We are pleased to announce our next AMA on April 14th 2021 at 09:30 AM UTC Time: Satoshi Club x Zignaly
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Zignaly Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Zignaly Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Zignaly
For more details:
Zignaly Website – zignaly.com
Zignaly Telegram – @ZignalyHQ
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Questions for Satoshi Club x Zignaly AMA Session:
1. How safe is Zignaly Exchange? Can Zignaly Teams guarantee the safety of the user’s fund?
2. What are the benefits for $ZIG HODLers? Or is it better to trade $ZIG?
3. Does $ZIG will be burned periodically like $BNB?
Thanks.
While looking for information about your project I read that Zignaly is not a copy-trading platform but a profit-sharing platform instead, which is a new term you came up with for Zignaly. Can you tell us more about this new concept? How does it work and what does this new system offer to your users that a copy-tranding platform won’t be able to do?
Zignaly offers three features to it’s users; Copy Trading, Profits Sharing and Trading Bot, could you tell us more about this features? How do they exactly work and what advantages do they give to the users? Also, to what target audience is each one of this options designed for?
While looking for about Zignaly’s token I read that the main use case of your token $ZIG is on the NFT-based insurance protocol, which is something that I haven’t heard before, can you please tell us more about it? What is and how does this insurance protocol exactly work, and why is it NFT-based? What are the advantages of having an insurance protocol like this? Also, why is this the main use case of it and what are the other use cases of $ZIG?
There are many platforms that offer paid expert trading signals. But even within this, the execution must be performed by someone who essentially knows what he is doing. One of Zignaly’s goals is to become truly dynamic in terms of having greater control over the level of risk a user is exposed to. What tools will you apply to achieve a secure protocol? Will they insert non-fungible tokens into their chains? Do you implement any kind of qualification procedure for expert traders on the platform?
Currently in trading there are too many risks for me to be able to trust a trading expert to manage my assets. Will Zignaly launch a new way of looking at risk in cryptocurrency trading and investing?
In your book discussion it was noted that Zignaly’s service offerings cater to investors of all risk levels. What practices are adopted for risk management? Does the Zignaly ecosystem set any precedent for risk investing users?
They note in their white paper that Zignaly’s service offerings cater to investors of all risk levels. Do you implement any kind of qualification procedure for expert traders on the platform? Do they have control at all levels of the market?
Zignaly is paving the way to become the social cryptocurrency trading and investment platform that people can trust. Like the other services, is Profit Sharing also available on Zignaly?
Both profits and losses are made with the funds of all participants, including the expert trader. Can the wealth manager in copy trading withdraw the user’s funds?
With a mission of financial freedom for all its users, Zignaly wants to remove the barrier to entry for all holders who wish to enter the world of cryptocurrency trading and investing. Zignaly aims to bring wealth management closer to the everyday investor in an autonomous, efficient way. Does the profit sharing module allow a skilled trader to directly invest an investor’s funds? Under what characteristics will Zignaly meet these objectives?
It is an undeniable truth that an investor has to conduct their own due diligence investigation before deciding to invest. Zignaly wants to remove the barrier to entry for all holders who wish to enter the world of cryptocurrency trading and investing. What are the service offerings that Zignaly offers as a platform?
A change is taking place with blockchain in products that try to make user interfaces significantly more optimized. Does Zignaly also join this innovative technology? Can you explain what procedure Social Trading performs and how it enables individual investors to copy trading strategies?
I understand Zignaly is a project which main product about social investment. when it comes to investment, it is included about user’s valuable assets. So could you guarantee security from user’s asset? Is it safe to do investment with Zignaly?
I see that Zignaly have native token $ZIG, so as an investment project could you explain why we should hold and do long term investment with Zignaly? What is the benefit that user will get?
1. Hi there 🙂
I like the design of your site, nice work! What I want to ask here – navigating on it, my attention came to a segment about “Use signals to trade automatically”. As I understood, this crypto trading bot is designed to trade automatically even while you sleep. Can we know which are the possibilities and the limits of this bot? What are the maximum features we can set to it? For that, is there a premium package or we can use it freely? Btw, is there guidance on how to set the most appropriate signals related to everyone’s personal trade strategy?
I noticed that the Zignaly trading platform has Trading Bot, Copy Trading, Profit Sharing. Can you explain what this features? What is the difference between Copy trading and the profit Sharing features? How can i make use of these options? What are the advantages and risk level of these trading options?
You said Zigcoin is the First-ever NFT based insurance protocol. The concept “NFT based insurance protocol” is very new. Can you explain what the protocol is all about? Will all traders – both copy traders and expert traders benefit from this? For me as a trader, what are the requirements for me to get my trades insured?
Zignaly perform $ZIG contest for community for Token Launch Giveaway. And it is started TODAY. Could you please tell us requirement needed to this contest? Do I as a new user also has a chance to win?
I find out the information that AscendEX will listing ZIGNALY $ZIG as their exclusive primary listing on Apr 15. Would you please tell us about AscendEX and why Zignaly want to be listed in their platform?
You mentioned that ZIGNALY will change the way crypto investments work. Can you explain about it? Do you have unique feature or framework for investment at ZIGNALY?
On your twitter, you mentioned about Profit-Sharing ZIGNALY and USERS. And its reached 1M so far, wondeful! Could you please tell us the big line of this profit sharing scheme for user? what about new user?
In your roadmap, You talked about adding the option for NFT Gamification Integration. Does that mean NFT will be tradable on zignaly in the future? Zignaly insurance protocol is based on NFT and presently, the NFT are created by zignaly. Will the NFT gamification Integration allow the creation and trading of NFT for insurance by the community? What will be the benefits of the NFT Gamification Integration?
Currently in the trade there are many risks as for me to be able to trust a
trade expert to manage my assets. What
tools will apply to achieve a secure protocol? Will they insert tokens not
expendable? Do you implement any kind of qualification procedure for traders?
experts on the platform?
There are many platforms that offer paid expert trading signals. But even
within this, the execution must be performed by someone who essentially knows what is
doing. One of Zignaly’s goals is to become truly dynamic in terms of
to have greater control over the level of risk to which a user is exposed. Will Zignaly launch a new way of looking at the
risk in trading and investing cryptocurrencies?
In his book exposition it was noted that Zignaly’s service offerings cater to
investors of all risk levels. Do you implement any kind of qualification procedure for the
expert traders on the platform? Do they have control at all levels of the market?
On the 31st March, you announced a $3 million private-sale backed by some companies to Launch NFT-Based Insurance Protocol Powered Through Their Native Utility Token Zigcoin. Have you concluded the private sale round? Are you planning on a public sale round? When will it start and on which platform?
Going around your website brought me to the trading bot section and you duly specified that it is only for advanced users, please what are the benefits and disadvantages of using the trading bot. Also does it give you signal or there is a specific way it is created.
Yesterday, you announced that $ZIG will be listed on AscendEX. You also said you would be launching a ZIG pre-staking program. For how long will the staking program run? And how much will be the reward?
I read about your profit sharing techniques and what stills baffles me is the aspect of who drops the capital because basically it seems that the profit are divided between an investor and the trader. I will like to know if anyone can take part in the profit sharing techniques and are there any backlash when loss occurs.
Reading of it and finding out your project have been since 2018, what are the main problems you have solved in the crypto world, that is still making you standout amidst competitors. How do you plan to also improve the crypto community or the blockchain space in months to come.
Going through your platform and studying everything makes me understand that you recruits traders to your platform, then people can come to your platform to select any of those recruited traders to help them trade their account (if i am not mistaken). We all know that trading is risky and requires high understanding, i will like to know the method you use when recruiting traders to your platform and who carries the loss when a bad trade occur.
I tried searching on your tokenomics and it wasn’t available. What are the utilities of the token in your platform and how does your platform helps increase your liquidity and token value.
Copy trading is something that i have not heard before and kind of new to me, i will like to get an explanation on what copy trading entails and why you decided to use this new strategy in your platform.
Considering we are using Binance, in order for Zignaly to access our cex account and trade with it, API keys are required. Can everyone create API keys for their account? And just for being on the safe side, is it possible to create an API key just for trade permissions without transfer or other permissions?
Copy trading is a very good but risky thing especially if you follow an expert. How can you prevent that section from getting over crowded with different traders with little trade experience? Is there a way you help traders in minimizing there risks by checking the actions of the copied trader and their signals?
Zignaly has a crypto trading bot that allows the users to connect their preferred signals providers and trade automatically, it says on your website that all coins are allowed but isn’t there a limit of the pairs that can be putted in auto-mode? Is this feature thoughted only for advanced users?
Your Zignaly Exchange is currently part of the Binance Broker Program, it means that it’s covered by their security layer and protected by their SAFU fund, is this your only defense mechanism? What other steps has Zignaly taken regarding safety?
In the section of “how much profit can I make” on your website, you say that you can’t assure any profit, everything depends on the user’s choices and the market conditions, so you don’t have any feature that encourages a safe and reliable trading? at least a better experience?
you plan to audit NFT integration, ERC20 token generation is fairly standard and source code is public. Are you also planning to audit it externally?
DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us? Do you think DeFi will destroy the existing financial system?
What is your project Approach towards DeFi?
REGARDING THE SUCCESS FEE, WHEN A USER IS INSIDE A POSITION, BUT IT RESULTS IN A LOSS, DOES HE/SHE STILL HAVE TO PAY THE SUCCESS FEE OR DOES IT ONLY APPLY TO THE PROFITS OBTAINED?
THANK YOU VERY MUCH SIR.
EXCLUDING THE EXCHANGES WHERE ZIGNALY IS PRESENT, WHAT IS THE LEVEL OF SECURITY THAT ZIGNALY AS A SOCIAL CRYPTOCURRENCY INVESTMENT PLATFORM OFFERS TO ITS USERS?
THANK YOU VERY MUCH SIR.
WHAT WAS THE MAIN REASON WHY YOU DECIDED TO CREATE AND FOUND THIS PLATFORM? HOW LONG AGO WAS THIS PLATFORM FOUNDED AND WHAT ARE THE MOST OUTSTANDING ACHIEVEMENTS SO FAR?
THANK YOU VERY MUCH SIR.
Normally in some trading platforms they allow you to copy the strategies of some famous traders, but for a certain% of the profits, will it be like this also in Zignaly? or can we really copy the strategies for free?
You point out that you developed “A new way to invest in crypto “, but really how novel is it, if Zignaly is just an intermediary that facilitates trade? Could it be that to achieve that” ease “they use tools never used before?
You mention that any loss will be counted to avoid paying the success fees until the profit is above the high watermark level again, does that mean I will never lose a single $ 1 Zignaly?
Is it really required to complete KYC registrations on Binance or the other platforms on which you will trade with Zignaly? If so, will it be available to everyone?
You point out that Zignaly has “a high watermark as a fair win-win model”, but could you talk to us in more detail? is it really so easy that everyone can win?
I understand that Zignaly only works with Binance Brocker, but then users who live in countries not allowed in binance will not be able to enjoy Zignaly? or will they really implement another way for them to participate?
You point out that you improved all processes through a performance-based model, but how important is performance in trading operations really? do they help you make better decisions or just avoid big losses?
I understand that Zignaly has great strategies developed by the best traders, but if I really want to trade with personal strategies, will Zignaly really make my job easier? or is it dedicated to those who need strategies from others?
I understand that the capital will always remain in the platform of Binance right? If so, then we understand that it is completely safe when using the 2FA of that platform, but does Zignaly really add any other security system? or is Binance enough?
Could you explain a little more about the programming and configuration of strategies and bot to operate both automatically and semi-automatically? could it really be configured by anyone?
You recommend that we invest in high performance traders under the profit sharing model, but will Zignaly really not only provide strategies for traders? Or will they also provide high-yield farms?
I understand that you will not pay monthly fees, but a small $ of the earnings, but could you really tell us what that% is? Will it be fixed, or could it increase depending on our profits and losses in operations?
Does Zignaly use cross-exchange arbitration?
What do you see social function Zignaly?
I like your platform and the fact that it is the only platform that gives me the opportunity to trade from several exchanges for free, to use signals for trading. But with the launch of your token, I am afraid that you will move to a paid use option like the Kryll project. Tell me if you have plans to make the platform paid and will there be a free option?
is Zignaly planning a premium subscription and how will it differ from free?
For the copy trading option, how do you decide which traders will be listed on the Zignaly system? Can community vote for adding a trader into the trader list? Also how efficient is this system for users? How can share some results about users who used copy trading and how much gain did they earn this year?
There was an article named Security of Zignaly and it was saying; we aren’t custodians of your capital the deposit goes directly to Binance, and it is under Binance security. So if something happens to our capital is it still under Binance SAFU protection? What if something happens on Zignaly side? What are the possibilities of loosing our capital with Zignaly trading bots?
There are Free and Paid signal providers and copy traders integrated with Zignaly. Some of them require an extra cost that you may pay directly to them externally (like Mining Hamster) or internally (like Trend Surfers). Can you tell us how we can access Free Signal? What are the difference between Free from Paid Signal? Can anyone eligible to copy the Free Signal? Can you tell us also how we can access Mining Hamster and Trend Suffers? How reliable are they? How much do they cost? Thank you
Zignaly has an insurance but can you elaborate more about this insurance? How will this insurance become essential be to traders of Zignaly? What are the limits and capacity of this insurance being offered by your platform? Thank you
“Trading Bot, Trade Copy and Profit Share are the three features of Zignaly, can you please give us a review of those features? And how they benefit?
I look at the roadmap Zignaly has been on the market for the past few years. Can you summarize a little about your stats so far? In your platform How many users have joined? And how many traders have registered so far.
How secure are our funds in it, and the calculated criteria to qualify a Trader as good enough to provide signals or copytrading services. Can you detail both points clearly for us?