Bitcoin Robot can be explained as a computer program that is powered by smart algorithms made from the trading strategies that are used by professional Bitcoin Traders. Moreover, most of the Bitcoin . Best Crypto Trading Bots – Automated Crypto Profits! Dec 08, · A Bitcoin robot is an auto-trading software that use complex algorithms and mechanisms to scan the Bitcoin markets, read signals and make decisions on which trades to place in order to .
Btc trading botsBest Crypto Trading Bots – Automated Crypto Profits!
But if you need some help, there are numerous YouTube videos to show you how to go about it. Gekko is an open source piece of software that is constantly being improved upon by talented developers all around the world. This trading bot is supported by most cryptocurrency exchanges including Bitstamp, Poloniex, and Bitfinex. Gekko is easy to use, fully automated an straightforward.
For newbies in the bitcoin industry, learning the ins and outs of this trading bot will be the least of your worries. The software comes equipped with essential trading features. These features include a web interface that is designed to monitor your trading strategies and data. Also, the bot can run on some backtested data and help you visualize the trade results.
The bot is designed to run on most major operating systems including MacOs, Linux, and Windows. The bot can also keep you updated through telegram, email and other social platforms. However, you should bear in mind that Gekko is not a high-frequency trading bot and as such, it does not execute the so-called arbitrage trades. This is yet another free bitcoin trading bot.
Like Gekko, it is an open source bot. Zenbot has been created using artificial intelligence. As such, unlike Gekko, it can exploit the arbitrage opportunities and execute the high-frequency trades. Additionally and this is a huge plus for this trading bot , the software can perform multiple cryptocurrency trades at the same time.
The developers of this trading bot maintain that they still are working to improve on the bot and in future, it will be supported on all exchanges available. This is a trading bot that was created by HaasOnline back in the beginning of It not only trades Bitcoin but altcoins as well on the various exchanges.
While this trading bot is designed to analyze the market information on your behalf, it requires some input to act upon regarding the trade execution. The bot is customizable and comes equipped with some technical indicator tools. To get the best results, all who decide to use Haasbot should be fully committed to the course. This trading bot costs about 0. This is by far one of the most popular Bitcoin trading bots among traders.
It is for the most part cloud-based which means that it does not require installation on a physical computer and can be modified by its user for ample and rewarding results. Algorithmic trading modifications can be made to the bot in a few minutes. The modifications are simple to make, and any newbie with a little guidance can hack the process. It is worth pointing out that the Crypto Trader comes with a strategy market feature. This feature allows you to trade strategies with other traders.
Another cool feature includes a backtesting tool which enables users to test the trading strategies against the backtested data as well as the prevailing market conditions. This was among the very first Bitcoin trading bots in the industry. It is among the pioneer trading bots. The bot can be downloaded on the major operating systems but comes at varying prices for each platform. The trading bot has proved easy to install as well as use.
However, some individuals have gone on record to state that there are some technical bits that prove challenging to grasp. Nonetheless, most have managed to make substantial profits. The BTC Robot features a trial period with a day refund policy — how cool is that? Its developers are constantly making changes to the trading bot, and you should expect it to be supported by multiple other exchanges as well in the future. This bot comes with two trading strategies including Margin Maker and Ping Pong.
So far, Leonardo is the best-looking trading bot regarding design and graphics. It also is fully customizable. Initially, the bot cost about 0. When we are talking about trading bots, there are only a few which can claim to have been built on a decentralized platform like the various digital assets that they trade in.
The developers of Autonio have made sure that the trading bot is one of the few to make it to the list. The entire infrastructure is built on a decentralized platform, meaning that there is no single entity that controls all of its operations.
The users are free to check the transparency of the program and no institute can be held accountable for its failures. The users of the Ethereum blockchain will have a hassle free and smooth experience as well. Marketed both to the retail and the professional traders, the Autonio cryptocurrency trading bot has built-in features for the creation of the various trading signals that are based on the in-built trading strategies.
There is a complete access to the technical indicators and the traders can make the most out of them through the Autonio trading bot. There is an Autonio marketplace, where the users can see the other users sharing various trading strategies and algorithms that have helped them make profits. If you are not familiar with the process of setting up your own algorithm using the bot, you can choose one from the marketplace and start your trading right from day one.
There is an in-house token by the name of NIO which is used by the Autonio trading bot. This token is based on the Ethereum blockchain and uses the ERC algorithm. This token can be purchased from all the major exchanges like Bittrex and Ethfinex. The entire Autonio platform revolves around the utility of the NIO tokens and they can be utilized just like any other token for a decentralized app.
The Autonio trading bot is not free. It does come at a moderate set price. Built on an open source code, the CoinBot cryptocurrency trading bot is a rental service that helps the traders execute daily trades automatically.
There is a complete description of the algorithms that are used in the bot on the official website along with a link to the Github page of the bot. CoinBot has a number of features which is why it one of the most widely used trading bots.
It has a multi-tier commission program that makes it one of the most lucrative rental services in the world. There is a referral program as well, meaning that the users who spread the word about the bot get a personalized link and anyone joining in through their link will provide them with an opportunity to gain some kickbacks.
The entire platform is based out of a cloud, meaning that the users will not have to install the program on any device. Transparency has been given a lot of importance as well. The complete information about the team, program, and the entire project is given on the official website of the project, leaving no doubts in the minds of the people using the bot. The code of the program can be tweaked to provide higher returns through the open source code that is available on the Github page.
There is a diversification in the types of the bots that are available on the website, with aggressive, balanced, and conservative trading strategies.
There is an option to purchase additional services through the rental program. Users have paid extra just to gain the three additional features which include the Telegram Assistant, Arbitration bot, and the Social Analyzer. Each of these three add-on services have their own uses and it is quite worth the extra money to get them.
It helps the users know when it is time to make a decision for the cancellation of a trade. The cryptocurrency market is subject to high volatilities which makes it difficult to predict the right time to invest. Launched in by a team comprising of Luca Benevelo, Philippe Longere, and Paul Collorafi, it consists of some of the most advanced features for creating your trading strategy which can be used by people without any prior programming experience.
The platform will provide you with simple and powerful tools that will enhance your creativity. A very flexible editor, Infinite possibilities! Drag and drop condition or indicator blocks, connect them and create basic or advanced automated strategies. All this can be created without any line of code! As the platform evolves, new functionalities will be added, such as risk analysis tools and new blocks, some of which are based on Artificial Intelligence such as Sentiment Analysis and trend prediction by Deep Learning.
You can test your strategies on the entire history of cryptocurrencies up to 4 years with 1min candles and improve them with a few clicks. The marketplace connects the creators and users of the platform.
Simply select the strategy that suits you based on the pair you want to trade on and let it do the work for you! When the BTC-E exchange was shut down in , one of the most popular crypto trading bots disappeared from the internet. This was the leonArdo trading bot. It was, however, replaced by the Margin cryptocurrency trading bot, giving the users the continuation that they required from the interface which they were already using so comfortably.
Margin had took over the leonArdo trading bot, adding in more features of its own to give an overall better cryptocurrency trading bot to the users. The layout has been cleaned, and even more effective trading strategies have been added into the ecosystem with a stronger security to protect the finances of the users.
In the beginning, the leonArdo trading bot was considered one of the most premium trading bots since it was priced at 0.
However, ever since the bot was acquired by Margin, the price has dropped and the users could not have been happier. If you want to hold in more amount then you have to upgrade the plan to a higher priced package.
There are online tutorials which are included in each plan. This helps the users understand the ways in which the different strategies work and how they will be useful in helping them earn profits. This is one of the best performing bots out there. Crypto World Evolution has proven itself to be one of the best designed and most profitable bots in the world.
The plan for the bot is marketed through the Multi-Level Marketing, meaning that there is an additional financial aspect to the bot other than its automatic trading value.
However, it is not necessary for users to market it in the world to be able to use it. Instead, there is an API access built into the bot that helps it gain access to the money that is held within the accounts of the exchanges. There is an option for the bot to withdraw the money on its own. This feature can be turned off by denying it access to the cryptocurrencies that are held within your accounts.
When used with the API of Binance, there is an option to select the pairing of the cryptocurrencies using all the altcoins on the exchange. Other than Binance, there is support for Bittrex, Okex, and Hitbtc too. The bot trades with Bitcoins. Thus, you will have to add the fund in BTC to your accounts. However, after that you can select the coins with which you want the bot to trade in. You can select up to 15 altcoins that the bot will be able to handle quite easily.
You will have complete control over the number of trades that the bot can execute simultaneously. You can either sell the trade manually, or set a base after which the bot will sell the trade automatically.
The past records have shown that there are times when the bot can close quite a lot of trades within a day and then there are others when there is not even a single rade that is done on the same day. This is because the market is too volatile and the algorithm is coded to provide you with maximum profits. This particular trading bot is originally designed for Forex trading. However, it does offer some BTC packages.
As a user, you do not have control over the bot, but you still get to profit off of it. We do not recommend this platform as it seems to be a typical Ponzi scheme. We included this in the list only to make people aware of this and advise you to stay away from this. Cryptocurrency is the thing right now and will be for the foreseeable future. Bitcoin trading can be done by literally anyone who has got the interest. It might be confusing for newbies at first, but they soon get the grasp of things.
Given the presence of many trading bots, it is imperative that you do your due diligence. Do your research and read reviews to ensure you are dealing with a reliable and trustworthy trading bot and company. Zenbot and Gekko being the favorite two of the free crypto trading bots offered, they are for sure great. There is no doubt it as to why it has deserved the spot as the best crypto trading bot in our list.
The registration process is very quick and easy; where it can be done in less than 15 minutes. The traders can make withdrawals anytime during the day and it makes sure that it is processed within 24 hours.
In difficult times it might take up to 3 days for withdrawal, when compared to other robots it takes 10 days to process a withdrawal. Processing a withdrawal within 3 days is quite reasonable. They can be contacted through email and chat. They are very professional and friendly and respond to all the queries raised by the traders. Bitcoin Code is one of the oldest automated trading software that was developed by Steve McKay in It is also referred to as innovative software that has a laser-accurate performance.
Bitcoin Code is a leading popular platform and it is reliable. Bitcoin Code robot is used to trade Bitcoins and other cryptocurrencies. Bitcoin Code claims that it had generated lots of profits for its traders within a short period. Bitcoin Code offers its traders several important features.
Some of them are discussed below —. This platform is suitable for both new and experienced traders and the traders need not have any previous experience in the trading field. Bitcoin Code allows the trader to trade cryptocurrencies with confidence and to make money. Bitcoin Code trading platform is offered free of cost and the trader need not download any system software or tools to trade on this platform.
Further, it is a web-based application that can be used online, therefore, there is no cost involved in procuring the software. The only requirement that a trader needs is a computer device with a stable internet connection. Bitcoin Code trading platform does not charge any hidden charges or any additional cost from its users. Moreover, there are no broker fees, commissions, or any hidden fees that might take away the profits earned.
The trader chooses when and how much to withdraw their money. The trader needs to allocate a minimum of 20 minutes of their time towards monitoring and setting up of trade conditions.
When the conditions are set, the software starts trading on behalf of the trader and achieves great profits. They offer assistance, feedback for any queries regarding trading. The customer support team will help and assist the traders whenever they require their help.
When the trader sets the trading conditions for the robot to trade, the robot performs as per the trading conditions set by the trader. As per the user reviews given on the website, Bitcoin Code is a reliable robot that is widely used and trustworthy.
Their partner broker has a secure platform and all the data will only be used for trading with their partner broker and Bitcoin Code. This platform does not charge any additional commissions; apart from those that are already specified. The trader can register on the platform for free and operate it in the same way by using all its functions. Bitcoin Code platform works through its partner brokers. The major role of these partner brokers is to work for the trader when they are performing the trades automatically.
The only requirement of the trader is to set up the settings and click the auto-trade button. Bitcoin trade will start trading on behalf of the traders. This automatic trading software was developed by Gary Roberts in the year which reports that it automatically trades Bitcoin, purchases and sells Bitcoin for profit by following the cryptocurrency market trends and executes the automatic trades 0. Bitcoin Trader offers several features for its traders, some of them are discussed below —.
Bitcoin Trader offers its traders custom trade settings as an option. This is an excellent feature and several users find this more beneficial. The settings of the interface are very user friendly.
Bitcoin Trader platform offers a demo account which enhances the user-friendliness of the platform. This implies that a trader is not acquainted with the tools and the functionalities of the software, by using this demo account they can start trading with confidence.
When the trader feels confident and comfortable with the trading process, they can deposit a minimum amount and start with the live trading. Bitcoin Trader ensures that its platform is faster in Bitcoin trading and it uses smart algorithms for executing the trades. With the present conditions given by the trader, the buying and selling of cryptocurrencies take place without difficulty, and the trader need not check quite often about their trades.
Bitcoin Trader offers multiple trading indicators and is most popular. This helps the traders to open the right trades. In addition to this, the trading software provides 7 different time frames and improves the trading experience by offering a wide range of trading signals to the traders. By using Bitcoin Trader , the users can trade securely and safely. Bitcoin Trader partners with regulated brokers which are verified and reputable and listed on the platform.
This makes sure secure and safe trading on the platform. The registration process on the Bitcoin Trader is very simple and easy; unlike other crypto trading bots , it does not ask answers for a list of questions before creating an account. Also, it does not ask bank statements or ID scans. Bitcoin Trader just needs basic account information like full name, email address, phone number and the payment information for successful registration.
The deposits and withdrawals on this trading platform are hassle-free. Transferring money is easy when compared to other trading robots available in the market. For the withdrawals to be processed, they take less than 24 hours and the trader should make sure that they have provided the correct payment methods for deposits and withdrawals.
Bitcoin Trader platform does not charge any fees when compared to other automated trading robots. Besides, there are no hidden fees involved. Bitcoin Trader offers dedicated customer support and it is very user-friendly. If the trader needs support on any of their queries, the customer support can be reached through email or through chat which is offered on the website. Bitcoin Revolution is a leading automated trading platform that was developed in by a team of established brokers from the Bitcoin industry.
Bitcoin Revolution claims that their platform performs trades 0. Further, Bitcoin Revolution platform is designed to trade seamlessly by making decisions from the rise and fall of the Bitcoin price. Bitcoin Revolution offers exclusive features for its traders, some of them are discussed below —.
Bitcoin Revolution provides free software for their traders, this means the creators of this platform earns more on the volume of the trades executed when compared to the subscription model. Registration on Bitcoin Revolution is quick and there is no time wastage during approval sessions. When the registration is complete, an account is created immediately after providing specific details like full name, email address, contact number and password.
When compared to the other automated trading robots available in the market, where the withdrawal procedures take 7 days to be processed, but in Bitcoin Revolution, the withdrawals are processed within 24 hours. Bitcoin Revolution does not charge money as registration fees and it does not charge broker fees or commissions as well. This is because it uses a smart algorithm and is 0. Bitcoin Revolution offers a demo trading account for its traders. They can make use of this demo account practice and familiarize themselves with this trading platform.
Bitcoin Revolution trading platform claims that it offers consistent profits when the user trades on their platform. Bitcoin Revolution offers several cryptocurrencies to trade on its platform.
The trader can not only trade with Bitcoin, but they can also trade with Ethereum, Ripple, and Litecoin. Additionally, they can also choose trading pairs like cryptocurrency to cryptocurrency, Dollar or Euro. The verification system offered on this platform is friendly and safe.
Their verification system is based on user information such as full name, email address, contact number, and payment details which are simple instead of complicated documents that are requested by other trading robots. Bitcoin Revolution trading platform partners with efficient and reputable brokers to carry out trading operations. Their partner brokers are very effective and they have a direct influence on the success of the trades. Their partner brokers are scam free and safe. It is available in their bank account or to their credit card within 72 hours.
Bitcoin Era was launched in and it claims that it brings their traders a daily profit by placing automatic trades. This software was developed by a team of fintech companies.
The creators of Bitcoin Era platform claim that their platform performs the trades faster than most of the algorithms and a split second faster than any average trading software. Bitcoin Era is a fully automated trading software which means their users need to configure the trading robot with their settings and click the robot on.
When it is turned on the robots will execute trades on behalf of the traders. Bitcoin Era offers outstanding features for its traders, some of the features are discussed below —. Bitcoin Era trading software offered by this platform is free to use and the brokers they have partnered with are both compliant and regulated. The Bitcoin Era platform offers various cryptocurrencies, apart from Bitcoin, it offers Ethereum, Litecoin and Ripple and several more altcoins.
The process of withdrawals and deposits in the Bitcoin Era platform is simple and easy. The traders can withdraw the money in the Bitcoin Era trading platform which takes between 24 to 36 hours which is hassle-free and quick. The trader needs to submit their ID for withdrawing their profits. The most important feature is the Bitcoin Era trading platform complies with anti-money laundering regulations.
Bitcoin Era partners with safe and efficient brokers and carries out its operations through their brokers. Their partner brokers are well regulated and carry out the trade operations and execute successful trades on behalf of the traders. When the trader requests to withdraw their funds, it is credited to their bank account or the credit card of their choice in 36 hours. Currently, cryptocurrency trading is a booming sector and it will be there in the market for the foreseeable future.
Besides, Bitcoin trading using the automated trading platform can be a bit confusing for new traders initially, after a while they get the hang of it. There are several Bitcoin Robots operating as scams and there are few legit robots. Moreover, the best crypto trading bots can help traders and they always interact with the market even though they are not physically available.
These automated trading bots can remove some of the emotions like stress and greed that are found in trading financial markets and cryptocurrency markets. To conclude, we can say that automated trading bots are not for everybody, and casual investors should take time to research on automated trading bots before proceeding with trading on an automated trading platform.
This implies that one can build a significant amount of wealth by using a Bitcoin Robot. While there are few scam Bitcoin trading robots, there are few legitimate robots. These trading robots provide a good opportunity to generate an online passive income for the traders. As a result, the traders need not require any trading background to use the platform. They need to simply follow the manual guide which accompanies them and after trying out with the demo account, they can directly trade with the live account.
Several Bitcoin trading robots do not require a license fee. These trading robots make money by charging a small amount as a commission on the profits generated by executing the trades on their platform. The trader should present a government-issued ID to open an account and to withdraw profits on the trading platform.
Robot brokers can be explained as an online platform that allows users to trade with forex, cryptocurrencies, CFD, stocks, indices, and commodities. Also, they use trading platforms like MetaTrader 4 and web traders to support the trades. Bitcoin Robots uses complex algorithms that execute several Bitcoin trades in a short time. Bitcoin robots analyze the trading markets at the right moment to buy and sell cryptocurrencies for maximum profit.
Traders should add funds in their accounts so that the robots have enough funds to invest in the trades. When the trades are successfully executed, the profits earned from the trade are forwarded back to the traders. Trade Now. Overview Just like stock markets, the cryptocurrency trading market never stops its trading; trading happens all the time. What is a Bitcoin Robot? Below given are the few pointers regarding working of Bitcoin Robot — Bitcoin Robot researches trading on behalf of traders and after conducting trade research, it comes up with insights which it passes to the partner broker system.
What are the Features to be considered when choosing Bitcoin Trading Robot? Below given are the few pointers to choose the best Bitcoin trading bot — One of the most important features while considering a Bitcoin trading robot is its reliability. Advantages of Bitcoin Trading Robots Minimization of Human Errors With the extensive use of cryptocurrency trading robots, human errors are minimized and eliminated. Accurate Results Humans might take a few minutes to calculate and recover several formulae, while a robot can calculate much faster; sometimes a few nanoseconds which will give accurate results.
Eradicate Emotions By using automated trading platforms, they minimize or completely remove emotions as robots do not have any emotions when compared to humans. Needs Human Monitoring Generally, we could say that these robots work all day without interference from humans, which is not true.
How to Determine Legit Bitcoin Robots? Below given is the checklist that as a trader should follow when choosing a trading robot — One of the most important features is the reputation of the robot. Bitcoin Profit Bitcoin profit is an automated trading platform developed by John Mayers in Bitcoin Revolution Bitcoin Revolution is a leading automated trading platform that was developed in by a team of established brokers from the Bitcoin industry. Bitcoin Era Bitcoin Era was launched in and it claims that it brings their traders a daily profit by placing automatic trades.
Wrap Up Currently, cryptocurrency trading is a booming sector and it will be there in the market for the foreseeable future. Is it possible to get rich by using Bitcoin Robots? Are Bitcoin Trading robots legitimate?
How do I trade with Bitcoin Robots? How much does a Bitcoin Robot cost? What is the Minimum Age for Joining the Auto trading platform? What are Robot Brokers? How do Bitcoin Robots work?