Upbeat, reliability

2019-09-25 20:05:10

Ranked No. 1 in Asia by BTI's Cryptocurrency Transparent Exchange

Upbeat was chosen as the most transparent exchange among Asian exchanges.

Upbeat, a global standard cryptocurrency exchange run by Doum, announced on 23rd that it was listed as the most transparent exchange in a September market surveillance report published by the Blockchain Transparency Institute (BTI).

BTI's BTI Verified program, an exchange trading volume analysis program, derives these results from about six months of data from April to September.

Upbeat was selected as one of the most trusted exchanges along with the leading exchanges of the US, Kraken, Poloniyx, and Coinbase.

It is the only Asian exchange to be mentioned.

Upbeat was also named a transparent exchange without wash trading in a report released in April.

With this announcement, the company has once again been highly transparent.

An upbeat official said, “We are receiving a good reputation from BTI, which is well-received for its high reliability and accurate analysis, and we feel a greater sense of mission as Korea's representative exchange.”

I will do it. ”

Meanwhile, BTI said that wash trading of the top 40 global exchanges fell 35.7% this year, and that US and Japanese exchanges are leading the volume of the global cryptocurrency market.

The key to their leadership in the market is that more stable transactions are possible with the establishment of an institutional basis such as the establishment of legal regulations on cryptocurrency.

BTI has published global exchange rankings and reports since August last year to measure actual trading volume based on its own data analysis to improve transparency and reliability of the blockchain and cryptocurrency markets.