Are you interested in cryptocurrency trading? In order to get out of the game, you need to learn about the various aspects of cryptocurrency trading, including how it works and how to choose good investments. But the sector remains open to both beginners and experienced professionals. Yes, you don’t need to have a brilliant career with a great track record to be successful in trading. The exercise has become more accessible due to the emergence of cryptocurrency trading robots.
Here we will tell you about the best cryptocurrency trading bots, you can get help out of these bots.
Pionex
Pionex cryptocurrency bot is equipped with 16 free in-built trading bots with a small trading fee of 0.05%. Pionex’s bots help you make a profit by trading in cryptocurrency on your behalf.
Pionex is the world’s first exchange with free, integrated trading bots. It is an automated crypto trading environment launched in 2019 and has been one of the fastest-growing platforms in Asia, with over $30 million in trade volume per day.
Features:
- Reasonable Trading Fee of 0.05% for maker and taker.
- 16 free in-built trading bots.
- Spot-Futures Arbitrage bot helps you earn 15-50% APR with low risk.
- Grid trading bot helps you buy low and sell high in the price range.
- Leveraged Grid Bot provides up to 5x leverage.
- Martingale bot performs DCA buy, one-time sell to capture fluctuation profit.
- Rebalancing bot helps you to hold the coins.
- Dollar-Cost Averaging (DCA) Bot Sets repeated purchasing at regular intervals to offset the effects of volatility.
Cryptohopper
Cryptohopper is a cloud-based trading bot that lets you configure strategies and automate your trading across multiple exchanges. The main benefit of using a cloud-based tool like this is the extremely simple setup process and 100% uptime of your crypto trading bot. When compared to some of the self-hosted bots, this is a huge advantage as you don’t need to worry about a stable internet connection or your computer being compromised.
Unlike many other crypto trading bots, Cryptohopper offers a free trial and a subscription model that allows users to get started trading without the huge upfront cost.
Features:
- Stoch, RSI, Bollinger Bands, and many other indicators.
- Trading tools include bot backtesting tools, configurable and saveable templates, trailing stops, and customizable technical indicators.
- Web-based – no mobile or desktop apps.
3 commas
3Commas helps users to build automated trading bots while trading with them on most of the major cryptocurrency exchanges – indeed 22 crypto exchanges. With this, you can do dollar-cost averaging strategies and integrate TradingView to get signals from third parties.
Its specificity is that it does not require special settings. The platform is simple, fast, intuitive, and once you get access to it, it’s up and running very quickly. In addition, this computer program can connect to other platforms or web applications, all with a few clicks.
You can also do portfolio analysis and copy trading, the last being recommended for beginner and advanced traders. This crypto trading bot is very popular and, with 3,000 users, it transacts more than $10 million in trading volume each day.
3Commas offers you a powerful free 30-day trial. However, if you, like hundreds of other traders, decide to use it, you will need a subscription.
Features:
- Smart Trade trading panel allows users to buy or sell multiple pairs of digital currencies using risk management tools.
- It allows you to set different order types, including limit, trailing, market, take profit, stop loss, and other types of orders.
- Mobile supported on iOS and Android.
CoinRule
CoinRule is cloud-based trading bot which is operated by a team in the U.K. It can be connected to multiple cryptocurrency exchanges, including Binance, Huobi, Bitfinex, OKEx, and HitBTC. It does not charge any fee for trading. With it, you can create multiple trading rules-based, which allows you to take advantage of over 7,000 strategies.
It does not support Technical Analysis (TA) but allows users to use TradingView to share trading tips and strategies. It lets you trade multiple cryptocurrencies.
Features:
- MACD, Bollinger Bands, RSI (Relative Strength Index), and other indicators.
- Support via emails, live telegram chats, webinars, and other methods.
- Trading templates on the pro version.
- Mobile – Android and iOS apps in addition to the web interface.