Summary
User Management/Design: Custom code
Company transparency: Transparent
Site security: SSL
Deposit options: PayPal & CoinPayments
Affiliate: N/A
Withdrawal: 0.03 USD
Investment: $19.69 USD per TH/s for 1-year
Profit: 144% on Yearly Basis
User Review
( votes)Status: LEGIT
(classified as trading bot)
pros
- Easy to use
- Supports multiple exchanges
- 10k+ user strategies available to copy
- Has an innovative social trading program
- Offers a free plan ($0/mo)
cons
- There is room for improvement in its back-testing feature
Company
Shrimpy.io is based in San Francisco, United States. Its founding date is 28th January 2018. The company behind Shrimpy.io is known as Benthos Labs Inc. Michael McCarty and Matthew Wesly are the founders of Shrimpy.io.
The Shrimpy founders’ aim behind launching Shrimpy.is is that they wanted to offer a safe crypto trading automation tool to the crypto community. Shrimpy leverages portfolio rebalancing and custom index fund creation to offer long term investment strategies.
As of now, a Shrimpy user can use the automated tool across 16 leading crypto exchanges. These platforms are Binance, Binance US, Kraken, Huobi Global, KuCoin, Bittrex, Bittrex International, Gemini, Bibox, BitMart, HitBTC, OKEx, Bitstamp, Bitfinex, Poloniex, and Coinbase Pro.
Product
Shrimpy.io is an automatic crypto-trading tool. A user can connect to exchange through API keys. Once there, they can set permissions that they want Shrimpy to have access to. Shrimpy also offers a world-class crypto-trading API, exchange account management along with real-time data collection.
Any user can copy the trading strategies of their peer traders on Shrimpy. It also benefits the traders as Shrimpy pays $4 per month on every user that copies the trading strategies of the trader. Hence, a trader who is ready to share their crypto trading strategies can make up to $4 per month on every user that copies their strategy.
A user who signs up plans of Shrimpy is able to access features such as asset allocation, rebalancing, and backtest. These are the core features of Shrimpy’s automated crypto trading tool. Shrimpy charges $13 per month for its yearly plan, $16 per month for the half-yearly plan, and $19 per month for a monthly plan.
Conclusion
Shrimpy is one of the genuine automated crypto trading tools out there. The information about the team behind Shrimpy.io is also available in the public domain. It is one of the top companies based in the US offering automatic crypto trading tools currently. Yet, we suggest that you try out Shrimpy’s free plan to check if it is as per your liking. Beginners may struggle initially with Shrimpy. We rate Shrimpy.io 3.3 out of 5.0.
