Coygo Update 5 24 2019 Transfer Experience Improvements
Coygo Update 5/24/2019 — The easiest way to transfer coins between crypto exchanges
Crypto traders, it’s time for another update for Coygo, the single best and most secure multi-exchange trading terminal and portfolio tracking software. This update makes improvements to the experience of transferring assets between wallets at different exchanges, a feature that is often completely overlooked by our competitors. Manually copy/pasting wallet addresses and double-checking that your transfer is correct before submitting it can be intimidating, we’re here to help!
If this is your first time hearing about Coygo, we provide a secure multi-exchange cryptocurrency trading terminal. Coygo is a downloadable desktop application for Windows, Mac and Linux that allows traders to connect all of their exchange accounts to have a single, secure interface to track account balances, submit trades, execute transfers between accounts, and lots more. Unlike most other solutions, your API credentials are **only **stored securely on your machine, we never have access to your funds or accounts. All trades and transfers are submitted directly from your machine, our servers never touch your accounts or account credentials.
If you live in the U.S. and you would like to help us shape the future of Coygo, we welcome you to sign up for our beta at www.coygo.app, which is currently free of charge.
Display wallet address information before transferring
We’ve always supported transferring between wallets at different exchanges, but in the past we didn’t show which address the transfer would be sent to, requiring our users to trust that the application had chosen the correct address. We now display the destination wallet address before you submit the transfer so that you can be confident in knowing that it’s going to the right wallet.
Wallet address displayed before submitting a transfer between exchanges
Apart from displaying the wallet address, some exchanges or assets require more information for a transfer. For example, when transferring Monero (XMR) to Binance you must also include a wallet tag. Or when transferring Bitcoin (BTC) from Coinbase Pro to Coinbase, you must also include an account ID. In these scenarios that relevant information will also be shown before the transfer.
Display relevant wallet balances when transferring
You may have noticed in the screenshot above that when transferring LTC from Binance to Poloniex, the user’s LTC wallet balances on both exchanges is also shown below. This is another new addition in this update to help improve the transferring experience. If you want to transfer all of your funds you can easily copy/paste your total amount into the transfer amount input, or if you just want to know how much LTC you will have left after the transfer this information helps keep our users as informed as possible when submitting a transfer. In this scenario, we are transferring LTC between Binance and Poloniex and we can see that there is 0.399 LTC available in the user’s Binance LTC wallet.
Relevant wallet balances on each exchange displayed when transferring
Estimate USD value being transferred
Traders often find it easier to think of their holdings in respect to USD. To make it easier to quickly understand how much you’re transferring, we now include an estimate of the total USD the transfer amount is worth using public market data, displayed alongside the “Select amount” text. This is an estimate and not guaranteed to be accurate to the penny but should provide a good idea of how much you’re transferring.
Estimated USD value being transferred
Display error response from the exchange when a transfer fails
Sometimes things fail on exchanges. Maybe your transfer wasn’t above the required minimum, maybe your API key doesn’t have withdraw permissions, maybe something else went wrong. In an effort to be as transparent as possible we now show the exact error response from the exchange when a transfer fails. In this scenario, the API key didn’t have proper withdraw permissions.
Error message given by the exchange when a transfer fails
Thanks for staying in touch!
Thanks for keeping up with Coygo’s development! We will continue to share our progress as we gather feedback from our users and improve the application to provide the absolute best experience for digital assets traders with accounts on multiple exchanges.
As usual, we welcome you to sign up to participate in our free beta at www.coygo.app if you live in the United States. Your feedback is very valuable to us!
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