30 March 2020
Rating Scores are said to be a parameter to judge within a certain measure of units to determine the given product’s (here cryptocurrency) position in the market amongst the competitors. In the growing world of crypto, anyone can participate and make an initiative either to enhance or upgrade or make a new project altogether, hence, it is very much difficult to keep a track of all the projects while trying to figure out which one is viable. To bring this pressure to ease, there are various crypto rating sites that help to understand the status and can help you decide if you should buy or sell the tokens of a project.
Listed below are the two crypto rating sites that do this troubling work easy to help you make the choice if you should purchase, not purchase or promote and underline the tokens:
1. Weiss Crypto Rating: It started its operation in the year 1971 and states itself to be advantageous for users that consist of the broadest coverage, strict independence, complete objectivity, high ethics, and safety commitment. This is one of the famous platforms that facilitate scores on shares and other different properties on a global scale. Its rating scored are determined with alphabets from A (being excellent) to E (being very weak) along with a plus and a minus sign while the alphabet F indicates the cryptocurrencies that have failed or are prone to be a fraud.
Weiss Crypto grades over 53,000 institutions and investments that includes over 120 distributed ledgers being updated weekly for adoption, technology, momentum and risk ratings; U.S. listed stocks, mutual funds, ETFs being updated daily for Buy-Sell-Hold ratings and the U.S. banks, insurance companies and credit unions that being updated quarterly for safety ratings.
Weiss Crypto Ratings Website: https://weisscrypto.com/en
Also Read, Why Review Sites Need Blockchain?
2. Xangle: The other platform would be Xangle that facilitates the listing, updates, partnerships of all the blockchains for institutional players and retail. It focuses on being a transparent and trusted crypto disclosure platform for its users. It is stated to have a trusted marking quality for scoring on projects as it has the reputation for being unbiased and is trusted by exchanges like Bithumb.
Xangle’s Website: https://xangle.io/
Hence there are many such companies in the market that facilitates Crypto Rating Score, however, it is important to understand that you make the right call. Research, study, analysis, conclusion and then execution is one mantra that everyone spending on any sort of finances being it digital or fiat should practice.