Many newcomers often confuse CoinMarketCap's actual capabilities. Let's set the record straight:

CoinMarketCap is fundamentally a data and tracking platform, not a trading venue. You cannot buy, sell, or trade cryptocurrencies directly on CMC—it's designed for price tracking and market information instead.

Another common misconception: don't expect to withdraw tokens through CoinMarketCap. The platform simply doesn't support token withdrawals.

The CMC Portfolio feature deserves special mention. While it's useful for monitoring your holdings, it functions as a tracking dashboard, not an actual crypto wallet. It cannot store or hold your digital assets. Think of it as a viewing tool for your investments, not a custodian.