The Coinigy all-in-one trading and charting platform is one of the most popular choices between cryptocurrency enthusiast. While being fully encrypted and secure, Coinigy was able to offer you trading on exchanges through their client with the help of an API connection. As most already now, Binance is currently one of the major Bitcoin and Altcoin exchanges on a global scale, their volume currently ranks as first according to Coinmarketcap.

Coinigy just announced on Twitter that they will remove the ability to trade on Binance within 30 minutes of the tweet. All open stop limits that have yet to be triggered will be anceled, while any other open orders will stay open on the exchange. This is an update to this tweet and a blog post, where Coinigy states that they were previously white listed, because of the heavy volume that coinigy generates. They also state that Binance took them down without further notice stating that they violated their API usage guidelines.

According the blog post Coinigy attempted to resolve the issue with Binance, but were unsuccessful thus they decided to shut down the trading ability for the platform’s users.

Binance has yet to comment on the issue publicly, but we hope that they mutually resolve the issue as both platforms are very popular among crypto traders.

The exchange’s API guidelines are found here for those who are interested.