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Best trading bot bitcointalkCryptocurrency trading bots compared - | Finder UK
You can check out our full review of Coinrule here. Visit Coinrule. Unlike many of the other trading bots on this list, Exchange Valet is more of a trading toolset and crypto portfolio management platform. Exchange Valet is filling in the gaps with commonly used trading tools like simultaneous stop loss and take profit orders. If you are used to using a trading platform like MT4 or MT5, the ability to set simultaneous stop loss and take profit orders is taken for granted.
Exchange Valet lets you set both stop loss and take profit orders at the time time, which is extremely useful for active traders. If you are wrong about the direction of the BTC market, there is no need to stick around and watch your trading capital get eaten up by a nasty downward price movement.
If you got it wrong, your stop loss will keep a volatile market from blowing up your trading account. Exchange Valet also allows you to keep an eye on all your positions, and rebalance them almost automatically. Exchange Valet will give you a simple input field that will let you buy whatever percentage of any crypto that you like. This is an easy way to make sure you maintain the balance of cryptos that you like, without doing a ton of work.
Exchange Valet also has solid communication tools. All of your orders can be delivered via Telegram they call it Speedtrade , and other information will be emailed to you if you like. It is also limited to Binance and Bittrex.
This may or may not be an issue, but it is something to consider. Exchange Valet is also costs cryptos to use. If you are an active trader with a big portfolio these prices could make sense, although there are other platforms that give you more features for a similar price.
Two areas where Exchange Valet shines are security and connectivity. If you prefer to trade your own account, Exchange Valet could be a great tool for you. While it does lack algo-based trading features, it does offer traders all the tools they would find on a conventional trading platform.
Exchange Valet takes your security seriously, which is great to see. The communication tools that Exchange Valet built are also useful. If you are looking for a platform that fills in the gaps that exchanges left open, Exchange Valet is worth a deeper look! Read our full review of Exchange Valet here. Visit Exchange Valet. The CryptoTrader bot is a cloud based trading bot that provides users with fully automated trading solutions while not requiring them to install the bot on their own system.
Cryptotrader supports most of the major exchanges for both backtesting and live trading, with the backtesting tool allowing users to review how their strategies would work under different market conditions. CryptoTrader offers five different subscription plans, with fees ranging from 0. The CryptoTrader bot also has a wide level of interoperability, with the service offering email and text notifications to alert users on important market events or changes in trends.
Read our Indepth Review of CryptoTrader. Visit CryptoTrader. Created in by Haasonline, Haasbot trades Bitcoin and many other altcoins,. Although Haasbot is probably the most complete of the trading bots that are currently available, doing much of the labour with relatively minimal input required from the user, in order to provide this service it is pretty expensive, with costs ranging from between 0.
At those prices, it is clear that anybody willing to take a chance on it should be knowledgeable about what they expect to get out of the platform and be committed to doing so.
The more you decide to spend, the more bots you will have access to on the platform. Given the prices involved in using the bots, it is a good idea to do some research on the returns they have generated in the past. Zignaly is a trading terminal with cryptocurrency trading bots that lets you trade automatically with help from external crypto signal providers. The platform is incredibly easy to use and can be utilized as a passive income machine. Zignaly lets you easily connect with a TradingView account, so you can use it with your favorite indicators.
Alternatively, you can use the Zignaly trading terminal to create your full strategy at once. Because Zignaly is still pre-launch, the number of exchanges that it operates with is limited. The company also plans to offer its clients unlimited currency pairs without any additional cost. Apex Trader is another newer platform which offers and easy intro into trading automatically use bots.
The platform features trading bots that can be used to employ a number of trading strategies, and work via API connections to popular cryptocurrency exchanges including Binance, ByBit , Kraken, and KuCoin. Visit Apex Trader. Club is a simple way to gain access to advanced trading features. The platform was designed in Russia, and currently works on Binance and Bittrex.
The platform offers traders automated buying and selling algos, as well as advanced order types. One of the first things that you will probably notice about Cap.
Club is the simplicity of both its website and interface. If you are just getting into automated trading, or have little coding knowledge, this simplicity could be a big plus for you. The free version will give you all of the trading strategies that the full platform features, but you will be limited in how many can run at once.
The free account is also limited in communication. The full version will send you alerts via both Email and Telegram, but the free one is only going to contact you with Email. If you want to use the platform for free, it is ready to go. In addition to limit and trailing orders, Cap. Club offers it users three trading programs:.
These algos seek to make money automatically for Cap. The platform that Cap. Club put together offers a lot of value, and also is a nice compromise between an algo-driven trading platform, and a trading platform that gives you some of the normal trading tools that are lacking on most crypto exchanges. Club also includes a visual strategy editor with both the free, and premium package. Instead of having to write your own algo in code, you can use a visual strategy editor to lay it out with symbols.
Once you have the strategy together, it is simple to run. You may find that your strategy ideas are profitable, and they could help you outperform the market. The fact that Cap. Club allows you to use its platform for free is great. While you will be limited in how many strategies and APIs you can run at once, it will help you to figure out if the platform makes sense for you.
For frequent traders having some sort way to use limit and trading orders is almost necessary. Trailing stops and take profit orders can help you to ride a winning position, which makes it possible for a single position to make the entire subscription worthwhile. That said, it is really easy to set up Cap. Club with Binance and Bittrex, which makes opening a new account at one or both of the exchanges worth thinking about.
Once you open up your Cap. Club account, all you have to do is go to the exchange of your choice, and generate an API. You will get a new API, and a secret code. Just go back to Cap. Club, and enter the info into the fields it provides you with. The process is super simple, and should only take you a few minutes.
Club also has a deep support section online. If you need help connecting your exchange account to their platform, or figuring out how to use any of the tools, you should be able to find any information you need. The support is included with both account types, which is a great feature. Overall Cap. Club looks like a capable automated trading platform that also gives traders some useful tools, as long as you use one of its two supported exchanges. Signal is a platform that is made specifically for Binance.
Signal does give traders on Binance some badly needed tools, and a high level of connectivity. Much like Exchange Valet, Signal gives traders the tools they would find on a trading platform like MT4. In addition to simultaneous stop loss and take profit orders, it also allows traders to program laddered buying, as well as trailing stops.
Most of the features that Signal offers are extremely useful for traders. If you trade on Binance and are looking for advanced trading tools, Signal could be the right platform for the job. As mentioned above, being able to use stop loss and take-profit orders simultaneously is a must for traders. In addition to adding simultaneous stop loss and take-profit orders, Signal gives you the ability to buy into a position over a period of time.
Instead of buying your entire position at one, you can automatically set Signal up to do the buying for you. This can also be good for larger traders who want to spread their orders out, and reduce the chance they will influence the market price of a token noticeably.
The sell existing coins tool allows Signal users to sell specific coins, and the targets tools lets traders set levels where positions can be sold. Both tools may be handy for advanced traders. Signal offers a simple set of tools, but it can be accessed from almost any device. Connectivity is one area where Signal shines. You can use the platform from just about any device, including the two most popular mobile operating systems.
If you are looking for a fully-featured trading platform for Binance that you can use almost anywhere, Signal is a good fit. The platform will also notify you via SMS when your orders are executed, which can be handy if you need to stay on top of the market. It also gives you the ability to track your trading performance over time, which can be very handy if you are trading frequently.
If Signal is free to use, and the team behind it is planning to add exchanges and features in the future, it is very promising for the platform. As of now, there are currently , registered users and 26 supported exchanges.
Recently, 3commas has collaborated with Binance. Under the broker program, you can create a free Binance account and utilize tools from the 3commas platform. When you purchase the 3Commas Pro version, you will also receive access to a free trading course. Since our last update about top crypto bots, 3Commas has reduced the price of all of its subscription levels. Note: 3 commas offers free 3 days FULL access and ability to use it for free.
Gunbot also known as Gunthy boasts of over active traders. Instead, you install software, which collects no data about your usage. Payments are accepted through Bitcoin, Litecoin, Ethereum, and Dash. Gunbot offers four price packages depending on the features you want on the bot. Cryptohopper is a cloud-based crypto trading bot that works with a wide range of exchanges and coins. Crypto Hopper offers speedy automated trading and portfolio management for over cryptocurrencies. The cloud-based bot currently has over , users.
The more points that are gathered, the more benefits users can earn. For instance, they can get discounts, become a marketplace seller, and earn cashback credits. Read Full CryptoHopper Review 4. TradeSanta is a new cloud-based tool but with an already established reputation. Along with supporting basic order types, automated bot can execute more advanced strategies.
However, some functionality may take a lot of time to get accustomed to. TradeSanta might not have as many features as other entries on this list — however, you can do quite a bit for free, and its services are high-quality. TradeSanta has also made some Quality of Life improvements, including stability improvements and increased site speed. The bot is now available in Russian. Additionally, TradeSanta offers technical indicators including Trade filter, Volume filter, and Bollinger signal , an extra orders feature, buying coins for a commission, etc.
You can also set the bot to enter trades at the market prices, buy more of the asset as the market goes against a position and much more. Read Full TradeSanta Review 5. BitUniverse users can log into their account on the Pionex platform.
We did not include BitUniverse or Pionex in our previous list of the best crypto bots. However, due to their collaboration and increased benefits, we now believe that they deserve a 5th spot. There is a 0. Gekko is an open source cryptocurrency trading bot that you can download on GitHub platform. The bot is compatible with the major operating systems Linux, Windows, and macOS. It also runs on raspberry PI and cloud without any issues. Zenbot is yet another open source bitcoin trading bot.
You can modify it to suit your trading preferences, and you can use it on all major operating systems. Autoview is a low-cost crypto trading bot that comes in the form of a Google Chrome extension. CryptoTrader is an automated cloud-based crypto trading bot. BTC Robot is a pioneer automated Bitcoin trading bots. It runs well in the major operating systems, although its prices in various platforms vary — Mac users pay more compared to Windows users.
Shrimpy emerged on the market, in , and has quickly gained popularity in the trading community. This is why they offer a good range of services for free. All business operations are conducted transparently. If there is anything to update users on, the team puts out statements on their social media accounts. The primary feature of this tool is a built-in auto trade algorithm that can place orders on your behalf.
Aside from automating the trading process, Shrimpy can offer a decent range of additional features:. Shrimpy offers a free Hodler trading bot package that gives you access to all portfolio tracking features. Ideally, the list could be more extensive, but the team is working on adding more crypto exchange APIs. Zignaly is another cloud-based platform requiring no installation or server updates.
External signal providers there are currently more than 20 providers are part of the platform and help users automate the trading process. At this point, this subscription gives you access to priority support, unlimited coin pairs, and positions.
In the future, the company assures there will be unlimited exchanges. At this point, Zignaly only supports Binance. It might present limited opportunities to traders, but the recent announcement stated that they are planning to add Bittrex as well. Over the last two years of existence, ProfitTrailer has managed to acquire quite a good reputation.
There are conflicting reviews, but the bot is definitely worth a shot. You can get a closer look at this tool with free signals included within the cheapest package. ProfitTrailer lets you choose between five packages varying in API key slots, trading settings, configuration saves, buy-sell strategies, and some other features.
ProfitTrailer supports all coins listed on these platforms. The team behind Kryll. This online platform for automated cryptocurrency trading strategies appeals to traders with different experience levels. If you want to create a strategy and test, you will not be charged for it.
The fees depend on the amount of KRL tokens you are holding. With further development, there should be a more extensive list of available platforms. Exchange Valet is a desktop app available to Windows, Mac, and Linux users. The app is mainly focused on automated trading functionality. Unfortunately, there is little information known about the team behind this project. For users who are not well-versed in cryptocurrency, there are many educational resources on the platform. Along with FAQ articles and tutorials, users can connect to their Telegram and Discord to remain updated on all the news.
For any of the packages, you can request a day trial. Currently, you can automate cryptocurrency trading on Binance and Bittrex exchanges. For traders who want a wider variety of options, it might be a problem. The Margin. The interface was improved, and some functionalities were added. The pricing plans for this service are organized as a one-time payment.
There are three types of licenses you can choose from:. As of right now, there are already many supported exchanges. The full list is available on the official website. Autonio is a decentralized, artificial intelligence trading tool.
According to the team behind this project, AI-based algorithmic trading makes this tool fundamentally different from other services. You will also have to pay a one-time registration fee. After that, you will have unrestricted access to the Autonio functionality. The cryptocurrency pair combinations you can trade with depend on what currencies are listed on these exchanges.
Tradewave was not a traditional trading bot. The platform was shutdown in USI Tech is a Forex trading bot that also offers cryptocurrency trading packages.
As a user, you have no control of the bot. You can opt for your preferred investment plan from which will then earn you about 1 percent of your capital daily. There are some specific key functions to keep in mind when considering a cryptocurrency trading bot. DCA dollar cost averaging bots follow the DCA strategy, meaning that they invest into an asset at present intervals. This will reduce the entry price over time, allowing the trader to get a more ideal average price for their position- and, in turn, reducing consequential risks from local price movements.
DCA Bots can automate this process, thus saving you money. Options are high-risk financial instruments that can be tricky to master — thankfully, options bots make it easier. To learn more about how Options work, check out our comprehensive blog post on the subject. The bot places an initial buy order and then more orders if the price moves in the opposite direction.
The primary difference between the two bots is that a GRID bot places a separate take profit order for each buy order — whereas a DCA bot will place one take profit order for all buy orders. Some crypto bots have social trading features. When a trader uses a social trading strategy, they will observe the trading behavior of expert traders and peers and then follow along.
Bots that have social trading hardcoded in will automate this process. Crypto bots with backtesting features will use historical data to reconstruct trades that would have happened in the past. The final result will offer the trader statistics to gauge the effectiveness of those trading strategies. The underlying theory is that a strategy that worked in the past will likely work in the future.
Trading securities are stocks and bonds that will be purchased and sold to make money in the short term. These are fast-moving investments, so it helps to have a bot to keep on top of it, since these investments are often traded on a daily basis. It can be seen as a safety net. Now you have made a 2. Find a wide range of free and paid bots and strategies in the Cryptohopper marketplace. HaasBot Cryptocurrency Trading Bot. Key features: Fully customise your own bots with the HaasScript or C programming languages.
Get pre-programmed bots with lightly customisable HaasBot strategies. LiveTrader Cryptocurrency Trading Bot. Windows macOS Linux Cloud. Key features: Trade securely across a range of major cryptocurrency exchanges. Experiment with your bot in live market conditions to test your strategy. Cryptotrader Cryptocurrency Trading Bot. Key features: Create your own crypto trading bots.
Some programming experience required. Buy, rent or use free bots from the Cryptotrader marketplace. HodlBot Cryptocurrency Trading Bot. Free accounts available. Key features: A simple, lightly-customisable rebalancing bot. Choose the balance of your crypto portfolio composition, and it will automatically maintain the chosen composition.
Load More. Compare up to 4 providers Clear selection. ProfitTrailer Cryptocurrency Trading Bot. Key features: Build your own bot by combining a range of strategies and indicators. Program your bot to respond to your own TradingView signals or subscribe to a select range of external signals. Key features: Quickly and easily create deeply customisable bots, and visualise their strategies with the margin graphic user interface.
What are signals? Arbitrage Cryptocurrency arbitrage is a strategy that allows you to take advantage of price differences between crypto exchanges. Market making The market making strategy involves continuously buying and selling cryptocurrencies and digital currency derivatives contracts in order to profit from the spread between the buy and sell prices. Trend trading This strategy involves programming a bot to identify the price trends of specific cryptocurrencies and then execute trades based on those trends.
Mean reversion The key underlying principle of the mean reversion strategy is that there is a stable trend in the price of a particular cryptocurrency. Want to learn more about trading cryptocurrency?
Check out our comprehensive cryptocurrency trading guides: Cryptocurrency trading How to do technical analysis. Bottom line Cryptocurrency trading bots can be an extremely handy tool for traders, but only when used properly. Are cryptocurrency trading bots legal? Yes, it is legal to use bots to buy and sell cryptocurrency. Are crypto trading bots profitable?
This depends on a number of factors, including the strength of the software, the trading strategy used, how the market moves and how you adjust your bot in line with changing market conditions. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks — they are highly volatile and sensitive to secondary activity.
Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service including its legal status and relevant regulatory requirements and consult the relevant Regulators' websites before making any decision.
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