- Yahoo now showing crypto prices on its website with its existing market price screener.
- Yahoo joins hands with CoinMarketcaps to achieve so.
With more than 3.5 billion monthly visitors Yahoo Finance is one of the largest platforms for gathering news of the financial world and now it has provided ease to its viewers by integrating with CoinMarketcaps for providing news including market capitalization, trade volume, circulating supply and many other things for almost 118 major cryptocurrencies.
Both Yahoo and CoinMarketcaps have decided that site will not only be providing the information about trading in these certain cryptocurrencies, it will also be providing information regarding the development of crypto markets, and in addition blogs and newsletters will be provided for the users from the CoinMarketcaps website.
Advantages of this partnership
This partnership is a win-win deal for both users and the partners; this will be increasing the number of users CoinMarketcaps receives and will be encouraging new readers who have not been involved in the cryptocurrency market to find new roads.
Considering the fall in the performance of Yahoo.com it’s a good step to encourage users to stick to the old platform.
Joanna Lambert, General manager of Finance commented in regarding of this partnership that, cryptocurrency is one of the fastest things to gain so much attention, so it’s important to cope up with this development and have to expand the margin of topics they cover on their website, so they chose CoinMarketcap to help them in this reform so they can cope up with the demands of their users.
Trading in cryptocurrency is still considered to be a taboo in the minds of traditional traders; this move by Yahoo could result in breaking of this stereotype and play a huge role in cryptocurrency more acceptable and accessible for greater adoption.
The integration process has been completed and users can use its services from this day onwards.