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what is coinmarketcap and it’s use-cases well explained, In the fast increasing cryptocurrency market, CoinMarketCap is the world’s most-referenced price-tracking website for cryptoassets.
Its goal is to make crypto more accessible and efficient around the world by providing unbiased, high-quality, and accurate information to retail consumers so they can make their own informed decisions.
CoinMarketCap was founded by Brandon Chez in May 2013 and has swiftly evolved to become the most trusted source for comparing thousands of cryptoassets among users, institutions, and the media.
What is coinmarketcap and it’s use-cases.
It is frequently quoted by CNBC, Bloomberg, and other major news agencies. (CoinMarketCap’s data is also used by the US government for research and publications!)
Binance Capital Mgmt purchased CoinMarketCap in April 2020. Binance is a worldwide blockchain startup that operates the world’s largest digital asset exchange in terms of trading volume and users’
with the goal of making cryptocurrency more accessible and systemically significant to people all over the world.
CoinMarketCap intends to use its parent company’s considerable resources to obtain more in-depth data on projects, minimize information asymmetry in the crypto business, and provide higher-quality data to its hundreds of millions of users as a result of the acquisition.
CoinMarketCap is committed to providing accurate, timely, and unbiased data. CoinMarketCap has operated independently from its parent firm since its acquisition by Binance in early 2020. For more information, see our disclosure policy.
CoinMarketCap made its debut in May of 2013.
CoinMarketCap releases its first public API in May of 2016.
In May of this year, CoinMarketCap released its first iOS app.
CoinMarketCap launched its professional API in August 2018.
With 3.6 billion page visits in December 2018, CoinMarketCap comes to a close for the year.
The CMC200 and CMC200EX indices are listed on Nasdaq, Bloomberg, and Refinitiv in March 2019.
CoinMarketCap introduces its first Android app in April 2019.
CoinMarketCap establishes the DATA Alliance in May 2019 to promote data openness and accountability in the cryptocurrency market.
Hashtag Capital is acquired by CoinMarketCap in June 2019.
The Capital, CoinMarketCap’s first-ever conference, will take place in November of this year.
The Liquidity Metric is a new metric introduced by CoinMarketCap.
April of the next year.
Binance has purchased CoinMarketCap.
2020, May/June
Liquidity Score will be upgraded by CoinMarketCap, with new details provided in the revised methodology.
Please see our listing policy and frequently-asked-questions for more information on how crypto projects and exchanges are listed on CoinMarketCap.
Through its price-tracking website, mobile app, newsletter, blog, social media (Twitter, Telegram, Facebook, Instagram), and annual conference, CoinMarketCap reaches hundreds of millions of users each year.
Please contact advertising@coinmarketcap.com if you’d like to advertise with CoinMarketCap or learn more about our corporate product options. Please contact us at social@coinmarketcap.com for editorial partnerships on our blog.
Check out our careers page for current employment openings at CoinMarketCap.
Policy on Transparency
Binance Capital Mgmt purchased CoinMarketCap in April 2020. Between CoinMarketCap and Binance.com, there is no ownership tie.
Binance is a worldwide blockchain firm that operates the world’s largest digital asset exchange by trading volume and users, with 25+ products, projects, and activities aimed at accelerating cryptocurrency adoption.
As part of its objective to expand the freedom of money, Binance.com is known for providing a diverse selection of cryptoasset trading alternatives and fiat on-ramps for a variety of currencies throughout the world.
Following the acquisition, CoinMarketCap will continue to operate as a separate corporate entity, dedicated to providing the industry’s most accurate, timely, and high-quality cryptocurrency statistics.
For how it evaluates cryptoassets, CoinMarketCap carefully adheres to and enforces its independent listing criteria rules, circulating supply calculation methodology, and liquidity score.
While the Binance cryptocurrency exchange and its native token BNB are both listed on CoinMarketCap, the two companies are separate and follow a rigorous policy of independence.
Binance has no influence over CoinMarketCap rankings, and CoinMarketCap has no influence over Binance’s activities.
CoinMarketCap’s rating algorithms and listing processes are not controlled by any Binance employee, including CZ. Cryptoassets that want to be listed on
CoinMarketCap should fulfill the rules in our listing policy, and their merits will be reviewed fairly and objectively.
Even for the Binance exchange or the BNB cryptoasset, CoinMarketCap’s official rating criteria are designed to preclude any potential of preferential treatment in general.
This shall be enforced regardless of whether or not adhering to policy has a good or negative financial impact on the parent firm.
CoinMarketCap and its employees do not take public stances on any cryptoasset’s economic merits, nor do they publicly advocate any cryptoasset or blockchain project.
CZ and/or Binance’s cryptoasset and/or project endorsements are unconnected to the CoinMarketCap brand and operations.
CoinMarketCap will continue to independently deliver the most accurate cryptocurrency data to the general public.
We are convinced that this acquisition will reinforce our shared aim of advancing the crypto revolution and promoting transparency in the crypto ecosystem.
What is the purpose of CoinMarketCap?
In the fast increasing cryptocurrency market, CoinMarketCap is the world’s most-referenced price-tracking website for cryptoassets.
Its goal is to make crypto more accessible and efficient around the world by providing unbiased, high-quality, and accurate information to retail consumers so they can make their own informed decisions.
Is coinmarketcap safe to use?
Yes, CoinMarketCap is a cryptocurrency price tracking website that was founded in 2013 and tracks a wide range of cryptocurrencies such as Bitcoin, Ethereum, Zilliqa, Zcash, and SafeMoon.
It is one of the most popular cryptocurrency websites in the world, and it is frequently trending on Twitter and Instagram.
This study will explain what CoinMarketCap is, how it works, and how it may assist you in tracking and diversifying your portfolio, as well as potentially earning money.
We’ll also provide a list of some of the most popular coins on the site so you know what to look for.
When you first start accepting cryptocurrency, one of the most important tools you need to get your head around is Coinmarketcap.com. Coinmarketcap is one of the biggest websites on the internet for people who are interested in cryptocurrencies.
It currently gets over 20 million visits each month, and has over 100,000 listed cryptocurrencies. But there’s one big question that people have… Is coinmarketcap safe to use?
Most cryptocurrencies have surged upwards tremendously in value during 2017. In just this one year, the total market capitalization of all cryptocurrencies increased from around US$15 billion to over US$600 billion.
This kind of performance attracts a lot of investors who want to make a quick profit. A popular place for people to track the price and values of cryptocurrencies is Coinmarketcap, which displays data from many different exchanges. But is Coinmarketcap safe to use?
Coinmarketcap has been around for a while. That’s great, however, you still need to question the site. Is Coinmarketcap safe? Let’s see if we can get the answered for this popular market data site.
You’ve heard it a thousand times – if you don’t control the private key, you don’t control the bitcoin. So you have to be extra careful with your encrypted wallets. You might have read something bad about coinmarketcap recently and are now worried about using their website.
- This post answers how their website works and if it’s safe for you to use.
I’m going to be as truthful and straightforward as I can with you. It’s my hope that by being 100% above board and honest here, you will feel comfortable using coinmarketcap.com. The website is a great resource, and I encourage you to read through this article with the intention of feeling positive about using the website – at least for now.
I’d also like to state that this article is not intended to be a personal attack on anyone involved with the website. I’ve tried to write it as a neutral third party – but timing can be everything and there’s no hiding from the fact that this article is being released on the same day that many of us stand to lose out due to the coinmarketcap debacle (link here)
I know it’s tempting, but don’t use coinmarketcap.com to decide if a cryptocurrency is legit or not. Let me explain why.
Coinmarketcap is a cryptocurrency market site that tracks the prices of cryptocurrencies. It is one of the biggest websites by visitors in the cryptocurrency space and also has some of the state-of-the-art features, like real-time prices, price charts, crypto news and cryptocurrency calendar.
CoinMarketCap is the tip of the spear when it comes to cryptocurrency data. CMC offers an extensive list of cryptocurrencies and detailed information that includes current price, daily high, low, and volume of cryptocurrencies.
Recently, the crypto markets have been rocked by the news that CoinMarketCap has ‘adjusted’ their figures – Which means they’re now seemingly overstating the true market cap of many coins.
Let’s face it. The crypto-currency market is in a bit of a bubble (if we’re honest with ourselves). It might end tomorrow, the following month, or it may still be running high in 10 years time (I personally doubt this one).
What I do know is that despite the ups and downs of the market, over 200 new crypto-currencies are created every month. And all of them claim to be better, faster and more secure than all of the previous ones.
So you have seen the latest crypto craze and have decided you want to invest in it. Let’s say you are going to put $5,000 into crypto. Where do you start? I can imagine this is one of the most asked questions right now as we are in the midst of a crypto boom. My answer: Start by knowing what is available to you.
