When comparing Zenbot vs Gunbot, the Slant community recommends Gunbot for most people. In the question“What are the best trading bots for cryptocurrency?” Gunbot is ranked 4th while Zenbot is ranked 5th. The most important reason people chose Gunbot is:
With your purchase, you get free customer support.
Ranked in these QuestionsQuestion Ranking
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.
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.
It has no fees because it's experimental (not meant to be run as-is) and geared towards coders.
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.
Pro "Paper" trading mode
It is a mock operation mode that works on a simulated balance with the live market data.
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.
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.
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.
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.
Pro Free Support
With your purchase, you get free customer support.
Pro Locally hosted
It runs on your PC, meaning you get to keep your money making tool even if the developing software company closes.
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
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
Pro Privacy friendly
Does not gather information about trades from users, nor does it gather analytical data.
Pro One time payment
There are no monthly subscription fees, you buy it one time and keep it forever.
Pro Multiple operating systems supported
It runs on Windows, Linux and Mac.
Pro Multiple buy & sell strategies
It supports over 32 different trading strategies.
Pro Free software upgrades
There is no extra charge for major version upgrades.
Pro Many supported exchanges
It supports Bittrex, Poloniex, Binance, Kraken, Bitfinex and Cryptopia exchanges.
Pro Tradingview option
Tradingview is the world's leading technical analysis and charting platform, which this bot can use.
Con It is not updated often
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.
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.
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).
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.
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