It’s probably worth pointing out that thanks to ties, there are now nine members of the top five cryptocurrency exchange providers in PYMNTS Cryptocurrency Exchange Provider Ranking.
That, really, is indicative of the growth of the industry as crypto continues to go further and further mainstream.
PYMNTS’ report, “The U.S. Crypto Consumer: Cryptocurrency Use in Online and in-Store Purchases,” found that nearly 60 million Americans own or have owned crypto in the past 12 months.
However, the names of the top cryptocurrency app providers remain the same. Binance, Coinbase and Crypto.com once again share the top spot with perfect scores. And once again, virtually all of the app providers on the list are crypto exchanges.
The Top Five
Of those No. 1 winners, Binance is by far the largest, with 22 million weekly visits. Coinbase is next with nearly 2.2 million, and Crypto.com is just behind at almost 2 million.
Crypto.com kept its place in the top slot for a second consecutive month, having tied with Binance and Coinbase in April.
KuCoin, which fell out of the top five in April, muscled its way back in, jumping all the way to No. 2 from ninth position last month.
The Top 10
The Abra: Bitcoin & Crypto Wallet maintained a slot in the top 10 after last month’s rocket-like, 27-point rise with a solidly respectable sixth place, down one position. However, that also represented a 12-point drop from a score of 86 to a 74.
At No. 7, BitPay is the first non-exchange wallet on the list, a fairly high hurdle.
Last is the CEX.IO exchange’s wallet, which returned to the top 10 after a one-month hiatus.