CryptoCompare Launches Benchmark Rankings For Cryptocurrency Exchanges

Updated : 2019-06-12T20:34:14

Cryptocurrency data and indices provider CryptoCompare is working to make it easier to spot good, and bad, crypto exchanges.

Announced on June 12, the company has launched a benchmark ranking of over 100 active spot exchanges from across the globe, offering users a "comprehensive, granular and reliable source of information on the best trading venues."

The first analysis, based on exchange data for the period May 1–31, suggests the most trusted three exchanges are Coinbase, Poloniex and Bitstamp in descending order of ranking. bitFlyer, Liquid, itBit, Kraken, Binance, Gemini and Bithumb complete the top 10, again in descending order.