Binance slips to the 12th position in the current exchange ranking by CryptoCompare. Binance red-flagged on security following the 7,000 BTC heist in May 2019. CryptoCompare, a leading crypto data provider in the United Kingdom has released its second-ranking for the top 100 cryptocurrency exchanges in the world. Interestingly, Binance, currently the second-largest exchange by trading volume failed to make it among the top ten. Gemini exchange tops the list followed by Paxos’ itBit and Coinbase in that order. The other exchanges filling the remaining seven positions include Kraken, Bitstamp, Liquid, OKEx, Poloniex, bitFlyer and Bitfinex. Binance was ranked seventh in the second Exchange Benchmark released in June 2019. The second ranking placed the exchange in the 12th position. The reason for the significant drop according to Charles Hayter, the co-founder of CryptoCompare was the hack that Binance suffered in May 2019. “Our new Benchmark includes a category for recent hacks for which we penalize exchanges. As Binance was recently hacked, it is marked down in the security category.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CAD: Bulls cheer WTI weakness, risk-off ahead of Canadian CPI FX Street 3 years Binance slips to the 12th position in the current exchange ranking by CryptoCompare. Binance red-flagged on security following the 7,000 BTC heist in May 2019. CryptoCompare, a leading crypto data provider in the United Kingdom has released its second-ranking for the top 100 cryptocurrency exchanges in the world. Interestingly, Binance, currently the second-largest exchange by trading volume failed to make it among the top ten. Gemini exchange tops the list followed by Paxos' itBit and Coinbase in that order. The other exchanges filling the remaining seven positions include Kraken, Bitstamp, Liquid, OKEx, Poloniex, bitFlyer and Bitfinex. Binance was ranked seventh… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
