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 AI 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 AI 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 AI Crypto Trading 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 AI Crypto Trading 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. WunderTrading: Free AI Crypto Trading Bot
WunderTrading helps you automate any TradingView scripts into the fully functioning automated crypto trading bot. With their easy to use automated crypto trading software, you can construct and adjust any crypto bot in a matter of seconds. You can set the crypto bot on any of the best exchanges and any pair trading paid connected to WunderTrading.
Features:
- Smart Trading: Offers a flexible way of creating orders for smart trading: adding and editing Take Profit, Stop Loss and Trailing stops to any order.
- Spread trading: Aows you to select which assets you would like to use for creating a spread.
- DCA bot: Aallows you to lower the market volatility and improve your overall position entry price.
- Crypto Portfolio Tracker: Offers an easy, safe and precise cryptocurrency portfolio tracking tool.
- Multiple Account Management: Allows you to easily manage multiple crypto exchange accounts, either manually through the trading terminal or automatically through bots.
Pricing:
- Free plan: Offers 5 open positions, 2 active bots, 1 API per exchange, trading terminal, spot trading, futures trading, simultaneous take profit and stop loss for free.
- Basic: Offers 15 open positions, 5 active bots, 2 API per exchange, trailing spot ,multiple take profit and DCA trading terminal for $9.95 per month.
- Pro: Offers 100 open positions, 15 active bots, 5 API per exchange, fixed amount, spread trading terminal, swing trade for $24.95 per month.
- Premium: Offers unlimited open positions, unlimited active bots, unlimited API per exchange, fixed amount, spread trading terminal, swing trade for $44.95 per month.
4. Bitsgap: Best AI Crypto Trading 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.
5. Shrimpy: Best AI Crypto Trading Bot
With Shrimpy, you can link all your exchanges and wallets to easily manage your assets. It helps you trade with ease, track performance, and analyze the market. It helps you study trading strategies with their advanced portfolio backtesting and offers market data to create accurate strategy profiles in the market. Using it, you can copy strategies from the world’s best traders or imitate the portfolios of investment funds.
Features:
- Dashboard: Helps visualize your entire portfolio and track performance in real-time with our powerful dashboarding tools.
- Automation: Helps optimize your portfolio by automating strategies that have been trusted by institutions for decades to reduce risk and improve performance.
- Trading: Helps quickly swap assets in and out of your portfolio with ease through our smart trading terminal.
- History: View the history of changes you have made to your portfolio.
Pricing:
- Starter: Offers spot trading, 15 min balance refresh, 3 portfolios per exchange account, connect 5 exchange accounts, portfolio tracking for $19 per month.
- Professional: Offers spot trading, 5 min balance refresh, 5 portfolios per exchange account, connect 10 exchange accounts, portfolio tracking API access for $79 per month.
- Enterprise: Offers spot trading, priority support, 1 min balance refresh, 10 portfolios per exchange account, connect 25 exchange accounts, API access for $299 per month.
6. Hodlbot: Best AI Crypto Trading Bot
HodlBot offers a customizable cryptocurrency trading bot which helps users index the market, create custom portfolios, and automatically rebalance theri cryptocurrency portfolios. With Hodlbot, every user gets access to institutional portfolio management software. It is free to try for the first week and their paid subscription starts at just $3 a month. It truly simplifies your trading experience and makes it possible to manage your portfolio without interfacing directly with exchanges.
Features:
- Advanced market metrics: Offers advanced metrics to construct dynamic portfolios.
- Automatic rebalancing: Rebalances your portfolio automatically to keep it on track to save your time.
- Customized: Highly customizable and provides 24/7 support.
- Automation: Automated the required trades.
- Management: Helps create and manage your portfolios.
Pricing:
- HodlBot offers pricing that is tiered based on your portfolio size to keep their service affordable to those with smaller account sizes.
- For Account value under $500, they charge $3 a month.
- For Account valued between $500-$1000, they charge $6 a month.
- For Account valued over $1000, they charge $14 a month.
7. Crypto Hero: Best AI Crypto Trading Bot
The most awarded and extremely powerful crypto trading bot, Crypto Hero automates your trades around the clock to make sure that you do not miss any opportunity. You can create your own bot within moments and manage it anytime, anywhere. CryptoHero does not share your trading data with any crypto exchange without your permission. It offers various kinds of crypto trading bots and is absolutely free to use, and has enabled thousands of traders to take profit from the market.
Features:
- Bot trial: Offers a paper exchange that allows you to experiment with your strategies in a risk free manner.
- Earn by leasing bots: Offers a “For Trader-By Trader” marketplace that allows you to lease their bots to others.
- Trading Terminal: Allows you to efficiently switch among your exchange accounts and trade from each of them conveniently.
- Intelligent data: Offers users access to projects’ data such as total supply, market cap, address information and so on
Pricing:
- Basic: Offers 1 active bot, risk-free paper trade, unlimited connected exchanges, unlimited trading limit, unlimited positions, no sharing of trading data to exchanges for free.
- Premium: Offers 15 active bots, accessto all bots, Simple, Advanced, DCA and more, risk-free paper trade, unlimited connected exchanges, unlimited trading limit, unlimited positions, no sharing of trading data to exchanges for $13.99 per month.
- Professional: Offers 30 active bots, access to all bots Simple, Advanced, DCA and more, 5 minute trading frequency, custom backtest period, risk-free paper trade, unlimited connected exchanges, unlimited trading limit, unlimited positions, no sharing of trading data to exchanges for $29.99 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.