Top 10 Cryptocurrency Trading Bots of 2023

Summary
With the advent of cryptocurrencies and their investment opportunities, crypto trading has grown tremendously. With the volatility that cryptos are moving at, this provides a plethora of opportunities for investors to trade and make significant profits. But the speed at which cryptos move is fast, and sometimes it becomes difficult to manage these fast transactions manually. This, therefore, led to the invention of crypto bots – software that helps the trader execute trades and strategies automatically and accurately, thereby reducing the risk the trader would face when executing trades manually.
With the increase in market size and crypto trading becoming more and more mainstream, many trading robots have appeared, and it is difficult for everyone to identify the best one. So here is the list of top 10 crypto trading bots that one can use in 2023
Pionex
A crypto exchange with a feature of built-in crypto trading robots.
It is one of the best free trading bots and has been offering these services since 2017. Liquidity on Pionex is aggregated from major exchanges like Binance and Huobi and provides a free trading bot. Without the hassle of API keys while using Pionex, the platform offers 18 free cryptocurrency bots including some popular ones like Reverse Grid Bot, BTC Moon, ETH Moon, Spot-Futures Arbitrage Bot, etc. Pionex has also received the MAS and MBS licenses from the United States and Singapore, attesting that the bot and the exchange are safe.
There are very few exchanges today that have the reputation and popularity of Kucoin. To complete its offer, Kucoin has built trading to allow its users to take advantage of automated trading. This includes Grid bots for spot and future and a DCA bot. With built-in bots, users’ lives become much easier as they don’t have to connect to a third-party bot using API keys.
One of the best trading bots with a user interface experience for a professional trader, 3cooms has carved out a niche for itself. In addition to its old bot, 3Commas recently released a new GRID bot and a DCA bot. The bot offered by 3commas can implement several technically analyzed BTC trading strategies, which can help and improve users’ chances of making a profit by trading bitcoins. Also, the platform comes with a marketplace that offers a variety of third-party crypto signals. As the bot is packed with features, it comes with a two-tier subscription: Basic and Pro. The bot’s essential subscription costs $29/month, and the Pro version costs $99/month.
One of the best and well-known single grid robots, Bitsgap allows users to make high frequency trades, which are only available to large institutional investors or hedge funds and usually come at a high price. Bitsgap grid bot distributes the investment proportionally within a trading range predefined by a crypto trader. Additionally, Bitsgap recently added its upcoming Bitsgap trading bot, which can open and close multiples of small positions daily, opening doors for traders who accept lower returns but want to expose themselves to minimal risk. The algorithm that drives this bot is designed so that the user can generate maximum returns from price fluctuations. It has great features for risk control like UP follow, take profit, stop loss and several other exit strategies.
Backed by Europe’s oldest and largest digital investment houses, Coinshares, HAL, which was previously known as Napbots, prides itself on making complete crypto trading a walk in the park. This is why Coinshares supports this, as it hopes to simplify its user’s access to complex trading strategies and methods. HAL connects to any user preferred exchange and creates a single screen view. The bot comes with a detailed tutorial on various features of the bot. The trading bot also comes at a reasonable price of EUR 19.90/month regardless of the number of trades.
One of the leading paid trading bots for BTC and other cryptocurrencies, Cryptohopper has built a fan base. As a market-making bot, the platform allows users to create their trading strategies, differentiating itself from other Grid bots. Cryptohopper also allows users to copy other trading strategies through its Cryptohopper marketplace. The marketplace also allows users to purchase third-party services such as signals for crypto, apps, templates, and strategies. The app also offers a demo trading account, social trading platform, market arbitrage tool, and paper trading mode.
Combined with state-of-the-art software and technology and a super user-friendly interface. This is one of the reasons why the trading bot is on the list of best crypto trading apps. The crypto trading bot comes with the largest marketplace of crypto signal providers. Cornix was created with the idea that anyone can trade cryptos. The crypto bot recently released new advanced DCA bots and the platform is free with no credit card needed.
Botcrypto attracts professional traders to use its bot as it allows custom trading bots. To make life easier for traders, the platform provides a drag-and-drop interface that combines over 20 technical indicators that help build a chart-based strategy. No coding is therefore required and the platform also allows notifications. The platform also allows backtesting and real-time stimulation which is free. Once the user is ready, they can subscribe to the paid version at $12 per month.
Another paid bot focusing on rebalancing as a main feature; Shrimpy automates crypto trading and portfolio rebalancing to make life easier for its investors. Although this bot is designed more for investors than traders, as it provides services such as portfolio management, rebalancing, strategic backtesting, and indexing, the bot offers more than ten crypto exchanges. As the platform only supports certain trades per day, it is more for a hodler than a trader. The bot recently introduced the copy exchange feature to give its user an extra feature
Another premium paid crypto trading software, Hassonline, is considered one of the most advanced crypto trading robots available today. Like many others in this list, the trading bot has pre-built trading bots for strategies such as market making, trading, arbitrage, and other tools. However, its competitive edge comes with the release of HaasScript, the bot scripting language, which can help sophisticated traders develop highly complex trading bots using a drag-and-drop designer or editor. intelli-sense. The bot supports 25+ trades and also offers the option of backtesting and paper trading so traders can practice their strategies before executing them in real markets.
While crypto trading bots are great for traders to perform repetitive tasks and make quick trades, it is the trader’s actual strategy and intelligence that makes the money. It is therefore important for crypto traders to focus on creating and testing their strategies and choose the right bot suitable for their type of trades.
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