Crypto 101BasicCoinMarketCap: What Is It? Guide to Registration and Usage

CoinMarketCap: What Is It? Guide to Registration and Usage

Searching and grasping information quickly in the Crypto market is crucial for success, and CoinMarketCap is one of the tools that helps us achieve that. So, what is CoinMarketCap? Let’s explore how to register and use CoinMarketCap.

What Is CoinMarketCap?

CoinMarketCap is one of the most widely used cryptocurrency price tracking websites globally. The platform provides data on prices, market capitalization, trading volumes, and other information for over 18,000 different cryptocurrencies.

Established in 2013 by Brandon Chez, the website quickly gained popularity among investors, traders, and Crypto users worldwide. In March 2020, CoinMarketCap was acquired by the largest Crypto market company, Binance, and has been operated by them since.

Guide to Register on CoinMarketCap

  1. Visit: CoinMarketCap
  2. Choose “Sign up” and register your account with your email address.

How to Use CoinMarketCap

Homepage Interface

The homepage interface of CoinMarketCap includes the following components:

  1. General market information, such as the total number of coins, tokens, exchanges, market capitalization, trading volume, etc.
  2. Main features of CoinMarketCap, including Cryptocurrencies, Exchanges, Community, CoinMarketCap products, etc.
  3. Account settings for individual users.
  4. Statistics and market trends provided by CoinMarketCap.
  5. Rankings of coins and tokens in the entire Crypto market by CoinMarketCap.

Project Details Interface

The interface when accessing a specific project on CoinMarketCap includes:

  1. General information about the coin or token, such as market capitalization, trading volume, circulating supply, total supply, etc.
  2. Price and market capitalization chart for that coin or token.
  3. Latest information about the project provided by third parties on CoinMarketCap.
  4. Basic information about the project and coin, such as smart contract, website, whitepaper, Twitter, forum, etc.
  5. Supported centralized or decentralized exchanges for trading pairs related to that coin or token.

Exchanges Interface

The interface of the exchanges section is divided into three parts:

  1. Spot: Concentrated exchanges.
  2. Derivatives: Concentrated derivative exchanges.
  3. DEX (Decentralized Exchanges): Concentrated decentralized exchanges.

Information displayed at the Spot section includes:

  • Score: Rating of exchanges ranked by CoinMarketCap.
  • Trading Volume (24h): Trading volume of exchanges in the last 24 hours.
  • Avg. Liquidity: Average liquidity.
  • Weekly Visits: Number of weekly exchange visits.
  • Market: Number of trading pairs.
  • Coins: Number of supported coins or tokens.
  • Fiat Supported: Types of supported fiat currencies.

Information displayed at the Derivatives section includes:

  • Trading volume: Trading volume in the last 24 hours.
  • Maker Fees: Maker fee of the exchange.
  • Taker Fees: Taker fee of the exchange.
  • Open Interest: Total open positions on the exchanges.
  • No. Markets: Number of trading pairs.
  • Launched: Launch date of derivative trading.

Information displayed at the DEX section includes:

  • Trading volume: Trading volume in the last 24 hours.
  • %Mkt Share: Percentage of trading volume on the entire market.
  • No. Markets: Number of supported trading pairs.
  • Type: Mechanism of the decentralized exchange.
  • Launched: Launch date of the product.

Community Interface

The Community section interface is divided into two parts:

  • Feeds: Interface includes posts posted by the community.
  • Articles: Information verified and posted by CoinMarketCap and major contributors.

Products Interface

The Products section interface is divided into three parts:

  1. Products: CoinMarketCap products such as Converter, Blockchain Explorer, Telegram Bot, etc.
  2. Campaigns: Ongoing campaigns on CoinMarketCap such as airdrops, Diamond rewards, Learn and Earn, etc.
  3. Calendars: Upcoming significant events such as ICOs, IDOs, etc.

Learns Interface

The Learns section interface is divided into five parts:

  1. News: Rapidly updated news about the Crypto market and economy.
  2. Alexandria: Includes courses released by CoinMarketCap.
  3. Research: In-depth analysis documents about the Crypto market.
  4. Videos: Videos on market knowledge released by CoinMarketCap.
  5. Glossary: Various basic terms about the market organized sequentially.

Conclusion

These are the key details for understanding what CoinMarketCap is, as well as how to register and use this platform. We hopes that this article provides everyone with useful information.

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