What factors contribute to KuCoin's exclusion from CoinMarketCap?

5 answers

• Dec 18, 2021 · 3 years ago
  There are several factors that contribute to KuCoin's exclusion from CoinMarketCap. One of the main reasons is the lack of transparency in KuCoin's trading volume. CoinMarketCap requires exchanges to provide accurate and reliable trading volume data, and KuCoin has been criticized for inflating its trading volume in the past. This lack of transparency raises concerns about the credibility of KuCoin's reported trading volume, which is why CoinMarketCap has chosen not to include it in their rankings.
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• Dec 18, 2021 · 3 years ago
  KuCoin's exclusion from CoinMarketCap can also be attributed to its relatively low liquidity compared to other major exchanges. CoinMarketCap takes into account factors such as trading volume and order book depth when ranking exchanges. KuCoin's lower liquidity may indicate that it is not as popular or widely used as other exchanges, which could be a reason for its exclusion from CoinMarketCap.
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• Dec 18, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that KuCoin's exclusion from CoinMarketCap is not necessarily a negative reflection on the exchange. CoinMarketCap has its own criteria for including exchanges in its rankings, and it is possible that KuCoin simply does not meet all of those criteria. It's important to note that being excluded from CoinMarketCap does not mean that KuCoin is not a legitimate or trustworthy exchange. In fact, KuCoin has a strong reputation in the industry and offers a wide range of cryptocurrencies for trading.
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• Dec 18, 2021 · 3 years ago
  KuCoin's exclusion from CoinMarketCap may also be due to the fact that it is a relatively new exchange compared to some of the more established players in the market. CoinMarketCap tends to prioritize exchanges that have been around for a longer time and have a proven track record. As KuCoin continues to grow and establish itself in the industry, it may eventually meet the criteria for inclusion in CoinMarketCap.
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• Dec 18, 2021 · 3 years ago
  While KuCoin is not included in CoinMarketCap, it is worth noting that there are other reputable cryptocurrency ranking platforms and data aggregators that do include KuCoin in their rankings. These platforms may have different criteria for inclusion and provide a different perspective on the exchange's performance and reputation. Therefore, it's important to consider multiple sources of information when evaluating an exchange like KuCoin.
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