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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

Kraken is a cryptocurrency-specific exchange that allows you to trade in dozens of different digital currencies rather than mere bitcoin trading. Kraken deserves to stay on this list as it is one of the cheapest crypto exchanges nowadays.

Kraken will charge a 1.5 percent fee, or 0.9 percent for stablecoins, with extra fees if you use a card and fund with a bank. A premium tier dubbed Kraken Pro is available for more active traders, with fees ranging from 0.16 percent to 0.26 percent.

Continue Reading at Top Licensed Bitcoin Brokers with the Cheapest Fees

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

Since 2011, about $1.65 billion worth of crypto assets have been stolen from exchanges, and the numbers are only getting bigger each year. Each exchange can hold billions of dollars worth of crypto assets, so unsurprisingly, hackers like to target crypto exchanges, especially the ones with low-security measures. As a result, exchanges are highly prone to sophisticated hack attacks.

Apart from hacks, other troubles may arise from within the exchange itself. Any exchange can make mistakes, miscalculate, or mismanage their funds. All these can cause users to lose money they store on the platform.

Continue Reading at Don't Leave Your Money in Crypto Exchanges, Here's Why

There are two types of loans offered by crypto exchanges:

  • Fixed lending requires investors to secure their money for a specific period (usually seven to nine days) to get a fixed amount of rate. The advantage is that this method typically offers a higher rate of interest.

  • Flexible lending that is very similar to a savings account. This method allows you to withdraw your assets at any time, so the rate of return is usually lower.

Continue Reading at APY and APR in Crypto Investments Explained