Trading bots are everywhere and certainly in the crypto market. AI crypto trading bots are copy the best performing trades, monitor volatility of the marketers, and exercise precise trading in fraction of seconds to ensure you cap the maximum opportunities. Take a look at some of the benefits of AI crypto trading bots before we rush into the list of best AI crypto trading bots.
Benefits of Crypto Trading Bots: 2022
One fundamental reason why you should be using crypto trading bots is because they give you better ROI. Add here are some of the ongoing benefits of crypto bots.
Backtesting: Backtesting analyse the feasibility of an idea by applying trading principles to historical market data. The machine cannot make educated guesses and must be told precisely what to do. Traders may use these precise collections of guidelines to test them on historical data before putting their assets at risk in live trading. Backtesting carefully helps traders to analyse and fine-tune a trading concept, as well as assess the system’s expectancy —that is, the average amount a trader may expect to gain (or lose) per unit of risk.
Speed & Precision: Since crypto trading bots react instantly to the volatile changes in market conditions, the automated systems will produce orders as soon as trade requirements are reached. Getting into or out of a trade a few seconds sooner will make a significant difference in the result of the trade. Additionally, all protective features like stop losses and minimum profit goals are immediately created as soon as a position is reached.
Emotionless Trading: Any decision made by a crypto trading bot is dependent on perception. It, unlike humans, has no fear of losing or hunger for gains. Experienced traders may be able to make rational decisions by suppressing their emotions, but this is not always the case for everyone, especially beginners. A crypto trading bot, on the other hand, still leaves sentiment out of the equation.
Constant Trade: Crypto trading bots do not tire in performing repetitive tasks. Thus, they can assist with 24/7 trading and without losing efficiency over time. They are your money minting machine on auto-pilot.
Copy Trading: Some of the platforms allows you to copy the best perfomning bots from experienced or seasoned traders and thus eliminates the learning curve completely.
7 Best Crypto Trading Bots: 2022
If this article, we have a comprehensive list of 7 best AI crypto trading bots that you can use to trade on major crypto exchanges for a substantial profit.
1. 3Commas: Free Crypto Arbitrage Bot
3Commas can help users grow their crypto investments using feature-rich automated bots that operate on 18+ major exchanges. SmartTrade and Terminal enables you to set your trades in advanced based on triggers you specify. Set the trade, and walk away… 3Commas will handle it. Additionally, you can copy the best performing bots from seasoned traders and skip the learning curve. 3Commas do offer a Free plan to get you started and you can then choose their starter or advanced subscription plans.
Features:
- Rebalancer: Create portfolios with any coin alocation and rebalance your account with a click.
- Dashboard: Add multiple accounts to track your portfolio and check your daily PnL
- Paper trading: Trade without money. Test strategies safely and without any risk.
- Smart Cover: Accrue additional profit with unexpected market moves. Sell and buy back coins.
- Options Bots: A simple set of automated strategies to trade options on an exchange.
- Signals: Subscribe to signals provided by other traders to copy strategies.
Pricing:
- Free Plan: The free plan offers you one grid bot, one options bot, one DCA bot, one active smart trade and unlimited scalper terminal.
- Starter Plan: The starter plan offers you one grid bot, one options bot, one DCA bot, unlimited active smart trade and unlimited scalper terminal along with paper trading. The plan starts at $14.5 per month when billed annually.
- Advanced Plan: The advanced plan offers you one grid bot, one options bot, unlimited DCA bots, unlimited active smart trade and unlimited scalper terminal along with paper trading. The plan starts at $24.5 per month when billed annually.
2. Cryptohopper: Free Crypto Arbitrage Bot
Cryptohopper offers world-class automated crypto trading bot. It is a powerful, AI-powered crypto trading bot to help you save time, trade 24/7, and automate your trading. Cryptohopper works closely together with exchanges and regulators. Your account is protected by industry-leading security protocols.
Features:
- Management of portfolio: Helps connect all your exchanges accounts and manage them trading terminal.
- Trailing: Helps follow the price movement and sell/buy automatically when the price goes in another direction.
- Trading bot: Helps copy other traders easily, or trade automatically with our unique trading A.I.
- Pro Tool: Allows you to use tools like DCA, Market-Making, Arbitrage or our own free of charge charting software.
Pricing:
- Pioneer: Free plan.
- Explorer: Costs $16.58 per month.
- Adventurer: Costs $41.58 per month.
3. Trality: Best Crypto Arbitrage Bot
Trality offers the most comprehensive array of user-friendly tools to help you achieve your trading automation goals. With their easy-to-use UI/UX you can create, backtest and trade like a professional. It allows you to leverage your python skills and code sophisticated bots, or you can even benefit from their automated trading with the intuitive Rule Builder. They allow you to choose from their constantly expanding list of some of the world’s most trusted exchanges.
Features:
- Secure: Uses official exchange APIs, so your funds remain safe on your exchange.
- Cloud-based: Eliminates the need to setup your own trading servers.
- Encrypted: Your trading strategies are end-to-end encrypted.
Pricing:
- Pawn: Comes with a trading volume of Euros 5,000, smallest tick interval of 60m, 1 rented bot, 1 created bot, 1 week log retention, unlimited backtests for free.
- Knight: Comes with a trading volume of Euros 25,000, smallest tick interval of 60m, 1 rented bot, 2 created bots, 1 month log retention, unlimited backtests for Euros 9.99.
- Rook: Comes with a trading volume of Euros 25,0000, smallest tick interval of 5m, 1 rented bot, 5 created bots, 6 month log retention, unlimited backtests for Euros 39.99.
- Queen: Comes with an unlimited trading volume, smallest tick interval of 1m, 1 rented bot, 10 created bots, unlimited month log retention, unlimited backtests for Euros 59.99.
4. Koinknight: Best Crypto Arbitrage Bot
KoinKnight brings you the best trade and arbitrage opportunities with their powerful algorithm and real-time data exploration tools. They also offer an analysis of historical data to help refine your strategy and plan ahead before the original arbitrage occurs. They also have new feature to help you connect your KoinKnight arbitrage strategies with your trading bot and let you do arbitrage automatically.
Features:
- Arbitrage: Exhibits all kinds of arbitrage, some simple, very rewarding all accordion to your comfortabilty in form of direct, triangular, loop and intra-exchange.
- Orderbook: Helps keep track of order books for various exchanges to make a good and quick decision.
- Pumps and Dumps: Lets you know about sudden changes in price changes of coins across exchanges.
- Tickers: Helps continuously and gives timely updates of all the coin prices across exchanges and compares its price at various exchanges.
Pricing:
- Basic Savings: Offers arbitrage, pumps and dumps, ticker, orderbook, live tracking, set alerts, multiple fiat markets for $69.99 for 90 days.
- Advanced Savings: Offers arbitrage, pumps and dumps, ticker, orderbook, live tracking, set alerts, multiple fiat markets, multiple crypto markets, analytics for $119.99 for 90 days.
- Premium Savings: Offers arbitrage, pumps and dumps, ticker, orderbook, live tracking, set alerts, multiple fiat markets, multiple crypto markets, analytics, analytics report and arbitrage data for $159.99 for 90 days.
5. Cornix: Best Crypto Arbitrage Bot
Cornix truly sets the standard for automatic trading. It automates your trading based on telegram groups or their alerts. It offers the leading-edge trading features to minimize risk. Using their advanced suite of trading features including multiple entries, concurrent stop and take-profit orders, and trailing stop to maximize your profits. You have to just connect Cornix to your channels or scripts and their bot will make trades in your account. It is a very simple but powerful platform.
Features:
- Always stay updated: Sends you notifications directly to your mobile, to be on top of your latest trading activities.
- Advanced trading features: Offers multiple entries, take-profits and stop orders while applying complex trailing configurations to your trades in one single trade action.
- Safe and secure: Uses advanced network security architectures.
- Alerts and scripts: Allows you to trade based on custom indicators and strategies while tracking your performance.
- Manages all exhcanges: Connects your favorite exchanges to view and manage your portfolios from one place.
- Optimized trading configuration: Analyzes thousands of signals and configurations based on your channel and suggests the best trading configurations.
Pricing:
- Beginner: Offers manual trading, telegram bot integration, trading notifications, trailing functionality, concurrent stop or take profit orders, customer support, primary API slots for $19.90 per month.
- Advanced: Offers manual trading, telegram bot integration, trading notifications, trailing functionality, concurrent stop or take profit orders, customer support, primary API slots, automatic signals following for $ 26.90 per month.
- Pro: Offers manual trading, telegram bot integration, trading notifications, trailing functionality, concurrent stop or take profit orders, customer support, primary API slots, automatic signals following, mobile app, web interface, trading view integration, optimized channel configurations for $48.90 per month.
6. Bitsgap: Best Crypto Arbitrage Bot
Bitsgap gets you the most powerful trading bots for smart orders to give you an advantage in the fast-changing world of crypto trading. Using it, you can profit from every market move, constantly, with fully automated trading bots. Using it, you can set simple and sophisticated trading bots to make profits autonomously.
Features:
- GRID trading bots: Helps profit from every market move with postponed limit buy and sell order in predefined intervals.
- DCA trading bots: Helps set algorithmic strategy based on smart technical indicators.
- Future trading bots: Uses funds borrowed from an exchange for a recurring fee.
- Ready-made strategies: Offers a range of predefined strategies based on successful results.
- Performance analytics: Helps understand your results with detailed statistics of your bots.
- Security: Used high-end encryption to secure the connection between the platform and your exchange.
Pricing:
- Basic plan: Offers 2 active Grid bots, 10 active DCA bots, and unlimited smart orders for $24 per month.
- Advanced plan: Offers 5 active Grid bots, 10 active DCA bots, futures bots, trailing up for bots and unlimited smart orders for $57 per month.
- Pro plan: Offers 20 active Grid bots, 10 active DCA bots, utures bots, trailing up for bots, take profit for bots and unlimited smart orders for $123 per month.
Roundup
Crypto AI bots continue to monitor trade performance and gives you the best return on investments. These crypto trading bots once integrated with the exchange of your choice can facilitate swift trading and help you increase your crypto investments.