Coinbase, Binance, and Kraken Take Top Three Spots in Updated Crypto Exchange Ranking

Source: AdobeStock / Koshiro

 

Major crypto exchanges Coinbase, Binance, and Kraken sit within the top three spots for that second quarter of the year, based on the ranking by Paris-based data provider Kaiko.

FTX.US, Gemini, Itbit, Bitstamp, CEX.IO, FTX, and Huobi complete their email list from the top ten crypto exchanges for that quarter.

Kaiko ranks the exchanges with different weighted composite of person scores for six criteria: governance, business, technology, data quality, security, and liquidity. The governance score receives the greatest weighting (30%) within the composite.

When compared to previous ranking, that was released in mid-The month of january, FTX, Binance, and Huobi have experienced the greatest ranking enhancements, boosted by their governance efforts. 

Particularly, Binance and FTX didn’t rank within the top in the last ranking.

Coinbase, Binance, and KuCoin possess the most liquidity one of the rated exchanges, while Itbit and Huobi possess the least liquidity one of the top.

Bay Area-based Coinbase is constantly on the top the leadership board, and stays the only real exchange having a “Triple-A Kaiko Exchange Rating,” meaning the exchange has registered a higher total score and individual scores which are all over the defined threshold.

Kaiko’s AA-rated group, that was formerly made up of Kraken, Gemini, and Bitstamp, has welcomed five new people, including Binance, FTX.US, CEX.IO, FTX, and BitBank.

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