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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

An Initial Exchange Offering can be defined as a crypto mechanism in which a token (or tokens) is put on sale via a cryptocurrency exchange. Unlike ICO, which puts the token developer as the sole seller, an IEO will add a neutral party to the equation, which is the crypto exchange. Arising from the lack of trust in ICO mechanisms, the IEO is conducted by the more reliable platform investors trust for their experience.

 

Continue Reading at Top Crypto Platforms for Initial Exchange Offering (IEO)

It is important to note that KYC procedures are not standardized everywhere. This means that some exchanges may require a complete set of due diligence, while others may not require it at all. Crypto businesses that don't implement the KYC process are more vulnerable and usually targeted by criminals. After all, the primary purpose of applying KYC is to help companies better understand their customers and prevent criminal activities.

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

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

The key differences between Proof of Reserves and Exchange Balance are as follows:

  • Data source: Proof of Reserves uses a static data set publicly disclosed by the exchange. Exchange Balance uses a dynamic set of data acquired from various sources, including public data, clustering algorithms, and exchange-specific heuristics.
  • Comprehensiveness: Exchange Balance is more comprehensive than Proof of Reserves, as it includes a wider range of addresses. Proof of Reserves only includes the addresses specifically disclosed by the exchange.
  • Transparency: Proof of Reserves is more transparent than Exchange Balance, as it is based on publicly disclosed data. Exchange Balance is less transparent, as it relies on various data sources, some of which may not be publicly available.

Continue Reading at Proof of Reserves: Why is It Crucial after the FTX Fallout?

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