Coygo has been providing a variety of tools to help users master the art of crypto day trading for years. The tools are also versatile, so users can constantly adjust them to align with their needs. Furthermore, the platform is user-focused and strives to improve its features by integrating some of the suggestions customers provide.
Coygo provides a variety of features:
- Pre-order calcs are available to help compute slippage prior to submitting orders by evaluating the order book
- There’s a dashboard where users can track their portfolios across each exchange from a simple interface
- Traders can observe real-time order book superiority analysis and swiftly assess bid vs. ask pressure
- Has near-zero latency, so you can link your computer directly to all exchanges and access your order book and trade data very fast
- Supports paper trading to determine which bot configurations work best before delivering real orders to exchanges
Does Coygo work?
The bot comes with configurable strategies, which you can tweak to your liking, enabling it to approach the market just the way you want.
Coygo: ease of accessibility
You can obtain this bot without much hassle. Just go to the official website and register an account. Once you log in, choose your bot strategy, configure it, and run it in the real market after backtesting it.
Coygo is compatible with several popular exchanges like Poloniex, Bittrex, Kraken, Coinbase, Binance, Bitstamp, Gemini, Bitfinex, bitFlyer, KuCoin, Binance.US, and Coinbase Pro. More exchanges will be integrated soon.
The terminal supports various strategies, including market-making, arbitrage, grid trading, swing trading, MACD, and RSI.
The user interface is generally friendly. It includes all the basic info you need to know about the bot. The content is also clear and understandable. What’s more, you can easily navigate through the entire website with no help.
Coygo company overview
The software was invented by Evan Francis, a full-stack software engineer with a B.S degree from Rochester Institute of Technology. Evan works with two other professionals, Dorian Kersch who is the CIO, and Ellery Addington-White, the CTO.
Time in business
The product came into this market in 2018, and since then, it has caught the attention of more than 5000 traders who are spread across 75+ different countries.
Coygo is safe to trade with. Its servers cannot access your money, and all your exchange credentials (API keys) are stored in an encrypted form on your hard drive. So, it is prudent for you to secure your device for maximum protection.
The platform features a free plan and two paid plans. First, we have the Pro package that allegedly offers the best value for active traders who manage many exchanges. The cost is $155 if paid yearly or $17 if paid monthly. The plan features a 5-day trial and provides long-term access to the Coygo Terminal and mobile applications.
The other package, namely Casual, targets trades who don’t transact daily. It is priced at $5 weekly or $1 daily and offers short-term access to the Coygo Terminal and mobile applications only when needed. A 2-day and 1-day free trial is available as well.
Are there any fees or commissions with Coygo?
There are no commissions or fees with this software. So, you get to keep all your profits.
Does Coygo have an API?
According to the vendor, Coygo does not have an API.
Coygo: performance metrics
We cannot assess the bot’s profitability since the vendor has not shared its live trading stats. Anyway, the crypto space is highly volatile, and traders can make money from the constant price fluctuations as long as they use the right coin pairs and strategies. The possibility of making losses is also very real, especially when you are new to the market and clueless.
What kind of support options does Coygo offer?
Customer support is available in many forms. We have email, a help and FAQ section, video tutorials, guides, support tickets, and troubleshooting info.
Reviews of Coygo
There are no customer reviews for Coygo on any of the third-party websites, like TrustPilot or Quora. In that regard, we don’t know how users perceive it or whether they are benefitting from the features offered or not.