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Cryptohopper vs 3Commas vs Shrimpy

What is the best crypto trading bot?

  1. Cryptohopper World-class automated crypto trading bot
  2. 3CommasSmart trading terminal and auto trading bots

1. Portfolio Tracking

Monitoring a portfolio of assets isn’t always easy with cryptocurrency. The fragmented market makes it difficult to manage all of our assets on a single platform. As a result, each of these 3 trading bots provides features that can help us track our portfolio.

Cryptohopper

3Commas

Shrimpy

Also, read our Shrimpy review

2. Trade Automation — 3commas vs Cryptohopper vs Shrimpy

The difference in philosophies shines through when discussing trade automation. While 3Commas and Cryptohopper focus on providing trading strategy automation on single trading pairs, Shrimpy focuses on portfolio automation. Essentially, you can think of 3Commas as a short-term trading platform and Shrimpy as a mid to long-term trade management solution.

Cryptohopper

3Commas

Shrimpy

Also, read our 3Commas review.

3. Smart Trading Terminals - 3Commas vs Cryptohopper vs Shrimpy

Smart trading terminals are an integral part of trading platforms. When complete automation isn’t possible for a strategy, then a trader can take the reigns and execute a strategy manually.

Cryptohopper

3Commas

Shrimpy

Also, read our comparison of the best crypto trading bots.

4. Copy & Social Trading - Cryptohopper vs 3commas vs Shrimpy

Social trading is becoming a growing industry within cryptocurrency. Over the last few years, platforms have been working to find new ways to differentiate themselves from the competition by integrating social trading, signals, and strategy marketplaces. Shrimpy, Cryptohopper, and 3Commas are no different in this sense.

Cryptohopper

3Commas

Shrimpy

5. Supported Exchanges

Before we can decide on a trading bot, we must first ensure our funds are on a supported exchange. Each trading bot supports only a finite selection of exchanges. Rather than attempting to integrate every exchange, most trading bots will select a few specific exchanges that are popular.

Cryptohopper

3Commas

Shrimpy

6. Pricing - 3commas vs Cryptohopper vs Shrimpy

Building financial products is expensive. As a result, each of these platforms has decided to target the professional investor market. The most common way these platforms make money is through a tiered subscription offering.

Cryptohopper

3Commas

Shrimpy

Cryptohopper vs 3commas vs Shrimpy - Conclusion

The cryptocurrency community is beginning to see the emergence of powerful platforms that can automatically manage a selection of crypto assets. While Shrimpy focuses on portfolio management and providing a pleasant user experience, 3Commas and Cryptohopper are designed for the advanced trader who wants to implement complex strategies.

Frequently Asked Questions

  • Cryptohopper or 3Commas or Shrimpy, which is the best trading bot?

Alternative Trading Bots

  1. Bitsgap, is a one-stop crypto trading platform that caters to all your trading needs. It allows its users to bring all their crypto-exchange accounts under the same roof and trade from an integrated interface. Read our Bitsgap review.
  2. Quadency, a crypto trading automation platform launched in 2018. It brings you a smarter way to trade and manage your crypto. Read our Quadency review.
  3. HaasOnline is one of the oldest and most reputable automated trading companies in crypto. Their distinguished reputation comes from their trade automation software that has been executing trading strategies for crypto traders since 2014. Read our HaasOnline review.

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Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com, Email  — gaurav@coincodecap.com

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