The Exchange Benchmark ranks more than 160 global spot exchanges, aiming to bring greater transparency and accountability to digital asset exchanges. The report assigns AA - E grades to help identify the lowest risk venues in the industry.
London (17 February 2021) – CryptoCompare, a global leader in digital asset data, released its updated Exchange Benchmark, revealing the Top-Tier exchanges based on a comprehensive methodology assessing counterparty, operational, trading and security risks. The report ranks more than 160 global spot exchanges, aiming to bring greater transparency and accountability to digital asset exchanges. The Benchmark assigns AA - E grades to help identify the lowest risk venues in the industry.
Key findings:
Charles Hayter, Co-Founder and CEO of CryptoCompare said: “At a time of such tremendous growth of digital asset markets, it is of extreme importance to evaluate which exchanges are the most trustworthy. Our Exchange Benchmark, now the industry standard for ranking cryptocurrency exchanges, promotes transparency and maturity among trading venues.”
The report was released during a live webinar with Coinbase, Gemini, Kraken, Bitstamp, and TheBlock where they discussed what it takes to be a top-tier exchange.
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About CryptoCompare - https://data.cryptocompare.com
CryptoCompare is the global leader in digital asset data. Institutional and retail investors rely on the company for real-time, high-quality data spanning 5,000+ coins and 200,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.
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