Research report gives Coinbase Pro top rank for security
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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:
- Coinbase Pro
- Kraken
- BitMEX
- GOPAX
- CPDAX
(Source: ICORating)
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
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