WEISS RATING.

BITCOIN has been ranked by the weiss cryptocurrency rating for the first time . But what grade did bitcoin get?

Weiss rating has published has published the first bitcoin & crypto currency grades by any rating agency in the world.

Synopsis:

The new Weiss Cryptocurrency Ratings are the first by a financial rating agency. They are based on a original model that analyzes multiples of data points on each coin’s trading design, technology, and usage.

The new global platform of cryptocurrencies has provided amazing profits to investors and holds great promise for the future. Millions of new investors have entered in. Hundreds of self-declared experts have appeared to advise them. But the market suffers from lax standards, murky operators, marketing hype, and periodic market crashes.

Financial service rating company has first time ever rated 74 crypto currency on their basis of technology , usable pattern , design .

BITCOIN , popularly known and globally traded cryptocurrency on the globe has received C+ rating rating has been done on the scale of A to E where A receives the best one & E stands for the week one on that scale...

The plus sign indicates that bitcoin stands for the top third of the fair category.

According to weiss rating service due to Bitcoins strong adoption, brand, and security, it does merit an A … but only on our Fundamental Index.That’s just one of our four major metrics. Meanwhile, Bitcoin falls short in two other important areas: Our Risk Index, reflecting extreme price volatility and our Technology Index, reflecting Bitcoin’s weaknesses in governance, energy consumption and scalability. As soon as the metrics on these improve, an upgrade for Bitcoin is likely.

Comments

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