Coinigy is a web-based cryptocurrency trading and portfolio management platform. It allows users to access multiple crypto exchanges from a single account—the platform supports over 45+ crypto exchanges across 20,000+ markets. Traders can also use Coingy on their mobile devices, either Android or iOS.
It provides powerful tools and features to help with trading cryptocurrencies, such as real-time market data, advanced technical charting, order management tools, and more. Thus, it benefits traders by helping them manage and trade cryptocurrencies more efficiently and improve their trading performance.
In this review, we will examine Coinigy’s pros and cons. We will also see what benefits and features it offers, along with potential drawbacks and improvements.
Who Should Use Coinigy?
Coinigy is suitable for all types of traders, especially for experienced traders. It offers many features that can be helpful for those who need a comprehensive trading platform. Moreover, it provides a 7-day free trial with full access to its features for users to experience before spending money.
Coinigy’s platform is designed to handle high volumes of trades and API calls, which will help execute trades efficiently. Also, traders can take advantage of price differences between different exchanges. Coinigy’s platform supports multiple exchanges and has real-time access to all exchange and market data, making it easier for traders to identify and execute profitable exchange arbitrage trades.
However, despite being a comprehensive trading platform, some potential drawbacks exist. Some traders might find their subscription plans expensive since some are on a tight budget. Aside from that, it might be a steep learning curve for new users since it can be overwhelming to some.
Still, Coinigy is a helpful trading platform for traders. It can increase trading performance and manage cryptocurrency portfolios if used correctly.
What Exchanges Are Supported?
Coinigy supports over 40 cryptocurrency exchanges. Some popular exchanges it supports are:
- Binance
- Bittrex
- Kraken
- Coinbase Pro
- Kucoin
- Lightspeed Crypto
- Poloniex
- Bitfinex
There are also other exchanges that it supports, but with less popularity.
Coinigy Features
Security
To ensure that traders’ data are safe and secure, Coinigy provides AES 256-bit encryption, DNS-level DDOS (Distributed Denial of Service), and SSL to ensure all sensitive user data is encrypted. Also, it supports two-factor authentication (2fa) and U2F (Universal Second Factor) authentication. Other than that, it also supports a mix of alphanumeric characters and symbols.
If traders’ exchange accounts or real accounts were to reach a certain number of failed login attempts, their account and IP address would be banned for an extended period. Besides that, all user requests are checked for XSS, CSRF, Clickjacking, and Session Impersonation attacks.
Coinigy API
Coinigy offers real-time API integration for developers to access and integrate the platform’s data and functionality into their own applications. It provides access to blockchain analysis, smart contracts, data visualization, live data feeds, and many more.
With this feature, developers can build custom trading applications and strategies. To learn more about it, Coinigy also provides documentation and examples for advanced traders to understand.
Price Alerts
Coinigy offers price alerts that allow traders to customize notifications based on specific trading pairs, exchanges, and price levels. Traders can set multiple alerts for different trading pairs.
Moreover, traders can choose their notification types, whether it is through e-mail or SMS, which will benefit traders in staying on top of market movements and making the best trading decisions.
Portfolio Management
Coinigy automatically tracks all traders’ cryptocurrency holdings across supported exchanges, allowing traders to view their portfolios on one platform. Besides that, the platform will let traders’ portfolios stay up to date on the current value of their holdings.
Moreover, Coinigy provides a complete transaction history for all trades and transfers, allowing traders to track their performance and keep track of trading strategies. Traders can select a certain date to check their previous exchange accounts without manually finding it, which will be a huge time saver.
Historical Data
With historical data, traders can analyze price trends and patterns to predict future price movements. This feature includes trading volume, market capitalization, and trading prices. Besides, traders can download Coinigy’s historical data in CSV or JSON format for further analysis, which developers use when creating a custom trading tool.
Insights
To keep traders up to date with the latest market information and platform functionality, Coinigy offers insights about their own platform and market trends about other cryptocurrencies. Thus, traders can make informed trading decisions according to the given information.
If traders wish to know if there are any updates or changes about the platform, they can check the changelog for more information.
Mobile App
Besides the web version, Coinigy provides mobile app access on Android and iOS devices. Traders can access all of Coinigy’s features on the Coinigy mobile app too, which will be helpful to those who prefer to trade on the go.
Coinigy Review: Pricing
When traders create an account on Coinigy, the platform offers a Starter Plan, a 7-day free trial. Here are some of the benefits it includes:
- Unlimited exchange accounts
- 70+ technical indicators
- 24/7 automatic portfolio monitoring
- 365 security & stability
- Mobile app access
- Email support
After 7 days, traders can choose either the Pro Trader plan or the API Developer plan to continue using Coinigy.
For the Pro Trader plan – $99.99 per month
- Costs from $99.99 per month
- Unlimited exchange accounts
- 70+ technical indicators
- 24/7 automatic portfolio monitoring
- 365 security & stability
- Mobile app access
- Email support
- Unlimited API accounts
- Unlimited chart layouts
- Advanced order types
- Unlimited session length
For API Developer plan – $18.67 – $21.95 per month
- Costs from $18.67 – $21.95 per month.
- Unlimited exchange accounts
- 70+ technical indicators
- 24/7 automatic portfolio monitoring
- 365 security & stability
- Mobile app access
- Email support
- Unlimited API accounts
- Unlimited chart layouts
- Advanced order types
- Unlimited session length
- Priority support
- Coinigy CryptoFeed & Enterprise API access
Programs
Coingy provides referral and affiliate programs for users to choose from.
A Referral program rewards users for referring new people to the platform. By sharing the referral link, users can earn $15 every time someone enters the link and pays for a subscription.
On the other hand, an Affiliate program allows users to promote the platform to the audience. Users can also get a $15 per paid client who signs up at the Coinigy website and pays for a subscription plan.
How To Open A Coinigy Account?
Step 1: Visit The Coinigy Website.
First, visit the official Coinigy website.
More details
Coinigy is a comprehensive multi-exchange cryptocurrency trading and portfolio tracking management platform. It provides many features, such as real-time API, portfolio tracking and management, insights, historical data, etc. These features help traders to place and execute trades much more efficiently and improve trading performance.
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Provides real-time market data to traders.
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Advanced trading tools for identifying opportunities.
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Wide range of cryptocurrency exchanges.
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Able to manage portfolio efficiently.
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Beginner traders might find it overwhelming.
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Subscription plan might be expensive for some.
Step 2: Create An Account
Once on the homepage, click the [Sign up] button on the upper right.
Step 3: Enter Account Details
After clicking the [Sign up] button, enter your e-mail address and password. Then, check the Terms & Conditions and Captcha box before clicking the [Register] button at the bottom.
Step 4: Activate Your Account
Once done, Coinigy will send a verification link to your e-mail address and transfer you to the login page.
Go to your inbox and click the [Activate Your Account] button to verify your e-mail address.
Step 5: Complete
Once you have clicked the button, enter your e-mail address and password. Then, click the [Login] button.
Congratulations, you have a Coinigy account! After a few tips from the platform, you can start to manage your trading pairs and portfolio.
Coinigy Review: Major Drawbacks
1) Expensive Cost
Although it offers a range of features that will benefit users, some may find Coinigy’s subscription plans expensive, especially those who require access to many exchanges and API calls.
2) Learning Curve
Since Coinigy is a feature-rich platform, beginner traders may need to find it hard to navigate through its wide range of options and tools.
Improvements
Coinigy is a generally powerful and feature-rich platform for traders, but there is always room for improvement.
One of the improvements is the user interface. While Coinigy offers similar features with a customizable user interface, some users have claimed to be overwhelming, especially for beginners. Thus, simplifying the interface can improve users’ experience.
Other than that, it is recommended that Coinigy adds more support exchanges to the platform. Although it has already supported a large number of major exchanges, there are still some unsupported major exchanges that users desire. Doing so will attract more users while providing a more comprehensive experience.
Lastly, Coinigy can provide access to more educational resources about the platform for beginner and advanced traders, such as tutorials, webinars, videos, and more.
Still, Coingy is a good cryptocurrency trading platform for those interested in other trading platforms.
Our Verdict
Coinigy is a comprehensive cryptocurrency trading platform for all types of traders, including app developers. It supports several trading accounts on multiple cryptocurrency exchanges in a single platform. Moreover, it provides traders with real-time market data, price alerts, market insights, historical data, and more.
If you are interested in testing the platform, Coinigy offers a 7-day free trial for new users. Thus, you can compare it with other cryptocurrency trading platforms to see if there are any similar features or different trading experiences.
However, please remember that some traders might find it hard to navigate through the platform because of its rich features. Also, the subscription plan might be expensive for some.
Still, Coinigy is a generally great platform with many positive reviews. If you have any other questions, visit Coinigy’s review or their support page and learn more about how Coinigy supports you.
Coinigy offers AES 256-bit encryption, SSL, sensitive user data, two-factor authentication, and U2F authentication and supports passwords up to 40 characters.
If you wish to know more about its security features, you can look at security FAQs or submit a request to its customer support page.
Yes. Coinigy offers APIs that allow developers to build custom cryptocurrency trading platforms, bots, and applications. Traders will need to create an API key and secret on the platform before using the platform's APIs.
Although Coinigy doesn't provide tax reporting tools directly, it does offer integration with third-party tax reporting services.
Julia Zakharchuk
Julia is a professional crypto and blockchain writer known for her insightful YouTube channel "MoneyFest." She showcases her dynamic presentation skills as a host and moderator at blockchain conferences. Julia drives also business development at ChainUp and advises UNITBOX, an innovative NFT renting protocol. With her exceptional expertise, Julia is a highly valued industry contributor and is set to make a lasting impact. We at Coinweb are lucky to have her on board.
