WorldCoinIndex is a platform providing cryptocurrency prices and news. It offers up-to-date, reliable information on over 1500 cryptocurrencies by connecting to more than 100 cryptocurrency exchanges and 7000+ markets. Prices are shown in Bitcoin (BTC) and 13 other fiat currencies, such as USD, EUR, GBP, etc.
Key Features:
- Price Information: Fast and reliable price updates in BTC and various fiat currencies.
- Comprehensive Listings: Data on over 1500 cryptocurrencies from over 100 exchanges and 7000 markets.
- Quick Access to Crypto Info: Direct links to the websites, block explorers, forums, and social media of individual cryptocurrencies.
- Price Index Calculation: Uses an average weighted price formula, updated every few seconds.
- Bitcoin Price Index: Given its widespread use and the existence of global fiat markets, Bitcoin has separate price indices (e.g., BTC/USD, BTC/EUR). Other cryptocurrencies are indexed based on their trading value in Bitcoin and their equivalent fiat prices.
- Ranking and Volume: Cryptocurrencies are ranked by their 24-hour trading volume. Volume represents how much of a cryptocurrency is traded in a day across all exchanges.
- Market Capitalization: This is the total market value of a cryptocurrency’s circulating supply, calculated by multiplying the current price by the number of coins in circulation.
Practical Examples:
- Volume and Ranking: If a cryptocurrency is traded more in 24 hours than others, it’s considered more popular at that time. For example, if Bitcoin has a higher 24-hour trading volume than Ethereum, it means Bitcoin was more actively traded that day.
- Market Cap Example: If there are 1 million coins of Cryptocurrency A in circulation, and each coin is worth $5, then the market capitalization of Cryptocurrency A is $5 million.
Additional Info:
- Prices and data are updated in real-time, offering insights into the immediate state of the market.
- The platform supports detailed charts and historical data viewing for deeper analysis.
WorldCoinIndex is a comprehensive source for tracking cryptocurrency prices and market activities, providing both beginners and experienced traders with the data they need to make informed decisions.