Coygo allows traders to trade several cryptocurrencies with automatic bots, arbitrage strategies, and portfolio tracking. It supports multiple crypto exchanges, i.e., Binance, Coinbase, Gemini, Poloniex, etc. Investors can use ready-made strategies or write custom codes for their robots and select from a range of API keys available within the platform. This unbiased review will explain the features, company background, and much more to see if the service is legit and profitable for use in 2022.
- About Coygo
- Coygo review: key features
- Coygo trading strategy
- Security of Coygo
- Is Coygo safe?
- How much does Coygo cost?
- Getting started with Coygo
- Deposit and withdrawal
- Does Coygo charge fees and commissions?
- How much profit can it earn?
- Company repuation
- What languages does Coygo support in their product?
- Coygo reviews
- Who is Coygo for?
- Coygo: supported devices
- What exchanges does Coygo support?
- Coygo customer care
Coygo review: key features
The essential features and tools at Coygo include:
You can transfer your assets between two exchanges in a short time.
Trading on multiple platforms
Coygo lets users create and manage orders by tracking trading history on multiple exchanges.
It has a portfolio tracking feature for all exchanges that can be assessed from one place.
Coygo trading strategy
Coygo uses several pre-built strategies like grid trading, scalping, triangular arbitrage, swing, market making, etc. After signing up, traders can use various trading techniques for their bots and customize them according to their requirements.
Security of Coygo
Coygo offers multiple API keys for traders including No, Read-only, Trade and Transfer. Each has a specific set of qualities to cater to the needs of the general community. Giving access to your funds can make your funds a bit risky.
Is Coygo safe?
Using the platform without a proper strategy can result in the loss of funds. It is recommended not to give access to withdraw your funds on the exchange via API keys.
How much does Coygo cost?
Coygo comes with multiple subscription plans that we will explain later on in our article.
Getting started with Coygo
To start trading with Coygo, follow the step given below:
- Create an account on the platform
- From the list, select a trading strategy and name your bot
- Customize the robot according to your requirement, e.g., exchange, high/low grids, and trading pair
- Launch your bot and start trading
Deposit and withdrawal
Coygo lacks information about the minimum deposit required to trade with the bots. Traders can withdraw funds from their exchange when they require.
Does Coygo charge fees and commissions?
Coygo is available in two pricing plans for casual and frequent traders. The Pro subscription comes for $0.55/day, $17/month, and $155/year. The simple offer can be purchased weekly or daily for $1/day and $5/week. It also lets users benefit from its free subscription with limited features.
How much profit can it earn?
The profitability of Coygo can depend on market conditions and your strategy. Using a manual approach can help you with maintaining the risk.
Coygo was established in 2018, and the company exists in San Diego, California, United States. The team’s key members behind the platform are CEO Evan Francis, CIO Dorian Kersch, and CTO Ellery Addington-White. As per the vendor claim, it provides services in over 75 countries with 5000 users.
What languages does Coygo support in their product?
Coygo is available for its users in only one language, i.e., English.
The website lacks backtesting or live records for bots, that could show its performance in actual market trading. There are no customer reviews for the platforms that raise concerns about their authenticity and devoids us from understanding the true output of the service from the viewpoint of retail traders. The vendor does not guarantee to profit from the algorithms.
Who is Coygo for?
Coygo is suitable for casual traders who prefer to use latency arbitrage to their advantage. While this may require some experience, investors can use the code editor to help develop custom strategies.
Coygo: supported devices
Coygo can work on your Windows, Mac, and Linux, and smartphones.
What exchanges does Coygo support?
Coygo provides full support for seven crypto exchanges like trading, arbitrage, bots, portfolio tracking, etc. Traders can trade on the following platforms:
- Coinbase Pro
Coygo customer care
Traders can submit their queries via a ticket on the customer support portal. The live chat is only available during office hours.