Best Crypto Trading Bots for 2023
In the past, years of experience and extensive market research were needed to become a skilled crypto trader or get a decent income. Trading cryptocurrency is complicated due to numerous factors. Even skilled traders must battle to generate gains.
However, now that crypto trading bots are accessible, anyone with no technical knowledge may use them for trading any asset. Trading bots are used to automate deals in crypto trading, which has become the newest market trend. While some bots are better suited for new market participants, others are intelligently built to be employed by seasoned traders. With this in mind, we have overviewed the best crypto trading bots for 2023.
#1 — 3Commas
3Commas is a fantastic trading bot for generating revenue while reducing losses and risks. The 3Commas solution enables you to earn quickly and build a strategy based on 20+ trading indicators.
Features:
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Single and multi-pair bots are available;
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The solution allows you to trade 24 hours a day, seven days a week;
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Other bots’ settings can be copied;
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It assists you in keeping your portfolio balanced by maintaining coin ratios;
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Bitcoin margin trading services provide deal alerts via mobile applications, websites, and emails;
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Backtesting, dollar-cost averaging, Custom TradingView signals, and other features are all available.
#2 — Pionex
Pionex was one of the world’s first exchanges, giving 12 free trading bots. Users can automate their trading so they are not constantly checking the market. It is a principal Binance broker that aggregates liquidity from Binance and Huobi Global.
Features:
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For retail investors, Pionex offers sixteen free bots;
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The fee is the lowest when compared to the bulk of the significant exchanges;
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The maker and taker each pay a 0.05% charge;
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Grid Trading Bot allows users to buy low and sell high within a specified price range;
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The Spot-Futures Arbitrage bot assists individual investors in earning passive income with minimal risk. This strategy’s expected return is 1550% APR;
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Smart Transaction terminal allows traders to establish stop-loss, take-profit, and trailing stops in a single trade;
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MSB (Money Services Business) License granted by US FinCEN
#3 — Cryptohopper
Cryptohopper is one of the best-automated bots for keeping track of all your crypto exchange accounts in one place. It enables trading BTC, LTC, ETH, and other cryptocurrencies.
Features:
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With this bitcoin trading robot, you may create your technical analysis;
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Tactics and bot templates are simple to get;
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Cryptohopper safeguards your account with secure mechanisms;
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This free BTC bot protects your information;
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It has an easy-to-use UI;
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The program generates performance reports in real-time;
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Algorithms support EMA, RSI, BB, and other standard signals/indicators;
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Advanced strategy creator with over thirty indicators and over ninety candle patterns.
#4 — HaasOnline.com
HaasOnline is a well-established and well-known crypto bot website. Over 37 exchanges are available for automated trading with HaasOnline. Create a bot tactic with just one mouse click, or build your bot line by line.
Features:
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Bot automation allows traders to duplicate virtually any trading strategy;
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You may design your technical analysis with this BTC robot;
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This free BTC trading bot protects your data and codes;
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Monitor your bots and market alterations with bespoke dashboards;
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The program generates performance reports in real-time;
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Includes HaasScript, a programming language designed specifically for trade bots by HaasOnline.
#5 — Bitsgap
Bitsgap is one of the greatest BTC bots for conveniently managing your crypto holdings. This tool can evaluate over 10,000 crypto pairs and choose coins with the most potential. With a few mouse clicks, you may construct your bot strategy.
Features:
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A chart allows you to view your trade simply;
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Bitsgap is a completely automated bot that operates around the clock;
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You may experiment with different settings before investing;
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It is accessible without downloading;
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For security reasons, your money is stored on the exchange balance;
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This BTC trading program allows you to boost your profits;
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For rapid cryptocurrency study, use 100+ technical indicators and 12 chart formats.
#6 — Trality
Trality is a platform for anyone who wants to earn from algorithmic cryptocurrency trading without abandoning their day job. They provide cutting-edge tools for constructing complex, highly innovative algorithms inside an educational, community-driven atmosphere that promotes trader learning and growth.
Features:
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Curated, pre-planned strategies;
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Experts can easily rent out bots;
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Graphical UI with drag-and-drop functionality (for beginners);
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The python code editor in the browser (for advanced traders who know Python);
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Cloud-based live trading with lightning-fast backtesting;
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Your algorithms operate consistently and never miss a deal;
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Over 100+ technical indicators may be used with Boolean Logic.
Wrapping up
Investors may use crypto trading bots to automate buying and selling based on complex technical indicators. Even during bear markets, when profits are at their lowest, these unique technologies compete to produce the best percentage of profitable deals. It’s no wonder they’ve become the preferred cryptocurrency trading solutions for novice and experienced traders.