Grades Are In! Take a Look To See The Latest Ranking of Crypto Exchanges

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Exchanges are held to very high standards by their users, they must gain trust and consistently provide exceptional service. Users on the exchanges are not the only people with whom they must maintain trust.  Regulatory standards are seemingly making their way out of the gray area and gradually into clarity. This has ultimately helped exchanges and their respective users progress alongside crypto projects without hastiness.

In response to this rapid growth and developments in regulations, organizations have formed to work within the community towards uniform standards and expectations. This helps exchanges provide secure and legitimate services to crypto companies and investors in the community alike. Before we jump to the results - it is important to understand the who, what, and why that led to the exchanges’ score. 

The Exchange Benchmark Report is delivered by CryptoCompare, which provides real-time data analysis of basically any data metric you would like to see from various blockchains as well as exchanges. Its website has an array of tools at its disposal to help keep you up to date on the market. CryptoCompare collabs with a handful of organizations that are also pioneering the crypto movement in security and implementation of regulatory standards. 

There are eight major categories that were analyzed to get the rankings of over 150+ exchanges that were ‘tested’. Each of these categories carries a certain amount of weight. CryptoCompare uses a very robust process in compiling the data for this report, as they explain a bit of their process below–

“We combine over 80