Crypto market is not like stock market, which run for only 6 to 7 hours a day. It never stop!!!
So here, opportunities for earning are more. But you cannot grab them all on your own. Because of high volatility and less coverage in market research you can lose your money.
Trading bots works on trading strategies as per market moves, and can help you avoid emotional risk in trading; by those, you can grow your profit more.
What is Crypto Bot Trading?
Crypto bot trading is the trading which operates by automated crypto robots (Software). Means there is no human inputs require for trading.
Trading from bots can run 24×7 and you can earn profit while you are sleeping. These Crypto Trading Bots are the autonomous software which automatically operate all the manual function required for trading.
Because of crypto market’s round the clock operation, it is hard for humans to act on price movements at any time.
That’s where crypto bots help you. In crypto bots a set of pre-defined trading rules present, that can operate trades in the most efficient way.
When the condition for a trade met with the pre-set rules of bot, it will execute that trade.
Because of crypto market’s Notorious movement, bots generate better profit than humans. Chances of emotional or sentimental errors can also avoided by crypto bots, which are more common problem in humans during trades.
At present 70 to 80 % trading in crypto markets are done by Crypto bots.
“All of the below listed crypto trading bots offer free trading modules, so make sure you first visit and learn about them. Many of them provide demo trading to understand their performance. So you should check that first before investing lot of money.”
Best Crypto Trading Bots
Here I am listing 23 best crypto trading bots. You can choose one among them by checking their Feature, Subscription Plan and which Exchanges they support.
1. 3 Commas
3 Commas stablished in 2017 and widely popular among beginners and as well professional traders.
· 3 commas popular among beginners because of its paper-trading feature. Where you can plan your strategies without investing real money.
· It offers a smart trading terminal to trade with multiple crypto exchanges.
· You can trade for other’s account also like your family, friends or clients.
· It offers TTP (Trailing Take Profit) features, which means it books profit on different levels to minimize the risk of loosing profit.
· 3 commas user friendly interface make it easier for trading. Which include sliders and indicators to operate different strategies on single screen.
· It has its own preinstalled strategies for auto trading and also available to modify as per users requirement. You can create your own trading bot strategies.
· It has Margin Trading feature to trade with larger trade amount with low investment.
· It has its own Trading Diary feature, where you can write your trading plan for the day and other details.
· 3 commas platform provide Copy Trading feature to trade with others trading capability.
· It provide facility to withdraw your money in USDT and BTC.
· You can connect with other traders to understand the crypto market and trading strategies better.
· It have some trade execution features like Take Profit, Trailing Take Profit, Stop Loss, Trailing Stop Loss etc.
· It has 2FA security feature to protect your invested amount, also bots can’t withdraw your money.
· Deposit can be done by Credit Cards, PayPal and Bitcoin.
· You can trade with options like Single Pair & Multiple Pair, which means you can trade in multiple crypto options at same time.
Binance, FTX, Huobi, OKEx, Bybit, Gate.io, KuCoin, Kraken, Bitfinex, Binance US, Gemini, CoinBase Pro, Poloniex, Cex.io, BitMex and some others.
Free plan- one Grid and options Bot, No paper trading facility
Starter Plan – $14.5 (best suited for beginners)
Pro – $49.5 ( for professional Traders)
It also provide 3 days free trial to experience all the features of 3 commas Pro plan.
Pionex is a crypto exchange, which provide 16 inbuilt bots for automated trading.
· Pionex aggregate liquidity from Binance and Huobi exchanges. Means you can liquidate your funds from these exchanges to Pionex.
· Pionex provide 16 free trading bots for automated trading.
· Trading fee is lowest as compare to other bots (0.05% per trade)
· Pionex itself a Exchange so you don’t have to link trading bot to exchange.
· Margin trading facility available in Pionex trading bot.
· It have some trade execution features like Take Profit, Trailing Take Profit, Stop Loss, Trailing Stop Loss etc.
· Some of its best auto bots are- Grid bots, leverage bots, margin bots, Reverse grid bot etc.
· In Pionex Lite you can buy Bitcoin & Ethereum by USD.
· Pionex is extremely safe and uses high-level encryption to regulate transactions and secure your funds.
Binance, Huobi Global
Free (0.05% trading fee)
Cryptohopper trading bot launched in 2017 and now it is one of the top pics in trading bots.
· In Cryptohopper you can trade unlimited pair of cryptocurrencies.
· Cryptohopper has Arbitrage bot, which can let you execute trades in different exchanges to gain profit from price difference for same currencies.
· You can purchase strategies of other traders from its inbuilt marketplace.
· Trading experts can create templets of strategies and traders can just plug in with those templets and use their strategies on same platform.
· By its triangular Arbitrage bot you can make profit from multiple pairs on the same exchange because of their price difference.
· Cryptohopper has 130 indicators on chart to create your own trading strategy.
· You can use its copy trading feature to make profit by experts strategies.
· You can learn trading strategies by using its Paper Trading feature.
· Cryptohopper provides everyday a new strategy, which is best suited for that day.
Binance, Huobi Global, Coinbase pro, Kraken, Bittrex, Poloniex, Bitfinex, Binance.us, Kucoin and some others.
Pioneer – Free plan
Explorer – $19/ month
Adventurer – $49/ month
Hero – $99/ month
4. Stacked Invest
Stacked Invest bot offers automated crypto index trading. Which means you can trade in crypto indices also with automated bot on this platform.
· It is a beginner friendly trading platform, which offers inbuilt strategies to plug in and trade.
· Stake invest bot automatically setup the stop loss and take profit point, which help in reducing the loss and generate better return.
· You can manually setup the stop loss and take profit point.
· Stack have many trading indicators which helps you in better results of trades.
Binance, Bybit, FTX, Bitfinex, Okex, Bitmex and some others.
Stacked Lite – Free plan
Stacked Premium – $8.5/ month (Now Free for limited period)
Bituniverse is the simplest and easiest trading bot which offers both manual and auto trading options.
· Bituniverse is a free trading bot.
· You can just connect your API keys on exchange, and start to use the automated trading robot for free.
· It has the most innovative and easy-to-use digital currency grid trading bot.
· It serve more than 600k traders and a trading volume of $50M+ daily.
· It helps you conduct trading among over 6000+ cryptos including BitCoin, ETH, and DogeCoin.
· You don’t need to be an expert who has a good knowledge of programming and trading strategies.
· BitUniverse has military-grade security and encryption, and the safety of your funds in exchange is strongly ensured.
· It support grid trading, intelligent tracking, as well as taking profit and stopping loss strategies, etc.
· It have 16 trading bots. And have more than 6000 crypto coins to trade.
Binance,Huobi,CoinbasePro,Pionex,FTX,KuCoin,OKEx, Bithumb,Gate.io,Bitfinex,Poloniex,Bittrex,liquid,ProBit, BigONE, Indodax,Lbank,Bitbns,Bitget,Bybit,BitoPro,Global,HBTC, Hydax,MEXC,ShuBao, and some others.
Subscription Plan- Free
Hassoline is a PC based bot which is available for windows, Linux and Mac.
· Haasonline have a variety of bots like Arbitrage bot, flash bot, trend line bot, advanced index bot and trade bots, which helps you to trade with any kind of strategies you want.
· It provide you its video tutorial to understand its bots working.
· It have its simulated paper trading option to understand auto trade with no real capital involved.
· It have leverage automation to minimize mistakes during trading.
· Its robust backtesting engines allow you to refine your trading bots using historical data and establish the best combination of parameters to buy or sell.
· One of its bot Ping Pong helps you in scalping trades.
· To minimize your risk it offers zone recovery bot for your open positions.
· It has Zero trade fee.
Binance,Binance future, Binance US, Bitfinex, Bitrex, CEX.io, FTX, HitBTC, Kucoin, Kraken and some others.
It only accept Bitcoin
Beginner – 0.009 Bitcoin/ Yr
Simple – 0.016 Bitcoin/yr
Advanced – 0.026 Bitcoin/yr
Quadency is an asset management solution in crypto market which is best suited for retail and institutional investors.
· It came up with excellent portfolio management for all the leading crypto wallets.
· It have many automated bots like Grid bot, Portfolio rebalance, Market Maker, smart order Accumulator and some others.
· Its chart have 1000+ indicators like Bollinger Bands, MACD, Dual Moving Average Crossover, Mean Reversion, Multi-Level RSI and many more.
· In its Grid trading bot you can place multiple purchases and sets limit orders on grid lines around the current price. And with the fluctuation of price within the grid, orders are automatically replaced.
· In Market Maker bot orders are automatically placed for different strategy when you hit the stop loss.
· In Accumulation bot, an asset is accumulated at a certain level.
· In Quadency you are allowed to create your own bot in Python language.
Binance, Huobi, Indodex, Binance future, Binance US, Bitfinex, Bitrex, CEX.io, FTX, HitBTC, Kucoin, Kraken and some others.
Lite plan – Free
Pro – $39/ month
Unlimited – $79/ month
Mudrex is a crypto investment platform with automated bots, which provide you no charges on loss benefit. It operated from India.
· It has the maximum number of indicators to make your strategies better, all the indicators are placed in alphabetic order to provide ease in applying.
· It has an Algo bot to minimize the risk in trades and improve your wining chances in trades.
· It has back test feature for one week to understand its all strategies.
· It have its “performance score” to identify the strategies past performance, which is in between 0-10.
· You can choose bots by sort-out them with their past performance basis.
· Its best feature is “Pay when you Earn”, You do not have to pay when you are not making any profit in a trade. The trading fee for lost trades are refunded in your account.
· Its support team is very good in comparision to others.
· Its simple design, variety in payment options and no trading fee for lost trades makes it better than others.
Binance, Coinbase pro, OKEX, BitMex, Deribit, Bybit, Huobi, Indodex, Binance future, Binance US, Bitfinex, Bitrex, CEX.io, FTX, HitBTC, Kucoin, Kraken and some others.
Pro – $19/ month & $16/month (for annual subscription)
Bitsgap is the auto trading bot which come up with Cloud feature, so you don’t have to worry about its new updated versions and no need to install it.
· Bitsgap provide you 10000+ pairs of crypto assets.
· Its cloud feature is compatible with mobile phones also.
· It’s a secure platform with RSA 2014-bit encryption and it does not have access to your funds.
· It have many bots like Grid bot, spot bot, Combo bot for future trading and others.
· Its classic bot strategy best suited when market is in up-trend.
· It provide you Backtesting feature to know the risk-reward of your set strategy before investing real money.
· It has several trading tools like take profit, limit market, Shadow order, and stop-loss to make your strategies work better.
· It has its unique portfolio-tracking feature, which helps you in finding your past trades easily when your number of trades are large.
Binance, OKEX, Bitfinex, HitBTC, Bittrex, Huobi, Exmo, Kucoin, CEX.IO, Kraken, Poloniex, Yobit, Coinbene, Coinex, Gate.io, Bitstamp, Liquid, Gemini, Bit-Z, Livecoin, DDEX, Bithump, Bibox, BigOne and some others.
Free trial for 14 days.
It have many payment options like Card, Paypal, and Bitcoin, Litecoin, Ethereum and altcoins
$19/ month – Trading limit of $25000 and 2 bots available
$44/ month – Trading limit of $100000 and 5 bots available
$110/ month – Trading limit of $100000 and 15 bots available
Coinrule provide you 130+ templets of preset strategies to Auto trade like a pro in this volatile market.
· Beside Coinrule’s 130 preset strategies you can create your own, Coding is also not required for that.
· It has many trading indicators like Relative strength index, Moving Average, Contrarain, trend following and many more.
· It has Demo Exchange and Backtesting feature to test your strategies on demo currencies.
· Its preset templets are portfolio take profit and re-buy, buy the dips with stop loss, Golden Cross Trading, accumulate with a take profit, range trading and RSI-based strategies.
· It comes with API based security to protect your funds.
· It provide you real time support system to build your strategies better and to resolve any issues on platform.
Binance, HitBTC, Coinbase Pro, Okex, Bitfinex, Bitstamp, Bittrex, Poloniex, Kraken, BitMEX, Bitpanda pro, Liquid, Binance US and some others.
Starter plan – Free (2 live rules, 7 templets, 1 connected Exchange, Monthly trade limit $3000)
Hobbyist plan – $30/ month – (7 live rules, 40 templets, 2 connected Exchange, Monthly trade limit $100000)
Trader plan – $60/ month – (15 live rules, All templets, 3 connected Exchange, Monthly trade limit $1 Million)
Pro plan – $450/ month – (50 live rules, All templets, Unlimited connected Exchange, Monthly trade limit $5 Million)
It is a cloud based Crypto trading bot, which provide you updates on latest crypto news on its platform.
· It is a copy-trading platform where you can just choose your best suited strategy for Auto trading.
· It have many Inbuilt trading bots for Day traders and professional traders like Altcoin bots, Pre built bots, AI bots, Trend following bots and much more.
· In its pro plan Napbots provide dedicated portfolio manager, performance based fee, complex algorithms and much more.
· You can choose multiple bots like index bot and dollar-cost Averaging bot to increase profitability.
· In its smart trading feature, you get Take profit, Stop loss, Trend following, Mean reversion and many other tools.
· It is about to launch its Dynamic Index feature for beginner level traders.
Binance, Kraken, FTX, BitMex, Okex and Bitpanda.
It provide you 7 day free trial for all its paid plans.
Silver plan – 19 Euro/month
Gold plan – 49 Euro/month
Platinum plan – 99 Euro/month
Tradesanta started in 2018 and available for both PC and mobiles with its very user-friendly interface.
· It provide preset and manual strategies for both long and short trades.
· You can place manual orders on multiple exchanges on a single screen.
· It provide you very user-friendly interface to understand better in both mobile app and PC software.
· It have many trading signals like Bollinger, MACD, RSI, trading view signal and many more to execute the trade at right time.
· It provides you Mirror trading facility, means you can purchase professional traders strategies from its own market place.
· Its Long and Short bots provide you opportunity to make profit in bot Bull and Bear Market.
· It provide you Leverage in spot and future trading.
· In its Demo account you can test your strategies before invest real money.
· In its Risk Management feature you get Stop loss, Trailing stop loss and stop signal to minimize your losses.
· You can calculate your estimated profit in its inbuilt profit calculator, which also takes trading fee into calculation to provide you exact result.
Bitfinex, Bittrex, Huobi, BitMEX, OKEx, UPbit, HitBTC and Binance
It provide you 3 day free trial for all its paid plans.
Basic plan – $14/month (with 49 bots)
Advanced plan – $20/month (with 99 bots)
Maximum plan – $30/month (with unlimited bots)
Shrimpy is a leading crypto management platform that allow you to copy strategies of top traders.
· In its easy Rebalancing portfolio feature, you can connect many exchanges and monitor them easily.
· In Shpimpy’s Backtesting feature you can use its pre set market data to optimize your auto trading strategies.
· It provide you copytrading feature to build your portfolio with pro traders help.
· Shrimpy trading bot has two modes –
Pick Assets- It let you select a specific asset with exact percentage of it.
Create Index- It allows you to define the parameters to create an index.
· Shrimpy auto bot offers you many features like rebalancing, dollar cost averaging, and stop loss for portfolio automation.
· It is a beginner friendly trading platform, which provide you experts learning modules and their strategies to copy them.
Gemini, Bitbox, BitMart, Huobi Global, HitBTC, OKEx, Bitstamp, Bitfinex, KuCoin, Binance, Binance US, Bittrex, Bittrex Global, Coinbase Pro, Kraken, Poloniex.
Starter plan – $15/month (You can connect 5 Exchanges)
Professional plan – $63/month (You can connect 10 Exchanges)
Enterprise plan – $299/month (You can connect 25 Exchanges)
Botsfolio is one of the simplest trading bot which is best fit for beginners. It require zero coding knowledge to setup a strategy.
· Botsfolio automatically Diversify your net investment into a mix of long term and short term strategies based on your financial goals and risk appetite.
· No trading and coding skills required because Botsfolio will scan the market 24×7 and automatically trade for you.
· You don’t have to build any strategy or configure trading bots, everything works on its own.
· Botsfolio asked you some questions to decide your goals and risk appetite, after that it diversify your investment.
· In Botsfolio’s inbuilt profit calculator you can check your financial goals. You just need to enter initial deposit amount, monthly deposit amount and risk appetite percentage.
· It uses many strategies for your invested amount like-
Value investment strategy– for long-term plan
Hedged trading plan– Mix of spot and future instruments
Futures trading strategies– mix of large cap and future strategies
Fixed income saving account– annual return of 6-8% with USDT
· You can connect your exchanges with ease.
Binance. Coinbase pro and FTX.
15% performance fee is charged quarterly on profits.
Botsfolio have 4 different plans as per your portfolio amount.
$1k – $3k plan – $5/month
$3k – $10k plan – $10/month
$10k – $50k plan – $15/month
$50k – $1000k plan – $20/month
Botsfolio accepts ETH,BTC, BitcoinCash, Litecoin as its payment options.
Botcrypto is a cloud based trading bot, which allows you to trade 24×7.
· By using visual editors you can create your own strategies, means no coding required.
· It has more than 25 indicators on its platform including RSI, BB, Exponential Moving Averages(EMA) and many more.
· Backtesting feature available to test your strategies before apply on real investment.
· You can check bot’s performances in real time like trades executed, unrealized and realized profits, win rate, and average profit per trade.
· Botcrypto have its own youtube channel to guide you on setup and strategies.
· It provide 24×7 customer support service.
Binance. Coinbase pro and Kraken.
Discover plan – Free ( No preset bots)
Bronze plan – $12.5/month (With 2 bots)
Silver plan – $37.5/month (With 5 bots)
Gold plan – $75/month (With 20 bots)
Custom plan – Ask them for price as per your requirements
Payments methods accepted on Botcrypto are cards, paypal, BTC, ETH, LTC.
Traility founded in 2019, It is an automated trading bot which provide you inbuilt python based coding editor.
· It has Backtesting feature to test your strategies before investing with real money.
· You can create your trading bot by-
Code Editor– Edit preset strategies with python.
Rule builder– you can build your bot by predefined strategies available in Trality.
· You can test this predefined bots by Paper-Trading feature.
· It has Drag and Drop feature, which is best suited for beginners to setup their bots without knowing python coding.
· The Code Editor is also compatible with others like NumPy, Pandas, Tulip, TAlib, etc.
· Because of its Cloud based application you can run your trading 24×7.
· You can set trading interval for 1m, 5m, 15m, 30m, 1h, 6h, 12h, and for a day.
· Your funds remain safe on your exchange. Trality bot will never touch them directly and only use official exchange APIs.
· When you create a profitable bot, you can put it on rent on its marketplace to earn money. Where other traders can use it to make profit.
Binance, Kraken, Bitpanda and Coinbase Pro.
Pawn plan – Free (Trading limit of 5k Euros)
Knight plan – 10 Euros/month (Trading limit of 25k Euros)
Rook plan – 40 Euros/month (Trading limit of 250k Euros)
Queen plan – 60 Euros/month (Unlimited)
Trality accepts ETH, Bitcoin, BitcoinCash, Litecoin as payment.
17. Wunderbit Trading
Wunderbit Trading is a cloud based automated trading platform, which provide you more than 8000 bots.
· You can manage multiple accounts in its single platform.
· In its Crypto signal marketplace traders can select any crypto signal of others and follow them.
· In Spread Trading feature, it guide you on selecting assets best suited for spread trading.
· It provides you many other trading features like Take profit, Editing in trades, Trailing stop loss and many others.
· In its Dollar-Cost averaging (DCA) feature, It improves position entry price of an asset. DCA strategy allows you to lower the market volatility and improve your overall position entry price of an asset.
· It have two options for you- Trader or Investor
Trader– If you choose Trader then you can even trade for others invested money, If they choose you. You will get commission on it.
Investor– If you want to invest money then you have to choose traders who will trade for you.
· Wunderbit provide you Easy, safe and precise cryptocurrency portfolio tracking tool. You can connect your exchange API and track the balances automatically.
· In Grid bot trading it works as an investment strategy tool that allows you to make profit by placing a series of long and short orders at set intervals around a set price.
Binance, Binance futures, FTX, BitMex, ByBit, Kraken, Kucoin, Deribit, Bittrex, Huobi, Bitpanda pro, HitBTC, OKEX, and FTX US.
Basic plan – $9.95/month
Pro plan – $24.95/month
Premium plan – $44.95/month
You can Pay with a payment card (Visa or MasterCard), PayPal, Crypto (10+), Apple Pay and Google Pay.
Superalgos is a Web 3.0 based open source platform, which is Incentivized the contributors for their trading guidance in form of crypto tokens.
By decentralized trading network and the help of millions retail investors, Superalgos is the futuristic trading bot in web 3.0 world.
To understand Web 3.0 and its uses you can check-
· Superalgos is a free sharing platform where you can share plugins for strategies, data, AI Models and workspace.
· Intelligent users can share their signals without revealing their strategies, and get Superalgos Tokens. Tokens rewarded on the basis of users following.
· Other users can use these trading signals free of cost on Decentralized network.
· Superalgos Social Trading App can be used on both desktop and mobile. Where users can copy the trading strategies of others for auto trading.
· Superalgos will enable the coordination of millions of crypto users within minutes because of decentralized network, with no intermediaries and no plugs to pull. The way investors interact with the markets will change forever.
· It work as a talent pool system, where Top Algo traders gives their best strategies to the beginner level traders on decentralized network.
· Superalgos Platform is a standalone software (because it runs on Web 3.0) that you run on your premises. So that you don’t need to trust third parties with your funds, exchange keys, strategies, or personal information.
· You will enjoy an ad-free experience with no collection of usage data, use all functionality for free with no tiered or gated access, and no premium plans. You own your datasets and your strategies… you’re the boss!
You can find Superalgo Token on Pancakeswap, Biswap and Linch.
Free plan – It is an decentralized talent pool, where you can use trading strategies of others for free.
Zingly provide you 24×7 auto trading facility at no cost to you. It’s a Free application, you will pay only when you make profit.
· You can invest as little as 1 dollar.
· Profit sharing is based on your invested amount, and divided among trader and users.
· No any hidden charges, you have to pay only when you make profit.
· You can copy several traders to minimize your risk at a same time.
· Zingly is best suited for beginners, who can leave their investment in pro traders hand and get good return.
· If you are a good trader and making profit quite well, you can contact Zingly to join into their professional Traders list.
· Zingly provide you Crypto Staking Facility on their platform to earn on your crypto portfolio by joining them.
You can learn other earning methods from here-
· Your funds are protected by the exchanges insurance, Its Internal Wallet is insured up to $5M.
Binance, KuCoin, BitMEX, FTX and VCC Exchange.
Its totally Free, You just have to pay only when you are making profit.
On Kryll.io you can test your strategies for unlimited times, there is no limit on that and its free.
· Kryll.io has its own MarketPlace, where you can rent or buy pro traders strategies and use them to make profit.
· On Kryll.io chart you will get Take profit and Stop loss indication of other traders, so it is easy to decide when to enter and when you should leave the trade.
· No coding required to built your own strategies, Its Drag and Drop Feature make it simple for you.
· Price Triggers, Candlestick Color & Pattern Analysis, Technical Indicators such as MACD, ICHIMOKU, Bollinger and much more are available on Chart.
· It is a cloud-based application which runs 24×7, without turning on your PC.
· Backtesting feature available at free of cost with no limits.
Binance.us, Binance, Bittrex, Liquid, Bitstamp, Kraken, HitBTC, Liquid, KuCoin and FTX.
There is no any subscription plan, You have to pay 1% of your traded capital.
Gunbot auto bot allows you to trade in most simplest way, you just need to enter the amount per trade and set a maximum number of buy orders.
· On Gunbot you can trade with more than 100 Exchanges.
· You can create unlimited bots to apply on your trades.
· In its Dynamic Grid Trading, Gunbot can sell of many trades at a time if there is a chance of better profit.
· It provide you 20 trading bots and more than 120 strategies to apply on your trades.
· You can select any amount of pairs to trade, there is no limit on that.
· In its trailing indicator, you get clear indication of Buy/Sell. Because of this indicator, trades are only placed when prices stopped moving in a certain direction.
· You can create your own strategies by coding or by make changes in preset strategies.
Binance, Bittrex, Binance US, Bithumb, Bitmex, Bitfinex, Bitmex Testnet, Coinbase Pro, FTX, Gunthy, Beaxy, Txbit, Mexc, HitBTC, Huobi Global, OKEx, OKCoin, Bitstamp, KuCoin, Poloniex, Cex, Kraken and Coinex.
Gunbot One plan – 0.002 BTC/month
Gunbot Standard – 0.0075 BTC/month
Gunbot pro – 0.0105 BTC/month
Gunbot Ultimate – 0.0175 BTC/month
Prices listed above are in Bitcoin, payment also possible with 300+ altcoins, stablecoins and PayPal.
Profittrailer software is available for every device like Windows, Mac, Linux and for mobiles also.
A modern intuitive Dashboard for both PC and Mobile phones, where you get a full overview of your trading and bot.
You can see the Buy/Sell signals on chart, which are based on market conditions.
You can switch between Exchanges during Trading.
More than 40 indicators to execute your trades on perfect time and to build your strategies strong.
You can share strategies and signals with other traders to build a stronger trading community.
Poloniex, Bittrex, BinanceUS, Coinbase PRO, Binance DEX, Huobi, BitMEX, Binance, Binance Futures, Bybit, Bybit Futures, Kucoin, Kucoin Futures, FTX and FTX Futures.
Paper Free plan – Free
Signals Addition plan – 30 Euro/month
Basic Plan – 49 Euro/month or 799 Euro for lifetime
Advanced plan – 69 Euro/month or 999 Euro for lifetime
HodlBot is a customizable crypto trading bot that enables users to index the market, create custom portfolios, and automatically rebalance their cryptocurrency portfolios.
· This crypto coin allows you create your portfolio with more than 400 coins.
· Dashboard of Hodlbot software is very user friendly and best suited for every kind of traders.
· Hodlbot have its own diversified indices, Investing in index is better than investing in a single coin.
· You can check any coins historical performance before creating your portfolio.
· HodlBot automatically rebalances your portfolio to keep it on track. Portfolio rebalances generally lead to risk mitigation and improved returns which is better for beginner level traders.
· You can change your rebalancing frequency, blacklist any coin in which you want to avoid trading, liquidate your assets anytime. HodlBot is highly customizable.
Binance, Kraken, KuCoin and Bittrex.
Its plans based on portfolio size, so that beginner level traders can join at low cost.
Portfolio value under $500 – $3/ month
Portfolio value $500 to $1000 – $6/ month
Portfolio value over $1000 – $14/ month
7 days Free trial is also available.
Conclusion: Which is the Best Crypto Trading Bot
There is not a single answer for this, All have different features and interface and you have to choose according to your trading style and your requirement.
I have listed some best Crypto Autobots and which category of user they fit best-
Pionex & 3 Commas– Best for all kind of Traders
Cryptohopper– Best for Day traders
Stacked – Best for Beginner level and Investors
Traility & Coinrule – Best for Algo Trading
However, All of the Trading bots have many features and every trader’s requirement is different, So you should try All of them first before start your trading journey.
You can try their free trials, no need to purchase their Subscription plan until you have made your decision.
Q. Do Crypto Trading bots really work and are they profitable?
Crypto Trading bots make your work easy, but there is no any surety in profit making.
It completely depends on your strategies, which kind of strategy you are using in which kind of market is very important.
Like some strategies work in volatile market and some are best suited for sideways market.
All the bots claim that they can work 24×7 and you don’t need to worry about trading, just sleep and earn profit. But this is not true.
You need to check your strategies first by Paper trading, and also keep eyes on market time to time, so that you can apply perfect strategy for different kind of crypto pairs.
With good crypto market knowledge and backtesting your strategies you can earn around 5-20 % return on monthly basis with the help of crypto bots.
Q. What Are The Best Trading Bot Strategies?
Here I am listing 5 top strategies used by Crypto trading bots-
1. Mean Reversion- It is best suited in sideways market, where price moves around to an average price of a crypto pair. If average price of a coin is $10 and it moves to $12 then crypto bots start selling this coin. And if price goes below $10 bots start accumulating the coin.
2. Momentum Trading- It is best suited in directional trades, where price moves in a single direction for a period of time. Bots identify this and enter at a lower level and exit when price moves in the direction for a longer period.
3. Arbitrage Trading- It is best for both crypto market and Forex market. This is the best simple way to make profit if you see the opportunity of it.
Example– If a coin’s price in one Exchange is $10 and in other exchange, it is traded at level $10.2. By using Arbitrage crypto bot you can buy this coin in first exchange and sell it to second exchange at a same time. Here you make clear profit of $0.2.
4. Natural Language Processing (NLP)- It is aprograming type of strategy, where you feed some data for your bot so that bot can analyze it and react as per these keywords.
It is best suited on News based movements.
Example- If news is like “Shiba Inu coin rising after Elon Musk’s Tweet”, Then by analyzing your keywords ‘Shiba Inu’, ‘Rising’ and ‘Tweet’ Bot get signals to buy Shiba Inu Coin.
Similar thing happen on negative news as well.
5. Naïve Bayes – It is best suited in momentum trading. It works on Machine Learning and Artificial Intelligence. In trading most of the time losses booked because of emotional errors. By using Machine learning and AI it reduces this error. So let’s understand how it works-
Example- If a coin’s price is dropping for past two days, then it gives signal to Crypto bots and by using AI and market condition it trigger the sell signal and execute trade for you.
With the help of chart signals, bot also decide when to exit in this selling scenario.
Q. How can I create Crypto Trading bot?
In all the above mentioned bots creating bot is very simple. You just need to follow these steps-
– Select your Exchange.
– Connect exchange with bot by using API.
– Create your strategy either by Drag & Drop feature or by Coding.
– Backtest your strategy before apply.
– Note the results of bot on historical Data.
– Deploy the bot and trade with real money, but first start with small amount.
Q. How to select a crypto Trading Bot?
You need to look all the features in a crypto bot to select one. Like-
– Crypto signals: Buy/sell signals
– Paper trading and Backtesting to test your trading strategy
– Copy-trading strategy available or not
– Arbitrage trading available or not
– Trailing stop loss
– If mobile app is available, it is better to keep track on portfolio
– Free trial and subscription charges
– Portfolio rebalancing
– No any hidden charges
– Supported exchanges
– Interface: Beginner friendly or complex
Q. Which Trading Bot is the best suited for Arbitrage Trading?
CryptoHopper and Traility are the best suited for Arbitrage trading.
Q. Are using multiple Trading bots Profitable?
It is recommended that you use one trading bot at a time. You should be pro in one bot rather than getting knowledge of two-three bots.
You can test as many bots as you want and analyze which one is more suited for you.
By connecting them with different exchanges you can evaluate easily that is which one bot you want to keep.
Q. Are Crypto Trading bots legal?
As you all know that crypto market is an unregulated space. So if crypto trading or Crypto coins are legal in your country than crypto trading with Crypto Bots is also legal.
Q. Is trading with Bots is better than trading on your own?
Yes, it has been proven by pro traders that Crypto Trading with bots gives better return than humans.
Also currently 70 to 80% Trading is done by Crypto trading bots, so it is better that you should choose one crypto bot for trading rather than doing it by your own.
Q. What are the downsides of Using Cryptocurrency Bots?
Beside many benefits of crypto bots, there are some downside of them as well-
– Many bots only provide marginal returns.
– Most of the bots interface is not user-friendly, It is hard to understand their features.
– As we all know that crypto space is unregulated space, so this makes crypto trading bots also unregulated.
– The most important is that you need to know the crypto market very well before entering into trading.
You need to apply strategies according to the market movements and you may end up with huge loss if you don’t know the market very well.