Find & trade crypto arbitrage opportunities with Coygo, no API keys required. Now with Bittrex support!
Hello crypto traders! If you’re interested in exploiting arbitrage opportunities, Coygo’s latest update makes it easier than ever to spot price spreads in real-time across multiple exchanges and act on them. Continue reading to see live GIFs and more information.
If this is your first time hearing about Coygo, we provide a secure multi-exchange cryptocurrency analytics and trading terminal. Coygo is a downloadable desktop application for Windows, Mac and Linux that allows traders to view real-time market data and insights without requiring any API keys. If you want to provide your API keys you can connect all of their exchange accounts to have a single, secure interface to track account balances, submit trades, execute transfers between accounts, and lots more. Unlike most other solutions, your API credentials are only stored securely on your machine, we never have access to your funds or accounts. All trades and transfers are submitted directly from your machine, our servers never touch your accounts or account credentials.
If you live in the U.S. and you would like to help us shape the future of Coygo, we welcome you to sign up for our beta at www.coygo.app, which is currently free of charge.
No more API keys required!
We have heard you loud and clear. Some people will never be comfortable sharing their API keys with a third party platform like Coygo, even though we only store your API keys encrypted on your own hard drive and they never touch our servers. Now you can use all of Coygo’s data tools, like our Arbitrage Scanner, Order Book Superiority Analysis, and Asset Search, to get ahead of the competition without ever giving Coygo your API keys! If you decide that you want to use Coygo’s portfolio tracking or trading features, then you have the option of entering your exchange account API keys to gain such functionality.
Real-time arbitrage scanner
Our new Arbitrage Scanner allows you to view spreads across multiple exchanges for any trade pair in real-time. One advantage of using Coygo is that your machine is connected directly to each exchange and subscribing to a real-time feed of data. That means that whatever you see on your screen is being updated immediately and directly from the exchange, there is no middleman to slow down your access to exchange data.
This feature supports markets on any of our supported exchanges that allow real-time data feeds. As of writing that list includes Coinbase Pro, Binance, Poloniex, Bittrex, and Kraken.
Combining Coygo’s tools for finding arbitrage opportunities
In our previous update we added a powerful Asset Search for custom filtering and searching of assets. Combining these two tools, you could run a custom search for any coins that have a decent 24h volume and down in price by at least 2% in the 24 hours. This would give you a list of coins that are volatile today. Then you could use our Arbitrage Scanner to find arbitrage opportunities with any trade pairs that include those coins.
Trading arbitrage opportunities
Once you’ve found a spread that is profitable you can use Coygo’s simultaneous multi-exchange trading interface to submit your trades. View real-time charts, order book data, and order book analysis, and easily submit trade orders to any exchange. Don’t want to do the math to figure out the USD value of your trade? Use our simple “$50, $100, $250, $500, $1000, $2500” buttons to quickly set the trade value to the amount that (approximately) equals that USD amount.
Transfer between exchanges
Found a profitable spread but you don’t have enough balance on one of the exchanges? Use our transfer interface to easily send coins from one exchange to another, and see the estimated USD value of the transfer before submitting. This requires transfer API key permissions, so if you’re not comfortable with that you are free to not give your API keys transfer permissions and not use this feature.
Bittrex data support
We’ve had our eyes on supporting Bittrex for awhile as its one of only a few US-based and legally compliant digital asset exchanges with a decent amount of volume and a long track record of operations. With this update, if you head to the Exchanges screen you’ll see that we now have data only support for Bittrex. This means that you can view real-time price charts, depth charts, arbitrage analysis, and more for all Bittrex markets. Portfolio tracking, trading, and transferring features are coming in a future release.
Try Coygo for free!
Coygo has been in a free beta for over a year now as we have improved our product with the feedback of our users. We will soon be transitioning to a full release with a paid subscription, so if you’d like to try Coygo for free now is the time! You can sign up at www.coygo.app. We will also be offering a free trial period upon purchasing a subscription if you don’t get a chance to try it during the beta.
Follow us here on Medium or on the social media networks below to stay up to date!