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CoinMarketCap Adds New Features Following Major Quarterly Update
Cryptocurrency market data website CoinMarketCap has added several new features following its scheduled quarterly update.
The additional components include a professional API, information on crypto derivatives markets, exchange ranking updates, a newsletter feature, digital currency glossary, and more.
A Host of New Features Come to CoinMarketCap
As part of its major quarterly product update, digital currency market data website CoinMarketCap has added a range of new features.
The announcement was made via a blog post by the company earlier today. The site’s founder, Brandon Chez, stated that the revamp was in line with the site’s commitment to accelerating the adoption of cryptocurrency.
The first of the many updates mentioned is a new API aimed at professional users wanting to integrate the site’s functionality into their own products. The post explained that the new feature seeks to target the growing number of “cryptocurrency products and institutional funds investing in the space.”
It goes on to state that the API has been tested over the course of a month by “hundreds of users.” Chez continued:
“Our API comes with a best-in-class developer dashboard that will help every developer – from hobbyist to large-scale cryptocurrency product teams – make the most of our data.”
In addition to the API, CoinMarketCap now includes data on various derivatives associated with crypto and features a revamped exchange section. The derivatives area contains data on futures contracts, options, and over-the-counter (OTC) exchanges, with an aim of adding more products as they become available.
Meanwhile, an effort has been made to draw attention to exchanges by making them more accessible from the landing page. There are also new options to rank platforms according to trading volume over various periods.
According to the post, CoinMarketCap have responded to requests to launch a daily newsletter covering “trends, news, and updates.” Chez goes on:
“With the newsletter, we want to provide additional information on the constantly-evolving field of cryptocurrency projects, ideas, and philosophies.”
Other features included in the quarterly update are a new global events page featuring forthcoming industry meetups, a glossary of cryptocurrency terminology, and an update for the website’s designated iOS application. Finally, the post also mentions the launch of new blog section and reiterates the previously reported CoinMarketCap subreddit and careers page.
Featured image from Shutterstock.
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Has the CoinMarketCap Mobile App Arrived Too Late to the Party?
Mobile applications play an integral role in the world of cryptocurrency. Users rely on such tools to manage portfolios, use their wallets, and whatnot. CoinMarketCap now has its own mobile application, which is primarily designed to track cryptocurrency prices. The app is available for iOS, and it seems an Android version is in the works as well.
The Success Story of CoinMarketCap
Long-term cryptocurrency enthusiasts are all too familiar with the CoinMarketCap platform. It offers a lot of valuable information regarding Bitcoin, altcoins, digital assets, and tokens. The main statistic people are looking for is the market cap of individual projects. Additionally, CMC also tracks trading volumes, trading pairs, and a lot more.
Over the years, the platform has seen some interesting changes. Users can now enable or disable the inclusion of South Korean exchanges’ prices. There’s also the night mode to make looking at the site easier on the eyes while in bed. It is, for most people, the go-to platform for tracking cryptocurrency prices, market caps, and overall volatility.
Even so, there is a lot of competition in this space as well. Various copycat platforms have emerged since the cryptocurrency craze of late 2017. While these competitors try to offer something unique, CoinMarketCap remains the undisputed market leader. Remaining in that position is not easy, and will require some innovative ventures on behalf of the team.
The CoinMarketCap Mobile App
To a lot of people, it came as a surprise there was no CoinMarketCap mobile application. That situation has now come to change, at least for iOS users. With the team’s lack of effort in the mobile department over the years, it seems they are a bit behind the curve. Competing with existing portfolio applications will be quite a challenge, for obvious reasons.
Under the hood, the app works as one would come to expect. All of the traditional information is available, as well as options to switch rankings based on individual statistics. Sadly, users will need to contend with a permanent banner ad at the bottom of the application. Right now, there is no way to obtain an ad-free experience, which is a bit of a problem in this day and age.
It also appears the CoinMarketCap team prepares to launch some new features. This includes a commercial API, which will offer more historical data. There are also plans to monetize the experience through advertising, although no specifics were provided. Whether or not people will use this app over the regular mobile browser experience, remains to be determined. That latter option offers virtually the same functionality.
Image from Shutterstock
The post Has the CoinMarketCap Mobile App Arrived Too Late to the Party? appeared first on NewsBTC.
Crypto Data Site CoinMarketCap Releases iOS Mobile App
CoinMarketCap, the most popular site for cryptocurrency price data, is celebrating its fifth birthday with an iOS app release.
CoinDesk
Ripple: Coinmarketcap pulls off Korean courses
If you look at the nocturnal price development this morning shortly after getting up, two things will have caught your eye. For one thing, Ethereum regained Ripple’s second place after a week in the sink, rising $ 1,200. This was helped by the second peculiarity of the morning: the sudden and drastic drop in the […]
The post Ripple: Coinmarketcap pulls off Korean courses appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012.
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