Coinbase is currently leading the pack in terms of active customers, according to the November 2018 research report from the Blockchain Transparency Institute.
The research shows that the actual active users on cryptocurrency exchanges are on the low end, with stats showing that four of the most active exchanges have just over 100,000+ active users on their list.
Coinbase surprisingly overtakes other big name exchanges with a figure of its daily active users currently at 422,000, a number that is impressive given the current state of the market.
Coming in second place is Binance with a not unimpressive 313,000 users. It comes as no surprise given the exchanges general popularity.
OKEx 105,000, and Huobi 101,000. Other exchanges on the crypto digital market have figures far below the average of 100,000. The report included 68 exchanges out of which the average daily active users standing at 27,000.
Coinbase coming out on top should be a surprise to no one, as the company has become the most recognizable name in crypto. And also given the current market conditions, exchanges are struggling to keep the customers they have.
It is generally optimistic to see these specific exchanges hanging on above 100,000 active users in this difficult time.