Crypto trade bots are becoming increasingly popular in the cryptocurrency world because they provide a way to automate trading. More and more people are turning to trade bots because they make trading accessible to more people than ever before. These tools will help you make money, since the market is still relatively young and traders have yet to discover what works and what doesn’t.
What Makes a Crypto Trade Bot?
The crypto market is still young, which means that traders have yet to figure out what works and what doesn’t. This is great news for you, because it means that the chances of you discovering something new are high. Trade bots can help you to make money or lose a lot if your bot is not configured correctly. That’s why you should hire a professional who can help you set it up correctly.
How a Crypto Trade Bot Works?
There are two ways that a trade bot works: You can use it manually or through a computer program. If you choose to use it manually, all you have to do is set up your bot correctly and start trading.
If you are using a program to trade your crypto, then you will have more control over what the bot does. Some people like this option because trading through a program allows them to do more things with their bot than if they were doing it manually.
You have plenty of options when it comes to trade bots, so choose carefully before deciding on one for yourself.
9 Best Crypto Trade Bots
- Fapturbo
- Pionex
- 3Commas
- CryptoHopper
- eToro
- HaasOnline
- BitsGap
- NAGA
- CoinRule
Fapturbo
The ultimate automated crypto trading bot! With a track record of over a decade, the Fapturbo team has been making millionaires for years.
Fapturbo is the only trading bot that I personally recommend and use. Many of the ad copy surrounding trade bots is extremely questionable. However, with Fapturbo gives you access to live trading accounts with years of trading records.
The Faptubo robot takes several trades in ideal market conditions. The goal of the bot is to make several small gains daily. You cannot go wrong with Fapturbo.
Pionex
Pionex is a crypto trading bot designed to save you money. It’s a very user-friendly and straightforward trading platform that is available for any level of trader. Pionex allows you to trade on exchanges and automate trades using pre-set rules which will stop execution on bad trades. The fee charged by this bot can be as little as 0.02% per trade, which is cheaper than most other bots available today, so it’s perfect for anyone with a small portfolio who doesn’t need more than one or two trades per day. The Pionex team have also created an easy-to-follow tutorial so it can be mastered quickly by even the newest traders in the space!
3Commas
3Commas is a cryptocurrency bot that provides assistance with the trading of cryptocurrencies. The members in the chatroom will provide detailed information and live support to the users. Each member of 3Commas has been highly trained on software and finance. Users may configure the bot to suit their needs through the integration of indicators and strategies.
CryptoHopper
Cryptohopper is a crypto trading bot that’s easy to set up and offers a variety of features. It provides the necessary tools and information on how to use those tools. Cryptohapper is not just a bot, but it also offers risk management advice, and makes trading fun. It is currently trading on Binance, one of the biggest altcoin exchanges.
Cryptohopper also offers a free plan, has a very simple and intuitive user interface and it’s possible to get started right away.
eToro
Etoro is a forex and crypto-currency trading platform. The Etoro Bot has been in operation since 2007 and is a registered company in Cyprus. It allows anyone to trade online with real people who are in-on the action as well.
Etoro charges a fee of 1% per trade which includes financing costs, market maker spreads, etc. So if you are doing 10 trades that make up one transaction, then you would pay an exchange rate of 0.1% (1/10). If you want to withdraw your funds from Etoro to your credit card or bank account they charge fees on those transactions as well but they are not included in the 1%.
HaasOnline
HaasOnline is a crypto trading bot with a focus on the Asian market. It’s not meant for novice traders and is instead designed to be used by experienced traders to get the best out of their investments. HaasOnline offers four different trading modes which include Classic, Aggressive, Conservative and Swing mode.
The company offers free trades for the first month, after which users are charged $9 USD per month for each active license. They also offer a trial so that you can test it before buying it in order to make sure that this is what you need to be doing in your trading endeavors!
BitsGap
The BitsGap crypto trading bot offers advice and strategy on how to trade cryptocurrency. It is not a fully fledged trading bot because it does not provide automated functions. The experts on the team have helped design the website and will reply to emails quickly if you have any questions about the platform. The developers of BitsGap also provide instructions for beginners on how to use their trading platform and make trades so it is a good option for those who want someone else to do all the decisions! The company supports both Android, Windows, MacOS and Linux operating systems with Chrome or Firefox browsers.
NAGA
NAGA is a trading bot that will allow you to trade in cryptocurrencies. It offers high-quality financial analysis for trading opportunities, and will allow you to invest in the right currencies at the right time. You can trade different currencies, as well as shares, with NAGA’s platform.
CoinRule
Some of the features that CoinRule offers is a free bot trade for the first 3 months, strategy tools with tips on how to use them, trade execution bots for different currencies. You’ll also be able to submit your price and have your position automatically filled by the system. Another feature that you may find helpful is the available 24/7 customer service operators who will talk you through all of your questions about this cryptocurrency trading bot.
Conclusion
If you don’t know where to start, or if you don’t have the programming skills to develop your own trading bot then there are plenty of ways in which you can trade cryptocurrency. The above are just a few solutions that you can use and follow their guide, or watch their tutorials on YouTube. Cryptocurrencies were created with a different purpose and aim in mind; they were created to allow people from all over the world to be able to exchange one currency for another without having to deal with banks or other financial institutions.
