What is CoinMarketCap?

CoinMarketCap (CMC) is a service that provides rankings of cryptoassets. It lists over 2.2 million cryptocurrencies, including Bitcoin and Ethereum, and offers a comprehensive overview of the cryptocurrency market. CMC includes rankings for cryptocurrencies, Non-Fungible Tokens (NFTs), and exchanges. It is a primary source for cryptocurrency prices, charts, and market data, aiming to deliver accurate, timely, and unbiased information to its users.

Founded in May 2013 by Brandon Chez, CoinMarketCap has grown to become a staple in the crypto industry. The site not only tracks prices and market capitalizations but also offers educational resources such as news, academy content, research, and videos. CMC's service includes a cryptocurrency converter, an Application Programming Interface (API), and widgets for websites. Additionally, the platform hosts campaigns such as Airdrops, Diamond Rewards, and Learn & Earn to engage its audience.

The data provided by CoinMarketCap is extensive, covering more than 97% of all tokens by tracking the top 70 crypto chains. CMC's API is widely used by large crypto exchanges and financial institutions for accessing live and historical cryptocurrency charts, which are offered for free. The total cryptocurrency market capitalization displayed on CMC is the sum of all listed cryptocurrencies, and the site's data updates every few seconds, making it accessible and relevant to a global audience.

CoinMarketCap Plugins for Excel

CoinMarketCap Excel Plugin Using CoinMarketCap API

The CoinMarketCap Excel plugin leverages the CoinMarketCap API to import live ticker information directly into an Excel spreadsheet. This API is available for free and offers access to 9 market data endpoints. With the plugin, data is retrieved in JSON format, which then needs to be parsed and extracted within Excel to maintain up-to-date cryptocurrency pricing information.

CoinMarketCap Excel Integration

CoinMarketCap Excel integration permits users to seamlessly import and integrate data from CoinMarketCap into their Excel sheets. This feature is compatible with Excel 2013 and Excel 2016. To enable this functionality, users are required to download \"Microsoft Power Query for Excel\". The data within the Excel sheet is updated automatically, helping users to track the value of their cryptocurrency savings efficiently and may prove particularly beneficial for traders. It should be noted that users with Excel 2016 might already have Microsoft Power Query pre-installed.

CoinMarketCap Excel Tutorial Highlights

To utilize the CoinMarketCap API, users must first obtain an API key, which can be acquired by registering at https://pro.coinmarketcap.com/. This key is necessary for authentication as outlined in the API documentation. While Excel 365 Beta channel users have the added advantage of the STOCKHISTORY function for obtaining historical data for large cap coins, this function is not universally accessible. Nevertheless, connecting to the CoinMarketCap API through Excel is a valuable way to keep abreast of the latest cryptocurrency pricing information.

Common Use Cases

• C

  
  Use case 1: Pulling live ticker information for various cryptocurrencies into an Excel spreadsheet for real-time tracking and analysis
• C

  
  Use case 2: Updating an existing Excel table with the latest cryptocurrency pricing information using the CoinMarketCap plugin
• C

  
  Use case 3: Creating a dashboard in Excel to display live cryptocurrency prices and market data using the From Web feature
• C

  
  Use case 4: Using the CoinMarketCap API to import and refresh cryptocurrency data in JSON format into Excel for advanced data manipulation and reporting

Frequently Asked Questions

How do I import live ticker information for cryptocurrencies into Excel using the CoinMarketCap plugin?

To import live ticker information into Excel, you need to use the CoinMarketCap Excel plugin which utilizes the CoinMarketCap API. After obtaining your API key from the developer’s dashboard post-registration, you can use the 'From Web' option in the data ribbon of Excel to connect to the API endpoints and import data in JSON format, which must then be transformed into a table format.

Can I get historical data for cryptocurrencies in Excel with the CoinMarketCap plugin?

Yes, if you are an Excel 365 Beta channel user with the STOCKHISTORY function, you can obtain historical data for larger cap coins through the CoinMarketCap Excel plugin.

How can I keep the cryptocurrency data updated in my Excel spreadsheet?

You can keep your data up to date by clicking the 'Refresh all' button in Excel, which will automatically update the data imported from the CoinMarketCap API.

Is it possible to import data for specific cryptocurrencies and change column names in Excel using the CoinMarketCap plugin?

Yes, the CoinMarketCap API allows you to select specific currencies or data types, and during the import process using Microsoft Power Query, you can select which columns of data you are interested in and even change column names as needed.

How do I obtain an API key to use the CoinMarketCap Excel plugin?

To use the CoinMarketCap Excel plugin, you can obtain a free API key by registering and accessing your developer’s dashboard on the CoinMarketCap website.