CryptoCompare Launches New Benchmark Tool to Rank Exchange Legitimacy

Leading cryptocurrency data and indices provider CryptoCompare has today launched its new Cryptocurrency Exchange Benchmark.

In response to growing concerns around ‘fake volume’ and the accuracy of information coming from crypto exchanges, the new product ranks over 100 spot exchanges in an effort to provide users with granular, reliable data on the best trading platforms regardless of their reported volumes.

Using data for the month of May 2019, the report ranks exchanges according to seven criteria: geography; legal/regulatory; investment; team/company; data provision; trade surveillance; and market quality - using publicly available information.

Read more at Cryptoglobe

#Exchanges #TA #CryptoCompare

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