No need to implement guesswork when investing in the crypto market. Many crypto trading platforms can help you automate trading according to your preferences. Investors are making millions using these platforms. You have to choose the right platform to get the best results. We have compiled a list of the best automated crypto trading platform for you.
What is An Automated Crypto Trading Platform?
Automated crypto trading platforms are tools that automatically buy and sell cryptocurrencies based on set rules or algorithms. Instead of traders manually executing each trade, these platforms use programmed strategies to analyze market data and make decisions.
These platforms can perform tasks like buying a cryptocurrency when its price hits a certain level or selling it if it drops below a specified threshold. This automation helps traders execute trades faster and around the clock.
However, it is important to note that automated crypto trading involves risks. You can lose money. We recommend you try the PrimeXBT crypto trading platform. This platform allows traders to invest in future contracts without needing a lot of capital. Use the promo code PRIMEOTT to get a 7% bonus on your deposit. The platform currently has over 1 million active users worldwide. You can use it to support a wide range of trading options. To discover more features of the platform, join PrimeXBT now.
List of Best Automated Crypto Trading Platforms
Coinrule
Coinrule provides advanced trading tools and templated strategies. The platform uses the IFTTT model to set up trading bots. It includes over 34 automated bots like Bollinger Bands and RSI Scalping.
Coinrule connects with major exchanges and offers monthly fees ranging from $29.99 to $449.99, with a free plan also available.
Pros:
- Supports over 34 trading bots and 15+ exchanges.
- Pre-built trading rules.
- Free plan available.
Cryptohopper
Cryptohopper allows users to create custom bots to automatically trade crypto pairs. It features a user-friendly drag-and-drop interface. Besides, the platform supports over 130 indicators and offers backtesting capabilities. Pricing plans range from $0 to $129 per month, suitable for beginners and advanced traders.
Pros:
- Supports more than 130 technical indicators.
- Easy-to-use interface for building bots.
- Backtesting facilities.
Binance Trading Bot
Binance hosts over 87,000 crypto bots developed by third-party traders. It provides various auto trading tools, including copy trading and bots for spot and futures trading. The platform’s filter dashboard helps users find suitable bots. Each bot provider sets profit-sharing fees, making it a versatile option for traders.
Pros:
- Wide range of auto trading tools.
- Various trading strategies are supported.
- Low minimum investments.
- Backed by Binance.
Pionex
Pionex provides built-in trading bots like Grid Trading and Martingale bots. The platform supports various trading styles and market conditions. The platform offers in-depth tutorials to help users optimize their strategies. It is free to use, with applicable trading fees.
Pros:
- Easy to set up.
- Supports Grid and Martingale bots.
- Comprehensive tutorials.
SMARD
SMARD uses a momentum-effect-driven algorithm for automated trading. The platform focuses on highly liquid cryptos. It offers a hands-off approach to trading. Backtesting and analysis tools enable users to generate detailed performance reports. You will get an overall idea about your strategies before investing money. SMARD is ideal for users looking for an algorithm-driven trading experience.
Pros:
- Algorithm-driven trades.
- Focus on highly liquid cryptos.
- In-depth analysis.
Bybit Trading Bot
Bybit specializes in crypto derivatives. It offers tools for copying successful traders. The platform supports high-leverage options, perpetual, inverse, and delivery futures. Users can find suitable traders based on historical APY. Besides, users can utilize various auto trading bots with an average profit-sharing fee of 10%.
Pros:
- High-leverage derivatives trading.
- Copy successful traders.
- Thousands of auto trading bots.
- Reasonable profit-sharing fees.
OKX Trading Bot
OKX offers a variety of pre-programmed trading bots for buying and selling crypto based on specific conditions. It provides an extensive marketplace with over 9 million bots. It allows users to customize bots with risk-management metrics. Profit-sharing fees range from 10-30%, depending on the bot.
Pros:
- 24/7 automated trading.
- Free OKX-backed bots.
- Wide range of trading bots.
TradeSanta
TradeSanta provides customizable bots and templates for long and short strategies. It supports several leading exchanges. The platform includes risk management features like OCO and take-profit orders. Monthly plans range from $18 to $25, billed annually, making it a cost-effective solution for automated trading.
Pros:
- Customizable bots.
- Supports 12 exchanges.
- You can make a demo account
Gate.io
Gate.io offers thousands of auto-trading bots and copy-trading tools. It supports various strategies and extensive filtering options. The platform features three auto trading tools for automated, futures, and spot market trading. Profit-sharing fees are set by bot providers and copy traders. The platform is suitable for diverse trading needs.
Pros:
- Wide range of trading tools.
- Hundreds of crypto pairs are listed
- No minimum investments.
- High trading volumes.
KuCoin
KuCoin offers over 13 million auto bots, many using high-risk, high-return strategies. It supports various trading bots, including Martingale and DCA bots. The platform offers high-leverage options up to 100x. KuCoin-created bots are free to use, while others may have profit-sharing fees.
Pros:
- Wide range of trading bots.
- High leverage limits.
- Supports over 700 cryptocurrencies.
Kryll
Kryll is great for beginners with its easy, no-code bot editor. It offers over 280 trading strategies for rent, focusing on reliability. Using KRL tokens, its ‘Pay-As-You-Go’ model gives users fee discounts. The best part is that the platform can perform complex trading.
Pros
- Advanced trading terminal for complex features.
- No minimum account
- Seamless integration with major exchanges.
- Cost-effective
Dash2Trade
Dash2Trade is a comprehensive platform offering a variety of tools to enhance crypto trading. It features a no-code bot editor, backtesting tools, and social metrics integration. The platform also provides advanced features like technical breakout signals and copy trading bots.
Users can access a limited free version or pay $120 per year in ETH or $102 per year in D2T tokens for full access.
Pros:
- No coding is required for strategy backtesting.
- Advanced social analytics.
- DCA and Grid trading bots.
- Technical signals.
- Free version available.
WienerAI
WienerAI offers an AI-powered trading bot designed to give users a market edge. It curates prices from decentralized exchanges to buy top-performing coins at cheaper rates. The bot is free to use, with early access available for participants in the WAI token presale, making it accessible for both beginners and experienced traders.
Pros:
- User-friendly interface.
- MEV protection.
- Facilitates seamless token swaps.
MEXC
MEXC provides copy trading tools for a wide range of strategies, supporting both spot trading markets and leveraged futures. The platform features extensive filters to find traders based on ROI and win rate, and offers 0% trading commissions for market takers and makers, with profit-sharing fees averaging 10-20%.
Pros:
- Supports diverse trading strategies.
- No minimum investment.
- 0% commission on spot trading markets.
HaasOnline
HaasOnline offers advanced trading bots with full customization capabilities that are suitable for experienced traders. It supports a wide range of technical indicators and backtesting tools, allowing users to easily create complex strategies. Various plans are available with monthly or annual fees.
Pros:
- Highly customizable.
- Supports multiple indicators.
- Detailed backtesting.
OctoBot
OctoBot, is an open-source and community-driven auto trading platform. It supports auto trading, backtesting, and portfolio management on major exchanges like Binance. Setup may be complex for the users. However, it offers flexibility and integrates with TradingView for advanced automation.
Pros:
- Free to use (plaid plans are also available)
- Compatible with various platforms
- Features like backtesting and portfolio management are available
Do AI crypto trading bots work?
AI crypto trading bots automate trading tasks based on algorithms, reacting quickly to market changes and analyzing large datasets for trading opportunities. They offer efficiency, but effectiveness depends on algorithm quality and market conditions. Even though bots are fast, they aren’t foolproof, as they are susceptible to market volatility. Traders benefit from using bots cautiously with human monitoring. You can make your own strategies to get the best results. There are a few benefits of using automated bots.
The benefits include:
- React instantly to market changes to win big
- You can implement consistent risk management strategies.
- Users can manage multiple assets
- Users can test their strategies on historical data for effectiveness.
- Operate without emotional bias, following set criteria.
- Traders can automate tasks so that users can get time
- You can analyze large datasets for insights.
Read More: Where Can I Find An AI Trading Bot
Final Words
Choosing the best auto trading platform depends on your needs, trading experience, and risk tolerance. Always consider each platform’s features, pricing, and pros and cons before deciding. However, choosing the right crypto trading platform or bot can be difficult. We recommend you use Vestinda.
It is a crypto futures trading app that eliminates emotional decision-making with automated strategies. You can implement your own strategies without coding. That’s not all. The platform comes with a lot of more features. Visit Vestinda to know more.