How to Choose the Right Crypto Trading Bot?

Crypto Trading Bot

Crypto trading is gaining more and more popularity these days. People buy or sell cryptocurrencies on special websites, Telegram channels, or using bots. For example, you can see a list of the best crypto bots here: Using crypto bots provides a lot of opportunities for traders. First, you don’t need to look for information on the market changes yourself. The bots work using the most modern market data.

The Best Crypto Trading Bots

If you choose a reliable bot, it will do the operations as a trading platform. So, what are the best trading bots today?

1. Cryptohopper

Cryptohopper is one of the most popular and profitable bots for the crypto trade. It supports a wide range of crypto exchanges. For example, they include KuCoin, Bittrex, Coinbase, Binance, and many others. The bot offers more than 100 cryptocurrencies you can use. It also provides arbitrage trading and social trading. If you are not sure about it, there is a demo version to try.

2. Wunderbit

Wunderbit Bot is one of the best bots for automated trading. An advantage of the bot is that it offers an opportunity to have several accounts. The bot also has its own crypto exchange where you can trade without any fees. The other supported exchanges include Binance, ByBit, KuCoin, Bittrex, and others.

3. Cornix

This crypto trading bot has three main features. First, it allows completely automated crypto trading. This means that you don’t need to do any analysis yourself. You can use the bot on Telegram and include trailing stops.

4. 3Commas

3Commas bot also supports trailing stops and allows automated trading. You can also create your trading portfolio using the bot. Another option is to track the results of your trade and the bot as a whole. You can use 3Commas on such exchanges as Binance, FTX, Bittrex, KuCoin, and many others.

5. Profittrailer

This bot is mainly limited in features. It allows its users to use trailing stops and monitor their progress. The Profittrailer bot is mainly designed to track technical indicators. It supports such exchanges as Binance, Bittrex, and KuCoin. Some other available exchanges are Huobi and Poloniex.

6. Haasbot

This bot also allows automated trading and tracking of technical results. Haasbot is mainly designed for professional traders who can correct the code. Here, you have an opportunity to change the open-source code and test performance. It also supports all the most popular exchanges and many others.

7. Shrimpy 

Shrimpy is another reliable crypto trading bot. It is supported on several exchanges like Binance, Bittrex, Coinbase, and KuCoin. There are also less known exchanges where you can use it. The bot provides trailing stops and an opportunity to create a portfolio.

8. Coinigy

This trading bot is limited in features. It allows the users to use trailing stops and track their technical progress. The third feature here is creating your trader portfolio. A great advantage of the bot is that it is available on about 34 exchanges.