Zignaly, a cryptocurrency automated investment and trading platform, has now been listed in AscendEX (formerly known as BitMax), a global cryptocurrency exchange platform as announced via a blog post. In addition to the listing, AscendEX also launched a pre-staking program for the ZIG token, lasting for two months with an estimated 150% APR.
AscendEX Lists Zignaly ($ZIG)
Zignaly is now listed on AscendEX with the ZIG/USDT trading pair. Users can now begin depositing and withdrawing their assets, as well as start trading ZIG.
Zignaly is a social investment platform that aims to make it easy for users to participate in cryptocurrency trading activities with tools that can help minimize risks and maximize gains. Some of the features offered by the protocol are crypto trading bots, copy trading functions, and profit-sharing models.
Anyone can use the platform in order to make passive income from their assets without having to conduct their trades by themselves each and every time.
Zignaly’s Product Offerings
Zignaly’s crypto trading bots allow for an automated execution of trading strategies based on the signals set by the user. It has customizable functions on different trading parameters, such as buy and sell signals, rules on closing positions, multi-targets from various signals, and trailing stop loss, among others.
There is also a copy trading function on the platform where anyone is given the opportunity to duplicate the strategy of any particular trader which will be executed similarly in proportion to the amount of assets they have. The user only has to select a trader they want to copy and set a maximum amount of funds that they want to place in their copy trading portfolio.
As of March 2021, Zignaly already had a total of 4.5 million created positions with $71 million in linked balances and a total trading volume of more than $1.3 billion.
To ensure the safety and security of the funds of its users, Zignaly implements a data encryption model reinforced by 2FA systems. These funds are also insured by Zignaly through the help of the Binance Broker program and its Secure Asset Fund for Users (SAFU).
How can I use Zignaly?
The platform is free to use. It is also non-custodial, hence, the funds are stored by the exchanges linked with Zignaly. There are also no trading fees on Zignaly, except those that are charged by the exchanges.
In the platform, there are also free and paid signal providers that users can access for their trades. These can be easily linked with a user’s account to help manage their portfolio.