About
After experiencing a series of unfortunate events involving Luna, FTX, and Three Arrows Capital in 2022, I've become more careful in watching over cryptocurrency exchanges to prevent similar tragedies happening to me. CoinGecko and CoinMarketCap provide useful data to help us keep an eye on whether any anomalies are occurring in real-time.
When evaluating whether an exchange can be trusted, there are many indicators to consider beyond just trading volume and liquidity, such as website traffic, reputation, and security, among others. CoinGecko's Trust Score metric explains in detail how they use data and calculate these indicators, making it transparent and trustworthy in my opinion. If you're interested, I recommend you read these two articles.
In this application, I use the CoinGecko API as the primary data source.
Why Crypto Exchange Compare (CEXC)?
The comparison feature is often ignored on most data websites, and this application primarily focuses on implementing this feature. It enables us to quickly extract insights from factual data.
For individuals, you can compare different cryptocurrency exchanges before choosing which one suits you best and stay updated on their activities.
In the cryptocurrency industry, the data provided by this application allows for a quick understanding of the market and supports business analysis.
Frequently Asked Questions
Is the data displayed in this application real-time?
Yes and no. To avoid hitting the rate limit, this application caches the data returned by the API for an hour. After it expires, the latest data will be fetched again. If you find that the data on the screen appears inconsistent, refreshing the page usually resolves this issue.
For more insights, analysis, and real-time data access without rate limits, check out our plans.
What is the source of data for this application?
The data primarily comes from CoinGecko.
How does this application utilize the data returned by the API?
We process and analyze the data returned by the API to meet the requirements of charts and visuals.
WE WILL ABSOLUTELY NOT MODIFY ANY DATA.
What is the currency unit used by this application?
Display all values in Bitcoin(₿).