CoinMarketCap Watchlist and Portfolio feature can be extremely useful if you search for specific coins or tokens and have a crypto portfolio of assets on exchanges like Coinbase, Binance, Okex, and Kucoin. If you wish to learn, how to use CoinMarketCap Watchlist and Portfolio; start using this beginner’s guide right away to manage your cryptocurrency holdings.
What is CoinMarketCap?
CoinMarketCap is a website that provides comprehensive cryptocurrency information. Brandon Chez founded it in May 2013, with around 130 million active users. It is currently the most popular cryptocurrency website, ranking coins or tokens and their real-time prices, price movements within one hour, 24 hours, and seven days, market capitalization and 24-hour volume, and information about the circulating supply.
It also offers information on newly listed coins, top gainers and losers, best performing cryptos list, price fluctuation charts, and coin-related news. As of April 2023, as I am writing this article, CoinMarketCap has data available for a total of 23,394 cryptos, and 611 exchanges.
What are CoinMarketCap’s Watchlists and Portfolios Features?
With CoinMarketCap’s Watchlists and Portfolios features, you can keep an eye on your cryptocurrency investments. CoinMarketCap users who wish to create a free account, watchlist, and portfolio are both available to those users. The watchlist feature allows users to list coins in which users want to invest. The portfolio feature allows users to manage their invested money in different coins or tokens and check their total value calculated by the current total crypto market cap.
Creating a CoinMarketCap Account
Please follow these steps to open a CoinMarketCap account:
- First, go to CoinMarketCap; at the top right corner of the homepage, there are two icons: Log In and Sign up and click Sign up.
- Second, if you have an email address, enter it in the registration form and make a secure password.
- The third and last step is to agree to the privacy policy and terms of service and is to finish the registration process by clicking the “Create Account” button.
Exploring the Features of CoinMarketCap Watchlists and Portfolios
After logging in to your account, you will first find the homepage and also explore three icons at the end of the main menu bar which are as follows.
- Watchlist
- Portfolio
- Search bar
Most watchlists are depending on user behaviour but you can add your favourite cryptocurrencies like Bitcoin, Shiba Inu, and XRP to your own watchlist. After you click the desired cryptocurrency, you will see a star icon with the cryptocurrency’s name. It will be added to your crypto watchlist if you click the star icon. To begin exploring CoinMarketCap’s portfolio, click the “Portfolio” tab next to the “Watchlist” tab. Click on the “Create Portfolio” tab at the right side of the page and add all your assets by searching the coins. You can either import your crypto assets or holdings from a wallet or an exchange.
Adding Tokens and Coins (Crypto Assets) to your own Watchlist and Portfolio
Watchlist Coinmarketcap:
To add crypto assets to your CoinMarketCap watchlists in a comprehensive manner, follow these steps:
- Enter your CoinMarketCap username and password.
- Please search for the asset you need, then click it.
- You will see the star icon next to the coin’s name, and all the information about the coin will be displayed.
- The star icon will turn yellow color when you click it, indicating that it has been added to your own watchlist and if you click again on it then it will be removed from your watchlist.
- After completing your first watchlist, it will appear as “My First Watchlist” with two more tabs: Main and Public Watchlists.
Using this method you can add all your coins to your “Watchlist” and you can generate multiple CoinMarketCap watchlists; you can also view your CoinMarketCap watchlists and the coin’s daily statistics.
Portfolio Coinmarketcap:
We now learn how to make your CoinMarketCap portfolio, and the steps are as follows:
- Select “Portfolio” from the main menu bar’s tab.
- The “Create Portfolio” icon will appear on the right side of the page.
- There will be two options on the new box: one will let you connect your wallet, and the other will let you manually add transactions.
- Write a name for your portfolio and enter your wallet address; the system will automatically fetch your data.
- The tab for adding transactions will appear once your portfolio name has been created.
- After that, by searching for and clicking on the desired coin, two options will appear “quantity”, where you will enter your number of assets, and “price”, where you will enter the price at which you purchased the coin like Bitcoin, Shiba Inu, and Binance coin.
- To finish one entry, click Add transaction.
- Similarly, you will just the best coins to add all your assets and enrich your portfolio.
Overview of the Features Available
CoinMarketCap offers real-time prices, trading volumes, and Market Cap for thousands of cryptocurrencies. Users can view price charts and historical data for specific performing cryptocurrencies and compare different cryptocurrencies on the same chart. CoinMarketCap offers the most recent news on the cryptocurrency market from various sources and it provides the ranking facility of cryptocurrencies based on variables like crypto’s market capitalization, trading volume, market value, liquidity, and security. Programmers can make applications with access to real-time cryptocurrency data using the CoinMarketCap API (Application Programming Interface: CoinMarketCap API).
Setting Alerts for Crypto Assets in Your Watchlist feature and Portfolio feature
Depending on which your own watchlists you want to set alerts for, click on the bell icon next to the name of the cryptocurrency, and by setting the parameters, you can specify the price or market cap level you wish to receive alerts and then select the alert notification method, such as push notification or email.
Understanding Current Prices of Crypto Assets in Your Crypto Watchlist and Portfolio
You can use the information on CoinMarketCap to track market trends and make educated trading decisions in addition to viewing the current prices of your crypto assets. For example, you can use historical data and price charts to spot market patterns and trends and then use that knowledge to buy or sell assets at the appropriate time.
Viewing Prices in Fiat Currencies-Crypto Exchanges-Individual Coins
CoinMarketCap displays prices by default in USD. However, you can select your desired fiat currency by clicking “Select Currency” which is located on the top right side of the homepage. You will see prices for all cryptocurrencies in that fiat currency once you have chosen a fiat currency. Selecting the “Markets” tab on the cryptocurrency’s page lets you see prices for a particular interest you have in cryptocurrency on various exchanges. A list of all the exchanges where the cryptocurrency is traded will be displayed. Please search for the desired cryptocurrency in the search bar or select it from the list of cryptocurrencies to view prices. You can see the coin’s current price once you’re on its page.
Tracking Price Fluctuations Over Time by Day, Week, Month, Year or All-Time Highs/Lows
Look for the cryptocurrency that you want to monitor. When you get to the coin’s page, you’ll see a price chart that shows the coin’s price history over time. Use the time interval buttons above the chart to select a time. You can choose one day (1D), seven days (7D), one month (1M), three months (3M), one year (1Y), and all-time (All), as well as low and high prices. You can also select a different chart type, such as trading view charts, candlestick charts, or line charts.
Comparing Prices Between Different Cryptocurrency Exchanges
CoinMarketCap has a feature allowing you to compare prices between cryptocurrency exchanges. After you have found the coin’s page, scroll down to the “Markets” section. This section will list all of the cryptocurrency exchanges where it is currently traded; you can view the current price, trading volume, and other relevant data by clicking on any of the exchanges. Select the exchanges you are interested in to compare prices across multiple exchanges. Next to the Market section, there are three icons (All, CEX, DEX). CEX stands for centralized exchanges such as Binance, Coinbase, and others DEX refers to decentralized exchanges such as Pancakeswap and Uniswap. By clicking these tabs, you can be classified and find relevant data.
Advanced Crypto Tools and Trading Techniques for Making Knowledgeable Choices on Major Exchanges Frequently Used Exchanges for Buying and Selling Crypto Assets Most Major Exchanges Accept Credit Cards
Technical Analysis
Traders and investors frequently use technical indicators to determine their selling and buying points like RSI, which is Relative Strength Index, Bollinger Bands, and moving averages.
Fundamental Study
This entails examining a cryptocurrency’s underlying fundamentals, such as its technology, adoption rate, and market competition, to determine its intrinsic value.
Arbitrage
This entails purchasing a cryptocurrency on one exchange where the price is less other than it is selling on another exchange where the price is high.
Credit Cards or P2P Services
Most significant exchanges accept credit cards as payment and offer P2P services, but fees and processing times can vary.
Managing Your Crypto Investments with a Basic Plan or Premium Plan – How to Set up Exchange Data Accounts – Buy/Sell Cryptocurrencies – Coins and Tokens CoinMarketCap Cryptos Portfolio Tracker
Sign up for a basic or premium plan
Crypto marketing service provides free and paid plans and the features of these plans differ, with the premium plan including advanced features such as alerts, detailed analytics, and trading bots.
Set up exchange accounts
You must create an account and complete your KYC to buy and sell coins and after that transfer funds from your bank account to your exchange account. You can pay your fiat currency using payment options like peer-to-peer (P2P), debit, and credit cards.
Buy and sell cryptocurrencies
After paying the fiat currency, you will get USDT or another stable coin; you convert it to BTC or another crypto coin for trading or investing.
Use a portfolio tracker
Use a portfolio to keep tabs on the performance of your investments, track the growth of your portfolio’s value over time, and set price alerts.
Conclusion: CoinMarketCap Watchlist and Portfolio
In conclusion, beginners who want to keep track of their cryptocurrency investments can benefit significantly from using the CoinMarketCap watchlist and portfolio and gets passive income. You can manage all of your cryptocurrency investments in one place with the portfolio while keeping an eye on the latest prices of your favorite cryptocurrencies with the CoinMarketCap watchlists.
You can make knowledgeable investment decisions and keep up with the most recent developments in the cryptocurrency market by setting up alerts and tracking price data variations. Additionally, you can manage your investments more effectively and increase your returns by utilizing the cutting-edge features provided by crypto marketing service tracking.
FAQs:
1. Is there a fee to list on CoinMarketCap?
Please avoid fake emails, bogus social profiles, or people asking for listing fees. Anyone requesting that you pay a fee or tip for getting your project featured on CoinMarketCap is not sanctioned to do so because it is free to use.
2. Can you earn money from CoinMarketCap?
Each user that views the CoinMarketCap tutorial about a project and completes the quiz with a score of 100% and other varied tasks will earn a specified quantity of the most relevant tokens or coins like Bitcoin, and Shiba Inu, as a reward in that specific project’s asset.
3. Does CoinMarketCap list all coins?
While we aim to include every cryptocurrency in the universe, listing everything is almost impossible. Listing cryptocurrencies is a manual procedure that takes time and resources to ensure the correctness of our data. But, yes CoinMarketCap almost listed the all coins created by the latest blockchain models.
4. Is the CoinMarketCap portfolio free?
CoinMarketCap’s portfolio is a free crypto tracker app and you can use it for free. If you wish to learn more about it, the CoinMarketCap tutorial Video and their Mobile App are available for comprehensive learning.