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Exchange scoring

How we score crypto exchanges

Each exchange we review is scored across 5 weighted pillars. The overall score is a weighted average. This page documents what each pillar measures and how it's weighted.

Security & Trust

30% weight
  • Public proof-of-reserves / audit posture
  • Regulatory licensing in operating jurisdictions
  • Historical incidents and their resolution
  • Insurance funds, cold-storage policy, 2FA enforcement

Fees

25% weight
  • Spot maker / taker fees as documented
  • Real fee paid in our hands-on test (vs documented rate)
  • Spread above market mid on simple/instant flows
  • Withdrawal fees per major asset

Asset Variety

20% weight
  • Number of supported tradeable assets
  • Coverage of new-listing pipeline
  • Fiat on/off ramps and supported currencies
  • Derivatives, perpetuals, options availability

Ease of Use & Features

15% weight
  • Time to complete first trade, including KYC
  • Mobile vs desktop UX parity
  • Earn / staking / convert / OTC product depth
  • API quality if relevant

Customer Support

10% weight
  • Time to first human response on a real ticket
  • Time to resolution
  • Quality of self-service docs
  • Coverage hours and language support

How the overall score is calculated

Each pillar is scored 0–5. The overall is a weighted average using the percentages above:

overall =
   security_trust * 0.30 +
   fees * 0.25 +
   asset_variety * 0.20 +
   ease_features * 0.15 +
   support * 0.10

The result is rounded to one decimal. We do not use a 0–10 or 0–100 scale because the human eye reads "4.2/5" more accurately than "8.4/10" or "84/100".

Want to see how we score bridges? → Bridge methodology