What is CoinmarketCap - This You Must Know

What exactly is coinmarketcap?, this is a must-know for crypto coin lovers around the world. Coinmarketcap is a very popular website with special content about cryptocurrency prices.

If we want to know about the rising or falling prices of all kinds of cryptocurrencies, the only best website that can be used as a benchmark is CoinmarketCap.

On other websites, there are also many types of crypto price monitoring tools. However, it doesn't feel good if you don't monitor it directly on the website Coinmarketcap. Because, on the website (coinmarketcap), crypto currency prices can be detected in detail and very accurately.

The Most Detailed Cryptocurrency Price Information Website

About crypto price info which is detailed and very accurate. This is definitely needed by cryptocurrency traders. Because, by knowing the price of the crypto, both sellers and buyers of crypto currency, can transact smoothly without any hesitation. price per second. Then, another very important detail is about the legality as well as the company (CEO) behind the crypto coin. These detailed details must be known, because this is proof that the crypto coins that will be used for buying and selling transactions are really reliable.

About Coinmarketcap Website

About this Coinmarketcap website, we quote directly from the website. And this is a must know for beginners who are just starting out in the world of cryptocurrency trading.

"CoinMarketCap" is the most popular price tracking website. the world's reference, for crypto assets at a time when cryptocurrencies are growing rapidly. Its mission is to make crypto discoverable and efficient globally. By empowering retail users of unbiased, high-quality and accurate information to draw conclusions based on their own information.

Coinmarketcap was founded by Brandon Chez in May 2013. Later, CoinMarketCap quickly developed into the most trusted source by users, institutions, and the media for comparing thousands of crypto assets and is usually quoted by CNBC, Bloomberg, and other major news outlets. (Even the US government uses CoinMarketCap data for research and reports!).

In April 2020, CoinMarketCap was acquired by Binance Capital Mgmt. Binance is the global blockchain company behind the world's largest digital asset exchange by trading volume and users, who share a common vision to make cryptocurrencies accessible and systemically important to people around the world.

Through acquisitions ,CoinMarketCap plans to leverage its parent company's vast resources to get deeper data into the project, as well as reduce information asymmetry in the crypto industry and bring higher quality data to its hundreds of millions of users.

CoinMarketCapstands firm for accurate, timely and unbiased information. Since being acquired by Binance in early 2020, CoinMarketCap has continued to operate independently of its parent company.

That's the article What is CoinmarketCap? This You Must Know. Hopefully useful.

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