Introduction:

As any crypto investor will tell you the cryptocurrency market is very volatile. This means manually trading cryptocurrencies is not easy at all. You are probably all-too-familiar with the gut-wrenching feeling of waking up to large swings in your portfolio.

To add to this unlike stock markets, cryptocurrency markets do not close, and this presents a very stressful scenario for both casual investors and seasoned traders in the industry, where swings can happen at any moment and so trading is constant.

However, we now live in a world where data is king and so came the rise of crypto trading platforms which offer automated (also known as algorithmic) crypto trading bots. With these automated crypto trading bots, you can retake control of your crypto trading even in your sleep! Crypto Trading Platforms offer automated bots that try to counter the volatility of the cryptocurrency market.

Some of the most successful hedge funds were built on automated trading bots and so now even retail traders are increasingly relying on crypto trading bots.

Through this article, we will be looking at a whole plethora of crypto trading platforms and their algorithmic offerings.

 

Article idea: What is a DCA bot?

 

Why would I want a crypto trading bot?

Automated cryptocurrency trading bots are software programs built on high-speed code that can help you automate your trading strategy and take full advantage of the crypto exchange 24/7. These bots have mathematical routines programmed into them that scan the crypto exchange and analyse trading opportunities.

Because these bots are built purely in code, they do not get tired, they do not get bored, they can trade the cryptocurrency market exactly they are programmed and best of all, these bots can carry out trading actions even while you are sleeping! Because of the added possibilities, not to mention time-savings that crypto trading bots bring, more and more retail cryptocurrency traders are turning to these bots.

Because of the huge variety of automated cryptocurrency trading platforms, there are – it can be tough for beginners to find the best place to start. Therefore, we at QuantVision have written this comprehensive guide that will go over different kinds of crypto trading bots. By the end of it, you will know which bots are best, and use this information to choose one that best meets your needs.

 

 

Pros & Cons of Automated Crypto Trading Robots
Pros of Crypto Trading Robots	Cons of Crypto Trading Robots
Low Latency: Crypto Trading Bot can trade many different currencies simultaneously, far faster than any human. This allows traders to have a higher probability of profitable trades.   Unbiased: Crypto Trading Bot’s do not get excited when a position rallies, and do not get upset when it plummets. This allows them to avoid the emotional mistakes human traders often make.     Uptime: Human traders cannot always stay in front of screens and constantly monitor your investments. They need to sleep and have other obligations. The cryptocurrency market however is constantly active. The opportunity cost of not being on top of the market 24/7 is that you miss many opportunities to make more profit. Unlike humans though, a trading bot can run 24/7 and thus never misses opportunities.	Requires Monitoring: Although Crypto Trading Bot’s save their users a lot of time in analysis, they do still need to be monitored to make sure the positions are being correctly entered and there are no glitches.   Not suitable for new traders: Cryptocurrency bots can bolster your trading requiring that you have some knowledge of what is happening behind the scenes. Changing the settings of a bot’s configuration requires knowledge of the technical aspects of trading and insufficient knowledge can lead to massive losses.   Security Concerns: Crypto bots execute trades through integration with application programming interfaces (APIs) that the broker provides. This means the two machines work together without manual intervention. This also means that traders are exposed to flaws in the brokers’ software.   Alongside this, whereas hackers avoid blockchain systems thanks to their almost impenetrable security, they target systems with central servers (like bots and exchanges). Traders must be hyper-aware of what security leaks they may have.

 

 

How do I know which bot is the best?

We evaluate a crypto trading bot based on a few stringent criteria, all designed to test the strength of the algorithmic trading structure.

Some things are crucial when using an algorithmic crypto trading platform such as:

• • Backtesting

    • This allows you to simulate the past performance of the trading bot on certain parameters.

 

• • Strategy Execution

    • We require all trading bots to execute quickly, a perfect strategy falls apart if your bot just is not quick enough to execute your orders!

 

• • Strategy Structure

    • The strategy must have a proven methodology behind it, or a proven track record to be considered.

 

• • Price

    • A prohibitively costly crypto trading bot reduces the amount of money that you can funnel into your portfolio. A $5,000 bot will likely just be eating into your portfolio. Often the most expensive bots out there are built purely to sell the bot itself without providing the client with any returns!

 

• • Operating Difficulty

    • Many crypto bots require extensive infrastructure and coding set up on the user’s part, making them way too complex for a beginner trader to use. We have only included bots that can be utilized by the widest variety of people, providing the necessary core features while also being intuitive.

 

• • Reviews

    • To see if a crypto trading bot is worth its price-tag a sure-fire way is to see the feedback that real users have given. We scoured crypto review forums, as well as more general review sites like Trustpilot. For a crypto bot to make it on our list, most of its users had to be satisfied.

 

Crypto Bot Reviews:

OrderSnipe:

Order Snipe is a cutting-edge, machine learning-enabled crypto trading platform that provides over 25 crypto trading robots and automated strategies on MetaTrader 5. It can effortlessly connect via APIs to crypto exchanges such as Binance, BitMEX, FTX, Bittrex, Kraken and KuCoin to start robot trading with automated trading strategies – all from your local machine!

Features:

• Machine Learning-Driven Strategies – OrderSnipe comes with over 25 algorithmic trading experts, allowing you to harness the latest advances in A. I to generate profits – all in a drag and drop interface. The platform also offers the most robust risk management available with 14 different parameters to monitor risk from each bot.
• Widest Support for Account Types – No more will you have to constantly reconfigure your bot to work with different types of accounts, the OrderSnipe platform offers functionality for spot, margin, and derivative exchanges.
• Modular – OrderSnipes functionality can be taken to very advanced levels with the attachment of AlgoRush, this allows advanced traders to be able to explore and implement their ideas with ultra-fast optimization routines.

Pricing:

• The Beginner Package $14.99 per month – Effortless integration into mt5 strategy tester, Machine Learning optimization and backtesting capabilities, All account types supported.
• The Advanced package $29.99 per month -All Beginner Package plus, AlgoRush support, Short and Long algorithms.
• The Pro Package $79.99 per month – All Advanced Package plus, 25 Artificial Intelligence trading bots, Optional DCA

Exchange Support:

OrderSnipe supports FTX, BitMEX, Binance, Bittrex and Kraken. Availability of exchanges is set to increase consistently.

Pros	Cons
Access to only the most reputable crypto exchanges	Only supports MT5, requires some setup and prior experience
The platform also offers the most robust risk management available with 14 different parameters and many different types of stop-loss to monitor and minimise risk from each bot.	A large array of functionality can be overwhelming to the new trader
Educational Resource bank on QuantVision website
Excellent Security with the entire strategy being able to run from your local machine
The strong development team behind it from a range of disciplines
Functionality can be extended very quickly through custom programmed bots
Backtesting facilities come with custom optimization routines

 

 

OrderSnipe vs 3Commas

OrderSnipe	3Commas
Access to only the most reputable crypto exchanges	Wider Access to Cryptocurrency trading exchanges, 26 vs 5
The platform also offers the most robust risk management available with 14 different parameters and many different types of stop-loss to monitor and minimise risk from each bot.	Copy-trading feature allowing you to be able to copy other key players – however, could also cause a snowball effect and leave you open to market manipulation by large players
Educational Resource bank on QuantVision website	Sufficient educational tools on the 3Commas website
Excellent Security with the entire strategy being able to run from your local machine	The collateral risk from less reputable exchanges which are present upon the site
The strong development team behind it from a range of disciplines
Functionality can be extended very quickly through custom programmed bots
Backtesting facilities come with custom optimization routines

 

3Commas:

3commas is one of the most popular web-based crypto trading bots. Recently, 3commas has collaborated with Binance. This partnership ensures convenient trading conditions through Binance’s infrastructure. Under the broker program, you can create a free Binance account and utilize tools from the 3commas platform.

Features:

• Functionality – 3Commas comes with an intuitive user interface. The bot allows you to set up take profits and stop-loss targets as well as craft your own trading strategies.
• A wide range of tools – In addition to using 3comma’s performance analytics and automated bots, you can also create, analyse and back-test portfolios as well as monitor other user’s best performing portfolios. The bot also allows you to follow and copy successful trader’s strategies.
• Trader’s Diary – 3commas has created a trader’s diary which gathers all your trades across exchanges and organizes them in one convenient location.

Pricing:

• The Starter Package $174 per year – Access to Smart Trading terminal, Paper Trading, Concurrent Take Profit and Stop Loss, Access to all available exchanges, Notification for cancellations and errors.
• The Advanced package $294 per year -All Starter Package plus, TradingView Custom Signals, Simple bots, Single pair DCA bot, Short and Long algorithms, View and copy bots.
• The Pro Package $594 per year – All Advanced Package plus, Margin trading bots, Composite bots, Futures and Margin trading bots, GRID Bot.

Exchange Support:

3commas supports 26 exchanges.

Pros	Cons
Wide access to crypto Exchanges	Not very useful to inexperienced traders
Copy-trading feature	Can have a very steep learning curve
Offers sufficient educational tools	Binance security risk
Good marketplace

 

 

CryptoHopper:

Cryptohopper is a cloud-based crypto trading bot that works with a wide range of exchanges and coins. Being on the cloud enables easy setup and 24/7 trading. Crypto Hopper offers speedy automated trading and portfolio management for over 100 cryptocurrencies. Cryptohopper recently released its “Cryptohopper+” program, which lets users gain experience points. The more points that are gathered, the more benefits users can earn.

 

Features:

• Functionality – Offers Automatic Trading, Market Making, Mirror Trading
• Easy setup – The bot comes with an intuitive dashboard that only takes about 5 minutes to set up.
• External signallers: This allows you to subscribe to professional analysts around the globe – the bot receives the signals directly and uses them in their trades.

Pricing:

• Explorer Hopper starter $19/month – 80 positions, Maximum 2 triggers, 15 selected coin maximum, Paper trading.
• Explorer Hopper starter $49/month – 200 positions, Maximum 5 triggers, 50 selected coin maximum, Paper trading.
• Explorer Hopper starter $99/month – 500 positions, Technical Analysis, 75 selected coin maximum, Maximum 10 Triggers

Exchange Support:

Currently, the bot can integrate with most major exchanges.

Pros	Cons
Easy to setup	No real information on security
Good marketplace	Relatively Small Community
Good coin and exchange support	No information on management and developers
Good marketplace

 

OrderSnipe vs CryptoHopper

OrderSnipe	CryptoHopper
Access to only the most reputable crypto exchanges	Cloud-Based and so requires no setup and can be running 24/7 easily
The platform also offers the most robust risk management available with 14 different parameters and many different types of stop-loss to monitor and minimise risk from each bot.	Allows you to subscribe to professional analysts around the globe – the bot receives the signals directly and uses them in their trades.
Educational Resource bank on QuantVision website	Much more expensive for higher functionality
Excellent Security with the entire strategy being able to run from your local machine	Wider exchange support however not all exchanges are highly reputable
The strong development team behind it from a range of disciplines
Functionality can be extended very quickly through custom programmed bots
Backtesting facilities come with custom optimization routines

 

 

Zignaly:

Zignaly is a cloud-based platform fully running from within your browser. Over 20 External signal providers are part of the platform and help users automate the trading process by providing them with bespoke signals, allowing traders to do little work in generating strategies.

Features:

• Crypto signals – The platform features third-party signallers, including Mining Hamster Signals, Crypto Base Scanner, and others of this type. These professionals with years in industry analyse market conditions and pass their signals onto you to trade.
• Trailing stop-loss – This feature allows your stop loss to move with the price, meaning that you are constantly locking in profits and minimizing risk.
• TradeView bot – Zignaly connects to your TradingView account. This allows you to utilise the full TradingView capabilities.

Pricing:

• Single Package $15.99 monthly – Access to priority support, unlimited coin pairs, and positions. In the future, the company aims to provide there will be unlimited exchanges.

Exchange Support:

At this point, Zignaly only supports Binance. It might present limited opportunities to traders, but the recent announcement stated that they are planning to add Bittrex as well.

Pros	Cons
30 Day free trial	Cloud-based architecture presents security risk with data loss
Strong default algorithms	Still early phase technology
Signals from reputable professionals	Track Record still yet to be produced
Good user base growth

 

ProfitTrailer:

ProfitTrailer whilst initially a controversial crypto trading bot has since grown its reputation into something we would be happy to recommend.

Features:

• Mobile-friendliness – The platform can be accessed on Android and iOS without losses in functionality or speed.
• Virtual private server – Most platforms offer VPS at an extra cost. ProfitTrailer, on the other hand, includes VPS in three out of five pricing plans to provide a fully managed hosting environment.
• Live chat – The brand offers multiple channels of communication, including live messages as well as educational materials like a detailed FAQ section and video guides to help debug any problems users may have quickly and efficiently.

Pricing:

• Signals Edition €30.00 monthly – All exchanges, 2 bots, 3 stored configurations, advanced paper trading
• Basic €49.00 monthly – All exchanges live discord support, 2 bots, 5 stored configurations, 40+ buy-sell strategies.
• Advanced €69.00 monthly – All exchanges, 10 stored configurations, Advanced stats, Advanced Notifications

Exchange Support:

The platform gives you access to automated trading on Binance, BitMEX, Huobi, Bittrex, Kucoin, and Poloniex. ProfitTrailer supports all coins listed on these platforms.

Pros	Cons
A very wide selection of tools	Not beginner friendly in terms of setup
Excellent support	Hard to configure
Strong community support	Track Record still yet to be produced
A wide selection of strategies.

 

AutoView:

ProfitTrailer whilst initially a controversial crypto trading bot has since grown its reputation into something we would be happy to recommend.

Features:

• Mobile-friendliness – The platform can be accessed on Android and iOS without losses in functionality or speed.
• Virtual private server – Most platforms offer VPS at an extra cost. ProfitTrailer, on the other hand, includes VPS in three out of five pricing plans to provide a fully managed hosting environment.
• Live chat – The brand offers multiple channels of communication, including live messages as well as educational materials like a detailed FAQ section and video guides to help debug any problems users may have quickly and efficiently.

Pricing:

• Signals Edition €30.00 monthly – All exchanges, 2 bots, 3 stored configurations, advanced paper trading
• Basic €49.00 monthly – All exchanges live discord support, 2 bots, 5 stored configurations, 40+ buy-sell strategies.
• Advanced €69.00 monthly – All exchanges, 10 stored configurations, Advanced stats, Advanced Notifications

Exchange Support:

The platform gives you access to automated trading on Binance, BitMEX, Huobi, Bittrex, Kucoin, and Poloniex. ProfitTrailer supports all coins listed on these platforms.

Pros	Cons
A very wide selection of tools	Not beginner friendly in terms of setup
Excellent support	Hard to configure
Strong community support	Track Record still yet to be produced
A wide selection of strategies.

 

Gunbot:

Gunbot is known for being one of the most advanced crypto trading bots currently available on the markets. They place a huge amount of emphasis upon your privacy – the entire platform is controlled from the software you download, and payments can be made in Bitcoin, Litecoin, Ethereum and Dash.

Features:

• Inbuilt trading strategies – Gunbot comes with numerous inbuilt trading strategies that include Step Gain, Gain, Ping Pong, and Bollinger Bands. Many users report that BB is among the most profitable strategies.
• Customizable – Because the platform is software controlled you can customize the strategies and layout and align them to your trading style.
• Trial Version – The bot also has a lite version which offers limited features that you can use to test-drive the platform on smaller accounts.

Pricing:

• Starter edition (0.02 Bitcoin, Regular price: 0.04 BTC) – For 1 exchange, 3 trading strategies, Unlimited pairs, Switch between exchanges anytime, Telegram integration
• Standard edition (0.05 Bitcoin, Regular price: 0.10 BTC) – All Starter edition plus, All trading strategies, Cryptosight, 500 Gunthy tokens, Indicators
• Pro edition (0.075 Bitcoin, Regular price: 0.15 BTC) – All Standard edition plus, 3 Exchanges included, 750 Gunthy tokens, Backtesting add-on
• Ultimate Edition (0.125 Bitcoin, Regular price: 0.25 BTC) – All-Pro edition plus,
• exchanges included 1250 Gunthy tokens, TradingView add-on

Exchange Support:

Supports over 100 exchanges

Pros	Cons
Excellent Privacy and security	Not beginner friendly in terms of setup
Offers a selection of trading strategies	Hard to configure
Strong Price Point offerings
A wide selection of exchanges

 

Quadency:

Quadency is a crypto management platform that allows users to connect multiple exchange accounts into a single interface to trade any of their crypto assets.

Features:

• Portfolio Dashboard – You can track the overall performance of your overall holdings, analyse statistics, chart crypto coin allocations, display balances by account, view recent trades, open orders.
• TradingView Integration – The charts are powered by TradingView with over 100 technical indicators and drawing tools.
• Varied Selection of Bots – There are up to 10 pre-built strategies available to choose from such as Grid Trader, Market Maker, Bollinger Bands, Multi-level RSI

Pricing:

• Lite (FREE) – Unlimited Exchange accounts, Performance Analytics, Simple Bots and Smart Orders
• Pro ($39.00 per month) – All Lite edition plus, Custom Terminal Layout, Advanced Bots
• Unlimited ($79.00 per month) – All-Pro edition plus, Unlimited backtests, access to unified REST and Streaming API, Strategy Coder

Exchange Support:

Quadency provides support to the most popular cryptocurrency trading platforms in the world such as Poloniex, Coinbase, Bitfinex, Kraken, Binance, Bittrex and Gemini.

Pros	Cons
Excellent Privacy and security	Little information about the teams behind the project
Robust pre-built strategies	Cloud-based and so subject to server stability
Intuitive and Beginner-friendly

 

 

 

TradeSanta:

TradeSanta is a new cloud-based tool but with an already established reputation. Along with supporting basic order types, an automated bot which can execute more advanced strategies. TradeSanta might not have as many features as other entries on this list – however, you can do quite a bit for free, and its services are high-quality.

Features:

• Bot Templates – Templates for Long, Short and Custom bots that allows traders to build their own custom bots.
• Technical Indicator Integration – TradeSanta offers technical indicators (including Trade filter, Volume filter, and Bollinger Bands.
• Varied Selection of Bots – There are many pre-built strategies available to choose from such as: Grid Trader, DCA, Extra Orders and more

Pricing:

• Basic ($14.00 per month) – Gives you access to 49 bots. Before purchasing, you can sign up for a three-day trial.
• Advanced ($20.00 per month) – Gives you access to 99 bots
• Maximum ($30.00 per month) – Unlimited functionality, including all bots.

Exchange Support:

The bot connects to several of the biggest crypto exchanges, including HitBTC, Binance, Bitfinex, Bittrex, Huobi and more to come.

Pros	Cons
Huge selection of automated bots	Many bots are unprofitable
Clean and intuitive interface	Small user base
No extra trading fees	Poor Customer Support

 

ZenBot:

Zenbot built upon the open-source framework and so you can modify it to suit your trading preferences, and you can use it on all major operating systems.

Features:

• Artificial Intelligence Powered – Core software is powered by artificial intelligence.
• High-Frequency Trading Support – ZenBot is one of the very few crypto bots which can support High-Frequency Trading

Pricing:

• Free – The bot has to be completely built by the user and so the core software is free

Exchange Support:

The bot connects to several of the biggest crypto exchanges, including Poloniex, GDAX, Quadriga, Bittrex, Gemini and more to come.

 

Pros	Cons
Very advanced with limitless possibilities	No interface
Very scalable	Requires extensive coding knowledge
Highly customisable

 

Shrimpy:

Shrimpy emerged on the market, in 2018 with the founders having the goal of attracting people who could not afford expensive bots. Therefore, they offer a good range of services for free.

Features:

• Rebalancing – Instead of merely buying and holding crypto, this feature allows you to set allocations for crypto and the software then realigns your portfolio of assets for the maximum gain.
• Backtesting – Analyse your potential strategy on historical market data and compare how it would have performed.
• Social trading – Follow and copy other traders’ actions and their portfolio allocations.

Pricing:

• HODLER (Free) – This package gives you access to all portfolio tracking features.
• Professional ($13.00 per month) – Access to custom index builder, Dynamic Asset Relocation, Exchange Specific Data analysis
• Enterprise (POA) – Custom enterprise-level solutions

Exchange Support:

The bot supports some major cryptocurrency exchanges, such as Binance, Bittrex, KuCoin, Coinbase Pro, Kraken, etc. Ideally, the list could be more extensive, but the team is working on adding more crypto exchange APIs.

Pros	Cons
Widest Selection of free features	Bot’s track record is short
Low subscription fees	No Mobile App
Social Network extensive and a big value add

 

Shrimpy:

Shrimpy emerged on the market, in 2018 with the founders having the goal of attracting people who could not afford expensive bots. Therefore, they offer a good range of services for free.

Features:

• Rebalancing – Instead of merely buying and holding crypto, this feature allows you to set allocations for crypto and the software then realigns your portfolio of assets for the maximum gain.
• Backtesting – Analyse your potential strategy on historical market data and compare how it would have performed.
• Social trading – Follow and copy other traders’ actions and their portfolio allocations.

Pricing:

• HODLER (Free) – This package gives you access to all portfolio tracking features.
• Professional ($13.00 per month) – Access to custom index builder, Dynamic Asset Relocation, Exchange Specific Data analysis
• Enterprise (POA) – Custom enterprise-level solutions

Exchange Support:

The bot supports some major cryptocurrency exchanges, such as Binance, Bittrex, KuCoin, Coinbase Pro, Kraken, etc. Ideally, the list could be more extensive, but the team is working on adding more crypto exchange APIs.

Pros	Cons
Widest Selection of free features	Bot’s track record is short
Low subscription fees	No Mobile App
Social Network extensive and a big value add

 

BitsGap:

BitsGap is a legitimate platform with a strong team of entrepreneurs, investors, and software engineers backing the development. It is capable of semi-automated arbitrage trading, advanced trading charting, and automated trading bots.

Features:

• Diversity in Offerings –Over 10,000 trading pairs are available, all can be automated.
• Arbitrage Offerings – Fast trades occurring within six milliseconds to allow traders to exploit price differences between exchanges.
• Centralized Interface – Access to over thirty crypto exchanges all in one platform. Including Bitstamp, Binance, Kraken, BitFinex, Gate.io, and more.

Pricing:

• Basic ($19.00 per month) – 2 Active bots, Unlimited Exchanges, Trading Signals, Portfolio Analysis, Demo Trading
• Advanced ($44.00 per month) – 100K monthly limit, 5 Active Bots, Arbitrage Offerings
• Pro ($110.00 per month) – Unlimited Monthly trading limit, 15 active trading bots, priority Support.

Exchange Support:

Access to over thirty crypto exchanges all in one platform. Including Bitstamp, Binance, Kraken, BitFinex, Gate.io, and more.

Pros	Cons
Arbitrage feature is very rare to find	Trading bots require some setup which requires trading experience.
Interface and execution is extremely fast	Relatively Expensive
Strong Development Team

 

 

Margin (Margin.de/Leonardo):

The Margin.de service used to be known as Leonardo before it was acquired by different owners and revamped. The interface was improved, and some functionalities were added.

Features:

• Flexible Customisation:

All the trading screens can be resized and rearranged according to the trader’s preference. This allows the trader to completely make the interface their own.

• Technical Indicators:

Users can easily apply the most popular indicators to their charts, including the MACD, RSI, EMA and more.

• Clean Interface:

The trading interface is intuitive and simple to look at, this allows the trader to focus on what is most important, the trading.

Pricing:

• Starter for $129– It gives you access to all technical indicators and bots, which is a pretty good deal. However, you can trade on only one exchange.
• The standard for $259– In addition to technical indicators and bots, you get to trade on all supported exchanges.
• Professional $2999– This plan lets you add up to 3 APIs per exchange but is linked to a single exchange account along with other capabilities available through previous packages.

Exchange Support:

All the most popular exchanges are supported including, Binance, KuCoin, Latoken, Coinbase Pro, Kraken, Bitfinex and more. Full list on the website.

Pros	Cons
Wide access to crypto Exchanges	No flexible fee structure
Strong Security	Large sunk cost in investment
Flexible Interface	Custom Strategies are unnecessarily complex
Strong Technical indicators offering

 

 

Exchange Valet:

Exchange Valet is a desktop app available to Windows, Mac, and Linux users. The app is mainly focused on automated trading functionality. For users who are not well-versed in cryptocurrency, there are many educational resources on the platform. Along with FAQ articles and tutorials, users can connect to their Telegram and Discord to remain updated on all the news.

Features:

• Strong Risk Management tools:

During panic sells, the traders stop may not be filled and so EV offers trailing stop-loss orders, and simultaneous stop-loss/take-profit orders, which is not something you can always get

• Portfolio Visualization:

Traders can see what portions of their funds are allocated to what through pie charts.

Pricing:

Exchange Valet does not offer varying functionality across different pricing tiers. Instead, there are different billing terms.

• One Month – $29
• Three Months – 75$
• Yearly – 250$
• 14 Day Free Trial

Exchange Support:

Currently, you can automate cryptocurrency trading on Binance and Bittrex exchanges. For traders who want a wider variety of options, it might be a problem.

Pros	Cons
Simultaneous orders	Only two exchanges supported
Mobile and email notifications	Lack of transparent ownership
Many additional features	Need to download an app
Responsive customer support

 

 

Kryll.io:

This online platform for automated cryptocurrency trading strategies appeals to traders with different experience levels, built by a team that has expertise in the fields of software development, trading, law, machine learning, and economic sciences.

Features:

• What-You-See-Is-What-You-Trade concept– The technology behind all strategies is made as simple as possible. It ensures control of the strategies, even advanced ones.
• Drag-and-drop editor– With this feature, you can create custom strategies by picking functional blocks. The right combination of these blocks can make a powerful one-of-a-kind strategy.
• Kryll Marketplace– If you do not feel confident about creating your strategies, you can browse ready-made strategies. All the results and statistics about these strategies are made public.
• KRL earnings– Income generated from the activity on this platform is received in KRL, Kryll.io tokens. If other users utilize your strategy, the earnings are also in KRL.

 

Pricing:

Kryll.io requires no paid subscription. If you want to create a strategy and test, you will not be charged for it. But whether you use your strategy or someone else’s, it will come at a fee. The fees depend on the amount of KRL tokens you are holding. For example, if you hold 200,000 KRL, you will receive a 95% fee discount.

Exchange Support:

The tool supports Binance, Bittrex, Poloniex, HitBTC, BitStamp, and other exchanges.

Pros	Cons
Unique product	Still in a nascent stage
Easy to use	Strategy usage cost can be high
Kryll Marketplace of strategies	Can get complex very quickly
Reasonable fee structure

 

 

Autonio:

Autonio is a decentralized, artificial intelligence trading tool. AI-based algorithmic trading makes this tool fundamentally different from other services.

Features:

• Users maintaining control over the process – Even though the trade is automated, users decide how frequently the robot places trades, whether a strategy needs to be optimized, how to integrate various indicators, etc.
• Backtesting – You can trail strategies with five indicators and see how they would perform on real historical figures.
• Social investing and trading – You have the option to track experienced traders and manage their actions to achieve a similar portfolio and profits.
• Uncommon features – trading consultancy, algorithm marketplace, order flow trading.

Pricing:

A subscription for the Autonio platform costs $50/month with no differentiation of tiers or functionality. You will also have to pay a one-time registration fee. After that, you will have unrestricted access to the Autonio functionality.

Exchange Support:

At this point, the platform supports the following exchanges: Bittrex, Bitfinex, Bitstamp, Kraken, and QuadrigaCX.

Pros	Cons
User-friendly GUI	Few exchanges
Social Trading/Portfolio Copy	One pricing plan with no cheaper alternative
Requires no coding or trading experience	Little information about management
Competitive marketplace of AI algorithms

 

 

BitUniverse/Pionex:

BitUniverse and Pionex have partnered up to provide the ultimate crypto trading experience to its users. Because of this collaboration, Pionex users can use BitUniverse’s Trailing Take Profit Bot and Grid Trading Bot. BitUniverse users who have been migrated can log into their account on the Pionex platform.

Features:

BitUniverse offers:

• 22+ supported exchanges
• GRID – Grid Trading Bots are perfect for fluctuated sideways markets. They allow you to set a price range and grids and sells when the price increases and buys when the price decreases.
• AI advisor – Artificial Intelligence-based robot which provides trading signals.
• Backtesting scanner & volatility factor – Allows traders to check if a custom strategy was previously profitable.

Pionex offers:

• DCA – DCA bots help you to buy the same dollar amount of investment at regular intervals. It is one of the simplest strategies for trading.
• TWAP – High volume traders use TWAP bots to execute their trades over a certain period, not to affect the market price. They execute many single orders instead of one big order.
• Liquidity Aggregated Engine – Provides higher liquidity to traders allowing for lower slippage when placing orders.

Pricing:

They do not charge for deposits. The transaction fees follow a maker-taker model. The maker and the taker fees are 0.05% of the transaction.

Exchange Support:

At this point, the platform supports 22 Exchanges.

Pros	Cons
Huge Variety of features	Can be overwhelming to new traders
Very strong development teams	Majority of features aimed towards larger clients
Requires no coding	No Major regulator
Low fee structure

 

 

BTC Robot:

BTC Robot is a pioneer automated Bitcoin trading bot. It runs well in the major operating systems, although its prices in various platforms vary

Features:

• Easy to install: The bot is known to be easy to install and use.
• GRID – Grid Trading Bots are perfect for fluctuated sideways markets. They allow you to set a price range and grids and sells when the price increases and buys when the price decreases.
• 60-day refund: What stands out most about BTC, though, is its 60-day refund policy.

Pricing:

BTC offers three price packages, Mac users pay more compared to Windows users.

• $14.99 per month – With this Single License, you may run the robot on BTC at one MT4 broker of your choice.
• $39.99 per month – With a single Gold license, you can run the robot on BTC and ETH, at any two MT4 Brokers of your choice!
• $399 per year – Platinum Support (expedited ticket response & personal one-on-one support). Personalised installation support. You may run BTC Robot v2.3 on any MT4 broker that offers cryptocurrencies such as Bitcoin, Litecoin and Ethereum.

Exchange Support:

At this point, the platform supports any exchange with MT4 support

Pros	Cons
Easy to install	To run it on macOS you need a VPS
Fully automated	Only trades Bitcoin
No fees	Need to work with MT4 brokers