Gunbot is our go-to trading bot and is for sure the best bitcoin trading bot! GET STARTED WITH GUNBOT! 6. 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. 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.
Best trading bitcoin botTOP 20 Best Bitcoin Trading Bots in
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. It can be seen as a safety net. Now you have made a 2. Intraday price movements are important to day traders who want to make several trades during a single session.
Day trading bots can help you automate this process. Scalping is a lower-risk trade strategy used for short-term profits. A bot with scalping features will closely monitor the price of a particular asset and take advantage of fluctuations.
A scalping crypto bot will consider three main factors before acting: the Relative Strength Index, support and resistance levels, and the moving average. Cryptocurrency trading bots are vital tools for traders.
However, some bots are either unreliable or outright scams, and so it is important that you do due diligence before you get one. Read reviews and do your homework to ensure that you choose a trustworthy and reliable crypto trading bot. Get Your Free 3 Days Full Access on 3Commas Disclaimer The contents of this article are not intended to be financial advice and should not be treated as such. The info contained herein is based on data that was gathered from a variety of sources. This should not be used as a parameter for investing.
The user must do their own independent research to make informed decisions regarding their crypto investments. A proven leader, successful at establishing operational excellence and building high-performance teams with a sharp focus on value creation and customer success. By Mikhail Goryunov. Login , for comment. Ripple XRP has gotten lots of attention in the past year. Not by chance or coincidence, though, since the entire…. Derivatives such as Options allow you to make unlimited profits while limiting possible losses.
As one of the most complex…. You need to first learn the basics of trading and understand how to properly manage risk. Last Updated: October 23, Why are crypto trading bots useful? How do you choose the best trading bot? Team Reputation 2. General Bot Features 4.
Trading Bot AI 5. Prices 6. Ease of Use 7. Reviews Top 17 Best Trading Bots 1. Gunbot 3. CryptoHopper 4. TradeSanta 5. Gekko 7. Zenbot 8. AutoView 9. CryptoTrader BTC Robot Shrimpy Zignaly ProfitTrailer Exchange Valet Autonio Outsiders 1. Tradewave 2. Increased speed. Running period. Not suitable for inexperienced traders. Requires monitoring. Present security concerns. Automated Crypto Trading Bots Worth Your Attention Many traders are facing the difficult task of choosing software for analyzing the cryptocurrency market data.
What's New? Main Features. All plans include. Not very useful to inexperienced traders. Gunbot Gunbot also known as Gunthy boasts of over active traders. The prices have not changed since our last review. Relatively expensive There has been of occasional bug reports.
CryptoHopper Cryptohopper is a cloud-based crypto trading bot that works with a wide range of exchanges and coins. Insufficient team info. TradeSanta TradeSanta is a new cloud-based tool but with an already established reputation.
And we have moved the bot to the 4th place. Only suitable for trusted strategies Few firsthand users Sluggish customer support. Gekko Gekko is an open source cryptocurrency trading bot that you can download on GitHub platform. Features Web interface: The bot comes equipped with a web interface that allows you to monitor data and trading strategies. Back-test feature: Gekko allows you to back-test data and see projections of your trade results.
Notification feature: It also keeps you updated through social media platforms, email, and telegram. Zenbot Zenbot is yet another open source bitcoin trading bot. AutoView Autoview is a low-cost crypto trading bot that comes in the form of a Google Chrome extension.
CryptoTrader CryptoTrader is an automated cloud-based crypto trading bot. Test against market conditions: CryptoTrader allows you to test your strategies against backtested data and prevailing market conditions.
It keeps you on top of the market by updating you on market events and trends through text and email notifications. Scant information on the team behind it. Features Easy to install: The bot is known to be easy to install and use. Some users, however, claim that some of its technical aspects are hard to grasp. Also, the company points out that the predictions made by its algorithms are not always perfect. Shrimpy Shrimpy emerged on the market, in , and has quickly gained popularity in the trading community.
Features 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: Rebalancing — Instead of merely buying and holding crypto, this feature realigns your portfolio of assets for the maximum gain.
Backtesting — Analyze your potential strategy and compare it with historical results. Relatively undertested bot No mobile app Not as high-yielding as other bots.
Zignaly Zignaly is another cloud-based platform requiring no installation or server updates. Features Here are the main features that make this an attractive tool for traders: Crypto signals — The platform features third-party signalers, including Mining Hamster Signals, Crypto Base Scanner, and others of this type. These providers are actually industry professionals that analyze market fluctuations and predict favorable conditions for profits.
Trailing stop-loss — This feature is not something most exchanges offer, but it is one of the most popular strategies. It helps you profit from the market upside without the risks of losses from the crypto market upside. TradeView bot — Zignaly connects to your TradingView account. TradeView bot allows you to utilize custom trading signals in combination with automatic indicators. No limit on trades — There are no limitations on cryptocurrencies you can trade. It gives traders a lot of freedom to choose.
New to the market Still in beta phase Vulnerable to glitches. ProfitTrailer Over the last two years of existence, ProfitTrailer has managed to acquire quite a good reputation. Mobile-friendliness — The platform can be accessed on Android and iOS without losses in graphics or speed.
Zignaly is a cool and sleek bot that supports the Binance exchange, but they soon plan to add KuCoin as well as BitMEX and Bybit for trading cryptocurrency derivatives. This bot is cloud-based, which eliminated the need for downloading software. It recently debuted the copy trading feature, which allows users to copy the positions of other successful traders for diversification purposes. You don't have to do anything -- simply allocate your money and that's it.
Zignaly will adjust all necessary settings instead of you. Zignaly is transparent about the team behind the project, which might also be its additional selling point for those who are on the fence. There is also a free day trial. Launched back in Q3, , Arbismart is an EU-regulated arbitrage system. All crypto and fiat operations of Arbismart are licensed in accordance with Estonian legislation. With its intuitive interface, Arbismart perfectly suits all types of investors.
The platform offers a unique Smart Investment Program. It is an instrument for passive income generation that leverages arbitrage opportunities across multiple crypto exchanges. Its fully automated mechanism scans the rates of top-tier platforms to find the best arbitrage design. The Arbismart team has developed a state-of-the-art diligence and security ecosystem. 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. Many use machine learning, intelligent algorithms and employ teams of mathematicians to target rising coins.
Signals are sent directly to the users bots which buy and sell when they receive them. Cryptohopper has a very nice modern dashboard area where you can configure and monitor everything and comes with a config wizard or pre-created templates for the popular exchanges — Binance, Bittrex, Poloniex, GDAX and Kraken. We have completed an Indepth Review of Cryptohopper here. Visit Cryptohopper. We have completed an Indepth Review of 3commas here. Quadency is a digital asset management platform that provides automated trading and portfolio management solutions for both retail and institutional traders.
The platform incorporates a comprehensive range of features designed to streamline the process of trading and investing in cryptocurrencies. These include a variety of trading bots that come pre-configured or can be customized as desired, advanced charting, and portfolio analytics. Visit Quadency. Coinrule is one of the newest trading bot platforms on the market which has some great features and is suitable for beginners and more advanced traders alike. Anyone interested in using the platform can always sign up for a free Starter account and test it out in order to figure out if opting for a paid subscription will be beneficial.
You can check out our full review of Coinrule here. Visit Coinrule. Unlike many of the other trading bots on this list, Exchange Valet is more of a trading toolset and crypto portfolio management platform. Exchange Valet is filling in the gaps with commonly used trading tools like simultaneous stop loss and take profit orders.
If you are used to using a trading platform like MT4 or MT5, the ability to set simultaneous stop loss and take profit orders is taken for granted. Exchange Valet lets you set both stop loss and take profit orders at the time time, which is extremely useful for active traders.
If you are wrong about the direction of the BTC market, there is no need to stick around and watch your trading capital get eaten up by a nasty downward price movement. If you got it wrong, your stop loss will keep a volatile market from blowing up your trading account.
Exchange Valet also allows you to keep an eye on all your positions, and rebalance them almost automatically. Exchange Valet will give you a simple input field that will let you buy whatever percentage of any crypto that you like.
This is an easy way to make sure you maintain the balance of cryptos that you like, without doing a ton of work. Exchange Valet also has solid communication tools. All of your orders can be delivered via Telegram they call it Speedtrade , and other information will be emailed to you if you like. It is also limited to Binance and Bittrex. This may or may not be an issue, but it is something to consider. Exchange Valet is also costs cryptos to use. If you are an active trader with a big portfolio these prices could make sense, although there are other platforms that give you more features for a similar price.
Two areas where Exchange Valet shines are security and connectivity. If you prefer to trade your own account, Exchange Valet could be a great tool for you. While it does lack algo-based trading features, it does offer traders all the tools they would find on a conventional trading platform. Exchange Valet takes your security seriously, which is great to see. The communication tools that Exchange Valet built are also useful. If you are looking for a platform that fills in the gaps that exchanges left open, Exchange Valet is worth a deeper look!
Read our full review of Exchange Valet here. Visit Exchange Valet. The CryptoTrader bot is a cloud based trading bot that provides users with fully automated trading solutions while not requiring them to install the bot on their own system.
Cryptotrader supports most of the major exchanges for both backtesting and live trading, with the backtesting tool allowing users to review how their strategies would work under different market conditions.
CryptoTrader offers five different subscription plans, with fees ranging from 0. The CryptoTrader bot also has a wide level of interoperability, with the service offering email and text notifications to alert users on important market events or changes in trends.
Read our Indepth Review of CryptoTrader. Visit CryptoTrader. Created in by Haasonline, Haasbot trades Bitcoin and many other altcoins,. Although Haasbot is probably the most complete of the trading bots that are currently available, doing much of the labour with relatively minimal input required from the user, in order to provide this service it is pretty expensive, with costs ranging from between 0.
At those prices, it is clear that anybody willing to take a chance on it should be knowledgeable about what they expect to get out of the platform and be committed to doing so. The more you decide to spend, the more bots you will have access to on the platform.
Given the prices involved in using the bots, it is a good idea to do some research on the returns they have generated in the past. Zignaly is a trading terminal with cryptocurrency trading bots that lets you trade automatically with help from external crypto signal providers. The platform is incredibly easy to use and can be utilized as a passive income machine. Zignaly lets you easily connect with a TradingView account, so you can use it with your favorite indicators.
Alternatively, you can use the Zignaly trading terminal to create your full strategy at once. Because Zignaly is still pre-launch, the number of exchanges that it operates with is limited.
The company also plans to offer its clients unlimited currency pairs without any additional cost. Apex Trader is another newer platform which offers and easy intro into trading automatically use bots. The platform features trading bots that can be used to employ a number of trading strategies, and work via API connections to popular cryptocurrency exchanges including Binance, ByBit , Kraken, and KuCoin.
Visit Apex Trader. Club is a simple way to gain access to advanced trading features. The platform was designed in Russia, and currently works on Binance and Bittrex. The platform offers traders automated buying and selling algos, as well as advanced order types. One of the first things that you will probably notice about Cap.
Club is the simplicity of both its website and interface. If you are just getting into automated trading, or have little coding knowledge, this simplicity could be a big plus for you. The free version will give you all of the trading strategies that the full platform features, but you will be limited in how many can run at once. The free account is also limited in communication. The full version will send you alerts via both Email and Telegram, but the free one is only going to contact you with Email.
If you want to use the platform for free, it is ready to go. In addition to limit and trailing orders, Cap. Club offers it users three trading programs:. These algos seek to make money automatically for Cap. The platform that Cap. Club put together offers a lot of value, and also is a nice compromise between an algo-driven trading platform, and a trading platform that gives you some of the normal trading tools that are lacking on most crypto exchanges.
Club also includes a visual strategy editor with both the free, and premium package. Instead of having to write your own algo in code, you can use a visual strategy editor to lay it out with symbols. Once you have the strategy together, it is simple to run. You may find that your strategy ideas are profitable, and they could help you outperform the market.
The fact that Cap. Club allows you to use its platform for free is great. While you will be limited in how many strategies and APIs you can run at once, it will help you to figure out if the platform makes sense for you. For frequent traders having some sort way to use limit and trading orders is almost necessary.
Trailing stops and take profit orders can help you to ride a winning position, which makes it possible for a single position to make the entire subscription worthwhile. That said, it is really easy to set up Cap. Club with Binance and Bittrex, which makes opening a new account at one or both of the exchanges worth thinking about.
Once you open up your Cap. Club account, all you have to do is go to the exchange of your choice, and generate an API. You will get a new API, and a secret code. Just go back to Cap. Club, and enter the info into the fields it provides you with. The process is super simple, and should only take you a few minutes. Club also has a deep support section online.
If you need help connecting your exchange account to their platform, or figuring out how to use any of the tools, you should be able to find any information you need. The support is included with both account types, which is a great feature. Overall Cap. Club looks like a capable automated trading platform that also gives traders some useful tools, as long as you use one of its two supported exchanges.
Signal is a platform that is made specifically for Binance. Signal does give traders on Binance some badly needed tools, and a high level of connectivity. Much like Exchange Valet, Signal gives traders the tools they would find on a trading platform like MT4. In addition to simultaneous stop loss and take profit orders, it also allows traders to program laddered buying, as well as trailing stops.
Most of the features that Signal offers are extremely useful for traders. If you trade on Binance and are looking for advanced trading tools, Signal could be the right platform for the job. As mentioned above, being able to use stop loss and take-profit orders simultaneously is a must for traders.