Regardless of whether you are a novice or a seasoned cryptocurrency trader, you are certain to have heard about the crypto bot. The popular idea that automated cryptocurrency trading can only be used by more experienced investors is incorrect. Even novice investors may use automated cryptocurrency trading. The best crypto trading bot is essential, but if you’ve never traded before.
Which cryptocurrency bots are the best?
Any investment has some risk, and utilizing a trading bot does not eliminate that risk. Accordingly, the following are some of the most trustworthy trading bot services now in operation.
TradeSanta: TradeSanta employs a cloud-based tool called TradeSanta that communicates with cryptocurrency exchanges like Binance or Huobi to automate your bitcoin transfers. With this tool, you may conduct long or short runs, or create your own custom automation. A comprehensive security system ensures that there are no trade charges. In order to use TradeSanta, you may either sign up for a free plan or pay $42 each month.
Shrimpy: The trading community took note of Shrimpy’s debut in 2018. You have the option to buy and sell, rebalance, backtest, and take part in social trading, in addition to all of the above. Most of the features are available for free if you want not to pay. Cryptocurrency trading platforms like Kraken and KuCoin may be used with it.
HaasBot: There is a $254 yearly cost for the more advanced Haasbot, which is in line with its capabilities. Haasbot supports a number of cryptocurrency exchanges, allowing you to access bots that can simultaneously execute trading strategies on several currency exchanges and trading platforms. Because of the bot’s cloud-based functioning, you won’t miss a single trading opportunity while you’re sleeping.
3Commas: Newer, more advanced trading bots like 3Commas provide a wide range of helpful capabilities. However, unlike Haasbot, it can also rear trading strategies on a wide range of portfolios. There are some of the most effective users’ strategies shown here, allowing you to learn from, study, and even build on top of these successful users’ skills.
CryptoHopper: It’s a high-end premium platform that’s quite simple to get up and running with. In a cloud-based trading platform, there is no need to download or install any software. Users may further customize the bot by setting it to trade in accordance with other traders who have shared their signals. Those with greater experience may devise their own methods. It may be adapted to operate with almost any major exchange. Prices for CryptoHopper’s services range from $19 monthly to $99 monthly, depending on the package you choose.
Coinrule: Coinrule, a novel and easy trading method, was developed for both technical and non-technical traders. Users may choose from a selection of known techniques that can be tested before being applied. Coinrule also offers a free plan and subscriptions priced from $29.99 and $249.
Apex Trader: There are more than 100 technical indicators available on the Apex Trader platform, making it feasible for users to develop their own trading strategies and deploy them across several trading pairs. Saving as many strategies as you like is feasible since they all rely on profit-taking, reversal trading, and dollar-cost averaging as their foundation. A seven-day free trial is offered by Apex Trader, after which it charges $30 or $60 GBP each month.
Zignaly: Zignaly is a trading platform that features cryptocurrency trading bots that can be used to trade automatically with the help of external crypto signal sources. The simple setup and operation make it a great source of passive income. The platform can be immediately linked to your trading account so that you may use the indicators you choose. Also, it’s possible to customize your strategy. Zignaly offers trailing and additional signal providers for sale, both of which are free to use. A collection of more than 350 coins may be created with this program and customized to suit your needs. It’s easy to restore your portfolio using this bot, and it costs just $3 a month to use.