Top 100 Cryptocurrencies, Cryptocurrency Exchanges Rating
In compiling the recommended top 100 cryptocurrencies, we looked through many things. Our concern for students of our course or enthusiasts is preparation. Those who know what the cryptocurrency market and crypto ratings are like know that there are many scams to be wary of.
The names on our list with high crypto ratings are there because they deliver. It is easy to get fooled by scams that look legitimate and that is why we take so many precautions by reinforcing accurate information about the best names on the cryptocurrency list.
There is always a criterion to be followed when you want to find the best on the cryptocurrency list. Our top 100 cryptocurrencies list is compiled with every important thing in mind.
To come up with an accurate rating for these companies we had to look at multiple things. Coming up with the most important facets and then scoring them was a challenge. But we knew even before we started that the top 100 cryptocurrencies list was not going to be easy to create.
Not too long ago, QuadrigaCX used to be on the top 100 cryptocurrency list of companies you could trust with your money until the founder died and the scam was revealed. With the event of things like KYC, we just might be able to curb this problem and know the best places to take your money.
To give you a clear idea of what we look at, let’s run down the main points that we always make sure to never skip when coming up with accurate crypto ratings.
Compare Cryptocurrency Exchanges Rating form the top 100 Cryptocurrencies List
1. KYC and Anti-Money Laundering
In 2019, after a bad spate of hacking attempts that made away with over $1 billion in 2018, the Know Your Customer process was introduced. This was in tandem with the Anti-Money Laundering processes and other safety measure.
For a company to be on the top 100 cryptocurrency list, they need to have a good score when it comes to how they secure the funds they have. Everyone wants to know that their money is safe. To assure safety is to score high on the crypto ratings.
Safety is always supposed to be top notch for the sake of the client.
3. High Volume and Liquidity
One of the best indicators of a company on the top 100 cryptocurrencies list, is a high volume of trading. There should also be liquidity that they can fill in order any time that you make one, no matter how big. Our crypto ratings list has exchanges that have a lot of orders, usually filed in seconds after we make them.
If you are doing a smaller order, you can go for the decentralized exchanges that are slower but easier to handle and safer. As always, the best way to trade is to do it in a way that you can understand and handle.
3. Customer Reviews, Top 100 Cryptocurrencies
Of the many points we take into consideration when doing our crypto ratings, customer reviews play a big role. The reason we have a list of cryptocurrency exchange reviews is to evaluate these exchanges. For anyone who does not know much about the market, a crypto exchange can be a minefield. You will need to be very careful when you get started.
The top 100 cryptocurrency exchanges become easy to whittle down to just 10 when you have a good understanding of how reviewers talk about them. The customers who use these services know them best because they are on the inside. The way they rate these companies is factored into our final crypto ratings to ensure accuracy.
4. Credibility Score, Top 100 Cryptocurrencies
Of our many data points, measuring credibility is one of the hardest but when we want to know the top 100 cryptocurrency companies you can trust, we go through the following process.
- They have to follow security measures that should be good enough to weather hacking attempts. Any crypto ratings measure companies worth their salt. We believe they should take extensive measures like intense password strength, 2fa verification, captcha, anti-phishing measures, and others, into consideration to be credible.
- For institutional-grade crypto ratings to be high, it is always a good idea to store the trading volumes data in secure places. The crypto exchanges should also be able to give you data when required, so you can make sound decisions based on trading volumes.
- We give high crypto ratings based on trading volumes. This is the standard even in other markets that have nothing to do with crypto.
- The credibility of a crypto exchange depends on transparency too. Media data is one way to know about an exchange, how they operate and if we can trust them. This will help you avoid being a part of something like the QuadrigaCX scandal.
You will find that credibility is a lot harder to measure. However, there are many resources you can consult when you want to dive deep into statistics. The top 100 cryptocurrency exchanges are much easier to track when all data points are taken into consideration. For that, we have InWara.
What is InWara?
As the single largest database with the information you will need about top 100 cryptocurrency exchange globally, it is a tool you will need to use. The database provides you with information about the security measures used by each of the crypto exchanges listed, their KYC process details, transaction fees, trading volumes, and payment methods, among other details.
It is a very impressive list containing over 200 crypto ratings with 100 plus data points for each exchange covered. The data points contain adverse media, live tracking, updates, KYC process, transaction fees, trading volumes and security hacks among other points.
It can be a lot to take in one go, but you will not have trouble understanding the most important thing about the top 100 cryptocurrency exchanges when you look through our crypto ratings.
We take all the important information and condense it into a readable format you will have no trouble understanding.
Liquidity is still the key to exchanges. On decentralized platforms, there are not enough market influencers to attract many investors, and that means they have no liquidity. More often than not, deals are better with centralized crypto exchanges because they have the liquidity.
Use our crypto ratings, the InWara database, and our top 100 cryptocurrency list for the best results.