Does CoinMarketCap own Binance?

There is no ownership relationship between CoinMarketCap and Binance.com. Binance is the global blockchain company behind the world's largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption with 25+ products, projects and initiatives.

How much is CoinMarketCap worth?

According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount. Forbes suggested that the deal could be worth $400 million.

How to trade on Binance?

The easiest way to trade is by executing spot trades at real-time prices. Binance offers a few different types of spot trading options, such as market, limit, stop-limit, and OCO. A market order allows you to buy or sell instantly at the current price (note that you’ll either buy a slightly higher price or sell at a slightly lower price.

Is Binance a good cryptocurrency exchange?

A major draw for Binance users is the ease and speed with which you can trade cryptocurrencies in real-time. The exchange cleverly offers different types of trading interfaces depending on how experienced you are. Binance recommends the use of the convert feature for newbies, which breaks everything down with a simple interface.