Best Bitcoin trading bots to use in 2021

[Bitcasino.io 462]

 

Hello everybody 👋

 

The world of crypto trading never stops. Unlike traditional stock exchanges, there are no closing times for cryptocurrency exchanges. This means day traders can miss out on important events that happen in the industry while they are asleep. Considering that cryptocurrency prices change every second, the 24/7 trading hours can cost traders a lot of their assets.

 

That’s why trading bots are created—to help traders execute orders automatically and reduce the risk of asset loss. Traders won’t need to be in front of numerous screens to monitor different markets 24 hours a day to make sure they’re generating profits. Trading bots can place market orders round the clock, analyse data and provide aggregated information to traders so they can improve their performance.

 

Numerous Bitcoin trading bots are now available in the industry that it can be hard to know which ones are worth using. Browse through our curated list below to find out which are the best trading bots in 2021.

 

Pionex

 

The best thing about Pionex is it’s an exchange site with built-in 12 trading bots that you can use for free. Depending on your preferred trading method, you can choose from its most popular bots including Grid Trading Bot where you just need to set the range to buy low and sell high, Infinity Grid Bot where there’s no upper limit for selling and Leveraged Grid Bot where you can trade with a 3x leverage. 

 

With Pionex’s user-friendly interface, traders who are unfamiliar with trading bots can get used to it in no time. Additionally, you can expect fast performance with any of Pionex’s Bitcoin trading bots since they aggregate the liquidity from renowned exchanges Binance and Huobi Global.

 

Bitsgap

 

Bitsgap is an all-in-one trading platform with a bot that utilizes an algorithm called ‘GRID’ that distributes investments proportionally according to the trading range set by the user. It constantly monitors the market and whenever a buy order is completed, the algorithm automatically places a sell order at a higher price. Once that sell order is processed, a new buy order replaces it and so on. The bot doesn’t stop trading until the price goes beyond the predefined trading range. You can use Bitsgap for free with its 14-day free trial and try your hand with its tools without risking money. 

 

Trality

 

Perfect for developers and professional traders, Trality allows users to create an algorithm that works best for them. With all the tools provided through Trality’s in-browser Code Editor, traders can write their professional-level algorithms according to their trading strategy using Python. 

 

However, Trality isn’t only exclusive to professional traders and developers. With its Rule Builder feature, traders with zero coding experience can build their own algorithm from scratch. It uses a basic drag and drops user interface to make it easy to use. Once your bot is ready, it can start making trades on Binance, Coinbase Pro and Kraken.

 

Mudrex

 

Instead of letting you build your own trading bots, Mudrex lets you choose from a curated list of bots created by professional traders. All you have to do is choose from the marketplace and buy the one that works best for your trading strategy. 

 

Before buying a bot, you’ll be able to see its past performance so you know whether it's effective or not. The best thing is you don’t have to know a thing about software development to understand how the bot works. As long as you’re knowledgeable in crypto trading, you’re good to go. 

 

Coinrule

 

There’s no better Bitcoin trading bot for beginners than Coinrule. If you understand the ‘if-this-then-that’ framework, then you’re all set to build the trading system that fits your preferences. All you have to do is select your technical indicators from the 150 pre-set rules included in the template library and mix and match them to create the perfect trading system for you. 

 

Once you’re done building, you can test it without the risk of losing funds through Coinrule’s Demo exchange. Find out if your trading bot works properly and once it does, you can run it for real and let it execute trades on Binance.

 

3Commas 

 

Out of the numerous trading bots that have been released in recent years, 3Commas stands out as the one most used by professional traders. Its complex interface might intimidate a neophyte but its superb services will make any trader’s life easier. 

 

Its most outstanding feature includes the ability to backtest strategies and compare them with the portfolio of other traders. This way, you can learn from other traders and incorporate their strategies into your own trading system. 3Commas conducts trades on the biggest exchanges today namely Binance, KuCoin and Bittrex.

 

Shrimpy

 

Shrimpy is another Bitcoin trading bot popular among the HODLer community. However, compared to other bots, Shrimpy is more suited for long-term investments instead of day trading. Its best service includes portfolio rebalancing where users can automate their portfolio so it’s balanced to a predefined ratio. You can also see other traders on the site and copy their successful trades. Shrimpy supports more than 10 exchanges including Kraken and Binance.

 

CryptoTrader

 

Same with crypto marketplaces such as LocalBitcoins, CryptoTrader lets people buy and sell trading bot strategies. If you’re an experienced trader, you can create and sell your own trading bot here and even gain profit from it. 

 

On the other hand, novice traders can take advantage of the knowledge of professionals in the industry by purchasing tried-and-tested strategies. CryptoTrader executes orders on Coinbase and Bitstamp so it can process instantaneous trades all at once.

 

Cryptohopper

 

Another Bitcoin bot trading that offers trading templates for sale is Cryptohopper. Similar to CryptoTrader, you can also find trading strategies created by professional traders on Cryptohopper’s marketplace. You don’t need coding skills to experience the convenience of trading bots using this site.

 

Additionally, it utilizes trading signals to direct you to traders with similar strategies to you so you can follow and learn from their trading activities. Cryptohopper integrates with numerous exchange sites such as OKEx, KuCoin, Bittrex and Binance to conduct your trades daily.

 

ZenBot

 

An open-source trading platform, ZenBot allows traders to modify their own Bitcoin trading bots and create one for themselves. However, ZenBot doesn’t have a user interface so it’s almost exclusive to traders who can understand and write code. The great thing about it is it can handle high-frequency trading and you can create a diverse range of strategies aside from Bitcoin trading bots.

 

Trading can be a tiresome job that takes up a lot of time and energy. Take a break from the grind and let your trading bot do the job for you.

 

You are welcome to share your thoughts.

 

Thanks,

Karl

Bitcasino.io

[kyoukage01 3181]

Can the OP or someone else post legitimate links to the websites of these trading bots (more info, download links, etc.)? I know that they can be Google-searched, but how will I know whether the search results are legit and not a copied version made by malicious people trying to install malware into your system?

 

And among the listed trading bots, which ones will work on Yobit?

 

[RoyalHouse01 9]

I do not use the bots and even I do not recommend you doing it as there are high risks in using the bots that trade on your behalf so do not do it.

[JesusFries 1958]

On 3/17/2021 at 12:21 PM, kyoukage01 said:

Can the OP or someone else post legitimate links to the websites of these trading bots (more info, download links, etc.)? I know that they can be Google-searched, but how will I know whether the search results are legit and not a copied version made by malicious people trying to install malware into your system?

 

And among the listed trading bots, which ones will work on Yobit?

 

Don't trust any kind of trading bots and mining bots mate because this is 100% scam, there's a lot of people are being trues it but in the end, they're just wasting their time, you can do trading manually and for that, you're sure that your money is safe.

[Whited35 15285]

The trading bots are prepared by so many companies not all are scam but the most of  so-called free trading bots are scam. Some well-established bots can assist traders to execute trading orders according to the customizable tolerance but they are not free and users have to purchase the fully featured trading bots. Some of the well-established exchange sites do not allow trading bots which have created the complexity in the usage of different trading bots.   

[ragnard 449]

Iwill recommend everyone to not use bots instead you should do your own Research about bitcoins because can't give much Information as you do yourself

[Mella 3680]

5 hours ago, ragnard said:

Iwill recommend everyone to not use bots instead you should do your own Research about bitcoins because can't give much Information as you do yourself

The trading bots are not for simple traders, they are more advanced and give better options that a trader needs but can not execute on his own. A bot automates trades and will execute your strategy even when you are at sleep, it will keep trading according to the program. There are trading companies that do just that but always have bots to use and maximize the profit. But it is something you need to learn and have enough experience to use them.

[MrSpasybo 1049]

On 3/17/2021 at 9:11 AM, RoyalHouse01 said:

I do not use the bots and even I do not recommend you doing it as there are high risks in using the bots that trade on your behalf so do not do it.

@RoyalHouse01 I also don't trust bots because trading is human business, bots are just tools for us to code our trading strategy. They cannot replace us in deciding on stop loss or take profit. All the successful traders I know of don't use the trading bot.

[pacific 2268]

17 hours ago, MrSpasybo said:

I also don't trust bots because trading is human business, bots are just tools for us to code our trading strategy. They cannot replace us in deciding on stop loss or take profit. All the successful traders I know of don't use the trading bot.

@MrSpasybo You're right. Trading bots seems to be a cool feature for the traders but still there's a risk to deploy bots for the trades, as they are programmed and can be hacked, or it may get a problem like initiating trade with high prices(higher than market price). As they are programmed, a  third person can manipulate the script or change the module, so there's much risk for a trader to work with a trading bots.

[George10 9932]

On 3/17/2021 at 8:11 AM, RoyalHouse01 said:

I do not use the bots and even I do not recommend you doing it as there are high risks in using the bots that trade on your behalf so do not do it.

We are on the same phase mate I also don't recommend the use of robots to perform trades on your behalf because they are just tools and bound to make errors and can result in great loss therefore, I always trade based on the knowledge I have acquired.

[MrSpasybo 1049]

@pacific @George10Bots are just human-developed programs and I believe they cannot work as effectively as humans, especially in the ability to make decisions from market indicators. Traders should be responsible for their own property on their own.
Bots are only more emotionally stable than humans, bots are not subject to FOMO or FUD. However, there are ways for whales to mislead the bot and make it trade at a loss.

[hussam4u2 0]

The advantage about bots are

1. its does not get tired

2. it does not have feelings

3. its does exactly by command and perfect point to trade

 

If you want easier way to trade where professional traders can be copied in auto pilot, These traders may use bot or may not use bot but generate lots of profits and you just have to select an expert traders to copy for your profit and be lazy about it in auto pilot. Just choose an expert trader wisely and keep an eye and get profits in auto pilot. Moreover, this platform is regulated by the EU and licensed in US and Japan.  Remember the more you invest the higher the yield.  
So Click here to register and start

Edited March 26, 2021 by hussam4u2