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                     Binance receives the highest grade (AA) rating from CryptoCompare's 2022 UK Exchange Benchmark Report
                    </div>
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                   <div>
                    <p dir="ltr" id="i5zqz-3">
                     Fellow Binancians,
                    </p>
                    <p dir="ltr" id="iyykiy">
                     Binance was one of the four exchanges to receive CryptoCompare's highest grade rating during their 2022 UK Exchange Benchmark Report.
                    </p>
                    <p dir="ltr" id="iyykiy-2">
                     <strong>
                      About CryptoCompare
                     </strong>
                    </p>
                    <p dir="ltr" id="iyykiy-3">
                     CryptoCompare are a UK-based data aggregator and index provider that has received authorisation from the U.K. Regulatory Body, the Financial Conduct Authority (FCA), to operate and issue benchmarks for financial instruments and measure fund performance for digital assets based on market research and methodologies.
                    </p>
                    <p dir="ltr" id="iyykiy-3-2">
                     Binance's
                     <strong>
                      Deputy Head of UK
                     </strong>
                     commented: “We’re proud to be one of four cryptoasset businesses to achieve (AA) rating across a multitude of areas. CryptoCompare's rating is a testament to our focus at Binance on providing a trusted and secure exchange for investors."
                    </p>
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                       VISIT FULL REPORT HERE
                      </a>
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                   <div>
                    <p dir="ltr">
                     The report scores across the following areas:
                    </p>
                    <ul>
                     <li>
                      Security
                     </li>
                     <li>
                      Legal/Regulation
                     </li>
                     <li>
                      KYC/Transaction Risk
                     </li>
                     <li>
                      Team/Company
                     </li>
                     <li>
                      Data Provision
                     </li>
                     <li>
                      Asset Quality/Diversity
                     </li>
                     <li>
                      Market Quality
                     </li>
                    </ul>
                    <div>
                     <strong>
                      Key Highlights:
                     </strong>
                    </div>
                    <div>
                     <div>
                      <u>
                       Digital Asset Exchanges Receive Updated Rankings.
                      </u>
                     </div>
                     <div>
                      Coinbase, Gemini, Bitstamp, and Binance are the lowest risk exchanges all receiving AA rankings.
                     </div>
                     <div>
                     </div>
                     <div>
                      <div>
                       <u>
                        Top-Tier Exchanges Increase Volumes Market Share
                       </u>
                      </div>
                      <div>
                       Top-Tier exchanges have gained volumes market share since August 2021, increasing from 89% in July 2021 (based on Aug 2021 rankings) to an average of 91% in the six month period between September 2021 and February 2022 (based on the latest March 2022 rankings).
                      </div>
                      <div>
                      </div>
                      <div>
                       <div>
                        <u>
                         Top-Tier Exchanges Decrease Whilst AA-A Ranked
                        </u>
                       </div>
                       <div>
                        Exchanges Increase. Due to stricter benchmark standards, only 78 exchanges met the threshold for Top-Tier status in the latest Exchange. Benchmark (vs 87 in August 2021 and 84 in February 2021). Meanwhile, 15 exchanges have met AA-A status compared to 9 in August 2021.
                       </div>
                       <div>
                       </div>
                       <div>
                        <div>
                         <u>
                          KYC Stringency Requires Improvement on Many Exchanges.
                         </u>
                        </div>
                        <div>
                         35% of exchanges were rated as having poor or inadequate KYC programs (vs 34% in Aug 2021 and 33% in Feb 2021). 27% of exchanges were found to send funds to higher risk entities for more than 4% (High Risk Range) of transactions according to CipherTrace vs 25% in Aug 2021.
                        </div>
                        <div>
                        </div>
                        <div>
                         <div>
                          <u>
                           Data Transparency Remains Relatively Unchanged Although Data
                          </u>
                         </div>
                         <div>
                          Quality Standards Need Refining. 16% of exchanges have pushed some form of error prone data or unannounced updates via their REST API or Websocket data feeds over the last year. The proportion of exchanges providing full historical trade data, websocket feeds and order book endpoints is similar to previous rankings. However, 71% of exchanges now provide historical candlestick data (vs 68% in Aug 2021 and 53% in Feb 2021).
                         </div>
                         <div>
                         </div>
                         <div>
                          <u>
                           Legal/Regulation Standards Steadily Improving.
                          </u>
                         </div>
                         <div>
                          11% of exchanges formally offer some form of cryptocurrency insurance (vs 10% in Aug 2021 and 9% in Feb 2021) while 7% of exchanges claim to informally insure users in the case of breach (insurance fund) - (vs 9% in Aug 2021 and 3% in Feb 2021). Licensed/MSB registered exchanges have also increased from 36% in Aug 2021 to 42%.
                         </div>
                        </div>
                       </div>
                      </div>
                     </div>
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                   Thank you for choosing Binance, the largest cryptoasset marketplace by trading volume
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                   Stay connected!
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