Exchange Rankings
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储备金证明有价值，但交易员更要知道它不能证明什么
Bitget 6 月储备更新提醒用户，把交易所透明度放进完整的对手方风险检查中。
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Proof of reserves is useful only when traders know what it does not prove
Bitget’s June reserve update is a good prompt to review how exchange transparency fits into counterparty-risk checks.
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比较 Robinhood Crypto 和 Coinbase Advanced，要看总成交效果而不是标称费率
加密交易 App 可以宣传低费用，但真实结果取决于点差、路由、maker-taker 费率、提现能力和交易者实际使用的订单工具。
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Robinhood Crypto and Coinbase Advanced should be compared by all-in execution, not headline fees
A crypto app can advertise low fees while the real outcome depends on spread, routing, maker-taker tiers, withdrawals and the order tools a trader actually uses.
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手续费最低的交易所，不一定是最适合交易的交易所
费率表很重要，但选择平台时还要比较安全性、流动性、订单工具、提现成本和操作流程。
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The cheapest crypto exchange is not always the best trading venue
Fee tables matter, but traders should compare security, liquidity, order tools, withdrawal costs and workflow before choosing a platform.
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比较交易所风控工具，不能只看按钮名称
Coinbase、Crypto.com 和 MEXC 都有 TP/SL 工具，但交易者更应比较触发逻辑、只减仓规则、批量设置和拒单风险。
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Crypto exchange risk tools should be compared by execution rules, not button names
Coinbase, Crypto.com and MEXC all describe TP/SL tools, but traders should compare trigger logic, reduce-only behavior, batch controls and rejection risk.
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MiCA 时代交易所竞争升温，但用户不应只看转入奖励
Coinbase 与 OKX 的活动容易吸引注意，但长期使用更应比较牌照、流动性、产品范围和提现控制。
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MiCA exchange competition is heating up, but users should compare risk controls before bonuses
Coinbase and OKX promotions may attract attention, yet licensing, liquidity, product access and withdrawal controls matter more for long-term users.
