CoinGecko expands collaboration with security rating

abdelaziz Fathi

CoinGecko, one of the earliest crypto data aggregators, has integrated the security score data from the rating. The trust assessments given to crypto projects will be integrated into their pages on CoinGecko website to draw users’ attention to the importance of security., a cybersecurity ranking and certification platform, says its rating is designed for both individual investors and corporate players. Before interacting with any crypto project, the stakeholders will clearly see whether they partner with a reliable player.

As such, the rating will help prevent the flow of assets to unsecured projects. In addition, those projects that do not meet minimum security standards will be forced to decide between investing in security or exiting the market.

Based on an adjusted average of +12 indicators included in the CER 2.0 methodology, the platform has already evaluated the security of 1,500 cryptocurrencies and 290+ crypto exchanges. It is the first security rating covering such a big number of digital assets and platforms.

“Only 1.2% of cryptocurrencies follow all security best practices. By refraining from investing in projects with non-adequate security, users can mitigate the risk of losing their money as a result of theft, scam, and other threats. Projects that invest in security are more likely to be focused on long-term growth,” the company says.

The collaboration dates back to 2020

CoinGecko provides fundamental analysis of cryptocurrency markets through intricate valuation methodologies revolving around market capitalization, volume and price. The industry data aggregator also tracks community growth, open-source code development, major events and on-chain metrics.

Nevertheless, this was not the first collaboration between the two firms as has been part of CoinGecko’s trust score given to exchanges since 2020. In particular, CER has assessed the security of all cryptocurrencies with the market cap >$3M (with a few exceptions).

“Investing in cryptocurrencies carries certain additional risks compared to other asset classes. As crypto investors, one area we should be mindful of is the security level of tokens. With the integration of CER 2.0, we hope to improve user awareness of token security and enable all CoinGecko users to make well-informed decisions,” said Bobby Ong, co-founder and COO of CoinGecko.

“This integration will surely foster cybersecurity in Web 3.0. Compared to 2020, the year when our crypto exchanges security score was integrated into CoinGecko, the number of secure crypto trading platforms has doubled. It’s a great confirmation of the value of our partnership with this leading data aggregator for the industry,” added Kostiantyn Oleshko, product owner at

Read this next

Digital Assets

Voyager issues notice of default to recover $660M from Three Arrows Capital

The clock is now ticking for the crypto hedge fund Three Arrows Capital (3AC) to present a plan to meets its financial obligations towards digital asset brokerage platform Voyager Digital.

Digital Assets

GEM commits $200 million capital to CeDeFi exchange Unizen

CeDeFi exchange Unizen announced that it has received a $200 million capital commitment from a new strategic partner, Global Emerging Markets (GEM).

Digital Assets

Ripple opens office in Canada as looking for new HQ in the works

Ripple, the San Francisco-based fintech company, continues to consider alternative locations for its business amid ongoing regulatory woes in the US over its cryptocurrency.

Digital Assets

Goldman Sachs wants to snap up Celsius assets at big discount

Goldman Sachs is reportedly looking to secure $2 billion in funding to buy up distressed assets from Celsius in the event that the troubled crypto lender goes bankrupt.

Institutional FX, Interviews

iFX EXPO International 2022: What is a Prime of Prime?

We explore established Prime of Primes with qualified and accessible liquidity.

Crypto Insider

What is a Cryptocurrency Crime, and How Does it Affect Trading?

Cryptocurrency crime is as sinister and upsetting as most financial crimes. The crimes that are perpetrated range from ordinary theft of cryptocurrency to money laundering and market to market fraud. Investors and consumers are subject to phishing and scams, where they are instructed to send cryptocurrency to a specific location for ransom. Like all financial […]

Crypto Insider

As Bitcoin’s Ecosystem Expands, The Floodgates Open Up For Investors

It’s the year 2045 and Bitcoin has emerged as the world’s reserve currency and the most common store of value. The price of BTC is stable at around $33 million per coin and it’s widely accepted across the planet for everyday goods and services.

Digital Assets

Bybit launches crypto options settled in USDC stablecoin

Cryptocurrency exchange Bybit now offers put and call options contracts settled in USD Coin (USDC), a major stablecoin pegged to the US dollar.

Digital Assets, Industry News

Colendi acquires blockchain specialist SETL

Turkey-headquartered embedded fintech services platform Colendi has acquired London-based blockchain settlements and payments provider SETL.