How to Use CoinMarketcap. A Quick Recap.
The most basic thing that you can do on CoinMarketCap is look at the cryptoasset rankings on the homepage. Even though you might be new to the space, you can probably find something here that looks familiar.
Looking at an individual crypto asset on the homepage, you can already see several pieces of data about that asset. From the crypto asset's market capitalization, price, 24-hour and 7-day change, volume, and circulating supply. They also provide small pictorial views so that you can see a particular crypto asset's trajectory over the past week.
You can scroll down, almost infinitely, on thehomepage to see all of the crypto assets that CoinMarketCap ranks, its never ending — Infinito!
To have more insight about a coin, click on it to find the coin details page. One of the most important pieces of information on CMC’s coin details pages is the “market pairs” tab. Each market pair has their own trusted indicator, which helps you pick an exchange to trade your crypto. This confidence score reflects the liquidity of an exchange — the more liquidity it has, the easier it will be to trade crypto, is short, it finds the best exchange for that pair for you.
Best Exchanges By Volume.
Liquidity is the driving force of Crypto, this is no different for exchanges too. The larger the liquidity of an asset in a particular exchange, the lower the risk of volatility.
You can check out the exchanges by volume (check the adjusted volume for more accurate information) and more here.
Alternatively, if you're unaccessible to the link, select the “exchanges” tab, next to “cryptocurrencies,” on the homepage.
Where to buy CryptoCurrencies.
To find all the exchanges to buy a given coin, simply…
- Search for the coin
- Click on the market tab via coin you searched for
- Select the most favorable price for you.
Always do your own research on the exchange before transaction your trade.
A watchlist lets you list coins that you're interested in, so that you can keep an eye on their movement. This way, when you visit CoinMarketCap, instead of being embraced by a long list of crypto assets, you can go to your watchlist and track the coins that you've earlier added to the list.
Gainers and Losers.
CoinMarketCap allows you to view the biggest gainers and losers in the market in terms of price action, with filters in minutes, hours, days, weeks and even years.
This allows you to know when to trade your assets, analyze them in order not to make the wrong call. Note that it is highly advisible to buy when its low and sell when its high to maximize profit.
If you want to really know how to use CoinMarketCap for all it has to offer, then starting thinking about historical data. You can use historical data to backtest trading strategies or view historical trends in a clean way.
Historical data is usually difficult to find, and some people pay hundreds or thousands of dollars to get their hands on reliable historical data.
Fortunately, CoinMarketCap has an excellent way to view historical data. While it’s not as granular as tick data, you can view daily prices, volume, and market cap for a given coin going back to inception. Their historical data view is an excellent alternative to a graphical view.
This is very interesting. You could check the price of your crypto holdings by just inserting the amount you hold in the asset box and it will be calculated to the selected pair based on the current market price.
Cryptocurrencies, Derivatives, DeFi, Storage and Yield Farming
There are many more ways of visualizing crypto assets than just the homepage.
CMC offers the ability to only look at crypto assets of a certain category, and it has the most popular ones at the top of the page: derivatives, DeFi, storage, and yield farming.
If you want to search for something even more specific while remaining on the homepage, you can use the filters tab on the right-hand side.
What Else Does CMC Offer Besides Just Price Rankings?
There are lots of other features that can help you navigate the world of crypto, way more than just prices, graphs and liquidity.
For example, CMC’s Headlines is an aggregator of all of the headlines about cryptocurrency and blockchain that you could need, in one place on CMC. Beyond stories from the top crypto newspapers, CMC Headlines also contains Signals, which offer news directly from a project or crypto protocol itself.
For those that want to learn about crypto beyond the rankings, CMC Alexandria is a crypto and blockchain encyclopedia that can answer your every question.
For those that are really interested in crypto, and would like to be paid to learn even more, CoinMarketCap Earn holds campaigns that reward you for learning more about a particular crypto asset.
CoinMarketCap’s exchange events page allows you to see what promotions and giveaways are currently live on a variety of platforms.
You can download CMC app for both the android and iOS devices from their respective playstore with the links below..
For further assistance, questions and inquiries, you can contact and follow CMC with the links below...
Telegram (A) — https://t.me/CoinMarketCap
Telegram (B) — https://t.me/CoinMarketCapEN
Twitter — https://twitter.com/CoinMarketCap
Facebook — https://facebook.com/CoinMarketCap
Reddit — https://reddit.com/r/CoinMarketCap
Instagram — https://instagram.com/CoinMarketCap