Top 11 Best Bitcoin Trading Bots
Bitcoin bot is a software set up with specific algorithms that analyze the activity of cryptocurrencies on the digital marketplace. It provides graphics with digital currencies’ evolution. Every year in the digital technology, a lot of new trading bots appear, but which one of them really deserve to be on top?
Today, we will describe briefly the best trading bots in our opinion for Bitcoin cryptocurrency. Let’s start.
Trality is a cloud-based bot trading platform that offers its users two unique ways to create bots. The Rule Builder and Python Code Editor.
The Rule builder requires zero coding knowledge and features a drag-and-drop interface that permits traders to easily create trading strategies. Its intuitive and easy-to-use UI comes with a rich collection of different indicators and many options to tweak your bot the way you want.
The Code Editor is designed for Python developers who need flexibility when creating their trading bots. You have a range of libraries at your disposal including Pandas, NumPy, Tulip and with end-to-end encryption – you can rest assured that your code belongs to you and no one else.
Both Rule Builder and Code Editor users can take advantage of the backtesting and paper trading features to validate their strategy and make sure their bot is performing as it should be. Moreover, the bots can be then deployed for live-trading on major exchanges Binance, Coinbase Pro, Kraken and Bitpanda via API. Trality has flexible and affordable pricing, which most importantly includes a free starting plan with partly limited capacity, but all features included. If that all sounds engaging and you are willing to create your next profitable crypto trading bot, you can check Trality’s guide for a quick start.
Cryptohopper is a cloud-based bot which runs non-stop regardless if you are present at your computer or not. Those that are more advanced are able to manually configure their trading strategy by using multiple technical indicators.
Cryptohopper also has in-built external signallers that allow novice traders to put their bot on autopilot mode, meaning that they execute trades based on the recommendations of trusted and high performing third-parties.
Other functionalities included are backtesting, trailing stop loss, and trading via the use of multiple exchanges. No fee is charged for the first month of trading. Their subscription plans come with different features and is priced at $19, $49 and $99 per month.
Cryptohopper’s interface enables you to configure your trades by using a config wizard or pre-created templates which can apply to exchanges including Binance, Bittrex, Poloniex, Coinbase Pro, and Kraken.
CryptoTrader is a highly scalable trading bot that allows traders to create their own personalized trading bot just in time. The platform is known as being cloud-based. This means that it’s not a must to install the software on your devices. It is a great advantage for CryptoTrader’s platform.
Another advantage of CryptoTrader bot is that a trader has the possibility to test how its customized strategy will manifest in different trading times and conditions. Also, the platform allows traders to buy and sell the most advantageous trading strategies.
LiveTrader is a platform which features automated crypto and Bitcoin trading bots that can be set up to execute various trading strategies and automatically trade many digital assets.
The bots utilize market indicators and parameters that track price trends to automatically execute trades. LiveTrader collects its trading data from over 150 reliable exchanges in order to give users the most accurate market information.
The service allows traders to run the strategies from their account, and even implement multiple strategies on various exchanges, as well as easily customize them according to their preferences.
Users are able to choose from various strategies available in the LiveTrader marketplace and they can also view the performance history of the strategy to verify if the trades are executed according to the pre-set standards. Also, users can test out a strategy before implementing it in the real market.
The bots allow you to trade 24/7 with Bitcoin and Altcoins from various exchanges and to set up alerts on your account to keep you updated on how your strategies progress.
Today the more trading tools and tutorials you’re armed with, the better trader you’ll become.
On your way to the top, Cap.Club can be one of those stepping stones.
The platform is made for both, beginners and experienced traders: the first can launch pre-made strategies in two clicks, and the others will be interested in using a variety trading tools to create customised strategies.
Taking other services for comparison, Cap.Club stands out thanks to the visual editor, which allows a trader to create strategies of any complexity and logic, and without having any developing skills!
First time trader or looking for a safe place to test your strategies? Cap.Club got you covered with paper trading and unlimited amount of virtual funds.
Fast order executions will give you an upperhand in trading: less than 0.5 seconds – from the moment the target quote is reached, until the order is placed on the crypto exchange.
Cap.Club platform and its tools are available for free and for an unlimited amount of time. But, if you need advanced functionality (more simultaneously working strategies, API keys and notifications in Telegram), it will cost only $30 per month.
3Commas is a bot launched in September 2017, but since then it has gained quite a lot of popularity among users.
The bot works with popular exchanges such as Bittrex, BitFinex, Binance, BitStamp, KuCoin, Poloniex, Coinbase Pro, Cryptopia, Huobi, and YoBit. It can run on any device 24/7 and you are able to verify the personal trading activity by accessing your trading dashboard on mobile as well as your laptop.
Users are able to set stop-loss and take-profit target, while a social trading function is available to allow you to copy the trading strategies of its most successful trades.
Simple and short bots execute only one trade per time for short and long positions respectively. Composite bots execute multiple crypto pairs at once.
What is a bit strange about 3Commas is that popular trading strategies such as Stepgain and Ping Pong are not included. On the other hand, it uses TradingView analysis which can seem too simplistic for regular traders.
The prices are in the acceptable range, its starter pack costing only $24 per month, the advanced pack- $40 per month, while the pro pack which features unlimited access to all available exchanges costs $82 per month.
Another one of the strongest Bitcoin trading bots is USI TECH, based in Dubai. The platform lets you choose the preferable level of Bitcoin amount you want to start with. Actually, the platform operates with both FOREX and Bitcoin markets.
The software is automated and provides outstanding results. You do not need to calculate by yourself how the market will grow or not. This is USI TECH’s job. The platform gives you highly and professional expertise about Bitcoin market.
The USI TECH provides unique algorithms, viral results, accessibility for everybody due to the simple and intuitive interface and limitless marketing plans for doubling your capital over and over again.
The advantages of choosing USI TECH are:
- Minimal risks and high chances of getting profit;
- The trader has total control on its deposits and withdrawals;
- The team is updating all the time the software to offer the best parameters and strategies for market trading’s networks;
- You will not be charged for trading activities.
The disadvantage is that you will need to introduce 50 EUR to get your first package.
GunBot accommodates both beginner and advanced traders by offering a large selection of settings and specifications. The bot can also be set to run individual strategies which can be customized according to the user’s trading style.
This algorithmic trading bot can be used across a list of popular exchanges inlcuding: Bittrex, Binance, Cryptopia, CEX.io, Cryptopia, Bitfinex, Kraken, Poloniex and Coinbase Pro. Prices range between 0.05 BTC to 0.1 BTC which depends on the features included in the subscription plan.
The bot uses the following strategies: TSSL (trailing stop/stop limit), Bollinger Bands, Stepgain, and Ping Pong.
Users are able to configure the bot via the use of their exchange API for third-party programs and implement any pre-coded trading strategy.
BTC Robot is the first available commercial multi cryptocurrency bot. The BTC Robot analyzes the prices of all Bitcoin’s exchange marketplaces in real time. It is considered to be an automated trading bot that provides high perspectives of profit.
One of the advantages is that your risk is reduced due to the company’s regulation which imposes your money to be sent back in 60 days.
The software has a friendly interface. It provides the information about your bank account, the evolution of Bitcoin cryptocurrency, the real state share and the potential annual return. Also, the platform compares your market strategies and show which one is more efficient.
Developed by HaasOnline in 2014, Haasbot is a program which works with many Bitcoin exchanges including Bitfinex, Poloniex, BTCC, Kraken, Huobi, Gemini and Coinbase Pro. In addition to Bitcoin, it also makes trades in more than 500 altcoins.
This bot is more aimed at professional traders, as it requires some input and configuration before it can execute a trade.
Haasbot can be customized to suit any trading strategies, and it features several technical indicator tools.
You are able to select from 4 types of bots: trade bots, arbitrage bots, order bots, and script bots, but note that script bots require in-depth knowledge of C# programming.
Haasbot comes in three-month, six-month and 12-month subscriptions for all its three plans (advanced, simple and beginner), the most expensive one being priced at 0.32 BTC.
Although Haasbot might be lacking when compared to other trading software that is currently available, the bot does its job with relatively minimal input on the user’s part. The service comes at a decent price which ranges between 0.12 BTC and 0.32 BTC for a period of three months.
The last trading bot we want to recommend you today is Gekko. This is a unique open-source platform that provides automated trading strategies for Bitcoin investments.
The platform lets you watch the real-time market graphs, calculate indicators, operate with orders, calculate the supposed profit and even personalize your strategies after a simulation made with the help of Gekko platform.
Traders tend to trust Gekko’s platform. The software is supported by 18 exchange systems, including Poloniex, Bitfinex, and Bittrex.
These are our top four Best Bitcoin Trading Bots. Which one have you already tried and what is your opinion about it?
Featured image: Cryptonewspoint