Dec 11, · 3Commas is one of the most well-known bitcoin trading software bots in the market. The name referencing the billion-dollar club is a Russian made software solution. 3Commas is a crypto trading terminal which features bot trading and portfolio management. Dec 08, · A Bitcoin robot is an auto-trading software that use complex algorithms and mechanisms to scan the Bitcoin markets, read signals and make decisions on . Nov 28, · BTCrobot is one of the longest-running Bitcoin trading bots out there with its website being up and running for six years. This bot managed to survive despite its somehow shady reputation, which stems from some misleading claims on BTCrobot’s website.
Bitcoin bots tradingTOP 20 Best Bitcoin Trading Bots in
This platform is one of those unique secrets within the crypto world, and if implemented the right way it can provide priceless value for experienced traders for many years to come. But for those who are interested in trading bots, PRO is a must because composite bots make life so much easier. This platform is noncloud, meaning you can download the software and run it on your computer. All Gunbot plans are one-time payments and with a lifetime license and support.
The software has an intuitive interface, making it userfriendly, all exchanges are available and the community is active and supportive. GunBot is a well-fit trading terminal and cryptocurrency trading bot for those who want to automate their Bitcoin trading, with lifelong desktop software and license.
Unlike other platforms, Gunbot is not subscription service, instead, all purchases come with lifetime licenses and desktop applications. This way no API key data ever leaves your computer, and nothing gets shared with third parties. Purchase GunBot lifetime license! This includes multiple trading strategies, backtesting abilities, a marketplace with a variety of signals and more. Cryptohopper is a great software for those looking a variety of methods to manage their trades but not interested in complicated systems or coding itself.
The main feature that separates Cryptohopper from its competitors is the ease of use, after logging in the dashboard is ready and set up in less than 5 minutes. For serious traders using Cryptohopper, we suggest the Hero package, however, beginners can do just well with Explorer, and note that there is a Free 7-day trial as well. This platform has it all providing you an endless amount of tools and possibilities to manage and execute your trading plan. The only downside of this software is that it is expensive and not beginner-friendly.
HaashOnline is one the most feature-rich bots in the market, because of its developer-friendly environment, meaning if you got the skills, you can script anything on it. HaashOnline is relatively expensive, however, the price comes with quality and almost unlimited resources to flourish your creativity when it comes to automating Bitcoin trading strategies.
Get started with HaasOnline! Quadency is a new advanced cryptocurrency automation terminal based in New York. The platform offers a variety of automation from ready-made market maker bots to Tradingview integration and python scripting tools.
Quadency has ongoing offers live at any given moment allowing new traders who connect existing exchange accounts to acquire up to 6 months of the FREE pro plan. Simply connect your exchange such as Binance, and your account will automatically be upgraded to pro! Sign up on Quadency and obtain 6 month of free pro plan! The platform also has an advanced trading terminal, in case you are familiar with that.
Try Zignaly free for 30 days! On top of this Kryll has really simplistic user-friendly UI for automating your trades, so no coding is required or whatsoever. Unlike many other tools, Kryll is not a subscription-based platform, and instead, whenever you use the strategy of your choice, you will be charged a fee. The software can be installed on all machines including Raspberry PI and on all major operating systems such as Windows, macOS, and Linux. Get started with Gekko!
Zenbot can be modified to suits your needs, and it can be set up on all major operating systems. Download Zenbot! Sign up now on WunderBit! The platform supports all major Bitcoin exchanges, has backtesting tools, and strategies can be bought and sold in the open market.
Or is this yet another over-hyped trading bot plaform? You can register for 3commas. Over time, 3commas has continued adding to its list of supported exchanges. You can connect all of the above accounts to your 3commas account, then make trades across all accounts from a simple, unified interface.
From a single dashboard, you can make trades on Bittrex and Bitfinex without needing to login to multiple platforms. Or, you can setup more advanced trading types, including stop-loss and take-profit orders. If one of your chosen exchanges does not support trailing stops, for example, then you can setup trailing stops to 3commas to add trailing stops to that account.
Other key features of 3commas include notifications for order conditions including whether or not your order was filled. Do you want to replicate the success of the best crypto traders? You can do that with 3commas, which lets you track or copy trades with a single click. All of the 3commas features can be accessed through any ordinary web browser on a desktop or mobile device. Open Multiple Trade Orders Simultaneously: 3commas allows you to maximize profits by opening a trade and planning both stop loss and take profit orders simultaneously.
That means you can establish a price point where you absolutely wish to sell and take profit, as well as a price point where you absolutely wish to sell and stop your losses. Setup these trades from directly within the SmartTrade terminal. Trading Bots: 3commas has three broad types of bots available, including simple bots, composite bots, and Bitmex bots. You can setup long bots using TradingView signals.
There are short bots, bots that use the QFL method, and other bots that can be customized based on your unique trading strategies.
Mobile Apps: 3commas has a mobile app available for iOS, with a mobile app for Android actively in development and expected to be launched in the near future. Advanced Order Types: 3commas lets you setup advanced order types, including contemporary stop-loss and take-profit orders as well as trailing stop-loss and take-profit orders.
One of the helpful things about 3commas is that users can setup these advanced orders even on exchanges that do not currently support them. If you have grown frustrated with the lack of advanced orders on certain exchanges, then you can connect your account to 3commas to create those advanced orders. Some traders use an Excel document or dedicated accounting software. You can follow the trades, then choose whether or not to implement them in your own portfolio.
You pay a specific amount per month, although you will also pay an additional commission of 0. The 0. IT is not charged on money deposited with any exchange. The commission will be deducted from your account upon completion of the trade.
The official 3commas website lists about a dozen individuals involved with the team, including links to their LinkedIn profiles. Although 3commas is based in Toronto, only one of the employees lists a Toronto location on their LinkedIn profile. All remaining employees are based in Russia. Overall, the vast majority of 3commas seems to be run by Russian developers and finance specialists, although 3commas only lists a location in Toronto.
The company has approximately 3, users in its Telegram channel. Updates are also regularly posted to the 3commas Facebook and Twitter profiles. CryptoHopper is a crypto trading platform based on cloud technology that can be setup to make trades on your behalf based on technical indicators. This means that it can keep trading even if your computer is turned off. Traders who have experience can use a manual approach, and use technical indicators for configuring the bot.
Additionally, the bot also has external signalers, which can allow new traders to let their bot do the work itself, as per recommendations from trusted third-party sources. Find out how it works today in our review. Using features like a trading strategy designer, automatic trading robots, and copy trading, CryptoHopper has carved a niche for itself by offering a reputable, quality trading platform in an industry that sorely needs it. The main goal of CryptoHopper is to make advanced automated trading as simple as possible.
Thanks to CryptoHopper, advanced trading strategies are no longer reserved for those with eight monitors and a computer science degree. CryptoHopper lets ordinary users access the same advanced trading strategies through a conventional trading interface.
CryptoHopper will make trades on your behalf at one of 12 major exchanges. Similar to other unified crypto trading platforms, you can connect your crypto exchange accounts on Binance, Bittrex, and other major exchanges to CryptoHopper, then make trades directly on those exchanges from within CryptoHopper.
Unlike other unified crypto trading software, however, CryptoHopper does not charge additional fees. CryptoHopper does not charge any fees aside from its subscription fees. Once you have added your crypto accounts to CryptoHopper, you can begin making advanced trades, including stop loss, trailing stop loss, auto close, and DCA trades.
The CryptoHopper layout will be familiar to anyone who has used a conventional trading platform or crypto trading website. All the main features are shown in one place. You can scroll through your positions, history, states, and marketplace with ease.
Intelligent algorithms help you feed your signals, giving you unique insight that allows you to buy on-the-rise coins before the rest of the world discovers them.
You can customize your CryptoHopper experience extensively based on whatever trading strategies you wish to pursue. Want to buy or sell top trading strategies? CryptoHopper has a marketplace where you can buy and sell top templates and strategies. Users who are good with technical analysis, for example, can sell their templates and strategies on the marketplace for added profit.
You can also use CryptoHopper for mirror trading, copying the trades of other successful traders and feeding those strategies directly into your own hopper. Another nifty feature with CryptoHopper is that you can access all of the above features without using any of your real money. Once you have built your skills and confidence using play money, you can start making real gains with real money. Unified Trading Platform: Add all different crypto exchange accounts to a single platform, then implement unified strategies across all accounts.
CryptoHopper not only has a great UI, but it also gives users access to advanced signals, technical analysis, and more, even on the most basic subscriptions. Then, load your strategy into the hopper and trade 24 hours a day, 7 days a week. If your strategy is successful, you can even sell it for profit on the CryptoHopper marketplace.
Paper Trading: Not ready to invest real money into crypto trading? Create a strategy that works for you. Setup a system that identifies the best rising coins before the rest of the world discovers them. Real-time updates can be sent directly to your bot, allowing you to copy the trades of leading analysts. Shorting: Short sell coins using CryptoHopper on any exchange, taking advantage of a falling market to capture profits.
Simple Layout: CryptoHopper has a simple, well-designed dashboard that will be familiar to anyone who has used crypto trading websites or trading software in the past. Marketplace: Buy and sell templates and strategies on the CryptoHopper marketplace.
Users who are good with technical analysis, for example, can earn more than just their trade gains, selling their analysis systems to maximize profits. CryptoHopper is available at a variety of different price points, including a free 7 day trial. CryptoHopper was founded by two brothers. Prior to becoming interested in crypto, one brother worked as a day trader while the other brother was a web developer.
The two teamed up to build a crypto trading robot on a Raspberry Pi using a 3D printed case. That machine became the first CryptoHopper. Eventually, the two decided to create a platform dedicated to implementing those trading strategies. That platform is CryptoHopper. CryptoHopper is a crypto trading platform that aims to bring transparency and quality to an industry that sorely needs it. Or, copy the trades made by advanced traders. You can setup your CryptoHopper account to connect with accounts on a dozen major exchanges.
Then, you can implement advanced trades and trading strategies across all of those accounts simultaneously. A free 7 day trial of CryptoHopper is available to all new customers. Visit CryptoHopper online today to learn more. Similar to other crypto trading platform websites, which promise enormous returns with minimal risk, Pro Crypto Bots seems to make grandiose statements about its effectiveness, saying things like the following:.
Pro Crypto Bots seems to attempt to dazzle users with stories of users earning enormous returns by implementing their trading strategies. Many other crypto trading platforms promise huge profits with minimal risk. Does Pro Crypto Bots actually deliver? Or is this yet another over-hyped crypto trading robot platform with few real results? Keep reading to find out how Pro Crypto Bots works. Using these basic strategies, you can enjoy easy profits with minimal risk — at least according to the Pro Crypto Bots team.
Both bots use bitcoin as collateral, with profits paid in bitcoin as well. All trades take place through Bitmex or Deribit. Instead, the platform only works with Bitmex or Deribit, both of which are known for offering bitcoin futures contracts — including perpetual futures. All you need to get started is your own Bitmex or Deribit account and some bitcoin. Pro Crypto Bots recommends you have a minimum of 0. Easy Setup: Pro Crypto Bots is surprisingly easy to setup.
The developers have taken steps to make installation as painless as possible. After you make your first subscription payment, Pro Crypto Bots can be setup in minutes.
Additionally, Pro Crypto Bots claims that it will never ask for your identity and never share your info with anyone. That means you can grow your account with Pro Crypto Bots even if prices go down. Both bots use bitcoin as collateral, with all profits paid in bitcoin. Pro Crypto Bots also offers a free day trial. However, you need to authorize a PayPal payment in order to begin your free trial.
If you cancel your subscription before the day trial period, then your PayPal will not be charged. Pro Crypto Bots is not available to U. The website, ProCryptoBots. The domain is registered under Tucows, a Toronto-based domain name registration service.
That company also has limited information about itself available online, however. Pro Crypto Bots is also connected to an anonymous user named Fibonacci30, who has developed various Fibonacci trading bots online. Pro Crypto Bots is a cryptocurrency trading platform that offers two different crypto trading algorithms developed by Fibonacci Gekko is a unique trading bot in that it is completely open source and can be found on Github.
The Gekko solution supports 18 different exchanges, including Poloniex and Bitfinex , and offers an adaptable plugin system that integrates with solutions such as IRC, Telegram, and email platforms. While the Gekko bot is not a high-frequency trading bot nor able to exploit arbitrage opportunities, it is a highly trustworthy Swiss army knife equivalent for traders that value simple automation and optimization.
Users can use this bot for executing some basic trading strategies, and they even have access to some pretty useful features. These include viewing prices of coins in real time, executing live orders, simulating markets, calculating indicators , and alike. Compared to our previous entries, its functionality is somewhat limited. Still, the bot continues to be useful, and it's also completely free. Gunbot is one of the most popular automated bitcoin trading systems on the internet today.
Gunbot has a pretty wide range of different specifications and settings that are useful to professionals and novices alike. Gunbot, for example, is one of the few cryptocurrency trading tools on this list that allows you to make custom strategies. You can create your own custom trading techniques and allow the bot to execute them, for example. Gunbot also has strong exchange support, allowing users to connect with virtually all popular exchanges.
Another advantage of Gunbot is its community. As one of the more popular automated bitcoin traders in the space, Gunbot is used by thousands of people every day. There are active communities on Reddit and other forums. The Starter Edition, priced at 0. You can add Cryptosight bot monitoring and Gunbot backtesting to your account for 0. The Pro Edition, priced at 0.
You also get backtesting and cryptosight with this plan. Meanwhile, the Ultimate Edition, priced at 0. Users can access backtesting, cryptosight, TradingView , and more. Your purchase of Gunbot includes a lifelong license. In exchange for the one-time fee, your software will be upgraded for life. Best of all, you can buy a lifetime license for a price ranging between 0. Another nice thing about Gunbot is that it can successfully execute conservative trading strategies.
Many users deposit a small amount of money into an account, let Gunbot run that account conservatively, and come back to find safe, attainable gains. Over 6, traders use Gunbot every day. Cryptotrader is a little known but highly scalable cloud-based automated trading bot that makes it possible for traders to build their own customized trading bot solution in minutes.
Cryptotrader supports all of the major cryptocurrency exchanges, including Bitfinex, BitStamp , Poloniex, Coinbase , Kraken , and Bittrex, and provides backtesting trading strategies that allow traders to test how their strategy would work in different historical trading conditions. One of the most unique features of the Cryptotrader platform is a strategies marketplace that allows users to buy and sell successful trading strategies.
Because CryptoTrader is based on the cloud, it allows users to go a step further and create their own bots. The platform's software works with numerous exchanges, but also with many different currencies. Not only that, but the platform also provides an entire marketplace for users to sell trading strategies of their own making. The price of this bot can be paid in Bitcoin, and it costs anywhere from 0. The platform also accepts Litecoin.
BTC Robot was one of the first commercially available Bitcoin trading bots, and is a self-described automated trading tool that promises to deliver guaranteed profits. The BTC Robot platform offers a significant amount of evidence to support these promises, and claims to work by constantly analyzing all of the prices in every Bitcoin exchange marketplace in real time in order to exploit market gaps.
The BTC Robot is relatively simple to set up and is user-friendly, but is the subject of debate in the Bitcoin community. Some BTC Robot users have experienced modest profits, while others have found it difficult to get it working properly, or generate a significant ROI.
Zenbot is another open source anonymous crypto trading bot that provides traders with the ability to download the code for the bot and edit it themselves via Github. The Zenbot solution is currently under active development, and is currently in the third iteration of release.
Club account, all you have to do is go to the exchange of your choice, and generate an API. You will get a new API, and a secret code. Just go back to Cap. Club, and enter the info into the fields it provides you with.
The process is super simple, and should only take you a few minutes. Club also has a deep support section online.
If you need help connecting your exchange account to their platform, or figuring out how to use any of the tools, you should be able to find any information you need.
The support is included with both account types, which is a great feature. Overall Cap. Club looks like a capable automated trading platform that also gives traders some useful tools, as long as you use one of its two supported exchanges.
Signal is a platform that is made specifically for Binance. Signal does give traders on Binance some badly needed tools, and a high level of connectivity.
Much like Exchange Valet, Signal gives traders the tools they would find on a trading platform like MT4. In addition to simultaneous stop loss and take profit orders, it also allows traders to program laddered buying, as well as trailing stops. Most of the features that Signal offers are extremely useful for traders. If you trade on Binance and are looking for advanced trading tools, Signal could be the right platform for the job.
As mentioned above, being able to use stop loss and take-profit orders simultaneously is a must for traders. In addition to adding simultaneous stop loss and take-profit orders, Signal gives you the ability to buy into a position over a period of time.
Instead of buying your entire position at one, you can automatically set Signal up to do the buying for you. This can also be good for larger traders who want to spread their orders out, and reduce the chance they will influence the market price of a token noticeably. The sell existing coins tool allows Signal users to sell specific coins, and the targets tools lets traders set levels where positions can be sold.
Both tools may be handy for advanced traders. Signal offers a simple set of tools, but it can be accessed from almost any device. Connectivity is one area where Signal shines. You can use the platform from just about any device, including the two most popular mobile operating systems. If you are looking for a fully-featured trading platform for Binance that you can use almost anywhere, Signal is a good fit. The platform will also notify you via SMS when your orders are executed, which can be handy if you need to stay on top of the market.
It also gives you the ability to track your trading performance over time, which can be very handy if you are trading frequently. If Signal is free to use, and the team behind it is planning to add exchanges and features in the future, it is very promising for the platform. As it stands today Signal is a good looking product that has a clean interface, as well as a solid development team behind it.
The platform seems to be geared towards frequent traders, and could be a good fit if you are on Binance, and trade a lot. Even with the more basic trading tools that Signal offers regular traders will probably have a much raiser life.
If you are looking for a one stop trading bot platform, Live Trader could be the thing for you. Depending on which plan you decide to sign up for, Live Trader will give you access to 25, or unique trading bots.
Live Trader also works with some of the largest crypto exchanges out there. Connecting Live Trader to your exchange, or exchanges of choice is simple, and Live Trader has lots of support tools online to help its clients get their account set up quickly.
The real advantage that Live Trader offers clients is the sheer number of trading bots, as well as a novel back-testing system.
Unlike some platforms that need direct access to an exchange to do backtesting, Live Trader can run advanced backtesting simulations on paper. The first thing to notice about Live Trader is the number of exchanges that it will function with. Instead of being limited by your trading bot, Live Trader gives you numerous choices for an exchange. It also allows you to run multiple trading strategies at the same time, depending on which plan you decide to purchase.
While Live Trader is a pay-only service, it does offer a limited free trial so you can learn more about what you would be buying if you sign-up. The basic plan allows you to run one strategy, the mid-level plan gives you five simulations strategies, and the top-level plan that gives you bots to choose from will let you run 10 of them at once! Live Trader is definitely set up for traders that want to use algos.
If you are looking for a platform that will give you some advanced order types, and a few basic algos, Live Trader might be overkill.
On the other hand, if you are looking for a deep selection of automated trading algos, Live Trader could be a perfect fit. There are a truly amazing number of automated trading algos on Live Trader. In addition to the algos that Live Trader has available, there is also an algo marketplace you can browse through. If you would like to develop your own trading tools, Live Trader has a strategy builder that will allow you to construct your own strategies, and back test them on any exchange the platform supports.
All of this adds up to a huge selection of algos for automated crypto trading on some of the most popular crypto exchanges out there. If you are on the fence about how algos might fit into your crypto trading, Live Trader could be a lot to take on at first.
With all the features that Live Trader includes, it is reasonable to expect that the more advanced plans would cost substantially more. All those cloud servers cost money, and doing the same thing on your own machine would get expensive. If you are looking for a platform that delivers loads of algos, works with many of the most popular crypto exchanges, and lets you do extensive off-exchange backtesting, Live Trader is worth learning more about.
The homepage also offers a chat window, which is nice to see! GunBot is a well known cryptocurrency trading bot which uses individual strategies that are completely customisable to fit your trading style.
You can run the bot on your own computer or use a VPS and can manually add different coin pairs, pick a strategy and set it to work. GunBot a versatile trading platform, and it also offers a lot of value for the money. The platform has a few different plans, that range from 0. The features that GunBot includes in its Starter Edition are worthwhile for the price. The next two levels add loads of functionality, with the Pro Edition adding backtesting capabilities, and cryptosight as standard features.
It is estimated that there are more than 6, traders that use GunBot on a daily basis, and it has gotten numerous positive. Gekko is an open-source trading bot and backtesting platform that supports 18 different Bitcoin exchanges.
Gekko is entirely free and can be found on the GitHub platform. Gekko is a relatively straightforward trading app to use that includes an interface and basic strategies from the outset, which allows you to be more comfortable with the use of the bot. Gekko also has a number of plugins available that will allow you to be updated regardless of what level of connectivity you have.
Similar to Gekko, Zenbot is also an open-source trading bot for Bitcoin traders. As an open-source project, Zenbot is available for users to download and modify the code as necessary. However, there have been question marks in the community over the development of Zenbot, with no updates having been made to the platform for a significant number of months. This means that no additional exchanges have been added to the platform for almost one year, meaning that it may have access to less information than some of its competitors.
However, on the positive side, Zenbot, unlike Gekko, does offer high-frequency trading as well as supporting multiple cryptocurrencies in addition to Bitcoin. Visit Zenbot. Typically, a trading bot will analyze market actions, such as volume, orders, price, and time, although they can generally be programmed to suit your own tastes and preferences.
Trading bots have been popular for many years in various conventional financial markets. However, trading bots have not been traditionally available to the average investor as they cost a significant amount of money. With many people trading Bitcoin passively and therefore unable to dedicate large amounts of time to analyze the market, the intention is that Bitcoin bots will allow users to establish more efficient trading without having to keep on top of the market at all times.
Although the cryptocurrency market is much less mature than other financial markets, the digital nature of the market has meant that despite the fact that it has had significantly less time to integrate algorithmic trading, the technology has not been slow in catching up on its rivals in terms of providing a trading bot service, allowing for investors to obtain access to a wide range of trading strategies, some of the most popular of which are considered below:.
In the early days of cryptocurrency trading one of the primary strategies that traders used to make profits was arbitrage — i. As cryptocurrency exchanges were decentralized, there were often large differentials between prices offered on various exchanges, meaning that profits could be made through arbitrage. Although the spread between exchanges are much smaller now, they do still appear from time to time and trading bots can assist users in making the most of these differentials.
In addition, arbitrage can also be utilized in traders looking to involve futures contracts in their trading strategies by benefiting from any difference that exists between a futures contract and its underlying asset, by considering futures contracts that are traded on various different exchanges.
Trading bots can also allow investors to use the market making strategy. In order to carry out the market making strategies, in involves making both buy and sell limit orders near the existing market place. As prices fluctuate, the trading bot will automatically and continuously place limit orders in order to profit from the spread. Although this may be profitable at certain periods, the intense competition around this strategy can result in it being unprofitable, especially in low liquidity environments.
Trading bots work by reacting to the market. It gathers the data it needs in order to execute a trade based on analysis of the trading platform. In addition, as noted above, the spread between the exchanges has flattened somewhat, meaning that the opportunities for inter-exchange arbitrage are much lower than in previous years.
Many trading bots use what is known as an exponential moving average EMA as a starting point for analyzing the market. By programming the bots, traders can set their thresholds to correspond with their risk appetites. However, one of the downsides of EMA is that it is based on past history, which, as all traders will know, is not indicative of future performance, especially in the cryptocurrency industry where volatility is rife.
Therefore the question of whether trading bots work is a multi-faceted one in which the problem answer is that they work, but not necessarily for everybody. Trading bots offer a variety of advantages, including having constant interaction with the market, as well as the not-insubstantial factor of removing the emotion from trading.
However, on the other hand, by using the wrong trading strategy or relying on the trading strategy of others, a trading bot could simply end up automating a set of poor market trading decisions.
Cryptos are a great new asset class, but it is hard to create a return from them in the same way that cash or a stock creates value. Most people associate stocks with gains from price appreciation, but many of the best stocks pay out dividends. From an investment standpoint, passive income is extremely important.
One argument for holding stocks through a bear market is that they will continue to pay dividends, which can then be reinvested in the company when the stock prices is depressed. Cryptos are more like a commodity than a company from an investment standpoint, which leaves investors with something of a problem. If you want to put your crypto portfolio to work for you, trading bots could make sense to use. There are many different kinds of bots out there, and some can take advantage of market movements to create gains automatically.