What is a Recommended Exchange?

To help you choose the best exchange(s) for your trade, we distinguish between two types of exchanges and markets: recommended and neutral.

Criteria for Recommended Status

  • Reputation and Conduct: The exchange must have been operating without any bad reputation or being reported by trustworthy sources for being possibly insolvent, faking trading activity, or conducting any illicit activities for at least 3-5 years.

  • Minimum Daily Trading Volume: Only exchanges with a minimum of $100,000,000 in 24hr trading volume are eligible to apply for Recommended Status.

  • Maintenance of 24hr Trading Volume: Once an exchange is granted Recommended Status, they must ensure that their daily trading volume remains above $50,000,000.

  • Status Revocation: If any exchange with Recommended Status is proven to have less than $50,000,000 in 24hr trading volume for more than 1-4 weeks, Coinranking.com reserves the right to revoke the status immediately, pending further notice.

Bonus Criteria

  • Sponsored Exchange Clients: All of our Sponsored Exchange clients will be granted Recommended Status throughout the duration of their campaign period.

These updated criteria aim to ensure that only established and reputable exchanges with significant trading volumes are granted Recommended Status on Coinranking.com.

The inclusion of a maintenance requirement and the option for status revocation helps maintain the integrity of the Recommended Status over time. Additionally, the bonus criteria incentivize partnerships with Sponsored Exchange clients.

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