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Crypto trading bots are computer programs that generate and send buy and sell orders to exchanges according to the rules of a pre-defined trading strategy. The basic crypto trading bots, for example, might be designed to sell ETH when its price reaches a particular level. In a nutshell, crypto trading bots allow traders to trade based on facts and patterns rather than emotional impulse. In the end, this generally increases revenues, reduces risks, and lowers losses across exchanges. Bots can also generate passive revenue 24 hours a day. You may be profiting from automatic trades while sleeping, riding, giving a presentation, or doing anything else.
One of the top crypto trading bots is Trality. Trality is distinguished by its robust Python API, which allows Python-savvy traders to create bots using the familiar language and libraries. Intelligent completion and backtesting are among the in-browser coding capabilities, with in-browser debugging and rebalancing on the way. Although this newer platform is still developing, its simple Python interface and extensive documentation make sophisticated bot development more transparent.
Exchanges: Binance, Kraken, Coinbase Pro, and Bitpanda are some of the most popular cryptocurrency exchanges.
Fees: Fees range from zero to about US$ 70 per month (free plan is surprisingly robust)
Programming Language: Python is a programming language.
Cryptohopper is a formidable force, with over 100 tokens listed on 13 exchanges and hundreds of thousands of users. As a result, its packages, which vary from US$ 0 to US$ 99 per month, catering to a wide variety of needs. Experts may build and back-test their methods, while beginners will discover a plethora of educational resources, templates, and signals. Cryptohopper's broad toolset and user-friendly interface make it an excellent all-around solution, plus it's hosted in the cloud for rapid setup. Cryptohopper is one of the best crypto trading bots.
Exchanges: HitBTC, Okex, Bitpanda, Bitvavo, Binance, Binance US, Coinbase Pro, Bittrex, Poloniex, Bitfinex, Huobi, KuCoin, Kraken, Crypto.com
Fees: US$ 0 to US$ 99 per month
Programming Language: No programming is required for the user interface.
3Commas provides advanced trading choices in a user-friendly, surprisingly inexpensive package, making it an excellent alternative for independent traders wanting to implement more complex methods. Options trading, for example, is a complicated industry, but 3Commas provides a straightforward, highly visual user interface that guides investors through the process of programming automated options strategies. In addition, 3Commas' blog provides crypto traders with useful insights, data, and instructions. 3Commas is among the top crypto trading bots.
Exchanges: Binance, FTX, Bybit, BitMEX, Deribit, Bittrex, Binance DEX, Binance US, Bitfinex, Bitstamp, CEX.IO, Coinbase Pro, EXMO, Gate.io, HitBTC, Huobi, Kraken, KuCoin, OKEx, Poloniex, Yobit
Fees: US$ 0 to US$ 99 per month
Programming Language: No programming is required for the user interface.
Catalyst is a Python-based free bot with a wide range of customization options. It is also one of the best crypto trading bots. Developers may create and test sophisticated bespoke strategies, as well as evaluate them using Enigma's dashboard, which displays a variety of useful information for each strategy. Users may then share this information with other users and compare notes on the most productive techniques.
Exchanges: Bitfinex, Bittrex, Poloniex, and Binance are some of the most popular cryptocurrency exchanges.
Fees: There are no fees.
Programming Language: Python is the required programming language.
CryptoHero is perfect for traders who are new to crypto trading bots because of its low cost and simple user interface. It's also AI-optimized, which is a bonus for the (trusting) time-pressed or inexperienced.
Exchanges: Binance, Bittrex, Huobi, Okex, Coinbase Pro, FTX, Kraken, KuCoin, Bitfinex, Gate.io, Binance US, Indodax are some of the popular cryptocurrency exchanges.
Fees: US$ 0 to US$ 29.99 per month
Programming Language: No programming is required for the user interface.
While most free bots are built for those who know how to code, Superalgos has a visual interface similar to those seen in commercial bots. This makes crypto-bot trading accessible to a new group of non-technical individuals. It has a surprising number of features, including automatic trading, graphic strategy creation, and back-and-forth testing. Furthermore, the project is dedicated to being open-source, free, and trustless. It just released its token, SA, which allows supporters to join the governing community. Among the top crypto trading bots, Superalgos is one of them.
Exchanges: Binance and Binance US are the most popular cryptocurrency exchanges.
Fees: There are no fees, and the SA coin is accessible on the Binance Smart Chain.
Programming Language: No programming is required for the user interface.
Pionex is one of the cryptocurrency exchanges that offer 12 free crypto trading bots, including grid bots and arbitrage bots, to its subscribers. The fact that the bots are integrated into the exchange means that the user doesn't have to deal with any API integrations is enticing, as well. However, you must first download Pionex Lite, a second software, to fill your account with USD.
Exchanges: Pionex (arbitrage is on spot-futures)
Fees: There is no monthly fee, although Pionex gets 10% of arbitrage gains and charges a 5% trading fee on each grid trading transaction.
Programming Language: No programming is required for the user interface.
Ichibot, one of the best crypto trading bots, is more of a tool than a bot because it is entirely controlled via the command line interface and does not make trading choices on its own. It's a tool for creating trade strategies for people who prefer programming to click. Users may create complex trading strategies for Binance and FTX, which they can then execute in real-time to profit from market swings.
Exchanges: Binance and FTX are two cryptocurrency exchanges.
Fees: There are no fees.
Programming Language: Written in typescript and used as a CLI (Command Line Interface).
One of the top crypto trading bots, Shrimpy is a portfolio manager who focuses on the long term. Shrimpy links users with a unique social element in addition to providing automatic trading, portfolio rebalancing, and cross-exchange performance tracking. Traders can trade the tactics of top users by copying them. Alternatively, if their transactions are extremely successful, they may find themselves at the top of Shrimpy's "leaderboard", allowing them to make money from posting every month. Shrimpy has established itself as a leading automated trading platform because of its wide number of supported exchanges and user-friendly interface.
Exchanges: Bibox, Binance, Binance US, Bitfinex, Bitmart, Bitstamp, Bittrex, Bittrex Global, Coinbase Pro, FTX, FTX US, Gemini, HitBTC, Huobi Global, Kraken, KuCoin, Okex, Poloniex
Fees: Monthly fees range from US$ 19 to US$ 299.
Programming Language: No programming is required for the user interface.
TokenSets is a robust DeFi portfolio management platform that does not charge trading fees (yet). DeFi "sets" are collateralized portfolios that rebalance based on the strategies of each investor. While some sets are maintained by individuals or institutions, others are "Robo sets", which rebalance themselves depending on technical indications. TokenSets is an excellent choice for investors looking to get started with DeFi, especially now, before the trading fees kick in.
Exchanges: AAVE, Compound, Balancer, and Uniswap are examples of integrations.
Fees: There are no fees.
Programming Language: You may construct Sets by creating a smart contract in Solidity or by using the user interface.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
