Shrimpy.io is a next-generation digital asset management platform that allows you to connect and use all of your crypto accounts under one central system. The benefit of using Shrimpy is that it allows you to execute trades and monitor cryptocurrencies at all times without having to log into exchanges individually. Moreover, users new to trading can participate in social trading to copy the moves of more experienced market participants — and profit.
Shirmpy.io is a next-generation trading platform that makes the process of managing your crypto simple. You no longer have to log into each exchange to monitor your holdings or perform a transaction. Using Shrimpy.io, you can link to all of the exchanges on one platform.
The company supports a grand total of 16 cryptocurrency exchanges, some of which include KuCoin, Binance, Coinbase, Bittrex, Kraken, Gemini and BitMart. All of these give you access to your entire holdings of cryptocurrency and make crypto trading easier.
You can set up demo accounts to see how all of the features work. The demo accounts let you place stop losses, rebalance, connect with other traders, follow your history and backtest. All of these tools show the benefits you receive when using Shrimpy.io to integrate your cryptocurrency holdings.
The backtesting feature allows you to see the results of using these features over select periods. You choose the time frame and percentages to see how the platform can improve your profitability. All of this is available at no cost, and you click on the demo link to see what is available.
Shrimpy.io uses a help section on its website to answer your general questions. Its YouTube, Discord and Reddit community support are other avenues for addressing these issues. If you need to contact them, you can reach out to the company through email or Twitter. You will hear back within 24 hours.
The only drawback is customer support is not available over the phone. You must be patient in resolving some issues, with customer support requiring more time to respond.
Shrimpy.io gives you different pricing plans. The Starter is $19 per month for spot trading, connects to 5 exchanges, automating 3 accounts and uses a 15-minute refresh.
The professional plan is $79 per month for 5-minute refresh options, connecting to 10 exchanges, automates 5 accounts and free optimization with rebalancing. Futures trading is coming soon to this plan.
The enterprise plan is $299 per month for 1-minute balance refreshing, 10 account automation, connecting to 25 exchanges, priority support and a server.
These plans are reasonable and give you lots of options. The only drawback is those who want additional features and access, such as linking to more than 25 exchanges.
Shrimpy makes life easier by linking your crypto accounts to different exchanges all while combining it with social trading. The platform helps with improving your trading efficacy as well as keeping track of what is happening with your accounts. You can copy what the best traders are doing through the social trading tool. No other platform is comprehensive or gives you all the tools and features to make crypto trading simple.
The website is easy to navigate and user-friendly. You can register an account by clicking on one button and filling out the information. A blog and academy help you to learn everything you need to know and improve your blockchain education and crypto trading. These tools and beginner-friendly layout make Shrimpy simple to use.
Novice Crypto Investors
Shrimpy.io vs. Competitors
Shrimpy provides unique benefits that help the company to stand out among competitors. The platform makes crypto trading easy and improves your effectiveness as a trader through automation.
The major drawback Shrimpy faces against competitors are in the pricing. Competitors offer lower prices and free accounts to start. Shrimpy’s plans do not give you a free option and you pay more. The difference is you have better tools and learning resources to improve your skills. Competitors can link your accounts and exchanges, but you’re all alone to figure out how everything works.
Shrimpy is an excellent platform for crypto trading. You receive unique tools that make everything easy. The site is simple to navigate and you can find most answers to your questions in the blog, academy and FAQ sections.
The challenges are with a few customer support options; you cannot use a free plan when starting and pay more for Shrimpy. However, you get fantastic tools and connections that improve your trading skills. You receive more from Shrimpy and can become better at trading to increase your profitability.
Shrimpy gives you numerous tutorials to help you navigate the site and become better at using all the features.
Frequently Asked Questions
Is Shrimpy trustworthy?
Shrimpy uses encryption and application programming interface (API) keys to validate and protect all your information. The company offers 2-factor authentication procedures to access your account.
Are trading bots legal?
Yes. Bots are legal for cryptocurrency trading.
Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security. To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page.
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