There are a wide range of free and paid crypto bots available. If you search online, you will find a bunch of them. However, the problem is that none of those tools offer trustworthy results. We have compiled a list of the best crypto trading bots based on their users’ reviews. So, without wasting time, check out the features and offerings of the trading bots.
What are Crypto Trading Bots?
Crypto trading bots help you conduct trade using some technical indicators. It is possible to buy and sell cryptocurrencies automatically. These bots follow preset rules to make trades. Bots can analyze market data quickly. They execute trades faster than humans can. Some bots use advanced algorithms to predict market moves. Others simply follow trends or specific trading strategies. It helps to develop strategies for trading on crypto platforms.
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10 Best Crypto Trading Bots
The following are some of the best crypto trading bots available in the market today.
1. Pionex
If you are searching for free and reliable crypto trading bots, we recommend using Pionex. Pionex offers more than 16 free cryptocurrency bots in Pionex. Each bot provides unique features for the traders. For example, Grid Trading Bot lets users buy low and sell high. On the other hand, the Martingale bot purchases DCA and then sells it once to capture profits from fluctuations.
It is particularly favored for its in-built bots that operate directly on the exchange. The platform is ideal for both novices and experienced traders. The trading fee is quite low compared to other major exchanges.
Price: Free
2. KuCoin
The next one on our list is KuCoin. It is renowned for its beginner-friendly interface and diverse trading bots. KuCoin is an exchange. That’s why it offers much better trades than third-party bots. You can earn passive income by holding and staking cryptocurrencies with KuCoin’s “Pool-X” feature. Users can also earn through leading cryptocurrencies to their users.
The platform provides a seamless experience for users starting in crypto trading. Additionally, KuCoin offers educational resources to help users understand the mechanics of automated trading.
Price: Free
3. Phemex
Phemex is completely free for all users. It offers KYC-free trading and copy trading. More than 250+ spot cryptocurrencies are listed. Users can automatically buy and sell at preset personalized prices. Besides, you can automate their strategies. Phemex is a great choice for traders who need a secure and rapid trading operation. FinCEN regulates the platform and operates globally, making it a secure choice for traders. It also offers various passive income opportunities through its Earn and Launchpad programs.
Price: The bots are completely free for the users
4. Bitsgap
Bitsgap is famous for its Grid Trading Bots. These bots are especially effective in volatile markets like Binance. Users can perform high-frequency trading. The bot places a sell order above the buy limit order each time. It is a completely cloud-based solution, so you don’t need to download anything. The platform offers a unified dashboard for comprehensive management of trades across multiple exchanges.
Users can also take advantage of advanced charting tools. Bitsgap also features a demo mode, allowing traders to test strategies without financial risk. Bitsgap recently rolled out its Bitsgap Futures trading bot. If you are a beginner in the industry, try the free trial version of the tool to learn streamlined and strategic crypto trading.
Price: Bitsgap comes with 3 plans. The basic plan starts at $22.
5. Tafabot
Tafabot supports a range of crypto exchanges, such as KuCoin, Coinbase, and many more. It offers a range of advanced trading bots, including Smart Invest bot, Custom bots, Arbitrage bot, Grid bot, DCA bots, and the NeuralNet bot. You can join the official Telegram group. They share top profitable configurations to help you make the right decisions.
This integration ensures that traders can stay updated and immediately adjust their trading strategies from anywhere, providing a blend of convenience and functionality. Tafabot prioritizes user security by allowing traders to maintain control of their funds while trading through secure API connections to major exchanges.
Besides, the tool offers different subscription options to cater to diverse trading needs and strategies. You can enjoy profitable trading irrespective of market dynamics.
Price: Starts at $100.
6. 3Commas
3Commas offers an automated tax reporting feature to the users. It supports 14 exchanges and charts. This bot provides portfolio balancing, profit-taking, and stop-loss orders, which are essential for risk management in crypto trading. It would help if you kept your position open during sudden price rallies. 3Commas supports multiple exchanges. The tool relies on Dollar Cost Averaging to make trade decisions.
While the wealth of features might overwhelm beginners, 3Commas optimises trading strategies across diverse market conditions. The platform facilitates efficient trading through its user-friendly interface, providing a single access point to manage trades and monitor performance across multiple exchanges.
Price: The pro plan starts at $37. You can also choose from a custom plan.
7. CryptoHopper
CryptoHopper excels with its cloud-based trading. It supports 12 exchanges currently. You can choose between free and paid signals to customize your strategy. It allows users to operate 24/7 without having to keep their computers running. The trading bot supports external signalers for technical analysis trading signals. It offers features such as backtesting, paper trading, and trailing stop-loss.
The platform allows users to mimic expert traders’ strategies and utilize AI for decision-making. While beneficial for traders at any experience level, the subscription costs for advanced features may be high. Cryptohopper is valued for its user-friendly interface and its ability to streamline complex trading strategies.
Price: Free. You can also go for paid plans. Paid plans start at $29.00/month.
8. Trality
Trality is branded as the most advanced bot for algorithmic traders. The tool started its journey in 2019. Investors can rent profitable bots based on their risk tolerance. The Python code editor allows you to create complex and personalized trading algorithms. It allows for the creation of highly customized and sophisticated trading strategies.
Expert traders can earn by using their own monetized bots. Traders can directly deposit funds using Google Pay, Bank Transfer, or Apple Pay. You can trade over 350+ cryptos. Users love Trality’s comprehensive features and security measures, including end-to-end encryption.
Price: Free. Paid plans start at €9.99
9. Kryll
Kryll offers a unique feature of drag-and-drop strategy building where users can construct their trading strategies using a visual interface without coding knowledge. It also allows traders to test these strategies in real market conditions without risking their capital. It supports exchanges, including Binance, Binance. US, KuCoin, Bybit, Coinbase, Kraken, and Gate.io.
Users can also use a community-driven marketplace to rent or sell trading strategies. Despite its benefits, the platform requires payments in its native KRL token, which could be a limitation for some. Kryll.io is a versatile platform that suits traders of varying experience levels.
Price: Pay-As-You-Go
10. Coinrule
Coinrule is designed with the motto’ Trade while you sleep. It’s “if-this-then-that” allows users to trade within a minute. There are more than 150 set rules to help beginners. You can set up the rules for automatic execution. It is particularly useful for traders who cannot commit to full-time trading but want to participate actively in the market.
Features include customizable rules, market notifications, and technical indicators for refining strategies. Its native token might be a drawback for some users despite its advantages. Coinrule provides a powerful tool for automating crypto trading strategies.
Price: Starts at $29.99/month
How Do I Choose an AI bot?
- To protect your funds, ensure that the bot has a proven track record of reliability and robust security measures.
- If you use a cryptocurrency exchange, make sure the bot supports it.
- You have to look for a bot with an intuitive user interface that suits your level of expertise.
- Consider bots with detailed custom settings and strategies
- Compare the pricing models of different bots. Some may charge a flat rate, while others might take a percentage of the profits.
- A responsive support team and an active community can provide essential guidance and improve your trading strategy.
Trading apps like Vestinda have all the features to automate and optimize crypto trading. It enables automated trading using pre-built and customizable strategies. The platform integrates with several major crypto exchanges and supports trading across various asset classes, including cryptocurrencies, stocks, and commodities. Visit the official website of Vestinda to find out more about its features.
Read More: Are Trading Bots Legal
Final Words
Based on user reviews, these are the best crypto trading bots you should consider. Make sure you check a bot’s features and price before selecting it. Professionals can also help you choose the right one based on your crypto trading experience.
