CoinMarketCap, the reference for cryptocurrency prices
All about CoinMarketCap
CoinMarketCap is one of the best-known platforms in the cryptosphere. The site lets you consult the real-time price of the various cryptocurrencies on the market. CoinMarketCap also provides other essential information on each token, such as trading volume or market cap. For the world’s most popular cryptos, CoinMarketCap provides other interesting data such as the history of each crypto, their main characteristics, how to mine them or where to buy tokens.Origins of CoinMarketCap
The site was launched in May 2013 by entrepreneur Brandon Chez. Three years later, the platform launched its first public Application Programming Interface (API). In April 2020, the platform was acquired by Binance Capital Mgmt, one of the most recognized companies in the cryptocurrency world.CoinMarketCap’s goals
CoinMarketCap describes its role in these terms:“(CoinMarketCap’s mission) is to make crypto more accessible and effective to the general public by providing unbiased, qualitative and accurate information so they can draw their own conclusions.”
With reliable and relevant data, the site is today one of the leaders in the field.CoinMarketCap’s key features
Cryptocurrencies referencing
CoinMarketCap aims to inform users about cryptocurrencies. The site currently counts 9,990 cryptocurrencies and 381 exchange platforms. Not bad, eh? Assets are ranked according to their capitalization on the crypto market. Bitcoin (BTC) is unsurprisingly at the top, followed by Ethereum (ETH) and Binance Coin (BNB).Your CoinMarketCap portfolio
You can create a portfolio directly on the site. This will enable you to track your token exchanges or the evolution of the virtual currencies you own. In addition to this tool, you have access to a wealth of information on crypto news and important events to take into account for your investments.Unique features
The site lets you earn tokens for free via its CoinMarketCap Earn tool. All you have to do is watch videos and take quizzes on how cryptocurrencies work. It’s a great way to combine business with pleasure!CoinMarketCap’s platforms
CoinMarketCap offers its services on its website, but also has an application enabling you to access your account and crypto prices wherever you are.The website
The site is very comprehensive. It’s also accessible to the widest possible audience, since it’s available in several languages, including French. You’ll find numerous sections, including :- Cryptocurrencies, with their rankings, charts and other data.
- Exchange platforms, also featuring various rankings and tips for buying cryptos.
- NFT (Non-Fungible Token), detailing the classification of these tokens.
- Portfolio, where you can manage your portfolio of crypto assets.
- Watchlist, where you can fill in the cryptocurrencies you’re most interested in via your account.
- Calendar, with all current crypto projects and their deadlines updated in real time. Products, listing all CoinMarketCap services, including a converter, a mobile application and job ads.
- Learn, a section dedicated to the vocabulary associated with crypto-currencies and, more broadly, how they work.
The app
Why and how do I create a CoinMarketCap account?
Why create an account at CoinMarketCap?
Good question! Is it really necessary to register on the platform? In reality, you can access a lot of information without having an account. However, by creating an account on CoinMarketCap, you’ll be able to unlock a huge number of features. What’s more, registration is free.How do I create a CoinMarketCap account?
Registering on the platform is very easy. You can do so via the website or the application:Create a site account
Simply click on the blue button in the top right-hand corner of the screen, as shown in the photo below. You’ll then need to enter your e-mail address and a password. Once e-mail verification has been completed, your account is activated.Create an account on the app
The process remains much the same on the application. Once you’ve downloaded the platform, you press the three grays at the bottom right of your screen (see photo below). Once you’ve clicked on “create an account”, you’ll need to enter your e-mail address and a password, not forgetting e-mail verification.How-to guide: track your crypto wallet
Have you invested in various currencies such as XRP, EOS, or even more obscure tokens? CoinMarketCap lets you keep track of your crypto portfolio with ease. Add your currencies and tokens to your portfolio on the app and check overall performance at a glance. It’s the perfect tool for serious investors and curious amateurs alike.- How to add currencies to your portfolio?
- Go to the “Portfolio” section in the app.
- Click “Add currencies”.
- Search and select the coins and tokens you own.
- Confirm to see all your coins in one place.
Keep track of the latest prices: price alerts
If you’re investing in the world of cryptocurrencies, staying up-to-date with the latest prices is crucial. CoinMarketCap offers a price alerts feature that allows you to track over 16,000 markets in real time. Set up your alerts for specific currencies like XRP, EOS, or Litecoin and receive notifications directly on your mobile app. It’s like having a stock market advisor in your pocket!- How to set up price alerts
- Open CoinMarketCap app.
- Look for the crypto currency of your choice.
- lick on the bell icon to set up your alert.
- Choose the cryptocurrency price threshold for which you wish to be alerted.
Stay up-to-date with crypto market news
The world of cryptocurrencies is constantly evolving. From ICOs (Initial Coin Offering) to new crypto projects, there’s always something new. CoinMarketCap helps you stay up to date with the latest market news. Never miss an important update!- How do I keep up with the news?
- Go to the “News” section on the website or in the app.
- Here you’ll find articles, analysis and updates on the cryptocurrency market.
- You can even set up notifications for specific news items.
How to choose between CoinMarketCap and its competitors?
In today’s saturated crypto market, choosing the right platform to track cryptocurrency prices can be confusing. CoinMarketCap stands out for its total market capitalization and real-time data. But if you’re a fan of altcoins like Cardano or Litecoin, platforms like CoinGecko might be more to your taste. Compare the features, and choose the one that suits you best.Comparison criteria :
- Market capitalization and volumes
- Real-time data
- Number of cryptocurrencies
- Additional features like ICOs
Our review of CoinMarketCap
CoinMarketCap is truly the benchmark for crypto rankings. More than just data, the site offers effective, reliable tools. Features are comprehensive and even innovative compared to other sites of the same type. Even if there are several competitors, such as CoinGecko, Blockchain wallet or even Coinsflare, CoinMarketCap remains unmissable and particularly effective. We recommend that you register with the platform and visit it regularly.CoinMarketCap’s advantages and disadvantages
Here is a summary of the site’s strengths and weaknesses, which cover the essential aspects of this article:Advantages
- Reliable and relevant information
- App available on iOS and Android
- User-friendly
- Create an account and earn tokens for free
- Lists a large number of platforms and cryptocurrencies
Disadvantages
- The free offer does not give access to many features.
- The fact that the company is owned by Binance does not guarantee the best possible transparency regarding the classification of the latter’s token.
- Some investors feel that the site can sometimes lack precision.