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Exchange Selection Criteria

CoinAPI employs a rigorous process to select exchanges as data sources for our indexes. Our selection criteria are designed to ensure that only reputable, liquid, and reliable exchanges contribute to our index calculations.

Key selection criteria include:

  1. Trading Volume: Exchanges must consistently demonstrate significant trading volume for the assets included in our indexes.
  2. Operational Reliability: We assess the exchange's track record of uptime, system stability, and ability to handle high-load periods.
  3. Market Surveillance: Preference is given to exchanges that employ robust market surveillance tools to detect and prevent market manipulation.
  4. Regulatory Compliance: We consider the exchange's regulatory status and compliance with applicable laws and regulations.
  5. Data Accessibility: Exchanges must provide reliable, real-time data feeds that meet our technical specifications.
  6. Geographic Distribution: We aim to include exchanges from diverse geographic locations to ensure global market representation.
  7. Security Measures: We evaluate the exchange's security protocols, including cold storage practices and insurance coverage.

Our Exchange Review Committee reassesses all data sources periodically to ensure ongoing compliance with these criteria.