BEST Crypto Trading Bots for 2018
Crypto trading isn’t easy and it's no wonder why investors are flocking to find the best crypto trading bot on the market. Unlike the stock market, the cryptocurrency market never closes, which can be highly stressful for traders, especially if you don't have time to study charts and graphs all day.
If you're new to the game, a crypto trading bot is computer program and trading system that allows investors to monitor and execute their trades automatically. The only thing you need to do is set specific criteria for trading. For example, If the price of an altcoin goes below a certain price then the trading bot will automatically buy it and when the price rises back up to a certain price the bot will automatically sell it to make a profit. Of course this is just a simple example, but the trading bot can handle way more complex formulas and criteria. The trading bot uses sophisticated technical indicators and algorithms to help you identify market entry and exit points and market trends.
One of the biggest advantages of using a crypto trading bot is that it allows you to trade 24/7 and removes the emotion out of trading since all trades are completed automatically. Many investors lose lots of money in this volatile market because they get too emotional and consequently make bad trades. A great crypto trading bot is a must have if you want to make large profits and passive income from the crypto market.
Haasbot fully automates your bitcoin trading on all the major exchanges while using their advanced trading patterns and algorithmic HaasBots.
Haasbot Exchanges Supported: Binance, Poloniex, Kraken, Bittrex, GDAX, Gemini, Bitfinex, and Bitstamp.
- Automated Trading
- Real-time Backtesting
- Advanced Notifications and Reporting
- Pre-built bot types for easy trading
- Indicators, Safeties and Insurances
- Great Support
- Expensive Fees
- Server Recommended
Gunbot is one of the best Binance trading bots available.
Gunbot Exchanges Supported: Binance, Poloniex, Kraken, Bittrex, GDAX, Cex.io Bitfinex and Cryptopia.
- Onetime payment – Lifetime License
- Works on Windows / Linux / Mac
- Great Community and Support
- Multiple Buy & Sell Strategies
- More than 40,000 Active GunBot Traders
- Trading Strategies can be expensive
- Server recommended
Cryptotrader is an algorithmic trading platform for Bitcoin and other cryptocurrencies. Our goal is to provide traders with cloud-based automated trading solutions powered by cutting-edge technology.
Cryptotrader Exchanges Supported: Binance, Poloniex, Kraken, Bittrex, GDAX, Coinbase Bitfinex, Cryptopia, Kucoin and Huobi.
- Automated Trading Bots in Scalable Cloud
- No Software Installation
- Support for all Major Bitcoin Exchanges
- Multiple Strategies
- Backtesting Trading Strategies
- Instant Email Alerts and SMS Notifications
- Monthly fees based on the Bitcoin Market Price
Cryptohopper Exchanges Supported: Binance, Poloniex, Kraken, Bittrex, GDAX (Coming soon: Bitfinex, Cryptopia and Kucoin)
- Offers 30 Day Free Trial
- Easy to use
- Web-based trading
- External Signals
- Intuitive Design
- Multiple Strategies
- Multiple Coins
- Some Strategies Charge Fees
Profit Trailer Exchanges Supported: Binance, Poloniex, Bittrex
- Monitoring of balances, profit and bot settings
- DCA Log (Dollar Cost Averaging Log)
- Multiple Buy & Sell Trading Strategies
- Works on Windows, MacOS and Linux. The GUI can be used on all devices connected to internet.
- Limited to trading on 3 exchanges (Binance, Poloniex and Bittrex) This isn’t much of a negative in my opinion because these are all great exchanges and trade most major altcoins)