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Crypto Exchange List: Ranked by Cyber Security Score

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Below is the list of crypto exchanges based on their cyber risk score based on cer.live ranking. Cer.live Cyber Security Score is a security grade for a crypto exchange or a company's tech setup. It shows exchanges' networks and systems safety from online threats, like hacking or data leaks, and helps clients to know how open the exchanges might be to cyber-attacks or unauthorized access.


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Exchange Volume Coin Fees Cyber Security Score Established

Additional FAQ

We have mentioned that not all crypto exchanges are safe for credit card transactions. Some may look to exploit their users and run away with their money. Not to mention that your credit card information is also at risk.

While credit cards typically have strong fraud protection compared to other card types, every cardholder must still be aware and able to spot scams. Even at a trusted exchange like Binance, users must complete their due diligence before making any transactions with credit cards.

Continue Reading at The Complete Guide to Buy Crypto with Credit Cards on Binance

Making sure that you get reasonable fees is important. If you're an active trader, too high of a fee would lead to accumulative costs that make you spend extra funds. In crypto exchange, fees are usually divided between "taker" and "maker". For crypto exchanges, fees above 1% are considered costly. However, some traders may tolerate them if the exchange is backed up with a good reputation and reliability.

Continue Reading at How to Choose the Right Crypto Derivatives Exchange

Here are some cons of Binance exchange that you need to consider:

  • Withdrawal fees – withdrawal fees vary according to the asset you wish to withdraw and your payment method. In addition, Binance also has a minimum amount of withdrawals.
  • The exchange has been hacked in the past – Even though the company's response was pretty quick, there is no guarantee that such a breach won't happen again.
  • History of regulatory issues – At least now, Binance is considered less regulated than its competitors.
  • Binance's main platform doesn't operate in the US – If you are from the US, you can use Binance's partner site, Binance.US, which differs slightly from Binance Global. It uses the same engine and technologies as its parent company but offers limited trading pairs and supported cryptocurrencies to adjust it to US regulations.

Continue Reading at Binance Review: Safety, Pros, and Cons

Exchanges should also screen adverse media to detect their customers' activities because, most of the time, customer risk profiles are published by adverse news stories before they appear in official sources.

 

Continue Reading at How to Do KYC the Right Way in Gate.io