CoinCodex Website Review
- CoinCodex is an aggregator for cryptocurrency information that gathers data from hundreds of exchanges on thousands of cryptocurrencies.
- The website provides a database of thousands of Initial Coin Offerings (ICOs) and covers essential cryptocurrency and blockchain developments.
- The prices of cryptocurrencies on CoinCodex are updated in real-time with only a few seconds of delay.
- Prices on CoinCodex are calculated as a volume-weighted average of all prices reported for each market.
- There is a native CoinCodex mobile application purpose-built to run on both iOS and Android operating systems.
There are numerous price-tracking websites when it comes to cryptocurrencies. However, some aim to do things a bit differently when compared to others. CoinCodex is one page that aims to provide users with all the data they need to stay as informed as possible about cryptocurrencies.
The page supports data for over 21,000 cryptocurrencies, ensuring that anyone can find whatever they are interested in with ease and all from a single location.
Furthermore, CoinCodex also features a native mobile application that is available on both the iOS operating system as well as the Android operating system, ensuring that any cryptocurrency user, trader, investor, and enthusiast can track as many cryptocurrencies as possible.
However, there is a lot more that goes on at CoinCodex aside from just this, and today, we are going to be exploring everything the website has to offer. We will be taking an in-depth look at the CoinCodex website.
When you enter the CoinCodex website for the very first time, you might feel a bit overwhelmed at first at just the amount of information that is available to you.
If you are an experienced cryptocurrency trader or investor, you will feel right at home; however, as a beginner, there are a few things that you need to know to truly understand how all of this works.
CoinCodex is an aggregator. This means that it gathers cryptocurrency information and data from hundreds of exchanges on thousands of cryptocurrencies.
As such, when you first visit the website, you have, on the very top of the page, data surrounding the complete market cap, the percentage of dominance of the Bitcoin (BTC) cryptocurrency for that market cap, the 24-hour trading volume for cryptocurrencies in terms of USD, and the value of BTC. You also have access to an “Advertise” button, the currency selector, the night and day filter, and the app.
You will also be able to easily find a “Sing Up” page and a “Get Started” page.
Then there’s the logo of the page on the top left side of the navigation bar.
This is followed by multiple options and sub-menus, including:
- All Coins - Watchlist, Market Overview, Stocks, Gainers, and Losers, Trending, Newly Listed, Undervalued, DeFi, Privacy Coins, Tokenized Stocks, Binance Smart Chain, Gaming, Layer-1, Layer-2, Stablecoins, Proof-of-Work (PoW), Yield Farming, NFT Tokens, Tron Network, Exchange Tokens, Proof-of-Stake (PoS), Ethereum ERC-20 Tokens, Meme, and Metaverse.
- Exchanges - Binance Futures, KuCoin, Binance, and others, totaling 408 exchanges.
- Token Sales - All Token Sales, STO List, IEO List, ICO List, Parachain Auctions, IDO List, and Launchpad.
- Reviews - All Reviews, Casinos, Other, Exchanges, Crypto Wallets.
- More - Alerts, Widgets, Converter, Historical Data, GUides, Decentralized Applications (dApps), Reviews, Competitions, Events.
On the left side of the screen, you will also find a search bar where you can search for Coins, ICOs, exchanges, and so on.
There is also a live cryptocurrency price and cryptocurrency market cap list on the top, which looks at GMT, Alpine F1, LOKA, and VOXEL on the Binance IEO platform.
Additionally, you have showcased the total cryptocurrency market cap, as well as data surrounding its increase or decrease in the last 24 hours.
Then there are the Trending section, the Gainers, and the Undervalued or Overbought cryptocurrencies sections.
Then there’s a list of all of the cryptocurrencies based on the market capitalization and their slot on the top list. Specifically, the home page showcases the top 100 cryptocurrencies in terms of market capitalization.
Here, you are provided with data surrounding all of the cryptocurrencies, such as their name, price, 24-hour change in value presented in a percentage amount, a chart showcasing their performance, market capitalization, their 24-hour volume, and other types of data.
After each cryptocurrency, there are three dots that you can click on, which will provide you with numerous other options, including:
- Add to Portfolio
- Add Alert
- Compare With
- Buy (Coin Name)
Underneath this section, you will find the Cryptocurrency Frequently Asked Questions (FAQ) page.
In the footer of the page, you will find access to the newsletter, where you can subscribe to it.
There’s also access to numerous sub-pages, including:
- Tools - Watchlist, Portfolio, Market Overview, Converter, Alerts, and Historical Data.
- Business - Advertise, For Media, Crypto API, Widgets, and Partners.
- Follow - News, Facebook, Twitter, Telegram, and LinkedIn.
On the very bottom of the page, you will find links to download the official CoinCodex application on either Apple's App Store on iOS or Google's Play Store on Android.
History of CoinCodex
CoinCodex is a company that was originally founded on September 30, 2017, in Slovenia. The founder of the company is David Černuta.
The company was created right at the point in time before cryptocurrency hit the mainstream, and the market managed to rail to its all-time high.
The main role that CoinCodex serves and its main functionality are to essentially be an aggregator for cryptocurrency information.
In fact, the website gathered data from hundreds of cryptocurrency exchanges and aims to provide each user with real-time pricing, historical charts, as well as the volume of over 21,000 different cryptocurrencies. Keep in mind, however, that CoinCodex is not a cryptocurrency exchange but, instead, an aggregator and listing website for both cryptocurrencies as well as ICOs.
When it comes to how the prices of the cryptocurrencies featured on the website get updated, they are updated in real-time. However, you still might experience a few seconds of delay for the data to show up in your browser tab or application.
CoinCodex uses a method where the price of the cryptocurrency gets calculated by measuring the impact of the entire market of one coin and one coin's impact on the entire market. This results in a price that can reflect faster than other methods when it comes to changes in the market, which is why real-time prices and real-time charts can be offered here.
Furthermore, prices get calculated as volume-weighted averages of all of the prices reported for each market.
CoinCodex also calculates the 24-hour volume of cryptocurrencies. This is done by calculating the sum value of all trades on exchanges that are listing a specific cryptocurrency in the last 24 hours. The market cap, on the other hand, is calculated by the multiplication of the price of a specific coin by its circulating supply. CoinCodex also uses other metrics to decide if they can display a cryptocurrency's market cap.
The circulating supply, on the other hand, is the number of coins or tokens which are circulating in the market and available to the public. In some cases, the circulating supply might be unreliable, and in these cases, CoinCodex dismisses a coin's circulating supply and does not calculate its market capitalization. This will typically be the case when a cryptocurrency's distribution is centralized.
When it comes to the time zone in which CoinCodex operates, the website operates in UTC time with DST. By default, you will also notice that the website will only display the top 100 coins by market cap. However, this can be changed in the menu and showcase more coins.
If you notice that the market cap for some specific cryptocurrencies is not calculated, this is due to the fact that they have no circulating supply data. The circulating supply information is either unavailable or unreliable, and as a result, CoinCodex does not showcase it.
Each user is also provided with the opportunity to add a watchlist, where they can add coins that interest them by clicking on the star symbol next to any coin. Users can also create a portfolio of their cryptocurrency holdings, and they can create price alerts as well using the website or the application.
It is clear that CoinCodex has a lot of functionality associated with it, but these are just some of the key areas of interest that a majority of users might be curious about and will heavily utilize on the website.
Pros and Cons of CoinCodex
- CoinCodex offers data on over 21,000 different cryptocurrencies.
- There is a native mobile application developed for both iOS as well as Android devices.
- The company was founded in 2017, which means that it is well-established within the crypto space.
- You are provided with as much data as you need surrounding any cryptocurrency with links to buy or trade crypto directly or trade futures.
- The website can be a bit intimidating and complicated for newcomers to understand.
- The website design can be simple, with no visual elements outside of the basic numbers.
- There are many promotions near the bottom of the page that you have to disable manually.
The Bottom Line
When we look at the CoinCodex website as a whole, this is a solid website that offers users just about anything they would need when it comes to keeping track of their cryptocurrency portfolio.
There is a lot of flexibility when it comes to what you can do, and there is data on just about any cryptocurrency out there that you are interested in buying, selling, or trading.
The simple user interface and the overall website design are also exceptional when it comes to keeping track of the data, as you have different shapes and colors, all of which put your eyes where you want them to be. The numerous buying and trading collaborations with exchanges are also a solid touch, as they can enable newcomers to quickly create an account anywhere and begin experiencing the cryptocurrency space and everything it has on offer.
CoinCodex is a solid offering when it comes to a crypto aggregator for cryptocurrency information that gathers data from hundreds of exchanges on thousands of cryptocurrencies, with a huge offering and should be tried by any serious investor or hobbyist at least once.
Frequently Asked Questions (FAQs)
When Was CoinCodex Founded?
CoinCodex was originally founded on September 30, 2017, in Slovenia, and the founder of the company is David Černuta.
What Is the Functionality Behind CoinCoex?
CoinCodex serves the role of letting traders and investors the ability to easily follow over 21,000 different cryptocurrencies. It provides all of the data they need to stay informed about cryptocurrencies by regularly updating their price.
What Kind of Data Does CoinCodex Have?
CoinCodex provides all of the data users need when it comes to keeping track of what occurs within the crypto space. They can get access to up-to-date pricing on all cryptocurrencies, see their all-time high price, their market cap, trading volume, and a lot more.
Does CoinCodex Feature Chart Tools?
Each cryptocurrency that you can review on top of CoinCodex will have its own chart. These charts can be tweaked and customized, so you can get all of the data you need.
Does CoinCodex Have a Mobile Application?
CoinCodex features a native mobile application developed for both iOS as well as Android devices. What this means is that if you are on iOS, you can visit the Apple App Store, where you can access the application. If you are on Android, you can visit Google’s Play Store and get the application that way.