A Brief Overview of The CoinGecko in 2020
With thousands of various digital currencies, hundreds of cryptocurrency exchanges, and many other crypto-assets related blockchain projects led the cryptocurrencies revolution to the current stage during the last decade. The experts at the CoinGecko platform realized the importance of individual evaluation of each digital coin to invest in and track its real-time fluctuations.
The professionals at CoinGecko felt the need to provide a proper quantitative mechanism to measure the worth of every cryptocurrency. The existing techniques to measure the worth of various Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many other altcoins worth are mostly concerned using the criteria of market capitalization and metric can be easily manipulated using already minted respective digital coins.
Like Coinmarketcap, CoinDesk, Telegraph, and Bitcoin Magazine, CoinGecko also offers the principle data analysis of the crypto industry. Besides real-time price tracking, daily turnover, total volume, and market capitalization, the platform also maintains track records of crypto-community growth, Blockchain development, open-source code innovation, core crypto issues, and events, and on-chain metrics. The platform is trying to raise the community level of education regarding the crypto industry, innovation, and new projects
The CoinGecko platform established in 2014, is one of the biggest and leading cryptocurrency data aggregators. The platform provides real-time tracking of approximately 7613 digital currencies and 424 cryptocurrency exchanges.
Some of the most important features of the CoinGecko are,
Home: The home section provides a detailed list of all the listed cryptocurrencies, crypto-exchanges, market cap, and the facility to observe the market in terms of various fiat and digital currencies.
Markets: The markets section provides various crypto-related information like Total Market Cap, High Volume, Largest movers, Crypto Exchanges, Recently Added digital coins, and many more.
DEFI: This section is dedicated to providing information and authentic data about leading one hundred (100) Decentralized Finance (DeFi) Coins and Decentralized Exchanges (DEX). The provided statistics are consist of Defi Market Cap, ETH Market Cap, Total value locked, Defi dominance, and many more.
Similarly, the DEX provides a list of high ranking global exchanges in terms of Volume, Monthly visits, listed coins, DeFi volume dominance, and many more.
Farms: The Farming section is assigned to provide data about leading “Yield Farming Pools”. The data is arranged in the forms of Asset, Pool, Audit, Collateral, Value Locked, and expected Return. Pools are ranked in terms of Locked value.
Exchanges: under this category, the platform has divided the crypto exchanges into three groups including Spot Trading exchanges e.g., Binance, Coinbase, Bittrex, etc. , Decentralized (DEX) trading exchanges, and top-ranking Derivatives exchanges that offer margin crypto trading e.g., BitMex, OKEx, BitForex, etc.
News: The platform provides the most recent news and podcast where highly influential crypto enthusiasts interviews are published.
Tools: In the tools section, the platform provides different tools like mobile applications, widgets, and Compare, etc. options to assists cryptocurrency users.
Resources: CoinGecko has provided set various resources including API, Newsletter, and reports, etc. to keep users well updated.
Learn: This section offers sufficient materials to prevails awareness and recent publications regarding the crypto industry.
Community: The community section has listed different social media platform where CoinGecko provides its services to the users.