Coygo seeks to help customers master digital asset trading through its powerful suite of tools. By using the tools, you will be able to evaluate market data, run automated crypto bots, view real-time charts wherever you are, and track your portfolio, among other things. This, according to the vendor, will put you ahead of competition.
How does this crypto bot work?
Coygo provides pre-built bot strategies to enable traders execute orders faster and more effectively. Every approach has its own unique set of configuration options for you to dictate how the bot searches for and implements trades.
Getting started with Coygo
You need to apply these steps to access the platform’s tools:
- Create an account with Coygo by completing the sign up process
- When you log in to your account, choose a strategy and give your bot a name
- Configure the bot to dictate how it operates
- Run your system in test mode to see how it would operate using a certain configuration
- Trade with real funds when you are sure the strategy can earn you money
Company information
Coygo Inc., the company behind this software, is based in San Diego, California. It was founded by Evan Francis, a software engineer who is an alumnus of Rochester Institute of Technology. Dorian Kersch is the co-founder and CIO of the company. He describes himself as a certified technical architect. The last member of the team is known as Ellery Addington-White, a full-stack software engineer who works as the CTO of the organization.
Features of Coygo
Some of the significant features of the bot are described below:
Custom filters
The platform allows you to create your own custom filters by blending several comparisons against different data points.
Near-zero latency
Your device is linked directly to every exchange to obtain data in real time, so there is no need for servers. This enables Coygo to process very high volumes of data with minimal delay.
Portfolio tracking
You can track your portfolio on your mobile phone or laptop when you link your accounts in Coygo Terminal.
Powerful charts
The platform permits you to observe charts for every asset utilizing RSI, MACD, and Bollinger Band Indicators, powered by TradingView.
Strategies of Coygo
The software works with real-time triangular arbitrage trading bots that are able to spot arbitrage opportunities within milliseconds on any exchange supported. It also applies swing trading, grid trading, market making, and more.
Pricing, fees, and commissions
Coygo has several plans. The first one is known as the Pro package and costs $155/year or $17/month. It features a 5-day free trial and provides long-term access to the Coygo Mobile applications and the Coygo Terminal. The other package, which is dubbed the Casual plan, has an asking price of $5 paid weekly or $1 paid daily. This option is suitable for traders who desire to engage in a few trades and require short-term access to the Coygo Terminal and Coygo Mobile applications. The free trial offered here only lasts for 2 days.
We also have a Free plan that gives you free access to some of Coygo Mobile’s powerful features. The last package, Enterprise, is designed for traders who work as a group. There’s no info about its pricing, though.
Deposit requirements
The vendor doesn’t stipulate any deposit requirements. However, the minimum deposit amount you are supposed to work with may be determined by the strategy, exchange, assets used, etc.
What exchanges does Coygo support?
Coygo works with the following crypto exchanges:
- Coinbase Pro
- KuCoin
- Binance
- Binance.US
- Poloniex
- Bitfinex
- Bittrex
- Gemini
- bitFlyer
- Bitstamp
- Kraken
- Coinbase
What languages does Coygo support in their brand?
Coygo supports the English language only.
Can you really make money with this bot?
It is possible to earn money using this bot. However, this will depend on several conditions, including the type of exchange used, the bot’s configuration, the interaction of other traders with order books, internet connection speed, and other factors. Trading risks are always a reality, so you need to be careful while still working with the system.
Advantages of Coygo
- Cost-effective
- Easy to use
- Numerous features are available
Disadvantages of Coygo
- Supports one language only
- Its performance in the market is unknown
Customer support
The company provides different customer support options for users. For instance, it features its email address on the official website for direct contact. You can also visit the support portal to view guides, FAQs, blogs, or create and track support tickets.
Who is Coygo suitable for?
Coygo may be appropriate for traders who want to capitalize on arbitrage trading. It integrates arbitrage bots to assist users in finding and executing Bitcoin and arbitrage opportunities within milliseconds. As a consequence, subscribers can trade faster and increase their chances of earning more income.
Coygo summary: is it worth going for it?
Coygo offers a wide range of interesting features that make crypto trading hassle-free and more efficient. Through its automated bots you can place more trades and earn more profits compared to manual trading. Even then, you have to be careful with the platform because it lacks a track record. Its real profitability rate is unknown.
- Features-8/10
- Ease of use-7/10
- Fees-7/10
- Support-5/10
- Price-7/10
- Payment methods-4/10
