diff --git a/exporters/otlp/README.md b/exporters/otlp/README.md
index 6494e01349..812bb8e3c2 100644
--- a/exporters/otlp/README.md
+++ b/exporters/otlp/README.md
@@ -63,7 +63,7 @@ auto exporter = std::unique_ptr<sdktrace::SpanExporter>(new otlp::OtlpHttpExport
 
 | Option             | Env Variable                       | Default                         | Description                                                       |
 |--------------------|------------------------------------|---------------------------------|-------------------------------------------------------------------|
-|`url`               |`OTEL_EXPORTER_OTLP_ENDPOINT`       |`http://localhost:4318/v1/traces`| The OTLP HTTP endpoint to connect to                              |
+|`url`               |`OTEL_EXPORTER_OTLP_ENDPOINT`       |`http://localhost:4318`          | The OTLP HTTP endpoint to connect to                              |
 |                    |`OTEL_EXPORTER_OTLP_TRACES_ENDPOINT`|                                 |                                                                   |
 |`content_type`      | n/a                                | `application/json`              | Data format used - JSON or Binary                                 |
 |`json_bytes_mapping`| n/a                                | `JsonBytesMappingKind::kHexId`  | Encoding used for trace_id and span_id                            |