Cryptocurrency Q&A Does CoinMarketCap use real money?

Does CoinMarketCap use real money?

KimonoElegance KimonoElegance Mon Jun 03 2024 | 7 answers 1025
Could you please explain whether CoinMarketCap actually utilizes real money in its operations? I'm curious about the nature of the platform and whether it involves actual financial transactions. Does CoinMarketCap handle real money transactions, or does it primarily focus on providing information and data about cryptocurrencies? Additionally, I'm interested in knowing if CoinMarketCap has any involvement in facilitating the buying or selling of cryptocurrencies using real money. Could you clarify this for me? Does CoinMarketCap use real money?

7 answers

KpopStarletShineBrightness KpopStarletShineBrightness Wed Jun 05 2024
Cryptocurrency transactions can be intricate, yet our portfolio feature aims to simplify the process. With this feature, you can input all the necessary transaction details. It's important to note that we never collect your funds.

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Sara Sara Wed Jun 05 2024
When using our portfolio function, you are not transferring any money to CoinMarketCap. Our platform merely serves as a record-keeping tool, allowing you to track and analyze your crypto holdings.

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mia_anderson_painter mia_anderson_painter Wed Jun 05 2024
We value transparency and security above all else. Your funds remain entirely in your possession, untouched by CoinMarketCap. Our sole purpose is to provide you with a convenient way to manage and monitor your investments.

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SamuraiWarrior SamuraiWarrior Wed Jun 05 2024
The portfolio feature offers a comprehensive overview of your crypto holdings. You can see at a glance the value of your investments, the performance of individual assets, and your overall portfolio performance.

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Caterina Caterina Tue Jun 04 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a range of services that complement our portfolio feature. These services include spot trading, futures trading, and secure wallet solutions.

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