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Currency.com and Coinmarketcap agree new partnership deal

By Francis Jay

Currency.com and CoinMarketCap have announced that they have formed a new partnership. The deal means that Currency.com is now, with CoinMarketCap, one of the top 150 exchanges in the world.

The advantage of the partnership is the transparency of the data provided. In addition, the deal will help enhance trust amongst the crypto community and provide clients with a greater level of confidence. There is also potential for greater client traffic as a result of the tie up between Currency.com and CoinMarketCap.

The partnership means that users will be able to search the cryptocurrency market cap of coins traded as well as their price history. So, for example, if you were searching for information on the Bitcoin price, CoinMarketCap would be able to provide price, volume, supply and historical price information, all in an easy to access format.

What is CoinMarketCap?

CoinMarketCap is a website that tracks coins, showing values in dollars, liquidity and trading volumes. It is a widely used source for price data on cryptocurrencies.

Users can view the market capitalisation, price, volume, supply, and the price history of coins. In other words, CoinMarketCap is a platform that provides information on the market cap, amount of trades, how easily they can be traded, and the current price converted back into dollars. It also provides price graphs, and gives a comprehensive overview of the cryptocurrency market.

What is Currency.com?

Currency.com is an award-winning tokenised securities platform that makes complex trading fast and easy.

It enables customers to trade directly in 0'>crypto and to profit in 0'>crypto, without having to exchange back into fiat currency. Currency.com has also launched an app for both iOS and Android allowing users to access the exchange on the go. It enables users to trade in 0'>top-traded equities, 0'>indices, 0'>commodities with a token that mirrors the value of the asset.

How does CoinMarketCap’s API work?

CoinMarketCap's crypto API provides accurate real-time, historical cryptocurrency and exchange trade data for Bitcoin, Ethereum and other coins.

It can be used to run simulations and backtest trading or investing strategies. With data aggregated from hundreds of exchanges and thousands of coins, it is a key tool for crypto traders.

FURTHER READING: Best of 2019: Currency.com’s top updates

FURTHER READING: Currency.com partners with Coinlib expanding its reach to clients

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