Blockchain and Cryptocurrency Beginner - About Coinmarketcap Coin Listings

Coinmarketcap does not list every cryptocurrency coin in existence and have their criteria before a coin is listed on the coinmarketcap platform. The coin must meet at least the listing criteria before coinmarketcap decides to list the coin, that is why coinmarketcap has built its trust and reliability over the years as one of the trusted sites when it comes to cryptocurrency. The coinmarketcap support page makes this clear and provides all the needed information concerning listings on the platform. Before a coin is listed on coinmarketcap, there are factors that must be met. Some of the factors are;

Before coinmarketcap lists a particular cryptocurrency asset on the coinmarketcap platform, the entity, requester, individual or project owner must be credible which means that is the requester must be able to provide evidence to support or prove that the provided details are correct, truthful. This process helps to eliminate scams.

Also, before coinmarketcap lists a particular cryptocurrency asset, the provided information concerning the project, requester, cryptocurrency are verifiable and credible. This is a very important factor because this gives coinmarketcap the proof and assurance that the coin to be listed is not a scam coin but legitimate.

Another factor to consider before coinmarketcap lists a particular cryptocurrency, that cryptocurrency must meet the specific values and standards of coinmarketcap. Every platform has their own values, beliefs and standards which guides the platform, this ensures that everything is in accordance to coinmarketcap and also ensures that the values and standards of coinmarketcap such as trust, reliability are not compromised. This helps to coinmarketcap stand out.

For the listing, coinmarketcap has different Tiers of listing which helps differentiate the various cryptocurrency assets on the platform. This is very valuable for users as it helps to know quality cryptocurrency assets based on their listing tiers.

Inactive Listing

Cryptocurrencies with Inactive listing is basically listed on the coinmarketcap, however, they are considered inactive because there isn’t any data from any exchange that is supported by coinmarketcap. This means that the cryptocurrency that is listed on coinmarketcap will be considered as inactive. This can change when there are at least one data from any exchange that is supported by coinmarketcap.

Unverified Listing

Cryptocurrencies with unverified listing is basically listed on coinmarketcap, however, they are considered unverified because the data that are shown are from other processes and not verified or reviewed by coinmarketcap. This status is very useful for users to know quality status of a particular cryptocurrency before making any investment decisions.

Untracked Listing

Cryptocurrencies with untracked listing is basically listed on coinmarketcap, however, they are considered untracked because the cryptocurrency project didn’t meet the required criteria that ensures that the listed cryptocurrency asset is correctly tracked to ensure accurate data. Once the criteria is met, this status can be changed by coinmarketcap.

Tracked Listing

This is basically the most important status on the coinmarketcap platform. Cryptocurrencies with tracked listing is basically listed on coinmarketcap without any issues of requirements or criteria. This means that the cryptocurrency project has met all the required criteria to be able to correctly and accurately track the data from the market. This is useful because it ensures the authenticity of a cryptocurrency project.