Kraken is pleased to announce that he was ranked third overall in Kaiko’s first quarter exchange rankings and rose from seventh in the 44 centralized Crypto exchanges last year.
This ranking, which assesses exchanges based on key factors such as governance, security, technology, and liquidity, reflects on ongoing industry leadership and deep commitment to clients.
First of all, who is the silkworm?
Kaiko is a leading provider of cryptocurrency market data, analytics and indexes, providing businesses with system-grade regulations-compliant solutions. These solutions are used by the Kaiko index, conducting independent quarterly valuations of spot cryptocurrency exchanges and are ranked based on a variety of factors, including liquidity.
Why did our ranking improve from the 7th to the 3rd?
The improved rankings can be attributed to several specific factors that closely match Kaiko’s rating criteria. The relentless focus on governance, liquidity, security, and data transparency contributes to a stronger and more resilient platform for clients.
Strong governance and compliance
For a long time, Kraken has been advocating for regulatory clarity and compliance while still remaining true to our mission. It is to accelerate the adoption of cryptocurrencies for economic freedom and inclusion. In 2024, we further strengthened our legal and compliance framework and implemented a new market rulebook that outlines clear trading standards and best practices.
Furthermore, we have expanded our educational content Money Laundering Anti-Money Laundering (AML), Knowledge Customer (KYC), Counter Terrorism (CFT)ensuring that clients and institutional partners understand the importance of regulatory compliance. Leading our industry Spare Proof We continue to set standards for transparency in asset verification.
Best in class liquidity and market depth
Kraken is a go-to exchange for traders who prefer to operate against Fiat currency. Ours USD and EUR Order Form It is the deepest in the industry, offering excellent fluidity that minimizes slipping and improves the quality of execution.
By increasing market depth and order bookkeeping efficiency, we have created a trading environment that is more attractive for both institutional and retail investors.
Uncompromising security measures
Our security, surpassing all spirits, is at the heart of our platform. Kraken’s top security experts employ A risk-based approach Continuingly improve security protocols to ensure that client assets remain protected at the highest level. Our strictness Infrastructure Safeguard and Account protection measures Maintain its reputation as one of the world’s most secure crypto exchanges.
High quality data reports
Transparency is fundamental to Kraken’s approach and our commitment Accurate, complete and reliable transaction data It stood out in Kaiko’s rankings. We offer Real-time and historical trade datainclude OHLC (Open, High, Low, Close) Granular pricing at 8 time intervals (1, 5, 15, 30, 60, 240, 720, 1440 minutes).
This data is available through us Breaks, WebSockets, API fixeswe provide High rate limit To ensure seamless access for both traders and developers.
Construction in a year of great progress
This perception from Kaiko reaffirms Kraken’s position as one of the world’s top crypto exchanges. But the work never finishes. Our merciless focus Security, governance, liquidity, transparency We guarantee that we will continue to provide our customers with a great trading experience.
As traders demand more A reliable, well-regulated platformKraken is Safe, liquid and reliable replacement. We look forward to building on this momentum and setting even higher standards for the industry.
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