Nov 12, · 3Commas is a popular trading bot which works with a number of exchanges including Bittrex, BitFinex, Binance, Bitstamp, KuCoin, Poloniex, GDAX, Cryptopia, Huobi and YOBIT. The bot works 24 / 7 with any device as it is a web-based service so you can monitor your trading dashboard on mobile as well as desktop and laptop computers. Dec 08, · Bitcoin Code is a bitcoin trading robot that claims to help ordinary traders make huge returns on their bitcoin investment with an investment as little as . Gunbot is our go-to trading bot and is for sure the best bitcoin trading bot! GET STARTED WITH GUNBOT! 6.
Best trading bitcoin botUltimate Guide to the Best Bitcoin Trading Bots - Do they Work ?
Apex Trader is another newer platform which offers and easy intro into trading automatically use bots. The platform features trading bots that can be used to employ a number of trading strategies, and work via API connections to popular cryptocurrency exchanges including Binance, ByBit , Kraken, and KuCoin. Visit Apex Trader. Club is a simple way to gain access to advanced trading features. The platform was designed in Russia, and currently works on Binance and Bittrex.
The platform offers traders automated buying and selling algos, as well as advanced order types. One of the first things that you will probably notice about Cap. Club is the simplicity of both its website and interface.
If you are just getting into automated trading, or have little coding knowledge, this simplicity could be a big plus for you. The free version will give you all of the trading strategies that the full platform features, but you will be limited in how many can run at once. The free account is also limited in communication. The full version will send you alerts via both Email and Telegram, but the free one is only going to contact you with Email.
If you want to use the platform for free, it is ready to go. In addition to limit and trailing orders, Cap. Club offers it users three trading programs:. These algos seek to make money automatically for Cap. The platform that Cap. Club put together offers a lot of value, and also is a nice compromise between an algo-driven trading platform, and a trading platform that gives you some of the normal trading tools that are lacking on most crypto exchanges.
Club also includes a visual strategy editor with both the free, and premium package. Instead of having to write your own algo in code, you can use a visual strategy editor to lay it out with symbols. Once you have the strategy together, it is simple to run.
You may find that your strategy ideas are profitable, and they could help you outperform the market. The fact that Cap. Club allows you to use its platform for free is great. While you will be limited in how many strategies and APIs you can run at once, it will help you to figure out if the platform makes sense for you.
For frequent traders having some sort way to use limit and trading orders is almost necessary. Trailing stops and take profit orders can help you to ride a winning position, which makes it possible for a single position to make the entire subscription worthwhile.
That said, it is really easy to set up Cap. Club with Binance and Bittrex, which makes opening a new account at one or both of the exchanges worth thinking about. Once you open up your Cap. Club account, all you have to do is go to the exchange of your choice, and generate an API. You will get a new API, and a secret code. Just go back to Cap.
Club, and enter the info into the fields it provides you with. The process is super simple, and should only take you a few minutes. Club also has a deep support section online. If you need help connecting your exchange account to their platform, or figuring out how to use any of the tools, you should be able to find any information you need.
The support is included with both account types, which is a great feature. Overall Cap. Club looks like a capable automated trading platform that also gives traders some useful tools, as long as you use one of its two supported exchanges.
Signal is a platform that is made specifically for Binance. Signal does give traders on Binance some badly needed tools, and a high level of connectivity. Much like Exchange Valet, Signal gives traders the tools they would find on a trading platform like MT4. In addition to simultaneous stop loss and take profit orders, it also allows traders to program laddered buying, as well as trailing stops. Most of the features that Signal offers are extremely useful for traders. If you trade on Binance and are looking for advanced trading tools, Signal could be the right platform for the job.
As mentioned above, being able to use stop loss and take-profit orders simultaneously is a must for traders. In addition to adding simultaneous stop loss and take-profit orders, Signal gives you the ability to buy into a position over a period of time.
Instead of buying your entire position at one, you can automatically set Signal up to do the buying for you. This can also be good for larger traders who want to spread their orders out, and reduce the chance they will influence the market price of a token noticeably. The sell existing coins tool allows Signal users to sell specific coins, and the targets tools lets traders set levels where positions can be sold. Both tools may be handy for advanced traders. Signal offers a simple set of tools, but it can be accessed from almost any device.
Connectivity is one area where Signal shines. You can use the platform from just about any device, including the two most popular mobile operating systems. If you are looking for a fully-featured trading platform for Binance that you can use almost anywhere, Signal is a good fit. The platform will also notify you via SMS when your orders are executed, which can be handy if you need to stay on top of the market.
It also gives you the ability to track your trading performance over time, which can be very handy if you are trading frequently. If Signal is free to use, and the team behind it is planning to add exchanges and features in the future, it is very promising for the platform.
As it stands today Signal is a good looking product that has a clean interface, as well as a solid development team behind it. The platform seems to be geared towards frequent traders, and could be a good fit if you are on Binance, and trade a lot.
Even with the more basic trading tools that Signal offers regular traders will probably have a much raiser life. If you are looking for a one stop trading bot platform, Live Trader could be the thing for you.
Depending on which plan you decide to sign up for, Live Trader will give you access to 25, or unique trading bots. Live Trader also works with some of the largest crypto exchanges out there. Connecting Live Trader to your exchange, or exchanges of choice is simple, and Live Trader has lots of support tools online to help its clients get their account set up quickly.
The real advantage that Live Trader offers clients is the sheer number of trading bots, as well as a novel back-testing system. Unlike some platforms that need direct access to an exchange to do backtesting, Live Trader can run advanced backtesting simulations on paper. The first thing to notice about Live Trader is the number of exchanges that it will function with. Instead of being limited by your trading bot, Live Trader gives you numerous choices for an exchange. It also allows you to run multiple trading strategies at the same time, depending on which plan you decide to purchase.
While Live Trader is a pay-only service, it does offer a limited free trial so you can learn more about what you would be buying if you sign-up. The basic plan allows you to run one strategy, the mid-level plan gives you five simulations strategies, and the top-level plan that gives you bots to choose from will let you run 10 of them at once!
Live Trader is definitely set up for traders that want to use algos. If you are looking for a platform that will give you some advanced order types, and a few basic algos, Live Trader might be overkill. On the other hand, if you are looking for a deep selection of automated trading algos, Live Trader could be a perfect fit. There are a truly amazing number of automated trading algos on Live Trader. In addition to the algos that Live Trader has available, there is also an algo marketplace you can browse through.
If you would like to develop your own trading tools, Live Trader has a strategy builder that will allow you to construct your own strategies, and back test them on any exchange the platform supports. All of this adds up to a huge selection of algos for automated crypto trading on some of the most popular crypto exchanges out there. If you are on the fence about how algos might fit into your crypto trading, Live Trader could be a lot to take on at first. With all the features that Live Trader includes, it is reasonable to expect that the more advanced plans would cost substantially more.
All those cloud servers cost money, and doing the same thing on your own machine would get expensive. If you are looking for a platform that delivers loads of algos, works with many of the most popular crypto exchanges, and lets you do extensive off-exchange backtesting, Live Trader is worth learning more about. The homepage also offers a chat window, which is nice to see!
GunBot is a well known cryptocurrency trading bot which uses individual strategies that are completely customisable to fit your trading style. You can run the bot on your own computer or use a VPS and can manually add different coin pairs, pick a strategy and set it to work. GunBot a versatile trading platform, and it also offers a lot of value for the money.
The platform has a few different plans, that range from 0. The features that GunBot includes in its Starter Edition are worthwhile for the price. The next two levels add loads of functionality, with the Pro Edition adding backtesting capabilities, and cryptosight as standard features. It is estimated that there are more than 6, traders that use GunBot on a daily basis, and it has gotten numerous positive.
Gekko is an open-source trading bot and backtesting platform that supports 18 different Bitcoin exchanges.
Gekko is entirely free and can be found on the GitHub platform. Gekko is a relatively straightforward trading app to use that includes an interface and basic strategies from the outset, which allows you to be more comfortable with the use of the bot. Gekko also has a number of plugins available that will allow you to be updated regardless of what level of connectivity you have.
Similar to Gekko, Zenbot is also an open-source trading bot for Bitcoin traders. As an open-source project, Zenbot is available for users to download and modify the code as necessary.
However, there have been question marks in the community over the development of Zenbot, with no updates having been made to the platform for a significant number of months. This means that no additional exchanges have been added to the platform for almost one year, meaning that it may have access to less information than some of its competitors.
However, on the positive side, Zenbot, unlike Gekko, does offer high-frequency trading as well as supporting multiple cryptocurrencies in addition to Bitcoin. The bot is now available in Russian. Additionally, TradeSanta offers technical indicators including Trade filter, Volume filter, and Bollinger signal , an extra orders feature, buying coins for a commission, etc.
You can also set the bot to enter trades at the market prices, buy more of the asset as the market goes against a position and much more. Read Full TradeSanta Review 5. BitUniverse users can log into their account on the Pionex platform.
We did not include BitUniverse or Pionex in our previous list of the best crypto bots. However, due to their collaboration and increased benefits, we now believe that they deserve a 5th spot. There is a 0. Gekko is an open source cryptocurrency trading bot that you can download on GitHub platform. The bot is compatible with the major operating systems Linux, Windows, and macOS. It also runs on raspberry PI and cloud without any issues. Zenbot is yet another open source bitcoin trading bot.
You can modify it to suit your trading preferences, and you can use it on all major operating systems. Autoview is a low-cost crypto trading bot that comes in the form of a Google Chrome extension. CryptoTrader is an automated cloud-based crypto trading bot. BTC Robot is a pioneer automated Bitcoin trading bots.
It runs well in the major operating systems, although its prices in various platforms vary — Mac users pay more compared to Windows users. Shrimpy emerged on the market, in , and has quickly gained popularity in the trading community.
This is why they offer a good range of services for free. All business operations are conducted transparently. If there is anything to update users on, the team puts out statements on their social media accounts.
The primary feature of this tool is a built-in auto trade algorithm that can place orders on your behalf. Aside from automating the trading process, Shrimpy can offer a decent range of additional features:. Shrimpy offers a free Hodler trading bot package that gives you access to all portfolio tracking features.
Ideally, the list could be more extensive, but the team is working on adding more crypto exchange APIs. Zignaly is another cloud-based platform requiring no installation or server updates. External signal providers there are currently more than 20 providers are part of the platform and help users automate the trading process.
At this point, this subscription gives you access to priority support, unlimited coin pairs, and positions. In the future, the company assures there will be unlimited exchanges. At this point, Zignaly only supports Binance. It might present limited opportunities to traders, but the recent announcement stated that they are planning to add Bittrex as well.
Over the last two years of existence, ProfitTrailer has managed to acquire quite a good reputation. There are conflicting reviews, but the bot is definitely worth a shot. You can get a closer look at this tool with free signals included within the cheapest package. ProfitTrailer lets you choose between five packages varying in API key slots, trading settings, configuration saves, buy-sell strategies, and some other features. ProfitTrailer supports all coins listed on these platforms.
The team behind Kryll. This online platform for automated cryptocurrency trading strategies appeals to traders with different experience levels. If you want to create a strategy and test, you will not be charged for it. The fees depend on the amount of KRL tokens you are holding. With further development, there should be a more extensive list of available platforms. Exchange Valet is a desktop app available to Windows, Mac, and Linux users. The app is mainly focused on automated trading functionality.
Unfortunately, there is little information known about the team behind this project. For users who are not well-versed in cryptocurrency, there are many educational resources on the platform. Along with FAQ articles and tutorials, users can connect to their Telegram and Discord to remain updated on all the news.
For any of the packages, you can request a day trial. Currently, you can automate cryptocurrency trading on Binance and Bittrex exchanges. For traders who want a wider variety of options, it might be a problem. The Margin. The interface was improved, and some functionalities were added. The pricing plans for this service are organized as a one-time payment. There are three types of licenses you can choose from:. As of right now, there are already many supported exchanges.
The full list is available on the official website. Autonio is a decentralized, artificial intelligence trading tool. According to the team behind this project, AI-based algorithmic trading makes this tool fundamentally different from other services. You will also have to pay a one-time registration fee. After that, you will have unrestricted access to the Autonio functionality. The cryptocurrency pair combinations you can trade with depend on what currencies are listed on these exchanges.
Tradewave was not a traditional trading bot. The platform was shutdown in USI Tech is a Forex trading bot that also offers cryptocurrency trading packages. As a user, you have no control of the bot. You can opt for your preferred investment plan from which will then earn you about 1 percent of your capital daily. There are some specific key functions to keep in mind when considering a cryptocurrency trading bot. DCA dollar cost averaging bots follow the DCA strategy, meaning that they invest into an asset at present intervals.
This will reduce the entry price over time, allowing the trader to get a more ideal average price for their position- and, in turn, reducing consequential risks from local price movements. DCA Bots can automate this process, thus saving you money. Options are high-risk financial instruments that can be tricky to master — thankfully, options bots make it easier.
To learn more about how Options work, check out our comprehensive blog post on the subject. The bot places an initial buy order and then more orders if the price moves in the opposite direction. The primary difference between the two bots is that a GRID bot places a separate take profit order for each buy order — whereas a DCA bot will place one take profit order for all buy orders.
Some crypto bots have social trading features. When a trader uses a social trading strategy, they will observe the trading behavior of expert traders and peers and then follow along.
Bots that have social trading hardcoded in will automate this process. Crypto bots with backtesting features will use historical data to reconstruct trades that would have happened in the past. The final result will offer the trader statistics to gauge the effectiveness of those trading strategies.
The underlying theory is that a strategy that worked in the past will likely work in the future. Trading securities are stocks and bonds that will be purchased and sold to make money in the short term.
These are fast-moving investments, so it helps to have a bot to keep on top of it, since these investments are often traded on a daily basis. It can be seen as a safety net. Now you have made a 2. Intraday price movements are important to day traders who want to make several trades during a single session.
Day trading bots can help you automate this process. Scalping is a lower-risk trade strategy used for short-term profits. A bot with scalping features will closely monitor the price of a particular asset and take advantage of fluctuations.
A scalping crypto bot will consider three main factors before acting: the Relative Strength Index, support and resistance levels, and the moving average. Cryptocurrency trading bots are vital tools for traders.
However, some bots are either unreliable or outright scams, and so it is important that you do due diligence before you get one. Read reviews and do your homework to ensure that you choose a trustworthy and reliable crypto trading bot.
Get Your Free 3 Days Full Access on 3Commas Disclaimer The contents of this article are not intended to be financial advice and should not be treated as such. The info contained herein is based on data that was gathered from a variety of sources. This should not be used as a parameter for investing.
The user must do their own independent research to make informed decisions regarding their crypto investments. A proven leader, successful at establishing operational excellence and building high-performance teams with a sharp focus on value creation and customer success.
By Mikhail Goryunov. Login , for comment. Ripple XRP has gotten lots of attention in the past year. Not by chance or coincidence, though, since the entire…. Derivatives such as Options allow you to make unlimited profits while limiting possible losses. As one of the most complex…. You need to first learn the basics of trading and understand how to properly manage risk. Last Updated: October 23, Almost all cryptocurrency traders would have heard about the crypto trader trading bot.
The crypto trader bot is completely web-based and thus, accessible from anywhere you can connect to the internet. The bot can be easily configured with several popular exchanges such as Poloniex, Bittrex, Kraken, etc. This bot does not come free of charge. You can choose from the several plans available. The pricing starts with 0.
While all plans do offer users support for automatic trading, the new features and the trading limit for the more expensive plans is higher than that provided with the basic plan.
Any new feature that is created is first available on the higher package plans and are later available on the basic plans. If you would just like to trade on a single exchange and with very limited funds, then the basic plan will suffice.
However, if you are looking at the higher volume of trades then go with the higher package. This bot also supports algorithmic trading. Thus, making it easy for users to implement their own configurations. The bot can be easily customized.
Thus, making it a widely used cryptocurrency trading bot. We just had to include the pioneer of cryptocurrency trading bots on our list of the best crypto trading bots. The Bitcoin robot started off as a Bitcoin trading bot. However, it can now also be configured to trade other cryptocurrencies such as Ethereum and Litecoin. The bot is available as a software and needs to be downloaded and run on your local machine. This means that the trades are going to be executed only as long as you keep your computer turned on.
The bot can easily work with several cryptocurrency exchanges and is being widely used even today. The bot is not available free of cost and does cost you a premium. The profits made by people using this bot speaks for itself. Additionally, they do offer a days money back guarantee. So, you should definitely check them out once. This is a cryptocurrency trading bot with the most user-friendly interface. The GUI of the bot is very easy to use and the features provided are very powerful. The bot was designed with two trading strategies ping pong and Margin trading implemented into it.
However, you can also customize it with your own custom settings. This bot lays great emphasis on the visual aspects of trading.
The technical analysis done by the bot is extremely easy to analyze. What more? The bot has an amazing feature called visual trading. This interface feels buttery smooth to use and offers users utmost control over the trades.
The bot was initially priced at 0. Cryptocurrencies have been hailed for a long time due to their decentralized nature. When these digital assets themselves are not controlled by a single entity, why use a trading bot that is controlled by a single company. Autonio is the first decentralized cryptocurrency trading bot to have ever existed. This bot runs on top of the Ethereum blockchain and can be easily implemented with almost all the major cryptocurrency exchanges out there.
Without a centralized company marketing this trading bot, it is marketed by several thousand cryptos and decentralization enthusiasts.
This bot has several inbuilt trading strategies and algorithms. Additionally, you can also customize it by using your own trading strategy and algorithms. As the bot is running on the Ethereum blockchain, an ERC protocol token powers the whole bot. You can buy this token on the Bittrex exchange. This is a utility token and is used to buy services on the platform. The bot is very user-friendly. It provides all users the access to a marketplace where users can buy other trading strategy configurations and trading algorithms.
Users can also sell their own customized configuration on this marketplace. In order to buy any configuration, you will need to use the in-house utility token of the bot. Thus, the bot offers users multiple ways to make money. As it can be fully automated and at the same time completely decentralized. The security and trust that it has managed to gain have been truly exceptional. If you are a true believer of decentralization, then you must check out Autonio.
This is another widely used cryptocurrency trading bot. This is an open source trading bot available for everyone around the world. However, unlike other open source trading bots out there, this bot is available on a rental basis. Users need to rent its services to enjoy the automated trading benefits.
The bot uses a multi-tier marketing strategy. This means that users are given the opportunity to make some money by inviting people to the platform. While the referral system might be lucrative enough for most people to hop onto the platform, the features that it offers are just icing on the cake. The whole bot is based on the cloud. This means that there is no need for you to have your computer running all day in order to execute the trades. Thus, users will be able to pull the trade out just in time and avoid a big loss.
This bot is available for many exchange platforms out there and more are being added. As the source code of the bot is available for everyone to use, you can also implement our own changes and customize the trading strategies to your liking. Additionally, by paying a little extra, you can also subscribe to the telegram notification, arbitrage trading as well as the social analyzer.
Another new entrant to the cryptocurrency trading industry, this bot has managed to win over the hearts of thousands of crypto traders because of the huge profits that you can gain as well as the number of features offered by this bot. Apart from being an automatic trading bot, ProfitTrader allows you to monitor the market conditions with its feature-rich graphical analysis. The bot also has an inbuilt feature that analyzes several cryptocurrency market conditions and provides users with a list of potential buys that can lead to huge profits in the future.
Thus, minimizing the workload of the trader. The bot also provides with a unique feature of dollar cost averaging. This enables users to minimize the loss caused due to bad trades in the past. With dollar cost averaging, cryptocurrencies are bought when they are available at a lower price and sold when their price increases. Thus, nullifying the loss caused due to the initial bad trade.
Another important aspect of ProfitTrailer is its great security. The bot not only provides users an easy to use interface but also protects their funds from thefts.
This is due to the multiple layers of security offered by the platform. The bot is compatible with several popular exchanges including Binance, Poloniex, etc. The bot can be downloaded and run from Windows, Mac or even Linux platform. Alternatively, you can also buy a private VPN server and host you bot online. We saved the best cryptocurrency trading bot for the last. One just cannot get enough of this bot. Everything from its user-interface to the security that it offers is in a league of its own.
One of the great things about the CWE trader is that you need not to have to give your money to the bot. Instead, you are actually giving it permission to trade on your behalf on the various exchanges that you wish to trade on.
This feature alone has managed to convince a lot of traders to use this bot. This bot also uses a multi-tier marketing technique to gain more user support. This means that you have an opportunity to even make some extra money by referring people to use the service provided by CWE.
Looking at the service that this bot has to offer, once people start using it, there is no turning back. They will definitely love the passive income that is being generated. This bot can be easily integrated with several exchanges including Binance, Bittrex, etc. The profits that you make will stay on the exchange itself. As this is a trading bot, it is free from all the human emotions which are usually the main reason for placing bad trade orders.
The bot also allows you to customize your own trading strategy. Thus, satisfying the more experienced traders as well. The support provided for this bot is also very good. Users have reported their problems being solved very quickly when they contacted customer support. The bot supports about 15 different cryptocurrencies. Making it one of the most usable trading bots out there. The bot is not available free of cost and the users need to pay a certain fee in order to start using its services.
Thus, making it the most profitable trading bot right now. This cannot be considered as a bot exactly. But after the rise of popularity of Bitcoin, they also offer BTC packages. Then, you will start receiving your share of profits whenever a trade is made. The USI Tech platform almost guarantees great returns to your investments. It seems very similar to Bitconnect, a similar platform which turned out to be a scam. We strongly advise all our readers to stay away from this platform.
We included this in the list just to spread the word about USItech being a scam. Trading bots are computer programs that run on computers and trade on behalf of a human trader. Unlike a human, the bot never gets tired of monitoring the market conditions. Thus, making them perfect traders. The trading strategy needs to be pre-programmed into the bot and the bot acts only according to this strategy. Trading bots are a great way to make some passive money without having to put any effort into it.
So if you are still unsure of whether to use one, you can always try the free trial provided by Cryptohopper or even choose an open source solution like Gekko or the Zenbot.
The key to becoming a successful cryptocurrency trader is being able to analyze the market conditions and acting accordingly. With cryptocurrency, this process becomes a little difficult.
As the prices of cryptocurrencies are extremely volatile, it is very hard to predict its price.