It is understandable to not like some tools despite them being good or bad.
This can happen with anyone, and mainly, this is true in the cryptosphere when you have so many options to choose from.
For some reason, it looks like you are not satisfied with the 3Commas tool and are looking for an alternative.
Well, I must say you are in the right place because, during the last few weeks, I had the good fortune of testing some of the 3Commas alternatives.
I would love to share my findings with you in this post so that you can effectively complete your due diligence. So here is my list:
3Commas Alternatives To Try Now
TradeSanta’s tagline is automated crypto trading made simple. This is pretty much self-explanatory and conveys that TradeSanta is a crypto bot and an alternative to 3Commas.
What is essential, though, is its ability to connect with four major crypto exchanges, such as – Binance, Bittrex, HitBTC, Bitfinex, to help you trade simultaneously on them.
Like 3Commans, using TradeSanta, you can become omnipresent on these four exchanges to formulate as well as execute your trading strategies.
Now using TradeSanta crypto trading will not be a full-time job for you and make use of long and short strategies that can be implemented with large trading volumes without any slippages.
How about knowing one more alternative to 3Commas?
Let me introduce you to Cryptohopper. Cryptohopper is a bit superior to 3Commas, as it is packed with complete tools of the industry to make the most out of your automated crypto trading.
You can use Cryptohopper’s 130 indicators in one click, copy expert traders, trailing stop-loss or take profit and much more on ten crypto exchanges at the same time.
Doing simulated trading, abitrage on ten crypto exchanges, and shorting some of the popular cryptocurrencies is very much possible using Cryptohopper.
Lastly, their bread & butter is backtesting of historical data, so it isn’t like you are trading using a noob tool.
Want something even more integrated and lighter to use?
Turn to Quadency.
Quadency is a smarter way to manage and trade your cryptocurrencies, making it a decent 3Commas alternative.
Like 3Commas, you get to reach ten popular crypto exchange and get your hands dirty on 880+ tradable crypto assets that, too, in an automated way.
Moreover, you get advanced charting tools and indicators to formulate your TA strategies, in which the inbuilt bots in Quadency can help you execute.
I particularly like their backtesting feature, which means you are doing it based on data and numbers instead of shooting it in the dark.
If you aren’t trading frequently and your strategy is mostly to HODL, you should choose Shrimpy as your companion.
Let me tell you why !!
For sure, Shrimpy is a 3Commas alternative bot, and that’s why I am listing it here. But it is bot especially designed for portfolio management, indexing, rebalancing, and strategic backtesting.
Just HODL is the old way, but HODL with rebalancing adjustments provided by Shimpy is the new way of maximizing your crypto holdings.
Make your custom index funds, backtest them and automate it for execution on 10+ crypto exchanges.
Zinglay is another bot like 3Commas and has recently started getting some decent traction.
So far, in my community, I have heard its name a few times. I haven’t used it yet, but on initial scrutiny, it is looking impressive.
Here is what I have found:
Zignaly is a tool for cryptocurrency day traders who want to automate their trading strategies. Make your strategies on TradingView outsource it Zignaly to trade for you on five major crypto exchanges such as Binance, Bittrex, Poloniex, KuCoin, BitMex.
So this way, you make Zignaly your trading terminal to have a reach on 1000s of cryptocurrencies, which you can trade just by one click of Zignaly.
3Commas Free Alternative
You and I know, Reddit is the first place people go to search for free alternatives, and let me tell you there are no easy answers for it.
I don’t believe in free tools, and that’s why I haven’t searched for any 3Commans alternative on Reddit. If you like, you might do so, but relying on free tools in the wild, volatile world of cryptocurrencies isn’t a wise thing to do.
So far, I have been able to find these reliable alternatives for 3Commas, and I am on a hunt to find out more.
As I found them, I will be listing more alternatives here but mind you; they will be paid tools just like the ones which are listed above.
And I think paying a few bucks monthly, or annually should not be a problem for serious traders who want to make decent returns with peace of mind.
That’s all from me today, and now you say: Which tool you like the most? Are you using any 3Commas like tool for your crypto trading? How has been your experience so far?
Let us know in the comments section below; we are eager to hear you out 🙂
Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.