-caption\">Data: Wu Blockchain.<\/figcaption><\/figure>\n<p>According to CCData, the combined volume of spot and derivatives cryptocurrency markets in April fell by 43.8% to $6.58 trillion, following a record high in March of $9.12 trillion.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bybit continues to increase its Russian traffic, reaching 25% in April, according to journalist Colin Wu.\u00a0 Other platforms popular among Russians include Bitfinex with 10% of total traffic, Bitget and MEXC with 9% each, and OKX with 8%. Data: Wu Blockchain. HTX saw 7% of its visits last month coming from Kazakhstan. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1151,1166,153,27,958],"class_list":["post-13463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bybit","tag-centralized-exchanges-cex","tag-kazakhstan","tag-russia","tag-trading-volume"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13463"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13462"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}