The largest cryptocurrency exchange Binance is at the final stage of negotiations on the purchase of the CoinMarketCap platform.
According to The Block, the exchange planspay about $400 million for the site. The deal is expected to take place this week. At the moment, the terms of the deal (except for the amount) remain unknown.
CoinMarketCap – one of the most popularcrypto aggregators. Over the past 6 months, the portal was visited by 207.2 million people. For comparison, over the past six months, the Binance exchange gained 113.8 visitors. CoinMarketCap traffic exceeds Binance traffic by 80%.
The Block informant reported that CoinMarketCap's traffic volumes were the main reason for the purchase.
Binance remains the most visited cryptocurrencyexchange with a 22% share of traffic. The exchange's closest competitor – Coinbase – owns about 21% of total traffic. Bitmex exchange ranks third with 11.8%.
Recall that this month Binance issued a debit card that allows you to directly pay for goods and services with cryptocurrency.
Based on materialswww.theblockcrypto.com