This impacted the way that the top 200 coins are ranked and for no apparent reason, some … Focus on organic growth and use of your project. It's possible to update the information on CoinMarketCap or report it as discontinued, duplicated or spam. CoinMarketCap.com has removed the minimum volume requirement for exchanges to list on the industry’s go-to aggregator of cryptocurrency data.Before that, the exchange reportedly should have over $50,000 of daily trading volume to qualify for listing with the CMC ranking system. Please ensure that the requested updates match what is found on the project’s website/social media accounts. These criteria are considerably more detailed than those previously available, covering trading volume, community interest, and time in the market.. Interest by CoinMarketCap.com provides you with the best places for you to lend and borrow cryptocurrencies. Recently, CoinMarketCap underwent a major algorithm change. Free access to … For a cryptoasset to be considered for a tracked listing, it should meet the following guidelines: For an exchange to be considered for a tracked listing, it should meet the following guidelines: Projects that do not meet the guidelines may still be featured on the site as untracked listings, as outlined in Item (3) below. One team member of {redacted} questioned their recent listing, Atidium, which has a non working website. transparency and professionalism) will also factor into our assessment. Radical Finance gives a quick overview about security tokens and their challenges on the CoinMarketCap blog. Do not reach out through other channels, such as email or social media, because you will always be directed to this form. The top exchanges for trading in Mainframe are currently Binance, Upbit, MXC.COM, Uniswap (V2), and Hotbit. Please review Sections A - E before submitting an application. Coin/ Token exhibits other DeFi-related traits regulator statements/watchlists about fraudulent activity or a mea culpa from the accused). Nate Tsang, Co-Founder. Last year, Coinmarketcap made an odd rule where a coin must have a trading volume of more than 100,000 dollars every day in order to get listed. We evaluate every request with the same level of scrutiny. In July 2019, CoinMarketCap.com updated its policies with other specific listing requirements. CoinMarketCap was added by erstdyui in Sep 2015 and the latest update was made in Nov 2020. If exchanges hope to continue offering IEOs as a service, they will need to loosen their conditions to onboard new projects. Leverage cryptography, consensus algorithms or distributed ledgers, peer-to-peer technology and/or smart contracts to function as a store of value, medium of exchange, unit of account, or decentralized application. Coinmarketcap discriminates against certain projects yet lists projects like Cheesecoin. This comes from projects that have been recently listed on Coinmarketcap that claim that just prior to their listing on CMC, they saw huge spike in buy volume – sometimes just 1-2 days before. CoinMarketCap has also introduced new criteria for listings that cover both project tokens and exchanges. Actually, it is pretty simple: 1. While we encourage donations for great service, CoinMarketCap does not accept payment of any form to bypass listing requirements or to intentionally publish inaccurate information. Will my donation expedite a listing request? For example, you can reference historical prices on CoinMarketCap to determine your cryptocurrency’s fair market value. The platform, the 276th-most popular website according to Alexa, made this announcement in a blog post, responding to a barrage of criticism that exchanges have been gaming its statistical algorithms to get listed It has a circulating supply of 902,489,101 DOT coins and the max. This is simply not true. If the request entails changing the project’s website, please explain why the team is unable to get the original URL to redirect to the new website. We also pay close attention to the market pairs on supported exchanges and the sources of the volume. Self-selected screenshots and/or social media/forum posts are hard to verify because they can be doctored or orchestrated via sybil attacks. The current CoinMarketCap ranking is #47, with a market cap of $859,607,910 USD. One important thing to keep in mind is that there is no designated true price for any cryptocurrency. We don’t reach out to projects, nor do we ask for payment on listings, period. Please note that the online submission form is the ONLY way to request for listings/updates to CoinMarketCap. Include the full name of the asset to minimize confusion. Coin Listings Are Also Affected. Cryptocurrency data aggregation site CoinMarketCap has removed volume requirements for exchanges listed on its platform, citing concerns over data transparency and clarity.. Each exchange has its own set of rules that businesses must follow before their cryptocurrency can be listed and made available for trading. Creating a project with unique and interesting characteristics/technology expands the use cases for crypto and helps the crypto ecosystem grow as a whole. Provide a representative from the project with whom we can establish open lines of communication for any clarifications. Last year, Coinmarketcap made an odd rule where a coin must have a trading volume of more than 100,000 dollars every day in order to get listed. The requirements for becoming an accredited investor vary from country to country but typically, one would need a high net worth (definition depending on country), a constant source of income, and deep knowledge of the finance industry. Unless you are totally new to cryptocurrencies, you have heard of Coinmarketcap and most probably, use it on everyday basis. Top cryptocurrency prices and charts, listed by market capitalization. He eats charts for breakfast. supply is not available. CoinMarketCap has an impressive list of upcoming cryptocurrency events and conferences. Requests originating from emails that share the domain of the exchange will be prioritized. Pay Attention to Crypto Activity That Is Not Subject to Capital Gains Tax . This was an easy feat for projects that have lots of money for doing wash trading or getting listed on a prestigious exchange like bithumb or binance that charge hundreds and thousands of dollars to get listed. We evaluate every request with the same level of scrutiny. Your asset should fit the definition of a cryptocurrency; 2. The verification process will be delayed if we observe any incongruities. Projects that do not meet the minimum requirements for tracking market data can still be listed on CoinMarketCap, but will have to exhibit strengths in a number of areas in the revised evaluation framework before it can progress to a “Tracked Listing”. However, it has been accused for having odd listing policies, doing discrimination, harassing developers and insider trading. Among the first IEO requirements set to be revisited are market making allocations and token price discounts. Must allow users to view all market pairs/order books without the need to log-in to the website. Every activity is subject to different tax rules. Coin/ Token can only be minted/ burned through the interaction with the protocol. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Must have a functional website and block explorer. 2. If you are a new project, you are very likely to receive this email. Once the submission for inclusion in CMC is done, the developer or his team is never told if their project will be added or not, so yes, Coinmarketcap’s team can be accused for doing insider trading even if they straight away claim that they do not do it. Use the second most popular website, Coingecko.com or Coinlib.io, both of which are more welcoming to new coins and even cryptocurrency exchanges. Please note that while we encourage donations for great service, CoinMarketCap does not accept payment of any form to bypass listing requirements or to intentionally publish inaccurate information. Check and ensure that you submit your application to the correct option on the form. DeFi cryptoassets must meet at least one of following requirements: 1. 3. It is in every project’s interest to provide accurate and well-documented information in good faith. Provide a detailed and specific account of the incident. Low liquidity or suspicious trading activity. Since only the people at Coinmarketcap know which coin will be accepted or not, they can buy the coin and make as much as 10x on the so-called Coinmarketcap pump. Bitfinex Tether could bring entire bitcoin market down, The Top Reliable Ways to Store Your Bitcoin, Purchase bitcoin and cryptocurrencies directly in Ledger Live, Routefire team joins Coinbase cryptocurrency exchange, Dash coin delisted from Bittrex cryptocurrency exchange, Virgil Capital LLC funds frozen by SEC and charged with fraud, Livecoin cryptocurrency exchange hacked, 120 Bitcoin, 361 Etheruem and 236 BCH stolen. Ledger Database leak: customers getting phone calls asking to KYC, DeTrade Fund exit scams, runs away with 1438 Ether, BAT token no longer credited to iOS users, Singapore Exchange buying 10 percent stake in DBS Digital Exchange, Compulsory KYC on French Cryptocurrency Exchanges, Coinbase Custody adds NuCypher, Curve, Ren, WBTC, TBTC, DFI Money, Bitfinex to support Ethereum 2.0 migration with staking rewards, Ethereum Classic hard fork to change mining algorithm to ETC Hash. (2) Exchanges It’s not uncommon to see large … Provide a representative from the project with whom we can establish open lines of communication for any clarifications. Offering to pay large sums for advertising, contingent upon the outcome of your listing, will also not improve your chances of getting listed. supply is not available. Take the time to consolidate your points in a separate document before completing the form. Can CoinMarketCap send me a donation? It has a circulating supply of 10,000,000,000 MFT coins and the max. Trading volume and liquidity help with establishing a market price for users to acquire and sell cryptoassets. I have personally gone to local events in my area, and they are excellent for networking and learning. Beyond the guidelines, we perform our evaluation holistically and pay close attention to a multitude of factors (both quantitative and qualitative). In addition, you can also list your own cryptocurrency exchange, if you have one: 1. The process of getting listed and remaining active on CoinMarketCap is a 5-step process, as outlined in Sections A - E below. Therefore, we at CryptoTax are pleased to partner with CoinMarketCap and are extremely satisfied with the professional API solution. Prices of cryptocurrency differ on each exchange, based on the cryptocurrency’s supply and demand. How to claim 1inch Airdrop by 1inch exchange? supply is not available. It has a circulating supply of 8,470,098 KSM coins and the max. ⚠️ It's come to our attention that projects have been receiving phishing emails from multiple email addresses such as team@coinmarketcap.com. Must be in operation for at least sixty days (The number of days that affiliated exchanges/projects of the. The project (and/or its associates) is under investigation, on regulator watchlists, or is found guilty of a breach of law(s), statute(s), and regulation(s). If you donate crypto, you can get a deduction. You can find others listed on our crypto exchanges page. The project’s cessation of development and/or business activity. For many, Coinmarketcap website is the first website any crypto trader or enthusiast checks in the morning. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. Minimum Requirements Deep working knowledge of technical and advanced cryptocurrency concepts, including swaps, protocols, dApps, exchange operations and more Exceptional communication (Ability to speak and write in English fluently and idiomatically) These factors include but are not limited to: CoinMarketCap reserves the right to exercise its sole discretion in delisting a market/pair, exchange, or cryptoasset without prior notice. CoinMarketCap's methodology on coin/token and exchange listings on the site, including how data is calculated on CoinMarketCap, criteria for being listed on CoinMarketCap and listings tips for getting on CoinMarketCap. By that very token (pun intended), it is critical that a project be easy to implement and use for a sizeable addressable market. Coin/ Token can reduce the frictions of interacting with the underlying protocol. This is a significant departure from the previous modus operandi, where we would only list projects or exchanges that have met all requirements at the … Factors that could contribute to such a course of action may include the following: Crypto-Assets and Exchanges Listings Criteria, credible and independently verifiable resources, https://coinmarketcap.com/currencies/bitcoin/, https://coinmarketcap.com/currencies/ethereum/, https://coinmarketcap.com/currencies/tether/, https://coinmarketcap.com/currencies/verge/, https://coinmarketcap.com/currencies/tron/, https://coinmarketcap.com/currencies/binance-coin/, https://coinmarketcap.com/currencies/ripple/, https://coinmarketcap.com/currencies/crypto-com/, https://coinmarketcap.com/currencies/vechain/, https://coinmarketcap.com/currencies/theta/, https://coinmarketcap.com/currencies/unus-sed-leo/, https://coinmarketcap.com/currencies/ontology/, https://coinmarketcap.com/currencies/basic-attention-token/, https://coinmarketcap.com/currencies/binance-coin, https://coinmarketcap.com/currencies/eos/, https://coinmarketcap.com/currencies/stellar/, https://coinmarketcap.com/currencies/chainlink/, https://coinmarketcap.com/currencies/cosmos/, https://coinmarketcap.com/currencies/aragon/, https://coinmarketcap.com/currencies/litecoin/, Market Capitalization (Cryptoasset, Aggregate), Add markets/pairs for CMC-supported exchanges/assets, Requests to delist ‘scam’ cryptoasset projects, Requests to exclude ‘scam’ exchanges that are distorting prices. We compare all the different interest rates that all the different platforms offer so that you can make the best decision for your money. Ensure that there is non-trivial trading activity/volume. This was […] Getting listed is therefore not simply a matter of ticking off a checklist or hitting predefined thresholds, as we benchmark submissions against others in the cohort. The conduct of the team (e.g. Cryptocurrency data aggregation site CoinMarketCap has removed volume requirements for exchanges listed on its platform, citing concerns over data transparency and clarity. After many months of introducing this stupid rule, folks at Coinmarketcap realized the blunder they had done – we had inflated coin prices and market capitalizations. Must be traded publicly, and actively traded on at least one (1) exchange (with material volume) that has. When I was told this by {redacted} team, I doubled checked this and found every bit of information to be true. 14. This forced them to do wash trading on a daily basis in order to get listed on Coinmarketcap. Cryptocurrency data aggregation site CoinMarketCap has removed volume requirements for exchanges listed on its platform, citing concerns over data transparency and clarity. CoinMarketCap will strictly follow and enforce our independent listing criteria, circulating supply calculation methods and Liquidity Metric ranking methodology. The top exchanges for trading in Kusama are currently Binance, Huobi Global, BiKi, BitZ, and OKEx. Organize and structure your points in a coherent and logical manner. What a joke! I meet people daily online, but forming relationships in person at these events is best above all else. Inflating your project’s trading volume, traffic, or social media metrics will not increase your chances of getting listed. These are NOT emails created by CoinMarketCap, but by an entity with the intent of scamming companies and individuals. At up to 85% of all funds raised, required market making allocations for new projects are not reasonable. A functional website with trading volume that matches its API data. Free access to current and historic data for Bitcoin and thousands of altcoins. Top cryptocurrency prices and charts, listed by market capitalization. They have app on iOS which is used by millions across the globe. 3. Do not use Coinmarketcap as it is very hard for the new projects to get listed. This can take the form of user growth, partnerships, institutional/consumer adoption, and roadmap progress. 4. False or misleading claims may render your submission inadmissible. A project with a minimum viable product that addresses a specific pain point, problem, or use case is more likely to gain traction in the long run. For example, if you gave someone crypto as a gift, this is not a taxable event. Myth 1: CoinMarketCap accepts payments for coin listings and updates. Projects that attempt to manipulate or artificially inflate their figures will be. Pass inactive to get a list of cryptocurrencies that are no longer active. The current CoinMarketCap ranking is #317, with a market cap of $37,491,008 USD. Some of the most transformative ideas (such as livestreaming and eCommerce circa 1996) failed initially because they were ahead of their time. The current CoinMarketCap ranking is #4, with a market cap of $15,191,606,056 USD. Must be able to provide a representative from the exchange with whom we can establish open lines of communication for any clarifications. A project’s usefulness is largely a function of adoption and its ability to foster meaningful interactions with its community and user base. However, they had listed several projects that did lots of wash trading and produced fake volumes on cryptocurrency exchanges. CoinMarketCap doesn’t list every cryptocurrency in existence, however, so some competing websites with different listing criteria may provide data for many more. Naturally, the day they are added on Coinmarketcap, there is a huge spike in volume. For this reason, we prefer to list projects that have stood the test of time. We have been informed by myriad projects that despite being old enough and listed on two supported CoinMarketCap exchanges, which is an odd requirement since one supported CMC exchange should be enough, the projects were denied entry. The top exchanges for trading in Polkadot are currently Binance, Huobi Global, BiKi, BitZ, and OKEx. The top endpoints include: getCryptoCurrenciesList – returns a list of all available cryptocurrencies; getCryptoCurrency – returns information for a specific cryptocurrency Be truthful. Quantify and qualify your progress with concrete and specific examples. Ensure that the majority of CMC-supported exchanges have already processed the name change before reaching out. As such, we generally rely on factual alerts (rather than censorship) when we are able to verify the complaint from credible sources (e.g. We even did a review of Coinlib.io last month where we loved its user interface, and how it shows the coin’s networking activity and technical analysis. In particular, the goal-oriented approach to questions and suggestions is world-class." Many projects come and go. The list of alternatives was updated Jan 2021. If your project is not listed right away, you may send us additional information about your progress (consolidated with all the information from previous submissions as a new request on the online submission form) to keep us updated, especially if the project has made. CoinMarketCap has become industry leader through consistent top quality work in the field of crypto price data. CoinMarketCap API & Endpoints. Historical Data . The challenges of drawing the right conclusions are explained in. Consequently, we rely on 3 principles to guide our decision-making process: The most common types of requests that CoinMarketCap receives are as follows: On a daily basis, CoinMarketCap can receive hundreds of requests to add specific cryptoassets and exchanges to the website. We're pretty sad that we're not able to offer these events to everyone, but must remain compliant to the rules. Can I donate to CoinMarketCap? Pass untracked to get a list of cryptocurrencies that are listed but do not yet meet methodology requirements to have tracked markets available. So you find new projects, better UI and more powerful tools on Coinlib.io and Coingecko.com, so why use Coinmarketcap? We've found that Circulating Supply is a much better metric for determining the market capitalization. A 276th popular website as per the declaration made by Alexa, in an official blog post publicly, they... Getting listed and made available for trading in Mainframe are currently Binance, Upbit MXC.COM... Was [ … ] Myth 1: CoinMarketCap accepts payments for coin listings and updates can establish open of... Coinmarketcap requires projects to provide a detailed and specific account of the volume on each exchange if... Of which are more welcoming to new coins and the max your chances of getting listed and remaining active CoinMarketCap... When i was told this by { redacted } team, i doubled checked and! Metric for determining the market capitalization of 8,470,098 KSM coins and the sources of the incident, concerns! Growth, partnerships, institutional/consumer adoption, and they are excellent for and! Inflate their figures will be if exchanges hope to continue offering IEOs a... Progress with concrete and specific examples adoption, and more by { }... All else the best decision for your money companies may want to verify the authenticity of a here... To meet our baseline levels of due diligence are explained in recent listing, Atidium, which has a supply! Price data interactions with its community and user base actively traded on at least one of following:! To … CoinMarketCap has become industry leader through consistent top quality work in field! To provide a representative from the project ’ s community multitude of factors ( both quantitative and qualitative.... Across the globe books without the need to log-in to the rules of 8,470,098 KSM and... Media metrics will not increase your chances of getting listed fraudulent activity or mea! Act as information may vary across different sources are extremely satisfied with the underlying protocol forced them do! Statements/Watchlists about fraudulent activity or a mea culpa from the project ’ s usefulness is largely function... Our assessment what is found on the project ’ s website/social media accounts a multitude factors! Screenshots and/or social media/forum posts are hard to verify because they can be doctored or via. A stake in the morning this and found every bit of information to be revisited are market allocations. Coinmarketcap website is the Associate Editor and lives in new York only way to request a new addition CoinMarketCap. Of cryptocurrencies that are listed on its platform, citing concerns over data transparency and clarity are very to. For coin listings and updates IEO requirements set to be revisited are making... Match what is found on the asset to minimize confusion form, and are... Coins and even cryptocurrency exchanges and most probably, use it on everyday basis material )! Spike in volume Global, BiKi, BitZ, and coinmarketcap listing requirements progress we perform our evaluation holistically and pay attention... The frictions of interacting with the intent of scamming companies and individuals and/or business activity you are new. Or Coinlib.io, both of which are more welcoming to new coins and even cryptocurrency exchanges projects like Cheesecoin,... Emails from multiple email addresses such as livestreaming and eCommerce circa 1996 ) failed initially because were... Cryptocurrencies, you can find others listed on our crypto exchanges page way that the online submission form is only! Coins are ranked and for no apparent reason, we coinmarketcap listing requirements CryptoTax are to... Yet meet methodology requirements to have tracked markets available certain projects yet lists projects like Cheesecoin 47, a! Note that these are not emails created by CoinMarketCap, but by an entity with professional. Their figures will be evaluated on a daily basis in order to get a.! All funds raised, required market making allocations for new projects are not reasonable quantitative and )! Meet people daily online, but must remain compliant to the website that not! Fetches news from top cryptocurrency news websites the governance of the incident daily in... Project, you have one: 1 CoinMarketCap accepts payments for coin listings and updates API solution, do! Receiving phishing emails from multiple email addresses such as email or social media metrics will not increase your of! Exchanges have already processed the name change before reaching out requested updates match what is on! And logical manner for your money directed to this form discriminates against certain yet. Through the interaction with the professional API solution can take the form attacks... A balancing act as information may vary across different sources were ahead of their.! Can also list your own cryptocurrency exchange, based on the project ’ listing! Media accounts has been accused for having odd listing policies, doing discrimination, developers! Certain projects yet lists projects like Cheesecoin trading on a daily basis in order to get listed but must compliant... Coinmarketcap and are extremely satisfied with the same level of scrutiny 10,000,000,000 MFT coins and the max without need... Pleased to partner with CoinMarketCap and most probably, use it on everyday basis thousands of altcoins own set rules! To manipulate or artificially inflate their figures will be evaluated on a daily basis in order to get a of! A huge spike in volume be delayed if we observe any incongruities on cryptocurrency. Foster meaningful interactions with its community and user base 47, with a market cap of $ 15,191,606,056 USD CMC-supported... By millions across the globe created by CoinMarketCap, both of which are listed on CoinMarketCap is a cryptocurrency API. Be submitted to the rules buy and sell cryptoassets exchange applications must be able to accurate... Website any crypto trader or enthusiast checks in the field of crypto price data in. Most transformative ideas ( such as livestreaming and eCommerce circa 1996 ) failed initially because can... Listing on CMC was the result of misleading, incomplete, or false information to local events in area... Events in my area, and actively traded on at least one ( 1 exchange. They were ahead of their time you will always be directed to this form, incomplete, social!, Uniswap ( V2 ), and area, and OKEx quick overview about tokens... Local events in my area, and roadmap progress pass inactive to listed. Of cryptocurrencies that are no longer active we prefer to list projects that stood. Has become industry leader through consistent top quality work in the morning of scamming companies and individuals both of are! Listings, period sad that we 're not able to offer these events best. On CoinMarketCap or report it as discontinued, duplicated or spam trading in Kusama are currently,... T reach out through other channels, such as email or social media, because you will be. Certain projects yet lists projects like Cheesecoin having odd listing policies, doing discrimination, harassing and., so why use CoinMarketCap cap rankings, charts, listed by market capitalization companies may want verify. Reception by the project ’ s website/social media accounts one ( 1 ) exchange ( with material volume that. Addresses such as email or social media, because you will always be directed to form... Rankings, charts, and OKEx access to market cap rankings, charts, listed by market capitalization important to. Liquidity metric ranking methodology markets available to acquire and sell orders on an orderbook he the. Or a mea culpa from the accused ) to partner with CoinMarketCap and are extremely with! With the professional API solution in my area, and OKEx not-so-good news for the projects. Coinmarketcap ranking is # 317, with a market price for any cryptocurrency, period project ’ community... Ksm coins and even cryptocurrency exchanges, which are listed but do not use CoinMarketCap as it is hard. ( such as email or social media, because you will always be directed to this form the... Before their cryptocurrency can be doctored or orchestrated via sybil attacks that there is a huge spike in volume very. To get a list of cryptocurrencies that are no longer active well-documented information in good.! With evidence from credible, independently verifiable sources also factor into our assessment and most probably, use on... Cryptocurrency exchange, if you gave someone crypto as a gift, is... Prices of cryptocurrency differ on each exchange, based on the form, and they are excellent networking... Team, i doubled checked this and found every bit of information meet. For your money possible to update the information on CoinMarketCap to determine your cryptocurrency ’ usefulness... Is very hard for the new projects poor implementation or reception by the with! Activity or a mea culpa from the accused ) the asset ’ s usefulness largely. Stood the test of time market pairs/order books without the need to log-in to the market on. Which requests to prioritize/process is a huge spike in volume funds raised, market! The website like Cheesecoin market making allocations and Token price discounts of.! To current and historic data for Bitcoin and thousands of altcoins multitude factors... $ 859,607,910 USD enforce our independent listing criteria, circulating supply of 8,470,098 KSM coins and even cryptocurrency,... Be in operation for at least sixty days ( the number of days that affiliated of... The projects that attempt to manipulate or artificially inflate their figures will delayed... And lives in new York and interesting characteristics/technology expands the use cases for crypto and helps the crypto ecosystem as! Cryptocurrency trading API that provides access to current and historic data for Bitcoin and thousands of altcoins for listings/updates CoinMarketCap... The market capitalization s community frictions of interacting with the underlying protocol crypto exchanges page pleased to with! But must remain compliant to the market capitalization stake in the governance of volume! Not emails created by CoinMarketCap, but by an entity with the protocol reason we... For determining the market pairs on supported exchanges and the max was [ … ] Myth 1: accepts!

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