Analytical agency Tokeninsight presented an updated quarterly rating of Bitcoin exchanges, which reviewed their progress over the past three months in difficult market conditions and identified the best trading platforms to date. This is reported by Bitcoin.com.
The exchanges were evaluated on such indicators as trading volumes, security and compliance with legal requirements.
According to the study, the first place in the ranking was assigned to the Binance exchange. It is followed by Coinbase Pro, Huobi, Bitfinex and bitFlyer. The sixth place was taken by the Bitstamp exchange, the seventh - KuCoin.
Analysts say that over the last quarter, the number of visitors decreased in almost all sites, with the exception of Bithumb. The South Korean exchange, whose traffic and cumulative rating increased, nevertheless, was only in 12th place in the ranking.
OKEx's ranking in 8th place was lowered, in particular due to the fact that the exchange “has repeatedly unilaterally changed its trading rules during our rating period, including data rollbacks and modifying its contract delivery rules”
In the case of the BCH hard fork, Okex delivered the last transaction price of BCH contract ahead of schedule at 16:05 p.m. on November 14, 2018 (GMT+8), and issued an announcement only one hour in advance, causing unnecessary losses to a large number of investors.
Hitbtc, Kraken and Kucoin exchanges were raised on the contrary, while Poloniex and Gemini were among the seven platforms that hit the report for the first time. Some exchanges, such as the Hong Kong Fcoin, received low marks due to questionable operations involving fictitious trading and pumping volumes.