Below given are the few pointers to choose the best Bitcoin trading bot – One of the most important features while considering a Bitcoin trading robot is its reliability. This is very important because, for every business that goes online, trust is an important element of success. Dec 11, · 3Commas is one of the most well-known bitcoin trading software bots in the market. The name referencing the billion-dollar club is a Russian made software solution. 3Commas is a crypto trading terminal which features bot trading and portfolio management. 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 .
Best bitcoin trader botBest Crypto Trading Bots – Automated Crypto Profits!
All investor transactions are protected by bank-grade security protocols with multi-layered SSL encryption and unassailable firewalls. For this purpose, a feature-rich one-click calculator is offered. The project has already managed to build a passionate community on Telegram, Facebook, Instagram and Twitter. Traders can go to Kryll's market place to engage with the community and buy turnkey strategies from high-profile traders.
Another advantage of this trading bot is that it is cloud-based, which means that there is no need to install any software on your computer. Kryll offers a pay-per-use model for its clients for live trading. Users are billed in KRL tokens. Bitsgap is an EU-licensed cryptocurrency trading bot platform. It works with 27 crypto exchanges including Binance, Bitfinex and Kraken. Bitsgap offers a transparent automated trading experience since traders can see the stat history of both active and closed bots.
Every bot by Bitsgap is checked by a Backtesting feature, i. A powerful trial mode is one more striking advantage of Bitsgap: a day trial period is available with all subscriptions. Bots by Bitsgap can be adjusted manually, semi-manually and automatically.
Moreover, trading strategies and statistical data are visualized brilliantly, creating an unmatched level of market process understanding. There is no shortage of Bitcoin trading bots on the maturing cryptocurrency market that can suit both novice and seasoned traders. DAXrobot stands out among the rest of trading bots because of the high returns it offers to its customers. Margin formerly known as leonArdo is a fully automated platform for trading cryptocurrencies.
It is easily recognizable because of its good GUI and a visual editor. There is a ping pong bot for simply setting a static buy and sell price and a margin maker for advanced strategies.
Zignaly allows you to place your positions directly to exchange without logging in. This Spanish bot has a cloud-based interface, which means that there is no need to update your software. Built by seasoned cryptocurrency trading experts, Arbismart ensures an intuitive and seamless arbitrage experience.
Its automated multi-platform system rapidly creates the best arbitrage strategy to balance minimum risks with impressive profits.
It offers a Smart Investment Calculator to help users to estimate their profits from depositing money into Arbismart. A lucrative partners program offers additional opportunities for affiliates and bounty hunters.
Kryll is a cloud-based trading platform that uses a pay-per-use model instead of requiring traders to purchase monthly or yearly subscriptions. Users can create their own strategies with the help of an intuitive editor and later backtest them for free.
The platform offers access to a marketplace where users can rent out strategies from other experienced traders. Bitsgap is a powerful automated trading platform with an intuitive interface.
Supporting 27 exchanges all of the top trading environments included! Trading strategies by Bitsgap are backed by Backtesting analytical instruments to ensure the best profitability and risk management. Bitsgap bots are customizable and can be tested in a day free trial.
New traders can seamlessly create a new bot with Toronto-based 3Commas because of its easy-to-use GUI. Its SmartTrade terminal allows setting up bots with various trading parameters. It stands out from the crowd by being the very first decentralized Bitcoin trading bot that is also powered by AI. However, Autonio can still be a good option for absolute beginners with no experience in coding. AutoView functions as a simple browser extension, which can automatically perform trades on supported exchanges based on TradingView alerts.
The beginner-friendly bot is available for free on a limited list of exchanges, including BitMEX, Deribit, Gemini, and some other exchanges. As the name suggests this cryptocurrency trading bot only offers automated trading in Bitcoin, but it accepts deposits in numerous digital assets. It also allows setting up an automated trading gateway for your business. BTCrobot is one of the longest-running Bitcoin trading bots out there with its website being up and running for six years. CryptoHopper is yet another cloud-based robot on U.
Back in October, the company introduced an arbitrage bot that allows making money off price spreads on different exchanges. CryptoTrader is one of the old-timers on the market that was around even during the existence of the now-defunct Mt.
Gox exchange. This open-source crypto trading bot is an affordable Bitcoin trading bot that features a slew of strategies for different for both conservative and risky trading styles. It should be noted that traders should not fall victim to a similarly-looking scam with a similar domain. Hence, you have to make sure to type cryptotrader. DeepTradeBot is an AI-powered trading bot that merges the benefits of machine learning and neural networks.
DeepTradeBot is designed with an intuitive UI, so it's also suitable for newbies. Its performance uses four main methodics: high-frequency trading, arbitrage trading, algorithmic trading based on technical indicators and trading based on fundamental analysis. Other tools include backtesting to compare your strategy with historical results and social trading, which allows the user to follow and copy other traders on the platform. Visit Shrimpy. Its key feature is the ability to backtest strategies on the portfolios of other traders.
This allows you to learn from the successes of the best traders on the platform and incorporate their approach into your own strategy. Visit 3Commas. Another cloud-based bot, Cryptohopper is easy to set up and start trading with a range of cryptocurrencies. One notable feature is the ability to integrate with professional traders and trade in line with their trading signals.
Cryptohopper works with most of the popular exchanges. Visit Cryptohopper. This cloud-based bot offers a marketplace where users can buy and sell trading strategies, along with backtesting tools. It also provides text and email updates on the market throughout the day and is supported in most of the major exchanges such as Coinbase and Bitstamp.
CryptoTrader works best for users with some knowledge of coding, although less experienced users can access a variety of free or paid for strategies. Visit CryptoTrader. With no limits on the cryptocurrencies you can trade, Zignaly offers a high level of freedom. Another attractive feature is the ability to follow professional traders and integrate their analysis of market fluctuations.
The bot only supports Binance and KuCoin at present but developers promise that other exchanges will follow soon. Zignaly prides itself on its transparency and users can easily communicate with the developers, as well as taking advantage of a day free trial.
Visit Zignaly. When it first launched, it was bitcoin only, but can now be programmed to trade other cryptocurrencies. It also works with many exchanges. Visit BTC Robot.
It can be used to trade with a variety of cryptocurrencies and supports most of the large exchanges, including KuCan, Kraken and Bitfinex. One of its key features is the ability to access a number of bots that can trade with different currencies and on different exchanges at the same time. This bot requires more input from the trader than some of the others on the market so is more suited to those with a good knowledge of the bitcoin market.
Visit Haasbot. Zenbot is an open-source trading bot, so the code is available for traders to download and modify for free. As there is no user interface, it does require technical skills, but it provides access to ready-made strategies as well as features such as paper trading — simulated trading which allows users to try out strategies in real-time. Zenbot can handle high-frequency trading and supports several cryptocurrencies alongside bitcoin.
Visit Zenbot. A bitcoin trading bot can never completely replace a human trader but, used correctly, it can reduce some of the risks and help you to trade more efficiently and effectively.
With so many bots now available, it is easier than ever to find the tools you need to automate your trading according to your personal preferences and level of experience. WikiJob does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Past performance is not indicative of future results. Investing involves risk including the possible loss of principal. The 10 Best Bitcoin Trading Bots What Is a Bitcoin Fork?
Traders with more experience can also take a manual approach, by configuring sales based on multiple technical indicators. Next, to this, Cryptohopper offers to backtest, trailing stop loss including features to let your bot only sell with profit , ability to trade using multiple exchanges and generally pleasant user interface. Most of the crypto trading bots are capable of doing what you configured them to do.
However, in a market as volatile as the crypto market, one needs to be ready to adapt to the sudden change in market conditions. This is where one would need a smart trading bot like the 3Commas trading bot. You might think that no trading bot can be smart enough to adapt to the changing market conditions. However, the 3Commas bot comes with a unique feature called the trailing loss and trailing profit. When using any other trading bot, you would be able to set stop losses to avoid the overall loss and take profit to secure the profit that you made.
However, if the coin goes on to perform better after the bot sold your position, there is no going back.
The trailing feature offered by the 3Commas bot helps to achieve exactly that. The bot will analyze the market conditions and will make sure to sell your coins at the right time. Thus, ensuring the maximum return of your investment. This feature that allows the bot to act quickly to the changing market conditions makes the bot special. Apart from this, the 3Commas bot provides all the features that you can see on a normal trading bot such as stop loss, take profit, automatic trade, etc.
The bot is hosted online which makes it available always. You can access the bot from any internet connected device by visiting your account on the website. The bot can be paired with 13 of the most popular crypto exchanges including Binance, Kucoin, Bittrex, etc. Given the current bearish trend in the crypto market, it has become very hard you anyone to make money. So, why not give the 3Commas bot a try and see how it can help you generate income even in a bear market. Although the cryptocurrency trading bots are still in its initial stages of development, there is a free beta version of the trading bots available for use.
Even though it is quite new in the market, people have readily opted for the Zignaly bot. The completed version will be available to the users for a chargeable fee. One amazing thing about the Zignaly trading bot is that it can be integrated seamlessly with TradingView. Thus, the Zignaly bot can be used to execute the various trading strategies directly on Binance. While the current support for the exchange on the beta version lies only with Binance, there are plans to include other exchanges in the near future.
There are some unique features which have been integrated into the trading bot by the developers. These include no limit on the pairs that you can operate on and an option to edit the positions as and when you choose. These have made trading quite a lot easier since there is no need to upgrade to any Pro version to enjoy the features such as the ones mentioned above. The Zignaly bot also prides itself on transparency.
On the official website for the Zignaly cryptocurrency trading bot, there is detailed information about the founders and the rest of the team along with their various social media profiles so that the users can connect with them directly. The aim of the developing team is to provide the users around the world with a trading bot that is available on all major exchanges.
The developers have created a user-friendly ecosystem on the bot, offering quite a lot of features in the beta versions and bringing a lot more in the complete version. They offer algorithmic crypto trading bots supported on the major Cryptocurrency exchanges like Binance, Bitmex, Kraken, Bitfinex, Bitstamp, Okex, Bitpanda and so on.
The bot has a super user-friendly interface, and our users love this simplicity. This makes it easy for beginners to get started. You will be able to pilot your trading bot from your smartphone and change your budget allocation in total freedom. For high-frequency trading, they have developed hourly strategies that are very promising, during the recent crash has responded incredibly. More importantly, your money never leaves your wallet. It cannot be safer than this! You just need to connect the bot via API giving permission to trade on exchanges.
This new-age trading bot is definitely worth a try for both savvy and new crypto traders. Most of its users think that the BB strategy is the best and will rake in huge profits for them. This trading bot, however, comes with 3 package plans that vary in price.
The prices range from between 0. Gunbot is on several cryptocurrency exchanges including Poloniex, Kraken, Bittrex, and Cryptopia. When using this trading bot, you are advised to pay keen attention to your trade. Well, the trading bot is configured to deal with the volatility in the market.
In case of the volatility spikes, you should turn it off. Gekko will always be among the top of the list. It is by far the most popular — probably because it is a free Bitcoin trading bot. It can be downloaded from the GitHub platform relax, you do not need to be a tech guru to navigate this platform. But if you need some help, there are numerous YouTube videos to show you how to go about it. Gekko is an open source piece of software that is constantly being improved upon by talented developers all around the world.
This trading bot is supported by most cryptocurrency exchanges including Bitstamp, Poloniex, and Bitfinex. Gekko is easy to use, fully automated an straightforward. For newbies in the bitcoin industry, learning the ins and outs of this trading bot will be the least of your worries. The software comes equipped with essential trading features. These features include a web interface that is designed to monitor your trading strategies and data. Also, the bot can run on some backtested data and help you visualize the trade results.
The bot is designed to run on most major operating systems including MacOs, Linux, and Windows. The bot can also keep you updated through telegram, email and other social platforms.
However, you should bear in mind that Gekko is not a high-frequency trading bot and as such, it does not execute the so-called arbitrage trades. This is yet another free bitcoin trading bot. Like Gekko, it is an open source bot. Zenbot has been created using artificial intelligence. As such, unlike Gekko, it can exploit the arbitrage opportunities and execute the high-frequency trades.
Additionally and this is a huge plus for this trading bot , the software can perform multiple cryptocurrency trades at the same time. The developers of this trading bot maintain that they still are working to improve on the bot and in future, it will be supported on all exchanges available.
This is a trading bot that was created by HaasOnline back in the beginning of It not only trades Bitcoin but altcoins as well on the various exchanges.
While this trading bot is designed to analyze the market information on your behalf, it requires some input to act upon regarding the trade execution.
The bot is customizable and comes equipped with some technical indicator tools. To get the best results, all who decide to use Haasbot should be fully committed to the course. This trading bot costs about 0. This is by far one of the most popular Bitcoin trading bots among traders.
It is for the most part cloud-based which means that it does not require installation on a physical computer and can be modified by its user for ample and rewarding results.
Algorithmic trading modifications can be made to the bot in a few minutes. The modifications are simple to make, and any newbie with a little guidance can hack the process. It is worth pointing out that the Crypto Trader comes with a strategy market feature.
This feature allows you to trade strategies with other traders.