blog

Home / DeveloperSection / Blogs / Coinmarketcap as a tracking platform

Coinmarketcap as a tracking platform

Coinmarketcap as a tracking platform

Pedro Araez350 07-Mar-2023

Coinmarketcap is an analytics platform that provides real-time pricing data for over 20,000 cryptocurrencies. Coinmarketcap information is updated daily and includes all market activity from the largest exchanges and trading platforms around the world.

Coinmarketcap serves as a central hub of information about cryptocurrencies, providing users with a simple way to track their holdings at any time. This allows investors to easily keep track of their investments without having to manually enter prices into multiple different websites or applications on their mobile devices.

The site was launched in July 2014 by Thomas Glucksmann and Eric Wall. Both founders were working at a hedge fund at the time, and they wanted to help people understand the cryptocurrency market better.

They built Coinmarketcap to provide data on the top 100 cryptocurrencies and their prices across exchanges globally. They also added information about each coin's market cap, price per coin, 24-hour trading volume, and the total supply of coins in circulation.

The site aggregates the data from a number of different sources, including exchanges and other market-tracking sites

·     It's updated daily, with new information added every 30 minutes.

·     The site updates in real-time, meaning that as soon as you click on an exchange name on CoinMarketCap, it will show your current price for trading BTC or ETH against it (or whatever coin you're looking at).

·     And if you want to see how much money someone has made by buying or selling shares in that particular exchange? Click on "Volume" and see their profits/losses graphically represented!

 Coinmarketcap as a tracking platform

Coinmarketcap is updated daily with information from Bitstamp, Coinbase, and Binance.

Coinmarketcap is an excellent source for cryptocurrency price information.

The site's aim is to help users see the most up-to-date market data for any given cryptocurrency or token on the market.

Cryptocurrency exchanges

Cryptocurrency exchanges are places where you can buy, sell, and trade cryptocurrencies. The best way to get exposure to new coins is by buying from an exchange that has a good reputation, such as Binance or Coinbase. Cryptocurrencies with low liquidity and no volume will also have fewer trading pairs (when two currencies are combined on the same platform) while those with high liquidity tend to have more options available in terms of prices per coin.

Exchanges will usually have different types of fees depending on how much money you want to trade at any given time; this means that if you're looking at making small purchases every few days instead of large ones every week then it may be cheaper for your bank account than paying fees every time!

Coinmarketcap as a tracking platform

Binance exchange

Binance is one of the largest cryptocurrency exchanges in the world. It was founded by Changpeng Zhao, also known as CZ, who was previously involved in other companies such as OKCoin and Huobi.

Binance has a trading volume of $1.7 billion and it offers a wide range of cryptocurrencies to customers through its platform. The exchange has over $2 billion worth of assets under management, making it one of the most popular platforms on which to trade cryptocurrencies today! One of the highest volume correlations with popular meme coin Shiba.

Binance Coin

Binance Coin (BNB) is an ERC20 token that was created in 2017 by Binance to reward users for using their platform.

The coin can be used to pay trading fees on the exchange, as well as other rewards like giving users access to VIP support services and early access to new coins being listed on the exchange. For example, you can trade any popular or even unpopular coins with convenience in correlation with BNB: BNB to BTC, BNB to ETH, etc.

Binance Coin has been traded on a number of different exchanges, including Kucoin and Huobi Pro (which shut down its own token sale). 

Cryptocom exchange

Cryptocom is a cryptocurrency exchange with headquarters in Hong Kong. It was established in 2016 and has since become one of the most popular exchanges for trading cryptocurrencies, especially those with a high value.

The company offers several services including:

·     Cryptocurrency wallet services - You can store your coins here, as well as trade them on their platform. If you're looking for an easy way to buy Bitcoin or Ethereum, this might be it!

·     Mining pool - This means that Cryptocom will help my blocks by giving out rewards for each block found by its users (you). This is good news if you want extra money from mining but don't know how or where to start! The more people who join together mining pools the bigger chance they'll find new blocks faster than individuals working alone could do alone."

Cryptocom coin

Cryptocom is a cryptocurrency that is based on the Ethereum blockchain. It was launched in 2017, and it's an Ethereum-based cryptocurrency. Cryptocom is also referred to as a decentralized cryptocurrency, which means it's not controlled by any one person or entity.

The name comes from the word crypto tech, which refers to people who use cryptography for their own purposes (such as keeping secrets). The idea behind the coin was that whoever created it would have control over its distribution and could decide who gets access to it. However, there were no rules set forth within these early days, one could simply create an account at Cryptocoinspace and start mining coins immediately

 

You can track interesting coins for you on the coinmarketcap every time!


Leave Comment

Comments

Liked By