Kaiko published the latest ranking of digital currency exchanges. According to this ranking, Coinbase, Binance and Kraken are the best crypto exchanges in the world.

Kaiko publishes a ranking of digital currency exchanges based on a combination of six different criteria. These criteria are: governance, business, technology, data quality, security and liquidity. Meanwhile, the governance score has taken 30% of the rating share.

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Classification of digital currency exchanges

According to Kaio’s ranking, CoinBase, Binance, Kraken, FTX.US, Gemini, Itbit, Bitstamp, CEX.IO, FTX and Houbi are the top ten cryptocurrency exchanges in the world, respectively. Compared to the previous ranking published in mid-January, Binance, FTX and Houbi made the most progress in the domain of governance. It should be noted that Binance and FTX were not included in the list of top 10 digital currency exchanges in the previous ranking.

Coinbase, Binance and Kocoin have the most liquidity among the top exchanges in the market. The lowest liquidity is reserved for Itbit and Houbi exchanges. San Francisco-based Coinbase remains at the top of the chart.

Coinbase has achieved a Triple-A rating from Kaiko. The Triple-A score means that the exchange has recorded a high overall score and individual score and has excellent performance in all areas. AA rating also belonged to Kraken, Gemini and Bitstamp exchanges in the past. Currently, five new members have been added to this list. These exchanges include: Binance, FTX, CEX.IO, FTX.US and BitBank.

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Source: cryptonews