Cryptocurrency is a decentralized digital or virtual currency that is based on blockchain technology. It is a way of payment in circulation without any central monetary authority such as a bank or any government. You can buy, sell, trade, and hold it safely and earn your decided profit.
No, it is not. DigitalCoinPrice is a well-known price-tracking website for cryptocurrencies. At this time, there are overall 10,000+ cryptocurrencies globally, and the DigitalCoinPrice covers all crypto data accurately.
In stocks or cryptos, the market cap is the maximum circulation value of the shares or coin. In Bitcoin or another crypto, the market cap means the total number of coins that have been mined with the current price of a single currency at the given time.
Market Cap = Circulating Supply x Price
BTC Market Cap = 18,766,956.00 x $24000 = $450,406,944,000
The supply of Bitcoin is 18,766,956.00 BTC, and the current individual coin price is $24000. So now, 18,766,956.00 * $24000 = $450,406,944,000. So, the market cap of the Bitcoin is $450,406,944,000.
We research and get our data from trusted and well-known data aggregator sites such as CoinMarketCap.
We collect data from 25+ verified exchanges to define each cryptocurrency's price and volume: Binance, Bitmex, OKEX, Gemini, Upbit, Kraken, Gate.io, Huobi, and many more. After that, we calculate the average price and present it on DigitalCoinPrice.
DeFi is a short name for "Decentralised Finance." Simply, it is a collective term of financial products and other access to all who are using Ethereum.
A Blockchain is a distributed database spread among the computer nodes to make data secure, which is impossible to hack and change.
More than 10000+ cryptocurrencies and more than 450+ crypto exchanges are available globally, where you can buy your selected crypto.
A popular method of earning investment income in the crypto asset market is staking crypto. However, staking does not come without certain risks.
FUD stands for fear, uncertainty, and doubt.
FUD is a psychological trick used to spread uncertainty and fear that could cause the price of a coin to drop. The crypto community's sentiment swings from time to time, causing prices to rise or fall.
Dollar-Cost Averaging (DCA) is an investment strategy where investors periodically make investments. Simply It is a method where an investor invests their money over time in smaller amounts instead of all at once.
Liquidity refers to how easy it is to convert cryptocurrency into cash quickly and whether it doesn't devalue the asset.
Yes, you can create your crypto asset portfolio and track it anytime, anywhere.
SIP stands for systemic investment plan and it is working on FV = P [ (1+i)^n-1 ] * (1+i)/i formula. You can read the complete detail about SIP here.
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