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 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.
- 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.
- 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. Trade Santa: Best Crypto Trading Bot
With TradeSanta, you can trade crypto with powerful, terminal, trading signals and bots. It is a powerful, all-in-one platform for crypto trading. Their bots run with pre-set or customizable strategies for both long and short trading. It allows you to place manual orders on multiple exchanges from an all-in-one terminal window. You can download the app to manage and track your trading bots anytime, anywhere. You can create and run automated trading bots on various platforms.You can connect your exchange account with API keys and create your trading robot instantly.
- Spot and future trading: Helps create bots that work both in spot and in futures markets, where you can capitalize on trading with leverage.
- Long and Short position: Allows you to take advantage of both bull and bear markets using long and short bots.
- Risk Management: Helps minimize your risks in unfavourable market conditions using stop loss, trailing stop loss, and stop signals from TradingView.
- Demo crypto trading: Allows you to trade with a demo account and test your trading ideas without putting your funds on the line.
- Trake profit targets: Helps set simple or trailing take profit targets and let the bot track the market to close the deal at the right moment with the maximum potential gain.
- Bot templates: Allows you to launch a trading bot in just 5 minutes using pre-set templates or build your own customized strategy from scratch.
- Basic Plan: Offers up to 49 bots, unlimited number of pairs, all strategies, telegram notifications for $15 per month.
- Advanced Plan: Offers up to 99 bots, unlimited number of pairs, all strategies, telegram notifications, trailing take profit, and trading view signals for $27 per month.
- Maximum Plan: Offers unlimited number of bots, unlimited number of pairs, all strategies, telegram notifications, trailing take profit, binance features, and custom trading view signals for $35 per month.
3. WunderTrading: Free 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.
- 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.
- 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. Botcrypto: Best Crypto Trading Bot
Botcrypto helps you gain an edge on the markets and save time and seize new opportunities with their crypto trading bots. It is an excellent trading service that offers to create and customize trading bot. With more than 20 technical indicators available, you can use it for smart investment with Dollar-Cost Averaging to powerful trading bots.
- Build strategies: Helps create your strategy with their 100% visual editor.
- Instant feedback: Validates strategies with instant backtests on more than 3 years of data nad real-time simulations.
- Automation: Offers constantly active bots to launch tested strategies.
- Strategy: Provides access to dozens of strategies already shared by the community.
- Discover: Offers unlimited strategies, unlimited imported strategies, unlimited simulations in the past, unlimited real time simulations, notifications, 1 incoming webhook, full access to the API for free.
- Bronze: Offers 2 bots, unlimited strategies, unlimited imported strategies, unlimited simulations in the past, unlimited real time simulations, notifications, 2 incoming webhook, full access to the API for Euros 9.99 per month.
- Silver: Offers 5 bots, unlimited strategies, unlimited imported strategies, unlimited simulations in the past, unlimited real time simulations, notifications, 4 incoming webhook, full access to the API for Euros 29.99 per month.
- Gold: Offers 20 bots, unlimited strategies, unlimited imported strategies, unlimited simulations in the past, unlimited real time simulations, notifications, 8 incoming webhook, full access to the API for Euros 59.99 per month.
- Custom: Their experts meet your needs with custom features and no ceiling.
5. Bitsgap: Best 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.
- 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.
- 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.
6. Koinknight: Best Crypto Trading 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.
- 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.
- 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.
7. Shrimpy: Best 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.
- 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.
- 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.
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.