Coygo – Thorough Crypto Bot Analysis

Coygo is a system that works on the crypto market to make some profits. The developers provide us with various claims, explanations, and details about the robot. We are going to check the trading solution out to understand if there are any chances to work with it well.

About Coygo

Coygo is a system that can manage our deals on a crypto market automatically. The system covers all trading activities with relevant SL and TP levels. 

Coygo : how does it work?

• The bot works automatically. 
• It seeks trading opportunities and calculates entry points. 
• The advisor uses different indicators to spot trades.

How to set up Coygo?

The system should be downloaded and properly customized. Then, we have to set the robot to our exchanges using API keys. 

Key takeaways

• The presentation provides us with explanations about the system and its features. 
• Coygo will support us with executing orders automatically on the market. 
• It places relevant TP and SL levels for every opening order. 
• There’s one powerful suite of tools.
• We have various features about crypto trading bots, data insights, arbitrage, day trading, portfolio tracking, etc.
• The developers claimed that over 5000 traders trust this system. 
• The system can be used by investors and traders from over 75 countries. 
• We can manage various exchanges and trade on them from a single terminal. 
• The robot provides us with direct access to the market data.  
• There are real-time charts, order book analysis and more to master day trading crypto.
• We can generate API keys so the system will work on the market for us.
• This allows us to store data on our PC. 
• It trades various trading opportunities such as arbitrage spreads and triangular arbitrage.
• As a result, it’s possible to trade on as many exchanges as possible. 
• We can track our funds from our phone. 
• All orders will be placed on the market from our PC. 
• It connects to all exchanges directly.
• It’s possible to work with various Arbitrage bots.
• The execution speed is 25 milliseconds on inter-exchange arbitrage and intra-exchange triangular crypto arbitrage.
• It’s possible to keep trading on the account annually. 
• There’s an one-lick trading feature on the board.
• The system proceeds assets from our wallet to exchanges quickly. 
• We can work with an order book in real time. 
• It can calculate slippages to know when to avoid placing orders on the market. 
• It shows aggregated deposit and withdrawal history across all assets and exchanges.
• The system uses limit and stop-limit orders.
• It can set our holding in the following currencies: USD, BTC, or ETH.
• The strategy can be Possible Daily Bullish Reversals.
• We may use different filters like Daily High Volume Gainers.
• There’s data from indicators like: MACD, RSI and Bollinger Bands.

User interface

There’s no information about functionality of the user interface. 

Trading strategy behind Coygo

It works with arbitrage opportunities that appears between exchanges from time to time. 

How profitable is Coygo?

We don’t know for sure. The presentation doesn’t include details about trading results. So, it’s almost not possible to predict how the system will work for us.

Safety and security of Coygo

The system works with the market through API keys.  We have to generate them before attaching the bot to our exchange.

Customer support

We don’t know how good the customer support is because there are no testimonials written about it. 

Reputation

We know that the service has been existing since 2020. 

Team members

The presentation reveals several investors behind this service: Evan Francis, CEO.  He’s been a Bitcoin enthusiast since 2010. 

Dorian Kersch, CIO. He has almost the same Bitcoin-mining background.

Ellery Addington-White, CTO. He has a strong technical experience within blockchain technologies. 

Coygo exchanges list

We are allowed to trade Bittrex, Kraken, Coinbase, Coinbase Pro, Poloniex, Binance, Gemini, Bitfinex, bitFlyer, Bitstamp, KuCoin, and other exchanges.

Coygo pricing: is it worth your money?

The developers suggest we pick on the packages to work. An annual subscription costs $155. This is $0.42 daily. It includes a five-day free trial. The monthly price is $17. The daily price is $0.55. There’s a five-day trial. There’s a casual plan for $5 weekly or $0.71 daily. This pack includes a 2-day trial. The cheapest pack can be bought for $1. It includes one day of free trial. Alas, the developers don’t support us with a refund policy. 

Coygo review: upsides and downsides

Coygo review: final remarks

Coygo is a bot that can help us with trading Arbitrage strategy on the market. We can connect the system to several exchanges to manage our portfolio. The presentation provides us with plenty of explanations about the robot. Alas, we don’t have trading results or backtest reports published. 

Score: 6/10