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Rating and recommendation of platforms
Rating and recommendation of platforms

Explanation of the rating system and platform instructions

Updated over 2 weeks ago

Hello 👋

In this article, we'll go over how the scoring system set up in the “Opportunities” section works.


Opportunites

To access the Opportunities functions, click on this button.

We have set up 2 rating and recommendation systems to guide you in your choice of platforms :

  • Rating from 0 to 5 based on 10 criteria

  • Comparison of fees per product on each platform


Rating out of 5

To help you compare platforms, we've created the world's largest crypto platform rating system 🎉

Here is the list of criteria:

Exchange PSAN = Score out of 5

  • Yes = 5 points

  • No = 2 points

AMF blacklist = Score out of 5

  • Yes = 0 points

  • No = 5 points

Security = Average out of 5 of 3 sub-criteria

  • Proof of existence of user funds = Score out of 5

  • Yes = 5 points

  • No = 2 points

Creation date = Score out of 5

  • From 1 to 5 depending on creation date (2011 to 2022)

Has the platform ever been hacked or lost user funds?

  • Yes = 2 points

  • No = 5 points

Ease of use (user experience) = Score out of 5

Amount and transparency of fees, presence of hidden fees (Spread) = Score out of

  • High = 0-1 point

  • Average = 2-4 points

  • Low = 5 points

Simplicity of tax declaration = Score out of 5


Comparison of fees per product on each platform

Platforms generally offer a wide range of products for buying, trading or selling cryptos. All these products have different fees, and very often hidden fees (or spreads).

This feature allows you to find a way to pay the lowest possible fees on each type of share.

The comparison is made on 4 categories of products available on the platform:

  • Trade crypto

  • Buy crypto in Fiat

  • Sell crypto in Fiat

  • Withdraw crypto to an on-chain address

Browse the products to choose the cheapest one.

If you have any further questions, don't hesitate to contact us via the Chatbot just at the bottom right of your screen!


Waltio Team

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