Coincap was launched in 2015 to provide people with a reliable platform on which to trade cryptocurrency. This real time exchange provides users with a reliable network to trade all manner of digital currencies. In the rapid world of crypto space, it’s essential to have up to date data on what is happening around the virtual world. For this reason Coincap ensures that this information is readily available and is continuously updated every minute.
Coincap’s Versatile Exchange Platform
Ever wondered where coins are taken once an ICO is closed? Well, usually they are deposited into your wallet then the team lists the coins on an exchange. One such exchange is Coincap which has over 250 coins listed on it. Due to market volatility, Coincap has put in place a system that quickly executes orders in order to utilize the quoted rates.
The platform provides crypto followers with a chart showing the price of various currencies in real time. Most of the coins you think of are available on this platform which has made it a popular choice among crypto lovers.
The platform has ranked coins starting with the most traded. As of writing this article, Bitcoin was top of the rank with a huge market cap volume. Other coins that have been ranked are Ethereum, Bitcoin Cash, Litecoin, Ripple, Dash, IOTA and over 300 other coins. The rankings are done according to market capitalization volume and current price. There’s also an allowance to buy or sell some of the listed coins especially that are above the top ten rank.
Other than the market cap info, you will also find the 24 hour WAP which gives you the price of each coin at the close of the previous day. There’s also information detailing the 24 hour trade volume which is also constantly updated. On the site you will also find a quick update on the percentage change in the prices of various coins. With easy to read markers to indicate a rise or fall in the price of the different coins, you will always be on the loop in terms of price changes.
CoinCap also provides the latest news in everything crypto. With so much to report on cryptocurrencies, CoinCap has a wide array of writers who keep their audience updated on everything about the virtual space. Asset profiles are a common feature on the CoinCap news site which provides detailed information about various assets; whether digital or any other form of virtual assets.
There are various other categories on the site that cover a wide range of topics. Such categories include Blockchain news which have detailed information on what is happening with this revolutionary technology. Another popular category is one with news concerning Bitcoin; there’s so much to say about this coin!
On this site,developers can find tools that will help them monitor different coins. Hosted on github, the CoinCap API is a useful tool for crypto developers and tech lovers who want to collect information about various coins.
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