Blockchain and Cryptocurrency Beginner - The Core Features and Sub Features Available on On Coin Market Cap
One of the main strengths of coinmarketcap is its amazing features that are very useful in the world of cryptocurrency. The core features and sub features of coinmarketcap are what makes the coinmarketcap platform one of the most visited and one of the most used platforms in the crypto space. For this, I will be focusing on the first two core features such as cryptocurrencies and exchanges, as well as their sub features.
Cryptocurrencies - Core Feature
The cryptocurrencies tab is one of the core features on coinmarketcap. This is mainly located at the navigation bar. The cryptocurrencies feature is basically a collection of other sub features that provide insights about the cryptocurrency assets on the coinmarketcap platform. This feature is great for traders and investors because it provides valuable insights on cryptocurrency asset. For instance, the rankings, recently added, global charts, gainers and losers are very valuable when it comes to trading and investing, and also help traders make better decisions on which coins to trade. Inside the cryptocurrencies tab we have;
Ranking,
Recently Added,
Ledger Tender Countries,
Global Charts,
Fiat/Companies rankings,
Spotlights,
Gainers and Losers,
Historical snapshots
Global Charts - Sub Feature
The global charts is another very useful sub-feature on the coinmarketcap platform. It shows the global marketcap chart of all the listed cryptocurrency assets on the platform. This is labelled as Global Cryptocurrency Charts and Total Cryptocurrency Market Cap because it is a page that shows the charts of the total market capitalization of all the listed cryptocurrencies. This is very beneficial because it helps to show the growth of cryptocurrency industry and also to be able to use the data to compare the cryptocurrency industry to other financial markets and industries.
Gainers and Losers - Sub Feature
The Gainers and Losers is another very important and useful sub-feature on the coinmarketcap platform. It is one of the favorite sub features of many traders and investors because it shows the latest Top Crypto Gainers and Losers in the last 24hrs. This insight is very valuable when it comes to trading and investing because it can greatly influence how much profit a trader or investor can make from a particular cryptocurrency investment or trade.
Exchanges - Core Feature
The exchanges tab is another of the core features on coinmarketcap. This is also mainly located at the navigation bar. The exchanges core feature is also basically a collection of other sub features that provide insights about the exchanges on the coinmarketcap platform. This feature is also great for traders and investors because it provides valuable insights on exchanges. For instance, the spot, derivatives, DEX, are very valuable when it comes to trading and investing as well, as it also help traders make better decisions on which exchange to trade coins or which exchanges to buy and sell a particular cryptocurrency asset. Inside the exchanges tab we have;
Spot,
Derivatives,
DEX,
Where to buy
Spot - Sub Feature
The Spot tab is another very useful sub-feature on the coinmarketcap platform because it shows all the spot exchanges listed on coinmarketcap and are ranked according to their exchange score and volume. Also, the spot exchanges are also differentiated based on other factors like average liquidity, weekly visits, markets available on the exchange, coins available and fiat currencies supported. This insight is very valuable when it comes to traders and investors deciding which spot exchange to buy and sell a particular cryptocurrency asset.
