Can Web Ranking Tell Everything About Centralised Exchanges?

in #crypto8 months ago

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Conducting research recently and checking through crypto journal handles, I came across centralised exchanges ranked based on the number of visitors on the website alone(not including the app).

For users seeking information, higher ranking websites are perceived as more relevant and trustworthy, they can be more helpful for comparing products and services and higher ranking websites can also be seen as offering a better user experience.

Following the recent occurrence with the top ranking exchange on the list, it simply shows that this parameter can't tell everything about centralised exchanges and how well they handle regulations in different parts of the world.
This is why I'd suggest exchange with regulation compliances and the most important needs like simple UI, low trading fee and good features like copy trading, because they are the most important things traders need to have good success.

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Talking about low trading fee, compliance to regulations and large copy trading platform, Bitget exchange has made a mark and is reputable for been amongst top exchanges that has the above mentioned features.

I think these exchanges will witness even more visits heading into the bull run as they are perceived as the industry’s best. This is because during bull run the market expands and witness influx of new investors. These Investors' exchange of choice may be influenced by charts like this but it is important not to rate them in this order, instead factors like security, ease of use, regulatory compliance, customer support, availability of features and products for seamless trading and so on must be considered

I wouldn't at any time encourage chosing a crypto exchange base on their web visit this is obviously not a good yardstick as some exchanges knows how to market and package themselves. If this ranking was carried out 18 months ago, I bet FTX would definitely be ranked first or second. In a nutshell, security of users assets is paramount and that's why it's essential to choose crypto exchanges with verifiable Proof of Reserve and customer protection fund.

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