Finding and capturing information quickly in the Crypto market is something everyone needs to do to win, CoinMarketCap is one of the tools that helps us do that. So what is CoinMarketCap? Join Weakhand to find out how to register and use CoinMarketCap?
Some other tools can also help everyone in the investing process:
- 5 Crypto Portfolio Management Tools
- 5 Best On-chain Crypto Tools
- 20 Essential Crypto Websites for Beginners
What is CoinMarketCap?
CoinMarketCap is one of the cryptocurrency price tracking websites with the most users in the world. This website provides price data, market capitalization, trading volume, and other information on more than 18,000 different cryptocurrencies.
CoinMarketCap was founded in 2013 by Brandon Chez then this website quickly became popular being used by investors, traders and Crypto users around the world. CoinMarketCap was then acquired by the largest company in the Crypto market, Binance, in March 2020 and operated until now.
CoinMarketCap Registration Instructions
- Visit: https://coinmarketcap.com/
- Select Sign up and register an account with your Email address.
Instructions for Using CoinMarketCap
Interface on the home page
The interface on the CoinMarketCap homepage includes the following components:
- General information about the market, including the number of coins, tokens, number of exchanges, capitalization of the entire market, trading volume,…
- Key features of CoinMarketCap such as Cryptocurrencies, exchanges, community, CoinMarketCap products,…
- Key features of account settings for individual users.
- The information and market trends in this section are compiled by CoinMarketCap.
- Ranking of coins and tokens in the entire Crypto market by CoinMarketCap.
Interface when accessing a project
The interface when accessing a project on CoinMarketCap will include the following components:
- General information about that coin or token such as market capitalization, trading volume, circulating supply, total supply,…
- Price chart and market capitalization of that coin or token.
- Newly updated information about that project is provided by third parties on CoinMarketCap.
- Basic information about the project and coins and tokens such as smart contract, Website, Whitepaper, Twitter, Forum,…
- Centralized or decentralized exchanges are supporting trading pairs related to that coin or token.
Interface of trading floors
The interface of the trading floors will be divided into 3 different parts including:
- Spot: Centralized exchanges.
- Derivatives: Centralized derivatives exchanges.
- DEX: Decentralized exchanges.
The information displayed by CoinMarketCap in the Spot section includes:
- Score: Exchange rating scores ranked by CoinMarketCap.
- Trading Volume (24h): Trading volume of exchanges in the most recent 24 hours.
- Avg. Liquidity: Average liquidity.
- Weekly Visits: Number of weekly visits to the floor.
- MArket: Number of trading pairs.
- Coins: Number of coins or tokens supported.
- Fiat Supported: Supported fiat currencies.
The information displayed by CoinMarketCap in the Derivatives section includes:
- Trading volume: Trading volume in the most recent 24 hours.
- Maker Fees: Maker fee of that exchange.
- Taker Fees: Taker fee of that exchange.
- Open Interest: Total positions opened on exchanges.
- No. Markets: Number of trading pairs.
- Launched: Date of launching derivative trading.
The information displayed by CoinMarketCap in the DEX section includes:
- Trading volume: Trading volume in the most recent 24 hours.
- %Mkt Share: % dominates the trading volume in the entire market.
- No. Markets: Number of supported trading pairs.
- Type: Mechanism of decentralized exchange.
- Launched: Product launch date.
Interface of the Community section
The interface of the Community section is divided into 2 parts including:
- Feeds: The interface includes articles posted by the community.
- Articles: Information posted by CoinMarketCap and major verified parties.
Interface of Products section
The interface of the Products section is divided into 3 parts including:
- Products: CoinMarketCap products such as Converter, Blockchain Explorer, Telegram Bot,…
- Campaigns: Campaigns taking place on CoinMarketCap such as airdropm, Diamond rewards, Learn and Earn,…
- Calnedars: Upcoming important events such as ICO, IDO,…
Interface of the Learns section
The interface of the Products section is divided into 5 parts including:
- News: News about the Crypto market and the economy are updated quickly.
- Alexandria: Includes courses published by CoinMarketCap.
- Research: In-depth analytical documents about the Crypto market.
- Videos: Market knowledge videos released by CoinMarketCap.
- Glossary: Many basic market terms are arranged in order.
Summary
Above is the information that everyone needs to understand to understand what CoinMarketCap is as well as how to register and use this platform. Weakhand hopes that this article has brought everyone useful information.
