Many people have misconceptions about the functions of CoinMarketCap. Let's clarify. First, it is important to understand that CoinMarketCap is not an exchange at all; do not think about buying, selling, or trading cryptocurrencies directly on it — it is simply an information platform. Second, you cannot withdraw tokens through CMC because it does not have asset settlement capabilities. The third point is crucial: the Portfolio feature on CMC is just a tracking tool; do not use it as a wallet, as it cannot store your crypto assets. In simple terms, CMC is a place for checking data, tracking market prices, and managing your investment portfolio, and it does not involve any real trading or asset custody.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
FadCatchervip
· 8h ago
Haha, isn't this common sense? Someone really uses CMC as an exchange?
View OriginalReply0
MetaNomadvip
· 8h ago
Haha, has anyone really tried trading on CMC? That's hilarious.
View OriginalReply0
NFTPessimistvip
· 8h ago
Oh my gosh, some people really treat CMC as an exchange? That's so ridiculous... Portfolio is just a decoration; people who want to store coins there must have got it all wrong.
View OriginalReply0
ForkItAllvip
· 8h ago
Damn, finally someone explained clearly. Otherwise, so many people using CMC as a wallet is really crazy.
View OriginalReply0
GateUser-cff9c776vip
· 8h ago
Wow, how many people are still dreaming of one-click withdrawals on CMC? It really needs to be popularized. Honestly, it's just a market dashboard, don't treat it like a bank.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)