Home BitcoinReviews Shrimpy Review: Legit Or Scam Crypto Portfolio Management App

Shrimpy Review: Legit Or Scam Crypto Portfolio Management App

by cryptocreed

Last Updated on April 18, 2023 by cryptocreed

Shrimpy is a bit different crypto trading platform from traditional trading platforms where you can perform trading crypto of different exchanges in one place. The core HODL believers might get addicted to the platform as their features are built like that.

You can manage your crypto portfolio in your own way, the platform is very simple to use as well. You can automate strategies over at trading bots. It also helps you to analyze your portfolio over time.

If you are planning to use the platform then you must check this Shrimpy Review.

What Is Shrimpy?

Shrimpy is a new type of cryptocurrency trading platform where you are allowed to manage your crypto in a simple way. Not all coins are listed on every exchange hence it is necessary for traders to get their exchange in one place to manage their trades.

Shrimpy was founded in the year 2018 with limited exchanges and now supports more than 20 cryptocurrency exchanges including Binance, Kucoin, Huobi Global, BitMart, Coinbase, Kraken, Gemini, etc.  It also supports all major cryptocurrency wallets including Metamask, Ledger Live, Guarda, Unstoppable, Rainbow, etc.

Shrimpy has more than 250K trades per day. In total, they have total trade of more than $13 billion trade volume.

The platform allows you to monitor and manage your entire portfolio throughout all supported exchanges. Their advanced features allow you to adjust your portfolio based on your own orders.

With Shrimpy you don’t only save money but also save time. They do provide demo accounts so you can check how you are going to optimize your cryptocurrencies to make profits.

Shrimpy Features

The idea behind the platforms is simple but what makes it is the features of the platform.

Automation Strategies

They have automation strategies and features that are used by most traders to reduce risk and waste time.

With automation, you can index the market from other top traders, smart rebalancing trades, and automatic allocation of deposited accounts in your portfolio.

Not only that you can also use features like portfolio Stop loss, Threshold Rebalancing, Spread Control, and Fee Optimization with maker trades.

Advance Dashboard

The advance and simple dashboard from where you can manage your cryptocurrency exchange accounts, wallets, etc.

You can simply connect your Exchange accounts within a few seconds in one place, All supported wallets can get connected easily, and other features like cold storage, fund transfer, stop loss trigger, and portfolio management can be done easily.

View All History

It is important for traders to check past trades to know how they performed and form future trade deals. If you are interested in checking your previous trades then they have a very informative history page from where you can find all previous deals.

You can view Rebalances, API linking details, Stop Losses, Strategy Updates, Cold Storage Changes, Dollar-Cost Averages, and Balance Transfers.

Shrimpy Demo

Like most of the platforms, Shrimpy also provides a free demo where you can execute the trades and check if the platform is worth it or not. Click here to visit and test the demo.

Also Read: CryptoHopper Review


Shrimpy has three different plans including a free one as well. With the free plan, you can create unlimited spot trades, add 1 exchange, create 1 portfolio, 3 backtests per day, and rebalance periods of 1 day.

With paid plans, you can connect from 5 to 25 exchanges, create up to 10 portfolios, 10 automation, 100 backtests per day, portfolio stop loss, Dollar cost averaging, API access, and Dynamic Indexing.

Shrimpy Is Legit Or Scam?

Shrimpy is definitely a legit platform that you can trust with your money but it doesn’t mean you should put all your money in one basket and show up with that everywhere.

On Trustpilot, they have a rating of 2.9 out of 5 from 112 reviews, don’t fall into that, if you have real reviews then most fake reviews are fake.

For example, the below review is posted by user Jim Willson on Trustpilot.

They are scammers my trustwallet containing $120000 I connected it to them and all my money disappeared they stole my money I had to seek help cause it’s a lot of money to let go like that assetretrival.com helped me recover my money everything I got scammed off

Here the person who posted the review is a scammer itself, he is promoting his scam site by posting negative reviews.

On ProductHunt they have a rating of 4.8 out of 5 from 35 reviews. Here is a catch, it seems most of the positive reviews are fake here.

In my opinion, Shrimpy is the trusted platform but it is not that trust that you can put all your money in their hand. Hence I would suggest trying them with a small amount slowly and then going with big amounts if you got trust in them.

Shrimpy Customer Support

Shrimpy is not good at providing customer support. You can contact the support team only through email. Which is very slow to get support.

They have live chat on the website but it is also supported by email contact, hence it is similar to creating the ticket.

If you found this Shrimpy Review helpful then do not forget to share it with your friends on social media.

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