How do you rate the unknown? Based on the data you have collected. This is where ICORating, a rating agency which has been collecting and monitoring data since 2016, has an update for everyone.
ICORating recently ranks Huobi, Kraken, and BTCTurk as the top 3 centralized exchanges. They are all rated A+ — meaning these exchanges are safe, reliable, and away from potential vulneralibities. If you would like to sign up with a “secure” exchange to protect your tokens, these are the note-worthy exchanges.
In fact, this data is not pulled out of thin air. It comes through the execution of “General Security Rating” — a mechanism which takes into account several security parameters like current hacks (if any), user account security, web protocols, and so on.
Every parameter of the centralized exchanges are analyzed, rated, and then the cumulative results graded from A+ to C-.
The entire list can be accessed here: https://icorating.com/exchanges/centralized/
Top 10 centralized exchanges from the list:
- Huobi (A+)
- Kraken (A+)
- BTCTurk (A+)
- Cobinhood (A)
- Vebitcoin (A)
- Poloniex (A-)
- BitMEX (A-)
- Bitfinex (A-)
- BitMart (A-)
- Bitlist (A-)
More stats:
- 2% of the exchanges received A+ ratings
- 13.6% of the exchanges received A and A- ratings
- 56% of exchanges received B+, B or B- ratings
- 28% of exchanges received C+, C or C- rating.
The post ICORating Update: Centralized Cryto Exchanges Like Huobi, Kraken, BTCTurk Secures A+ Rating appeared first on LuvCrypto.
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