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Everyone wants to buy low? Traffic and registration numbers on price chart website TradingView hit record highs

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Everyone wants to buy low? Traffic and registration numbers on price chart website TradingView hit record highs

With the outbreak of COVID-19 pandemic and the ensuing economic crisis sweeping global markets, the general public who are forced to stop work due to the epidemic or work remotely from home seem to be keeping busy. Pierce Crosby, General Manager of the well-known price chart website TradingView, stated that the platform's traffic and registration numbers have soared to historic highs.

Table of Contents

  • Most new users are interested in the trends of gold and stocks.
  • OKEx announced a partnership with TradingView in early April.

TradingView is a comprehensive financial analysis platform covering stocks, futures, forex markets, indices, commodities, and cryptocurrencies. Its features include charting tools, relevant news, community discussions, algorithmic trading, trading ideas, and more. Users who are involved in trading cryptocurrencies are likely familiar with this website.

Currently, TradingView is registering approximately 23,000 new users per day, which is more than double the number before the outbreak of the coronavirus in late February. According to traffic analysis platform Alexa's data, its website traffic ranking has risen from 313 to 197 over the past 90 days. 15.3% of its users are from the United States.

Source : alexa

During a live broadcast on blockchain media "The Block," TradingView's General Manager, Pierce Crosby, suggested that the surge in traffic may be related to the public's pursuit of new interests:

I think we're all part of the surge in internet traffic. With sports events suspended, bars and restaurants closed, and even Netflix shows watched in a day, what else can you do?

In fact, TradingView is not the only platform benefiting from this chaos. It was reported on the 13th that after various countries flooded the market with cash, there was an increase in Bitcoin trading and exchange users. Pierre Rochard, Bitcoin strategist at Kraken, pointed out that new users in March increased by 300%, all of whom were new users who had never held any cryptocurrency before.

Although Crosby mentioned in the interview that most new TradingView users are more interested in gold and stock price charts than cryptocurrencies, this does not mean that no one is paying attention to cryptocurrencies.

Crosby emphasized:

In terms of overall traffic statistics, cryptocurrencies still maintain a strong position.

TradingView is a platform that many traders rely on for their livelihood, so major cryptocurrency exchanges are eager to cooperate with it. OKEx announced a strategic partnership with the platform on Twitter earlier this month, integrating OKEx spot and futures trading data into TradingView and claiming that direct trading on TradingView will soon be possible.

Binance, the exchange that has been a hot topic this year, recently acquired Iskander Malikov, former COO of TradingView, to oversee fiat, European, and CIS businesses since February 7.