Top 10 Best Crypto Trading Bots in 2024

We'll go over the best cryptocurrency trading bots in this guide! Based on factors like pricing, user-friendliness, and exchange integration, we will describe the advantages of each trading bot.

What Are Crypto Trading Bots?

Crypto trading bots are automated algorithmic programs that are made to use particular trading strategies based on parameters that have already been defined to carry out trading strategies in the global markets for crypto assets.

Crypto exchanging bots can work all day, every day in the crypto market to make up for the broker's human restriction and accomplish ideal exchanges.

The kinds of exchanging techniques algorithmic exchanging bots can execute shift from one bot to another, for certain expert dealers fostering their own projects to gain by failures on the lookout.

How Does a Crypto Trading Bot Work?

Crypto trading bots execute trades using either straightforward or more involved predefined market parameters and indicators. A few normal boundaries bots use incorporate cost, time period, and request volume, while normal market pointers incorporate moving midpoints (MAs), relative strength file (RSI), and that's only the tip of the iceberg.

However, the crypto trading bots' ability to monitor the market and make trade decisions is still dependent on the trading parameters and indicators you select. When the market conditions match your predetermined parameters, the bot makes trades.

Since mechanized crypto exchanging bots have direct admittance to your crypto resources and can make exchanges for your benefit, you should confine your Programming interface on what moves bots can initiate and just use bots you trust. In addition, if you want your trading strategy to be more successful in the live markets, you need to backtest it against a variety of market conditions.

List of The Best Crypto Trading Bots

Coinrule

In the event that you're hoping to evaluate bot exchanging interestingly, a free preliminary with Coinrule is an extraordinary spot to begin.

Coinrule, a company based in the UK, aims to make trade strategy design as accessible as possible.

With wonderful UI and a far reaching instructional exercise area composed with straightforward wording, this stage was planned in light of amateurs. Coinrule lets you use ITTT logic (If-This-Then-That) to create trading strategies in the Rule Page section, making it easier to set trade conditions!

Prices

There are several pricing levels for Coinrule. The Hobbyist package ($29.99 per month), the Trader package ($59.99 per month), or the Pro package ($449.99 per month) may be more suitable for advanced traders with complex strategies and high trade volume than the free platform.

Exchange  

Binance, Coinbase, OKX, Kraken   

Experience level   

Beginner to Advanced

Pionex

One of the first exchanges in the world, Pionex has 16 free trading bots built in. Trading can be automated round-the-clock, so users don't have to keep checking the markets. One of the largest Binance brokers, Pionex gathers liquidity from both Huobi Global and Binance. Additionally, Pionex users can use CoinLedger for streamlined tax reporting because Pionex is a certified CoinLedger partner.

Features

Retail investors can use 16 free trading bots from Pionex.

• When compared to the majority of the major exchanges, the trading fee is the lowest. Maker and taker pay 0.05 percent in trading fees.

Users of the Grid Trading Bot are able to buy low and sell high within a predetermined price range.

• Leveraged Grid Bot has a leverage of up to five times. 

The Spot-Futures Arbitrage bot enables retail investors to generate low-risk passive income. This strategy is predicted to yield a return of 15 to 50% APR.  

• Martingale bot uses DCA buy and one-time sell to take advantage of fluctuations.  

Using the rebalancing bot, you can hodl the coins. 

• Mitigating risk over the long term (DCA) Bot Sets continued buying at ordinary spans to counterbalance the impacts of unpredictability.  

In a single trade, traders can set a stop-loss, take profit, and trailing stop with the Smart Trade terminal.

Mobile Apps

Android and iOS

Pricing

Free forever

Experience

Level  Beginner    

Phemex 

Phemex provides beginners with a free futures grid trading feature that covers the entire market. Users can use the bot to automatically place buy and sell orders for futures contracts at prices that are customized and predetermined for them.  Traders are able to navigate shifting market conditions thanks to the feature, which supports three distinct strategies.  Presently Phemex matrix exchanging bot upholds prospects contracts with spot contracts not far off. With futures grid trading bots on Phemex.com and the Phemex app, traders can automate their profits and strategies.

Pricing 

Free for all users   

Experience 

Level  Beginner

Shrimpy

Shrimpy is a platform for managing portfolios that also offers automated trading tools. Shrimpy became well-known for its portfolio auto-rebalancing tool, but it later added a tool that let users trade on multiple exchanges.

Another platform that stands out for its well-organized user interface and extensive tutorial section is this one. Backtesting, social trading, and portfolio rebalancing are just a few of the many features they provide.

Shrimpy has built-in social trading and a great community features. You can learn more about how other users are profiting from the tool by joining the community on Reddit, Telegram, or Discord.

Additionally, Shrimpy has collaborated with Coin Ledger to provide its users with a straightforward method for reporting taxes. You can rest easy knowing that this partnership can automate your tax reporting if you become a shrimpy user.

Pricing

It's free to start building your automated portfolio. Shrimpy costs between $13 and $19 per month for more advanced features. They also provide enterprise pricing for crypto companies and businesses that want to trade with their software.

Exchanges

Binance, Binance.US, Bittrex Global, Coinbase, Gate.io, Gemini, Huobi, Kraken, KuCoin 

Experience Level

Beginner to Intermediate

Coinigy

Coinigy is a cloud-based trading platform for cryptocurrencies that works with more than 45 exchanges.

HD charting, portfolio monitoring around the clock, and the ability to add exchange accounts without incurring additional costs are all features of the platform.

Prices

Coinigy offers a free 7-day trial, an $18.66 monthly subscription, and a $99.99 monthly subscription with priority support and Coinigy CryptoFeed® & Enterprise API access.

Exchanges

Binance, Coinbase, Gemini, Kraken, KuCoin, Poloniex, and more!   

Experience level   

Beginner to Advanced

3 Commas  

3Commas is a brand-new competitor in the automated trading bot industry that makes use of Dollar Cost Averaging to guide trade decisions. The trailing stop tool on this platform is what really sets it apart. This implies that you can exploit an unexpected cost rally in light of the fact that the following stop will keep your position open however long the cost increments. When the cost turns around, your position will naturally be shut.

3Commas is a cloud-based stage that upholds 14 trades and diagrams and signals from TradingView.  

Coin Ledger and 3Commas have also collaborated to provide users with automated tax reporting.

Prices

A monthly plan from 3 Commas costs $49 and supports up to 50 trades. 3Commas Expert is available for $79 per month and provides unlimited trades! If you pay annually, prices are slightly lower.

Exchanges  

Binance, Binance.US, Binance Futures, Coinbase Advanced, Kraken, Gemini, Bitfinex, and more!   

Experience level    

Beginner to Advanced 

CryptoHopper

One of the most well-liked trading bots available today, CryptoHopper provides a number of the essential features for novice traders: paper trading, backtesting, trailing stop-loss, and a strategy designer tool that lets you easily modify your trading strategy with over 130 indicators are all included.  

CryptoHopper has a powerful instructional exercise segment for novices as well as the choice of buying the best methodologies and layouts from master dealers. The dashboard of the platform makes it simple to subscribe to numerous external signalers.  

CryptoHopper is cloud-based and upholds up to 12 trades, and they are continuously adding more. CryptoHopper has a marketplace of free and paid signals for advanced traders that you can use in conjunction with technical indicators to tailor your strategy.

Cost

CryptoHopper has four price levels. You can use as many copy bots as you want on the free tier, which copies the strategies of successful traders. On the higher tiers, you can use more advanced features and other kinds of bots.

Pioneer: Free   

Explorer: $29 a month  

Adventurer: $69 a month  

Hero: $129 a month  

Exchanges  

Coinbase Advanced, Binance, Bitvavo, Crypto.com, KuCoin, ByBit, Binance.US, Kraken, and more!  

Experience level    

Beginner to Advanced 

TradeSanta 

Another cloud-based platform is TradeSanta, which has a $25-per-month Basic plan and a free trial. Users can trade with up to 49 bots per month on the Basic plan.  Automated trading is really easy to understand on the TradeSanta website. They offer support all day, every day. Using their Long or Short templates, you can create your strategy or start from scratch.

Prices 

TradeSanta offers 3 pricing plans: Basic ($25 a month), Advanced ($45 a month), Maximum ($90 a month).  

Exchanges  

Binance, Binance.US,  OKX, ByBit, Coinbase Pro, XGo, Kraken, HitBTC, HTX  

Experience level  

Beginner

Kryll‍ 

With their outstanding user interface, Kryll.io leads the market when it comes to creating your own trading strategies. The drag-and-drop interface of their strategy editor makes it easy to create a trading strategy graphically. After that, you can free-of-charge test your strategy in demo mode; you just need to pay once you begin involving it for genuine exchanges.  

Kryll has an exceptionally dynamic exchanging local area which makes their Commercial center a cutthroat element for the stage. You can choose to publish your winning strategy in the Marketplace and earn a commission from each trader who uses it if you believe you have developed one. Fledgling merchants should begin with leasing a technique from the Commercial center.

Prices 

Prices for Kryll's pay-as-you-go program vary depending on your trading volume and KRL (the platform's proprietary token). You can estimate fees on Kryll's website: if you trade 1,000 USD in a single day without holding KRL, you should expect to pay $0.33 in fees.  

Exchanges

Coinbase, Binance, Binance.US, KuCoin, Bybit, Kraken, Gate.io, Crypto.com  

Experience level  

Beginner to Advanced

Gunbot

For advanced traders, Gunbot is a highly customizable trading bot. Gunbot is a server-based bot — and that implies it expects you to have your server running consistently. Gunbot is more private than cloud-based bots, despite its higher upkeep costs.  

Gunbot is known for its excited exchanging local area where huge number of merchants contribute in fixing bugs and further developing item execution, so it's nothing unexpected that they support over 100+ trades. In the event that you are a novice, you can begin with their preset methodologies. If not, you can personalize your own.  

Check to see if you feel confident setting up this bot on your own. You should be familiar with programming and be comfortable installing your own program.

Price

Gunbot is available for purchase for a one-time fee that includes unlimited updates and support. The item is only available for purchase in crypto, and its prices range from 0.05 to 0.1 BTC.  

Exchanges

100+  

Experience level  

Advanced

What to Look for in Cryptocurrency Trading Tools and Bots

Free Trial

There is a free version of the platform offered by many of the trading bots on this list. The best way to determine whether the platform is right for you is usually to test it out for yourself.

Social Trading

As well as fostering your own exchanging methodologies, you might maintain that the choice should follow the techniques of other effective merchants. Utilizing profitable trade strategies will be simple and cost-effective if a good strategies marketplace is integrated into your preferred trading tool.

Backtesting 

With backtesting, you can compare your trading strategy or algorithm to historical data to see how it would have performed in actual market conditions. Naturally, you want to have access to backtesting features that produce the most realistic simulations, so slippage and latency should be taken into account.  

Indices  

It is essential to take into consideration how indices are created by various trading tools that offer portfolio automation. Dissimilar to with stocks and protections, it's impractical to keep a total record of all coins right now exchanged the crypto market. Educational content about the sampled coins and the index's weighting of market caps should be included in any good trading bot.

Cloud based vs. Server Based

If a trading tool is server-based, you must always keep your server or computer running to avoid losing trades. Trading software on your own server can be more customizable and typically has better performance, but it does require some technical expertise. This list contains excellent open-source applications if this is important to you.

Trading Communities

While some of the trading tools on this list are better suited to lone wolf traders, others have invested heavily in community development. Compare the level of activity in the trading communities on Discord, Reddit, or Telegram. You actually must consider the nation and language of the exchanging local area as crypto guidelines are different from one side of the planet to the other.

Support & Tutorials 

Take a look at the site's educational content and customer service options as you decide which trading tools to use. To arrive at the developing business sector of new crypto brokers, large numbers of the stages on this rundown have created preparing modules, web journals, and recordings to teach their clients and give client care choices through email and live visit! 

Crypto Tax Software Integrations  

When trading with crypto bots and other automated tools, it can be simple to accumulate a large number of trades. As a result, it may be challenging to report your cryptocurrency gains and losses on your taxes.  Crypto charge programming like CoinLedger can help. The platform makes tax reporting simpler by integrating with numerous prominent trading bots and exchanges.