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. 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.
Trading bot bitcoinBest Crypto Trading Bot - Top 17 Bitcoin Trading Bots Reviewed
We scoured crypto review forums, as well as more general review sites like Trustpilot. For a crypto bot to make it on our list, the majority of its users had to be satisfied.
As of now, there are currently , registered users and 26 supported exchanges. Recently, 3commas has collaborated with Binance. Under the broker program, you can create a free Binance account and utilize tools from the 3commas platform. When you purchase the 3Commas Pro version, you will also receive access to a free trading course. Since our last update about top crypto bots, 3Commas has reduced the price of all of its subscription levels.
Note: 3 commas offers free 3 days FULL access and ability to use it for free. Gunbot also known as Gunthy boasts of over active traders. Instead, you install software, which collects no data about your usage. Payments are accepted through Bitcoin, Litecoin, Ethereum, and Dash.
Gunbot offers four price packages depending on the features you want on the bot. Cryptohopper is a cloud-based crypto trading bot that works with a wide range of exchanges and coins.
Crypto Hopper offers speedy automated trading and portfolio management for over cryptocurrencies. The cloud-based bot currently has over , users. The more points that are gathered, the more benefits users can earn. For instance, they can get discounts, become a marketplace seller, and earn cashback credits. Read Full CryptoHopper Review 4. TradeSanta is a new cloud-based tool but with an already established reputation.
Along with supporting basic order types, automated bot can execute more advanced strategies. However, some functionality may take a lot of time to get accustomed to. TradeSanta might not have as many features as other entries on this list — however, you can do quite a bit for free, and its services are high-quality. TradeSanta has also made some Quality of Life improvements, including stability improvements and increased site speed.
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. 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?
Coinrule 2. Shrimpy 3. Cryptohopper 5. CryptoTrader 6. Zignaly 7. BTC Robot 8. Gunbot 9. Haasbot Zenbot Final Thoughts. In this article, we have brought together 10 of the best bitcoin trading bots. It also never closes. A bitcoin trading bot can help to mitigate some of these risk factors. It is important to remember that a trading bot is not a silver bullet.
Pros They eliminate emotion. Cons They need monitoring. Things to Consider When Choosing a Bitcoin Trading Bot Reliability One of the key attractions of a bot is its ability to continue trading around the clock. Check its reliability by reading reviews from other users. Look for one that has a good track record for security.
Ease of Use Most users want a bot that will make trading easier for them, so look for one with an intuitive interface that suits your level of expertise. Profitability A bot is only effective if it is consistently achieving profits for its users.
Before investing in a bot, you should read reviews to assess its success rate. Price Some bots are available for free, while others will come with a significant price tag. Shrimpy Fee: A free package offers access to portfolio tracking features. The bot supports some of the main exchanges, including Kraken and Binance.
More experienced users can programme the bot according to their own strategy. CryptoTrader Fee: Starting from around 0. Gunbot Fee: Starting at 0. But for those who are interested in trading bots, PRO is a must because composite bots make life so much easier.
This platform is noncloud, meaning you can download the software and run it on your computer. All Gunbot plans are one-time payments and with a lifetime license and support. The software has an intuitive interface, making it userfriendly, all exchanges are available and the community is active and supportive. GunBot is a well-fit trading terminal and cryptocurrency trading bot for those who want to automate their Bitcoin trading, with lifelong desktop software and license.
Unlike other platforms, Gunbot is not subscription service, instead, all purchases come with lifetime licenses and desktop applications. This way no API key data ever leaves your computer, and nothing gets shared with third parties. Purchase GunBot lifetime license! This includes multiple trading strategies, backtesting abilities, a marketplace with a variety of signals and more.
Cryptohopper is a great software for those looking a variety of methods to manage their trades but not interested in complicated systems or coding itself.
The main feature that separates Cryptohopper from its competitors is the ease of use, after logging in the dashboard is ready and set up in less than 5 minutes. For serious traders using Cryptohopper, we suggest the Hero package, however, beginners can do just well with Explorer, and note that there is a Free 7-day trial as well.
This platform has it all providing you an endless amount of tools and possibilities to manage and execute your trading plan. The only downside of this software is that it is expensive and not beginner-friendly.
HaashOnline is one the most feature-rich bots in the market, because of its developer-friendly environment, meaning if you got the skills, you can script anything on it. HaashOnline is relatively expensive, however, the price comes with quality and almost unlimited resources to flourish your creativity when it comes to automating Bitcoin trading strategies. Get started with HaasOnline!
Quadency is a new advanced cryptocurrency automation terminal based in New York. The platform offers a variety of automation from ready-made market maker bots to Tradingview integration and python scripting tools. Quadency has ongoing offers live at any given moment allowing new traders who connect existing exchange accounts to acquire up to 6 months of the FREE pro plan.
Simply connect your exchange such as Binance, and your account will automatically be upgraded to pro! Sign up on Quadency and obtain 6 month of free pro plan! The platform also has an advanced trading terminal, in case you are familiar with that.
Try Zignaly free for 30 days! On top of this Kryll has really simplistic user-friendly UI for automating your trades, so no coding is required or whatsoever. Unlike many other tools, Kryll is not a subscription-based platform, and instead, whenever you use the strategy of your choice, you will be charged a fee.
The software can be installed on all machines including Raspberry PI and on all major operating systems such as Windows, macOS, and Linux. Get started with Gekko! Zenbot can be modified to suits your needs, and it can be set up on all major operating systems. Download Zenbot! Sign up now on WunderBit! The platform supports all major Bitcoin exchanges, has backtesting tools, and strategies can be bought and sold in the open market.
The platform makes it easy to set up a bot in minutes, and notifications alerts can be activated on email, and SMS.