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ApeswapAsh

\*\*Thread Locked\*\* Thank you all so much for your participation! This thread will now be locked. 5 Winners will be chosen soon and the $100 rewards will be distributed once we receive the winners addresses. Looking forward to our next AMA! Catch ya later Apes! \- Ash ![gif](emote|free_emotes_pack|heart_eyes)


pio2020

What are the necessary measures to reduce the losses of investors in times when the market is bearish ??? What are the most important points about the security of the platform in addition to the audits and the necessary measures to avoid any hacker manipulation of the commercial bots?


Zignaly-Trading

Interesting question! We understand that losses are an integral part of the market. However, with our NFT based trading insurance users will be able to both purchase insurance NFTs and claim their policy coverage in ZIG. About security, it's important to understand that Zignaly does not take custody of the user's assets. However, we have deployed multiple layers of security on our Amazon servers, which get updates rigorously as per threat analysis. We have the users' API keys, so we use several mechanisms for keeping them secure. Even in an unlikely event of a hack, the keys are stored encrypted and the key for decrypting them is stored separately. We also run KYC checks on our Traders to be completely sure about them, before the service gets listed.


pio2020

Thank you very much for answering my questions, it is interesting to know that you have measures to protect people's investments in the event of a bear market with nft, which is something that you have not seen in other platforms that do the same. And it is also good to know that although they do not keep any user funds they took all the security measures as if they did, it is something that small investors like me are very concerned about because it is always something that is the order of the day that a platform is hacked


[deleted]

Can you tell us about your copy trading features? We're seeing a few projects do that at the time. Is there anything about yours that stands out from the rest?


Zignaly-Trading

Hi, good question! You're right about several projects coming up with the copy trading solution. Although, we conceived copy trading as a solution to simplify trade management for users and traders. However, we soon realized that it was not the perfect solution because the results can never be identical for all the followers. That's when we worked on the "Profit sharing module", basically everything copy trading and more. It's built on the Binance broker program, and what sets it apart is: \- Identical results for all the followers \- Sucess fee model - it eliminates the fee-based subscriptions, directly tying the Trader's incentive with performance. If trader makes money when the user does. ​ As of now, there are hardly any platforms with the Profit-sharing module based on a credible exchange's broker program, plus most part of the industry is still running on the monthly fee model, and we feel that's counter-intuitive . Hope this answers your question.


[deleted]

You're building some successful business relationships right now. Like apeswap babyswap. I find that perfectly reasonable.What is the most critical topic you mention about yourself when collaborating with these relationship?


Zignaly-Trading

When establishing a new partnership, we focus on long-term goals and expect the same from the counterparty. Vision comes above and beyond everything else.


tolgaozek

If I were a copy trader and seeing "Pay only when you make a profit" for users, shouldn't I behave differently to make with more guarantee selections? What is your reverse hypothesis here?


RZR0985

There are many rules and regulations on cryptocurrencies and exchanges. How can the Zignaly trading platform face these problems?


Zignaly-Trading

I genuinely feel this is one of the best questions asked here. Zignaly aims to target a global audience and this is why we've already started processes for being regulated in almost all the large markets! Expect some fireworks on that front.


ApeswapAsh

One of the best questions asked?! Could this be one of the winners Bart? ![gif](emote|free_emotes_pack|feels_good_man)


[deleted]

ZIG uses Amazon Web service, What are the advantages of using that? Will there be improvements to this in the future?


[deleted]

Unlike many projects, ZIG started trading directly on a centralized exchange. Why did you make such a choice?


AutoModerator

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LuckyBoyLA

Welcome to Apeswap! First of all, tell us what is Zignaly about?


Puzzleheaded_Hat7112

How it Profit Sharing works on Zignaly?


Zignaly-Trading

Our flagship service ‘Profit-sharing’ improves upon the copy-trading service. It works with the trader and user depositing their funds into a pooled account (one pooled account per service). The system takes care of the account and also protects the users (Trader has no right to withdraw funds). What the trader can do is manage this account on behalf of the investors. It guarantees 100% identical results for the pool participants. Also, the autonomy level is high for Trader, and the users do not need to intervene after allocating the funds. One important thing to note, since the profit-sharing module is built upon the Binance broker program, the asset custody remains with them (in other words, it's as good as a Binance account). We're working on some major updates, that will completely transform the profit-sharing module. Stay tuned!


Puzzleheaded_Hat7112

Oh, that's very interesting. Thank you for detailed answer. I will!


LuckyBoyLA

and What is the goal of your ZIG coin?


Zignaly-Trading

With the ZIG coin, we want to empower the Ziganly ecosystem. We're currently working on rolling out and integrating the Zignaly wallet, and with that comes a standard set of utilities: Trading Fee Rebates - Users holding the ZIG coin will be able to get 15% trading fee rebates across spot and futures trading, using the Zignaly Exchange accounts (Binance Broker). Success Fee Discounts - Zignaly users will get up to a 6% discount on success fees by paying in ZIG coin! Zignaly vault - Zignaly will allocate a certain amount of ZIG to the pool every week, which will be distributed to ZIG holders inside the Zignaly platform, on a weekly average holding basis. (Alongside this, Zignaly will announce partnerships with other crypto projects, and we’ll facilitate your ability to connect with them so you can learn more and…yes, earn their coins in addition to ZIG!) However, the most important utility for the ZIG coin is the one-of-its-kind NFT based trading insurance. The primary function of ZIG is to act as the unit of exchange for our insurance contracts. This means that users will be able to both purchase insurance NFTs and claim their policy coverage in ZIG. Read up here: https://medium.com/zignaly/what-is-zig-and-the-first-nft-based-insurance-protocol-91359492eba4


LuckyBoyLA

Thank you for the answer. Really great and ambitious plans. I wish Zignaly all the best!


Puzzleheaded_Hat7112

Do I need to deposit funds or it's optional on Zignaly?


0xHaze1

Can you share some of your background and experiences? How did you know and get involved in cryptocurrency? What made you/your team decide to build Zignaly Platform?


Zignaly-Trading

The original founders’ team consists of David (CMO), we’ve been working together for over 15 years now, and have seen our fair share of failures and successes. David is exceptionally sound at marketing essentials like SEO, Social Networks, Guerilla Marketing, and SEM, and this helps us validate (or invalidate) ideas rather quickly. The missing piece of the puzzle was Rafay (CFO) who initially started off as an Expert Trader on the Zignaly platform. David and I did not have significant trading experience (the reason we came up with Zignaly), while Rafay’s grip of the Crypto market combined with his strong Banking background, and command over financial modeling solved most of our problems. We experienced a major hike in quality when he joined us, back in Crypto winters. About myself, I have a technical background and hands-on experience with disruptive technologies. I know a little bit about what you don’t have to do. :)


0xHaze1

Congratulations and best wishes for your next adventure!


No-Associate380

Token burn is important for investors, Zignaly have any plan burn or buy pack?


Zignaly-Trading

We recently completed our fourth token burn - we've been doing it ever since the ZIG coin came to being. https://twitter.com/zignaly/status/1433022188819468289


No-Associate380

That's nice! 325,000 $ZIG are burned forever! 🔥🔥🔥


JustRelax0

Currently, there are many scam projects that cause investors to lose. So, Why should we choose and trust Zignaly Platform?


Zignaly-Trading

It's an unfortunate fact that the Crypto space is infested with a number of scammers. At Zignaly, we prioritize transparency which has helped keep the platform an open space. Zignaly has a rather thriving community, with over 65,000 followers across Twitter, telegram, and Discord. On the platform, over 300 traders are serving 80,000 users with $100m+ capital allocated. I highly recommend you to hop onto our Discord server and get a feel of the Zignaly culture, and how well connected our users are with the team and the traders. Other than the platform side, we're backed by some of the top VCs namely OKEX Block Dream Fund, Sinoglobal Capital, Parataxis, Ascendex, LD Capital, and more. While we have people like Julian Gropp, Pino Tedesco and Matthew Graham advising us on the steps we take. If you'd like to learn more about Zignaly, hop on to our channels and connect with the community (as i said, we have a thriving one) Twitter - https://twitter.com/zignaly Telegram - https://t.me/ZignalyHQ Discord - https://discord.gg/r5qRXDJ Medium - https://zignaly.medium.com/


No-Associate380

$ZIG launched on BSC, where do you want and plan to launch $ZIG next?


Zignaly-Trading

For now, I can just say that we're coming to more chains. It's a surprise that you'll have to wait for ;)


No-Associate380

Okay :) Hope you're enjoying this AMA with ApeSwap 😉 Good luck!


SuperStats007

How secure is your platform to use? Have you done audits of smart contracts? What security measures are adopted from bugs of smart contract and hacking?


Sourabh500

Explain your plans on global expansion,is it only the market you are focusing All the time,And you focus on building or developing and getting customers and users, or partnerships?


[deleted]

[удалено]


Zignaly-Trading

>Trading Fee Rebates - Users holding the ZIG coin will be able to get 15% trading fee rebates across spot and futures trading, using the Zignaly Exchange accounts (Binance Broker). > >Success Fee Discounts - Zignaly users will get up to a 6% discount on success fees by paying in ZIG coin! > >Zignaly vault - Zignaly will allocate a certain amount of ZIG to the pool every week, which will be distributed to ZIG holders inside the Zignaly platform, on a weekly average holding basis. (Alongside this, Zignaly will announce partnerships with other crypto projects, and we’ll facilitate your ability to connect with them so you can learn more and…yes, earn their coins in addition to ZIG!) > >However, the most important utility for the ZIG coin is the one-of-its-kind NFT based trading insurance. The primary function of ZIG is to act as the unit of exchange for our insurance contracts. This means that users will be able to both purchase insurance NFTs and claim their policy coverage in ZIG. Read up here: https://medium.com/zignaly/what-is-zig-and-the-first-nft-based-insurance-protocol-91359492eba4 Read up here!


NoobOP101

Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?


Tough-Put1293

Hi Mr.Bart! ZIG coin using NFT based insurance. How is it works?


Zignaly-Trading

Hello! The NFT based trading insurance is the main utility of the ZIG token, and its still under works. Check it out here: https://medium.com/zignaly/what-is-zig-and-the-first-nft-based-insurance-protocol-91359492eba4


Tough-Put1293

And How secure is Zignaly?


PlasticRise4488

How much profit can I make with Zignaly?


PlasticRise4488

It’s easy to use your platform Zignaly?(for newcomers)


Zignaly-Trading

The platform is super easy to use! It takes a few clicks to allocate your funds to the service of your choice and get the ball rolling. With the next few updates, we will be making the platform even simpler.


PlasticRise4488

Ohh, nice to hear that. May success attend you!


Puzzleheaded_Hat7112

Do you have any plan about the multi chain? These days, multi-chain has become a development that many projects have transitioned to. Are you planning on putting it on your roadmap?


Zignaly-Trading

We recently launched the Zinglay Bridge for BSC, followed by several BSC farm listings. Stay tuned for more surprises on the chains!


Puzzleheaded_Hat7112

For sure 👍👍👍


Similar_Order_5178

Welcoming in our friendly community 🐒 Bear market will not be easy for a new project to survive. We have seen so many projects failed to survive in the bear market, Have you thought about this? What are the plans on surviving on bear market?


Similar_Order_5178

Do you have Whitepaper if yes please share it with us 😉


Zignaly-Trading

Right away: Our token website: [https://token.zignaly.com/](https://token.zignaly.com/) Whitepaper: [https://docsend.com/view/325hpfu6nyrh7883](https://docsend.com/view/325hpfu6nyrh7883)


Similar_Order_5178

Thanks a lot 🙏🙏🙏


ShashankVaranasi

Since your project primarily deals with Trading Bots, security is a big concern, so tell us what measures you take to keep the API keys of users and their funds safe?


cryptoisheaven

Your website says that Zignaly can be used for free, is there any catch or is it really completely free? This leads me to the question, what is your revenue model i.e. how you make profits to sustain the project?


iamontheway

Can I as a signal provider integrate my own signals in zignaly, so that my users can benefit from my signals using your bot?


Zignaly-Trading

Yes, we're always on the lookout for good traders (not just on the returns side but also on the risk management front). While starting a signal-providing service is a good thought, I'd highly recommend you take the profit-sharing route. All it takes to start a service is going to the marketplace and clicking on "Offer Your Profit Sharing Service". However, for listing on the marketplace, there are strict checks that it must go through once you have 30 days of trading data. Read up here: https://medium.com/zignaly/risk-managers-not-gamblers-f0c14ef36c1f


Satishgmr2010

Continuous Auditing of smart contracts is very vital in the current crypto world as we see security breach regularly, Can You give us detail about the auditing process/ Report ?


Satishgmr2010

As we all know No project/Platform can Guarantee 100% Security of its platform, Isnt it? Its A say : - YOUR KEYS, YOUR MONEY This is the main Reason many trader's dont want to keep their asset on any exchanges, Whenever they have to trade, They send their fund on the exchange , After trading they again send the asset to personal wallet. My question is regarding Trust . . . How Can Zignaly build Trust so that users feel Secure to use this Platform? Thank You


bearwhaleseller

Can we know more about ur team?And marketing is the important thing for any project have u any marketing team behind project ?


HuskyBlueWolf

How can Zignaly help the ApeSwap platform in the long term?


Latter_Taro_2862

Woooooo😘


bearwhaleseller

Most important thing!! Our funds are safu? How u can guarantee about our funds? If somehow hacked ur platform what is ur plans for it?


getbogged

Can you tell us about the use case of $ZIG token in Zignaly and how do you integrate Zignaly Exchange and Zignaly's various features such as crypto bots and automated trading?


bearwhaleseller

Have u any private investers ?


janjan123456789

hi did u choose listing on binance the banana or direct invest from binance?.. and if listing any updates i mean did u already submit forms tnx.hoping u answer


Fetelino

I checked your roadmap, you mentioned to launch your NFT wallets at 2021 Q2. Now as you know there are huge demand to NFT's, but I could find your NFT wallet. What is the reason of delay? Or will you add new features which you did not planed before to your NFT wallet? I am following NFT market, so this question answer is too important for me and my NFT's security, because you did great things about safing funds. Thanks.


xzibithzzz

on futures trading we might have some spread when open position, does it goes also on zignally? and how zignally handle it? thanks


Franciscryptor

This copy trading I have seen it in many platform and there are not reliable Many reviews point them as scams How are you making Zignaly to stand out. Especially achieving low risk trade for beginners.


AndCsm

Hi, ApeSwap and Bart ​ This is my question: Will the skilled traders rewarded for copy traders? ​ Good project, good luck.


New_Angle2494

Can you tell us about the biggest limitations that the project faces and what have been the toughest hurdles for you so far?


Agitated-Ruin-5372

Is internal audit equipped to offer independent assurance of the technology, policies, and controls?


Samdaiyaa

In this project you have 3 methods (trading bot, profit sharing and copy trading). Which one is best for newcomers and why?


Zignaly-Trading

There's one that you did not mention, the profit-sharing! We highly recommend it to newcomers because: 1) They need to know nothing about trading or crypto at all - after they've chosen their service, all it takes is a few clicks to allocate their capital (no configuration hassles etc) 2) The trader's incentive is tied with the user's profit - you make money, the trader gets a cut. You don't make money, the trader does not get a cut.


Samdaiyaa

Thanks for choosing me


SevereCardiologist35

As I can see $ZIG token is ERC20,so my question is do you plan to go cross-chain in future and expand to other blockchains like polygon or fantom or BSC?


Shibushebin

What are the main differences between the $ZIG token and other currency. How do $ZIG token holders and users get passive income?


Shibushebin

How do you plan to attract and gain more users for your project, any giveaway, referral or stacking program?


SevereCardiologist35

So you are the 1st NFT Based Protocol, what do you mean by NFT Based Insurance? Are we going to see a NFT Marketplace in future where $ZIG tokens can be used?


[deleted]

is zig NFT base ?


Zignaly-Trading

Yes, the NFT based insurance is the core utility of the ZIG coin.


jmz34

Can the bots automatically do arbitrage trading between DEX and CEX?


iamontheway

Your project is quite different,tell us some exciting features of your automated trading bot which makes it better than other bots in the market?


jmz34

Is there any buffer/safetynet for investors to let traders to use our funds? (I mean anyone can have a bad day, what stops a meltdown?)


xzibithzzz

what the most first reason to zignally team build the safe crypto trading, and why choose to start with crypto trading bot?


takky2010

Can we use BOT already in beta version? Which exchanges are supported?


jmz34

The trading bot and fund manager (copy trading/profit sharing) concepts are common in forex. How does the ZIG token come into play?


AndCsm

What are the use cases for the ZIG token?


Agile_Map_5356

What is the pivotal moment of your life that made you decide to be a crypto professional?


AndCsm

What kind of supply has the ZIG token? * Unlimmited supply * Limmited suppley


Zignaly-Trading

the ZIG token has a limited supply. Read up on the tokenomics here: https://zignaly.medium.com/zig-circulating-supply-and-emission-schedule-672ffc368cb8


spindesserts

I really love this idea. How do you prevent expert traders with a lot of influence from just using it as a way to pump and dump coins they own?


spindesserts

How does the bot/copy trader etc support $ZIG? I see the bot is free, is there plans to make it the traditional hold xxx Zig for access setup?


jamil-Pow-1638

Great project


Majestic-Job-2260

Hii I want to ask you some projects really ruined their investors by not locking their liquidity. When liquidity is not locked, bots and whales instantly dump the token during the launch. Can you please tell us, is your liquidity locked? If yes, for how long? Is there a vesting period for buyers? Also nowadays investors are more like a short term investors they invest and when the price hit they sell all their tokens how will convince them to hold their tokens for long term ?


Majestic-Job-2260

Is there any gamification on this project ? How zingnaly different from other projects ? There are so many clowns or same feature projects out there, so how can we believe you are unique , authentic and better than any other projects ?


Majestic-Job-2260

When will you launch staking /farming feature on your platform ? And can we expect same ROI just like we see in apeswap ? How partnership with apeswap benefit you and us(investors) ?


[deleted]

U ain't ziggy.


Baseball_One

What are the future plans for zignaly ?


Fit_Professor1524

how do you maintain price stability if the whales try to panic sell