Forbes recently released a ranking of the world's most trusted cryptocurrency exchanges, assessing over 200 exchanges on criteria such as security, transparency, compliance, and trading costs. Below are the top ten centralized exchanges (#CEX ):
CME Group: Ranked first, as the world's leading derivatives market, CME Group offers a wide range of products such as futures and options, with its international average daily trading volume reaching a record 7.8 million contracts in 2024, a 14% increase year-on-year.
#Coinbase : Ranked second, as one of the largest cryptocurrency exchanges in the United States, Coinbase is known for its high liquidity and strict security measures.
#Bitstamp : Ranked third, Bitstamp is known for its long history and outstanding security measures, and is one of the top 15 exchanges in terms of global trading volume and liquidity.
#Binance : Ranked fourth, Binance is known for its extensive coin support, strong security, and high liquidity.
Robinhood: Ranked fifth, Robinhood attracts many users with its commission-free trading, especially popular among the younger generation.
Bitbank: Ranked sixth, Bitbank is a Bitcoin exchange in Japan, favored by users for its professional trading services and high security.
Upbit: Ranked seventh, Upbit is very popular in the Korean market and offers trading services for a variety of cryptocurrencies.
Bitget: Ranked eighth, Bitget holds an important position in the global market due to its contract trading volume and liquidity.
Deribit: Ranked ninth, Deribit has become the preferred choice for cryptocurrency options and derivatives trading due to its low fees, high security standards, and excellent customer service.
Gemini: Ranked tenth, Gemini is trusted by users for its strict security measures and compliance.
The inclusion of these exchanges not only reflects their outstanding performance in security, transparency, and compliance but also demonstrates their significant position in the global cryptocurrency market.
Do you think this ranking is reasonable? I think@Binance Labs should be ranked first? Share your thoughts!