Cryptocurrency market data website CoinMarketCap is actively working on its upgrades. Following its plan of updates, it has added several new features that are aimed at enhancing users experience.

Among the new features that will be offered by CoinMarketCap we can name information on crypto derivatives markets, a newsletter feature, exchange ranking updates, digital currency glossary, and many others.

But the most significant new offer is a professional API which will give other companies an opportunity to integrate CoinMarletCap data into their systems. Now developers will be able to use CoinMarketCap’s data, just like CoinMarketCap use data from hundreds of exchanges.

This move represents itself a part of the company’s strategy to grown and provide people with an access to verified data in every app. Thanks to the API it will be possible to receive access to historical data as well.

The company can also offer its daily newsletter. Having noticed a high demand for such a feature from the members of the community, CoinMarketCap has decided to provide them with such a service. From these newsletters users will learn about trends, news, and updates in the cryptocurrency world.

Moreover, the users now will be able to explore not only standard spot trading exchanges but also derivatives markets. The company has added information about futures, options and OTC exchanges and is going to add data about more derivatives markets step-by-step. An opportunity to have an access to derivatives markets data will enable users to better understand this sphere.

CoinMarketCap has also changed its approach to exchange ranking. With a view to better highlight exchanges on the site, it has been decided to feature them on the landing page. Thanks to updates, users will see not only ranking or the total number of markets, but also their volume in various intervals. One-day, seven-day, and 30-day volumes will be available. Such exchanges as transaction mining exchanges, no-fee or standard fee will be clearly marked.

Among other major features we can name a brand-new events page. On this page, users will find a schedule of cryptocurrency events around the world. This page will be regularly updated and users interested in visiting some events will definitely find something that can fully meet his or her requirements. Moreover, users themselves will be able to submit their events to the page.

The crypto industry is still considered to be a comparatively new one, so its vocabulary still remains to be rather unclear for many newcomers. In order to help users better understand cryptocurrency and blockchain notions, CoinMarketCap has added a glossary of cryptocurrency terms. Such things as technical terminology, common expressions, memes and CoinMarketCap-specific nomenclature are presented in this glossary.

And it is not the end of the updates list. There are many other minor changes in different sections that should do users’ interaction with the site much more comfortable and efficient.

Some changes have been made in the iOS app as well. Now on the app it is possible to convert between 32 fiat currencies and 5 cryptocurrencies, just like it can be done on the website.

The post CoinMarketCap Introduces New Pro-level API appeared first on CoinSpeaker.

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