Research report gives Coinbase Pro top rank for security

ICORating released a report analyzing the security of cryptocurrency exchanges. Of the 100 exchanges covered in the report:

  • 41% allow passwords with fewer than eight symbols
  • 37% allow passwords with either digits or letters alone
  • 5% allow the creation of accounts without email verification
  • 3% lack 2-factor authentication

The top five exchanges with the highest level of security are:

  1. Coinbase Pro
  2. Kraken
  3. BitMEX
  4. GOPAX
  5. CPDAX

(Source: ICORating)

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

More by Steven Zheng