CoinMarketCap – The Ultimate Online Platform for Keeping Tabs on Cryptocurrencies
CoinMarketCap is an online platform designed with modern day crypto needs in mind. Users can track the market capitalization and pricing of multiple cryptocurrencies with greatest accuracy. Crypto market capitalization means multiplying all the issued crypto coins derived from mining by their latest crypto market price. It simply defines the position of certain cryptocurrencies in the market. The team at CoinMarketCap works round the clock to provide you with accurate crypto information so that you can make a wise decision regarding your next crypto investment.
Being a serious crypto investor, you need accurate, veritable info to make the right decisions. You need to spend hours finding the right information to decide your next crypto move. CoinMarketCap is quite famous among crypto users because they know everything presented on coinmarketcap.com is real and reliable. Users can also narrow down the searches to get info about relevant coins. Each coin is presented with the following information: market cap, price, volume (24hr), circulating supply, change (24hr) and price graph of seven days. The platform is aimed at providing crypto users with accurate info so that they can devise right crypto strategies.
The platform employs very intuitive and easy to understand user interface, making it easier for everyone to comprehend everything displayed on the website. Anyone with even low crypto know how can understand what is used for what purposes. Overall, it’s an ideal platform for everyone wanting to execute the right crypto trades to win big. You can select cryptocurrencies of your choice by tapping on the category labeled ‘Cryptocurrencies’ on left side of the page. When it comes to authenticity of the platform, CoinMarketCap is 100% safe and reliable and you don’t need to pay for anything to access premium packages.
The tools you can use at CoinMarketCap include but are not limited to – Global Charts, Historical Snapshots, Currency Converter Calculator, Crypto Glossary, Watchlist, and Website Widgets. There’re number of ways you can take advantages of the platform, whether it’s related to advertising your crypto business or keeping up to date with the latest crypto news and stories. People who’ve used or are using the platform say positive things about the platform. If you’re new to crypto world and don’t know where to get exact crypto info, look no further than CoinMarketCap. It has everything to help you become a successful crypto trader. We’ll break down everything you see on CoinMarketCap site.
Top Cryptocurrencies By Market Capitalization on CoinMarketCap
Bitcoin’s huge success has inspired many to invent other new cryptoucrrencies. Now, we’ve a wide collection of crypto coins to choose from. You can know about certain cryptocurrencies on CoinMarketCap by using the category labeled ‘Cryptocurrencies.’ The following cryptocurrencies have a good market position, and therefore can provide you with big returns in no time if you act right way at the right time. Let’s have a look at the top cryptocurrencies appearing on CoinMarketCap:
It’s no surprise to see the mother of all cryptocurrencies rule the crypto market. Bitcoin is undoubtedly the most popular cryptocurrency in the world. Although Bitcoin’s position hasn’t been that much good in the last few months, many think it is all-set to surprise the world again. If you’re looking for safe crypto investments, it’s highly recommended that you stay away from Bitcoin. Instead, you should look for other options such as Litecoin, Ripple, or Bitcoin Cash. If you’re not well familiar with Bitcoin, the following paragraph will certainly go a long way toward constituting the right image of Bitcoin in your mind.
Bitcoin is a digital currency that’s not controlled or issued by anyone. People can use it to store and transfer any size of amount anywhere in the world, without having to pay government fees and taxes. You can use it to buy services and goods online, send money to anyone, and store wealth without the permission of any central body like government banks. No one can access or hack your Bitcoins if stored properly through the right channels. It’s often regarded as ‘Online Gold’ that is more efficient to send and store in comparison to physical gold. It’s safe to say that Bitcoin is the ‘internet of money’ and will surely do the same for finance what internet did for communication.
The Bitcoin network runs on a distributed, decentralized ledger called blockchain. Units running on Bitcoin network are known as Bitcoins that are used to store and transfer funds among network participants. Unlike fiat currencies that can be manipulated and devalued, bitcoins are issued in a different way using specific techniques to create sound currency to avoid the interference of any central or government body. Users can trade purchase or sell services and goods, transfer funds to anyone or organizations or even extend their credit in a borderless, secure and fast manner. To access these coins, users need a private key and a reliable internet connection.
In simple words, Ethereum is an open source software platform that runs on blockchain technology enabling developers deploy and build decentralized applications. It supports a revised version of Nakamoto consensus through transaction-based state transitions. Ether is a digital currency whose blockchain is powered by Ethereum platform. It can be transferred between multiple accounts and used to reward participants mining nodes for the computations performed. The Ethereum platform provides Ethereum Virtual Machine (EVM) that can perform scripts through a global network of public nodes. A special internal transaction pricing method ‘Gas’ is used to avoid spam and distribute resources on the network. Ethereum was first proposed in 2013 by a celebrated crypto researcher and programmer, Vitalik Buterin. Ethereum crowdsale took place in 2014 to fund its development, and it went live in 2015.
Although Ethereum sounds similar like Bitcion, there’re some significant differences between them. They differ considerably in capability and purpose. Bitcoin offers one specific blockchain technology app, a peer-to-peer electronic cash system that is responsible for online Bitcion payments. While the Ethereum blockchain lays special focus on running the decentralized app’s programming code, the Bitcoin blockchain focuses on tracking ownership of cryptocurrency (Bitcoins).
In Ethereum blockchain technology, miners work to make Ether instead of mining for Bitcoins. Ether is a type of crypto token issued to fuel the ethereum network. Ether is also widely used by app developers to pay for transactions services fees on the ethereum network. There’s also a second-type of token called gas, which is used to pay miners’ fees for adding transaction to their block.
Bitcoin Cash brings a comprehensive digital currency to the world, fulfilling the promise of Bitcoin by providing you with a ‘peer-to-peer electronic cash’. Users and merchants are empowered with reliable confirmations and low fees. The future of Bitcoin Cash is quite bright with unrestricted growth, permissionless innovation, global adoption, and decentralized development. The team behind Bitcoin Cash aims to provide the world with sound money that is easy to accessible. It was designed in August 2017 with a special focus on increasing the blocks’ size to process more transactions. It is different from Bitcoin Classic because it increases the size of block from 1MB to 8MB. It also eliminates a proposed code adjustment Segregated Witness (SegWit) that is designed to clear block space by deleting specific parts of the transaction.
The main reason behind launching Bitcoin Cash is to increase the total number of transactions to be processed. The supporters of Bitcoin Cash hope that the increase in the number of transactions will allow the currency to compete with the big volume of transactions that Visa and PayPal can handle by growing the size of blocks. Its ticker symbol is always represented by BCH. Like other digital currencies, Bitcion Cash allows you to send money to anywhere in the world, 365 days a year. The Bitcoin Cash network is always active like Internet. You don’t need anyone’s approval or permission to send funds to anyone, no matter how big or small transactions are.
Unlike banks that can freeze your accounts and hold your funds, Bitcoin Cash provides you with full control over everything. Banks can also block your transactions, terminate your account or charge you fees without warning. But this isn’t the case with Bitcoin Cash; you can access your funds anytime anywhere in the work without any restriction.
Released in 2012, Ripple is a currency exchange, gross settlement system and remittance network. It employs a simple ledger managed by a number of autonomously validating servers that continuously keep tabs on transaction records. Ripple isn’t reliant on the computing intensive PoW and energy used by Bitcoin. It’s comprised of a shared public database, which makes use of a consensus procedure between those verifying servers to confirm integrity. Those verifying servers can belong to individuals or banks.
The Ripple protocol (recognized as XRP) is meant to allow the direct transfer of funds between two parties with utmost accuracy. Users can exchange any type of currency, from gold to fiat currency. The team behind Ripple claims to avoid fees and delays of typical banking system. Unlike Ethereum and Bitcoin, Ripple doesn’t employ blockchain technology, which is quite interesting for many. A question may arise in your mind that if Ripple doesn’t use blockchain technology, then how does it verify transactions and manage others things related to the network. Ripple has its own patent technology RPCA to ensure transaction.
What makes Ripple stand out from the rest is that it offers fast international transaction time. There’re several currencies that can’t be directly converted to another currencies. Therefore, banks need to use USD as a mediator to do so.
EOS.IO is a one-of-a-kind blockchain protocol backed by the native digital currency EOS. The protocol imitates most of the features of a computer including hardware with computing resources distributed among EOS digital currency holders. It works as a smart contract platform aimed at helping in the deployment of industrial scale decentralized apps through a decentralized self-directed corporation model. The platform lays special focus on removing transaction fees and is capable of processing tens of thousands of transactions per second.
According to a white paper released in 2017, the EOS.IO platform was created by a private company block.one and launched as open source software in 2018. In order to confirm extensive distribution of native digital currency at the promotion of the blockchain, around one billion tokens were distributed by block.one. Brendan Blumer, the CEO of block.one announced that their company would support EOS.IO platform with $1 billion. Subsequently, the block.one raised around $4 billion to fund the blockchain during the course of Initial Coin Offering.
The main purpose of the platform is to offer decentralized app hosting, decentralized storage solutions and smart contract capability. It aims to be the first Decentralized Operating System that provides a development environment for dApps like Steemit and Bitshares. EOS, the main native token, is a utility token offering both storage and bandwidth on the blockchain. These tokens also let user cast votes and participate in On-Chain Governance of blockchain, in proportion to the user’s stake.
Rankings Tab on CoinMarketCap’s Menu Bar
You can CoinMarketCap to get to know about the position of certain cryptocurrencies and crypto exchanges in the market. The Rankings tab on CoinMarketCap’s menu bar will help you narrow down the searches. You can find information about top 100 cryptocurrencies, top 100 coins, top 100 tokens, top 100 exchanges with adjusted volume, top 100 exchanges with reported volume, exchanges with 24h volume, and cryptocurrencies with 30d volume. If you’re new to crypto world and don’t know where to find reliable, accurate crypto information, CoinMarketCap is an ideal platform to get your feet wet in the game. Finding the right cryptocurrencies to invest in isn’t an easy thing; you need to conduct your research to shortlist the best cryptocurrencies with good market position. The following exchanges are the top crypto exchanges by trade volume on CoinMarketCap. Let’s take a look at them below:
Binance is one of the largest cryptocurrency exchanges in the world, known for its good performance and reliability. Over the course of 5 months, it has gained the tenth postion among the top volume crypto exchanges. There’re multiple factors behind its global adoption: multiple language support, easy user interface and fast processing speed. The exchange is only dedicated to trading cryptocurrencies. So, it’s not available for fiat-wired deposits. If you’re looking to start your crypto venture, working with Binance could be the right decision for you. It’s continuously growing at a fast rate, and if this growth persists, the day isn’t far off when it’ll be the biggest cryptocurrency exchange for trading altcoins. More and more tokens and coins are getting listed on it as compared to other major exchanges. You can also find ICOs on Binance if you’ve missed any. Opening a Binance trading account is very simple; anyone with even no crypto know how can easily set up an account on Binance.
OKEX is a one-of-a-kind crypto exchange allowing you to trade digital currencies and fiat-powered tokens. The exchange also offers digital asset-based futures with several leverage choices. It also has a collection of unique algorithmic trading tools aimed at professional traders. Other products include but are not limited to a vault, wallet and a block explorer. Unfortunately, the exchange is available for selected locations. The citizens of the following countries can’t use the platform: Cuba, Hong Kong, Iran, Sudan, North Korea, USA and its territories, Syria, Malaysia, Ecuador, Bangladesh, Kyrgyzstan, Crimea, and Bolivia.
Houbi is the leading digital asset exchange backed by the world’s famous crypto financial services group. Based out of Singapore, the Houbi Pro trades over 100 digital assets. Houbi has been in this business since 2013, so no one can question its credibility. Thanks to its global acceptance, the exchange is growing in popularity and has planted offices in the United States, Singapore, Korea, Hong Kong and Japan to enhance its users’ base. It also has Houbi Autonomous Digital Asset Exchange, which is world’s first self-directed token listing exchange. Getting started with Houbi is super simple. You need to get yourself registered by providing your personal information such as email ID. When it comes to the benefits of HT Tokens (Huobi Tokens), there’re a number of ways an HT token holder can take advantage of HT tokens:
(1) HT token owner get VIP memberships, and trading fee discount up to 50%.
(2) Token holders can take participation in the voting mechanism for token listings on the exchange.
(3) HT tokens offer liquidity, and they are also re-purchased by Houbi every quarter to support Houbi investor protection fund.
HitBTC’s simple and intuitive user interface is what makes it a fairly good option for new traders. It also provides its users with a powerful tool set aimed at meeting the modern day cryptocurrency requirements. It is one of the few crypto exchanges that support crypto/fiat trading, however, users need to go through a stringent verification procedure to make the most of this feature. The following are the major positive points of HitBTC: Low Fees, High Liquidity, Stable Uptime, Fiat deposits & withdrawals (EUR/USD), Advanced App Building Protocols, Multi Language Support, and Order Matching Engine. Since its start, the exchange has continued to add more new tools and currencies to its platform. The ICO feature is one of the best features that assists in adding tokens to the exchange.
Founded in 2012, Bitfinex is a Hong Kong based crypto trading platform operated and owned by iFinex, Inc. It’s one of the most popular crypto trading platforms among crypto traders. Although it operates worldwide, the team behind Bitfinex recently decided to terminate their services to US customers. The exchange employs a comprehensive, robust and highly customizable interface to cater to experienced users. The main dashboard provides users with a variety of different options and tabs. It also has trading view charts and offers a mobile application that is available free for both iOS and Android users. In terms of security, Bitfinex uses cutting edge security techniques and systems employed by leading crypto exchanges. The website utilizes database duplication and encryption in addition to DDoS protection to make sure the trading system can’t be stopped by the external influences. All the accounts are protected with PGP encryption, 2FA and a number of advanced tools aimed at monitoring fluctuations in the account activity.
In addition to providing you with 100% accurate data, CoinMarketCap provides you with a host of cutting edge tools to make it easier for you to do your crypto research. The tools you can use at CoinMarketCap include but are not limited to – Global Charts, Historical Snapshots, Crypto Glossary, Currency Convertor Calculator, Watchlist, and Website Widgets. All of the aforementioned tools can go a long way toward helping you devise your next crypto investment strategy.
Global Charts – These charts are updated every day to bring you a concise picture of crypto market. All the professional crypto traders use these charts to ensure they are investing in the right crypto coin. There’re three types of charts present on the site: Total Market Capitalization, Total Market Capitalization (Excluding Bitcoin), and Percentage of Total Market Capitalization (Dominance). You can easily spot the best coins performing well in the market using the aforementioned charts. You can download or print these charts, depending on your preferences. You can also download them in the following formats: PNG image, JPEG image, PDF document, and SVG vector image. Users can get the charts of particular dates of their choice. When it comes to the authenticity of these charts, you can fully rest assured that these charts exhibits real information as there has not been a single negative review reported so far. In dominance chart, cryptocurrencies are denoted by different colors to make it easier for you to spot them in the chart.
Historical Snapshots – As their name suggests, historical snapshots allow you to see how cryptocurrencies have performed in the past days, weeks or months. These snapshots come in handy to detect the behavior of different cryptocurrencies in the market. Users can even check 5-year old snapshots without having to go through any complex process.
Crypto Glossary – This is one of the best tools offered on CoinMarketCap. If you have confusion about any crypto term, this tool will certainly go a long way toward answering your questions. It’s an ideal tool for novices and pros alike.
Cryptocurrency Price Ticker Widget – This tool is perfect for those wanting to know about a particular cryptocurrency. You can check the rank, market capitalization, volume 24h, and more. All of the tools you see on CoinMarketCap are 100% reliable and veritable. As a crypto trader, you can make the most o them to add a lot of convenience to your crypto trading life.
‘Trending’ tab on CoinMarketCap
As already discussed above, the CoinMarketCap has everything necessary to execute crypto trade with utmost accuracy. From advanced tools to crypto glossary, everything has been designed with present day in mind. The trending tab present on platform provides you with complete information about the ‘Biggest Gainers’ and ‘Biggest Losers’. Users can also check all the recently added tokens and coins.
You can make the most of the data presented on CoinMarketCap. You don’t need to keep tabs on different cryptocurrencies to see who is performing well in the market and who’s losing the ground. You can also know about the recently added crypto coins and tokens that are new in the crypto game. People who are using or have used CoinMarketCap say cool and good things about its crypto information and tools. Everything is absolutely free and you don’t need to pay for anything to access more advanced features and tools.
The CoinMarketCap platform is not only a source of getting crypto information; it’s a complete package for novices and pros alike. The major services they offer include but are not limited to Advertising, Crypto Events Calendar, Newsletter, Professional API, and Buy Cryptocurrency. When you are availing any of the aforementioned services from CoinMarketCap, you can rest assured that you’ll get exactly what you want. The team at CoinMarketCap is very friendly and committed to listening to your queries. You can contact them to get the best advice regarding your next crypto strategy. Let’s find out what they have to offer you:
The platform provides you with an opportunity to get your message across to the right audience. You can avail their advertising services to promote your crypto venture among crypto enthusiasts. You can purchase advertising spaces available on CoinMarketCap. It’s up to you what size or location you select for your advertising banner. You can choose between Top Banner – Deskop (728×90), Side Banner – Desktop (160×600), Bottom Banner – Desktop (728×90), Top Banner – Mobile (320×100), Mid Banner – Mobile (300×250), or Bottom Banner – Mobile (320×100). Availing advertising services from CoinMarketCap is one of the best things you can do to promote your crypto business.
Crypto Events Calendar
To be successful at crypto trading, you need to keep up to date with the latest stories and trends, which is possible only when you’re getting info from the right, veritable sources like CoinMarketCap. At CoinMarketCap, you can know about all the upcoming crypto events. All you need is to frequently visit the CoinMarketCap to keep tabs on the important crypto events. The team at CoinMarketCap offers complete support to sponsor your events. So, feel free to contact them if you’re planning to host a crypto event.
That’s biggie if you want to keep updated with the latest crypto news, stories, market analysis, and polls and giveaways. All you need is to sign up with them to start getting their newsletter. To become a successful crypto trader, you need to stay on top of things. So, there’s nothing better than signing up for CoinMarketCap newsletter to get the exact and up-to-date trade volume, listing prices, available supply, and market capitalizations. You can also stop getting their newsletter anytime by simply unsubscribing from newsletter emails or contacting them at firstname.lastname@example.org. You should visit their website to know more about their privacy practices.
CoinMarketCap’s Professional API
Whether you want to transform your unique crypto ideas into reality or improve your existing crypto business, CoinMarketCap has the best, professional API for you. As the world’s leading authority on crypto data, CoinMarketCap always provides with top-of-the-line solutions you can’t find anywhere else in the world. Their API is ideal for those who’re building a wallet, a new media offering, or a portfolio management tool. CoinMarketCap aggregates data from hundreds of reputable exchanges and thousands of crypto coins to make sure you get the right information every single time.
Download coinmarketcap faq
What is Market Cap and how is it calculated?
Market Capitalization of a cryptocurrency is calculated by multiplying all the issued coins derived from mining by the current market price. The following equation will help you better understand market cap;
Market Capitalization = Price X Circulating Supply.
What’s the difference between a token and coin on CoinMarketCap site?
A token is a cryptocurrency that is reliant on another cryptocurrency to operate. A coin is a cryptocurrency that is independent and can operate autonomously. You can easily check all the recently added tokens and coins on CoinMarketCap.
What’s the criteria for a digital currency to be listed on CoinMarketCap?
A cryptocurrency must meet the following criteria to be ranked on CoinMarketCap:
1 – Must be a crypto token or a cryptocurrency.
2 – The exact circulating supply number is required for market capitalization ranking.
3 – Must show a non-zero trading volume on one supported exchange at a minimum.
4 – Must be available on a public exchange with an Application Programming Interface (API) that reports the last 24hr trading volume and the last traded price.
For more information about specific features and services, please visit their FAQ page.
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