coinmarket cap - cryptocrypto.co.za

Coinmarket Cap

Coinmarketcap has been the leader in tracking cryptocurrency prices in real time. It was founded in May 2013 and has been a well-respected brand in the fast-growing crypto-space.

Website and mobile apps aim to make cryptocurrency accessible to everyone. To empower investors every day with accurate, high-quality information.

Coinmarket cap is still the best source for institutional investors, retail investors, and media to compare the prices of crypto-assets.

Our native crypto EUM currently ranks in the top 6% for all CMC-listed assets.

How does Coinmarket cap work?

Coinmarketcap aggregates real-time data from many sources to provide accurate information about crypto assets.

It collects information such as price, trading volume and market capitalization from trusted global exchanges. Then it presents this information in a timely and unbiased way that is easy to understand.

Fast seven years passed before the platform became an independent entity.

In April 2020, Binance, the largest digital asset exchange in terms of trading volume and users, acquired Coinmarket cap.

Binance has pledged to keep CMC as an independent entity. It will only use its vast resources to provide more detailed project data to the platform to reduce the asymmetry between resources. Binance claims this will provide Coinmarket cap’s million users with even better quality data.

However, some users may be tempted to search elsewhere for completely independent price information due to the change of ownership.

Where else can you find information about crypto price?

There are many other resources that you can use to get information about cryptocurrency prices if you feel Binance’s acquisition by Coinmarketcap is a reduction in its independence.

These are our top four coinmarketcap options:

  • Coingecko uses a variety of criteria to rank cryptocurrency, including developer activity and community, liquidity and market capitalization and public interest. This makes it an attractive alternative to Coinmarketcap
  • Live Coin Monitor is a relatively new game, but many people love the way it feels similar to Coinmarketcap. It’s great for those who want the familiar CMC feel on a completely independent site.
  • Crypto Compare allows you to filter coins by features including algorithm and proof-type, while the forum-like comments system provides direct insight into public sentiment towards a particular coin.
  • Coincodex has a beginner-friendly interface, but still provides plenty of coverage for advanced users. Many crypto-stalwarts also follow Coincodex Twitter to get information about emerging altcoins