But, are trading software robots and bitcoin robots reliable? That’s not a yes/no question, because while some trading software and bitcoin robots are great, there are others that must be avoided. The good trading software robots can make superior, reliable, and accurate buying/selling decisions on . Dec 08, · One of such robots is the popular Bitcoin Revolution robot, which boasts an incredible win rate of %! Bitcoin robots can have up to 99% win rate, meaning that for every ten trades made by . Bitcoin Era trading robot was launched in the year for placing automatic trades on behalf of the users. It is one of the best bots for cryptocurrency trading. It was developed by fintech companies who are already there in the cryptocurrency industry.
Best bitcoin trading robotsBest Crypto Trading Bot - Top 17 Bitcoin Trading Bots Reviewed
They are very professional and friendly and respond to all the queries raised by the traders. Bitcoin Code is one of the oldest automated trading software that was developed by Steve McKay in It is also referred to as innovative software that has a laser-accurate performance. Bitcoin Code is a leading popular platform and it is reliable.
Bitcoin Code robot is used to trade Bitcoins and other cryptocurrencies. Bitcoin Code claims that it had generated lots of profits for its traders within a short period. Bitcoin Code offers its traders several important features. Some of them are discussed below —. This platform is suitable for both new and experienced traders and the traders need not have any previous experience in the trading field. Bitcoin Code allows the trader to trade cryptocurrencies with confidence and to make money.
Bitcoin Code trading platform is offered free of cost and the trader need not download any system software or tools to trade on this platform. Further, it is a web-based application that can be used online, therefore, there is no cost involved in procuring the software.
The only requirement that a trader needs is a computer device with a stable internet connection. Bitcoin Code trading platform does not charge any hidden charges or any additional cost from its users.
Moreover, there are no broker fees, commissions, or any hidden fees that might take away the profits earned. The trader chooses when and how much to withdraw their money. The trader needs to allocate a minimum of 20 minutes of their time towards monitoring and setting up of trade conditions. When the conditions are set, the software starts trading on behalf of the trader and achieves great profits.
They offer assistance, feedback for any queries regarding trading. The customer support team will help and assist the traders whenever they require their help. When the trader sets the trading conditions for the robot to trade, the robot performs as per the trading conditions set by the trader.
As per the user reviews given on the website, Bitcoin Code is a reliable robot that is widely used and trustworthy. Their partner broker has a secure platform and all the data will only be used for trading with their partner broker and Bitcoin Code.
This platform does not charge any additional commissions; apart from those that are already specified. The trader can register on the platform for free and operate it in the same way by using all its functions.
Bitcoin Code platform works through its partner brokers. The major role of these partner brokers is to work for the trader when they are performing the trades automatically.
The only requirement of the trader is to set up the settings and click the auto-trade button. Bitcoin trade will start trading on behalf of the traders. This automatic trading software was developed by Gary Roberts in the year which reports that it automatically trades Bitcoin, purchases and sells Bitcoin for profit by following the cryptocurrency market trends and executes the automatic trades 0.
Bitcoin Trader offers several features for its traders, some of them are discussed below —. Bitcoin Trader offers its traders custom trade settings as an option. This is an excellent feature and several users find this more beneficial. The settings of the interface are very user friendly. Bitcoin Trader platform offers a demo account which enhances the user-friendliness of the platform.
This implies that a trader is not acquainted with the tools and the functionalities of the software, by using this demo account they can start trading with confidence.
When the trader feels confident and comfortable with the trading process, they can deposit a minimum amount and start with the live trading. Bitcoin Trader ensures that its platform is faster in Bitcoin trading and it uses smart algorithms for executing the trades.
With the present conditions given by the trader, the buying and selling of cryptocurrencies take place without difficulty, and the trader need not check quite often about their trades. Bitcoin Trader offers multiple trading indicators and is most popular. This helps the traders to open the right trades. In addition to this, the trading software provides 7 different time frames and improves the trading experience by offering a wide range of trading signals to the traders.
By using Bitcoin Trader , the users can trade securely and safely. Bitcoin Trader partners with regulated brokers which are verified and reputable and listed on the platform. This makes sure secure and safe trading on the platform. The registration process on the Bitcoin Trader is very simple and easy; unlike other crypto trading bots , it does not ask answers for a list of questions before creating an account.
Also, it does not ask bank statements or ID scans. Bitcoin Trader just needs basic account information like full name, email address, phone number and the payment information for successful registration. The deposits and withdrawals on this trading platform are hassle-free. Transferring money is easy when compared to other trading robots available in the market.
For the withdrawals to be processed, they take less than 24 hours and the trader should make sure that they have provided the correct payment methods for deposits and withdrawals.
Bitcoin Trader platform does not charge any fees when compared to other automated trading robots. Besides, there are no hidden fees involved.
Bitcoin Trader offers dedicated customer support and it is very user-friendly. If the trader needs support on any of their queries, the customer support can be reached through email or through chat which is offered on the website. Bitcoin Revolution is a leading automated trading platform that was developed in by a team of established brokers from the Bitcoin industry.
Bitcoin Revolution claims that their platform performs trades 0. Further, Bitcoin Revolution platform is designed to trade seamlessly by making decisions from the rise and fall of the Bitcoin price. Bitcoin Revolution offers exclusive features for its traders, some of them are discussed below —.
Bitcoin Revolution provides free software for their traders, this means the creators of this platform earns more on the volume of the trades executed when compared to the subscription model. Registration on Bitcoin Revolution is quick and there is no time wastage during approval sessions.
When the registration is complete, an account is created immediately after providing specific details like full name, email address, contact number and password. When compared to the other automated trading robots available in the market, where the withdrawal procedures take 7 days to be processed, but in Bitcoin Revolution, the withdrawals are processed within 24 hours.
Bitcoin Revolution does not charge money as registration fees and it does not charge broker fees or commissions as well. This is because it uses a smart algorithm and is 0. Bitcoin Revolution offers a demo trading account for its traders. They can make use of this demo account practice and familiarize themselves with this trading platform.
Bitcoin Revolution trading platform claims that it offers consistent profits when the user trades on their platform. Bitcoin Revolution offers several cryptocurrencies to trade on its platform. The trader can not only trade with Bitcoin, but they can also trade with Ethereum, Ripple, and Litecoin.
Additionally, they can also choose trading pairs like cryptocurrency to cryptocurrency, Dollar or Euro. The verification system offered on this platform is friendly and safe.
Their verification system is based on user information such as full name, email address, contact number, and payment details which are simple instead of complicated documents that are requested by other trading robots. Bitcoin Revolution trading platform partners with efficient and reputable brokers to carry out trading operations. Their partner brokers are very effective and they have a direct influence on the success of the trades. Their partner brokers are scam free and safe. It is available in their bank account or to their credit card within 72 hours.
Bitcoin Era was launched in and it claims that it brings their traders a daily profit by placing automatic trades. This software was developed by a team of fintech companies. The creators of Bitcoin Era platform claim that their platform performs the trades faster than most of the algorithms and a split second faster than any average trading software.
Bitcoin Era is a fully automated trading software which means their users need to configure the trading robot with their settings and click the robot on. When it is turned on the robots will execute trades on behalf of the traders. Bitcoin Era offers outstanding features for its traders, some of the features are discussed below —. Bitcoin Era trading software offered by this platform is free to use and the brokers they have partnered with are both compliant and regulated.
The Bitcoin Era platform offers various cryptocurrencies, apart from Bitcoin, it offers Ethereum, Litecoin and Ripple and several more altcoins. The process of withdrawals and deposits in the Bitcoin Era platform is simple and easy. The traders can withdraw the money in the Bitcoin Era trading platform which takes between 24 to 36 hours which is hassle-free and quick.
The trader needs to submit their ID for withdrawing their profits. The most important feature is the Bitcoin Era trading platform complies with anti-money laundering regulations.
Bitcoin Era partners with safe and efficient brokers and carries out its operations through their brokers. Their partner brokers are well regulated and carry out the trade operations and execute successful trades on behalf of the traders. When the trader requests to withdraw their funds, it is credited to their bank account or the credit card of their choice in 36 hours.
Currently, cryptocurrency trading is a booming sector and it will be there in the market for the foreseeable future. Besides, Bitcoin trading using the automated trading platform can be a bit confusing for new traders initially, after a while they get the hang of it. There are several Bitcoin Robots operating as scams and there are few legit robots. Moreover, the best crypto trading bots can help traders and they always interact with the market even though they are not physically available.
These automated trading bots can remove some of the emotions like stress and greed that are found in trading financial markets and cryptocurrency markets. To conclude, we can say that automated trading bots are not for everybody, and casual investors should take time to research on automated trading bots before proceeding with trading on an automated trading platform. This implies that one can build a significant amount of wealth by using a Bitcoin Robot. While there are few scam Bitcoin trading robots, there are few legitimate robots.
These trading robots provide a good opportunity to generate an online passive income for the traders. As a result, the traders need not require any trading background to use the platform.
They need to simply follow the manual guide which accompanies them and after trying out with the demo account, they can directly trade with the live account. Several Bitcoin trading robots do not require a license fee. These trading robots make money by charging a small amount as a commission on the profits generated by executing the trades on their platform. The trader should present a government-issued ID to open an account and to withdraw profits on the trading platform.
Robot brokers can be explained as an online platform that allows users to trade with forex, cryptocurrencies, CFD, stocks, indices, and commodities. Also, they use trading platforms like MetaTrader 4 and web traders to support the trades. Bitcoin Robots uses complex algorithms that execute several Bitcoin trades in a short time.
Bitcoin robots analyze the trading markets at the right moment to buy and sell cryptocurrencies for maximum profit. Traders should add funds in their accounts so that the robots have enough funds to invest in the trades. When the trades are successfully executed, the profits earned from the trade are forwarded back to the traders. Trade Now. Overview Just like stock markets, the cryptocurrency trading market never stops its trading; trading happens all the time.
What is a Bitcoin Robot? Below given are the few pointers regarding working of Bitcoin Robot — Bitcoin Robot researches trading on behalf of traders and after conducting trade research, it comes up with insights which it passes to the partner broker system.
What are the Features to be considered when choosing Bitcoin Trading Robot? 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. Advantages of Bitcoin Trading Robots Minimization of Human Errors With the extensive use of cryptocurrency trading robots, human errors are minimized and eliminated. Accurate Results Humans might take a few minutes to calculate and recover several formulae, while a robot can calculate much faster; sometimes a few nanoseconds which will give accurate results.
Eradicate Emotions By using automated trading platforms, they minimize or completely remove emotions as robots do not have any emotions when compared to humans. Needs Human Monitoring Generally, we could say that these robots work all day without interference from humans, which is not true.
How to Determine Legit Bitcoin Robots? Below given is the checklist that as a trader should follow when choosing a trading robot — One of the most important features is the reputation of the robot. Bitcoin Profit Bitcoin profit is an automated trading platform developed by John Mayers in Bitcoin Revolution Bitcoin Revolution is a leading automated trading platform that was developed in by a team of established brokers from the Bitcoin industry.
Bitcoin Era Bitcoin Era was launched in and it claims that it brings their traders a daily profit by placing automatic trades. Wrap Up Currently, cryptocurrency trading is a booming sector and it will be there in the market for the foreseeable future. Is it possible to get rich by using Bitcoin Robots? Are Bitcoin Trading robots legitimate? How do I trade with Bitcoin Robots? How much does a Bitcoin Robot cost? What is the Minimum Age for Joining the Auto trading platform?
What are Robot Brokers? How do Bitcoin Robots work? User-friendly Interface No Hidden fees and very low commissions Just takes 20 minutes to register. Its Success rate is Algo Signals. Big Money Rush. Bitcoin Aussie System. Sure the Bitcoin market is volatile though it has increased its stability in the past few years but rather than shy away from the investment opportunity altogether; you should get in business with a company that has some of the best strategies and bitcoin trading robots.
To determine the overall experience, we went a step further and investigated the extra features each of the platforms offers and included the strategies provided by the various companies and customizable bots. It is a good trading strategy is imperative. But also important is that these strategies are applied to the right platform. Now truth be told, programming experts and IT gurus are not the only individuals interested in Bitcoin trading. As such, if you are not highly skilled in IT, you will want a Bitcoin trading bot that is easy to use and that will make life easier.
All of the companies listed have trading bots that are a breeze to use. They are suitable for newbies to Bitcoin trading and also the experienced in the same. Bitcoin is a rather secure cryptocurrency.
But this does not stop people from trying to conduct creative and tech-powered steals. As such, you need to consider the security of the trading bot before using it.
The companies we review have high levels of security. Cryptohopper is a newcomer to the automatic trading scene but has been rapidly growing in popularity for several reasons. Their bot is also very easy to pick up for new users, due to the fact that they are the only trading bot to embed external signalers, allowing inexperienced traders to let their bot trade on autopilot under the expertise of these signalers. 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. Another cool feature includes a backtesting tool which enables users to test the trading strategies against the backtested data as well as the prevailing market conditions. This was among the very first Bitcoin trading bots in the industry. It is among the pioneer trading bots. The bot can be downloaded on the major operating systems but comes at varying prices for each platform.
The trading bot has proved easy to install as well as use. However, some individuals have gone on record to state that there are some technical bits that prove challenging to grasp. Nonetheless, most have managed to make substantial profits. The BTC Robot features a trial period with a day refund policy — how cool is that? Its developers are constantly making changes to the trading bot, and you should expect it to be supported by multiple other exchanges as well in the future.
This bot comes with two trading strategies including Margin Maker and Ping Pong. So far, Leonardo is the best-looking trading bot regarding design and graphics. It also is fully customizable.
Initially, the bot cost about 0. When we are talking about trading bots, there are only a few which can claim to have been built on a decentralized platform like the various digital assets that they trade in.
The developers of Autonio have made sure that the trading bot is one of the few to make it to the list. The entire infrastructure is built on a decentralized platform, meaning that there is no single entity that controls all of its operations. The users are free to check the transparency of the program and no institute can be held accountable for its failures.
The users of the Ethereum blockchain will have a hassle free and smooth experience as well. Marketed both to the retail and the professional traders, the Autonio cryptocurrency trading bot has built-in features for the creation of the various trading signals that are based on the in-built trading strategies.
There is a complete access to the technical indicators and the traders can make the most out of them through the Autonio trading bot. There is an Autonio marketplace, where the users can see the other users sharing various trading strategies and algorithms that have helped them make profits. If you are not familiar with the process of setting up your own algorithm using the bot, you can choose one from the marketplace and start your trading right from day one.
There is an in-house token by the name of NIO which is used by the Autonio trading bot. This token is based on the Ethereum blockchain and uses the ERC algorithm. This token can be purchased from all the major exchanges like Bittrex and Ethfinex. The entire Autonio platform revolves around the utility of the NIO tokens and they can be utilized just like any other token for a decentralized app.