Top 10 CoinMarketCap alternatives to try in 2020 ๐จ This article is 5 years old...
Top 10 CoinMarketCap alternatives to try in 2020
5 min read
Updated: Apr. 3, 2020 at 3:02 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Thereโs no one-size-fits-all solution when it comes to crypto price trackers, weโve decided to narrow down the search to top 10 CoinMarketCap alternative platforms worth looking at both for amateurs and professionals.
In the wake of the news that Binance is finalizing the acquisition of CoinMarketCap, the crypto community became increasingly worried about the centralization of key services such as coin trackers. Traders and crypto enthusiasts have begun to move away from CMC and are currently on the lookout for alternative platforms.
CoinPaprika
Founded in Poland in 2018 as an alternative to CoinMarketCap, CoinPaprika offers a wide variety of services aside from price tracking. The platform offers an in-house cryptocurrency exchange and a non-custodial wallet, COINS, which supports over 2,000 cryptocurrencies.
Users can benefit from CoinPaprika’s on-board engine and access information such as whitepapers, employees, and the company’s progress about every listed coin.
Coinpaprika also has one of the most robust APIs, placing it ahead of its competitors with the comprehensiveness of data, rate limits, and being entirely free.
CoinGecko
Founded by a research team consisting of Darren Lau, Daryl Lau, Teh Sze Jin, Erina Azmi, Kristian Kho, TM Lee, and Bobby Ong, CoinGecko has been at the forefront of the crypto industry since 2014.
In addition to reliably tracking price, volume, and market capitalization of more than 7,000 coins, CoinGecko also tracks community growth, open-source code development, major events, and other on-chain metrics.
WorldCoinIndex
A cryptocurrency platform providing real-time price information, WorldCoinIndex also offers news updates and lists around 1,500 cryptocurrencies.
The platform connects over 7000 cryptocurrency markets with more than 100 cryptocurrency exchanges, denoting all of the prices in BTC WorldCoinIndex and 13 fiat currenciesโUSD, EUR, CNY, RUB, CAD, GBP, JPY, HKD, BRL, AUD, KRW, IDR, INR, ZAR, and TRY.
Users can quickly access valuable information on any listed cryptocurrency, including their block explorer, social media feeds, and official websites.
CryptoCompare
CryptoCompare is a price tracking platform that aims to provide real-time, high-quality, and reliable market data on more than 5,700 coins and 260,000 currency pairs. The company stands out due to its efforts to bridge the gap between traditional financial markets and cryptocurrencies.
Aside from historical data and its own CryptoCompare Index (CCCAGG), the platform offers valuable insight into the market in analysis posted on its website and various social media channels.
Messari
Created by a group of industry experts, Messariโs aim was to bring transparency into the crypto economy. The platform allows users to spot trends across more than 1,000 different assets and 100 time-series.
Itโs weekly newsletters and other types of market analysis are a tool valued by many professionals in the industry, but it could also be useful for novice traders. The pro version of the platform allows users to customize the dashboard according to their own needs, reducing the noise from other listed cryptocurrencies.
Coin360
Coin360 is a price tracking platform that gained popularity due to its interesting visual representation of crypto prices.
What it lacks in some of the more advanced features such as portfolio tracking, dashboard customization, and API resources, Coin360 makes up in user interface and easy sharing options.
All cryptocurrencies listed on the platform are grouped together by protocol type or other similarities, and have liquidity and spread data on their designated pages.
LiveCoinWatch
LiveCoinWatch offers complete crypto market coverage showing live coin prices, charts, and market capitalizations of more than 2,700 coins spread out across 183 different exchanges.
The platform shows a variety of information on all listed coins, including posts on social media platforms such as Twitter and Reddit. All coins feature a FAQ section, as well as a depth chart and volume breakdown across cryptocurrency exchanges.
CoinCodex
Cryptocurrency listings website CoinCodex provides real-time cryptocurrency prices and comprehensive overviews of 5,000 different coins. The platform gathers data from over 200 cryptocurrency exchanges, allowing users to create portfolios to stay on top of their investments.
Aside from a user-friendly interface, the platform also offers an ICO calendar, which features information on upcoming and completed token sales in the crypto market. Itโs optimized for all devices, including mobile phones and tablets.
Coinlib
A cryptocurrency tracker aimed at the average user, Coinlib offers a streamlined design and a variety of resources that are set to satisfy even the most demanding customer.
The platform tracks more than 6,100 cryptocurrencies, providing advanced graphs and metrics ranging from community engagement and developer activity to performance indicators. Coinlib is free to use, but creating an account unlocks advanced features such as personalized price alerts and a customizable portfolio tracker.
CoinCheckup
Created with transparency in mind, CoinCheckup offers users reliable data on the crypto market gathered in a standardized research process. The free platform tracks over 2,000 different cryptocurrencies and digital tokens, providing all the necessary dataโvolumes, circulating supplies, and other metrics.
Aside from that, the platform puts a heavy emphasis on the background of each listed coin, enabling users to get in touch with the teams and companies that issued them. Fundamental analysis of the crypto market is also available on the platform, as is more advanced investment analysis and an overview of coinsโ GitHub activity.
Conclusion
There is a wide variety of platforms and websites that offer real-time, reliable crypto tracking on the market. While itโs important to note that there will never be a platform that ticks all the boxes, itโs safe to say that even the most demanding user will be able to find a suitable alternative to CoinMarketCap.
Posted In: Adoption
