Global Exchange Comprehensive Ranking (ExRank)
Global Exchange Comprehensive Ranking (Exchange Rank), referred to as ExRank, ER, or Exchange Ranking, is an indicator used by FXH to measure the importance of digital currency trading platforms. Its essence is to use data mining technology to rank the importance of trading platforms by analyzing data from different dimensions of the trading platform.
This algorithm is different from Google PR, Sogou SR, and Baidu BR web page ranking algorithms. Web page ranking algorithms examine link quality, inter-page link relationships, and link relevance through calculation to measure web page importance. FXH's ER algorithm comprehensively covers mobile and PC clients, using different coefficient ratios to calculate the importance rating of trading platforms from six dimensions: trading activity, user popularity, asset strength, credibility, security, and basic strength through big data algorithms.
ExRank Algorithm Features
The core of the ER algorithm is to quantify all valuable information of trading platforms into data for calculation, determining the weight of each indicator through entropy calculation to provide a basis for comprehensive evaluation.
- 1. ER comprehensive ranking divides trading platforms into 10 levels. The higher the level, the higher the quality;
- 2. The higher the ER level, the lower the yield coefficient of each indicator of the trading platform;
- 3. For unreasonable indicator data spikes, the algorithm will automatically adjust to a reasonable range based on the average within a certain time period;
- 4. The ER algorithm places more emphasis on the comprehensive performance of the trading platform over a macro-historical period;
Influencing Factors
1. Trading Activity
- 24-hour trading volume of mainstream currencies on the platform
- 24-hour trading volume change
- 7-day trading volume change
*Different trading types affect ER values to varying degrees
2. User Popularity
- Facebook followers and follower growth
- Twitter followers and follower growth
- Reddit subscribers and subscriber growth
- Weibo followers and follower growth
- SimilarWeb web traffic statistics
- FXH page views and search volume
3. Asset Strength
- Exchange wallet coin holdings
- Exchange actual asset strength, investment institutions, advisory team and other factors
4. Reputation
- User Experience: User-friendliness and smoothness of trading system
- Customer Service Response Speed
- Quality of supported trading tokens
- Brand coverage breadth and reputation
- Existence and spread of positive and negative news, popularity
- Presence of falsification in trading activity and user popularity
5. Security
- Security rating data provided by third-party authoritative rating institutions
- Risk Response Capability: Whether the exchange has had security incidents and its emergency response mechanism
- Deposit and Withdrawal Speed
6. Basic Strength
- Team Strength: Exchange team strength (technical and operational capabilities)
- Policy compliance, audit compliance and other factors
- Product line variety, system platform coverage
- Product operational scope
- Completeness of FXH website basic information
1. Logo; 2. Exchange name; 3. Launch time; 4. Exchange introduction; 5. Official website address; 6. Exchange wallet address; 7. Trading type; 8. Related figures; 9. Official email; 10. Social addresses; 11. Client download links; 12. API interface address
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