Many cryptocurrency and digital asset traders have a set of tools that they use for their day-to-day workflow. Tracking balances, transferring between exchanges, and trading on multiple exchanges can be quite cumbersome, so we turn to software to help save us time and gain an edge over other traders.
Coinigy’s problem
One popular solution is Coinigy, a web-based platform that offers a suite of tools for trading. While these tools can be very helpful there is one glaring flaw that makes Coinigy a hard sell: it requires you to send your exchange account API keys to their servers. This means that Coinigy’s servers have full access to your exchange accounts and your funds. This is akin to giving a company your username and password to online banking, and opens a range of security and trust issues as you’re essentially giving.
Coygo’s solution
API keys never leave your hard drive
Coygo. is an alternative solution that provides tools for multi-exchange crypto trading, portfolio tracking, real-time insights and more. Unlike Coinigy, when you connect your exchange accounts to Coygo with API keys your keys are only stored encrypted on your hard drive. That means that Coygo’s servers never have access to your exchange accounts or your funds. All trades are submitted directly from your computer, not Coygo’s servers, and all data feeds are from a direct connection between your computer and the exchange.
API keys aren’t required
As a matter of fact, API keys aren’t even required to use Coygo. Without connecting any exchange accounts, Coygo users have access to a wide range of real-time insights and data tools that can help them gain an advantage over their competition. Analyze order book data with Order Book Superiority Analysis to see if other traders are putting more buy or sell pressure on the order books. Analyze recent trade activity to determine if price movements are from a couple whales or more organic trading activity. Use the Arbitrage Scanner to find arbitrage spreads across every exchange. There are tons of data tools available without ever entering your exchange account API keys.
Multi-exchange trading, portfolio tracking, transfers, & more
If Coygo users decide to connect their exchange account using API keys, they gain access to an even larger set of features. These include submitting and managing orders, tracking their portfolio and wallet balances on every exchange, transferring between wallets on different exchanges, viewing an aggregated trade and transfer history from all exchanges, and more. No matter what your daily trading workflow is, Coygo offers something to make your life easier, save you time, and keep you informed.
Whether you’re a day trader or you just need a portfolio tracker for all of your exchanges, Coygo offers the tools you need without asking you to forfeit your accounts to a third party’s servers. In a world of crypto scams and hacks, this is the direction our tools should be heading. Those interested can sign up at www.coygo.app.
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