How do we list exchanges?
Coinranking distinguishes between two types of exchanges and markets: recommended and neutral.
Neutral exchanges
We arrange neutral exchanges according to their 24-hour trading volume. Exchanges with higher trading volumes are positioned higher on the list compared to others.
Recommended exchanges
These exchanges are ranked on the top first pages of our exchange list despite its 24-hr trading volume due to certain criterias that we have set. This can be read in the next section on "Recommended exchanges".
Note: If we encounter any exchanges that have suspicious volumes, we may either state a warning on the exchange page or penalize the exchange page on our website.
What is a Recommended Exchange?
These exchanges are tagged with a green tick symbol and are ranked at the top of our exchange list. This symbol signifies that they meet specific criteria we have established for recommended status.
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 for the 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.
The criteria is designed to ensure that only well-established and reputable exchanges with substantial trading volumes receive "Recommended Status" on Coinranking.com.