EXMO Exchange Latest to Join DATA Initiative

EXMO Exchange Latest to Join DATA Initiative

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability.

The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information provided by unreliable exchange platforms.

In order to remedy this, new regulations were set that exchange platforms needed to adhere to in order to have their data counted on the site. As such, platforms that do not become part of the service are not recommended.

Several exchanges, including Bittrex and Binance, had already opted in for the service and now EXMO will join the list. Which helps to further establish itself as a trustworthy and reliable service to trade cryptocurrencies on.  

Speaking about the new agreement, Sergey Zhdanov, CEO of EXMO, stated, “EXMO team shares the values of the CoinMarketCap alliance, thus we are happy to join the DATA initiative. Moreover, the fact of real-time collecting of data from trading platforms will undoubtedly expand the possibilities for market research and analysis.”

DATA was set up earlier this month and more and more exchanges are joining it weekly. However, this is now only around a month until the deadline, which is set for June 14th. As such, the clock is ticking and it will likely bring a few rogue exchange platforms into the light.

Register for Latest Updates & News

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

CoinMarketCap,DATA,Exchange Platforms,EXMO

Ethereum Outlook for 2025

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

19 February, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

SEC and Binance Hit Pause: A 60-Day Legal Truce Amid Regulatory Changes

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

17 February, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

Unraveling the Crypto Coin from Trump Scam: What You Need to Know

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

13 February, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

Japan’s Crypto Evolution: Pioneering Adoption and Regulation

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

11 February, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

The Rise of Cryptocurrencies in Online Casinos: A Global Perspective

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

11 February, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

Top Cryptocurrencies Expected to Perform Best in 2025 and Why

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

29 January, 2025
CoinMarketCap,DATA,Exchange Platforms,EXMO

Haru Invest – the Ideal Platform to Get in Touch with Crypto

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

22 March, 2022
CoinMarketCap,DATA,Exchange Platforms,EXMO

XBE Community Launches a $500k Bug Bounty

EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]

28 December, 2021