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.
https://twitter.com/ICO_Analytics/status/1788212200357650655It 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?