This is another platform that really stands out for its streamlined UI and strong tutorial section. Shrimpy has a great community as well as social trading features built in. They offer a wealth of features including backtesting, social trading, and portfolio rebalancing. Shrimpy has also partnered up with CoinLedger to offer a simple solution for tax reporting to its users. You can tap into the community through Reddit, Telegram, or Discord to learn more about how other users are leveraging the tool and making profits.

If you’re concerned with protecting your privacy, this is a great option. Make sure you are comfortable setting up this bot yourself. Generate your tax reports with the click of a button. You should have experience and comfortability with code and installing your own program. The prices range from $9.99 to 0.04 BTC to download. You can purchase Gunbot for a one-time payment which includes unlimited updates and support. Before you get started with your automated trading strategy, you should make sure you have a plan for tax reporting. If you are a beginner, you can start out with their preset strategies. Cryptocurrency tax software like CoinLedger is built to automate all of your crypto tax reporting so you don’t have to do any manual work. Simply connect your exchanges. Otherwise, you can customize your own. This can be difficult to do by hand if you have a number of trades across various exchanges. Cryptocurrency is treated as property by government agencies like the IRS, which means you need to report your capital gains and capital losses from each of your cryptocurrency trades on your yearly tax return.

Coinrule does not have any tax reporting partnerships as some of the other options on this list.

Based in the UK, Coinrule’s focus is making trade strategy design as accessible as possible. You can develop these strategies within the Rule Page section using IFFTT logic (If-This-Then-That) In this way the Rule Page interface really simplifies the process of setting Conditions and Actions for your trades, with no coding background necessary. Coinrule does not have any tax reporting partnerships as some of the other options on this list. In the spirit of the name Coinrule, trade orders are referred to as Rules. With beautiful UI and an expansive tutorial section written with simple terminology, this platform was designed with beginners in mind.

Allows traders to navigate changing market conditions. Pionex provides 16 free trading bots for retail investors. Currently Phemex grid trading bot supports futures contracts with spot contracts coming soon. Pionex is also a certified CoinLedger partner, and Pionex user’s can leverage CoinLedger for streamlined tax reporting. The trading fee is the lowest compared to most of the major exchanges. Pionex is one of the world’s first exchanges with 16 Free built-in trading bots. Users can automate their trading 24/7 without constantly checking the markets. Pionex aggregates liquidity across Binance and Huobi Global and is one of the biggest Binance brokers.