One crypto market aspect is the high volatility rate. The price of any cryptocoin can be pumped or dumped in a short amount of time, however this situation is common for every active traders. Market volatility drives more profit to every crypto traders. Crypto traders used a variety of tools to navigate the current trend of the crypto market such as technical and fundamental analysis. Also some traders used crypto bot to automate there trading and make profit in the swinging crypto market.

Crypto trading bots in crypto market :

• Gunbot (paid version)is a well-known crypto trading bot in the crypto market offers customizable trading strategies to fit in your needs. Gunbot supports a some of cryptocurrency exchanges such as ; Bittrex, Binance, Poloniex. Bitfinex, Cex.io, GDAX, Kraken and Cryptopia.

• Gekko (free)is also a well-known crypto trading bot offered free of charge , support many crypto exchanges. Gekko users can execute basic trading strategies in swinging market. Also Gekko can aggregates live price data, calculates indicators, executes live orders, calculates profit and risk metrics.

• Haasbot (paid version)is a popular crypto trading bot in crypto space. Haasbot provides functionalities such as: automated trading, historical and real-time backtesting, and notification and reporting capabilities. Haasbot supported numerous crypto exchanges.

• Cryptohopper (paid version)is a cloud-based trading bot that allows the bot to continue trading even if the trader’s computer is switched off. The bot offers features such as: backtesting, trailing stop loss and technical analysis features including: Stoch, RSI, Bollinger Bands and MACD.

• Zenbot (free) is a open-source crypto trading bot like Gekko. Coders can modify the source code to suit on there needs. Zenbot support numerous crypto exchanges and digital assets. Zenbot offers features such as high-frequency trade execution and extensive backtesting.

Bonus

Bituniverse (free) a crypto portfolio and trading app. Bituniverse is available in both IOS and Android. Bituniverse offer Grid trading bot to its users and supported variety of crypto exchanges like Binance , Bittrex, Huobi and Bitmex.

Bituniverse latest version can support copy trade (copy the trading pair of selected pair) for socialize trading , bot statistics (data visualization) and auto portfolio that ease you to tracking and trading in numerous exchanges.

Try the Bituniverse Grid trading bot for free by sign up using my invite link and start grid trading bot in supported exchanges.

Conclusion

Crypto trading bot is a useful tool for every traders just used it correctly. Bots are very effective if used the correct strategy. Don't viewed that using bot is generating a passive income , that will depends into yours. Use the crypto trading bot with a DYOR (Do Your Own Research) to lessen losses and boost the earning.