🔝Top 10 Most Trustworthy Crypto Exchanges as per Forbes
Forbes, a renowned media organization, has done an extensive survey listing Top 25 crypto exchange companies worldwide, ranking them on certain parameters like weighted score, BTC-ETH holdings, regulation, transparency, audit strength, cost and much more. Forbes conducted the survey on 200 crypto exchanges globally.
10. Gemini
At number 10 is Gemini, an exchange founded by Winklevoss Twins in 2015, who have made safety and security a key parameter for their customer service.
9. Deribit
At number 9 is Deribit, a prominent player in offshore derivatives with an overall weighted score of 5.5.
8. Bitget
Coming at number 8 is Bitget, a centralized cryptocurrency exchange established in 2018 and registered in Seychelles.
7. .Upbit
At number 7 is Upbit, a centralized cryptocurrency exchange, founded by Song Chi-hyung in 2017 in South Korea.
6. BitBank
At number 6 is Bitbank, a centralized cryptocurrency exchange established in 2016 and registered in Japan.
5. Robinhood
Robinhood continues facing scrutiny for its approach to investment with its current status as an “meme headquarters” owning $15 billion worth of DOGE coin alongside its new “dogwifhat” product addition to existing offerings Shiba Inu, PEPE and BONK.
4. Binance
Binance was founded in 2017 by Changpeng Zhao, a popular software engineer, investor, & an entrepreneur.
3.Bitstamp
A UK based, Global exchange with a significant presence in Europe.
2. Coinbase
The only major publicly-traded cryptocurrency exchange operating in the U.S. is Coinbase while its customers accept higher costs to attain perceived safety through their fees and transaction expenses.
1. CME Group
According to Forbes, it is $85 billion Chicago-based CME Group.
Final words
Cryptocurrency users must carefully select trusted exchanges due to the expanding crypto environment. The protection of your digital assets should become your primary concern because both hacking occurrences and market fluctuations have increase in frequency of late.
