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Crypto trading bots are automated software that helps you to buy and sell cryptocurrencies at the correct time. The main goal of these software is to increase revenue and reduce losses and risks. These applications enable you to manage all crypto exchange account in one place. Many such programs allow you to trade for Ethereum, Litecoin, Bitcoin (BTC), and more with ease.
Following is a handpicked list of Top Crypto Trading Bots with their popular features and website links. The list contains both open source (free) and commercial (paid) software.
Name | Exchange | Pricing | Link |
---|---|---|---|
Pionex | Binance, Huobi global, Pionex | Free | Learn More |
Cryptohopper | Binance, Bitfinex, Binance.us, Coinbase Pro, Bittrex, HitBTC, Bitvavo, Kraken, Huobi, OKEx, KuCoin, Poloniex | Free | Learn More |
3Commas | Binance DEX, Binance,Binance.us, Bilance Futures, Bitfinex, BitMEX, Bittrex, Bybit, Bitstamp, Coinbase Pro, Gate.io, Cex.io, Exam, Huobi Global, KuCoin, HitBTC, Kraken, Poloniex, OKEx, YoBit | $14.50 | Learn More |
Pionex is one of the world's 1st exchange with 12 Free trading bots. Users can automate their trading 24/7 without always checking the markets. It aggregates the liquidity from Binance and Huobi Global and is one of the biggest Binance brokers
Features:
Price: Free
Exchanges: Binance, Huobi global, Pionex
Cryptohopper is one of the best crypto trading bots that helps you to manage all crypto exchange account in one place. It allows you to trade for BTC, Litecoin, Ethereum, and more.
Features:
Price: Free
Exchanges: Binance, Bitfinex, Binance.us, Coinbase Pro, Bittrex, HitBTC, Bitvavo, Kraken, Huobi, OKEx, KuCoin, Poloniex
3Commas is one of the best crypto trading bots that enables you to increase revenue and reduce losses and risks. This application allows you to get profit with minimal effort. It enables you to create a strategy based on 20+ trading indicators.
Features:
Price: $14.50
Exchange: Binance DEX, Binance, Binance.us, Bilance Futures, Bitfinex, BitMEX, Bittrex, Bybit, Bitstamp, Coinbase Pro, Gate.io, Cex.io, Exam, Huobi Global, KuCoin, HitBTC, Kraken, Poloniex, OKEx, YoBit
Zignaly is a trading terminal that can be easily used 24/7 hours. It has integrated mining Hamster (crypto market monitoring service) and crypto quality signals for trading.
Features:
Price: Free
Exchange: Binance, KuCoin
Trade Santa is one of the best crypto trading bots that enables you to manage your risk with ease. This application allows you to choose the strategy that suits your trading style. It enables you to set your target profit amount and close the deal at the right moment.
Features:
Price: Free
Exchange: Bitttrex, Binance, HitBTC, Bitfinex, Upbit, Huobi
Bitsgap is one of the best bitcoin trading bots that enables you to manage your crypto assets with ease. This application can analyze more than 10,000 crypto pairs and detects coin with the shortest potential. It enables you to create your bot strategy with a few mouse clicks.
Features:
Price: $19/month
Exchange: Binance, OKEX, Bitfinex, HitBTC, Bittrex, Huobi, Exmo, Kucoin, CEX.IO, Kraken, Poloniex, Livecoin, Coinbene, Coinex, Gate.io, Bitstamp, Liquid, Gemini, Bit-Z, Yobit, DDEX, Bithump, Bibox, BigOne,
Mudrex is a one of the best crypto trading bots that enables you to build a strategy with ease. It enables you to figure out good and bad investments. This app allows you to choose between reward and risk that suit your need.
Features:
Price: Free
Exchange: Binance, Coinbase Pro, OKEX BitMEX, Deribit, Bybit
Quadency is a digital asset management application that provides an automated trading solution for both institutional and retail traders. It streamlines the process of investing in cryptocurrencies.
Features:
Price: Free
Exchange: Coinbase, Poloniex, Kraken, Bitfinex, Bittrex, Binance, KuCoin, OkEX Liquid, and Gemini
Kryll.io is one of the best crypto trading bots that helps you to create a strategy with no skills. It connects directly with exchanges without needing APIs approval rights. This application can be used from tablets or smartphones.
Features:
Price: Free
Exchange: Binance.us, Binance, Bittrex, Bitstamp, Kraken, HitBTC, Liquid, KuCoin
Haasonline is one of the best crypto trading platforms that enables you to trade on more than 16 bots. It offers 50+ technical indicators, insurances, and safeties that can be used to create complex strategies.
Features:
Price: 0.017 bitcoin for three months
Exchange: Bitfinex, BitMEX, Bitstamp, CCEx, Bittrex, Binance, Deribit, Gemini, Huobi, Kraken, ionomy, Coinbase Pro, HitBTC, CEX.io
Shrimpy is a social trading platform made for cryptocurrency. This application has automated trading strategies that help you to improve performance and reduce risk. It helps you to build portfolio strategy, track performance, and monitor the market.
Features:
Price: Free
Exchanges: Coinbase, Poloniex, Kraken, Bitfinex, Bittrex, Binance, KuCoin, OkEX Liquid, and Gemini
Coinrule is an automated trading platform that enables you to trade for Binance, Kraken, Coinbase Pro, and more exchanges. This application offers 130+ trading strategies templates.
Features:
Price: Free
Exchanges: Bitfinex, Liquid, HitBTC, Binance US, BitMEX, Bitpanda Pro, Binance, Bitstamp, Coinbase Pro, Bittrex, Kraken, Poloniex
HodlBot is one of the best bitcoin trading software that enables you to create a custom portfolio with ease. It allows you to create a portfolio with more than 350 coins. This application offer enables you to manage your bot using a user-friendly dashboard.
Features:
Price: $3/Month
Exchange: Kucoin, Binance, Kraken
Link: https://www.hodlbot.io/
Gunbot is a customizable trading bot that supports more than 100+ exchanges. It enables you to customize your strategies. This app allows users to create unlimited bot instances.
Features:
Price: 0.02
Exchanges: Binance, Bittrex, Binance US, Bithumb, Bitmex, Bitfinex, Bitmex Testnet, Coinbase Pro, HitBTC, Huobi Global, OKEx, OKCoin, Bitstamp, KuCoin, Poloniex, Cex, Kraken, Coinex
Link: https://www.gunbot.com/
Crypto trading bots are automated software that helps you to buy and sell cryptocurrencies at the correct time. The main goal of these software is to increase revenue and reduce losses and risks. These applications enable you to manage all crypto exchange account in one place. Many such programs allow you to trade for Ethereum, Litecoin, Bitcoin (BTC), and more with ease.
A well-executed bot can conduct many functions for you like portfolio management, rebalancing, smart order routing, data collection, etc.
Here are the points you should exactly improve with trading bots:
In case if you have to conduct hourly rebalances, then you will get two options:
The entire route needs to be finished within a specific time and the condition of the market. A wisely chosen trading bot can help you to automate complicated and impossible strategies with ease.
Here are the important points that help you to pick the best crypto trading bot:
It depends on various factors. Most of the trading bots have a claim to achieve a high success rate that will work fine. However, sometimes, this will not be appropriate when the market condition is not favorable. It always better to create a bot based on your own trading style and convenience.
Trading bots are simply software; therefore, there is no guarantee of profitability. There are also many risks associated with automated platforms and trading bots. You need to understand that trading bots are commonly designed for traders, not investors. They are also not appropriate for people new to crypto trading.
Yes, a trading bot is completely legal in cryptocurrency and the stock market (although only certain brokers allow it). Anything that is illegal under normal circumstances is illegal also for cryptocurrency trading.
Here are the important types of best Crypto Trading Bots:
You can file taxes for crypto bot trading by just importing trades from exchanges to your cryptocurrency tax software. It is ideal that you are aware of the total number of trades the bot will make. Trading bots having high frequency may allow numerous trades per day.
It can result in tens or thousands of transactions. However, most of the tools can handle such trading on the crypto tax plan.
Following are the way to create a crypto trading bot:
Here are the important points to select your crypto trading bot:
How credible is the team:
Incase if you are going to trust a bot with your portfolio, then ensure that the team behind it is as qualified and credible as possible. This can be done with a single checklist:
You have to ensure that the team remains transparent about their development. This way, they can be kept responsible for their actions.
Check your bot is using the strategy that you have to implement:
You should find out which bot will align with your strategy which is especially important. You have to look over the website of a bot and read the guides and reviews written by other people. Furthermore, you should also know how it can be helpful to configure bot. If you are not technologically inclined, it does not make any sense to subscribe bot.
Know how your team is providing strong support:
The next thing you need to check is the level of support provided by your development team. This can be done by following the below checklist:
How expensive is it:
You have to check the pros and cons before actually using it. This will help you to save your time and money. You can also go through the free services given by any trading bots and compared with paid ones.
Check is it possible to adjust the bot according to market conditions:
Bots execute strategies in their own way so, sticking to a particular approach will require to see your bot is running satisfactorily or not. This way, you will not lose your investment due to poor strategy execution.
Finally, check whether it is easy to use or not.
People who are new in crypto trading, they have to go through the following points:
Here are the pros/benefits of using trading bots:
Here are the cons/ disadvantages of using trading bots:
Name | Link |
---|---|
Cryptohopper | https://www.cryptohopper.com/ |
3Commas | https://3commas.io/welcome |
Zignaly | https://zignaly.com/ |
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