What factors are considered in calculating the Kraken score for digital assets?

3 answers

• Dec 17, 2021 · 3 years ago
  The Kraken score for digital assets takes into account several factors, including trading volume, liquidity, market capitalization, price volatility, and security measures. These factors help determine the overall quality and reliability of a digital asset on the Kraken platform. By considering these factors, Kraken aims to provide users with a comprehensive assessment of the potential risks and rewards associated with trading a particular digital asset.
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• Dec 17, 2021 · 3 years ago
  When calculating the Kraken score for digital assets, factors such as the project's team, technology, community engagement, and regulatory compliance are also considered. These factors provide insights into the long-term viability and growth potential of a digital asset. Kraken values transparency and strives to provide users with accurate and up-to-date information to make informed investment decisions.
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• Dec 17, 2021 · 3 years ago
  The Kraken score for digital assets is calculated based on a proprietary algorithm developed by Kraken. This algorithm takes into account various quantitative and qualitative factors, including market data, historical performance, and expert analysis. The algorithm is regularly updated to reflect the changing dynamics of the digital asset market. It is important to note that the Kraken score is just one of many tools that investors can use to evaluate digital assets, and it should not be the sole basis for investment decisions.
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