10 Best Crypto Trading Bots

Barterify
CryptoNiche
Published in
7 min readNov 17, 2022

Crypto bot is an automated software designed to monitor, analyze and execute transactions on digital currency exchanges. Typically, these types of robots use algorithmic trading programs to automatically buy and sell cryptocurrency based on specific strategies.

Cryptocurrency trader bots have been created with the aim of increasing profits and protecting traders from possible risks in the field of investment. These smart bots help traders to manage all their trades in one place and do not need to move a lot.

How to choose the best cryptocurrency trading bot?

To choose the best cryptocurrency trading bot, you should choose a bot that has the following factors:

• high security

• Reliable performance

• Significant profitability

• Have automatic transactions

• Easy user interface and easy to use

When using cryptocurrency trading bots, you should note that you should not leave all the management to the bot. You should also be careful not to open your trades for long periods of time.

Advantages of cryptocurrency trading bot

From the speed of reaction to the processing capabilities of a machine, crypto trading bots have many advantages.

1) Eliminate emotions

A crypto trading bot’s decisions are logical and immediate and operate based on specific strategies. Eliminating FOMO, the greed for profit, and the human tendency to fear uncertainty creates a more streamlined trading process.

2) High efficiency

Trading bots react immediately and trade within your preferred settings. Combine instant decision-making with fast processing time for market information, trading patterns, and risk assessment and you will experience unparalleled efficiency. Cryptocurrency trading bots eliminate human error, while also minimizing potential delays from manual management and analysis of large data sets.

3) Regular trade

Even though there is no single formula for success in a market as volatile as digital currencies, automating the trading process through robots ensures stability and orderliness of trading. Operating under predetermined trading conditions, robots ensure long-term performance with constant market analysis.

4) 24 hours a day active

Crypto markets never shut down and trading bots are the only solution for anyone who wants to maximize their earnings 24/7.

5) Social trading

In addition to developing your own trading strategies, you may want to have the option to follow other traders and other common strategies used in the product. A good strategy market built into your chosen trading tool makes it easy and affordable to benefit from profitable trading strategies.

In the following, you will see a list of the best cryptocurrency trading bots and learn about their features and applications.

1. Pionex Trading Bot

Pionex trading bot is one of the best cryptocurrency trading bots. With Pionex bot, you can automatically check all your trades 24 hours a day without repeatedly checking the cryptocurrency market.

Pionex is a cryptocurrency exchange with built-in trading bots. You have access to 18 unique trading bots and they are free to sign up for. These bots allow you to automate your investment strategy so that you don’t need to constantly monitor the market.

  • Pionex Features:

– Transaction fees are very low compared to the volume of transactions.

– Creating 12 trading bots for free for retail investors

– Providing 12 free trading robots for retail investors

– This bot is completely free

– Exchanges: Binance, Huobi Global and Pionex

2- Dealerify Trading Bot

Dealerify is one of the smartest cryptocurrency automatic trading bots, which allows the management of possible market risk.

It is suitable for traders of all skill levels. This bot has a very simple and friendly user interface and works great for digital asset protection and profitability.

If you want to try a trading bot for the first time, a free trial with Dealerify is a great place to start. This platform allows you to trade directly from the Dealify interface instead of going to an exchange.

Due to providing services such as the ability to choose profit and risk according to the user’s needs, the ability to access previous data, free technical tools, and the ability to be used in different exchanges, Dealerify bot is included in the list of the top cryptocurrency bots.

  • Dealerify Features

– Easy and suitable user interface

– It has the ability to choose between profit and risk based on the user’s needs.

– The user can personally determine the maximum risk of his transactions.

– Customization of bot services is possible.

– Very good support for traders

– It automatically supports the transactions made.

– Technical analysis by the trader is possible.

– High security and API protection are provided.

– Providing clear and accurate reports

3- Cryptohopper Trading Bot

Another popular trading bot in the cryptocurrency market is Cryptohopper, which is popular due to the features it offers to users. One of the features of this robot is the simultaneous management of user accounts in different exchanges in one place.

This bot has a program with a convenient and user-friendly interface that can be installed on IOS and Android operating systems. Another reason for the popularity of this trading robot is to provide regular and accurate performance reports.

  • Cryptohopper Features:

– You can achieve different strategies and patterns

– This bot has access to many exchanges, including Binance, Binance.us, Bitfinex, Bittrex, Coinbase Pro, HitBTC, Huobi, Kraken, KuCoin, OKEx, Poloniex.

– Personal and technical analysis by the user

– High security

– It is free to use

– Provides timely reports.

– Determining various strategies and patterns

4- 3Commas Trading Bot

One of the best bots for buying cryptocurrency and its transactions, which is active in a completely intelligent way in short-term, medium-term, and long-term transactions, is the 3Commas. This robot has a very simple and smooth user interface and works great for digital asset protection and profitability.

The 3Commas robot is one of the most transparent systems that work with the parameters you set and protects your funds through an algorithm for financial protection.

This robot trader has an Android and IOS mobile application that facilitates users’ access to the robot’s services. In addition, this robot also supports backtesting and many indicators such as average cost.

The services in the trading robot 3commas are provided in two ways, free and professional, in order to access the professional services in this trading bot, users are required to pay $594 annually.

  • 3Commas Features

– Ability to copy settings data from other robots

– Available for Android and IOS users

– Supports backtesting.

– Exchanges: Binance, Binance, DEX, YoBit and …

5- HassOnline Trading Bot

Another very powerful cryptocurrency trading bot is the HassOnline bot. This robot is suitable for novice or even fully professional traders. HassOnline robot can help you make a profit even if you have a good grasp of the pulse of transactions in the crypto market and are a professional analyst.

The exchanges that this robot has access to for trading digital currencies are many and include the following:

Binance, Balance Futures, Binance.us, Bitfinex, BitMEX, Bitpanda Pro, Bitstamp, Bittrex, Cex.io, Coinbase Pro, Deribit, Gemini, HitBTC, Huobi Global, Ionomy, Kraken, Kraken Futures, KuCoin, OkCoin, OKEx, OKEx Futures, Poloniex

  • Hassonline Features:

– Supports backtesting.

– This robot is active in Coinbase, Binance, Bittrex, etc. exchanges.

6- Zignaly Trading Bot

The sixth trading bot is called Zignaly, which is actually a terminal for transactions. Like the cryptocurrency market, this robot can be used around the clock and on all days of the week. This bot has a service with which you can monitor the market and cryptocurrency signals.

This robot has real-time monitoring and control service of the cryptocurrency market and can be launched in different systems and check trading results in any situation.

  • Zignaly Features

– Can be used on various smart devices

– The possibility of analyzing and checking the results in different situations

– The service is free to use

– Ability to split the trader’s targeted profits

7- Shrimpy Trading Bot

Among the best cryptocurrency trading bots, Shrimpy bot has something to say, which is actually a social trading platform for cryptocurrencies. There are ready-made strategies for users that help them perform well in the market. It also reduces the risk of trading and helps the user to make stock strategies.

This robot has access to many exchanges for trading digital currencies, including:

Bibox, Binance, Binance.us, Bitfinex, BitMart, Bitstamp, Bittrex, Bittrex Global, Coinbase Pro, HitBTC, Huobi Global, Kraken, KuCoin, OKEx, Poloniex

  • Shrimpy Features:

– View prices in real time

– Exchanges such as Coinbase, Kraken, KuCoin, Bitfinex, etc.

8- TradeSanta Trading Bot

Trade Santa trading robot, which is included in the list of the top cryptocurrency trading bots, has helpful services that enable traders to manage risk. In addition, this bot provides access, including the choice of trading style and strategies compatible with each user’s transactions, and it can be used to launch different buying and selling positions.

They have great tutorials and 24/7 support. You can build your own strategy using their Long or Short templates or customize your own from scratch. They currently support 6 exchanges.

  • TradeSanta Features

– Used for buying and selling transactions

– The ability to use ready templates

– 24/7 support

– It operates on exchanges such as Binance, Huobi, Upbit, HitBTC, Bittrex, and Bitfinex.

– The possibility of setting up this trader robot for buying and selling positions

– The possibility of buying and selling high amounts of cryptocurrency

– Access to a large number of preset patterns

9- Bitsgap Trading Bot

Bitsgap is one of the best trading bots that traders can use to manage their capital easily. Creating a strategy in this robot does not take much time and is easily possible.

Also, this tool is connected with many exchanges and has access to them for transactions, including:

Binance, Bitfinex, OKEX, Huobi, HitBTC, Bittrex, Kucoin, Exmo, Kraken, CEX.IO, Livecoin, Poloniex, Bitstamp, Coinbene, Coinex, Gemini, Gate.io, Liquid, Yobit, Bibox, Bit-Z, DDEX, BigOne, Bithump.

  • Bitsgap Features

– 24-hour and fully automatic operation

– The possibility of exchanging more than 30 pairs of cryptocurrencies

– You can use it without downloading and installing the application.

– It is active in exchanges such as Binance, HitBTC, BigOne, etc.

10- Coinrule Trading Bot

This bot is a platform that works automatically. Coinrule bot allows users to complete their transactions in different exchanges with more than 120 strategy patterns.

Based in the UK, Coinrule is one of the new trading bots on the market, and its focus is on making trading strategy design as accessible as possible. With a beautiful user interface and an extensive tutorial section written in simple terms, the platform is designed with beginners in mind.

This bot has access to a few exchanges to carry out cryptocurrency transactions, including:

Bitpanda Pro, Bitstamp, Bittrex, Coinbase Pro, HitBTC, Kraken, Liquid, Poloniex, OKEx

  • Coinrule Features

– Providing services at the right times

– Exchanges can be made 24 hours a day, seven days a week.

– Coinrule provides indicators that the user can use to invest easily

– Exchanges: Bitfinex, HitBTC, Binance US, Binance, Poloniex and…

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