Best 10 Crypto Trading bot that make passive income 2023
What is Crypto Arbitrage? Crypto arbitrage involves buying digital currencies on one exchange and selling them on another to profit from price discrepancies. This trading strategy aims to take advantage of variations in exchange rates for a specific cryptocurrency and is considered relatively simple compared to other technical analysis-based methods. It is often a preferred option for highly volatile crypto markets.
What are the Risks of Crypto Arbitrage? Like any trading strategy, crypto arbitrage also carries certain risks, primarily slippage and price movements.
While the cryptocurrency market is highly volatile and may appear risky compared to traditional financial markets, it also offers significant potential for gains. One way to mitigate risk in crypto trading is through the use of trading bots, such as crypto arbitrage bots. Utilizing the crypto arbitrage strategy for trading Bitcoin and other cryptocurrencies requires learning, and it is essential to choose the right bot to minimize risks.
In this article, we will discuss the top crypto arbitrage bots for Bitcoin, Ethereum, and other cryptocurrencies in 2023. These bots can help traders mitigate risk more effectively than going it alone.
Top Crypto Arbitrage Bots & Platforms in 2023
1. threewe AI Bot
threewe AI BOT is a highly rated digital currency trading bot that utilizes fully automatic AI technology for quantitative trading. It integrates seamlessly with popular digital currency platforms and executes trades without any manual intervention. Its advanced algorithms and intelligent quantitative technology, combined with cloud-based big data computing, enable it to execute trades in just 0.05 seconds, while also eliminating the emotional stress and fatigue that often accompany market watching.
The threewe AI BOT offers a range of algorithms and techniques to adapt to both bullish and bearish market conditions. In bullish markets, it utilizes tracking stop profit technology, continuous monitoring, and 24-hour market analysis to sell at the peak of profits, capturing maximum gains. In bearish markets, the threewe AI BOT safeguards customer assets and generates stable profits through monitoring market trends, avoiding trades in a downward market, or short selling to take advantage of the market.
Features:
Secure Funds:
The threewe AI BOT operates through the API interface provided by the exchange, ensuring the funds remain in the user’s account and cannot be withdrawn.
Fully Automatic Execution:
The threewe AI BOT trades automatically 24/7 on cloud servers after initializing the set parameters and will buy or sell based on pre-determined conditions. This eliminates the need for constant market monitoring and yields a daily income of 2–3%.
Trading Strategy and Position Allocation:
The threewe AI BOT offers a range of built-in trading strategies, from conservative to aggressive, to cater to various risk levels. It intelligently allocates positions and conditions of each trade, implementing the trading strategy and adjusting accordingly with real-time data.
Multiple Trading Variety Monitoring:
The threewe AI BOT can monitor multiple currencies and execute strategies simultaneously, with independent threads for each variety, ensuring prompt trade execution.
Easy to Use:
With just one click, users can set parameters, choose strategies, and start trading, making it easy for even novice digital asset traders.
Emotion-Free Trading:
The threewe AI BOT makes impartial, objective trading decisions and avoids the influence of subjective emotions. It will not trade or close positions if set conditions are not met.
Double Your Money Within 1 Month:
By harnessing the power of AI quantitative trading, the threewe AI BOT promises a consistent daily income. Deposit your funds into the bot and let it work its magic, generating passive income for you hands-free.
Cons:
The threewe AI BOT only accepts USDT deposits.
The threewe AI BOT is a trustworthy investment for 2023 and deserves a 5-star rating. It offers a hassle-free way to grow your investment portfolio and provides secure funds, fully automatic execution, multiple trading variety monitoring, easy-to-use interface, emotion-free trading, and the potential to double your money within a month. Without prior knowledge of cryptocurrency trading required, consider giving the threewe AI BOT a try.
2 Pionex
Price:
· A crypto arbitrage bot free of charge
· 0.05% maker/taker trading fee
Headquartered in Singapore, Pionex is known for automated trading. Thus, many interested beginners flock to the platform. You can find plenty of tutorials on this easy-to-use platform to learn how to use the bots and how automated trading works.
If you don’t want to spend money on a crypto arbitrage bot, give Pionex a try. This platform provides over 16 trading bots for free, including its arbitrage bot.
Pros
· Allows users to buy low and sell high within a particular price range
· Enables users to make lower-risk passive income
· Allows deposits or withdrawals from your bank account and trading with USD
Cons
· Doesn’t allow custom trading strategies
3 3Commas — Best for traders on a budget
3Commas is one of the top 3 leading crypto bots on the market. Packed full of features from Smart & Copy trading, to the infamous 1-click copy bots, a 3Commas arbitrage bot will help traders who are low on funds and time accumulate crypto consistently.
Features:
· Bot templates and strategies via the marketplace
· Cloud platform
· User-friendly interface
· Responsive customer support
· Wide range of automated bots
· Well-explained knowledge base and FAQs
· Launch your first DCA bot for free!
Pros
Easy set up
Quickly access to templates
Bots are always up and running via the cloud
Deploy any strategy with the wide selection of bots
Get any help, anytime via the sophisticated knowledge base and support team
Cons
Dashboard can seem overwhelming at first with all the features and data
Subscription-based (with a fully-fledged free version)
4 MultiTrader.io
Price: 100% free, including bot usage
If you’re an arbitrage beginner, there’s no better place to go than MultiTrader.io. This platform’s specialty is arbitrage crypto trading, so the bot is finely tuned to the process. Like Pionex, MultiTrader.io offers its bots entirely for free.
This BTC arbitrage bot works for Bitcoin but also monitors 90 other currencies across various exchanges. It uses spread trading, cross-exchange arbitrage, and auto-rebalancing strategies.
Pros
· 100% free
· Plenty of helpful articles for beginners
· Efficient arbitrage strategies
· Advanced automated trading services
Cons
· Customer support can be quite slow
· Could support more exchanges
5 Bitsgap
Hands down, Bitsgap is one of the most popular crypto arbitrage trading bots in the industry.
This is a cloud-based system that offers ease of navigation, easy to use interface, and ample options for using arbitrage as your trading strategy,
It supports OKEX, Binance, Coinbase, Kraken, Huobi, and around 25 more cryptocurrency exchanges.,
· Price: $24-$149/mo
· Free Trial: 7 days
· Types of Bots: Grid Bot, Scalping, Arbitrage, Unlimited Smart orders, Futures bots, Trailing Up & Down for bots, Take Profit for bots
· Supported Exchanges: Binance, OKX (OKEx), Bitfinex, HitBTC, Bittrex, Huobi, Exmo, Kucoin, CEX.io, Kraken, Poloniex, Livecoin, Coinbase PRO, Coinbene, Coinex, Gate.io, Bitstamp, Liquid, Gemini, BitZ, Yobit, DDEX, Bithumb, Bibox, BigOne
· Mobile App: Not available
6 Coinrule
Coinrule is crypto arbitrage software that is known to work with the top 10 most popular cryptocurrency exchanges and offers military-grade encryption and security.
According to its users, it is an intuitive, yet simple system to set up and use.
When using this crypto arbitrage bot, you won’t need to know how to code. You can build your strategy without any coding experience.
· Price: Free-$449.99/mo
· Free Trial: Unlimited for basic accounts
· Types of Bots: Order Types, Conditions and Triggers, Trend Following Technique, and Accumulation Bot. Total 150+ Rules
· Supported Exchanges: Binance, HitBTC, Coinbase Pro, Okex, Bitstamp, Bittrex, Poloniex, Kraken, BitMEX, Bitfinex, Bitpanda pro, Liquid, Binance US
· Mobile App: Not available
You can partake in arbitrage trading crypto such as Bitcoin, Ethereum etc on Binance, Coinbase Pro, Kraken, Poloniex, BitMEX, and others.
This bot is free to use and offers 24/7 trades, market indicators, custom rules settings, real-time customer service, and many other features that make it popular among its existing users.
You may also opt for the paid plans. Coinrule is best known for its largest array of preset trading strategies, including arbitrage.
You should know that this company is constantly adding more templates, strategies, and information regarding cryptocurrencies to its website.
If you are new to arbitrage trading, you will find the one-on-one trading tutorials and lessons to be a big help.
7 Shrimpy
Shrimpy is an ideal bot that can help you easily connect through an API key, which is going to make sure that they don’t access more than is necessary.
The thing about a trading bot is that you’ve got to make sure that they are only accessing what they need in order to invest your cryptocurrency for you, and they aren’t accessing personal information, like your cryptocurrency assets.
These guys are also really good if you’re somebody who isn’t that experienced as far as coding goes, but you still want to be able to capitalize on some of the best trading bot options in the industry.
You know that arbitrage is the way to go, and you know that you want to be able to implement your arbitrage trading strategies automatically with a trading bot.
8 Quadency
If you’re looking for one of the best Bitcoin arbitrage bots in industry, then you really need to focus on Quadency.
This bot can help you simplify your digital asset experience, and they say that they have everything that you need under one roof to be able to invest in your cryptocurrency, no matter what level of trader you are.
They also say that it is going to be really easy for you to invest your coins with just a couple of clicks of your mouse, or you can even connect to their advanced tools, like automatic trades, and bots.
You can get started and signed up with these guys through a free account, and if you want to be able to explore your investments beyond Bitcoin and Ethereum, you can explore more than 1500 cryptocurrency assets on their platform.
They’re constantly updating and improving their features because they know how important this is to the overall integrity of their website and they give their clients unlimited access to portfolio analytics so that you can be making well-informed trades.
Price: Free
Types of Bots: Accumulator, Bollinger Bands, MACD, Mean Reversion, Multi-level RSI.
Supported Exchanges: AAX, Binance, Bittrex, Kraken, KuCoin, Liquid, OKEx, Binance US, Bitfinex, Coinbase Pro, Gemini, HitBTC, Poloniex
Mobile App: iOS and Android
9 Trality
Trality is another crypto arbitrage bot that is going to make it really easy for you to trade just like a professional.
They are a platform for anybody who wants to be able to make the most of algorithmic trading, and the good news is that you don’t have to take up your entire day in order to learn how to do this.
This is because there are plenty of resources and tools on their website to make it really easy for you to trade automatically using one of their bots, and you can either get started with them straight away and try them for free, or you can watch a video tutorial, where they teach you all about how to make the most of their crypto arbitrage bots.
They say that you’re the perfect client if you are a beginner, or you are a professional, and you have been investing in cryptocurrency for a while.
10 Napbots
Napbots is software that can help you with the marketplace, and they can even help you copy trades.
This means that you can go beyond a crypto arbitrage bot and make the most of existing arbitrage strategies that have been produced by professional investors in the market.
When you are making the most of a professional, you know that you’re going to be able to do well with your trades.
They say that everything about what they do makes it easy for their clients to trade, which means that their strategies are made for all types of different investment levels and styles.
They say that they are passionate about helping their clients improve their success rate, no matter what the market is looking like.
You can also manage more than one crypto exchange account through a single subscription, which is definitely an advantage that you aren’t going to find with every crypto arbitrage bot.
Exchanges Supported By The Crypto Arbitrage Bot
Arbitrage strategies tend to be more effective if a trader uses many platforms and assets. The logic is pretty straightforward: more platforms = more assets traded = more arbitrage opportunities. As a result, experienced traders are looking for software supporting as many crypto exchanges as possible.
Any crypto arbitrage software should have integration with exchanges like Binance, Coinbase Pro, Kraken, OkeX, Gemini, Huobi, KuCoin — the more, the better. A prominent example would be 3Commas supporting 23 major exchanges.
Price Justification Of Crypto Arbitrage
Even the best bot won’t make you profits if it’s too expensive, as such bots might eat out all the money you made. Which is why the software’s cost, trading fees and commissions are important criteria when it comes down to arbitrage.
As a rule of thumb, the more you pay for software, the more functions it prov.
