RATE Group | Binance Falls From Top 10 in CryptoCompare’s New Crypto Exchange Rankings
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Binance Falls From Top 10 in CryptoCompare’s New Crypto Exchange Rankings

24 Nov Binance Falls From Top 10 in CryptoCompare’s New Crypto Exchange Rankings

Posted at 13:37h in Cryptocurrency News by

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London-based crypto data provider CryptoCompare has updated its crypto Exchange Benchmark, removing Binance cryptocurrency exchange from the list of the top 10 exchanges. Binance, the second biggest crypto exchange by daily trade volume to date, is not included in the CryptoCompare’s list as the rankings do not rely on aggregate volume data in its analysis, the firm said in a press release to Cointelegraph on Nov. 19.

In order, the top 10 crypto exchanges in CryptoCompare’s second Exchange Benchmark are: Gemini, Paxos’ itBit, Coinbase, Kraken, Bitstamp, Liquid, OKEx, Poloniex, bitFlyer and Bitfinex.

Binance was ranked seventh in the first Exchange Benchmark

CryptoCompare’s first Exchange Benchmark was published in mid-June 2019 with the purpose of ranking around 100 crypto spot exchanges worldwide.

At the time, the benchmark ranked Binance as the seventh top exchange, while Gemini, the top exchange of the just-issued Exchange Benchmark, followed Binance in eighth place….

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