Shrimpy

4
Shrimpy allows investors and traders to manage their entire balance across several crypto exchanges using only one trading platform.
Parent company:
Benthos Labs Inc.
Type:
Social Crypto Trading
Release Year:
2018
Price:
$15-299/month
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Summary

Overview

Established back in 2018, Shrimpy is one of the most powerful crypto trading bots available online. The company largely focuses on automated trading portfolio management, social trading as well as on long-term portfolio growth. The team behind the company has made sure to create a platform that makes everything easier for crypto traders.

Shrimpy allows investors and traders to manage their entire balance across several crypto exchanges using only one trading platform. This is an amazing opportunity for crypto traders as they do not have to log in separately to each of the crypto exchanges to perform trading activities.

Today, we have decided to review the Shrimpy trading bot and see what it has to offer traders. So, if you want to know what Shrimpy is all about, follow our detailed review as we discover everything that there is to know about the Shrimpy trading bot.

Pros
  • Shrimpy gives traders the ability to manage all of their trading accounts on different crypto exchanges from one place
  • Shrimpy has partnered with numerous crypto exchanges in the market which opens up a lot of opportunities for crypto traders
  • It is one of the simplest ways to manage your entire trading portfolio and is a great option for beginner as well as experienced crypto traders
  • The platform also acts as a social trading opportunity as it connects crypto traders to each other giving them the ability to exchange ideas
  • By using Shrimpy, you have the opportunity to earn commissions for each social traders that follow you
Cons
  • Although very popular, Shrimpy still does not has as much web exposure as other crypto trading bots in the market
  • Although a very popular trading solution, it does not provide traders with trading signals unlike other popular crypto bots
  • Shrimpy does not offer traders a mobile app which is considered a disadvantage in today's crypto trading market

Full review

Shrimpy Company Overview

Shrimpy is quite a reputable crypto trading bot that makes it easier for traders to buy and sell cryptocurrencies. But, there is much more offered by the company than simply trading opportunities.

The team behind Shrimpy has worked very hard to create a place where people can not only trade cryptocurrencies, but can also come together to discuss different types of things about the market, exchange ideas, and share their views on certain aspects of the market. Shrimpy was established in 2018, in just a few years, it has managed to become very popular in the crypto world.

This is a web-based application and can only be accessed through the official website. All you need to do to use the bot is to sign up on the official website of the platform, connect it to any of your exchanges using a special API key that you can get from your crypto exchange, and that’s it.

Shrimpy was established by a company called Benthos Labs, Inc. The team behind Shrimpy has proved over the past few years that they are very heavily focused on the safety and security of their clients.

Cryptos & Trading Platform

Shrimpy offers its clients access to numerous cryptocurrencies, which makes it a perfect trading platform for those who want to diversify their trading portfolios. The company has partnered with leading crypto exchanges in the market, which makes it a perfect fit for traders of different backgrounds.

Among the available cryptocurrencies at Shrimpy you can find those like Bitcoin, Ethereum, and many, many others. The trading process at this bot is very simple. The platform is available only through the website of the broker, there is no downloadable version available and the company has not created an app for mobile phones either.

That said, it still manages to be very easy to use and customer-friendly. Because of this, there are thousands of clients who are using the services of Shrimpy every single day. Although there are many people who use it as a trading robot, there is much more than this platform has to offer.

Shrimpy is an all-in-one platform, which offers you much more than simply automated trading. This platform gives you the ability to control several accounts with different exchanges from one place, which is a great offering for those who are using several different crypto exchanges.

In addition to this, Shrimpy can also be used as a social platform and it can be used to connect with traders all over the world. This makes it a very useful platform for those who are just getting started in the market, as they can connect with others and exchange knowledge.

Shrimpy Crypto Bot Overview

To be able to use Shrimpy for trading, you will be required to use an API key that you can get from your exchange. After getting this API key, you can go to the website of Shrimpy, go to your account, find Link a New Exchange, and copy the API key there. After doing so, your trading account will be securely connected to Shrimpy.

From there, you can do anything you want to. Automate the trading process, connect with other traders in the market and see how they are trading, exchange ideas about the market, test out different types of crypto trading strategies and see how they work in different types of market conditions, and so on.

The trading bot of Shrimpy comes in a very simple and clean design and a very easy-to-use interface. This sets Shrimpy apart from other trading bots in the market, some of which tend to be a bit complicated to use. There are numerous services that Shrimpy offers to traders, which include backtesting capabilities, social aspects, as well as portfolio management. All of these are things that make Shrimpy stand out from the rest of the trading bots available in the market.

Is Shrimpy Worth It?

Shrimpy comes in three different account options. There is a free version available for traders who are looking for ways to join the market, then there are Starter and Professional account options, as well as an Enterprise account option for the most experienced traders.

The free version is called Holder and offers you portfolio tracking which gives you the ability to connect unlimited exchanges to your account. This way, you can manage multiple portfolios and also monitor performance.

The Starter option gives you the ability to connect with 5 exchanges, automate 3 portfolios per exchange account, offer you a 15-minute balance refresh and spot trading. It costs only $19 per month.

The second option is the Professional one and is the most popular option. It costs $79 per month and offers you futures trading, a 5-minute balance refresh, the ability to connect with 10 exchange accounts, and free optimization with maker rebalancing. The most pricy option is

Enterprise, which offers a 1-minute balance refresh, dedicated server cluster, it also connects with as many as 25 exchange accounts and can automate 10 portfolios per exchange account. In addition to all of these, Enterprise clients also get priority support.

Although the services might sound a little pricey, they are very much worth it. Although there are many other crypto auto trading bots available in the market that cost much less, none of them offer as many services as Shrimpy does, which makes this trading bot stand out from the others.

Final Remarks on Shrimpy Bot

Shrimpy is one of the most popular crypto trading bots available in the market which has something for everyone. Shrimpy is more than just a simple trading bot, it also acts as a portfolio management solution and social platform for crypto traders all around the world.

It can be used for trading automation with numerous crypto exchanges in the market. Shrimpy also gives you the ability to control your accounts on numerous exchanges from one place, which makes it a great option for traders.

In addition to all these, Shrimpy can also be used by crypto traders to connect with one another, exchange ideas about the crypto trading market, and learn more about the crypto trading strategies used by others in the market. All of these make Shrimpy a great option for crypto traders and it is much more than a simple trading bot.

Frequently Asked Questions on Shrimpy

Is Shrimpy legit?

Yes, Shrimpy is a legit crypto trading bot that is very popular in the market. Established in 2018, it has managed to become very popular around the world. It is used by millions of people every day and is very helpful for automated trading.

The team behind the company works very hard to make sure that the safety and security of the clients of the company are guaranteed.

What is Shrimpy API?

Shrimpy offers Universal Crypto Exchange APIs that are the only unified APIs for crypto exchanges that are specifically created for application developers. This lets developers the ability to select different types of data for free and lets them simplify the way people connect to each of the available exchanges in the market.

APIs are very important in the cryptocurrency market as it allows users to interface with crypto exchanges, execute trades, receive data, and so on.

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