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Zignaly is a platform for day trading cryptocurrencies by a bot or through manual mode. Users can buy and sell Bitcoin and other cryptocurrencies with the full strategy (open/close) at once.
On Zignaly, users utilize signals to trade automatically. They simply connect with their preferred signals providers to trade automatically even as they sleep.
Traders can accept Sell signals to use it on auto-mode or set their own rules to close their positions. It is also possible to use it as a TradingView bot by creating custom buy and sell signals, and then send them to Zignaly. The platform embraces the following principles:
- All coins allowed (no limits)
- Accept multi targets from signals
- DCA-based rebuy strategy options
- Get sell signals to automate close
- Trailing stop loss
- Trade using TradingView signals
Trade cryptoâthe smart way
If youâre still trading from the exchange, you should read on to find out more. Zignaly enables users to set their full trading strategies with concurrent orders such as Stop-Loss, Take-Profit, Trailing Stop and many others for the same balance.
The platform offers a position-based trading terminal on which traders can set their entire strategy with their desired options without any limitation.
Platform features
- Crypto signals: traders can manage buy/sell signals from external integrated signals providers such as Mining Hamster Signals or Crypto Quality Signals.
- Unlimited coins: Traders do not need to select coin pairs. The platform accepts all the pairs from their enabled signal providers to let them get the most from them.
- TradingView Bot: traders can send their own signals from TradingView by using indicators or their Cryptocurrency Signal Finder recommendations.
- Trailing Stop Loss: One of the most used strategies in crypto trading and very rare in other exchanges. It is capable of following the price until the market reverses.
- Cloud-based: Zignaly is an online service that operates on the cloud. This comes with several benefits including timely updates, no installs, and no servers needed on the usersâ side. Besides, the program is safe and secure, as Zignaly trades directly on the exchange side. The coins are stored always on the exchange and users require no withdrawal limits.
Still on matters safety, the platform takes security seriously and the platform is designed with that in mind. They execute the trading orders on behalf of their customersâ exchange so they require no withdrawal rights. The funds remain 100% secure.
Profits and deposits
The role of Zignaly is to provide users with an immediate tool that makes it easy to trade cryptocurrencies. However, they cannot assure users any profit. Therefore, the profit generated on the platform depends on the usersâ settings and the market condition.
Crypto markets are volatile by nature and traders should only invest what they can afford to lose. The platform requires no deposits from traders.
Importantly, the platform is easy to use, as their pillar is âKeep it simple.â Traders can simply start with few basic configurations on the general settings. Many of the settings are optional, but users should check some basic concepts to know what theyâre doing.
There are explanations on each feature to make it easy to learn. It usually takes more than 10 minutes to get started on the platform.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.