Best Crypto Trading Robots 2021

Trading and investing in cryptocurrency is gaining momentum and attracting more and more traders every year. But, not all traders are experienced in cryptocurrency trading, and some of them cannot control the trading process all the time. Therefore, the Cryptorobotics team has created very convenient and profitable solutions. One of such solutions is fully automated trading robots. But, before providing you with detailed information about the crypto trading bots, we will tell you what it means.

What are the crypto trading bots?

Crypto trading robots are special computer programs developed to create and submit orders for buying and selling on exchanges platforms. These robots are based on specified trading strategies. For instance, the simplest trading bot can sell Ethereum when the price of a cryptocurrency reaches a certain threshold. One of the main advantages of crypto bots is that they trade for you while you are busy with your household chores or at work.

Cryptorobotics’ Crypto trading robots: Optimus & Cyberbot

The team of developers of Cryptorobotics created two types of crypto trading robots for traders: Cyberbot and Optimus robots.

CyberBot is intended to trade on positive market trends. He does not enter into trades against the trend, which reduces risks and helps traders make a profit.

Optimus is a robot that is developed to earn on low market volatility.

CryptoRobotics robots are considered very profitable, as each user can set up a bot and view detailed statistics of their trade. You can see the following types of statistics on the Cryptorobotics platform:

• Current statistic.

It provides all statistics since the last launch of the robot.

• General statistic.

It shows the general statistics of the robot’s trades for all periods of work.

• Statistics for a period of trade.

Here you can select statistics for a specific period (date).

You can also filter statistics for a specific exchange and trading pair (BTC, ETH, USDT).

There is also a dashboard of statistics for all transactions on the platform. It shows how many successful and unsuccessful trades were and calculates one trade’s average profit or loss. It also shows how many open trades are in the robot.

How to set up an account for a robot?

• Exchange platform — choose an exchange for trading (Binance, Bittrex, Okex, etc.);
• API key — if you have several accounts of the same exchange connected, then you can select the API key from which the robot will trade.
• Main cryptocurrency — select the currency you will trade (BTC, ETH, USDT);
• Trading pairs — check the boxes opposite the currency pairs you want to trade;
• Timeframe — select a certain period of time for the robot’s trading (1h, 2h, 4h, 1d);
• Trade balance — the total trade balance that you trust to the robot;
• Trading lot size — set the amount for one trade.

Besides, in order to make your trading more safe and profitable, you have an opportunity to choose additional settings for the crypto trading bot and like:

• stop-loss,
• take profit,
• trailing take profit,
• risk management,
• repeated purchase of the same coin,
• minimum profit for a sell signal, etc.

After all the settings in the robot have been completed, you must click the Edit robot and Start button, and the robot will be started.

How to stop a crypto trading robot?

To stop the robot, you must click the Stop button. After that, you will have to choose one of three possible options:

• Stop — the robot stops buying and selling, all purchased coins remain on balance;
• Stop buying — the robot will stop looking for new entry points but will continue to look for an exit by already open orders;
• Stop and sell — all open orders will be sold in the coin for which they were purchased by the robot (BTC, ETH, or USDT), and the robot will be stopped.

You also have the opportunity to view the robot’s trades and all the information about these trades.

Conclusion

Crypto trading robots that were developed by our team are in great demand among traders, as they can trade 24/7 and generate passive income. All traders need to do is set up the bot. A big advantage of our robots is that you have the opportunity to use additional settings such as stop-loss, take profit, trailing take profit, risk management to prevent all possible risks for the trader and increase his profit.