Zignaly (ZIGDAO)
Pricing
Free – $20/month
Platform
Mobile apps, website
Pros:
- Zignaly’s app and website are highly accurate in executing actions.
- The platform prioritizes effective customer service.
- It offers a strong and user-friendly trading interface on its website.
- Zignaly provides access to free signal providers, including reputable ones.
- Traders can benefit from a variety of educational materials.
Cons:
- The platform supports only a limited number of exchanges.
- It’s important to understand that profits are not guaranteed when using the app for trading.
Customer Service
Customer services 24/7, email, help center
Zignaly Review
Zignaly is becoming more community-focused and using AI to boost your investment returns. They’ve introduced ZIGDAO to make advanced investing accessible to everyone through decentralized technology. In terms of public ratings and reviews, Zignaly boasts a strong reputation. Trustpilot, a well-known review site, gives it an average rating of 3.3 out of 5 stars. Notably, Zignaly’s team has responded to every unfavorable review, addressing issues and offering apologies when necessary. This demonstrates the platform’s commitment to providing an exceptional user experience and its genuine operation.
About Zignaly
Established in 2018 by friends Bart, Rafay, and David, Zignaly has grown to a global team of over 30 dedicated individuals. Their mission is to empower both professional traders and everyday investors. Zignaly has gained recognition from notable sources like Forbes, Nasdaq, Yahoo Finance, and Bitcoin.com, establishing itself as a trusted brand with over 430,000 users worldwide.
Who Should Use Zignaly?
Zignaly caters to a diverse range of traders. Users have the flexibility to opt for fully automated trades, blend professional trading strategies with their own, or even create and automate their unique trading systems.
Is Zignaly Safe?
The SAFU fund of Binance, operating under the Binance Broker program, ensures the safety of funds on the platform. Zignaly employs two-factor authentication (2FA) and robust data encryption to provide the highest level of data security. This means users can trade on the website with confidence. Additionally, the support team is readily available to assist investors while maintaining a secure trading environment.
Zignaly Platform & Features
This Zignaly review delves into the platform’s features and advantages.
Copy Trading
Zignaly’s copy trading platform ensures that your results align with the trader you’re following by automatically replicating their trading actions. It handles settings, strategies, and risk management on your behalf, relieving you of any worries. Currently, over 90,000 users of the copy trading service have a combined balance of $70 million. You can become a Zignaly copy trader and earn commissions when others use your strategies.
- Connect Exchange: Using secure APIs, you can link your Zignaly account to supported exchanges.
- Pick A Trader: Choose an “expert” to copy based on their past results and trading history.
- Select Maximum Balance: Specify the maximum amount you want to invest, and the system will make proportional investments.
Profit Trading
This innovative program enables users to automatically buy and sell cryptocurrencies by emulating professional traders. You can replicate trades from 100 experts based on their track record, strategies, and historical performance. Notably, fees are only applicable when your positions are profitable, distinguishing it from traditional copy trading.
Zignaly Bridge
Holders of ZIG tokens can now benefit from the ZIG token Bridge, simplifying trading and investing in utility tokens. While native ZIG coins are supported on the Ethereum network, they must be translated through a bridge before being used on other networks like Smart Chain, Binance, Solana, or Polygon. You can specify the number of tokens to exchange and the desired currency using the bridge.
Ease of Use
Zignaly is user-friendly. All you need to do is select a trader and model to copy, and the system takes care of the rest after allocating your investment amount. You can add funds to your account by transferring them from an external exchange or crypto wallet. Alternatively, you can send money directly from your existing cryptocurrency wallet by accessing the My Exchange Account menu and selecting the Deposit option. From there, you can start your automated trading by choosing a Zignaly function that suits your preferences.
How to Open an Account on Zignaly
Zignaly stands out as a platform that doesn’t burden users with a lengthy authentication process. To get started and access all of Zignaly’s features, you only need to follow these simple steps:
- Click on the “Sign Up” button in the homepage’s upper right corner.
- Fill in the required information, including your Username, Email, Password, and Password Verification.
- Decide whether to accept or reject the platform’s terms of service.
- You can also choose whether to receive notifications from crypto bots.
- Once you’ve completed these steps, your registration process is complete.
In Conclusion
As the popularity of crypto trading bots continues to rise, Zignaly has integrated them into its array of features. This is particularly important as cryptocurrency markets are known for their volatility. Zignaly hosts crypto trading bots that offer speedy service. Currently managing approximately $120 million in assets with a trading volume of $5.6 billion, it provides users with the opportunity to have a trading profile akin to that of an expert trader by utilizing these crypto bots. In summary, Zignaly presents itself as an excellent choice for automated cryptocurrency trading.
