>"Coin Metrics has devised a new framework for evaluating how trustworthy a crypto exchange and its volume data really is. Only a baker’s dozen made the cut."

Instead of aggregating volumes from the most popular exchanges in the industry, Coin Metric’s new framework funnels data from 13 trusted spot exchanges: Binance/Binance US, Bitbank, Bitfinex, bitFlyer, Bitstamp, Bittrex, [CEX.IO](http://CEX.IO) , Coinbase, [Gate.io](http://Gate.io) , Gemini, itBit, Kraken, and Poloniex. All of these exchanges, sans [CEX.IO](http://CEX.IO) and Gate,io, Bitbank, were also included in Messari’s “Real 10” exchange index that it unveiled in March 2019.