CoinGecko is an independent cryptocurrency data aggregator that monitors over 9,000 cryptocurrencies, including ADA, TFUEL, FLOW, HEX, and others, on hundreds of exchanges worldwide.
The program allows you to determine when and how you want to swap your cryptos.
CoinGecko is not a trading platform in and of itself; instead, it gives charts and information on all things cryptocurrency, allowing you to compare exchanges, find NFTs, watch your portfolio, and much more.
CoinGecko is not a cryptocurrency exchange; instead, it offers statistics on various cryptocurrencies’ value, market cap, and trading volume.
If you want to trade cryptocurrencies, you must first locate an exchange.
|Trading Platform||CoinGecko Review|
|Regulated||No Official Regulation|
|Trading Platforms||Mobile and web|
Account Types And Pricing Of CoinGecko
CoinGecko has three different types of accounts that you can use; one is free, and the other two are a subscription where you have to pay a monthly fee to get extra incentives and features.
- Sync your portfolio across various devices to help you keep track of your assets.
- Prices and charts for thousands of cryptocurrencies are updated in real-time.
- Day-to-day sweet rewards
Premium Account (£4.19/month)
- The web platform, mobile app, and newsletter are all ad-free.
- Extra daily candy incentives
- Exclusive access to NFTs
Premium Plus Account (£8.32/month)
- Access to CoinGecko publications like the ‘How to DeFi’ book series is provided for free, as is a private chat option with CoinGecko’s research experts.
- Access to new features before the general public.
- Even more sweets
How Does CoinGecko Work?
When trading cryptocurrencies like Polkadot (DOT), Pundi X (NPXS), PancakeSwap (CAKE), and Refinable, CoinGecko might be your best buddy (FINE).
Its platform has numerous unique features that are simple to use and also make comparing cryptos straightforward.
The filters enable users to categorize assets based on essential factors, allowing them to completely customize their user experience.
The CoinGecko services may be utilized by scalpers, day traders, and hoarders equally since your viewing choices can be categorized by the last hour, day, week, or month.
The company’s most famous feature is located under the markets tab.
It includes a list of cryptocurrency pairings and the exchanges that handle them and a plethora of other valuable information such as market cap and volume.
Hence, it makes identifying good possibilities and venturing into new areas a breeze.
It also provides a wide range of general information news about each asset, whether large like Shiba Inu and Hex or tiny like Sushi and Reef, including its technology, market analysis, dominance index, and a variety of other vital insights.
It is a well-known name in the business, and it is widely recognized as a reliable source for keeping up with the crypto world.
Leaders in the field, such as Trust Wallet, Etherscan, Trezor, Metamask, and hundreds of other crypto platforms, prefer the platform.
CoinGecko’s independence assures that it stays a trustworthy source of information since the company delivers unbiased, real-time market data with no motive to favor one cryptocurrency over another.
The app is available for both iOS and Android and provides an excellent method to track the profitability of your transactions while on the road.
It allows you to carry the whole cryptocurrency market in your pocket. And also, the software has garnered positive feedback from users, with over 1.7 thousand reviews on the Apple App Store and a 4.8-star rating on average.
CoinGecko’s pricing is extremely cheap, making it suitable for traders of all skill levels.
If you trade seldom or are new to the market, the free account will offer you more than enough information to assist you in fine-tuning your trading.
More seasoned clients may find the premium or premium plus account handy for their additional incentives and features, albeit they are still reasonably priced.
CoinGecko also gives “candies” to its users, both free and premium, for signing in every day.
These candies may be gathered and used to buy a variety of products. These include the company’s “How to DeFi” guide, discount coupons, and a variety of NFT choices.
CoinGecko Mobile Offers
CoinGecko has a mobile version with all of the same functionality as its web-based cousin.
The app has a wealth of cryptocurrency market statistics, insider knowledge, hot news items, and more, all in the palm of your hand.
Integrated features keep you up to date on the markets and allow you to follow experienced investors to assist guide your trading selections.
The CoinGecko app monitors the live prices and net earnings of all your crypto holdings and trades and provides insights into the cryptocurrency derivatives markets.
The top 30 function displays the popular coins on its watchlist, and also the app includes a plethora of customization choices to personalize your experience.
Drawbacks Of CoinGecko
CoinGecko is not without flaws, despite its numerous advantages.
It would be ideal if the information were expanded to include things such as crypto loan interest rates, allowing customers to evaluate alternative possibilities properly.
However, the website’s reviews are typically better than competitors like Coinbase and Coinmarketcap.
CoinGecko’s website features a FAQ section under ‘Help.’ This area contains hundreds of answers provided directly by their customer service team.
And also, if you have any problems or inquiries, this will usually offer you rapid and detailed responses.
Otherwise, you may send a ticket with a description of your problem and your email address, and the staff will respond within a few days.
Because CoinGecko only collects data rather than keeping assets for you, security is not a key concern.
All personal information transfers are encrypted, and third-party payment providers Stripe and Coinbase Commerce provide additional security for subscription payments.
Furthermore, CoinGecko has a rigorous verification procedure, with stringent listing standards before any new currencies are discussed on the platform.
This gives some guarantee that the information supplied will not lead you to dishonest or fraudulent cryptos or exchanges.
CoinGecko analyzes data and provides it in usable forms so as to aid your crypto trading and investing endeavors.
Features such as, trading charts, market caps, volume statistics, exchanges, portfolio tracking, NFTs, derivatives information, etc. are available on the website.
And also, he service’s rates are reasonable, with a good selection available to free users and a fun candy rewards system.
How frequently does the Coingecko update the information?
The data is updated on a flexible timetable by the bots. They update their information as often as feasible, as planned below, subject to data provider fee constraints.
- Price, trade volume, and market capitalization are updated every 1 to 10 minutes.
- Supply availability – Updated every 5 minutes
- Data from developers, social media, and Alexa – updated once each day iv) Blockchain information (mining difficulty, total blocks, transactions per second, and so forth) – updated every 1 hour
Does Coingecko provide API?
They do! Access their extensive cryptocurrency market database for free, as well as liberal rate caps. Many famous crypto services presently use their API; learn more about it on their website.