Crypto Exchange Analysis

Yaser Rahmati

Key Metrics for Evaluation

Key areas to analyze include:

  • Liquidity:

    • Daily trading volume.

    • Order book depth (bid-ask spread).

  • Fees:

    • Maker and taker fees.

    • Withdrawal fees.

  • Security:

    • Two-factor authentication (2FA).

    • Cold storage percentage.

    • Incident history (hacks, breaches).

  • User Experience:

    • Platform ease of use.

    • Mobile and desktop app performance.

  • Asset Support:

    • Variety of listed cryptocurrencies.

    • Fiat on/off ramps.

  • Regulation and Compliance:

    • Licensing in key jurisdictions.

    • Adherence to AML/KYC policies.

Analyze Some Exchanges

Conduct a comparative study of exchanges like Binance, Coinbase, Kraken, Bitunix, etc.

Example Table:

Exchange

Liquidity

Fees

Security

Ease of Use

Asset Variety

Regulatory Compliance

Binance

High

Low

High

Moderate

Extensive

Moderate

Coinbase

Medium

Moderate

High

High

Moderate

High

Kraken

High

Moderate

High

Moderate

Moderate

High

Bitunix

Moderate

Low

Moderate

Easy

Growing

Moderate

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