Guide · Exchange reliability
Will you get your money out? What exchange reliability actually means.
“Is this exchange safe?” is usually answered with adjectives. We think it deserves a number with sources attached. This guide explains what the Skontro Reliability Score measures, how it is computed, and why a single proof-of-reserves badge answers less than it seems to.
01
The one question the score answers
Everything in the score serves a single question: how reliably do customers get their money out? It deliberately does not measure trading-volume legitimacy — volume-based trust scores already do that well. The two are complements: theirs says the volume is real, ours says the withdrawal works.
02
Six components, weighted
The composite is a weighted sum of six components, 0–100. Each carries its reason and sources on the venue page:
- 25%Withdrawal reliability — recorded withdrawal halts and freezes, weighted by severity and recency
- 20%Proof of reserves — existence, freshness, auditor, on-chain verifiability
- 20%Regulatory standing — licences and registrations, curated per rubric
- 15%Security history — recorded hacks and breaches; a fully reimbursed hack is curated one severity step lower
- 10%Support quality — public complaint-pattern proxy, scored conservatively where data is suppressed
- 10%Operational maturity — age, scale, documented outage pattern over 24 months
Withdrawal reliability carries the largest weight on purpose — it is the closest proxy for the question the score exists to answer.
03
The 24-month decay
Recorded incidents lose weight linearly over 24 months, so the score reflects the venue of today, not of two years ago — a fully decayed incident no longer moves the number at all. The incident timeline below each score keeps the full history visible regardless: the score forgets on schedule, the record never does. Severity runs 1–5; a hack fully reimbursed to users is curated one severity step lower.
04
Why proof of reserves alone is not enough
A proof-of-reserves attestation shows that assets backing customer balances existed at a point in time. That is genuinely valuable — and it is one component at 20%, not the whole score. What a reserves snapshot cannot show: whether withdrawals actually work under operational stress. Our curated record contains documented withdrawal halts that had nothing to do with solvency — for example, an outage of roughly eight hours including halted withdrawals at Coinbase during the May 2026 AWS thermal event, documented in an official postmortem.
Solvency and operational reliability are different failure modes. A score that collapses them into one badge would miss the more common of the two.
05
The data rules that carry it
Every negative datapoint must be dated, factual and sourced — incidents of severity 3 or higher are rejected by the pipeline without a source URL. Where data does not exist, the component says so instead of guessing. Corrections with sources are applied and dated. And the hard rule underneath it all: no venue can pay to change a score, and affiliate links — clearly labelled — never enter the scoring.
Questions, answered
01
What is proof of reserves?
A published attestation — ideally on-chain verifiable and independently audited — that an exchange actually holds the assets backing customer balances. In Skontro’s Reliability Score it is one of six components, weighted at 20%: important, but a reserves snapshot alone does not prove that withdrawals work operationally.
02
Has any exchange ever halted withdrawals?
Yes — our sourced incident record documents withdrawal halts and delays at named venues, each with date and source. One example from the curated record: during the May 2026 AWS thermal event, Coinbase saw an outage of roughly eight hours including halted withdrawals, documented in an official postmortem. The full, dated record per venue is public on each exchange page.
03
How is a crypto exchange reliability score calculated?
As a weighted sum of six components: withdrawal reliability 25%, proof of reserves 20%, regulatory standing 20%, security history 15%, support quality 10%, operational maturity 10% — composite 0 to 100. Incidents lose weight linearly over 24 months, severity runs 1–5, and any incident of severity 3 or higher is rejected without a source URL. No venue can pay to change a score.
Further reading
Scores are information, not recommendations — facts with sources, you decide. Incident examples above are from the curated, dated record; the per-venue basis is public on each exchange page. Data, not a recommendation.
Not investment advice. Skontro is not a CASP under MiCAR. Market data from public exchange orderbooks; EUR reference via CoinGecko. Live measurements carry their data age; curated fees carry their verification date.