Zignaly Review: The truth about this crypto bot

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Zignaly Crypto Trading Bot, an advanced crypto trading bot that integrates social trading features. To invest in cryptocurrencies, you can use the signals and copy experts provided. You can also choose to use the fully delegated mode which allows you to profit share. The cryptobot lets traders accept or reject the Sell signals and create their own rules to close trading positions. Clients can use the Zignaly Crypto Bot as a TradingViewbot. Zignaly clients have the ability to create their own signals, and send them to Zignaly.

 

The automated Zignaly crypto-trading robot is built on the user’s trades. Clients enjoy many benefits.

 

  • Only trades that succeed are paid
  • Copy trader (one position) will give you the exact same results.
  • Freedom to withdraw or keep earnings immediately
  • No minimum deposit requirement

What do people think about Zignaly?

Many, including Reddit, are highly impressed by Zignaly’s utility. It is a trading bot that uses cryptocurrency. It has been very successful.

 

Many users leave positive reviews on the platform. Zignaly’s feedback is generally positive and in line with critics.

 

Zignaly offers live analytics, a feature not found in any other trading bots. These reports include information on live metrics, monthly sales, and burn rate.

 

Instead of long tables and boring numbers, the details can be presented in simple diagrams. This transparency is rare and Zignaly has a lot of credibility. These metrics are a benefit for traders and a big plus for the platform.

Top Recommended Platforms

73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

MIN. DEPOSIT

$50

EXCL. OFFER

USER RATING

9.7

4.8/5

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 78% of retail investor accounts lose money when trading CFDs from this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

MIN. DEPOSIT

$250

EXCL. OFFER

USER RATING

9.3

4.5/5

CFDs are complex instruments and involve a high risk of losing money quickly because of the leverage effect. 65.3% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Supported Cryptocurrency exchanges?

Zignaly currently supports Binance, Kucoin and VCC. However, they did mention that it is currently only supporting Binance, Kucoin and VCC.

Pros and Cons

Pros Cons
It is free to use This policy is supported by only 4 exchanges
It is easy to find out about new bot traders Very simple, comparable to any other competitors
Copy trading feature
Trading pairs unlimited

Zignaly Features

Crypto Signals

Zignaly allows you to trade signals from other signal providers, even though it does not offer them. It partners with some of the most reputable signal providers, such as Crypto Base Scanner and Mining Hamster Signals.

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Copy Trading

This is great news especially for novice traders. Zignaly gives traders the option to copy-trade. It will then duplicate the trading activity of the trader they select. All settings and strategies are determined by the trader. Its online marketplace lets traders charge permission to allow others to copy their trades. You can view the success rate and read reviews for each user.

Profit Sharing

Profit sharing models let you invest in high-performing traders. You can share in the profits while only paying a fraction of trading fees.

Zignaly Safety and Security

  • Trade bot can not hold funds

 

Zignaly does not have direct access to customer funds, unlike other trading platforms, bots and brokers. It uses only the exchange used by the trader for the operation.

 

This platform supports only four exchanges. It connects each exchange using its API, but it will not allow it to withdraw funds from the trader’s account.

 

Zignaly advises clients not to provide API withdrawal authorizations. This ensures that customer funds cannot be accessed directly. This ensures security and protects funds from malicious attacks.

 

  • API keys for encryption

 

API keys must be RSA encrypted before they can be stored in the database. The database is protected by a DMZ. This is an isolated location from the rest. We use a certificate for encrypting/decrypting the API-Keys, which is kept outside the database servers.

 

  • 2FA

 

Your account security is dependent on your teamwork. You will need 2-factor authentication (2FA) to access your account and withdraw funds.

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Pricing

Sign up now to get started with Zignaly. Trading fees may be charged by connecting exchanges. Additional fees may apply if you buy signals or copy trades of another person through profit sharing and copy trading. Only pay for successful trades.

How to open a Zignaly account

  1. Register on Zignaly. 
  2. Connect your exchanges.
  3. Copy trading, trading, and profit sharing are all possible.

Zignaly Alternatives

There are many options for cryptocurrency trading bots other than Zignaly. These are just a few of the popular alternatives to Zignaly for cryptocurrency trading robots.

 

Coinrule integrates with over 12 cryptocurrency exchanges. It was launched in 2017. It was created in 2017.

 

Pionex, an exchange that has 12 crypto bots built in, can help you trade on autopilot.

Zignaly Review: Conclusion

Zignaly is a popular crypto trading platform. It is simple to use for new investors. There are four cryptocurrency exchanges supported by this crypto trading bot, but these are the most widely used in the world. You have access to hundreds of trading pairs. It is different from other platforms in that it does not charge a monthly fee. It integrates with signal providers. It allows newbies to copy trades of top traders, making it easier for them to make money.

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