It's easy to find statistics on exchanges, like trade volumes that you can see on [CoinGecko](https://www.coingecko.com/en/coins/hive#markets) as well as the statistics @arcange collates such as how much Hive and HBD are held on exchanges. However looking at those, they don't answer the question of which exchanges are actually used by Hive users (as opposed to crypto speculators who may not even have a Hive account).

This is a topic I've [explored before](https://peakd.com/hive-133987/@demotruk/which-exchanges-are-actually-used-most-by-hivers), but a few months have past so it is worth looking at again, and also I was not too happy with either the query I used to collect that data nor the charts that it created in the end.

### Number of Depositors

First, here are two charts showing the number of unique accounts that make a deposit to each exchange, per month. The first chart is since the Hive/Steem hard fork in 2020, and the second is since the beginning of Steem in 2016.


![Number of Depositors to Exchanges on Hive per Month.png](https://files.peakd.com/file/peakd-hive/demotruk/23u6YyraYYeFpL7AKa82FCUSu31HKYR9JKhktxnYy4S5Faik6XxJpm2CDExLNPKy42vT3.png)


![Number of Depositors to Exchanges on Hive per Month (including Steem pre-fork).png](https://files.peakd.com/file/peakd-hive/demotruk/23viTPVmWEFKHHgdhpR9ymNwyWc5SxujEc69aZGtGXiwhDH3yihC4fzajviKiLCW6Dn3F.png)


As we can see, despite UpBit dominating Hive in trading volume, the number of accounts on Hive that ever interact with Upbit is small, and ever fewer since the split at the beginning. Instead Hive users prefer Binance, and increasingly in recent months Honey-Swap (the internal layer 2 DEX)  and Orinoco (Venezuelan OTC exchange).

### Number of Deposits

The following charts show the number of deposits made each month, since the 2020 fork and since the beginning.

![Deposits to Exchanges on Hive per Month.png](https://files.peakd.com/file/peakd-hive/demotruk/23viTbaMfB1MgBLLZqVUwhXp56tK7bU3qAvc3jxdLxfCFdo1cXGXcMqAdqbNwdS5AHwu5.png)

![Deposits to Exchanges on Hive per Month (including Steem pre-fork).png](https://files.peakd.com/file/peakd-hive/demotruk/23vsr8DroBXgG5tHuu43GCNqrNTJfwQ4RTJiQJtVajaEmb7jBGQJJxZcSL5GKm5nGjKEQ.png)

### Number of ~~Withdrawors?~~ Accounts making Withdrawals and Number of Withdrawals

For completion's sake, I will include a look at withdrawals but I expect they will show largely the same story as deposits.

![Number of Accounts Making Withdrawals from Exchanges on Hive per Month.png](https://files.peakd.com/file/peakd-hive/demotruk/23tcP5UCoPfQdsPLddnS1FEg9coSKhHepqjXMEK6Xc7Y2kyjwwRdyrDCZmtzeQFphptSc.png)

![Number of Accounts Making Withdrawals from Exchanges on Hive per Month (including Steem pre-fork).png](https://files.peakd.com/file/peakd-hive/demotruk/23tmmXSdNGCFY8LoYSfF1dfveAP4TLiJZRjSafbAwaHAUALmiik4HEws4jpD2RWKvDNaN.png)

Honey-Swap has much more accounts making withdrawals. This is likely due to the sheer number of airdrops on Hive-Engine. Far more users take small withdrawals due to airdrops than put money into the DEX.

![Withdrawals from Exchanges on Hive per Month.png](https://files.peakd.com/file/peakd-hive/demotruk/23tmmjqnK9renQPRSHESJFDy2WMMpuw21BibWFKm922mFfdKDducAeQN3p7J1LF9zXP9A.png)

![Withdrawals from Exchanges on Hive per Month (including Steem pre-fork).png](https://files.peakd.com/file/peakd-hive/demotruk/23twAKVLCyfpJ1wkM14ha9eqoqbCs8KfjPwe5oPMF3dfCsaYHXyXVkvkKR4inpyijLFRQ.png)

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Thank you for reading. I aim to keep track of every exchange, including the smaller, local OTC exchanges, but it's almost certain I have left some out here. Please let me know if there's an exchange I should add to the charts.