How to Track Your Crypto Wallet on Mobile: A Comprehensive Guide
Utilizing the CoinMarketCap Mobile Application: Your Ultimate Solution
CoinMarketCap is initially a website that lists cryptocurrencies. It shows capitalization, trading volume over the last 24 hours and the number of tokens in circulation. Today, the list includes over 10,800 cryptocurrencies.
The site uses transactions carried out on centralized and decentralized exchanges to propose an average price on its chart.
In April 2020, exchange Binance bought CoinMarketCap for $400 million. Since then, a mobile application has been available, featuring a number of functionalities.
Here’s an overview of the features you can use on the CoinMarketCap app:
- Watchlist: this allows you to tag certain crypto-currencies and follow the evolution of its price. Typically, you’ll receive a notification on your phone as soon as the crypto gains more or less 10%.
- Convert: this tool allows you to convert any cryptocurrency with a FIAT currency.
- Target price: set a price for a specific cryptocurrency and receive a notification once it has been reached.
- Portfolio: you can indicate how many tokens you own to track the evolution of your portfolio over the long term.
It’s this last feature that interests us. We’re going to be able to define a global portfolio that brings together all your crypto investments.