New CryptoCompare Research Assesses Top Performers Among Crypto Exchanges
Cryptocurrencies data and indices provider CryptoCompare’s new research shows which cryptocurrency exchanges perform best.
To prepare the ranking of cryptocurrency exchanges, CryptoCompare analyzed data collected between May 1 and May 30 of the current year, considering a series of key components such as geography, legal and regulatory assessment, investment, company quality, data provision and market quality, and trade surveillance.
Top performers are reportedly located in the United States, South Korea, and Japan, while Malta is underperforming in its resident digital currency exchanges. CryptoCompare states in the report that those trading platforms that reside in jurisdictions with stricter regulations tend to perform better.
Out of the ten leading cryptocurrency exchanges in terms of the aforementioned metrics, Coinbase leads the list and is followed by Poloniex and Bitstamp. Binance, the world's leading cryptocurrency exchange in terms of adjusted trading volume, is ranked 8th. Binance plans to halt U.S. operations in September, as Cointelegraph previously