Crypto trading bots are automatic software that assist you in timing your purchases and sales of cryptocurrency. This software’s major objectives are to boost profits while lowering risks and losses.
It has been demonstrated that these bots are effective at assisting traders in placing more profitable deals. But which cryptocurrency trading bot is most suitable for you?
The 5 most sophisticated and successful trading tools currently on the market will be covered in this article.
- CoinRule
CoinRule is a well-known and reliable cryptocurrency trading bot that provides a variety of features and functions. We consider it one of our top suggestions for beginning traders because of how simple it is to use. Even the most unskilled users will find the bot’s UI to be incredibly user-friendly and simple to use.
Cost: Free, $29, $59, or $449 per month
Highlights
· User-friendly interface: As was already said, CoinRule features a very user-friendly interface that even beginners will find simple to use.
· Free account option: This bot also has the advantage of providing a free account so you can test it out before deciding to purchase it.
· Trade automatically with CoinRule, which works with any trading platform and lets you fully automate your trading approach. Additionally, CoinRule has a wealth of resources that can help you develop automatic trading plans and advance your trading abilities.
- BitsGap
In terms of a variety of features and tools, BitsGap is the best trading bot. For those seeking a complete answer to their cryptocurrency trading demands, this bot is ideal.
The fact that BitsGap provides a wide range of features, including as leverage trading, stop-loss orders, and more, is what makes it so well-liked. Additionally, you can use this bot on any significant bitcoin exchanges, which is highly practical. In addition, BitsGap provides a smart trading terminal that enables you to do transactions within the app.
Cost: Free trial, $29, $69, and $149 per month
Highlights
· Numerous features: BitsGap provides a number of features that both novice and seasoned cryptocurrency traders can use.
· Can be used on several exchanges: This bot’s ability to be utilized on different exchanges is yet another fantastic feature. For individuals who want to utilize the bot on many exchanges, this is highly practical.
· Extremely safe: BitsGap is a very safe bot, which is crucial for people wishing to trade bitcoins.
- TrustSignals
Trustsignals is an automated trading bot, AI-powered, which allows users to define and automate one or more trading strategies with a bunch of clicks. It has been created in 2020 to manage several large investor crypto portfolios and later optimized for any crypto trader.
The platform has been designed to help both experienced and new traders automate their portfolios with base and advanced settings allowing them to define personalized strategies with related risk levels, take profit, stop loss and trailing.
Cost: Free trial, $99, and $299 per month
Highlights
· The simplicity of Trustsignals setting and interface is one of the key factors contributing to its popularity. Even inexperienced traders will have no trouble using this bot thanks to its incredibly user-friendly UI.
· Trustsignals has a large number of functions that can be tailored to your needs, your strategies and the market conditions
· Constantly evolving: Trustsignals developers are always coming up with new features and enhancements to keep the bot on the cutting edge.
· Trustsignals excellent customer support: You can rely on someone being available to assist you if you ever have issues or queries.
- 3Commas
You should look into 3Commas’ products if you’re looking for a crypto trading bot platform with lots of features. Even the most seasoned traders will likely find this trading bot to be appealing because it offers a variety of game-changing capabilities.
This bot’s ability to let you create both long-term and short-term trading strategies is one of its strongest features. Therefore, this bot may meet your needs whether you want to swiftly cash out or stay onto your investments for the long term. Additionally, there are many other fantastic characteristics that traders adore to see in bots, such as portfolio tracking and automated trading techniques.
Free, $29, $49, or $99 per month
Highlights
· This bot enables you to set up both long-term and short-term trading strategies, giving you the freedom to select how you want to approach the market.
· Portfolio tracking is another fantastic function of this bot, allowing you to always keep track of your investments.
· Automated trading approach: For traders who are short on time, this bot also provides automated trades, which is a tremendous time saver.
- Shrimpy
If you want a simple platform, Shrimpy is a wonderful cryptocurrency bot. This bot provides a wide range of capabilities, such as automatic trades, portfolio tracking, and more.
Shrimpy’s excellent usability is one of its best features. You should have no trouble using this cryptocurrency trading bot even if you’ve never used one before. Additionally, Shrimpy provides a free trial so that you may test out the bot before deciding if it is appropriate for you.
Price: $19, $79, $299 per month
Highlights
· A wide range of capabilities are available, including portfolio management, automated trades, and more, with this bot.
· Free trial is offered: This bot also has the nice feature of providing a free trial so you can test it out before deciding if it’s good for you.
· Amazing ratings: It’s usually a positive sign when a bot has earned amazing evaluations from its consumers.
CONCLUSION
After a 2-week real test on these bots, despite being all high quality bots, we can suggest 2 in particular, which, based on different parameters, that also include trading performance, have proven themselves superior: CoinRule and Trustsignals.
Although both bots are complete, easy to use and reliable, the flexibility of Trustsignals allowed us to profit substantially more by entering and maximize the available opportunities.
Daily magazine for entrepreneurs and business owners