As a cryptocurrency enthusiast, I have used many trading automation tools, but recently through this research, I came across a very unique and useful tool called “Cornix”.
At first glance, this tool seemed like any other automated cryptocurrency trading tool, but as I spent more time exploring this platform, I was surprised by one of its features that will inspire you to become a better trader technically and generate additional profits. Yes. Your trading skills. Perhaps this feature alone would have made you think more seriously about cryptocurrency trading and decided to take an advanced cryptocurrency trading course. We will explain this in more detail in the future.
For now, I would like to introduce you to Cornix, and whether you are new to trading or an experienced trader, you will enjoy discovering and learning about Cornix automated trading tools.
What is Conix? Who should use it?
Cornix is a cryptocurrency trading tool that connects to multiple cryptocurrency exchanges and allows you to trade on a single platform. It offers many features that make managing multiple cryptocurrency exchanges easier. Examples include features such as portfolio management, trading terminals, advanced trade settings, and automated bots.
Another feature that we will discuss in further sections of this review is the signal provider group management feature. Cornix makes it easy to run a group of cryptocurrency trading signal providers, and its group management features make it easier to manage paid subscribers. At the same time, paid or free subscribers can automatically copy signals without having to copy trades manually.
To be honest, it was Cornix’s group management and advanced trading terminal features that drew me to write a review.
Also Check: Automated Cryptocurrency Trading Guide (Free)
Cornix encryption tools can be used by three groups of people:
- Professional signal providers and group managers – This is probably one of the least marketed features of Cornix, but it can help many professional traders become cryptocurrency signal providers. In the first part of our Cornix review, we will focus on this.
- Sole Trader – Cornix provides an advanced trading terminal that allows you to execute advanced trading rules. At the same time, it also provides other tools such as DCA bot, Grid bot, TradingView bot. We’ll talk about this later in this deep dive as well.
- Beginner Cryptocurrency User – Another little-known feature of Cornix is its signal provider marketplace. If you want to start copy trading, Cornix allows you to find a group of cryptocurrency signal providers that you can not only sign up with, but also copy those signals automatically using Cornix tools.
Cornix Feature 1 – Crypto Signal Provider Group Feature
Cornix allows you to run and manage automated crypto signal provider channels. Think of this as a side hustle or main business that you can run as a crypto signal provider. For anyone looking to make extra money with their trading skills, this is probably one of the smart ways to do it.
Cornix allows you to create automatic setups on the fly, which then allows your friends or paid subscribers to automatically follow your trading signals. Posting trading signals requires some manual effort (8-10 seconds per trade), but overall this is one neat system if you want more autonomy than using individual cryptocurrency exchange copy trading features.
In the future, I may post a detailed tutorial on how to run a group of cryptocurrency signal providers, if you need it sooner, please email me at hello(at)coinsutra.com.
I have been using Cornix more as a retail user and have successfully found two signal provider channels that work well for me. This is a screenshot of the Cornix notification bot on Telegram, which keeps you updated on all automated or manual transactions performed through your Cornix account.
Note: The screenshot above shows Cornix’s Telegram notifications feature. Don’t do it. Use this as a standalone reason to purchase a Cornix subscription.
Feature 2 – Discover Profitable Cryptocurrency Signal Provider Telegram Groups
This is another reason why many people like Konix. This feature allows you to discover a new group of crypto signal providers.
You can sort or filter marketplaces based on predefined criteria. I’ve been lucky enough to discover two highly profitable groups that have been delivering consistent ROI over the past 2+ months.
I think Cornix could do better in terms of providing more analytics on signal provider channels, which would make the market fairer. But for now, subscriber count, reviews and recent transactions are the three main ways to discover profitable cryptocurrency trading signals provider Telegram channels.
Feature 3 – Advanced Trading Terminal
Cornix offers an advanced trading terminal that allows you to trade on multiple exchanges through a single interface. What stands out here is the quick availability for pre-ordering. The web interface is very intuitive and you are likely to become hooked on it after a few transactions.
If you enjoy trading, give Cornix Trading Terminal a try and you might be surprised.
Feature 4 – Trade Analysis
Cornix offers a dedicated trading page where you can monitor open trades or analyze historical trading data. It’s not a replacement for a cryptocurrency trading journal, but it does offer a variety of filter options to find which signal provider (long/short) suits you best.
Cornix could actually consider improving this page, adding automated analytics to give the audience a bigger picture. This alone could be a growth hacking upgrade to Cornix’s already useful “Deals” page.
Features – Other Cornix Features
Cornix offers more features, such as the option to check the cryptocurrency portfolio of connected exchanges.
As of this writing, there are three automated bot trading features offered by Cornix.
- grid bot trading
- DCA bot
- TradingView Bot
You can take a look at these three automated bot trading features for yourself. Now, before we conclude our review of Cornix, let’s take a look at some other important facts about Cornix.
Konix Mobile App –
I have great respect for all tool providers that offer mobile apps. This shows that they understand their users’ interests and that even if it slows down overall development, they find them very useful as users and provide loyalty to the providers of these tools in the long run.
The Cornix mobile app is very useful for monitoring your trades and checking your portfolio. You can also use it to search for signal providers on your mobile app. It offers the option to initiate trades from the mobile app, but it’s not as intuitive as what 3Commas offers.
Supported Cryptocurrency Exchanges –
At the time of writing this review, Cornix supports some Tier-1 and Tier-2 cryptocurrency exchanges. Here is the list:
- Binance
- bybit
- KuCoin
- great
- bitmex
- Huobi
Cornix Pricing – Affordable
Cornix’s pricing is quite high and its plans are designed around signal providers. You should choose a plan based on the number of automated trading groups you want to join. There is also a limit to the number of active signal trades you can take under your plan.
The annual plan gives you 4 months free and is great value for money. However, if you are just starting out, we recommend that you start with a monthly plan and try out a signal provider and see how it goes.
The difference between profits and losses for an automated trading group often lies in the choice of signal provider. So be mentally prepared to try it out with different groups for 2-3 months before making a final decision.
Cornix Discount Code – 10% Off
Below are Cornix featured discount codes you can use to save an extra 10% on your Cornix annual subscription. Exclusive discount on Cornix subscriptions for CoinSutra users.
Cornix Referral Code: 4BC0F6D0
Even better, use our special link below where your Cornix discount code will auto-fill.
Conclusion – Cornix Review
It’s common to feel overwhelmed when reviewing cryptocurrency trading tools. But Connix’s case was different. The design is intuitive and the help documentation is helpful for anyone to understand all the features.
Along with its advanced trading terminal, Cornix’s biggest strength lies in its group of cryptocurrency trading signal providers and for those who want to copy signal provider trades automatically.
Our final conclusions based on our experience at Cornix are:
- If you are a beginner and just starting out, you can start by using the Cornix trading terminal. It will definitely help you execute advanced trading rules in seconds.
- If you are someone who is looking for an automated bot to execute signal provider trades, Cornix is definitely for you.
- If you are or plan to become an administrator in a group of cryptocurrency signal providers, don’t miss Cornix.
As the cryptocurrency trading industry continues to evolve, we’d love to hear your feedback and reviews about Cornix. If you know of a reliable alternative to Cornix, please let us know in the comments section below.
Either way, if you enjoyed reading our review of Cornix, we’d love to hear your thoughts in the comments or you might consider sharing this review of Cornix on your social media platforms.
What is the best Cornix alternative?
When looking for a cryptocurrency trading signal provider, you can look into Cryptohopper as an alternative. Bitsgap seems to be a good alternative when it comes to grid bot trading. For DCA bots we have 3Commas.
How safe is Conix?
Cornix connects to cryptocurrency exchanges via API and always has trading authority. Make sure you do not enable the withdrawal feature while setting up your exchange API key. On the Cornix side, we believe we can be more transparent about the security practices we follow to make the Cornix platform more secure. There isn’t much information about this at the moment.
About Harsh Agrawal:
Award-winning blogger with over 14 years of experience. He has a background in finance and technology and holds professional certification in information technology.
He is an international speaker and author who believes in the blockchain and cryptocurrency world.
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expertise:
Harsh has over 12 years of experience in fintech and 7 years of experience in blockchain and Bitcoin. He has also moderated blockchain expert panels and attended international blockchain events such as BTCMiami and Token2049.