Trading bots are everywhere and certainly in the crypto market. Automated crypto trading bots copy the best-performing trades, monitor the volatility of the marketers, and exercise precise trading in a fraction of seconds to ensure you cap the maximum opportunities. Take a look at some of the benefits of automated crypto trading bots before we rush into the list of best crypto trading bots.
Benefits of Automated Crypto Trading Bots: 2022
One fundamental reason why you should be using crypto trading bots is that they give you better ROI. Added here are some of the ongoing benefits of crypto bots.
- Backtesting: Backtesting analyses 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 of performing repetitive tasks. Thus, they can assist with 24/7 trading without losing efficiency over time. They are your money minting machine on auto-pilot.
- Copy Trading: Some of the platforms allow you to copy the best performing bots from experienced or seasoned traders and thus eliminate the learning curve completely.
The 7 Best Automated Crypto Trading Bots: 2022
If this article, we have a comprehensive list of the 7 best automated crypto trading bots that you can use to trade on major crypto exchanges for a substantial profit.
1. 3Commas: Automated Crypto Trading Bot for Free
3Commas can help users grow their crypto investments using feature-rich automated bots that operate on 18+ major exchanges. SmartTrade and Terminal enable you to set your trades in advance 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 does 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 allocation 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 an 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: The Best Automated 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.
Features:
- Spot and futures 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.
- Track 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.
Pricing:
- Basic Plan: Offers up to 49 bots, an unlimited number of pairs, all strategies, and 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 an 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. Haasbot: The Best Automated Crypto Trading Bot
Haasbot offers excellent crypto trading bots to automate proven trading strategies. They provide a few ways to automate trades. They have highly configurable trade bots, and pre-built trading bots, developed using HaasScript. It offers complete privacy, with no trade fees, no volume restrictions and quick deployment. It offers a highly flexible crypto trading bot with configurable technical indicators, chart settings, and more.
Features:
- Backtestable Strategies: Allows you to refine your trading bots using historical data.
- Simulated Paper Trading: Helps safely test trade logic in real-time without risking your capital.
- Minimal Configuration: Offers bots with historically proven trading strategies and lets them trade around your schedule.
- Leverage Automation: Helps minimize mistakes by leveraging automation to complete tasks.
- Developer Ready: Offers custom trade bots, which can be developed with HaasScript or C#.
- Pre-built crypto trading bots: Offers custom bots are loaded with historically-proven strategies.
Pricing:
- Beginner: Offers 10 active trading bots, backtesting and paper trading, access to 11 Insurances, access to 10 safeties, access to 20+ indicators, restricted core features, unlimited trades and no fees, no visual editor or HaasScript, 22 exchanges, upgrades TradeServer Cloud, no developer license, chat and ticket support, $100 VPS Credit for 0.004 Bitcoin.
- Simple: Offers 20 active trading bots, backtesting and paper trading, access to 13 Insurances, access to 20 safeties, access to 40+ indicators, restricted core features, unlimited trades and no fees, visual editor with HaasScript, 22 exchanges, upgrades TradeServer Cloud, no developer license, chat and ticket support, $100 VPS Credit for 0.006 Bitcoin.
- Advanced: Offers unlimited trading bots, backtesting and paper trading, unrestricted Insurances, unlimited safeties, unlimited indicators, unrestricted core features, unlimited trades and no fees, no visual editor or HaasScript, all exchanges, upgrades TradeServer Cloud, developer license, chat and ticket support, $100 VPS Credit for 0.009 Bitcoin.
4. Quadency: The Free Automated Crypto Trading Bot
Quadency is the one-stop trading platform for investors of all levels that allows you to trade crypto with just a few clicks to connect to their pro tools like bots and trading automation. It allows you to manage your digital asset portfolio, place trades faster than ever, and customize professional strategies to automate your investing.
Features:
- Unified Experience Upgrade: Helps trade on all top tier exchanges from one, fast and intuitive interface featuring various order types for every trader.
- Premium Bot Powers: Offers sophisticated trading made simple, choose from pre-built popular strategies, customize, and go live in minutes.
- Boosted Portfolio Analytics: Helps monitor all of your assets from exchanges and even offline wallets to track your performance over time.
- More Valuable Charts: Helps go beyond market cap rankings with integrated market screener and charts coupled with high-quality streaming data.
- Functional Asset Research: Helps skip the noise of social media and ad-blanketed news sites with market insights from respected industry insiders.
Pricing: The Free Quadency plan offers 20 Live bots, 200 backtests, unlimited connected exchanges, and constant live support. The only fees that you will incur are the standard transaction fees charged by your exchange.
5. Kucoin: Free Automated Crypto Trading Bot
KuCoin offers a free-to-use trading bot software that you can use to automate your crypto trading. It has allowed countless users to earn a stable income using the trading bot at absolutely no cost. It is extremely simple to set up, runs on autopilot and is absolutely free and simple to use.
Features:
- Spot Grid: Kills volatility by selling high and buying low.
- Futures Grid: Helps make long or short to profit from market trends.
- Smart Rebalance: Offers an investment portfolio that spreads risks in the long term.
- DCA: Helps make a profit from regular investment.
- Infinity Grid: Is a bullish volatility killer.
Pricing: The KuCoin trading bot is free to use for any registered user. They charge transaction fees per trade like any other form of trading on other markets.
6. Botcrypto: The Best Automated 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.
Features:
- 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 and real-time simulations.
- Automation: Offers constantly active bots to launch tested strategies.
- Strategy: Provides access to dozens of strategies already shared by the community.
Pricing:
- Discover: Offers unlimited strategies, unlimited imported strategies, unlimited simulations in the past, unlimited real-time simulations, notifications, 1 incoming webhook, and 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, and 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, and 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, and full access to the API for Euros 59.99 per month.
- Custom: Their experts meet your needs with custom features and no ceiling.
7. Bitsgap: The Best Automated 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, futures 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 give 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.