Coygo promises to increase your mastery in crypto trading, and for now, it is supposedly trusted by 2500+ traders in more than 75 countries. The system was founded by Evan Francis, a software engineer with a passion for creating user-focused products.
Coygo is essentially a system that offers a suite of tools for creating, configuring, and running crypto trading and arbitrage bots.
|Price:||$155/year, $17/month, $5/week, or $1/day|
|Supported exchanges:||Coinbase, Poloniex, Binance, Kraken, Coinbase Pro, Bittrex, Gemini, Bitfinex, bitFlyer, Bitstamp, and Kucoin|
The bot comes with many features, which users might find handy:
- Crypto arbitrage bots
Through the platform, you can construct arbitrage bots that can assist you leverage Bitcoin and crypto arbitrage opportunities.
- Trade analysis
With this feature, it is possible to assess the trade history to identify the trends that form in the market and take advantage of them.
- Pre-order calcs
These calcs help users to establish slippage by assessing the order book prior to submitting orders.
- Near-zero latency
Since your computer is directly linked to every exchange, Coygo’s servers don’t have to take up the role of middleman.
- Order book superiority
With this feature, you can observe real-time order book superiority analysis for all orders within 5 percent of the previous price, allowing you to assess bid vs. ask pressure swiftly.
How does it work?
Coygo offers a collection of professional tools meant to enhance your trading experiences. You can use these tools to assess the market, day trade, run automated bots, and track your portfolio. As a consequence, you can keep abreast of what is happening in the crypto market and have a hedge over the competition.
Coygo supports all the main exchanges, including:
- Coinbase Pro
How does Coygo stand out?
This system stands out for being trader-focused. The development team has come up with a number of tools that attend to the unique needs of traders. For instance, there’s a terminal app that supports an array of strategies for different goals. A Coygo Mobile is also provided to ensure you are able to track your portfolio and real-time charts while you are on the go. We cannot fail to mention the Coygo Screener, which features preset filters to assist you find the best assets to use.
Best for: traders who have an interest in crypto arbitrage
The platform promises to make arbitrage less complicated through its bots. Through the systems, you can take advantage of small differences in price between Bitcoin in 2 or more markets. So, purchasing the coin in one market and selling it in the other market simultaneously within milliseconds becomes a reality, enabling you to pocket the difference.
Coygo provides various packages. The Pro plans, which cost $155 yearly or $17 monthly, target active traders that manage accounts on many digital asset exchanges. It offers long-term access to the platform’s terminal and mobile apps, allowing you to trade and check your portfolio anytime at a discounted rate. A 5-day free trial is available on both packs.
Casual plans are also present to meet the needs of traders who want to conduct a few trades and monitor their portfolios. Therefore, for either $5/week or $1 daily, you can obtain short-term access to the Coygo terminal and mobile apps when necessary only. A 2-day or 1-day free trial is offered. Lastly, if you are part of a team of traders who want to utilize the platform’s tools, you can subscribe to the Enterprise package. You need to contact the support team for more info, though.
How safe is Coygo?
The vendor says that you should trust that this bot is safe because its servers can never obtain access to your accounts. All of your API keys are kept encrypted on your hard drive and not its servers. Also, the platform will not force you to give up your credentials.
The reputation of this system among traders is not really known. We couldn’t find any user reviews relating to it on either Trustpilot or FPA. In any case, we would like to think that the platform is legit, given that it has partnered with some of the most popular exchanges in this market.
Is it a good choice for beginners?
Yes. The app has an intuitive interface that users can navigate with much ease. A wealth of information regarding its various functionalities is included, and if you are a first timer who has never created a bot before, you don’t need to worry. You can always visit the knowledge base, find an article with this info, and learn to do so. The customer support team is also ready to make your interactions with the system as simple as possible.