The configuration of your trading strategies could be very complex, which may not be very easy to execute when you are doing it manually. The beauty of these AI trading bots is that they can adapt to various market conditions, which may not be possible with manual strategies. The software works tirelessly every second to make a profit from crypto market volatility. Panic selling and greed buying are just some of the ways that turn your profitable trade into a loss. Also, nowadays, there are AI trading bots that could be highly profitable if done right.
Best Crypto Trading Bot
Bitsgap connects with your crypto exchange account using the API method, and your funds stay on your exchange only. Read a detailed review of Bitsgap here. From the pricing perspective, Bitsgap is costlier than 3Commas, and may not be the best for beginners. I do miss seeing a dedicated Bitsgap mobile app which is something all the competition of Bitsgap offers, but overall Bitsgap is a crypto trading bot that you should not ignore.
They have three plans at the time of writing this guide, and you could choose any based on your requirements. You can always upgrade your subscription anytime by contacting the support. What makes Quadency different than all other bots listed here is the pre-defined automated trading strategies and backtesting feature. Quadency is primarily a trading terminal that let you trade on multiple exchanges from a unified platform. Use 20% Haasonline discount Coupon code: Coinsutra20. This feature is something common among all crypto trading bots, as it makes trading easy for us when we are dealing with multiple exchanges. Haasonline doesn’t offer a free trial, but they do have a 2-week discounted trial.
Crypto Trading Analysis
For a beginner trader, these bots are better to use as you don’t have to pay extra for a 3rd party bot, and you do not need to create an API key, which could be a security risk if not done right. Moreover, most of these exchanges allow copy-trading, which is very interesting for beginner crypto traders, as they can find top traders offering their automated trading strategies for almost free.
The interface of Pionex is pretty intuitive. Hassonline is one popular crypto trading bots that work with almost 22 exchanges. My recommendation is to try both, as the number of options on Pionex is quite huge, and once you explore all the available automated bot strategies, you will be amazed with the possibilities of automated trading in the cryptocurrency world. You can use their mobile app or desktop site to access the platform. You can read my detailed review of Pionex here.