11 Best Crypto Trading Bots: The Ultimate Guide [2024]
In the fast-paced world of cryptocurrency trading, staying ahead of the competition is crucial. With the rise of automation, crypto trading bots have become indispensable tools for crypto traders seeking to maximize their profits and efficiency.
Broadly speaking, crypto trading bots are automated software programs that execute cryptocurrency trading strategies on behalf of users. They are designed to analyze market conditions, monitor price movements, and place trades based on predefined rules and algorithms.
In this article, we will examine the eight best crypto trading bots available in the market today. Before we dive into the details, let’s quickly list the best crypto bots for automated trading.
ArbitrageScanner is one of the best arbitrage scanners in the market, combining robust automated trading features with support for over 15 exchanges and 20 blockchains. In addition, new ArbitrageScanner users can get up to a 66% discount.
Here are the best crypto trading bots for trading digital assets:
ArbitrageScanner – The best crypto trading bot overall
Coinrule – A streamlined crypto bot trading platform
Pionex.US – US-based crypto exchange focused on trading bots
3Commas – Crypto trading bot platform with a native app marketplace
Binance Strategy Trading – Automate your training with the world’s largest crypto exchange
Cryptohopper – The best crypto trading bot overall
KuCoin Trading Bot – Free crypto trading bots
Pionex – Crypto exchange with robust trading bot features
HaasOnline – All-in-one solution for automated crypto trading
Bitsgap – Crypto trading bots with algorithmic orders
TradeSanta – Automated and copy trading platform
The 10 best crypto trading bots: Examining the top tools for automated crypto trading
In the following sections, we will examine the best cryptocurrency trading bots, both as a part of existing crypto exchange platforms and as standalone trading platforms. It is worth noting that crypto trading bots and arbitrage scanners go hand in hand. For more information about the best crypto arbitrage scanners, check the video above.
1. ArbitrageScanner – The best crypto trading bot overall
ArbitageScanner is a robust platform that allows you to monitor all kinds of market data in real-time. You can set up currency pairs and choose which exchanges and networks to monitor, and ArbitrageScanner will notify you when your conditions are met and trading opportunities arise.
What’s even more impressive, the platform has an inbuilt Telegram and Reddit screener bots, which means that you can set custom queries, and the bot will automatically notify you when these queries appear. In other words, you can gauge the social sentiment of other investors and market participants to inform your trades.
While ArbitrageScanner excels at what it does – which is essentially monitoring markets and whale activity – it cannot execute trading orders on your behalf. For this kind of automation, you’ll have to look into other trading bot platforms.
Key features:
Monitors arbitrage opportunities and other market movements
Can screen for user-defined queries on Telegram and Reddit to gauge social sentiment
Powerful wallet analytics tools allow users to copy the strategies of successful traders
AI tool that can find wallets of successful traders automatically
Can't execute trading orders on the user's behalf
Starting Price
$69/month
Free Trial
Yes, 1 day
Mobile Apps
Works through Telegram and web app
Supported Exchanges
Binance, KuCoin, Coinbase, Kraken, BitMEX, Crypto.com, OKX, etc.
Visit ArbitrageScanner
2. Coinrule – A streamlined crypto bot trading platform
Coinrule is a trading platform that aims to make the use of crypto trading bots easy. As a part of its offering, Coinrule enables investors to create automated trading rules that run around the clock. Not only that but the rules governing bots can also be tested without risking real money by using the demo feature. Coinrule prides itself on being very accessible, allowing users who have no experience with coding to deploy their own trading bots in minutes easily.
Coinrule allows users to purchase various trading bots on its native marketplace, allowing you to buy tailor-made bots for various scenarios, like “Buying the Dip”, “RSI MA with Trailing Stop”, and more. The platform supports most of the largest crypto exchanges in the industry, including Binance, Coinbase, Kucoin, and Kraken.
Key features:
Build your own bot trading bots in a few clicks
Buy premade bots on the marketplace
Streamlined triggers that can be executed based on the simple IFTTT model
Beginner-friendly crypto trading software
Integrated profit calculator
Starting Price
$29.99/month
Free Trial
Yes
Mobile Apps
Android
Supported Exchanges
Binance, KuCoin, Coinbase, Kraken, BitMEX, Crypto.com, OKX, etc.
Visit Coinrule
3. Pionex.US – US-based crypto exchange focused on trading bots
Pionex.US is a United States-based cryptocurrency trading platform that features a variety of crypto trading bots users can choose from. Pionex offers a diverse selection of cryptocurrencies for trading, ranging from crypto market leaders such as Bitcoin and Ethereum to smaller altcoins.
Users can access an impressive range of trading bots on Pionex.US depending on their trading style and preferences. Here are a few examples:
Grid Trading Bot: A 24/7 grid trading bot configured to buy low and sell high
DCA Bot: A bot that automatically reinvests and compounds profits
Rebalancing Bot: A bot that automatically rebalances to track an index created by the user
Trailing Sell: A bot designed to help users avoid selling too early in a bull market
Trailing buy: A bot designed to buy dips in the market, allowing users to purchase crypto at more favorable prices
There’s also plenty of other trading bots to choose from on Pionex.US, and the exchange has done a good job of providing bots for beginners and advanced crypto traders alike. Of course, users can also trade manually on Pionex if an automated trading strategy doesn’t suit their needs.
A relatively new feature introduced to the Pionex platform is PionexGPT, which allows users to create trading bots with the help of artificial intelligence. Users can backtest the strategies they create via PionexGPT on TradingView too get an idea of how they perform in different market environments.
In terms of trading fees, Pionex charges a 0.1% fee on all trades. Fees for USD deposits and withdrawals vary based on the payment method, while fees for cryptocurrency deposits and withdrawal vary based on the cryptocurrency that’s being used. For more information, consult the Pionex.US official fee schedule.
Key features:
A diverse range of trading bots suited for all types of trading
Solid selection of listed cryptocurrencies
USD deposit options (ACH, debit card, wire transfer)
Offers manual trading in addition to trading bots
Starting Price
Free
Free Trial
n/a
Mobile Apps
iOS, Android
Supported Exchanges
Pionex.US
Visit Pionex.US
4. 3Commas – Crypto trading bot platform with a native app marketplace
3Commas is one of the better crypto bot trading platforms, enabling investors to leverage a variety of tools to manage their portfolios, make more efficient trades, and implement advanced trading strategies using automated trading bots. The two core features of the 3Commas platform are SmartTrade and Terminal, which allow you to set up trade parameters and various price movement scenarios, and the bots handle the rest.
A powerful feature of 3Commas is the ability to integrate real-time trading signals to inform how your crypto bot executes predetermined trading strategies. In a similar vein, traders can also use existing trading bots from other profitable investors on the platform to copy their trading bots. 3Commas also offers portfolio management features, which allow you to keep track of your investments across different exchanges in one place.
Key features:
Smart trading terminals with advanced user-specified triggers
DCA, Grid, Options, and Futures trading bots
Connects with crypto exchange using APIs
Existing trading strategies allow you to make profitable trades regardless of market conditions
An educational portal with helpful videos and articles
Native marketplace featuring user-deployed trading apps
Starting Price
€22/month
Free Trial
Yes, Forever
Mobile Apps
Android and iOS
Supported Exchanges
Binance, KuCoin, Coinbase, Kraken, Huobi, Bybit, Crypto.com, OKX, etc.
Visit 3Commas
5. Binance Strategy Trading – Automate your training with the world’s largest crypto exchange
Strategy Trading is an automated trading platform that allows Binance users to find and execute successful trading strategies from other traders. There are a number of different automated tools available on Binance, including Spot Grid, Futures Grid, Rebalancing Bot, Spot DCA, Futures TWAP, and Spot TWAP. In addition, there is a bot marketplace available where bots can be filtered by their ROI, type, and runtime. At the time of writing, there are over 60,000 active strategies with a total value of more than $100 million.
With Spot Grid, users can buy and sell digital assets with preset ranges. Meanwhile, Futures Grid allows you to trade cryptocurrency derivatives with an advanced version of Grid Trading, which lets you analyze market data thoroughly and make informed investment decisions. It is worth noting that the holders of Binance's native BNB token benefit from lower trading fees and other promotions. For more information, check our guide on how to use the advanced features of the Strategy Trading platform.
Key features:
Leverage liquidity of the world’s largest crypto exchange
Spot trading and futures trading bots
Auto Invest and DCA orders
Extensive bot marketplace
Leaderboard rewards for top traders
One of the most advanced grid bots in the industry
Starting Price
Free
Free Trial
/
Mobile Apps
Android and iOS
Supported Exchanges
Binance
Visit Binance
6. Cryptohopper – The best crypto trading bot overall
Cryptohopper is one of the most powerful crypto trading platforms in the industry. It offers a wide selection of crypto trading products and services, and is designed for beginners and experienced traders alike. Cryptohopper helps traders improve efficiency and profitability by automating various trading processes and can be used with numerous trading exchanges, including Binance, KuCoin, Coinbase, Kraken, and more.
In addition to automatic trading bots, Cryptohopper hosts a social trading platform, where users can exchange investment ideas and strategies, a copy trading bot, which allows you to copy trades of successful traders, as well as the dollar cost average (DCA) and trailing orders. Before your trading bot is deployed, you can test it using paper trading and put it through rigorous testing thanks to the backtesting capabilities. Last but not least, you can let your bot learn and execute trades by itself, thanks to AI.
Key features:
Advanced automatic trading bots
Bots can learn by themselves using AI
Paper trading and backtesting capabilities
Copy trading tools and social trading options
DCA and trailing orders
Leaderboards and prizes for top traders
Starting Price
$29.99/month
Free Trial
Yes
Mobile Apps
Android
Supported Exchanges
Binance, KuCoin, Coinbase, Kraken, BitMEX, Crypto.com, OKX, etc.
Visit Cryptohopper
7. KuCoin Trading Bot – Free crypto trading bots
KuCoin Trading Bot is a platform that allows users to automate their cryptocurrency trading strategies on KuCoin, one of the best crypto exchanges overall. There are a variety of trading tools available to KuCoin users – spot traders will be happy to find Spot Grid, Martingale, Smart Rebalance, Infinity Grid, and DCA options, whereas futures traders can use the Futures Grid.
KuCoin runs special Trading Bot promotion that rewards the most successful traders based on their Annual Percentage Rate (APR). To start using bots on KuCoin, you only need to register a new KuCoin account, select a trading strategy, and start investing funds. It is worth noting that the holders of KCS, KuCoin's native digital asset, benefit from discounted trading fees and other promotions.
Key features:
Use automated trading software on one of the leading crypto exchanges
Futures Grid and Spot Grid
Alliaviate market volatility with gradual buying and selling with Martingale
Automate your DCA investments for the long term
Leaderboard rewards for top traders
Starting Price
Free
Free Trial
/
Mobile Apps
Android and iOS
Supported Exchanges
KuCoin
Visit KuCoin
8. Pionex – Crypto exchange with robust trading bot features
Pionex is a digital asset trading platform that is focused on providing various automated tools to its users. The platform offers a dedicated spot trading bot and a futures trading bot. Not only that, Pionex offers a unique and innovative solution known as PionexGPT, which mirrors the popular ChatGPT interface and can generate trading strategies out of text prompts.
Other bots include the DCA Bot, which is especially helpful for beginners, and the Rebalancing Bot, which allows traders to create their own index and set trading parameters. In addition, there is a variety of other trading bots available on Pionex, including the leverage and and margin GRID bots, which pits Pionex against some of the best crypto margin exchanges in the industry.
Key features:
Spot and Futures trading bots
PionexGPT allows you to generate trading strategies using text prompts
Stop-loss, take profit, and trail orders all within a single trade
Premade bots for sideways, bullish, and bearish conditions
Backtest bot parameters on TradingView
Starting Price
Free
Free Trial
/
Mobile Apps
Android and iOS
Supported Exchanges
Pionex
Visit Pionex
9. HaasOnline – All-in-one solution for automated crypto trading
HaasOnline is an automated cryptocurrency trading platform that provides a comprehensive package of products for deploying and managing automated trading strategies. Thanks to the HaasOnline cloud infrastructure, users can access the platform from anywhere and don't need to install any software.
On HaasOnline, users can evaluate their trading strategies through backtesting or use the platform's paper trading feature to see how a strategy would pan out in real-time.
The HaasOnline platform also features HaasScript, which is a visual programming solution that allows users to create automated trading scripts. HaasScript can be used to create custom technical indicators or trading bots that automatically trade crypto based on specified parameters.
The most basic HaasOnline plan starts at $7.50 a month, which is a very accessible price and definitely a viable option for those who are just getting started with automated trading. Meanwhile, the platform also has a tier with more features, which will be suitable for more advanced traders - Standard ($40.83 / month) and Pro ($82.50 / month).
Key Features:
Cloud-based platform, no software installation needed
Backtesting and paper trading features
Plans are available at an accessible price
HaasScript can be used to create custom indicators and bots
Starting Price
$7.50
Free Trial
3 days
Mobile Apps
No
Supported Exchanges
Binance, Bitfinex, Bybit, Crypto.com, Kraken, 20+ others
Visit HaasOnline
10. Bitsgap – Crypto trading bots with algorithmic orders
Bitsgap allows you to set up back-tested GRID and DCA trading strategies or create your own automated strategies with custom triggers. Bitsgap allows you to execute trade orders using algorithmic trading, which enables you to control your risk/reward ratio, Stop Loss, Take Profit, Trailing Take Profit, and other order parameters.
To start using Bitsgap, you only need an API key from your exchange. That allows you to create robust trading orders that can be executed on Binance, KuCoin, Coinbase, and other supported exchanges. Bitsgap offers a 7-day trial to new users, which can be used to test out the platform’s features and get familiar with various trading order options.
Key features:
Connect your exchange account with Bitsgap with an API key
Smart trading strategies with algorithmic orders
Trading terminal with robust analytics features
Control the risk/reward ratio of your automated orders
Can be connected to the most popular exchanges
Starting Price
$20/month
Free Trial
Yes, 7-day
Mobile Apps
Web App
Supported Exchanges
Binance, KuCoin, Coinbase, Kraken, Huobi, Bybit, Crypto.com, OKX, etc.
Visit Bitsgap
11. TradeSanta – Automated and copy trading platform
TradeSanta is a platform that allows users to create and deploy trading bots in the crypto spot and futures markets. The platform is catering to advanced traders and beginners alike, as launching a trading bot is a very straightforward process thanks to pre-made templates. Meanwhile, advanced users can access deeper customization options. If you don't want to use your own trading bots, you can use TradeSanta to follow more experienced traders thanks to the copy trading feature.
You can use TradeSanta to trade crypto across various exchanges, including the likes Binance, Bybit, Kraken, OKX and Huobi. Users can access all of their exchange accounts from the TradeSanta interface for added convenience.
A great aspect of TradeSanta is that it offers a mobile app, which is something many automated crypto trading platforms don't have.
Key features:
Supports the leading cryptocurrency exchanges
Create bots from presets or customize them
Demo trading
Copy trading
Mobile app for iOS and Android
Starting Price
$18 / month
Free Trial
Yes
Mobile Apps
Yes
Supported Exchanges
Binance, Bybit, Kraken, OKX, Huobi and others
Visit TradeSanta
Crypto Trading Bots FAQs
How profitable are crypto trading bots?
The profitability of crypto trading bots can vary significantly based on several factors, including market volatility, bot strategy, configuration, platform performance, risk management, backtesting, and optimization. While some traders have reported success using trading bots, it's important to note that trading in the cryptocurrency market is inherently risky and unpredictable. That goes both for trading with a bot and without one.
Are crypto trading bots legal?
In most countries, there are no specific laws or regulations that directly address the use of trading bots for cryptocurrencies. As a rule of thumb, if trading crypto in your jurisdiction is legal, so is the use of a crypto trading bot. It's important to comply with any applicable regulations related to licensing, registration, or authorization required to engage in cryptocurrency trading activities. You can write an email to the platform that offers trading bots and check what is the legal status of your particular jurisdiction.
How to make a crypto trading bot?
Creating a crypto trading bot with platforms like Cryptohopper, 3Commas, and Binance Strategy Trading is very simple and requires just a couple of clicks. In order to create your own crypto trading bot, you need to determine the specific trading strategy you want your bot to follow, incorporate risk management techniques, and test your trading bot using historical market data to evaluate its performance (also known as “backtesting”).
The bottom line: Trading bots have become an indispensable tool in a crypto trader's arsenal
If you are getting serious about cryptocurrency trading, especially high-frequency crypto day trading, then trading bots are the right choice for you. While they require an initial investment of time to learn the ins and outs of different features, they can more than make the investment worthwhile over time.
If you are interested in expanding your arbitrage trading beyond the confines of cryptocurrencies, check out our selection of the best algorithmic trading platforms.
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