A Crypto trading bot is software that helps you automate your trading strategies. In other words, crypto trading bots automatically execute orders based on your trading strategy at your crypto exchange without your manual intervention. This reduces risks and gives you an extra edge over manual traders.
In the days of Mt.Gox, Bitcoin traders wrote scripts to buy and sell bitcoin to make profits. Over time these crypto bots became more sophisticated. Today you can trade any altcoin such as Etheruem, Dogecoin, Litecoin, etc using these trading bots.
More than 90% of crypto trading, now happens through these bots today. So if you are not using one of these softwares, you might be at a huge disadvantage competing against these trading robots.
However, getting started with a crypto trading bot might be confusing and overwhelming. Therefore we have picked the best and easy-to-use trading bots for you. Some of the trading bots listed below are free and open-source software.
If you are a beginner, I would recommend starting with pre-building ready-to-use trading strategies templates, reducing the risk of error when automating your own strategy.
Crypto Trading Bot — Best FREE Crypto Trading Bots
What are the best crypto trading bots for Binance, Kucoin, and other crypto exchanges? Nowadays, lots of teams provide paid and free crypto trading bots for Bitcoin and other cryptocurrencies. It’s a hassle for a crypto trader like you and me to choose between these services.
A Crypto trading bot is software that helps you automate your trading strategies. In other words, crypto trading bots automatically execute orders based on your trading strategy at your crypto exchange without your manual intervention. This reduces risks and gives you an extra edge over manual traders.
In the days of Mt.Gox, Bitcoin traders wrote scripts to buy and sell bitcoin to make profits. Over time these crypto bots became more sophisticated. Today you can trade any altcoin such as Etheruem, Dogecoin, Litecoin, etc using these trading bots.
More than 90% of crypto trading, now happens through these bots today. So if you are not using one of these softwares, you might be at a huge disadvantage competing against these trading robots.
However, getting started with a crypto trading bot might be confusing and overwhelming. Therefore we have picked the best and easy-to-use trading bots for you. Some of the trading bots listed below are free and open-source software.
If you are a beginner, I would recommend starting with pre-building ready-to-use trading strategies templates, reducing the risk of error when automating your own strategy.
Note: I have added some discounts at the bottom, check them out.
The Best Crypto Trading Bots (Free & Paid) in 2021
I tried my best to keep things short, but as it is said by Kofi Annan, “Knowledge is Power. Information is liberating.” I tried to provide you with all the features of the crypto trading bots in this article. However, if you don’t wanna do a deep dive, the below table is for you!
Best Crypto Trading Bots
1.Pionex — FREE Crypto Trading Bot for Bitcoin link
Don’t need to hassle with the API Keys while using Pionex. So far, there’s 16 free cryptocurrency bots on Pionex: Grid Trading Bot, Leveraged Grid Bot, Margin Grid Bot, Infinity Grid Bot, Reverse Grid Bot, Leveraged Reverse Grid Bot, Dollar-Cost Averaging Bot, TWAP Bot, Trailing Take Profit Bot, BTC Moon, ETH Moon, and Spot-Futures Arbitrage Bot.
Pionex is the exchange with the in-built crypto trading robot. It’s one of the best free trading bot platforms for cryptocurrency I’ve ever seen since 2017. (the year I start buying crypto :P) It aggregates the liquidity from Binance.com exchange and Huobi and provides a free trading bot upon it.
2.Bitsgap — Grid Trading Bot for Binance link
Bitsgap is best known for its unique automated trading bot. Thousands of crypto traders with different experience and skill sets are using Bitsgap on a daily basis to maximize returns by automating their trading.
Bitsgap Grid Bot Trading
The algorithm implemented by Bitsgap is based on a simple and effective technique, called GRID. It distributes investment proportionally within a trading range predefined by a crypto trader.
Each time the buy limit order is filled, a new sell order is placed by the bot right above that price. And vice versa, a new buy order is placed below any filled sell order. As long as the price stays within the borders of the trading range, the bot will be trading non-stop.
Furthermore, Bitsgap recently rolled out its Bitsgap Futures trading bot which opens and closes hundreds of small positions in a day. Therefore taking smaller returns and minimizing risks.
3.Cryptohopper —Trading bots for Kucoin and Binance link
Cryptohopper is a paid crypto trading bot for bitcoin and other cryptocurrencies. But before jumping into the paid membership, you have a free trial for 7 days in Cryptohopper.
Crypthopper Crypto Trading Bot
One of the well-known trading bots on Cryptohopper is the market-making bot. It’s similar to the Grid Bot in Pionex, but it’s more focused on profit from the spread on the order book. CryptoHopper telegram bot would help you automate your crypto trading signals.
CryptoHopper also provides a Marketplace where you can vouch for any thrid-party service such as crypto signals, trading strategies, apps, and templates.
4.Quadency — Is it the Best Bittrex Trading Bot?link
Quadency Crypto Trading Bot
The best part of Quadency is the backtesting feature, which allows you to backtest your strategies based on data and numbers instead of shooting them in the dark. It’s also the most important feature for a crypto bot; it’s always nice to know the performance of historical data before using your money with the crypto trading bot. Furthermore, the platform provides a range of features and comes out as one of the best Bittrex bots.
5.Coinrule — You can make your own Coinbase Trading Bot! link
Coin rule trading bot
Coinrule is next level bot for beginners. The “if-this-then-that” rule allows even less advanced crypto traders to build their cryptocurrency trading strategy in a minute. The user-friendly interface guides users in building the trading bot step-by-step.
The template library includes over 150 pre-set rules that help beginners running the trading system that suits their needs. The platform allows various cryptocurrency trading strategies, including stop loss, take profit, and integrates the main technical indicators. The list of trading strategies that Coinrule allows is limitless and the company posts regularly new ideas in the Knowledge Base of the platform.
Another interesting feature is the built-in Demo exchange. Cryptocurrency traders can test their trading systems in a safe environment with a virtual allocation of coins. The Demo rules run on prices that come directly from Binance, hence risk-free. Hence, the platform is perfect to create your own Coinbase bot.
6.Napbots — Automated Crypto Trading link
NapBots seeks to democratize quantitative trading giving direct access to professional algorithmic crypto trading strategies in a plug n’ play style, so their users don’t have to worry about having any type of skills to be able to use this platform.
Napbots Crypto Trading Bot
Based on the trading frequency(weekly, daily & hourly) users can choose from a variety of in-house made crypto trading strategies to automate their trading and allocate their funds. Many NapBots customers choose to diversify between multiple strategies to reduce risk, others prefer to stick to one crypto strategy. Easy to take in hand, NapBots is addictive. You are investing and having fun!
NapBots makes you trade cryptocurrency like a pro and give you instant access to professional crypto trading strategies in 3 simple steps:
1.Connect your crypto exchange.
2.Select the crypto strategies of your preference.
3.Relax, and let the bot do the hard work.
7.TradeSanta — Automated Crypto Trading Software link
TradeSanta bot works on eight main exchanges, Binance, Bittrex, HitBTC, Bitfinex to help you crypto trade simultaneously on them.
You’ll need to pay from $14 to $70 per month according to your package.
TradeSanta Crypto Bot
One of the features I’ve tried with the TradeSanta Cryptocurrency Trading Bot is the Grid Bot. Pionex and BitUniverse have already provided the same feature for free, so if you’re here for grid bot, I don’t see it necessary to purchase the package. But if you’re here for other features, then you can evaluate the feature by yourself.
