Cryptocurrency Q&A
When did Binance buy CoinMarketCap?
When did Binance buy CoinMarketCap?
GeishaMelody
Tue Dec 03 2024
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5 answers
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Binance announced the acquisition of CoinMarketCap on April 2, 2020. The popular cryptocurrency exchange completed the purchase of the leading crypto data website, which was reported to be a significant move in the crypto and blockchain industry.
5 answers
KimchiQueenCharmingKissWarmth
Thu Dec 05 2024
The exchange acquired Coinmarketcap, a popular platform for tracking cryptocurrency prices and market capitalizations.
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Paolo
Thu Dec 05 2024
In April 2020, Binance made a significant acquisition in the cryptocurrency space.
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DaeguDiva
Wed Dec 04 2024
The exact amount paid for Coinmarketcap was not disclosed, leaving the financial details of the deal shrouded in mystery.
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GangnamGlitz
Wed Dec 04 2024
Forbes, a reputable financial publication, speculated that the acquisition could be valued at around $400 million.
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Michele
Wed Dec 04 2024
This figure suggests that Binance placed a high value on Coinmarketcap's data and influence in the cryptocurrency market.
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