Binance Tops CoinDesk’s Exchange Benchmark Ranking
A total of 87 exchanges were assessed by CoinDesk Data during this process, with Binance in the leading position followed by Coinbase, Bitstamp and Kraken. Exchanges were evaluated across eight risk categories using over 100 metrics. These categories include KYC & transaction risk, security, market quality, transparency, and more.
This puts Binance's reputation even higher among the 270 million user base and the overall crypto community and solidified the #1 position.