CoinMarketCap is a cryptocurrency price tracking tool that was established in 2013 and tracks a vast range of crypto coins, approximately 11,000. In the crypto space, it is one of the most referenced websites on Twitter and Instagram. It is often referred to as the Wikipedia of crypto.
CoinMarketCap was founded by Brandon Chez, but now belongs to Binance.
People often mistake CoinMarketCap for an exchange, which it is not. Instead, the website tracks and shows the prices of thousands of coins, and provides links to a number of exchanges where the coins can be purchased. It provides links to a diverse variety of exchanges, as not all coins can be purchased on one.
CoinMarketCap collects its real-time information from a number of sources. This information is used to provide accurate price tracking.
The statistics included for an asset are usually price, price change, 24-hour highs and lows, trading volume, and market cap. Charts can be viewed over different time periods, such as 1 hour, 24 hour, 7 day, 30 days, or a year. Historical information is also available, which can go back several years.
Users can also set up price alerts and notifications.
It is possible to see all listings on CoinMarketCap, or the top 500, 300, 100, 30 or 5 ranking coins. Users can also search for the biggest gainers, most viewed coins, or new coins.
In addition to the usual coins, notable coins that CoinMarketCap tracks include: Telcoin (TEL), Ecomi (OMI), Polkadot (DOT), Chainlink (LINK), Chia (XCH) and PancakeSwap (CAKE).
This is only a small fraction of the coins the company is tracking and listing on its applications. More than 11,000 cryptos are listed and analysed in real-time, so head to the company’s website for a full list.
As well as tracking cryptocurrencies, CoinMarketCap follows the performance and prices of many different exchanges. They give each exchange a score based on liquidity, web traffic and confidence in the company, providing categorized and overall rankings. There are tables for spot exchanges, derivative exchanges, DEXs and crypto lending exchanges.
CoinMarketCap displays information such as the 24-hour trading volume, average liquidity, weekly visits, markets, coins and fiat currencies that each exchange supports. From all this information, users can create their own watchlists highlighting which exchanges they are interested in.
Using CoinMarketCap is simple. If you just want to search through different cryptocurrencies and track them, you do not even need to log in, you can just browse the website.
For those wanting a more tailored experience, you can sign up and import your portfolio. This will let you track the coins you want and set up any widgets that may improve and refine your experience. This also lets you set up your own watchlists to track cryptocurrencies you want to keep an eye on.
Signing up is simple, you just need to create an email login and password. There are no fees to pay unless you want the professional API. You can even sign up for the free CoinMarketCap newsletter to receive any headlines and updates from the company.
CoinMarketCap is an extensive and comprehensive cryptocurrency site, accessible on both desktop and mobile, with a wealth of DeFi information, useful tools and free crypto rewards.
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