“We are honored that our products and services are recognized by our users and institutions as the best reward for our hard work. It also motivates us to continue innovating our products and services,” said Jay Hao, CEO of OKEx, “The industry has been growing rapidly over the year, while concerns and about information asymmetry and misconduct have increased at the same time. Therefore, we need institutions like CryptoCompare to bring transparent and objective data analysis to market participants. We strive to uplift the industry standard to be ethical, transparent, and self-regulated in order to promote the development of blockchain and cryptocurrency and eventually make a positive impact on our world.”
Launched in June 2019, CryptoCompare’s Exchange Benchmark has become one of the most commendable and professional rating report with freely available and objective methodology in crypto world. The evaluation framework of the CryptoCompare’s report contains 8 dimensions based on public information with different weights: legal/regulation, data provision, security, team/exchange, investment, trade monitoring, market quality, negative events penalty.
OKEx excels in all these 8 dimensions and was classified as a top-tier exchange by CryptoCompare. Other top ten exchanges in common include：itBit (1), Gemini (2), Coinbase (3), Kraken (4), Bitstamp (5), Liquid (6), Bitfinex (7), OKEx (8), bitFlyer (9) and OKCoin (10).
Source: CryptoCompare Exchange Benchmark Q4 2019
CryptoCompare is the global leader in digital asset data. Institutional and retail investors rely on the company for real-time, high quality data spanning 3,200+ coins and 150,000+ currency pairs.
By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.
For more information, please visit https://www.cryptocompare.com/external/research/exchange-ranking/.