How to Use the CoinMarketCap API

 

CoinMarketCap is a website that tracks prices of cryptocurrency assets. Its mission is to make crypto assets discoverable worldwide and provide accurate information for retail users. The website is a good place to start if you’re looking to invest in cryptocurrencies. To use it, simply sign in to the site. You can find a variety of information regarding a particular coin. However, if you’re not quite sure what you’re looking for, we recommend that you try out CoinGecko.

Market cap is an excellent way to quickly gauge a coin’s value. It’s a great way to get a quick overview of the price of a particular coin without the hassle of figuring out how much it is worth compared to the total number of coins in circulation. While price is self-explanatory, supply is helpful to get a good idea of how many coins are currently in circulation, and how much there are in total.

The CoinMarketCap API is a useful tool for cryptocurrency investors who are new to the crypto market. It displays the current price of a certain coin and the overall value of all circulating coins. The website has several subscription tiers to suit your needs. Hobbyist membership costs USD 30 per month. The amount you pay will cover eleven market data endpoints, one-month historical conversions, and 40,000 call credits. Startup and Standard subscriptions cost USD 79 and USD 299, respectively. The Startup and Standard subscriptions include the most data endpoints, three-month historical conversions, and five-million call credits.

CoinMarketCap API can be used for various purposes. For example, it allows users to run simulations of their investment strategies. For example, you can input a portfolio into the API and test your strategy directly against crypto assets. This is a great tool for developing your own trading models based on the available data. If you are a professional or a business owner, you can connect your account with Google sheets or Excel. Then, you can use the API to build your own models based on the available data.

To use CoinMarketCap, you should select a specific token to view. Once you have selected your coin, the website will display the current price of that token. Then, you can check out the market capitalization of the project and its players. The more popular a cryptocurrency is, the higher the volume of its market. Using CoinMarketCap, you can see the total volume of all the coins and their prices on the chart.

You can use Coinmarketcap to view the price chart of any cryptocurrency. It also provides links to cryptocurrency explorers and platform homepages. This will allow you to see who is receiving and losing the most profits for the coin. Once you have selected a token, you can click on the coin’s market cap to view a detailed history of its past and present price movements. You can also see the market capitalization of other coins by looking at the marketcap.