Entering the crypto market as a trader can be stressful. This is why we compiled a list of the best crypto trading bot platforms to help you automate buying and selling positions of your preferred coins.
With these trading bots, you can take time away from the screen and visit the app just a few times per day. If you set them correctly, the bots will trade instead of you and bring you additional revenue. However, keep in mind that the crypto market is highly volatile and that your preferred trading bot will react to any price fluctuations. This means you’ll have to get back and recalibrate it to keep earning.
Why Should You Utilize Crypto Bot Trading Strategies?
Most cryptocurrency traders will tell you that successful trades require sitting in front of a screen for most of the day. Additionally, you might also have to trade during the night, depending on your time zone. This can take a serious toll on your physical health. Furthermore, trading full-time is not that great for your mental health either.
With the best crypto trading bots for 2022, you can take some time to relax and automate your trading positions. Bots will always strive to keep the highest number of profitable trades.
What’s more, if you’re a new trader, you can set up a trading bot while you learn to read the charts. Combining a trading bot and manual trades will result in higher earnings if you’re patient enough.
How to Start With the Best Crypto Trading Platform?
Currently, the industry is flooded with trading bots, promising high profits and selling their services. Still, know that whatever bot you select, you’ll still have to pay attention to what it does.
Furthermore, some bots are free, and some you must subscribe to. If you wish to check whether a bot is a good solution to get ROI, select one of the free bots and copy the highest trading one on the list. Keep in mind that some trading bots will require that you pass verification to use the platform.
Best Bot Trading Platforms for 2022
Info About the Bot
Coinrule helps traders compete with other bots and hedge funds. There’s no coding required to start using this bot, and it works with over 10 exchanges. Coinrule also has military-grade security and encryption to keep you protected while running it.
This bot was created by a team of crypto enthusiasts, and it has so far evolved into one of the best crypto trading bot platforms out there.
You can consider Coinrule a smart assistant for your trading strategies. It lets you take full control over crypto trading and your funds.
The main features of this bot include:
- Setting up custom automated trades 24/7
- Five strategies to test out
- Over 150 rules to choose to build your trading bot
- Beginner-friendly interface
- Trigger actions based on market changes
- Volatility management
- Profit maximization
This is also one of the best trading bot platforms for Binance, CoinbasePro, Okex, HitBTC, Bitstamp, Kraken, and others.
You can start using Coinrule for free with some limited features. However, if you wish to experience all that this bot has to offer, you have to pay from $29.99/mo to $449.99/mo. Check out all the pricing plans here and create an account here.
Info About the Bot
KuCoin is a famous trading platform, and it also launched a trading bot on its KuCoin app. Right now, there are over seven million of its bots used globally. The KuCoin trading bot is ready to use straight from the mobile app.
To start using it, you should select a strategy or generate your own. When selecting a strategy, pay attention to the risk percentage, as some trading pairs have a higher risk than others. Investing funds is also straightforward, right from the app.
The trading bot and the ability to manually trade makes KuCoin one of the strongest competitors for the “best crypto trading platform” title for crypto traders and holders.
There are several kinds of trading bots on KuCoin, with various features:
- Spot Grid—sell high, buy low, ideal for newbies and spot trading
- Futures Grid—creates long and short positions to profit from both trends
- Smart Rebalance—acts as an investment portfolio, creates long-term positions
- DCA—make profits from regular investments, for spot trading
- Infinity Grid—bullish volatility killer bot, for spot trading
All these features make the KuCoin bot one of the best crypto trading bots recommended on Reddit.
To use KuCoin trading bots, you should make an account on the platform or download the app and register. The app is available both for Android and iOS.
Info About the Bot
Pionex is somewhat new in the industry. Currently, it has over 100,000 users and about $5 billion in trading volume monthly. It offers 12 kinds of trading bots, including an arbitrage bot, which helps traders seize arbitrage opportunities in highly volatile markets.
Arbitrage is challenging to do manually, and this bot utilizes the futures market powered by the Binance broker system to earn interest every eight hours. You can start with as low as $50 with no lock-up period.
Pionex is also one of the biggest brokers of Binance and one of the largest market makers of Huobi in the world.
Based on our Pionex crypto trading bot review, Pionex acquired many users during 2020 and 2021, as it’s growing in popularity.
Pionex bot is packed with useful features:
- Grid trading bot
- Bank deposits and withdrawing
- Trading features, and more
If you wish to test out this bot, sign up on this page. There are also iOS and Android apps available on this link. Since the Pionex platform supports only crypto transfers, you’ll need to use the mobile app if you wish to trade with USD.
Info About the Bot
The information on the official website describes this bot as a trading program that automates Bitcoin trading. The algorithms handle the research and automatically instruct the underlying broker to implement the trades.
Launched in 2016/17, the bot is also among the oldest trading bots on the market. The best thing about it is that you’ll get all the knowledge on how to use this Bitcoin bot right on the platform.
It also comes with a demo to help you prepare for live trades. What’s more, its systems ensure transparent trading via DLT technology. The app runs automatically, and you can take only 15 minutes daily to recalibrate it and let it run again. To see the results, let this bot run for at least eight hours.
Crypto bot trading can be confusing, but with the following features, you’ll easily manage:
- AI algorithmic trading
- High-frequency trading strategy
- High-quality robot brokers
Additionally, experts who analyzed this trading bot claim it has an astonishing 60% win rate. This shows that most of the trades on this platform are profitable. However, there’s always some risk involved, and you should pay close attention to your investments.
You can create an account on the official website whenever you’re ready to test out this crypto trading bot. Register and you’ll receive an email with instructions on how to download the bot to your mobile device.
Info About the Bot
Cryptohopper was launched in 2017 to help people trade their coins 24/7. This bot is AI-driven and makes crypto trading accessible, fun, and available for anyone. Furthermore, this crypto trading platform is free to start with.
Additionally, there are several paid plans with bonus features:
- Explorer—starter package
- Adventurer—trader plus package
- Hero—pro trader package
Cryptohopper also has an easy-to-use interface, tracks up to 75 coins simultaneously, and offers constant trading.
Currently, this bot counts about 600,000 active users. Additionally, the free subscription for this Bitcoin trading app will give you access to 20 positions, portfolio management, and manual trading, meaning you’ll have to get Explorer upgrade to gain access to one simulated trading bot.
There are also many trading bots to select and use for automated trading:
- Automatic trading
- Exchange arbitrage
- Market-making bot
- Mirror trading
- Paper trading
Other features involve:
- Algorithm intelligence
- Trailing stops
- Strategy designer
All these features and bots make Cryptohopper the best Bitcoin trading platform for individuals, pro traders, miners, and asset managers.
Create an account on the official page to check out what Cryptohopper can do for you.
Info About the Bot
The Shrimpy trading bot doesn’t look like a standard platform where you can only automate your trades. It also serves to link all your exchanges and wallets, track performance, and analyze the market.
Shrimpy is a cryptocurrency trading platform where you can manage your complete portfolio through one interface. Once you open your account with Shrimpy and link all your wallets, the platform will automatically collect information about all your assets.
Once you set everything up, you can create your trading strategy or copy someone else’s.
Shrimpy is also a highly secure platform. Every API key is encrypted and stored using FIPS 140-2 validated hardware security modules. As a result, the platform can only read the data and can’t manipulate your funds.
However, this is not a free crypto trading bot. The Shrimpy Starter package costs $19/mo, and Enterprise can go up to $299/mo.
These features make Shrimpy great:
- Shrimpy dashboard
- Link exchange accounts
- Connect wallets
- Portfolio management
- Index the market
- Smart rebalancing
- Dollar-cost averaging
- Smart order routing
- 7-day price forecasts
- Social trading features, and more
Create your account here to start using Shrimpy’s rich features.
Info About the Bot
If you’re on the lookout for the best cryptocurrency trading platform, CryptoHero is another one you can consider. This platform offers automated crypto bots that utilize AI to trade. This is a cloud-based trading platform that works 24/7. CryptoHero is ideal for beginners since it offers an intuitive interface.
This platform supports multiple currency pairs and various exchanges, and always adds new pairs and exchanges to its list.
Crypto trading automation has never been easier. With CryptoHero’s One Click Setup, you’ll get access to the Discover feature, where you’ll find the best-performing assets and bot configurations.
The main features of CryptoHero include:
- 24/7 trades, no downtime
- Long strategy
- Short strategy
- Bot simulations
- Rule settings for exit positions
- Backtest strategies
- Simulated paper trading
- Support for several technical indicators
That said, if you’re looking for the best free crypto trading bots in 2022, CryptoHero might be the right fit for you. With the free subscription, you’ll get access to one active bot, long/short strategies, all technical indicators, and one connected exchange.
CryptoHero is available as a web version and mobile app. You’ll find your preferred software version on the official website.
Info About the Bot
TradeSanta is another cloud-based automated crypto trading platform that empowers users to automate trading on multiple major exchanges. TradeSanta started operating in 2018. In 2020, it expanded the list of available markets, connected new exchanges, and introduced new advanced trading tools.
Once you create an account, you can connect the exchanges you wish to use. Then, proceed to choose a trading pair and set up the bot trading crypto tool in less than two minutes. TradeSanta currently has more than 127,000 active users, over 26,000 trading bots, and more than four million completed deals.
Still, if you’re looking for a free trading bot, TradeSanta is not for you. If purchased annually, the prices start at $25/mo.
Which features you’ll get depend on the subscription you select.
The basic plan gets you:
- Up to 49 bots
- Unlimited trading pairs
- All strategies
- Telegram notifications
For comparison, the maximum subscription (the most expensive one, ideal for those developing crypto day trading strategies) gives you:
- Unlimited bots, trading pairs, and strategies
- Trailing take profit
- Trading view signals for several exchanges
- Custom trading view signals
- Binance futures
To start a free trial with TradeSanta, you should open an account here. TradeSanta accepts payments in cryptocurrencies.
Info About the Bot
Trality is a platform for those who wish to trade like professionals. It utilizes algorithmic trading to place your orders. This trading bot generator also lets you use Python if you wish to code your own bot. Trality is a platform for casual traders and those who want to try something new. However, it’s most suitable for people who want to code their bots.
There are two ways to make your bot on Trality. The first one is the Code Editor, where you can utilize the world’s first browser-based Python code editor, various packages, a debugger, and ML modules for live crypto trading strategies.
The second way to generate a bot is with the Rule Builder. Trality’s intuitive Rule Builder is based on predefined treating strategies, more than 100 technical indicators, and boolean logic to help you trade.
Trality currently has a daily trading volume of over 10 million, as well as more than 80,000 users and more than 100 million connected AUM.
This bot’s crucial features are:
- High level of security
- Algorithms that run 24/7
- Cloud-based service
- Trading strategies that are end-to-end encrypted
You can start day trading crypto with a free plan where you can create, backtrack, and deploy one trading bot with certain limits. However, keep in mind that the profit is not guaranteed.
Check out Trality by signing up on this page. Unfortunately, Trality is not a standard trading bot, and it’s not available for Android or iOS mobile devices.
The cryptocurrency market provides you with multiple ways to earn additional income. Besides decentralized finance platforms, NFTs that you can sell, or simply holding your investments long-term, you can also benefit from some of the best crypto trading bot platforms.
These trading bots are legal, used by millions of traders to automate their earnings, and many are free to test out. What’s more, you don’t have to invest thousands to start.
However, the returns of these bots are strongly connected to the volatile crypto market. Any change in price means you’ll have to stop your trades and set up the bots again, meaning they’re not fully automated after all. The best strategy is to pay attention to how your bots are trading and check on them daily to be certain you’re in the green.
The first thing to know about trading bots is that they can be highly profitable. However, they’re not something that you can leave and forget about. Even though bots trade instead of you, each change in the market will affect them. This means they can stop the trades or cause losses.
Whenever this happens, you’ll have to get back to the platform and set up the bots again. This is why you may not see the same amount of successful trades compared to when you trade manually. On the other hand, manual trading requires that you spend a lot of time in front of the screen, analyzing the trading view.
If you’re new to crypto, you might have heard that crypto trading platforms are illegal to use. Even though the cryptocurrency market is highly volatile and easy to manipulate, crypto bots aren’t illegal. What’s more, trading bots are used on Forex and other trading platforms, not just by crypto traders.
The cryptocurrency industry is still not fully regulated, but you can be certain trading bots are used by thousands of traders globally without repercussions.
If you’re considering trading cryptocurrencies, you should know that the market operates 24/7. This might make you consider how much the prices fluctuate on a daily level. Additionally, regardless of the type of market, the crypto market doesn’t have opening and closing prices.
A good way to trade crypto is to compare the current prices with the prices from the previous day. This will give you a general overview of how much the prices changed in the last 24 hours.
Bot trading can be highly profitable if you know what to pay attention to. The first thing you’ll want to do is check how profitable the bots you wish to copy are. Check the trading pair, the risk, and try to calculate potential profits. Some coins will promise higher profits, but that’s not always the case.
The main issue with trading bots is that they will react to each market fluctuation, which will affect your earnings. As soon as the prices on the market change, you’ll have to come back to the platform and calibrate the bot again. Even the best crypto trading bot can’t provide earnings continuously without oversight.