Ninjastic
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Board Trading Discussion
Re: The best crypto day trading platform
by
Rengga Jati
on 19/06/2024, 21:58:59 UTC
Quote from: fuguebtc on June 16, 2024, 10:21:24 AM
Quote from: justdimin on June 13, 2024, 08:40:21 AM
Quote from: Oshosondy on June 08, 2024, 10:39:40 PM
For spot trading: https://www.coingecko.com/en/exchanges
For derivatives: https://www.coingecko.com/en/exchanges/derivatives
For Web3: https://www.coingecko.com/en/exchanges/decentralized
For anonymity:  check the list on http://kycnot.me
I do not know what they base their rankings and "trust" on at all, but that is definitely by far the worst list I have seen. If anyone wants to see the real list, just put it on 24 volume normalized or just 24 hour volume, you will see that Binance is multiple times better than anyone else, hell even the monthly visit is far greater than the closest one.
I just checked the rankings and was surprised to see that Binance has the largest trading volume and the largest number of users on the market. Even based on this website, we can easily see that Binance's 24h trading volume is equal to the total trading volume of all other exchanges combined, but it is not ranked at the top of the list.

I have used quite a few exchanges and honestly, none of them can offer a better experience than what binance gives us. Yes, I'm also not here to defend Binance because I don't get any benefit from this, what I'm saying is my own feeling .

Edit: I just found another article also published by Coinecko , in which they admit that Binance is still the largest exchange  (CEX) . They're making me a little confused. Cheesy Cheesy Huh.
https://www.coingecko.com/research/publications/centralized-crypto-exchanges-market-share


In fact, today, after reading this, I opened the website, and found that the list was still the same as that. I thought it was just a mistake at that time or a website error. apparently not. CoinGecko indeed lists Binance as being in the Top 11 only. It's not even in the top 10. Actually, what are the criteria for this website? And look at the scores. Even others, new exchanges and several other exchanges get a score of 10/10, so effective that there are no gaps or minuses whatsoever, right? As perfect as it gets 10/10. Meanwhile, Binance only gets a trust score of 9/10. I really thought hard, what criteria and indicators does the website use to determine the trust score and also the order of top exchanges?


Crypto exchange based on CoinGecko data:
https://www.coingecko.com/en/exchanges

I even crosschecked this data many times. And Binance has statistics that are far more than many other exchanges. And even some of the ones above Binance may be newer exchanges.

But, we can compare the data to what listed on Coin Market Cap and other similar platfomrs.
https://coinmarketcap.com/rankings/exchanges/
https://coinranking.com/exchanges