Automated Bitcoin Trading
Last updated by BitShills on May 29, 2020.
Have you ever wanted to find the ideal crypto bots for automatic Bitcoin trading?
It’s indeed, a fact that the best cryptocurrency trading bots can perform quicker than you, create more trades than you, trading bots don’t have feelings, and they can trade the markets with no need bitcoin evolution for sleep, leading to constant profit-making 24/7/365.
And since the cryptocurrencies become more popular, so does the trading terminals and crypto trading bots.
However, for someone just getting started with trading robots, it may be tough to obtain the ideal bot for you, leading to a great deal of waste of resources, time, and energy.
This guide is written to give wallpapers of what exactly each bot is designed for, and more importantly which are the best crypto trading bots in now ‘s markets.
Do crypto trading robots actually work?
Trading robots are just pre-programmable software applications that can execute trades according to a set of features. So to answer the question, clearly, trading robots operate, they are tools and do exactly what the user sets them to perform. This also suggests that it is up to the user to comprehend and define exactly how should the trading robots function in the trading environment.
It’s a known truth that most of the bitcoin trading gains these days are made by using different sets of trading robots, the most significant crypto exchanges, hedge funds, and a variety of different big institutions all use automation as a set of tools to create huge sums of money daily.
However, this article doesn’t guarantee that you will create millions the exact same manner as the big institutions. This is obviously because trading is risky, and many of these large businesses actually spent a great deal of money and resources on different trading algorithms and systems.
That being said, automating some parts of bitcoin trading and using many different crypto trading bots can definitely increase the amount of gains you are able to extract out of the markets.
What are the ideal crypto trading bots?
The most important issue is to define what sort of automation you are trying to find because trading bots and automation comes in many diverse forms.
Lets now look at some of the greatest crypto trading bots that can automate Bitcoin trading.
Best 14 Cryptocurrency Trading Bots:
3Commas GunBot Cryptohopper Haasonline Zignaly Kryll Gekko Zenbot Cryptotrader SuperOrder TradeSanta LiveTrader Shrimpy Exchange Valet.
3Commas is the most innovative cloud-based trading terminal with crypto trading bots for those that aren’t joking around and know what they are doing. Whether you are looking just for a wise trading terminal with possibilities to all of your needed trading features out of one window or an infinite amount of crypto bots with different needs, this platform is for you.
This platform is one of those unique secrets over the crypto world, and if implemented the right way it can offer priceless value for experienced traders for many years to come.
3Commas is among the most feature-rich trading platforms I’ve come across since the start of my crypto travel, the platform has quite literally everything a dealer can inquire, and more.
Smart Trading Tools Manual Trading with Smart Trade Establish optimized Accept Profit & Stop reduction with a Timeout. Trailing Buy or Sell and with Multiple Targets. Charts and signals from TradingView. Trade with margin across exchanges. All the above from one window. Automated Trading with Trading Bot Easy Bots / Composite Bots run single or multiple trading pairs. Grid bots Short and Long robots, gain even if markets go down. Variety of deal states, such as RSI, CQS Scalping, QFL, Trading View, etc.. Custom signals, produce your own requirements and manually open trades asap. Assess bot functionality, view and replicate bot settings from different users. Portfolios Create custom portfolios with almost any amounts of coins. Review additional users’ Programs, edit and copy coin ratios. Rebalance your portfolios with a click of a mouse . Notifications Receive deal notifications on your browser, cellular app, Telegram, and through email. Other Features Paper Trading Activate the paper trading accounts, and test all of your strategies secure. Trader’s Diary Ready-made custom diary with all trades and the ability to create notes. Mobile Apps A mobile application that supports many functions for both iOS Android. Marketplace Create, buy or sell custom made signals, and use free or premium ones. Referral Program — Earn crypto referring others, either draw it or spend for a subscription. API Access Set up and use the extensive API functionality from 3Commas.
3Commas pricing is that if you do not care for trading bots, and so are just searching for a complete set of tools to advance your trading, you are set with STARTER. However, for those who are interested in trading robots, PRO is essential because composite robots make life so much easier.
3Commas supports straight up to 23 different exchanges, such as:
Well thought port. Finest trading terminal. Most feature spiders. Wide trade selection. Lots of education tools. Experienced community.
Not helpful if you aren’t an experienced dealer already.
GunBot is an old school and among the very first crypto-related trading bots. This platform is noncloud, which means that you can download the application and run it on your PC. All Gunbot programs are one-time payments and with a lifetime license and service. GunBot can automate all well-known approaches like Bollinger Bands, Ichimoku, MACD and many more. The software has an intuitive interface, making it userfriendly, all trades can be found and also the community is lively and supportive.
Smart Trading Tools Manual Trading Tools Trading terminal with major trading features. Supports both place and margin trading. Automated Trading Applications GunBot has many different inbuild community-driven trading approaches. Execute custom strategies on a high number of pairs. Handle your bags with change trading, doubling up, or prevent limits. Multiple indexes: EMA, RSI, MFI, Ichimoku Cloud, and a Lot More. Backtesting Capabilities You can backtest strategies on any time frame or market. Notifications Get push notifications on Telegram. Other Features Not Subscription-based Service Unlike many Trading programs, GunBot isn’t subscription service. Gunbot is a Locally Installed Software Install it on your computer, on Windows, macOS, or even Linux.
Contrary to other programs, Gunbot isn’t subscription assistance, rather, all purchases come with lifetime licenses and desktop applications. This way no API secret data ever leaves your computer, and nothing becomes shared with third parties.
GunBot supports over 136 trades from CCXT library such as:
Variety of bonuses and licenses. Largest exchange service. Active community. Lots of features.
Relatively high initial price.
Cryptohopper is a cloud-based automated crypto trading bot with a massive assortment of tools available, giving you access to almost everything you can imagine of. This includes multiple trading approaches, backtesting skills, a marketplace with many different signals and more.
Cryptohopper is a great software for those looking many different ways to handle their trades but not interested in complicated systems or coding itself.
The main quality that separates Cryptohopper from its rivals is that the simplicity of use, after logging in the dashboard is ready and setup in less than 5 minutes.
Automated Bot Trading Tools Automated Trading Pick numerous coins, and make many different different causes. Create your own strategy or pick from the ready-made ones. Multiple indicators like RSI, EMA, Parabolic Sar, CCI, and a Lot More. Arbitrage Trading Benefit from price differences of trades and/or between pairs. Backtesting Backtest your trading strategies on multiple timeframes. Other Features Paper Trading Practice new trading approaches secure. Referral Software Invite friends and earn commission on every payment they create.
For serious traders using Cryptohopper, we suggest the Hero bundle, however, beginners can perform exactly well with Explorer, also note that there is a Free 7-day trial too.
Cryptohopper is available in 11 main exchanges.
Easy of use. Arbitrage Trading. Perfect for beginners. Large community.
Lacks some features.
HaasOnline is the first cloud-based cryptocurrency trading bot, also among the most advanced too in the industry. This platform has it all supplying you an endless amount of tools and possibilities to handle and implement your trading program. The only downside of this software is that it is expensive rather than beginner-friendly.
HaashOnline is about the most feature-rich bots in the market, because of its developer-friendly environment, which means if you have the skills, you are able to script anything on it.
Automated Bot Trading Pick from a large pile of readymade trading strategies, or make your own. Drag-and-drop Visual Builder Visual editor coupled with HaasScript lets you rapidly work with strategies. Historical & real Backtesting Backtest strategies with historic or real time data. Advanced Notifications & Reporting Watch live updates on gains, losses and other invaluable trade metrics. Get notifications on Telegram & Discord. Developer Friendly Use custom scripted robots, that is developed in HaasScript or even C#. Non-cloud Maintain your keys stored on your own secure hardware.
HaashOnline is comparatively expensive, however, the price includes quality and almost unlimited resources to flourish your creativity when it comes to automating Bitcoin trading strategies.
HaashOnline offers around 24 exchanges, such as all of the key ones.
A lot of features. Created for programmers.
High price. Requires a high degree of coding knowledge.
Zignaly is a new innovative cloud-based crypto trading bot, the platform provides infinite coins and automation by using either external signals, or you can also make your own approaches by using indicators and connecting on Tradingview. The platform also offers an innovative trading terminal, in the event you are familiar with that.
Here are the main features Which Make this an attractive instrument for traders:
Smart Trading Tools — All significant tools like stop loss, take advantage, trailing and so on. Automated Trading Applications — Multiple ready-made calculations and indicators to exchange with. Endless Coins — There are no limits on the amounts of coins it is possible to trade. Crypto Signals — Buy / Sell signals from providers on the open marketplace. TradingView Bot — Produce your own signals and unite indicators with Tradingview.
Zignaly while still in beta is presently one of the less priced robots around costing just $15,99 a month, making it among the most price-friendly bots for new users.
Currently, Zignaly at the present time can be used only on Binance & KuCoin.
Massive potential. Free 30-day trial Marketplace with reliable signals.
Still in the beta phase.
Kryll is an innovative and unique cloud-based crypto trading bot in the meaning that it doesn’t have a monthly subscription program like it’s competitors, rather, you simply pay for what you exchange, meaning there is an extra fee in addition to every trade. Fees can be lowered up to 95% by purchasing the KRL token. In addition to this Kryll has really simplistic user-friendly UI for automating your trades, so no coding is needed or whatsoever.
Kryll has a few characteristics that make it stand out of the crowd.
Smart Trading — Place your trades the wise way in a few clicks. Drag’n Drop Editor — Produce your strategy free of coding using a number of indexes. Marketplace — Rent, follow, and share signals and approaches with an active community. Backtesting — Backtest variety of trading strategies with no extra price. No Subscription — Kryll is a fee-based system, you just pay for what you use.
Unlike a number of other tools, Kryll isn’t a subscription-based platform, and rather, if you use the strategy of your choice, you will be charged a fee. The fees are determined by the amount of KRL you holding on your accounts, for example with 200,000 KRL, you’re going to get a 95% commission discount.
Kryll can be used on all Key exchanges such as:
Simple to Use. Unique Platform. Fantastic charge arrangement.
Not yet well-established platform.
Gekko is a 100% free open source programmable cryptocurrency trading bot that you could download from GitHub and operate on your machine. The software could be installed on all machines such as Raspberry PI and on all significant operating systems like Windows, macOS, and Linux.
Strategy Platform — Gekko allows you produce your own trading strategies using many different indicators. You can also to backtest your trading approaches over historic timeframes or operate against the live market using either a newspaper dealer account or real trading accounts. Plugin System — Notification Center plugins are available for all significant platforms, such as IRC, telegram, email, and many more. Web Interface — Out of the box, Gekko includes a dashboard that allows you track your local data and strategies. Runs Anywhere — Gekko runs on Windows, Linux, macOS, it is possible to run it in the cloud server or on your own raspberry PI.
Gekkos opensource library supports numerous exchanges such as:
Completely free to use.
Zenbot can be altered to suits your needs, and it can be set up on all significant operating systems.
Automated Trading — Automated technical based trading automation. Plugin Architecture — Implement trades, and write new approaches. Backtest & Paper Trade — Simulate newspaper trading and backtesting approaches against historic data.
Zenbot has over 10 Chief exchanges, such as:
Lots of resources to exchange. Great major capabilities.
No visual dashboard. Requires highly technical understanding.
The system supports all major Bitcoin markets, has backtesting tools, and strategies can be purchased and sold at the open market. The system makes it easy to prepare a bot in moments, and notifications alerts can be activated on email, and SMS.
Automated Trading Bots — Multiple approaches, includes margin trading / short positions. Backtesting Trading Strategies — Examine your strategy on different market requirements. Trading Notifications — Access trading notifications over Mail & SMS.
With Cryptotrader users pay between 0.0017 and 0.0206 BTC a month.
Cryptotrader has access to a few different primary exchanges including:
Superorder is a cloud-based crypto trading platform that enables traders to build automated trading strategies using a visual interface. In addition to this Superorder also enables traders to get chrome extension which assists traders to trade many markets using the most popular charting software Tradingview.
Superorder has a key focus on the trading terminal, with both automation and simplicity in mind.
Automated Trading — Extend your purchase types with cease Losses, take gains, and more. Strategy Builder — Produce approaches using the visual drag-and-drop interface. Portfolio Tracking — Assess your trading data in real time.
SuperOrder offers all of the features with all pricing strategies, however, the main distinction is that the platforms allowed yearly trading volume.
Note: You are able to test SuperOrder for free!
Intuitive design. Fantastic trading terminal.
TradeSanta is simple easy to use cryptocurrency trading bot that allows you place shorts or long, handle trades round the clock saving your time and energy. This software runs on the cloud also has free to use program, making it a fantastic deal for novices.
Automated options on TradeSanta comprise:
Automated Trading — short or Long with dollar-cost typical robots. Mobile Program — Track your bots anytime, anywhere.
Note that all new users receive a 5-day trial Basic package for free.
TradeSanta has a few major exchanges like Binance, Bitfinex, Huobi, and Bittrex.
Easy to use interface.
Not a great deal of variety.
LiveTrader is simple to utilize automated bitcoin trading software including all the most recent indicator based trading approaches.
Backtest & Simulate — Backtest approaches, or simulate using paper trading. Marketplace — Pick or market existing strategies in the marketplace.
Overly simplified algorithm trading setup. Fantastic support.
Restricted for indicator trading.
The platform helps users to diversify their portfolio into multiple different coins, with a click of a button.
The main quality of Shrimpy will be to automate and manage portfolios.
Automation Portfolio Rebalancing — Rebalancing Programs and increase your returns. Index The Market — Use an intelligent crypto indexing instrument to index funds. Backtesting — Track functionality, and backtest with up to 5 years of historic data.
Shrimpy gives everybody a Hodler trading bundle for free that includes all portfolio tracking features.
Shrimpy gives you access to over 10 different exchanges including:
Beginner-friendly design. Social Network.
Not intended for high yields.
14. Exchange Valet.
It’s not necessary a trading bot, however an innovative trading terminal.
Smart Trading Tools -Easily place entry, targets and stop-loss with a single click. Automatic Portfolio Tracking — Keep an eye on your gains automatically in the app. Notifications on Purchase Triggers — Access Alerts on Telegram.
Exchange Valet offers different billing terms for different timeframes. However, for any bundle, you can ask for a 14-day free trial.
Fantastic trading terminal with lots of features. Advanced portfolio management.
Only two exchanges. Lacks bot automation.
Employing cryptocurrency terminals & trading robots is never a straightforward miracle, the very first thing you’ve gotta learn is that the trading itself.
To learn more, check out: The Crypto Trading Manual — The greatest traders guide!
Remember: Trading & investing involves risks and gains aren’t guaranteed!