Cryptocurrency trading bots exist, and you know it.
For the unknown, let me tell:
Crypto markets are live all the time.
They function 24/7 and 365 days, making it hard to cope up with the amount of follow-up one needs to do.
This can take a toll on anyone, but there is a huge opportunity to make decent profits out of this perpetual phenomenon.
Are you wondering, how?
Well, the answer is through a bit of automation.
Crypto & Bitcoin trading bots make that automation possible so that you don’t need to trade crypto full-time.
It is time you also embrace these bots to make the most of your crypto trading journey without sacrificing your sleep for perpetual crypto markets.
Here are some of the bots that I have tried and researched, so on the meat now:
Top Bitcoin & Crypto Trading Bots
#1. Quadency [Recommended]
Quadency is a decent alternative to Coinigy that, too, at half of its cost.
Quadency integrates with ten major crypto exchanges such as Binance, Bittrex, Poloniex, KuCoin, etc. To gives you the reach you want on all these exchanges through a single trading window.
As of now, Qudaency is supporting 800+ cryptocurrencies with 2600+ trading pairs all in one place, making it a smarter way to trade and manage your cryptocurrencies.
Moreover, Qudaency has inbuilt bots that help you backtest and do automated trading on these supported exchanges along with sophisticated charting tools for your TA.
If you want a serious crypto bot to trade on your behalf, you should look no further than 3Commas.
I have been following the 3Commas team since 2018 and can say safely that they have taken their time to develop their product. I tried their trading software in 2018, and it worked like a charm.
But it is 2019 now, and it has certainly become much better as well as bigger.
By bigger, I mean bigger in reach.
3Commas now supports 20+ crypto exchanges to make you omnipresent on all the exchanges and help you trade smartly with other 100,000+ 3Commas subscribers.
As of now, 3Commas supports Binance, Bittrex, Bitfinex, Poloniex, and many more popular exchanges. Using 3Commas, you effectively make your TA strategies and use features like trailing stop-loss & trailing take-profit to get the maximum out of their trades.
They also have mobile apps for traders who would like to do this on-the-go.
Furthermore, the feature of copying each other’s wining bots, strategies, and algorithms is also present on 3Commas to give you the perfect feel of social crypto trading.
Touting itself as the most powerful crypto trading bot in the industry, Cryptohopper has undoubtedly carved a place for itself in the crypto trading bots niche.
I have had the good fortune to make a few trades through it, I can say overall, it was a good experience.
As of now, Cryptohopper allows you to access ten crypto exchanges altogether, where you can trade 100+ cryptocurrencies. This way, you can join 140,000+ crypto traders who are already using Cryptohopper features to increase their profits.
Using Cryptohoppers trading indicators make your custom TA strategy according to which your Cryptohopper will take trailing profits or cut the losses with trailing stop-loss.
Moreover, this strategy will be honed and backed by extensive backtesting of crypto data, which Cryptohopper has gathered from different sources.
Lastly, you can do paper trading, abitrage, and shorting all from one trading terminal, which Cryptohopper integrates for you in one go.
Automated crypto trading sounds sometimes complicated to people, but TradeSanta does an excellent job in simplifying the stuff, and that’s why it is their tagline too.
I have been following TradeSanta since late 2018, and it has been coming up well.
As we speak, TradeSanta provides integration of five major crypto exchanges such as Binance, Bittrex, Upbit, Bitfinex, and HitBTC to help you simultaneously trade on them.
Furthermore, Huobi, BitMex, and Okex are on their radar to help crypto traders like you.
Finally, play and place large volume orders without any slippages using TradeSanta and enjoy its automated long/short strategies to deal with 500+ cryptocurrencies pairs.
Features like this of TradeSanta help you become a full-time crypto trader without making you sit 24/7 in front of your computer, so make use of it to reap decent profits.
If you are not a heavy-grade trader but still want to use automation for smartly handling your crypto portfolio, you should look at Shrimpy.
Shrimpy is unlike any other crypto trading bot.
It is an automated portfolio management software first and then a bot. The way Shrimpy works can deceive you into thinking it is like the rest, but it is a bit different.
Of course, to start with, Shrimpy lets you connect with 10+ crypto exchanges, which means you have access to 100s of cryptocurrency pairs.
You can do custom indexing using Shrimpy and backtest its potential in real-time. Furthermore, if you like HODLing your currencies, the best way is to use Shrimpy’s auto rebalancing feature, which does HODLing for you while maximizing your profits.
Zignaly has recently started getting a slot of traction, and few traders in my network are using it.
I have never personally experienced it, but upon initial scrutiny, it is looking impressive. I have a friend who runs crypto signals also, and even he has recommended this tool.
Moreover, Zignaly is one of the few Bitcoin and crypto trading bots, which allows you to integrate third party signals in the tool to automate your trading strategy.
So you see, you use the expertise of signals and combine it with the software of Zignaly, which acts as your trading terminal. As of now, Zignaly allows you to access 1000s of cryptocurrency pairs on all the major exchanges.
If you are serious about your crypto trading game, Zignaly is the tool you should have in your arsenal.
Hassonline started way back in 2014 and has been a time-tested crypto automation trading bot.
If you want granular control over your crypto trading strategies like buying the coins with one indicator and selling with another, you should look no further than Hassonline.
Furthermore, you can make Hassonline as your trading terminal as it lets you connect with more than a dozen of crypto exchanges.
Their visual strategy designers let you paper trade and help in backtesting the data, which helps in making custom scripts for automation.
So use Hassonline’s indicators to chart your TA strategies and extensively customize your dashboard to feel home whenever you check automated crypto strategy.
Autonio automated AI trading bot, and it is a big deal.
Big deal because Autonio is based totally on decentralized infrastructure, making it the only crypto trading bot which is decentralized.
Moreover, it incorporates the complexities of the crypto world and uses AI plus blockchain to give you the most advanced experience of trading cryptocurrencies using automation.
There is more to it:
Using Autonio, you can use its 100+ indicators and backtest it using a considerable amount of data to make AI base algorithms of yourself. As of now, Autonio can integrate with six crypto exchanges such as Bittrex, Binance, Bitfinex, BitStamp, bitshares, and Okex.
Of course, Autonio is not free and comes with a monthly subscription fee of $50 payable in NIO tokens, which are the native token of Autonio Bot to fuel operations on it.
Which Cryptocurrency Trading Bot is the best?
There are no free lunches, atleast in cryptosphere !!
If someone is trying to tell you to use free crypto trading bots, I would suggest staying away because the risk of losing all your cryptocurrencies due to a faulty and free bot is much higher than earning some profits through it.
That’s why I have listed some of the paid Bitcoin trading bots here, which are decently priced for anyone who wants to automate their trading as well as fetch decent profits.
Inline which that I assume you might be having some question and here I am answering some that I can think off now:
What Is A Crypto Trading Bot?
This, of course, should have been the first thing to discuss but better late than never. But I did this purposely also because you already know about crypto bots.
This part is for someone new and unknown to the cryptosphere.
So crypto trading bots are softwares using which anyone can automate their trading strategies and even better, create new strategies if you don’t know how to make one.
This way, Bitcoin and cryptocurrency bots can help you stay online even when you are not sitting in front of your PC.
What Is The Best Crypto Trading Bot Amongst All the Listed Ones?
3Commas and Cryptohopper, no doubt, are the best trading robots to trade cryptocurrencies at multiple places in an automized way.
But this doesn’t any way means the others are not worth your time. You can check each one out and choose the best according to your needs.
How Do Crypto Trading Bots work?
Crypto trading bots works 24/7 and 365 days so that you can sleep peacefully as well as profit from the endless market activities in the cryptosphere.
Crypto trading bots are hosted on cloud servers; hence, they keep working even if your PC or system is off.
Furthermore, crypto bots work based on pre-coded scripts and algorithms. That way, the bots respond to the price, volume, etc. like variables that act as a trigger for the bots to act.
How To Use Crypto Trading Bot?
Using crypto trading bots is very easy.
You need to use the API keys of your exchanges who want to integrate with your bot.
Once you have done that whatever strategy or indicator you set for your bot, it will trade according to that strategy on your behalf on the integrated exchanges.
That’s how you will get the maximum out of your bots.
Now you tell us: Are you using crypto trading bots? Do you like any of the above-listed bots? How has been your experience which crypto bots? If not, do you plan to use one in the future?
- Top Bitcoin & Crypto Trading Bots
- #1. Quadency [Recommended]
- #2. 3Commas
- #3. Cryptohopper
- #4. TradeSanta
- #5. Shrimpy
- #6. Zignaly
- #7. Haasonline
- #8. Autonio
- Which Cryptocurrency Trading Bot is the best?