Top 10 Crypto Trading Bots in 2022

Crypto Trading Bots

Bots are computer programs that automate specific tasks and require minimal human intervention. In the world of cryptocurrency trading, crypto trading bots trade one or multiple cryptocurrencies. On one or multiple platforms automatically for the owner/user.

These are used to automate trading strategies and can be applied to increase trading profits.

This tutorial is for those who are unsure whether or not crypto trading bots work.

What Are The Best Crypto Trading Bots

Modern crypto trading robots do more than just trade crypto. They are based on AI and machine learning and other smart technologies. This allows them to collect large-scale crypto market information in real-time using APIs. The trading signals are then derived from the analysis of this data using predefined trading strategies.

The analysis is done with the goal of forecasting future crypto prices. This could be Bitcoin or other coins. It is important to know if the prediction is correct. The bot will make more profit if the prediction is accurate.

After predicting the future price, traders place buy and sell orders on actual crypto markets. These buy and sell orders are complete because most markets automatically fulfill the limit and other types of orders. They make either a profit or a loss.

The top crypto trading bots draw information from many sources including news sites, social media, crypto market makers, and other sources. They use AI and machine learning to determine what news has a significant social impact, which can have a major influence on market prices. You can buy bots separately or integrate them into crypto exchanges.

Despite their high price tag, however, there isn’t a perfect crypto trading robot. They still lose, but the goal is to minimize them. The best crypto trading bots can be used with human intervention.

10 Best Crypto Trading Bots

1. Pionex – Recommended Crypto Bot

Best for Auto-Trading For Beginners and Experienced Traders.

Pionex is able to earn a place on this list due to the 16 in-built trading robots it comes with. Pionex’s bots allow you to make a profit trading cryptocurrency on your behalf, with a minimal trading fee of 0.05 percent.

Grid Trading Bot is one of the most popular. It allows you to sell high and buy lower. The arbitrage bot leverages Binance’s future market to provide you with a payout every 8 hours.

Features:

  • A reasonable trading fee of 0.05% is charged to both the maker and the taker
  • 16 in-built trading robots are available for free
  • Spot-Futures Arbitrage bot allows you to earn between 15-50% APR and low risk.
  • Grid trading bot allows you to buy low and sell high within the price range.
  • Leveraged Grid Bot offers up to 5x leverage
  • Martingale bot does DCA buy and one-time sale to capture fluctuation profit.
  • The Rebalancing Bot helps you keep the coins.
  • Dollar-Cost Averaging Bot Sets repeat purchases at regular intervals to offset volatility.

Price: A small trading fee of 0.5% is charged.

Also read: Top 10 Metaverse Crypto Coins

2. Botsfolio

Best for cheap bot trading

Botsfolio allows you to invest in crypto by connecting a cryptocurrency exchange account and setting up your investment strategies. You don’t need any trading experience or skills. To create and program trading bots, you don’t need programming skills. It trades the money for your account. The dashboard allows you to monitor your trading progress, profits and losses.

Automated trading is possible for users who have Binance, OKx, and Coinbase Pro accounts. These accounts can be linked using API keys.

After depositing crypto or money into these exchanges you can connect your accounts to the bot and decide whether to invest in scalping, futures investing, value investing or hedged trading strategies. The amounts you want to allocate to each strategy will be determined by you and the bots will automatically apply them.

Features:

  • Telegram subscriptions for tips, community, and support
  • Accepted payment options: Ethereum, Bitcoin Cash, Bitcoin Cash, and Litecoin.
  • Software that provides risk management intelligence.

Price: $5/month Portfolio Value of $1,000 to $3,000, $10/month Portfolio Value of $3,000 to $10,000, $15/month Portfolio Value of $10,000 to $50,000, $15/month Portfolio Value between $10,000 to $50,000, $20/month Portfolio Value between $50,000 to $100,000. Profits are subject to a 15% performance fee.

3. CoinRule

Best for mobile bot trading.

The cloud-based trading bot was founded in 2017 and is managed by a UK team. It can connect to many cryptocurrency exchanges including Binance and Huobi, Bitfinex, and OKEx. Trading is free. It allows you to create multiple trading rules that are based on the same strategy, which gives you access to over 7,000 other strategies.

Although it does not support Technical Analysis, users can use TradingView to share strategies and tips. You can trade multiple cryptocurrencies.

Features:

  • MACD, Bollinger Bands, and RSI (Relative Strength Index) are some of the indicators.
  • Email support, live chats on telegram, webinars, and other methods.
  • Trade templates in the Pro version
  • Mobile – Android apps and iOS apps, in addition to the Web interface.

Price: Starter is free, but has limited features. $30/month for the hobbyist edition, and $359. annually for the professional version. The Trader version costs $60 per month and $719 annually. The Pro package is $450 per month and $5,399.

4. CryptoHopper

Best for beginner and advanced traders.

The CryptoHopper cloud-based crypto trading robot uses an algorithmic programmed trading strategy and allows users to use external signals to make smart trades. It can be connected to 9 different cryptocurrency exchanges including Coinbase, OKEX, KuCoin, Binance, Kraken, Huobi, and many others.

It allows you to leverage both free and paid signals coming from various sources. Operated from Amsterdam, Netherlands. It also uses over 30 trading indicators and more than 90 candle patterns. It is available 24/7 and can trade multiple cryptos, including 75 cryptocurrencies in particular.

Features:

  • Bollinger Bands, RSI, and Stoch are just a few of the many indicators available.
  • Bot backtesting tools include configurable and saveable templates and trailing stops.
  • Web-based, no desktop or mobile apps.

Price: A free trial and as per plan $19, $49, and $99 per month.

5. TradeSanta

Best for both long and short trading.

TradeSanta is a cloud-based crypto trading software that can be used by both beginners and professionals. It works 24 hours a day, but you don’t need to be online to make money. It can also be connected to other crypto exchanges like Huobi and Binance.

It allows you to use multiple indicators and long and short strategies. There is also responsive support staff. Long trades allow you to buy tokens at a low cost and then sell them high. The opposite is true for shorting strategies. This software allows you to use DCA or grid bots, and Smart Order allows you to place orders.

Features:

  • You can run unlimited bots with the maximum plan.
  • Multiple indicators can be used, such as Bollinger Bands and MACD.
  • Support staff.
  • Android and iOS support are available in addition to the web platform.

Price: The basic free plan includes 2 bots maximum. Basic paid plans allow you to buy 49 bots for $10.5 per month. The maximum plan allows you unlimited bots for $70/month. Before you sign up for paid subscriptions, there is a 5-day free trial.

6. Shrimpy.io

Best for social trading or copy trading.

Shrimpy can be used as a portfolio management tool and a trading platform. It allows users to trade and track their portfolios on multiple exchanges using one platform. Trade and manage assets on 16 exchanges. You can also trade automation and crypto bot trading on the platform using multiple indicators or strategies.

You can automate rebalancing your portfolio by clicking the automation button. This will allow you to follow the accounts. When the portfolio of the person following you changes, your portfolio will automatically adjust through the account selling or buying.

Shrimpy also allows you to social trade by following other users’ trades. This is great for beginners as well as people who want to make commissions from sharing social trades. You can follow trades and see their allocations in digital currencies.

You can view the information about the people you follow. This includes the number of followers and chart visualizations. It also shows when the investor was active.

Features:

  • Before you start automating portfolio allocation strategies, the backtesting feature will test your bots.
  • 50% Commission for the first three months of any affiliate payments
  • Demo account available to test the platform.
  • Mobile support is not available for web-only.

Price: Shrimpy.io provides the solution with three pricing options: Starter ($15 per month), Professional ($63 per month), and Enterprise ($299/month). These prices are applicable to annual billing.

7. Zignaly

Zignaly is best for copy trading or building bots from scratch. This is a great tool for both novice and advanced traders.

Although it is quite new, this bot lets you create your trading strategies from scratch or make use of third-party strategies. It is free to use and does not reduce profits. It is a great choice for anyone who wants to start crypto bot trading.

Semi- or fully automated crypto-bot trading can be done. Multiple traders can provide trading signals to you. You can also trade unlimited coins and positions. You can connect the bot to Binance, KuCoin, and 8 other cryptocurrency exchanges. There are not many exchanges that you can connect it to.

Features:

  • Allows users to copy trades made by experienced traders, even beginners.
  • You can get free and paid signals. Signals can be sold.
  • DCA rebuys strategy options
  • Integration with TradingView
  • iOS, Ipad, and Android apps are available.

Price: Free.

Also read: Top 10 Investment Apps

8. HaasOnline

Best for leverage, institutional and advanced trading.

HaasOnline is a trusted trading platform in crypto. This bot is very popular among experienced traders who trade in stock and forex and want to increase trading efficiency and profitability. The bot allows you to connect to leverage platforms and exchanges as well as spot crypto exchanges via API keys.

You can design, test, and refine trading strategies using your HaasScript programming language. You can create even the most complicated trading strategies.

Features:

  • 15 custom bots allow you to use different trading strategies such as scalping. Backtesting, paper trading, and dollar-cost average, as well as arbitrages, are all possible.
  • You can create order templates by combining different order types from different exchanges.
    MACD and other indicators
  • Trading crypto can be automated by using market data, charting, or other tools.
    Apps that provide support for Android and iOS platforms.

Price: There is no trial plan but a 2-week discount license starting at 0.001. The beginner licensing plan starts from 0.047 BTC.

9. 3Commas

3Commas allows users to create automated trading bots and trade with them on any of the 22 major cryptocurrency exchanges. This allows you to create dollar-cost averaging strategies, and integrate TradingView for signals from third parties.

Portfolio analysis and copy trading are also possible. This is a great option for both beginners and more advanced traders. This popular crypto trading bot has more than 3,000 users and transacts over $10 million per day.

Features:

  • Smart Trade panel allows users to trade multiple digital currencies with risk management tools.
  • You can set up different order types including trailing, limit, market, take-profit, stop loss, and market.
  • Mobile on iOS and Android

Price: Starter costs $14.50 and has no trading bot option. Advanced plans cost $49.50 and Pro costs $24.50.

10. Bitsgap

Best for arbitrage across multiple crypto exchanges.

The Bitsgap bot allows you to connect to more than 25 cryptocurrency exchanges to automatically trade. You can try it for 14 days free. You can even try the features in a demo exchange before you buy the advanced plans.

It allows you to arbitrage across different exchanges. You can also get the market signals in the right time so you can make the best trading decisions. There are also portfolio tracking and automated arbitrage trading features.

Features:

  • Backtesting allows you to optimize pre-configured trading robots in both bull and bear market conditions.
  • Arbitrage trading across multiple exchanges.
  • Portfolio management and tracking.
  • Web-based only. No iOS or Android devices.

Price: Basic is $19 per Month, Advanced is $44 per month, and Pro Plan is $110 Per Month.

It is important to look for the best cryptocurrency trading bot. A bot that allows you to backtest automated trading strategies and is affordable will be the best choice. What about a bot that allows you to trade on mobile devices?

This tutorial answers the question “Do crypto trading bots really work?” and suggests that you use the most profitable and efficient bots. You can either try them before you commit to paid plans or free of charge before upgrading. You can test them out before you commit to paid plans.

Conclusion – Top crypto trading bots

Looking for the best cryptocurrency trading bot? It is important to choose the one that has the best features. A lower-cost option that allows backtesting automated trading strategies is desirable.One that can accommodate multiple indicators and trading strategies. What about a bot that allows you to trade on mobile devices?

This tutorial answers the question “Do crypto trading bots really work?” and suggests that you use the most profitable and efficient bots. You can either try them before you commit to paid plans or free of charge before you upgrade. You can test them out before you commit to paid plans.

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