Best Crypto Trading Terminals In 2020

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Cryptos are only a decade old, but the kind of impact it has on the global financial system is truly phenomenal. But, at the same time, cryptos have become too complex and its market movements are denominated by wild swings and phase of indecisiveness.

That’s why it is important to choose a trading terminal, where you get access to all latest and advanced tools, multiple customization options, social trading options, etc to maneuver the different phases of the market and generate returns.

This article will look at some of the best crypto trading terminals available in the market.

Top 5 Cryptocurrency Trading Terminal To Use In 2020

#1. Quadency

Quadency is a US-based automated crypto trading platform for both retail and institutional traders. It offers automated trading services on 12 leading crypto exchanges including Binance, Bittrex, KuCoin, Coinbase Pro, OKEX, Gemini, HitBTC, Liquid, etc.

Combined with all exchanges, it provides access to over 1,270 cryptocurrencies and 3,600 trading pairs in a single platform. Quadency connects all exchange accounts through their APIs.

Using Quadency you can smartly trade and manage your cryptos through its range of features incorporated into the platform. It includes a variety of trading bots, advanced charting features, advanced order types, portfolio analytics, research reports, etc.

As far as pricing is concerned, it offers a both free and premium plan. The free account (HODLER) is best for beginners and passive investors where you can have access to one live trading bot.

The premium plan includes PRO ($49 monthly) and Institutional (quote on request) and offers different levels of services like multiple trading bots, advanced order types, higher trading limits, advanced portfolio management tools, etc.

In the future, Quadency plans to introduce margin trading, more exchange + wallet support, and more automated strategies.

#2. 3Commas

3Commas is an international crypto trading startup that provides a series of automated trading bots on major exchanges. It supports 23 major exchanges including Binance, BitFinex, Bittrex, Poloniex, HitBTC, etc. 

All the automated trading via bots takes place through API integration with cryptocurrency exchanges and works seamlessly on any devices. In addition to trading bots and portfolio analytics, 3Commas offer a range of tools like social trading, smart trading, ETF-like crypto portfolios, etc. 

3Commas has three pricing plans, the Starter pack costs $14.50 monthly, and is best for beginners and passive investors. The other two plans are a Pro plan ($49.50 monthly) and an Advanced plan ($24.50 monthly) offers a series of advanced tools and features. 

Another factor that makes 3Commas ahead of its peers is its simple interface. It works well on both web and mobile browsers and the whole interface is laid out in an easy-to-comprehend way. 

One of the unique features in the 3Commas platform is that it offers integrated access to Discord from inside the accounts in all account plans. Further, users can also join Telegram groups, YouTube channels, other social media platforms to share investing tips and enhance their trading knowledge.  

#3. Kattana

Kattana is a new crypto trading platform is the block, which initially launched its beta version of the platform in November 2018. The platform offers all the top-rated charting and TA instruments that are difficult to find on crypto exchanges. Its other services include portfolio management and aggregated news sources that help you stay ahead of the curve. 

It supports 10 major exchanges and lets you automate your trading strategies, set advanced order types, and enables the fastest execution of trades. 

Kattana is available on web platforms and desktop applications (both macOS & Windows). For retail traders, Kattana doesn’t charge any fee. The services include an all-in-one trading platform, premium TradingView charts, automated trading, low-latency trade execution, etc. And, for institutional clients, it offers a tailor-made product and charges differ per client according to their requirements. 

#4. Shrimpy

Shrimpy is a social trading platform for cryptocurrency launched in January 2018 that helps users to automate their crypto trades and produce long-term investment strategies. Packed with some of the powerful tools like Indexing Tool, Portfolio-Rebalancing, Marketcap Weighting, Backtesting that makes it a must to use platform for serious crypto-traders. 

It currently supports 16 major crypto exchanges including Binance, Coinbase, Kraken, Gemini, HitBTC, Bittrex, etc. Shrimpy also rewards its users. It pays $4/month for each person who follows your trading strategy. This feature is unique in many senses, as it helps users to earn a passive income with huge upside potential. 

Concerning pricing, it has three plans, HODLER (free-account), Professional ($13/month), and Enterprise (for institutions).

In the free plan, you only get access to portfolio tracking. But, in the premium plans, Shrimpy offers its full range of services right from portfolio tracking, portfolio management, index builder, rebalancing, backtesting, to social trading. 

#5. Cryptowatch

Founded in 2014, Cryptowatch is a popular charting and trading terminal for cryptocurrency markets. Owned by Kraken, it provides real-time crypto market data, charting, and trading services for 29 different cryptocurrency exchanges.

It connects the exchanges via their APIs which helps to provide coverage to over 4000 markets. Cryptowatch helps to analyze price movement and trends through its advanced charting interface. You can also view portfolios across multiple exchanges in real-time and set price and volume alerts on your charts.

Through Cryptowatch, users can trade in 6 multiple exchanges at a time, receive price & volume alert and order-filling alert through email and SMS, customize charts, integrate trading bots, chat with members, and many more. It has three pricing plans, a Free plan, a Basic plan ($15/month), and a Pro plan ($75/month).

Now, if you are concerned about the safety of your funds and trading operation, it keeps your data safe with military-grade AES 256 encryption and TLS encryption to secure website traffic.

Conclusion

For a market like cryptos, which runs 24*7, 365 days a year, banking on traditional forms of trading is not suitable and also doesn’t yield much success. And, if you are dealing with multiple exchanges, then the whole process can get cumbersome.

Therefore, trading terminals provide you a better way to manage your trading activities as it brings all exchanges to a single place and then automates the whole process. It not only helps you to save time and energy but can tap more opportunities and avoid losses.

The above-discussed trading terminals are some of the best and will help you in placing winning trades.

Sudhir Khatwani

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.

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