10 Best Crypto Trading Bots in the Market (Updated 2020)
As crypto markets are starting to slowly recover from the 2018 bear market, we’re noticing an increased trend of users interested in automated crypto trading bots and services.
In this article, we’ll be exploring the top crypto trading bots that are currently available in the market. Let’s take a look at the top players. The infographic below breaks down 8 of the most popular automated trading bots used by crypto traders by monthly website visits (data collected from SimilarWeb).
We can see the top 3 trading bots by monthly website visits are 3Commas, Cryptohopper, and Shrimpy. These trading bots sustain 1.7M, 487K, and 80k monthly visits respectively. Let’s go over all of the top trading bots and see how they differ.
3Commas is one of the most well-known trading bots in the market. The name referencing the billion-dollar club is a Russian made software solution.
3Commas is a crypto trading terminal which features bot trading and portfolio management. It features a SmartTrade terminal that allows users to execute orders and trades, set bot-trading, and stop-loss/profit positions.
Their plans range in pricing from $22 to $75 per month.
Binance, CEX.io, Coinbase Pro, Bittrex, BitMEX, Poloniex, YoBit.net, KuCoin, Bitfinex, OKEX, HitBTC, Huobi Global, Bitstamp, Cryptopia.
Also Read: 3Commas Review
HaasOnline is an automated crypto trading bot that lets users automate their crypto trading strategy in all their exchange accounts from a single customizable dashboard.
HaasOnline offers complete and granular control for each trading bot, offering a wide configuration of trading indicators into each bot.
If you are looking for an enterprise solution, Haasbot may be the solution for you. The feature list feels like it supports everything under the sun. From market making to zone recovery.
Some of the most notable features include:
- Accumulation Bot
- Flash Crash Bot
- Ping Pong Bot
- Trend Lines Bot
This enterprise-grade trading bot platform certainly carries the enterprise price tag. The lowest pricing tier is $200 / 3 months and quickly ramps up to $600 / 3 months.
Binance, Bitfinex, BitMEX, Bitstamp, Bittrex, CCEX, CEX.io, Cobinhood, Coinbase Pro, Deribit, Gemini, HitBTC, Huobi, ionomy, Kraken, KuCoin, Nova, OKCoin, OKEX, OKEX Futures, Poloniex.
Also Read: HaasOnline Review
Shrimpy is the leading portfolio management application. Unlike other trading bots, Shrimpy focuses on portfolio strategies such as rebalancing. Automate your portfolio in under 5 minutes by signing up, plugging in exchange API keys, selecting assets, and entering a rebalance period. It’s the low maintenance way to simplify your crypto involvement.
As a new crypto trader, you may also find the social features on Shrimpy to be exactly what you are looking to use. Rather than developing your own strategy, copy the trading strategies of some of the top investors in the world.
Social Portfolios are Changing Cryptocurrency (Updated 2020)
Selecting which assets should be in your crypto portfolio is complicated. With Shrimpy , we have already created the…
Shrimpy’s Universal Crypto Trading API provides a solution for developers to manage all their users, essentially acting as a complete user management solution. Instead of bogging down your servers with user requests, each user can directly communicate with Shrimpy to access their accounts, execute trades, and collect data. This frees up development resources and allows your team to focus on your core product offerings.
Beyond the back-end system architecture necessary for low latency trading applications, developers who try to integrate exchanges manually are also faced with maintaining each exchange through sporadic updates. As the number of exchanges increases, so does the difficulty with maintaining these exchanges. Using the Shrimpy APIs doesn’t require any maintenance. The Shrimpy team handles exchange integration and any updates that require immediate attention.
Shrimpy’s Universal Crypto Exchange API was created to address critical developer challenges in the crypto space:
- Low-Latency Order Execution & Automated Trading
- User Authorization and Management
- Business & Product Scaling
- Real-time Data & Analytics
The Shrimpy plans range in pricing from $13 to $19 per month. The core plan provides access to all portfolio allocation, trading, rebalancing, and exchange management features.
KuCoin, Bittrex, Coinbase Pro, Binance, Kraken, Poloniex, Huobi, Gemini, Bibox, BitMart, Huobi Global, HitBTC, OKEX, Bitstamp.
Also Read: Shrimpy Review
Trality is the platform for anyone to create and invest through automated trading bots.
The Vienna-based company was founded in 2019 by Moritz Putzhammer and Christopher Helf who had a vision of bringing advanced automated technologies from Wall Street to everyone. Whether you’re an advanced Python developer, a casual trader, or just getting started — they offer some unique and powerful tools to help anyone create the most profitable trading algorithms possible.
With the world’s first browser-based Python Code Editor, advanced traders can take advantage of an easy-to-use API and a long list of TA indicators to really customize your bot with great flexibility.
The Rule Builder is Trality’s state-of-the-art tool which allows anyone who doesn’t have Python skills to build advanced trading bots by simply dragging and dropping indicators and strategies in a super simple graphic interface. There are hundreds of indicators to choose from and you can even use pre-defined, curated strategies to help you get up and running.
For both of these tools, Trality allows you to execute lightning-quick backtesting with historical data to really validate your strategy and get a clear understanding of risk.
Besides the free Pawn plan, they have subscriptions ranging from €9.99 to €59.99 per month.
Binance, Kraken, Bitpanda, Coinbase Pro
Also Read: Trality Review
Cryptotrader is a cloud-based algorithmic trading platform for Bitcoin and other cryptocurrencies. Cryptotrader provides automated trading bots on a scalable cloud capable of providing instant alerts and notifications.
In addition to automated and indicator-based trading bots, Cryptotrader also has a Strategy Marketplace that lets users purchase trading strategies. Cryptotrader also lets users backtest trading strategies.
Their plans range in pricing from $16 to $200 per month.
Binance, Kraken, Coinbase Pro, Bittrex, Bitfinex, Poloniex, Huobi, Bitstamp, OKCoin.
Coinrule is a rising automated trading service that focuses on indicator-based trading. Instead of automating a strategy for the long-term, Coinrule is concerned with the intricate interactions that go on in the market on a minute-by-minute basis. As the price of your assets change throughout the day, the automated trading bot will execute the trades for your specified trading strategy.
We recommend Coinrule for cryptocurrency traders who want to be hands-on with their funds. Continuously updating your strategy and tinkering with the bots to get the optimal results can be time-consuming, so this trading bot is ideal for people who have the time to invest in fully learning the strategies they implement.
The Coinrule pricing starts at a reasonable 9.99 / mo, but quickly ramps up to $199.99 / mo for the most advanced plan. With $9.99 you can connect 2 exchange accounts and automate 5 rules at a time.
Also Read: Coinrule Review
Cryptohopper is a crypto trading platform that focuses on automated bot and copy trading. Cryptohopper allows users to trade based on either their own personal indicators or copy other traders’ strategies.
Users can build a trading strategy using over 130+ indicators & candlestick patterns in Cryptohopper’s trading strategy designer. It also features a marketplace where users can buy-and-sell trading signal and strategies from preconfigured setups from screened traders.
Cryptohopper also offers paper trading for those interested in trading “risk-free”
Their plans range in pricing from $19 to $99 per month.
Huobi, Binance, Poloniex, Bittrex, Coinbase Pro, Kraken, Bitfinex, KuCoin, Cryptopia.
After several years in the market, Gunbot still remains one of the lesser-known competitors in the market.
Gunbot is a desktop application that is downloaded in order to run. This means you will need to run the service yourself 24/7 to ensure the continued execution of your trading strategy. This can be a concern for many traders who are constantly on the go. Setting up a machine that runs 24/7 can become costly and frustrating.
Some of the most prominent features in the application include:
- Reversal Trading
- Confirming Indicators
Gunbot is not for everyone. It carries one of the largest price tags among trading bots in the market. The cost to get started can be nearly $1,000 if you want to have access to linking up to 5 exchanges and all trading strategies. It’s certainly not for everyone.
CryptoBot supports Bitmex, Poloniex, Bittrex, Binance, Coinbase Pro, Cex.io, Kraken, Bitfinex, Kucoin, Cryptopia, Huobi.
ProfitTrailer is a crypto trading bot and terminal software that lets users construct their own trading bot based on indicators or signals.
In addition to indicator and signal-based trading, ProfitTrailer also lets users subscribe to signals and run concurrent trading strategies on a single exchange. It also has an advanced paper trading feature for no-risk traders.
ProfitTrailer offers monthly packages from €39/month to €89/month, with the option to purchase lifetime licenses.
ProfitTrailer supports Binance, Bittrex, Huobi, Kucoin, Poloniex, VPS.
Margin is an automated trading terminal designed exclusively for bitcoin and cryptocurrency traders. It offers a clean trading interface with a focus on providing a simple user experience with beautiful visuals for an exceptional trading experience. Margin also lets users to quickly set up automated trading bots and strategies with a suite of widely used trading indicators.
Margin offers lifetime licenses starting from $89 and up to $1999.
Zignaly can be considered a more complex competitor to Coinrule. Providing crypto trading signals, indicators, and TradingView connectivity, traders can execute a detailed strategy by combining various signal-based strategies.
In addition to trading based on various indicators, Zignaly has opened up a position-based trading terminal that allows traders to set specific orders on the exchange without automating the strategy.
With the large number of features supported by Zignaly, it comes as a bit of surprise that the only exchange they support is Binance. Without a Binance account, you are out of luck with this service.
Some of the core features they support include:
- Trailing stop loss
- TradingView Bot
- Multiple Targets from signals
There is currently only a single pricing tier for the Zignaly application. Everything they offer can be purchased for $15.99 / month. This includes unlimited coin pairs and positions.
Altrady’s unique automated crypto trading tools have thousands of traders using it every day to maximize returns by automating their trades. The company offers several types of bots, including GRID and SIGNAL Bots that provide experienced traders with an easy way for them to take advantage in fast-paced markets without having any knowledge or skill set on hand.
Altrady GRID Bot with Trailing Up and Down
The Altrady GRID Bot is the perfect tool for traders who want to take advantage of both up and down market trends. With it, you can specify an upper price limit as well as lower one so your trades will always be safe even if there’s a huge move in either direction! You also have Take Profit and Stop loss available which makes trading easier than ever before.
Altrady Signal Bot with TradingView Webhook or Crypto Base Scanner Signal
Signal bots are a great way to get in on the action with minimal effort. Simply configure your entry and exit settings, then let this bot do all of the work for you!
In order to use the Signal bot with custom signals, you will have to configure a signal bot with webhook
Altrady offers the complete toolset for every style of crypto trading:
- Trade on multiple exchanges and exchange accounts
- More than one account on a single exchange
- Real-time break-even calculation
- Offline price and order alerts
- Visual trade feedback on the chart1
- Unique integrated market scanners
- Trade automation with take profit and stop loss
- Signal bots with tradingview webhook or Crypto Base Scanner signals
- Grid bots with trailing up and down
- Portfolio management with subaccounts
- Trading analytics
Worth mentioning that they are continuously improving their set of features, and on their short roadmap Q3-Q4 of 2022, they will add:
- New mobile app
- Portfolio with external wallet support
- Dex integration
- Paper trading
Leverage your knowledge and skills with the most advanced trading platform there is: Altrady 14 DAYS FOR FREE
There are several trading bot solutions that exist in the market. Ultimately, your choice of trading bots ultimately rests on your crypto trading strategies and preferences.
Do you want absolute control over your trading bot and configure every bit of detail? Do you just want to use a simple trading bot that doesn’t require much setup? Or do you just want to pay and copy someone else’s trades?
The following table is a quick reference for crypto traders interested in implementing an automated trading bot solution for their own crypto asset portfolio.
Build your own Crypto Trading Bot with Shrimpy
Want to build your own trading bot like the ones mentioned above? Shrimpy actually lets developers create their own crypto trading application with the Universal Crypto Exchange Trading APIs, which will take care of the communication and trading interaction with crypto exchanges, thereby allowing developers to focus on creating their custom trading bot or application.
Get started today with Shrimpy’s Crypto Trading API.
Shrimpy is a trading bot that simplifies crypto portfolio management. Linking your exchange account to Shrimpy unlocks convenient trading features that can help you automate your crypto strategy. Try it out today!
Shrimpy’s Universal Crypto Exchange APIs are the only unified APIs for crypto exchanges that are specifically designed for application developers. Collect real-time trade or order book data, manage user exchange accounts, execute trading strategies, and simplify the way you connect to each exchange.
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