
Zignaly
Zignaly is an open trading platform for cryptocurrencies. It provides tools and resources that allow traders to analyze price, place and manage orders, completely autonomously.
Date | Investors | Amount | Round |
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- | investor investor investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $50.0m | Early VC | |
Total Funding | 000k |
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Zignaly operates in the rapidly expanding cryptocurrency market, providing a unique platform that leverages the power of social investing to simplify the process of cryptocurrency trading. The company's primary offering is a crypto copy trading tool, used by approximately 100,000 investors. This tool allows users to replicate the strategies of successful traders, thereby reducing the barriers to entry for those new to the crypto market.
The company's proprietary Z-Score AI algorithm identifies top traders based on factors such as profitability, risk, and consistency. Only traders with proven track records are listed on Zignaly's platform, ZIGDAO. This vetting process ensures that investors are following the strategies of genuine experts.
Zignaly's business model is based on a profit-sharing system. When a user copies a successful trade, they keep over 70% of the profits, with the remainder going to the platform. This model incentivizes both the platform and its users to strive for successful trades. Importantly, users only pay trading fees when profits are made from closed positions, and there are no monthly fees.
The company has been operational since 2018 and has partnered with Binance for asset custody, providing an additional layer of security for its users' funds. Zignaly's unique approach to copy trading, which it refers to as "smart investing," has positioned it as a key player in the crypto trading ecosystem.
Keywords: Cryptocurrency, Social Investing, Copy Trading, Z-Score AI Algorithm, Profit-Sharing, Expert Traders, ZIGDAO, Binance, Smart Investing, Crypto Trading Ecosystem.