[AlexanderRowParticipant]

Image / Coinmarketcap started ranking exchanges with a score, what do you think about this?

[longonbtc]

It’s meaningless. And coinmarketcap is owned by Binance. Of course they’ll rate Binance #1

[in10cityy]

What a joke. Give themselves a 9.9 to avoid the backlash of giving themselves a perfect 10, then go on to rate crypto.com as a 5, below multiple exchanges I’ve personally never heard of

[ivhano7]

I remember FTX being 2nd. This score doesn’t mean a sh*t. 😉

[DfFroN]

Insert Obama presenting medal to himself meme

[castorfromtheva]

Why visit this shitcoin promoting site at all?

If at all I rather prefer https://coinmarketcrap.co/

[Hot_Engine_7272]

It’s been like this for years

[Ygmtygh]

Based on???😂😂😂

[Bitcoin_Maximalist]

KuCoin is on the brink of bankruptcy by the way x-D

[victhorski]

A high score will only be meaningful until the point where that exchange fails anyway and you lose your funds

[Blex98]

Coinmarketcap is owed by Binance and of course Binance is nr. 1. I would take it with a grain of salt.

[NefariousnessSome945]

All I see is a list of the companies that are going to file for Chapter 11 bankruptcy in the next weeks/months/years/decades

[SegheCoiPiedi1777]

Lol Kraken 7.7 when it has always been the one with focus on transparency and showing proof of reserves since 2014. Coinbase 8.0 when it is listed on US stock exchanges, so under much stricter regulation than Binance itself. Binance 9.9 is just the cherry on this shit cake. Nothing to do with the fact that the website is owned by Binance, I suppose.

[Rabimaster]

I much prefer CoinGecko https://www.coingecko.com/

[505hy]

This is so corrupt it hurts. Coinmarketcap owned by Binance ranks Binance as number 1.

[AlexanderRow]

“CoinMarketCap ranks and scores exchanges based on the following: Web
Traffic Factor; Average Liquidity; Volume, as well as the Confidence
that the volume reported by an exchange is legitimate. Weights are
assigned to the above-mentioned factors and a score from 0.0 to 10.0 is
given to the Spot Exchange.”

[Author]

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