The software that aids you in trading in cryptocurrencies, is a called crypto trading bot. The main aim of this software is to increase the revenue of the user while reducing the risks and losses. With these applications, you can manage your complete crypto exchange account in one place. Many programs like these allow you to trade for Ethereum, Bitcoin, and Altcoins, with a lot more ease and control. Discovering the best crypto exchange can provide seamless and secure trading experiences across different cryptocurrencies.
A crypto trading bot, or a trading bot in general can execute multiple trades for you automatically, based on some predefined rules and algorithms. These crypto-trading bots work with multiple exchanges, and you can use them for buying, or selling.
Before we share the list of some awesome crypto trading, let's see some benefits of using a crypto trading app so that you know how this will help you.
Benefits of using crypto trading bots
Here are some benefits of using a crypto trading bot.
1. 24/7 Trading: Using an automated crypto trading bot you can define the rules and the bot will make your trades even when you are asleep.
2. Speed & Accuracy: A bot can instantly execute trades based on market movement. Also, once you set a sale or buy order, the bot will do it without any failure or anticipation.
3. Testing before using: A lot of crypto tools can be tested with historical data to see if the rules that you have set are working perfectly fine.
4. No Human Error: If you use a crypto bot for trading and you have properly tested it before deploying it, then you can stay assured that your trades will be executed without any errors.
Now, let's move on to the handpicked list of Top Crypto Trading Bots and their features so you to choose the one that is most suitable for you. The list includes both paid and unpaid apps.
1. Pionex
It is one of the world’s first crypto exchanges with in-built trading bots. It has as many as 12 free trading bots. Users don’t have to check the market as the bots will be doing that for them. The liquidity from Binance and Huobi Global is aggregated. It is one of the biggest Binance brokers.
Features:
-
Retail investors are provided with 12 free trading bots.
-
The trading fee is comparatively lower than major exchanges.
-
Users are allowed to buy low and sell high in a specific price range by the Grid Trading Bot.
-
The leveraged Grid Bot provides up to 5 times leverage.
-
It aids retail investors in making passive income with low risk.
-
It is approved by the U.S. FinCEN's MSB (Money Services Business)
It is free of cost.
You can find its mobile apps on iOS & Android
2. Cryptohopper
It is a trading that will help you manage all crypto exchange accounts in one place. You can trade for BTC, Litecoin, Ethereum, etc.
Features:
-
With this bot, you can create your own analysis.
-
Get strategies and bot templates very easily.
-
Your account is protected by secure protocols.
-
Your data is kept private.
-
The interface is very user-friendly.
-
You can get real-time performance reports.
-
Its algorithm supports EMA, RSI, BB, etc.
It is free of cost.
You can find its mobile apps on iOS & Android
3. Bitsgap
It is one of the best bitcoin trading bots that allow you to manage cryptocurrency very easily. Has the potential to analyze 10,000+ crypto pairs and detect coins with the shortest potential. You can create your own bot strategy very easily.
Features:
-
View your trading very conveniently through a chart.
-
It is an automated bot working 24/7 hours.
-
You can access it without downloading it.
-
For exchange purposes, your funds are kept on the exchange balance.
It will cost you: $19/month
4. Quadency
It is a digital asset management application providing an automated trading solution for both institutional and retail traders. The process of investing in cryptocurrencies is streamlined.
Features:
-
You can customize the bots very easily.
-
You are provided with a range of automated tools along with an advanced TradingView.
-
You can trade on Bittrex, Binance, and Kucoin.
-
There are different trade bots offered that can be customized very easily.
-
Automated trading is supported.
It is free of cost.
You can find its mobile apps on iOS and Android is under development
5. Coinrule
It is an automated trading platform that allows trading for Binance, Kraken, Coinbase Pro, etc. It offers more than 130 trading strategy templates.
Features:
-
Provides real-time customer service.
-
You can test the rule performance on past data.
-
You can set custom rules for trading.
-
You can allocate funds with ease as it has a market indicator.
-
The encryption it provides is military-grade.
It comes free of cost.
Its mobile apps are coming soon.
6. 3Commas
It is one of the best cryptocurrency trading bots that will allow you to increase your revenue and decrease losses and risks. You can get profits with minimal effort. Also, using this software you can create strategies based on more than 20 trading indicators.
Features:
-
Coins can be bought and sold in a single window.
-
You can trade 24 hours a day.
-
The setting of other bots can be copied.
-
You can maintain coin ratios to balance your portfolio.
-
Provides deal notification through email and other mediums.
It will cost you $14.50
You can find its mobile apps on iOS & Android
7. Shrimpy
It is a social trading platform that is made for cryptocurrency. It has automated trading strategies helping you to improve performance and reducing the risk. You can build portfolio strategy, track performance and monitor the market.
Features:
-
The API key is encrypted securely and stored using FIPS (Federal Information Processing Standards) 140-2.
-
Your portfolio management can be simplified.
-
You can view the live market price.
-
Provides a dashboard including statistics of each asset and performance metrics of a portfolio.
It comes free of cost.
8. CryptoHero
It is a free crypto trading bot that is powered by a simple and intuitive AI for Crypto beginners to set up and run. You can automate your trades right from your phone for free. You don’t need to know how to code for this.
Features:
-
It provides Multiple Exchange Support. So you can connect your APIs easily.
-
The interface is very user-friendly
-
You can set up the bots with their discovery feature in very simple steps.
-
Before deploying you can do a quick Backtest with the historical data.
-
It provides 24/7 technical support with real-time chat available to users
It is free of cost.
You can find its mobile apps on iOS and Android
9. TradeSanta
It is one of the best crypto trading bots that allow you to manage your risk with ease. The strategy can be customised according to your trading style. You can set your target profit and close the deal as soon as you reach that.
Features:
-
Trading bots can be launched with a short and long strategy with ease.
-
The support facilities are active 24/7.
-
You can buy or sell large amounts of crypto without any trouble.
-
There is a variety of preset templates.
-
The bot can be tracked in real time.
It comes for free.
You can find its mobile apps on iOS & Android
10. Trality
It is a platform for everyone who wants to profit from algorithmic crypto trading and still continue their day job. They create some highly intricate, super creative algorithms staying inside an educational, community-driven infrastructure that promotes you as a trader.
Features:
-
The strategies are well-curated and pre-defined.
-
It comes with a drag-and-drop interface which is very easy to use.
-
The backtesting module is blazing fast.
-
Live trading is cloud-based. The algorithms run very reliably and you won’t miss a single trade.
It comes free of cost.
The apps for mobile are coming soon.
