Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings – Exchanges Bitcoin News

Crypto․com CEO Kris Marszalek has an issue with’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking.

Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings

A recent tweet stemming from the CEO of’s Kris Marszalek indicates the exchange executive is upset with the web portal Marszalek claims that’s exchange volumes are being misreported and the trading platform’s ranking was changed to the 14th position on a whim.

“Merry Christmas to [the]Team [at] Coinmarketcap who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14th,” Marszalek tweeted on Christmas day. “We are 2nd/3rd on Coingecko so you guys know where to look for real and market neutral data,” the exchange CEO added.

According to statistics on,’s exchange ranking is 16th on Sunday. However, Coingecko’s spot exchange metrics indicate that’s ranking is second in terms of trade volume rankings today. Coingecko stats show that has a 24-hour trading volume of $2.8 billion. Meanwhile, (CMC) metrics show’s volume is $1.5 billion and down more than 15%.

Following Marszalek’s tweet, a number of people responded to his claims. Official Baby Doge team saidThey were having difficulty getting CMC to confirm the supply of BABYDOGE. Coingecko’s co-founder Bobby Ong thanked Marszalek for his compliment. “Merry Christmas Kris,” Ong replied. “Thanks for all the support. Have a happy holiday with your family.”

A number of other people who responded to Marszalek’s tweet said that it was well understood that the trading platform Binance owns CMC. “CMC is owned by Binance… I’m not surprised,” one person replied to the executive’s tweet. “[I] never use CMC since Binance bought them,” another person responded.

Coinmarketcap․com’s Price Feed Gets Wonky on December 14

The news follows CMC’s issues on December 14, when people were complaining about the site showing price discrepancies. CMC had posted the bitcoin price (BTC), at $778 million per unit. Many other prices of coins were also wrong that day. CMC posted a tweet about the irregularities in the prices after receiving many complaints through social media.

“Following the irregularities we observed on our platform this afternoon,” CMC wrote in response to the complaints, “[and]As a last step to our internal remediation process, we’ll be restarting servers even though the issue has been resolved. Apologies for the inconvenience,” the web portal’s team wrote. CMC jokes about it later in the afternoon tweeted:

Was it a great feeling to be a millionaire? [of] hours?

This story contains tags
Binance CMC Binance Bitcoin (BTC), Bobby Ong CMC Coinmarketcap, Coinmarketcap irregularities CEO Executive, Disrepancies, Exchange Rankings Kris Marszalek Numerous complaints Trade volume, Twitter

What do you think about the executive’s complaints against CMC’s exchange rankings? Please comment below to let us know your thoughts on this topic.

Jamie Redman

Jamie Redman, a Florida-based financial journalist and news lead at News is Jamie Redman. Redman is an active participant in the cryptocurrency community from 2011. Redman is passionate about Bitcoin and open-source codes. Redman is a prolific writer for News, with over 5,000 articles on disruptive protocols.

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