Bithumb Ranks 1st Domestically and 13th Globally in Cryptocurrency Exchange Evaluation

[Asia Economy Reporter Lee Jung-yoon] Domestic cryptocurrency exchange Bithumb announced on the 29th that it was ranked first in Korea and 13th globally in a comprehensive evaluation conducted by UK-based cryptocurrency data analysis firm CryptoCompare, which assessed 150 exchanges worldwide.

CryptoCompare's recently published Exchange Benchmark Report analyzed over 80 indicators across eight categories: market quality, legal and regulatory compliance, security, KYC (identity verification) and trading risks, data provision, company and exchange, asset quality and diversity, and negative incidents. The exchanges were rated on a scale from AA, A, BB, B, C, D, E to F.

As a result of the evaluation, Bithumb was the only domestic exchange to receive an A rating, placing it 13th globally. Other domestic exchanges followed with Upbit (BB rating) at 22nd, Gopax (BB rating) at 24th, Coinone (BB rating) at 42nd, and Korbit (B rating) at 59th. The global top spot was taken by Coinbase (AA rating) from the United States, followed by Gemini (AA rating) in second place and Bitstamp (AA rating) in third.

A Bithumb representative stated, "Consistent with last month's Forbes ranking of exchanges in the US, Bithumb ranked first domestically and 13th globally, which is evidence that Bithumb is recognized as a safe and high-quality service provider in the global market. We will continue to strive to become a more trusted exchange for investors."

This content was produced with the assistance of AI translation services.