Crypto trading bot reddit are automatic programs that assist you in buying and selling cryptocurrency at the right moment. This software’s primary purpose is to enhance income while decreasing losses and hazards. These tools allow you to manage all of your crypto exchange accounts in one spot. Many of these apps make it simple to trade for Ethereum, Litecoin, Bitcoin (BTC), and other cryptocurrencies.
What Is A Crypto Trading Bot?
Crypto trading bot reddit are automatic programs that assist you in buying and selling cryptocurrency at the right moment. This software’s primary purpose is to enhance income while decreasing losses and hazards. These tools allow you to manage all of your crypto exchange accounts in one spot. Many of these apps make it simple to trade for Ethereum, Litecoin, Bitcoin (BTC), and other cryptocurrencies.
Are Crypto Trading Bot Legal?
Yes, trading bots are entirely legal in the bitcoin and stock markets (although only certain brokers allow them). Anything prohibited under normal circumstances is likewise criminal in bitcoin trading.
15 Best Crypto Trading Bot For Automated Crypto Trading
Let’s take a look at the best crypto trading bot reddit which we listed below.
#1. Pionex
Pionex trading bot was one of the first exchanges in the world to offer 12 free trading bots. Users can automate their trading so that they are not always checking the marketplace. It is one of the largest Binance brokers, aggregating liquidity from Binance and Huobi Global.
Features:
- For retail investors, pionex trading bot offers 16 free trading bots.
- When compared to the majority of the main exchanges, the trading charge is the lowest. Both the maker and the taker pay a 0.05 percent trading fee.
- A Grid Trading Bot enables users to purchase cheap and sell high within a given price range.
- Grid Bot with Leverage delivers up to 5x leverage.
- The Spot-Futures Arbitrage bot assists individual investors in earning passive income with no risk. This strategy’s anticipated return is 1550 percent APR.
- The Smart Transaction terminal enables traders to establish stop-loss, take-profit, and trailing stops in a single trade.
- MSB (Money Services Business) licence granted by US FinCEN.
#2. Cryptohopper
Cryptohopper is one of the greatest automatic trading bots for managing all of your crypto exchange accounts in one location. It allows you to exchange BTC, Litecoin, Ethereum, and other cryptocurrencies.
Features:
- You may perform your own technical analysis with this bitcoin trading robot.
- It is simple to obtain tactics and bot templates.
- Cryptohopper safeguards your account with secure mechanisms.
- This free bitcoin trading bot protects your information.
- It has an easy-to-use UI.
- The programme generates performance reports in real time.
- EMA, RSI, BB, and other typical signals/indicators are supported by algorithms.
- An advanced strategy creator with over 30 indicators and over 90 candle patterns.
#3. Bitsgap
Bitsgap is one of the greatest bitcoin trading bots for conveniently managing your crypto holdings. This tool can evaluate over 10,000 crypto pairings and choose the coins with the most potential. With a few mouse clicks, you may construct your bot’s strategy.
Features:
- A chart allows you to simply view your trading.
- Bitsgap is a completely automated bot that operates around the clock.
- You may experiment with different settings before investing.
- It is accessible without downloading.
- For security reasons, your money is stored on the exchange balance.
- This BTC trading programme allows you to increase your profits.
- For rapid crypto research, use 100+ technical indicators and 12 chart formats.
#4. HaasOnline
HaasOnline is one of the most established and well-known crypto trading bot sites. Over 37 exchanges are available for automated trading. Create bot strategies with a single mouse click or build your trading bot line by line.
Features:
- Bot automation enables traders to replicate practically any trading technique.
- You may perform your own technical analysis with this bitcoin trading robot.
- This free bitcoin trading bot protects your data and codes.
- Monitor your trading bots and market changes with bespoke dashboards.
- The programme generates performance reports in real time.
- It includes HaasScript, a programming language designed specifically for trade bots by HaasOnline.
#5. Trality
Trality is a platform for anybody interested in profiting from algorithmic crypto trading without quitting their day job. They provide cutting-edge tools for developing very complicated, highly creative algorithms in an instructional, community-driven environment that fosters trader learning and growth.
Features:
- Curated, pre-planned strategies
- Experts can easily rent out bots.
- Graphical UI with drag-and-drop functionality (for beginners)
- (For advanced traders who are familiar with Python)
- backtesting module with lightning-fast performance.
- Cloud-based real-time trading Your algorithms operate consistently and never miss a deal.
- Over 100+ technical indicators may be used with Boolean logic.
#6. Coinrule
Coinrule is an automated trading software that allows you to trade on exchanges such as Binance, Kraken, Coinbase Pro, and others. This programme has over 150 trading strategy templates.
Features:
- It provides live customer assistance.
- It enables you to test rule performance on historical data.
- Create your own trading rules.
- It contains a market indication that allows you to easily deploy funds.
- It is equipped with military-grade encryption.
- Backtest your plan using reliable data.
- You can swap at any time.
#7. 3Commas
3Commas is one of the greatest trading bots for increasing revenue while decreasing losses and dangers. This programme allows you to profit with little effort and construct a strategy based on 20+ trading indicators.
Features:
- Single and multi-pair bots are available.
- This platform allows you to trade 24 hours a day, seven days a week.
- Other bots’ settings can be copied.
- It helps you to keep your portfolio balanced by preserving coin ratios.
- Deal alerts are provided by these bitcoin margin trading services via mobile applications, websites, and emails.
- This will assist you in making money in bear, bull, and sideways markets.
- Backtesting, dollar-cost averaging, signals, custom tradingview signals, and so on are all supported.
- Paper trading is permitted.
#8. CryptoHero
CryptoHero is a reputable crypto trading bot with features ideal for novice to expert traders. It provides a variety of bots that enable traders to profit in bull, bear, and range-bound markets. It provides a bot marketplace where you can buy tested bots put up by professional traders. New users may quickly install the bots with a few clicks. CryptoHero provides online and smartphone access, allowing traders to trade from any location at any time.
In addition, CryptoHero does not disclose trading data to any exchanges without the users’ agreement. It does not take part in any exchange broker or affiliate schemes.
Features:
- The user interface is simple to use.
- A cloud-based crypto trading bot that automates transactions 24 hours a day, 7 days a week.
- Configure strategies without having to write any code. On Paper Exchange, you may test methods without risk.
- Users may assess the success of the techniques using ultra-fast backtesting.
- Portfolio management provides a one-click view of all connected crypto exchanges’ digital assets.
- The trading terminal facilitates manual trading between exchanges.
- The Bots Marketplace includes a large number of proven bots that a new user may quickly deploy.
- Intelligent data centre providing vital crypto and financial data to traders.
#9. Quadency
Quadency is a digital asset management tool that offers institutional and individual traders an automated trading solution. It simplifies the cryptocurrency investment procedure.
Features:
- This programme allows you to easily modify bots.
- It offers a variety of automated tools as well as powerful TradingView (social network) charting.
- You may expect good customer service.
- Trading on Bittrex, Binance, and Kucoin is possible.
- It provides a wide range of trading bots that can be easily modified.
One of the top trading bots allows for automatic trading.
#10. Shrimpy
Shrimpy is a bitcoin social trading platform. This programme includes automated trading algorithms that can help you boost performance while lowering risk. It assists you in developing a portfolio strategy, tracking performance, and monitoring the market.
Features:
- Your API key is secured and kept securely using FIPS 140-2 (Federal Information Processing Standards).
- It has the potential to make portfolio management easier.
- You can see the current market price.
- It provides a dashboard with asset details and portfolio performance measures.
#11. TradeSanta
TradeSanta is one of the greatest trading bots for easily managing your risk. This programme allows you to select the method that best matches your trading style, as well as establish your goal profit amount and complete the trade at the appropriate time.
Features:
- It allows for both spot and futures trading.
- Trading bots with short and long strategies may be easily launched.
- It offers assistance around the clock.
- It enables you to acquire or sell a huge amount of crypto without difficulty.
- It provides a large number of pre-set templates.
- The bot may be tracked in real-time.
- A Guide to Cryptocurrency Trading:
#12. WunderTrading
WunderTrading is a crypto automation software that includes mirror trading and crypto portfolio management capabilities. TradingView PineScript allows users to build completely autonomous cryptocurrency trading bots, earn passive cryptocurrency income by following extremely talented traders, or trade manually using the sophisticated Trading Terminal.
WunderTrading distinguishes itself from its competition by offering a wide range of trading possibilities. On the WunderTrading platform, you may use the trailing-stop and even swing-trade capabilities. Advanced trading tools such as stop-loss and take-profit can also be used to improve trading tactics. Because of the TradingView interface, you can add a wide range of trading algorithms and technical indicators into your bots. Their built-in terminals may also be utilised to create DCA and Spread strategies.
#13. Botcrypto
This is a programme that allows you to automate your crypto trading and save time. This software requires no coding knowledge to use, and you may develop and operate trading robots to trade using your tactics. Botcrypto is a free bot trading platform with a visual editor and 24-hour support.
#14. Gunbot
This is a customizable crypto bot that allows you to build an endless number of bot instances. It supports over 100 exchanges and is one of the best-automated bots for automatic bitcoin trading, allowing you to get more consistent outcomes in your transactions.
Gunbot features a strategy that makes it simple to get started and allows you to modify your plans. The monthly fee begins at $0.02.
#15. Axioncrypto
This creative and user-friendly bitcoin trading bot was designed to assist you in developing sophisticated automated trading indicators and algorithms.
The AAxioncrypto bot may be used on a variety of crypto exchanges, and you can construct your own strategy using the Code Editor or builder. The monthly fee ranges from $15 to $90.
You may use this tool to backtest ideas and new trading methods, monitor, and manage bespoke transactions, and send signals immediately using a trading view or a manual system. The bots run in the cloud on a secure business network, so the platform doesn’t have to be downloaded and set up.
FAQ’s
Do Trading Bots Actually Function?
It is determined by a variety of circumstances. Most trading bots promise to have a high success rate and will function perfectly. However, this is not always acceptable when the market conditions are not favourable. It is usually preferable to design a bot depending on your trading style and convenience.
Is It Worthwhile To Use Crypto Trading Bot?
Trading bots are essentially software, so there is no assurance of profit. Additionally, there are several hazards involved with automated platforms and trading bots. Trading bots are often created for traders rather than investors, and they are not suited for people new to crypto trading.
