CoinMarketCap, the website that shows the amount of crypto coins in circulation, the volume being traded, the percentage change in value and the market capitalization of cryptocurrencies, has launched its first Android App. The platform has also revamped its Apple iOS product.
Apparently, the apps have added features that were previously unavailable on CoinMarketCap’s website. The Platform’s head of marketing, Carylyne Chan, believes that the platform’s users will like the new features added. She promises that CMC will continue to regularly update the app based on user feedback. These features include;
- Portfolio Tracking
- Candlestick Charts
- Side-by-side Cryptocurrency Comparisons,
- Price Alerts
- User Accounts
How It Works
To use the app, one will first have to download it and then sign up for a CoinMarketCap account. After verifying the account, users can easily save their portfolios and watchlists. The platform has future plans to allow app accounts to be synced with the website.
The app also has a newly developed section for crypto gainers and losers, as well as curated industry news. According to the platform, all the data provided on the apps is made available via the platform’s new pro-level and fee-based API.
Initially, CMC had released its iOS mobile app. The app came with new branding and design that represented the platform’s ups and downs. Just like the new Android app, the iOS app also allows users to manage their watchlists and stay updated with the platform’s market capitalization and pricing information.
New Benchmark Indices
Just last month, CoinMarketCap launched two crypto benchmark indices on NASDAQ GIDS, Bloomberg Terminals, Thomson Reuters Eikon (Refinitiv), and Börse Stuttgart. The new indices cover the top 200 crypto coins by market capitalization. As CMC’s CEO Brandon Chez stated;
“These indices will promote greater accessibility to cryptocurrency data in an easier-to-digest format. In partnership with Solactive, our chosen index administrator, we hope these professionally-calculated indices will serve to expand the reach of cryptocurrencies into the larger financial markets.”
The indices are not the only recent launches made by CMC. Recently in March CMC added the Fundamental Crypto Asset Score (FCAS) to its platform. FCAS is a crypto asset letter grades from Flipside, a blockchain analytics startup.