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|Original author(s)||William Kehl and Rob Borden|
|Operating system||Web, iOS, Android|
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Coinigy is a digital cryptocurrency trading platform created by William Kehl and Rob Borden. The Milwaukee-based company was founded in 2014 but the platform launched in 2015. 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.
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. 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. After 10 months of development and a funding of $100,000 courtesy of their family and friends, Coinigy’s web platform launched in 2015. The founders also offered pre-sale promotions before its release like annual and lifetime subscriptions.
In 2016, an additional $400,000 of seed funding was raised to update Coinigy. The funds were used to hire additional staffers for the company and further develop the api and mobile app. Coinigy started out as a website before an Android version was developed and soon after an iOS version.
Coinigy is a subscription-based trading platform that houses a layout consisting of technical indicators, charts, news feeds, price updates, and other custom options. 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. The app also has extensions for Google Chrome and Mozilla Firefox.
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. It is also Cloud-based and operates on ArbMatrix, an application that shows trading pairs from various exchanges in a grid format. Security features also include two-factor authentication, U2F support and SSL. Digital wallets are also used and Coinigy never holds any personal funds. Coinigy has set standards for the inclusion of suspicious exchanges.
As of 2017, Coinigy had over 80,000 active users.
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