What are the best trading bots for cryptocurrency?

Question

DevelopmentBusinessSoftwareTradingAutomationCryptocurrencyInvesting

What are the best trading bots for cryptocurrency?

21

Options
Considered

93

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Recs.

Jan 4, 2024

Last
Updated

17 Options Considered

Best trading bots for cryptocurrency	Price	Documentation	Back-testing
-- Zenbot	FREE	-	-
-- Cryptohopper	$19.99-$99.99	-	-
-- Trality	Free	https://docs.trality.com	+
-- Zignaly	free	-	-
-- Superalgos	FREE	In app	Yes

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Zignaly

3Commas

Shrimpy

Bitsgap

Kryll.io

Margin

Coinrule

Quadency

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score 8 · Answer 1

Zenbot

Top Pro

API keys do NOT need deposit/withdrawal permissions

API keys are the "keys" to access your trading exchange account with a 3rd party app. If an app has withdrawal permissions, it can theoretically steal your crypto. This bot does not need such permissions to work, thus it can lose money if not configured properly, but it can't steal your money. See More

Top Con

It is not updated often

Top Pro

Open Source

Anyone can edit and tweak its trading algorithms and fine-tune them to their liking. You can even edit its code and fork your own product. See More

Top Con

It is not for beginners

There is some coding required. If you don't know how to code or use a command line program, this bot is not for you. See More

Top Pro

FREE

It has no fees because it's experimental (not meant to be run as-is) and geared towards coders. See More

Top Pro

Configurable sell stops, buy stops, and trailing profit stops

Stops are automated orders to protect your capital (by selling or buying) if the market behaves unexpectedly. They let you leave with most of your capital if things don't go your way. Trailing profit stops protect your capital against market crashes while at the same time "letting the ball roll". They get activated by sudden drops of price, and their activation levels rise automatically with the price of the asset. See More

Top Pro

"Paper" trading mode

It is a mock operation mode that works on a simulated balance with the live market data. See More

Top Pro

Simulator for backtesting strategies

Backtesting is basically running a set of rules on past market data and seeing how the bot would have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future. See More

Top Pro

Fully automated "technical analysis" based trading approach

Technical analysis is about interpreting the chart action in a way that allows a trader to single out statistically "high profit-low risk" trades. Technical analysis based trading bots do not open trades based on a static matrix, instead they have some adaptability to changing market conditions. See More

Top Pro

Support for multiple assets and exchanges

They fully support some of the most common exchanges: GDAX, Poloniex, Kraken, Bittrex, Quadriga, Gemini, Bitfinex, CEX.IO and Bitstamp. There are also plans to add more exchanges to the supported list. See More

Top Pro

HFT Capable

High-Frequency Trading is essentially the type of trading that commercial software trading platforms do. In layman terms, it is characterized by complicated algorithms working automatically to daytrade at super fast speed, a lot faster than the human brain can analyze. See More

See All

score 5 · Answer 2

Cryptohopper

Top Pro

Strategy marketplace

Once you've tweaked your trading strategy to the max, you can lend your best template settings and technical strategies to other users, for profit. See More

Top Con

Not locally hosted

If the software company ever decides to shut down, you will still have your funds because they are in your exchange account, but you will be left without your money making tool. See More

First National Equites - Backup's Experience

First National Equities Limited (FNEL) is a leading online stock trading and brokerage firm in Pakistan We bring you the most authentic data and latest updates of PSX. <a href="https://www.fnetrade.com/">pakistan stock exchange live index</a> <a href="https://www.fnetrade.com/">pakistan stock exchange news</a> <a href="https://www.fnetrade.com/">stock exchange brokerage</a> <a href="https://www.fnetrade.com/">stock broker</a> <a href="https://www.fnetrade.com/">trading</a> <a href="https://www.fnetrade.com/">Pakistan share market</a> See More

Top Pro

API keys do not need deposit/withdrawal permissions

API keys are the "keys" to access your trading exchange account with a 3rd party app. If an app has withdrawal permissions, it can theoretically steal your crypto. This bot does not need such permissions to work, thus it can lose money if not configured properly, but it can't steal your money. See More

Top Con

Not free

Unlike some other bots out there, this costs a monthly subscription. See More

Top Pro

Pricing is in US dollars

The majority of paid bots cover their fees in BTC, meaning that when BTC goes up, you may end up paying well over $1000 per month in fees. This bot, however, charges its subscription plans in US Dollars, meaning you will always pay the same no matter the price of bitcoin. See More

Top Con

Not open source

You can't tweak its core code. See More

Top Pro

Custom strategies

You can add your custom strategies and tweak them to your liking. See More

Top Pro

No updates required

It runs on the developer's cloud 24/7, so there are no updates required. See More

Top Pro

Free "Paper" trading mode

It is a mock operation mode that works on a simulated balance with the live market data to check if a specific strategy works for you. This bot lets you do this for free before you decide to upgrade to a paid subscription. See More

Top Pro

Mirror trading

You can do "mirror trading", meaning you can subscribe to templates and bot settings made up by experts to maximize profits. This can potentially give you an edge even if you know very little about trading. See More

Top Pro

It supports shorting

Shorting is leveraged trading to earn big profits in a bear market. Use this setting with caution as it's VERY risky. As risky as taking a loan in crypto for trading. See More

Top Pro

Technical analysis capable

Technical analysis is a type of chart analysis meant to statistically identify "low risk, high profit" trades. The bot can be configured to use several technical indicators, meaning that it can adapt to changing market conditions using the rules of your choosing. It has several volatility indicators (such as Bollinger bands), trend indicators (such as MACD, SMA, EMA, KAMA), and volume and momentum oscillators (such as Stoch-RSI, RSI, etc.) See More

Top Pro

It supports backtesting

Backtesting is basically running a set of rules on past market data and see how would the bot have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future. See More

Top Pro

It supports trailing stops

Trailing stops are automated sell orders that protect your capital in the event of a market crash to give you peace of mind. They are trailing because they get automatically raised as the price of an asset grows. See More

See All

score 10 · Answer 3

Trality

Top Pro

Backtesting

Backtesting tool stocks vast volume of historical data. Works pretty fast. See More

Top Con

Only 4 exchanges supported

Currently, the platform supports Binance, Kraken, Bitpanda, Coinbase Pro. I wish there were more. See More

PersistentXiwangmu's Experience

I was looking for a way to automate my crypto trading strategy and this software is really amazing, easy to use and cheap. See More

Specs

Documentation:https://docs.trality.com

Back-testing:+

Price:Free

Security:No withdrawal rights, end-to-end encryption

See All Specs

Top Pro

Copy Trading

Trality Bot Marketplace has a bunch of profitable trading bots created by algorithmic trading experts and the bots are available for renting at sensible price. See More

Top Con

Still in Beta

Geralt's Experience

It is really convenient, as I design and trade with my bots in one interface. See More

Top Pro

Rule builder

Graphical UI to set up bots quickly. See More

Top Con

No futures trading yet

Margin trading is available though. See More

Caprice's Experience

I'm really happy I've found Trality, as it helps me a lot to practice in crypto trading. The platform has easy drag n drop tool to design trading strategies. Plus back-testing, plus paper trading. So I have enough space for experiments, yet staying on the safe side. Moreover, it is free. See More

Top Pro

Free

All tools are available for free, since the project is in public Beta. See More

RealisticAchilles's Experience

Great for Python devs who know what they are doing with trading algos! Marketplace to rent out Python bots to broad public is on roadmap. See More

Top Pro

In-browser Python editor

Easy-to-use Python API. Ready with important libraries, debugger, auto-complete and much more. See More

Top Pro

Cloud-based

No need for local installation. Allows 24/7 trading. See More

Top Pro

Documentation

Real good documentation about Python API. See More

See All

score 12 · Answer 4

Superalgos

Top Pro

Totally free and open source

Superalgos states that it is totally free, and it is, and will always be. See More

Carl Josefsson's Experience

This suits my way of configuring a bot... I do not have any developer background, and my coding skills are very limited (had some HTML and CSS - some 20 years ago). I decided to give Superalgos a bit of time, to let things sink in. At first the system felt vast (and it is), but once you got the hang of it, you also understand that it is built for being able to manually configure all things needed for trading - even though you could run simple strategies on it. My experience is that this is the kind of bot I have been looking for and it suits my kind of build in comparison to other options I've tried (due to that I felt that I always came to a point where I was limited to what was built in to that particular option...). See More

Specs

Documentation:In app

Back-testing:Yes

License:Open Source

Supported languages:Translations are contributed by the community and language support grows day by day

See All Specs

Top Pro

Community based development

The community itself are the ones who develops this bot - so anyone who is able to develop can push things forward. See More

aliraqims's Experience

its look interesting All things are interconnected inside it But when i learn'd the interface it looks beautiful and nice See More

Top Pro

Visual UI and visual charts/debugging

You are able to actually see charts and have results visualized. See More

ResoluteChalchiuhtotolin's Experience

This is a vast system with an unlimited array of trading possibilities. This is set to be the biggest game changer in social trading since the explosion of bitcoin. See More

Top Pro

Earning Tokens while contributing to the Project

The project just launched their first "Alpha" version, but is still in active development. All contributions count and by contributing you can take part in the monthly SA Token Distribution, and it seems there is a lot of new features coming. See More

Top Pro

Your keys are your own

As you have your bot on your own device, you are the one in charge of everything and do not have to rely on any third party. See More

Top Pro

Efficient

See All

score 4 · Answer 5

Gunbot

Top Pro

Free Support

With your purchase, you get free customer support. See More

Top Con

Purchase fee is based on bitcoin's price

If the price of bitcoin goes up too much, you may end up paying thousands of dollars for a license. See More

Top Pro

Locally hosted

It runs on your PC, meaning you get to keep your money making tool even if the developing software company closes. See More

Top Con

Server recommended product

Since the bot needs to operate 24/7 with stability, and it will use a lot more resources after a few days running (it also tends to eat more RAM), it is recommended that you run a VPS (or get a separate computer to run it reliably). See More

Top Pro

Sell "USED" License

If at some point for any reason you need to sell your license, you can do so in a second-hand license market, or you just sell your Gunthy Coins and keep your license in case you want to use it again just add the tokens back See More

Top Con

Each module costs more money

If you want backtesting, its 0.025 extra BTC, and if you want Telegram Trading Insights (Telegram messages to monitor your bot trades), its 0.015 extra BTC. See More

Top Pro

Automatic Upgrades and Add-on

Just by adding Gunthy Tokens to your wallet, your License will be automatically upgraded based on the Gunthy Token System, you can go from Standard to Ultimate with bitRage and Market Maker by just buying Gunthy token and keep it in your Gunthy Wallet, your rank will not change unless you sell the coins, so you will keep your upgraded version for as long as you keep your coins See More

Top Con

Not Expensive

Cheap or Expensive depends on how you look at it but I can say you will get what you paid for... Anyhow these are the Official Gunbot Prices Updated: Gunbot Promo Starter ₿ 0.02 Gunbot Promo Standard ₿ 0.05 Gunbot Promo Pro ₿ 0.075 Gunbot Promo Ultimate ₿ 0.125 See More

Top Pro

Privacy friendly

Does not gather information about trades from users, nor does it gather analytical data. See More

Top Pro

One time payment

There are no monthly subscription fees, you buy it one time and keep it forever. See More

Top Pro

Multiple operating systems supported

It runs on Windows, Linux and Mac. See More

Top Pro

Multiple buy & sell strategies

It supports over 32 different trading strategies. See More

Top Pro

Free software upgrades

There is no extra charge for major version upgrades. See More

Top Pro

Many supported exchanges

It supports Bittrex, Poloniex, Binance, Kraken, Bitfinex and Cryptopia exchanges. See More

Top Pro

Tradingview option

Tradingview is the world's leading technical analysis and charting platform, which this bot can use. See More

See All

score 3 · Answer 6

Bittrex bots

score 2 · Answer 7

TradeSanta

score 2 · Answer 8

HaasBot

Top Pro

It can use technical indicators

Technical indicators are statistical analysis tools that help traders find "low risk-high reward" trade setups. You can program the bots to use several technical indicators, including RSI, MACD, Fib retracements, etc. See More

Top Con

Not beginner friendly

Even their "beginner" plan is oriented towards intermediate traders who know what they are doing. See More

Top Pro

It supports all major exchanges

They also keep adding new ones regularly. See More

Top Con

Expensive

It is really expensive for beginners, since the cheapest plan is 0.12 BTC (which as of 04/JAN/2019 is $455.48, and that will only get more expensive if bitcoin goes up). See More

Top Pro

No hidden fees

There are no extra fees for the number of orders placed, and they don't take a percentage of your profits. See More

Top Con

It is not a bot, but a trading bot platform

This is a trading bot platform (to load bots onto it), not a bot by itself, and if the software company developing those bots decides to close, you are left without your money making tools. See More

Top Pro

It has software safeties and insurances functions in place

You can use proprietary automated safeties and insurances to protect your capital. See More

Top Pro

Advanced notifications and reporting

It can send messages to your Telegram to notify you of profits, losses, and keep you updated on market data. See More

Top Pro

It supports backtesting

Backtesting is basically running a set of rules on past market data and see how would the bot have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future. See More

Top Pro

Most popular bot

It is the most popular and trusted bot, with thousands of users and several reviews. See More

See All

score 1 · Answer 9

Cryptotrader

Top Pro

API keys do not need deposit/withdrawal permissions

API keys are the "keys" to access your trading exchange account with a 3rd party app. If an app has withdrawal permissions, it can theoretically steal your crypto. This bot does not need such permissions to work, thus it can lose money if not configured properly, but it can't steal your money. See More

Top Con

Not beginner friendly

It requires some coding skills to tweak the strategy of your selected bot to your needs. It is not a turn-key solution. See More

Top Pro

It alerts you to trades no matter where you are

It can send instant email alerts and SMS notifications to you so that you can be on top of things even when you are far away from your computer. See More

Top Con

It is not a bot but a platform to run bots on

With cryptotrader you are actually renting a cloud service for hosting bots, and then you need to rent the bot you are going to use, which can add up to your cost. See More

Top Pro

It supports backtesting

Backtesting is basically running a set of rules on past market data and see how would the bot have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future. See More

Top Con

Expensive

The plan that allows access to all the functions and instruments an intermediate trader would use is pricey, at 0.0111 BTC ($42.17 in 04/JAN/2019), and it would be even pricier if BTC goes up. See More

Top Pro

Strategy marketplace

Once you've tweaked your trading strategy to the max, you can lend your best template settings and technical strategies to other users, for profit. See More

Top Con

Monthly fees based on bitcoin pricing

If the price of bitcoin goes up too much, you may end up paying thousands of dollars for your subscription. See More

Top Pro

All major crypto exchanges are supported

You will have a hard time finding an exchange that is not supported for backtesting or live trading. See More

See All

17 Options Considered

My Recommendation for Zenbot

My Recommendation for Zenbot

API keys do NOT need deposit/withdrawal permissions

It is not updated often

Open Source

It is not for beginners

FREE

Configurable sell stops, buy stops, and trailing profit stops

"Paper" trading mode

Simulator for backtesting strategies

Fully automated "technical analysis" based trading approach

Support for multiple assets and exchanges

HFT Capable

My Recommendation for Cryptohopper

My Recommendation for Cryptohopper

Strategy marketplace

Not locally hosted

API keys do not need deposit/withdrawal permissions

Not free

Pricing is in US dollars

Not open source

Custom strategies

No updates required

Free "Paper" trading mode

Mirror trading

It supports shorting

Technical analysis capable

It supports backtesting

It supports trailing stops

My Recommendation for Trality

My Recommendation for Trality

Backtesting

Only 4 exchanges supported

Copy Trading

Still in Beta

Rule builder

No futures trading yet

Free

In-browser Python editor

Cloud-based

Documentation

My Recommendation for Zignaly

My Recommendation for Zignaly

My Recommendation for Superalgos

My Recommendation for Superalgos

Totally free and open source

Community based development

Visual UI and visual charts/debugging

Earning Tokens while contributing to the Project

Your keys are your own

Efficient

My Recommendation for 3Commas

My Recommendation for 3Commas

My Recommendation for Gunbot

My Recommendation for Gunbot

Free Support

Purchase fee is based on bitcoin's price

Locally hosted

Server recommended product

Sell "USED" License

Each module costs more money

Automatic Upgrades and Add-on

Not Expensive

Privacy friendly

One time payment

Multiple operating systems supported

Multiple buy & sell strategies

Free software upgrades

Many supported exchanges

Tradingview option

My Recommendation for Bittrex bots

My Recommendation for Bittrex bots

My Recommendation for TradeSanta

My Recommendation for TradeSanta

My Recommendation for HaasBot

My Recommendation for HaasBot

It can use technical indicators

Not beginner friendly

It supports all major exchanges