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Forbes Topline

Here Are The Most Trustworthy Cryptocurrency Exchanges

Forbes Topline

Forbes

News, Business News, Entrepreneurship, Business

4.86 Ratings

🗓️ 19 May 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

After years of turbulence, including jail time for the founders of the two biggest cryptocurrency exchanges, many providers are getting serious about controls and regulation. Coinbase leads our list of the 20 most trustworthy marketplaces in an industry that still requires caution. Forbes reporter, Nina Bambysheva and Javiar Paz discuss the top crypto names and market-places. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everyone. I'm Nina Bambus Shiva, a staff writer here at Forbes. Joining me now is our director of data and analytics.

0:10.0

Have your pause and we're here to talk about the latest ranking of crypto exchanges that have yours just published.

0:17.0

Thank you for joining me, have you.

0:19.0

Hello, Nina, a pleasure to be here.

0:22.0

So we are here to talk about the latest ranking of the best crypto exchanges you just published.

0:28.0

So this is not your first list.

0:32.0

For those who may not be familiar with it or those who just need a

0:35.8

refresher, can you tell us a bit about the list itself, what types of platforms you've

0:42.1

considered, the number of exchanges you've looked at and

0:45.2

your methodology what were the major criteria you looked at.

0:49.7

Sure, thank you.

0:52.1

Just to be precise, then the last time we run a list, we had selected 60 entities.

0:59.0

And this was a composite of crypto exchanges, as well as other financial intermediaries offering

1:04.7

crypto to their clients. This year we're only doing 20 and there's some good

1:10.4

reasons for that. So in terms of what makes us different, the Forbes list is not your typical

1:20.4

ranking affirmed by volume or some other criteria like let's say the number of web visits or the number of coins that you offer.

1:32.0

But it's more thoughtful.

1:34.0

So we start the list with some 650 approximately exchanges and different service providers, and then we break it down to something

1:45.4

more meaningful, so more actionable. So we, the first test that we applied to

1:51.2

reduce that list was to ask the question how many of these entities have

1:58.6

verifiable assets that we can we can see through a third party and we looked at Arkham as Arkham

2:07.3

Intelligence is a platform that provides a lot of information about wallets and

...

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