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The Best Automated Cryptocurrency Trading Bots in the Market

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However, the industry still faces high volatility, which is especially scary for new investors, but it’s not time to give up yet. Whether you are a newbie or an intermediate trader, trading bots can be your road to success. A trading bot is a software program designed to analyze the cryptocurrency trading data on exchanges and is customizable to trade automatically based on user preferences.

The cryptocurrency market continues to expand every day. New projects are coming up, such as decentralized finance, and they are all changing the financial sector for the better. A new class of entrepreneurs, cryptocurrency traders, has eventually come, and with the growing value of Bitcoin and ETH, it surely qualifies to list among the most profitable ventures. Based on the daily charts, many people are trading and earning vast money. 

However, the industry still faces high volatility, which is especially scary for new investors, but it’s not time to give up. Whether a newbie or an intermediate trader, trading bots can be your road to success.

A trading bot is a software program designed to analyze cryptocurrency trading data on exchanges and is customizable to trade automatically based on user preferences.

Today, there are many trading bots available. Most are available at a fee, although there are still free trading bots. We bring together eight of the best cryptocurrency trading bots in the crypto market. 

3Commas

If you are a crypto trading enthusiast with little or no technical background, 3Commas is the trading bot for you. 3Commas is a web-based platform accessible on any device connected to the internet.

It provides users with various trading bots for different trading strategies, including stop-loss, trailing stop-loss, take profit, and trailing take profit. Users can also customize their trading strategies or engage in smart trading. Social trading is also available, where the bots mimic professional traders.

It has a fantastic UI/UX, supporting the customization of trading strategies using market indicators and sliders. However, 3Commas only supports integration with top-performing exchanges, ensuring its APIs always run at peak performance.

The bot is flexible and secures investments with its select withdrawal permission feature. In addition, users have a 24/7 support service in English and Russian and active social platforms.

The current platforms supported include OKEx, Poloniex, HitBTC, Yobit, Bittrex, Bitstamp, Huobi, Cex, Binance, KuCoin, Bitfinex, and Coinbase Pro.

3Commas is available in different package plans, including a free trial, a $14 starter pack, a $24 advanced package, and a $49 pro package, all monthly.

Quadency

Quadency is a cryptocurrency trading platform that provides institutional and retail users with a smart and automated solution for trading and managing their crypto holdings. In addition, the platform carries some excellent features, including one of the best cryptocurrency trading bot features, backtesting, that allows users to know about past performances.

It provides an advanced TradingView chart with more than 100 indicators and allows easy customization of bots, making it perfect for professionals and beginners.

Quadency provides free bots and is available on Binance, KuCoin, Bittrex, OKEX Liquid, Gemini, Poloniex, Kraken, Bitfinex, and Coinbase.

Pionex

Pionex is one of the world’s best exchanges with 12 in-build trading bots and notably the first to introduce GRID Bot in the crypto space. It aggregates between 50% and 60% of orders from supported exchanges since there is still the risk of fake orders on exchange platforms. However, Pionex is licensed by the United States and Singapore as safe to use.

It features the 12 trading bots that retailers can use at 0.05% trading fees for makers and takers. In addition, its Grid Bot offers users the most advantage of 5X leverage, buying low and selling high within a specified range.

The free trading bot is available on Huobi Global, Binance, and Pionex.

Bitsgap

Bitsgap is an all-in-one trading and portfolio management platform integrating automated trading bots. The bots follow the GRID technique that distributes their investments proportionately based on their specifications. For instance, the bot will execute a sell order once a buy order is complete. 

It features Bitcoin trading software that allows users to earn the maximum returns, trading charts, and test settings. Users do not necessarily have to download it, but it costs $19 monthly. It is available for a variety of exchanges, including Binance, Huobi, Gemini, Bithumb, Livecoin, BigOne, Coinbene, Bitfinex, KuCoin, DDEX, OKEX, Exmo, Coinex, Bibox, Bittrex, Yobit, Bit-Z, HitBTC, Gate.io,

Zignaly

Zignaly is a cloud-based trading bot that launched in 2018. It comes with a high level of freedom, having no limits on the coins tradable on the bot, plus it is easy to use and upholds transparency of communication. Users have access to buy or sell crypto signals from popular signal providers like Crypto Quality Signals and Mining Hamster, plus they can send TradingView signals by setting recommendations or following indicators. In addition, the Zignaly community enjoys automatic trading along with a stop-loss feature.

Currently, Zignaly only supports Binance and KuCoin, although the development team has plans to include Poloniex, Bittrex, and CoinBase.

The bot is available for $15.99, but new users enjoy a 30-day free trial.

Napbots

Napbots is a cloud-based platform designed by the Napoleon Group. The French group prides itself on ten years of creating high-performance trading bots and presents a platform that helps every user trade like a pro.

It supports all levels of traders, and users can deactivate features they do not need. Hourly strategies are also available for high-frequency trading. Users only need to connect the bots using APIs and allow exchanges to trade.

Subscribers can build a portfolio of strategies and manage them by choosing from the in-house plans for trade automation. Currently, Napbots is available on Bitstamp, Bitmex, Binance, Bitpanda, OKEX, Kraken, and Bitfinex.

It comes in three monthly subscriptions ranging from 7 euros to 99 euros.

Gunbot

If you want a crypto trading bot that can work in over 100 exchanges, then Gunbot is what you need. Gunbot launched in 2016 and could only work on Poloniex and other exchanges. It provides users with over a dozen pre-coded strategies, and users can choose one or a combination of customizable strategies.

It has an excellent TradingView feature lets users send the bot trading alerts even when set in automatic mode. It also provides its community of users with updates for free.

However, users have to download it to use, but it works perfectly on Windows, Linux, and Mac.

Supported exchanges include Coinex, Kraken, Bittrex, Bitmex Testnet, Coinbase Pro, KuCoin, Huobi Global, Binance, Bithumb, Binance US, Bitfinex, OKCoin, Poloniex, Cex, HitBTC, OKEX,

Gunbot is available in three package plans ranging from 0.1 BTC to 0.3 BTC.

Conclusion

Bitcoin coin symbol
Btc
Bitcoin
$62.547
price
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decrease symbol0.84959%
price change
TRADE NOW

Although replacing a human crypto trader with a trading bot is not practical, bots can significantly impact your returns when used correctly. Today, there are more trading bots than ever, each with different tools and capabilities. Most traders have preferences, so the bot that suits your trading partner may differ from the one that works for you. Serious traders need to research and see the bots offering strategies that align with their requirements. You can gather some valuable tips from our researched list in this article.

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