Independent Reserve
Independent Reserve is a centralized exchange. Reports $5M in 24-hour trading volume across all pairs. Its domain ranks #181,240 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 7/10.
| Custody | Custodial |
|---|---|
| KYC | Required |
| Region | Australia |
| Since | 2013 |
| Website | www.independentreserve.com |
| 24-hour volume | $5M |
| Tranco web rank | #181,240 |
| Proof of reserves | No proof-of-reserves page |
| Reliability ratio (liquidity / Tranco) | 0.2× — volume scored in full (1× = the top-ten norm) |
| Liquidity size (thinner side of the book, ten largest markets, within 1% of mid) | $2M across 10 markets · via CoinGecko |
| Liquidity / volume | liquidity within 1% of mid is 42% of daily volume on its top-10 markets; 0% of that volume sits beyond the book (worst XBT/SGD at 25%, floor 0.07%) · via CoinGecko — within range · at or above the top-ten norm |
| Data access | Public order book, read directly, reaching ±1% of mid or further |
| Order-book depth (BTC, 0.1% of mid) | $1,682 within 0.1% of mid |
Figures from the 25 September 2026 build snapshot. Open the live view for the current rankings.
What the ranking counts
Volume is a claim about a past that left no artifact. An order book is a claim about the present the exchange has to have standing there when you look. Tranco web rank is the one number nobody can type: it counts resolvers in the wild, not anything the venue reports. That is why the ranking uses web rank as the anchor and treats a deep book as a permission to keep a position, not a reason to promote one.
Pairs from our own build snapshot (0)
No curated markets are recorded for Independent Reserve on this build. The exchange's own site is the primary place to browse its pair list; the ranking gathers markets by ASSET, so this section fills in as coins Independent Reserve trades appear in the top-N snapshot.