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Coinigy

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Coinigy
File:Coinigy Logo.png
Original author(s)William Kehl and Rob Borden
Developer(s)Coinigy Inc
Initial release2015
Repository
Engine
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Operating systemWeb, iOS, Android
TypeCryptocurrency trading
LicenseProprietary software
Websitehttps://www.coinigy.com

Coinigy is a digital cryptocurrency trading platform created by William Kehl and Rob Borden.[1] The Milwaukee-based company was founded in 2014 but the platform launched in 2015.[2] Coinigy allows users to access and trade with financial cryptocurrency markets worldwide using a web browser or mobile phone. Coinigy is currently available for Web, iOS and Android.

History[edit | edit source]

Coinigy was created by childhood friends William Kehl and Rob Borden when they started to take interest in mining bitcoin, and found a lack of professional trading tools in the industry.[3] The two then decided to make their own automated trading scripts, before designing their own trading platform for bitcoin and other cryptocurrencies that can be easily accessed by average users and those without any technical background. Kehl also cited the fact that most traditional platforms were for larger institutional traders as a reason for Coinigy’s conception, since there is a need for a platform catering to average investors.[4] After 10 months of development and a funding of $100,000 courtesy of their family and friends, Coinigy’s web platform launched in 2015.[5] The founders also offered pre-sale promotions before its release like annual and lifetime subscriptions.[6]

In 2016, an additional $400,000 of seed funding was raised to update Coinigy.[7][4] The funds were used to hire additional staffers for the company and further develop the api and mobile app.[7] Coinigy started out as a website before an Android version was developed and soon after an iOS version.

Features[edit | edit source]

Coinigy is a subscription-based trading platform that houses a layout consisting of technical indicators, charts, news feeds, price updates, and other custom options.[3][1] Over 45 exchanges can be accessed by users such as Binance, GDAX, Bitstamp, Bitfinex, Gemini, Kraken, Poloniex, Bittrex, C-Cex and many more, while also listing over 2,500 crypto markets.[6][1][3] The app also has extensions for Google Chrome and Mozilla Firefox.[3]

In terms of statistics, Coinigy’s dashboard lists balances on each exchange and wallet address to automatically show history and a portfolio's exact worth.[2] It is also Cloud-based and operates on ArbMatrix, an application that shows trading pairs from various exchanges in a grid format.[3][1] Security features also include two-factor authentication, U2F support and SSL. Digital wallets are also used and Coinigy never holds any personal funds.[2][8] Coinigy has set standards for the inclusion of suspicious exchanges.[2]

Reception[edit | edit source]

As of 2017, Coinigy had over 80,000 active users.[5]

References[edit | edit source]

  1. 1.0 1.1 1.2 1.3 "DEFINITION of Coinigy". Investopedia. Retrieved February 16, 2018.
  2. 2.0 2.1 2.2 2.3 "Coinigy Access Granted". Brave New Coin. Retrieved February 16, 2018. November 24, 2014
  3. 3.0 3.1 3.2 3.3 3.4 "Coinigy Review". BestBitCoinBroker. Retrieved February 16, 2018.
  4. 4.0 4.1 Rizzo, Pete. "Coinigy Raises $100k to Boost Bitcoin Trading Suite". CoinDesk. Retrieved February 16, 2018. March 19, 2015
  5. 5.0 5.1 Hauer, Sarah. "As interest in bitcoin grows, so does Milwaukee startup Coinigy". JS Online. Retrieved February 16, 2018. December 22, 2017
  6. 6.0 6.1 Connie. "Coinigy Trading Platform: Pre-Sale And Beta Key". CCN. Retrieved February 16, 2018. December 24, 2016
  7. 7.0 7.1 Higgins, Stan. "Bitcoin Trading Platform Coinigy Raises $400k". Coin Desk. Retrieved February 16, 2018. July 27, 2016
  8. Admin. "Coinigy Review – Multi-Exchange Bitcoin Trading Platform". ScamBitCoin. Retrieved February 16, 2018. July 19, 2017


This article "Coinigy" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Coinigy. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.



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