Coinbase to Increase Daily Trading Volume to $25k

This and another update will be available to US residents in the coming weeks
09 August 2018   1117

The American company Coinbase announced the forthcoming launch of the instant trading option for users who replenish the dollar deposit by bank transfer. The trading limit on the exchange will be increased to $ 25,000.

Note that updates will be available to US residents in the coming weeks. The company also promised to make new options available to users from other countries in the future.

Coinbase to be Ranked 1st at New CryptoCompare's Rate

New exchange's benchmark is designed to combat fake trading volume on unregulated exchanges
13 June 2019   178

Analytical service CryptoCompare has launched a rating system for more than 100 platforms for the spot cryptocurrency trading. According to service representatives, it should be a comprehensive, detailed and reliable source of information, and meet the industry’s demand for data transparency.

CryptoCompare combined methods of quantitative and qualitative analysis. The system does not take into account the total trading volume, but the ratio of volume and volatility in combination with the standard deviation of volumes based on more than 30 metrics. In theory, this will help to deal with the problem of fake trading volume on unregulated exchanges.

After analyzing the data for May, the service assigned the first place to the Coinbase, and the top three were closed by Poloniex and Bitstamp. Top 10 also includes BitFlyer, Liquid, itBit, Kraken, Binance, Gemini and Bithumb.

It is noteworthy that this rating is somewhat different from the list of trusted exchanges of Bitwise Asset Management, which in March reported to the US Securities and Exchange Commission (SEC) about the problem of fake trades. Thus, Bitwise considers Bittrex and Bitfinex to be reliable, but they are not in the top ten from CryptoCompare - instead of them, South Korean Bithumb, which was hacked twice during the year, and Liquid, which announced the upcoming listing of tokens Gram, which supposedly don't know anything about in Telegram .