Best auto bitcoin trader
Nov 09, · Bitcoin trader is one of the most popular cryptocurrency trading technologies in the world. In this article we review the trading system to find out if its a scam or a legitimate way to make money trading bitcoin. Bitcoin Trader’s automated trading platform is highly recognized for its accuracy and its laser speed performance. For trading, it uses the latest technology and has a higher success rate of 96%. Jul 05, · The Bitcoin Revolution is plausibly one of the best signals providers we encountered in our search. The fact that it has managed to retain its place at the top of the Forex trading heap is quite impressive, to say the least. Some of you might have ever heard of the Bitcoin Revolution Autobot .
Best auto bitcoin traderBitcoin Trader Review Is it really a scam or legit? 🕵️ We investigate
Unlike the world stock markets, the Bitcoin trading market never closes and never sleeps. When trading Bitcoin or other cryptocurrencies, one must be in a completely different state of mind comparing to regular stock markets. Users that trade cryptocurrencies need to adapt to the feelings that come with such unpredictable markets. The feeling of waking up in the morning and not knowing what did their investment has given. Will it be a pleasant surprise or an unpleasant one when they check their portfolio and see large gains or losses.
It does not stop. In this volatile market, trading bots have become a major asset in order to keep control of the worldwide news that affects those extreme changes. Those trading Autobots have become increasingly popular. While a user needs to sleep, automated software watches over his funds at all times. In addition, the bot can make automated trades for the user, much faster and more efficiently than the trader would be able to do manually.
The high demand in Autobots has resulted in numerous trading bots to appear like mushrooms after the rain. The Autobots that emerged are either for free from open-source platforms or licensed to users in exchange for flat fees.
Today as a new user that wants to use automated software it is difficult to decide which of them works as intended and which of them are a complete waste of time and in the worst case even a scam. In this article, we will review what are trading bots all about, and recommend some of the best trading Autobots out there. We recommend her only the best auto traders with the highest success rate, while maintaining a simple user interface that fits novice and expert users alike.
All of the companies listed have trading bots that are a breeze to use. They are suitable for newbies to Bitcoin trading and also the experienced in the same. Bitcoin is a rather secure cryptocurrency. But this does not stop people from trying to conduct creative and tech-powered steals. As such, you need to consider the security of the trading bot before using it.
The companies we review have high levels of security. Cryptohopper is a newcomer to the automatic trading scene but has been rapidly growing in popularity for several reasons.
Their bot is also very easy to pick up for new users, due to the fact that they are the only trading bot to embed external signalers, allowing inexperienced traders to let their bot trade on autopilot under the expertise of these signalers.
Traders with more experience can also take a manual approach, by configuring sales based on multiple technical indicators. Next, to this, Cryptohopper offers to backtest, trailing stop loss including features to let your bot only sell with profit , ability to trade using multiple exchanges and generally pleasant user interface.
Most of the crypto trading bots are capable of doing what you configured them to do. However, in a market as volatile as the crypto market, one needs to be ready to adapt to the sudden change in market conditions. This is where one would need a smart trading bot like the 3Commas trading bot.
You might think that no trading bot can be smart enough to adapt to the changing market conditions. However, the 3Commas bot comes with a unique feature called the trailing loss and trailing profit. When using any other trading bot, you would be able to set stop losses to avoid the overall loss and take profit to secure the profit that you made. However, if the coin goes on to perform better after the bot sold your position, there is no going back. The trailing feature offered by the 3Commas bot helps to achieve exactly that.
The bot will analyze the market conditions and will make sure to sell your coins at the right time. Thus, ensuring the maximum return of your investment. This feature that allows the bot to act quickly to the changing market conditions makes the bot special. Apart from this, the 3Commas bot provides all the features that you can see on a normal trading bot such as stop loss, take profit, automatic trade, etc.
The bot is hosted online which makes it available always. You can access the bot from any internet connected device by visiting your account on the website. The bot can be paired with 13 of the most popular crypto exchanges including Binance, Kucoin, Bittrex, etc.
Given the current bearish trend in the crypto market, it has become very hard you anyone to make money. So, why not give the 3Commas bot a try and see how it can help you generate income even in a bear market. Although the cryptocurrency trading bots are still in its initial stages of development, there is a free beta version of the trading bots available for use.
Even though it is quite new in the market, people have readily opted for the Zignaly bot. The completed version will be available to the users for a chargeable fee.
One amazing thing about the Zignaly trading bot is that it can be integrated seamlessly with TradingView. Thus, the Zignaly bot can be used to execute the various trading strategies directly on Binance. While the current support for the exchange on the beta version lies only with Binance, there are plans to include other exchanges in the near future. There are some unique features which have been integrated into the trading bot by the developers.
These include no limit on the pairs that you can operate on and an option to edit the positions as and when you choose. These have made trading quite a lot easier since there is no need to upgrade to any Pro version to enjoy the features such as the ones mentioned above. The Zignaly bot also prides itself on transparency. On the official website for the Zignaly cryptocurrency trading bot, there is detailed information about the founders and the rest of the team along with their various social media profiles so that the users can connect with them directly.
The aim of the developing team is to provide the users around the world with a trading bot that is available on all major exchanges. The developers have created a user-friendly ecosystem on the bot, offering quite a lot of features in the beta versions and bringing a lot more in the complete version.
They offer algorithmic crypto trading bots supported on the major Cryptocurrency exchanges like Binance, Bitmex, Kraken, Bitfinex, Bitstamp, Okex, Bitpanda and so on.
The bot has a super user-friendly interface, and our users love this simplicity. This makes it easy for beginners to get started. You will be able to pilot your trading bot from your smartphone and change your budget allocation in total freedom. For high-frequency trading, they have developed hourly strategies that are very promising, during the recent crash has responded incredibly.
More importantly, your money never leaves your wallet. It cannot be safer than this! You just need to connect the bot via API giving permission to trade on exchanges.
This new-age trading bot is definitely worth a try for both savvy and new crypto traders. Most of its users think that the BB strategy is the best and will rake in huge profits for them.
This trading bot, however, comes with 3 package plans that vary in price. The prices range from between 0. Gunbot is on several cryptocurrency exchanges including Poloniex, Kraken, Bittrex, and Cryptopia. When using this trading bot, you are advised to pay keen attention to your trade.
Well, the trading bot is configured to deal with the volatility in the market. In case of the volatility spikes, you should turn it off. Gekko will always be among the top of the list. It is by far the most popular — probably because it is a free Bitcoin trading bot. It can be downloaded from the GitHub platform relax, you do not need to be a tech guru to navigate this platform.
But if you need some help, there are numerous YouTube videos to show you how to go about it. Gekko is an open source piece of software that is constantly being improved upon by talented developers all around the world. This trading bot is supported by most cryptocurrency exchanges including Bitstamp, Poloniex, and Bitfinex.
Gekko is easy to use, fully automated an straightforward. For newbies in the bitcoin industry, learning the ins and outs of this trading bot will be the least of your worries. The software comes equipped with essential trading features.
These features include a web interface that is designed to monitor your trading strategies and data. Also, the bot can run on some backtested data and help you visualize the trade results.
The bot is designed to run on most major operating systems including MacOs, Linux, and Windows. The bot can also keep you updated through telegram, email and other social platforms. However, you should bear in mind that Gekko is not a high-frequency trading bot and as such, it does not execute the so-called arbitrage trades.
This is yet another free bitcoin trading bot. Like Gekko, it is an open source bot. Zenbot has been created using artificial intelligence. As such, unlike Gekko, it can exploit the arbitrage opportunities and execute the high-frequency trades. Additionally and this is a huge plus for this trading bot , the software can perform multiple cryptocurrency trades at the same time. The developers of this trading bot maintain that they still are working to improve on the bot and in future, it will be supported on all exchanges available.
This is a trading bot that was created by HaasOnline back in the beginning of It not only trades Bitcoin but altcoins as well on the various exchanges. While this trading bot is designed to analyze the market information on your behalf, it requires some input to act upon regarding the trade execution. The bot is customizable and comes equipped with some technical indicator tools. Traditional markets also have algorithms and bots that are, however, not accessible to regular mortals as they are super complex and cost a fortune.
This article is very long and if you need a quick solution and recommendation, these three trading bots have proven to be on top of the game when it comes to automated trading. Below is a tabular overview of all notable altcoin trading bots on the market, most of them are described in more detail in the second part of the article.
We will shift right into the high gear and talk about the best crypto trading bots while you can find more information about types of bots, their major features, how to assess what bot fits your needs etc. Stop losses and trailing stops are especially welcome elements here, as they help you tremendously with risk management. This is arguably one of the best crypto trading bots on the market which is best reflected in their huge customer base over k users and large signals marketplace.
Here is a full review of Cryptohopper crypto trading bot. The two merged their ideas, skills, and experiences and created Cryptohopper. Cryptohopper comes with a range of features such as: mirror trading, paper trading, trading strategies designer simple drag and drop design , automatic trading and trailing stop loss. Their marketplace is huge and divided in three sections where you can buy templates, trading strategies or simple signals when to enter or exit a position from more experienced traders that are transparently ranked on Cryptohopper by their to-date success.
Work is apparently being done to integrate the cryptocurrency trading bot platform with other well known crypto platforms like HitBTC, Cobinhood, Cex. Quadency is a new trading platform that offers comprehensive crypto experience. Its main feature are trading bots — seven of them currently deployable with a click of a button. Quadency is along with Cryptohopper and Bitsgap the best Binance bot on the market.
Considering it works great with Coinbase Pro, it is also a contender for the title of best Coinbase bot as well. Bitsgap is a new young startup from Estonia that built a powerful cryptocurrency trading terminal that plans to rock the boat of the established incumbents. The number of supported exchanges is impressive — This fact also means more arbitrage opportunities since there are a lot of exchanges that are tracked and hence there is a high probability of finding a big price difference between them.
So Bitgsap is a platform that supports trading, portfolio tracking, arbitrage, trading signals, bots — a full spectrum of cryptocurrency service that can be managed from one dashboard. Of course, Bitsgap also has a demo version that you can take for a test ride and try out all your trading strategies without risking real money.
Bitsgap shines especially when it comes to arbitrage and it is certainly the best crypto arbitrage bot. Click here to read our complete Bitsgap review. Coinrule stands out among competitors with its If-This-Then-That rule logic.
This approach allows even less advanced traders to build their trading strategy in minutes. The user-friendly interface guides users in developing the trading bot step-by-step. Over templates help beginners in finding the perfect trading strategy that suits their needs. The platform allows plenty of different trading strategies, including stop loss and take profit in one and integrates the most common technical indicators such as Moving Averages.
Another exciting feature is the built-in Demo exchange. Traders can test their trading system in a safe environment with a virtual allocation of coins. The Demo exchange is modelled entirely on Binance and you can try your strategies risk-free. If you want to find out more, here is our full Coinrule Review. Plus, they still offer the free demo to try everything out first! Just as the name suggest, the ping pong strategy allows you set a buy and sell price and the bot will do the rest.
The mArgin maker strategy is a bit more advanced and can buy and sell based on price action adjusting with the course direction of the market. They obviously have a good designer on their team as their GUI is by far the best looking out of all bots and has lots of customization options.
One drawback is that it is not a cloud-based software, rather a downloadable progmram that you run from your local machine. If you want to find out more, here is our full Margin bot review. Zignaly is another bitcoin day trading software that is cloud based and since recently also offers additional service of crypto signals. It is handicapped to the leading platforms in the number of exchanges it supports — right now it only works with Binance, Kucoin, BitMex, Poloniex and Bittrex with a promise of addition of new exchanges in the near future.
It also has a trailing stop loss option, a feature that is evolving into a must-have for all trading platforms, especially automated software like Zignaly.
Just like other bots from this list, Zignaly works via API keys, has no ability to withdraw your coins and all activity is done directly on the exchanges and not routed through their servers — meaning, the bot is as safe as it gets. You can also do a DEMO for 30 free days before buying the subscription. The name referencing the billion-dollar club is a Russian made software solution.
Binance, CEX. You can read our head-to-head comparison of 3Commas vs Cryptohopper to see how well it fares against the top dog of the cryptotrading bots. As for the full 3Commas review, you can read it here. Haasbot algorithmic trading software was created In January by Haasonline.
This crypto trading bot is very popular among crypto enthusiasts and trades bitcoin and over altcoins on many major crypto exchanges, including fully automated trades on platforms such as Kraken, BTCC, GDAX, Poloniex, Bitfinex, Gemini, Huobi and many more. You can see our full review of Haasbot here. On paper, this cryptocurrency trading bot does all of the trading legwork on behalf of the investor. However, some input is required. Haasbot bot is highly customizable and enables a variety of technical indicators, and is also capable of recognizing candlestick patterns.
One has to be knowledgeable to use this trading bot and make a profit from doing so, considering it costs between 0. There is, however, an extensive knowledge base for the traders willing to learn, provided by the creators on their site. Gunbot is an older crypto trading bot but still one of the more advanced BTC trading software that provides a wide range of settings and strategies which are ideal for both beginners and professionals.
It is used to take over most of the workload of traders on the cryptocurrency markets. The cryptocurrency trading bot gives users the opportunity to customize their trading to a level which no other trading bot can provide.
Almost all the strategies and technical indicators that manual traders use on a daily basis can be found in this bot and used to trade automatically. The interface is user friendly so that everyone can easily get a hang of it. It is suited for more experienced crypto traders as well as beginners; some strategies are highly configurable while others are easier to use.
The program comes with tons of trading strategies that are highly configurable and includes different types of insurances to optimize your crypto trading which are explained on the website. Read our full Gunbot crypto trading bot review. Gunthy coin is a feature that no other trading platform offers, a cryptocurrency token that is offered to the users when buying the the bot. The amount of tokens sent to the buyer are derived from the type of license that they acquire. Why is this important?
Its community is highly active on social media platforms to discuss different trading strategies and help each other out. The trading platform provides different packages which can be upgraded if needed. There are 4 different licenses available, ranging from 0. CryptoTrader is less known cryptocurrency trading bot that is gaining popularity. This cloud-based automated cryptocurrency trading bot claims to allow users to build algorithmic trading programs in minutes.
Not having to install unknown software is a big plus. However, it remains to be seen if this platform is legitimate. Click here to read full CryptoTrader review!
All major crypto-currency exchanges, such as Coinbase, BTCe, Bitstamp, and more, are supported for both backtesting and live trading. Using their paper trading backtesting tool, you can see how your trading strategy would work over different market condition. Their goal is to provide traders with cloud-based automated trading solutions powered by cutting-edge technology, and the company states that its automated trading bots in are unique compared to the current best crypto trading bots on the market today.
Open source code and link to the github — anyone can check the code and algorithms of the automated trading bots. A social analyzer that searches and sends information to the user about upcoming airdrop, hardfork, re-branding, and so on. The user can customize the keyword dictionary on his own. It is based on the research conducted by the team, which confirms the influence of news on the crypto rates.
The second tool is an arbitration bot, which not only checks the arbitrage windows, but also checks whether the deposit and withdraw of currencies are available at the moment. It is an important point because the majority of trading bots do not verify it. Another important detail is the ability to set the desired volume of arbitration. This is a very useful and rare feature. Telegram assistant. For convenience, the project team has developed a telegram assistant that allows you to fully manage all the bots.
On the site you can learn about the history of bids and general statistics on bots. Gekko is a Bitcoin trading bot and backtesting platform that supports 18 different Bitcoin exchanges including Bitfinex, Bitstamp and Poloniex. This automated trading bot even comes with some basic trading strategies, so using it seems rather straightforward. Gekko comes with a webinterface that was written from scratch. It allows you monitor your local data, strategies.
It can also run backtests and visualize the results. Using plugins, which are available for IRC, telegram, email and a lot of other platforms, Gekko is able to update you wherever you are! Gekko runs flawlessly on all major operating systems Windows, macOS, and Linux. You can also run it in the cloud or on your raspberry PI without any issues!
It will not exploit arbitrage opportunities, nor is it a high-frequency trading bot by any means.