CoinGecko is a cryptocurrency evaluating website, with complete information on all Altcoins and Bitcoin. They are a lot of valuable features on this website and I’ll discuss them according to their benefits and uses.
Markets
The markets section consists of subsections like; Large movers, Crypto index, Exchanges, etc. Below is a brief explanation of two subsections of the section of the market.
- Large movers: This feature is used to track currencies that gained value in volume and the ones that lost their value. The purpose is to know which coin to invest in. And this feature didn’t stop at calculating volumes using cryptocurrencies but extended to use other fiat currencies like Peso, Dollars, shekel, etc. This will enable an easy understanding of the values as you check using your preferred currency. At the top of this subsection, you can choose to calculate by daily or hourly to determine the most recent gainer as you desire.
- Exchange: It’s never simple to find the best place to buy or swap coins online. This feature feeds users with detailed information about different exchange trust scores. The highest trust score is 10. Go through their exchanges list and pick according to trust scores.
What’s new?
Everyone loves something new, so coinGecko just added a new feature “Farm” that provides different “yield farms coins” and their pools by value locked. This rare feature allows users to detect pools that offer the best annual percentage yield (APY). But take some caution when using the CoinGecko APY calculator. It doesn’t cover market and smart contract risks. For safety, please research the different pools provided by CoinGecko before you take any move that demands your funds.
Defi
The decentralized finance section exposes multiple hidden information on decentralized finance coins and exchange. Information like; defi market capitalization, Ethereum market capitalization, defi Ethereum ratio, and many more are contained here. CoinGecko updates its values constantly.
Why I should use CoinGecko?
- CoinGecko’s website is easy to navigate.
- CoinGecko teaches new terms in the cryptocurrency sphere.
- The developer section is free.
- Provides top hundred coins by market capitalization.
CoinGecko makes evaluation easy for cryptocurrency users and communicates with users using CoinGecko’s podcast to spread recent news about cryptocurrency. CoinGecko possesses plenty of features you don’t want to miss out. Go click on their website CoinGecko for more information.
