For crypto investors looking to capitalize on the volatility of the digital currency, crypto bots offer an ideal option. Bots are automated crypto trading tools that trade for you automatically to generate high returns and low risk. You can find plenty of such bots available in the market now.
However, not all are profitable or reliable. Failing to find the right bot can make you lose your capital. One way to avoid choosing an unsafe bot is to analyze each of the bots in detail, which is an overwhelming task and one that consumes too much of your time.
Fortunately, we have done all the difficult work for you, so all you need to do is pick from one of the best bots on our list. In this post, you will find all the info you need to know about crypto bots and the best software available in the market so you can make an informed choice.
10 Best Crypto Trading Bots For 2022
1. TechBerry
For the past seven years, TechBerry has been providing financial services, with an average monthly return of 11.%. It has proven to be the best social trading platform that uses deep learning algorithms and using artificial intelligence to discover market opportunities. Traders can choose from a variety of available packages, each with its own set of features and benefits.
The neural robot searches and analyze the data from over 100K+ accounts of traders, for making the most profitable strategy. TechBerry stands out in the market with its loss protection policy, allowing members to recieve up to 100% reimbursements. With a global presence, you can access this service from anywhere at any time for the best trading experience.
What it offers
- Professional traders can earn by providing trading statistics.
- A personal manager is available to assist you.
- Average monthly gains of 11.2%.
- Loss reimbursement policy covers up to 100% of your losses.
2. Bitsgap
Bitsgap boasts a comprehensive platform that allows trading of all types of crypto coins. Besides coin trading, it offers other features like arbitrage, portfolio management, and more.
What it offers
Important features of the platform are
- It provides backtesting that allows optimization of the pre-defined bots for use in bear and bull markets
- You can track your assets and manage your portfolio via a single interface provided by the service
- It offers desktop and mobile versions
- Email and live-chat support are present
Pricing details
A basic plan ($24/month), an advanced plan ($57/month), and a pro plan ($123/month) are present. The vendor offers a free 7-day trial and supports Visa, Ethereum Litecoin, Mastercard, Bitcoin, Paypal, and more than 50 altcoins as payment methods. No commission fee is charged for trading.
Supported exchanges
- Binance
- OKEX
- Bitfinex
- Coinbene
- Coinex
- Livecoin
- Poloniex
- Kraken
- Kucoin
- Huobi
- EXMO
- CEX.IO
- Gate.io
- HitBTC
- Bittrex
Verdict for Bitsgap
With multiple exchange support, a user-friendly interface, diverse features, and a free trial, the bot offers many advantages. The portfolio tracking and arbitrage features are added perks for users.
Visit Bitsgap3. Pionex
Pionex is one of the top crypto apps among crypto traders, popular for its free integrated bots and other beneficial features. It charges a low commission fee of 0.05%.
What it offers
Important features of the platform that gives it an edge in the market are:
- It is regulated by the US FinCEN and has an MSB license.
- It partners with popular services such as Coinfirm, Banxa, Sumsub, and Simplex
- Grid bot, reverse grid bot, TWAP, Rebalancing, DCA, and more bots are available for free on the platform
- A maker and a taker fee of 0.05% is charged by the service
Pricing details
The bots are free to use and do not have subscription charges. Payments for the trades are accepted via credit card and crypto token. A maker fee of 0.05% and a taker fee of 0.05% are present. The minimum deposit depends on the pair you want to trade. For instance, BTC requires a minimum of 0.0001 BTC, BSC requires 0.01 BSC, etc. The withdrawal fee is 0.0005 for BTC and 0.0005 BSC for BSC.
Supported exchanges
As Pionex is an exchange, users can trade on the exchange directly without using other exchanges. The platform aggregates liquidity from the Huobi and Binance exchanges.
Verdict for Pionex
With free and efficient bots, the platform has good potential for beginners and seasoned traders. The low commission fees, ease of use, and good security are other features that tip the scales in favor of this service.
Visit Pionex4. Cryptohopper
Cryptohopper provides automated bots for crypto trading. It uses an algorithm-based approach for profitable trades. Members can use the free and paid signals for smart trading.
What it offers
The bots enable easy and automated trading 24/7
- The social trading feature allows you to trade on par with the professionals easily without any expertise
- The trailing orders feature allows better order execution
- DCA feature prevents the hassle of looking for the right order placement.
- The platform offers AI trading, backtesting, strategy builder, and pro tools
Pricing details
A Pioneer plan is offered for free with limited positions. Paid plans include the Hero ($99/month), Explorer ($19/month), and Adventurer ($49/month) plans. No commission fees are charged for trading using the bot.
Supported exchanges
- Bybit
- EXMO
- OKX
- Bitpanda Pro
- Bitvavo
- HitBTC
- Huobi Pro
- Bittrex
- Coinbase Pro
- Binance
- Poloniex
- Binance.US
- Bitfinex
- Kraken
- KuCoin
- Crypto.com
Verdict for Cryptohopper
Cryptohopper offers a diverse range of features, including automatic trading, arbitrage, market making, social trading, and much more. The documentation, tutorials, and other resources help new users who want to learn what crypto trading is and how to do it efficiently.
Visit Cryptohopper5. TradeSanta
TradeSanta assures rapid order execution and profitable returns with its robust terminal, efficient signals, and advanced bots. This cloud-based best crypto app allows you to make your bot and use them effectively.
What it offers
Some of the key features of this platform are:
- Bots take long and short positions and can work in any market condition
- Customization features for the bots enable the use of the bots in the futures and spot markets
- SL, Trailing SL, stop signals, etc. can be used via TradingView for risk management
- Trailing TP or TP enables accurate closure of deals
- Demo accounts allow you to test your strategies without risking your capital
Pricing details
Plans include a Basic ($25/month), Advanced ($45/month), and a Maximum ($79/month) package. The plans differ in the number of bots offered. You can pay in crypto and fiat currency. The service does not charge a commission fee.
Supported exchanges
- Coinbase Pro
- HitBTC
- Huobi
- Binance Futures
- Binance
- Okex
- Upbit
- Binance US
Verdict for TradeSanta
With a comprehensive range of features that will benefit newbies as well as pro traders, the platform is a favored choice among crypto investors. The various tools and benefits offered by the automated platform enable users to grow their investments without much hassle.
Visit TradeSanta6. 3Commas
3Commas boasts a feature-rich terminal that ensures users profit from their crypto investment. It has proven automated bots and supports over 18 major exchanges.
What it offers
The significant feature highlights of this platform are
- It allows efficient trading in bear, bull, and sideways markets
- The SmartTrade and Terminal provide full automation, ensuring passive income generation
- You can collect all your crypto assets in a single portfolio and track them efficiently
- Copy trading feature helps to skip the learning curve in cryptocurrency trading for beginners
Pricing details
Pricing plans include free and paid plans. The starter plan ($14.5/month), an advanced plan ($24.5/month), and a pro plan ($49.5/month) are the paid plans. All supported exchanges, multiple-level referral programs, integration with TradingView, free mobile apps, and more are offered with the plans. No commission fee is charged. A 3-day free trial is present.
Supported exchanges
- Gemini
- FTX
- Binance
- Deribit
- BitMEX
- Coinbase Pro
- Bittrex
- ByBit
- Poloniex
- OKEX
- Kucoin
- Huobi
- Kraken
- Bitstamp
- Gate.io
- Bitfinex
Verdict for 3Commas
Favorable pricing plans besides the free plan, diverse strategies, multiple trading tools, backtesting, social trading, and risk-limiting features are the benefits of the service.
Visit 3commas7. Coinrule
Coinrule provides users an opportunity to trade on par with seasoned professionals and hedge funds. Users need not have prior coding knowledge to use this best crypto trading platform.
What it offers
Important features and benefits of this bot are:
- Automatic trading strategies that are easy to use without the need for coding knowledge
- Safe and efficient portfolio management
- You can backtest your trading strategies and rules before implementing them
- Over 150 rules are present to choose from, or you can create the rules for your trading
- User-friendly and secure trading across exchanges
- The platform provides rules that are based on popular indicators
Pricing details
A free plan with a limited number of live and demo strategies is present. The free plan users also get access to select strategy templates. Paid plans include the Hobbyist ($29.99/month), Trader ($59.99/month), and the Pro ($449.99/month) plans. The service does not charge commission fees for trading.
Supported exchanges
- Binance
- Coinbase Pro
- Okex
- HitBTC
- Bitstamp
- Bitfinex
- Liquid
- BitMex
- Kraken
- Bitpanda pro
Verdict for Coinrule
The presence of multiple exchange support, the ability to backtest strategies, a free plan, and strategy templates are the upsides of the bitcoin bot.
Visit Coinrule7. 4C-Trading overview
4C-Trading provides smart bots that work automatically, exploiting all profitable opportunities skillfully. The service works more effectively on Binance and crypto coins such as SOL, LINK, BNB, and BTC.
What it offers
Some of the main benefits of this bot service are
- It offers smart bots that use advanced algorithms for profitable results
- Precise margin signals are generated by the service
- The dashboard feature allows you to view and manage all your investments and trading info from a single interface
- Trading rook offers a friendly environment with daily BTC updates, on-demand analysis, and community chat
Pricing details
A beginner ($59/month), Advanced ($139/month), and Expert ($179) packages are available for this service. Common features of the packages include complete access to deep market, channels, analysis, chat features, and access to the smart bots and trade signals. The packages differ in the capital amount you provide. A free trial for 7 days is provided with all the packages. No commission fee is charged.
Supported exchanges
- Binance
Verdict for 4C-Trading
4C-Trading offers several beneficial features such as market analysis, alerts, account monitoring, automated trades, etc. Beginners and experienced users can take advantage of the diverse range of bots and other trading tools on offer here.
8. Trality
Trality bots use profitable algorithms that ensure efficient automation. The platform boasts advanced features and automation enabling profitable investment for users. It is a marketplace offering bots that can be used by all types of traders.
What it offers
Some of the significant perks that users get with the platform are
- Code editor feature allows users to create complex bots that can handle functions like advance order, performance attribution, position handling, etc.
- The bot marketplace allows users to copy trade from the top-performing bots
- Rule Builder feature enables the creation of bots without prior coding knowledge
- A wide selection of indicators is present
Pricing details
Free and paid plans are present. Pawn is a free plan that allows you to trade up to €5,000 trading volume and includes one live bot and an unlimited backtesting feature. Paid plans include the Knight (€9.99), Rook plan (€39.99), and the Queen (€59.99) packages. The plans differ in the trading volume and number of live and virtual bots available. No commission fee is charged by the platform.
Supported exchanges
- Binance
- Bitpanda
- Kraken
- Coinbase Pro
- FTX
- Binance.US
Verdict for Trality
Beginners and professional traders will find the features of this platform beneficial. The fully automated bots, paper trading free plan, and algorithm-based advanced trading features ensure profitable trading.
10. Quadency
Quadency offers a trading platform that suits investors of any experience level. The user-friendly automated platform enables you to trade quickly and efficiently with its professional tools.
What it offers
The significant features of the crypto service are:
- Access to more than 1500 crypto assets is possible with the platform
- The seamless trade execution and smart portfolio management features benefit new and seasoned traders
- You can choose from the pre-built bot strategies or customize them easily
- Integrated market screener and charts with superior quality streaming data
Pricing details
As per the vendor, the service is provided free of cost for a limited time, after which a simplified pricing plan will be announced. The free plan includes 20 live bots, 200 daily backtests, an unlimited number of connected exchanges, and 24/7 support. No commission fee is charged by the vendor for trading.
Supported exchanges
Its partner exchanges are
- Binance
- OKX
- AAX
- KuCoin
- Liquid
- Bitfinex
- Bittrex
- Gemini
- HitBTC
- Kraken
- Poloniex
- Binance US
- Coinbase Pro
Verdict for Quadency
As the only platform that has a free plan and no paid plan with no other hidden charges, Quadency offers several advantages to users. A user-friendly interface, premium bots with pre-built and customization features, enhanced portfolio management, and valuable charts are some of the key aspects that make this service a favorable platform.
Crypto bot meaning
A crypto trading bot is a software application that is configured to perform a particular set of tasks automatically. The software is capable of working on single or multiple crypto coins for you. The bot can work on more than one platform at the same time. There are two important benefits of using the bot:
- It simplifies an otherwise complicated process ensuring quick and efficient completion of the trading
- It removes emotions from your trading decisions enabling better profit opportunities
- With the crypto market open 24/7, having an automated bot will ensure you make the most out of the market situation at all times.
How do crypto trading bots generate profits?
The bots use random or disorganized info from different sources and arrive at trading insights to generate signals. They use coded or predefined approaches to organize the data and generate actionable signals. Due to their quick working mode, they can exploit market volatility. You can find bots integrated with exchanges or using an API key for executing orders. Thus, the bots can eliminate a tedious working process and utilize market info instantly to generate appreciable returns.
Reasons to consider using crypto bots
There are many reasons why you should choose a crypto trading bot. Here are some of the main reasons:
- The bots operate 24/7, which is not possible when you trade manually.
- With their automated design and use of powerful technology like artificial intelligence, neural network, etc., the bots can work fast and have a quicker reaction time.
- They are not influenced by fear, greed, and other human emotions that can lead to errors in judgment.
- The bots can process huge amounts of data quickly, which is not possible to execute by humans .
Things to consider when choosing a crypto trading bots
Some of the key factors you need to consider when you are shopping for the best crypto trading platform are listed below.
Trading approach behind the bot
It is important to know whether the strategy used by the bot aligns with your trading style. The strategy used differs from one bot to another. Some bots use multiple approaches. Find out about the approach from the official bot website, its user guides, and reviews.
Ability to adjust to different market scenarios/conditions
Ensure the bot is configured to adapt to the changing market conditions. If a bot fails to adjust to the market situation, you may need to make constant changes or stand to lose your capital because of an ineffective approach.
Company reputation
Since the bots use your exchange account for trading, you need to be careful about choosing the bot. The reputation of the company is, therefore, a crucial factor. Make thorough research on the reputation of the company in the industry and the user community. Check if the company is effective, trustworthy, or dependable. Consider the developer’s expertise and experience in the field.
Level of customer support
Is the developer or the team providing appropriate support for using the bot? Find out about the support and its effectiveness from the social media pages of the company where its community will be active. Is the company interacting with the communities and promptly resolving user issues? You can also check out the user reviews on reputed third-party sites to know about the support.
Backtesting and live statistics
Look for backtesting and live performance reports of the bot. Reputed bot companies post their trading results on their official website. Make sure the results are verified by reputed third-party sites to ensure their veracity.
Bot’s price, fees, and commissions
An expensive subscription package and a high commission fee are strong deterrents. Check out the prevailing rates in the market to know whether a bot is overpriced or not. Further, look for the presence of a refund offer. A money-back guarantee assures the reliability of the product.
Server or cloud-based
A server-based crypto bot requires you to keep your system operating 24/7, which can be difficult to achieve. On the other hand, a cloud-based bot does not need you to keep your computer running 24/7. Most of the bots available now are cloud-based.
Ease of use
A user-friendly interface is necessary to use a bot. A complex interface can prevent you from benefiting from the bot’s features. Look for easy-to-navigate features and a quick responding interface.
How to choose a suitable trading bot strategy?
The trading approach used by a bot decides several factors, such as the automation level and the frequency of daily trades. So, you need to pick the strategy carefully. Here are some tips:
Check market conditions
The strategy you use differs based on the market conditions. For instance, arbitrage works best under particular market conditions only. So, you need to do detailed research on the market and the level of risk you are willing to take. When you are clear on these aspects, you can pick your strategy.
Try it on the demo firstly
Backtesting is an important part of trading crypto. By backtesting, you can know whether a bot is profitable or not and you can decide on how well it will perform using your strategy. There are details that you can verify, such as the volatility measures, the risk to reward ratio, averages, etc.
Analyze the strategy in terms of won and loss deals
Instead of assessing the loss or success rate of the individual trades, find out the performance of the bot in a certain number of trades. This will give you a better perspective of the bot’s performance. For instance, find out how it has performed for 25, 50, or 75 trades. You can learn more about how effective the bot is and use the approach.
Is using a crypto bot compulsory for traders?
Using a crypto bot simplifies the investing process and boosts your profits. But not all traders find it beneficial. For those who want immediate trades from short-term trades and for those who do not have the time or inclination to set the parameters manually, the bot is a good choice. However, you need to consider the risks of using automated tools regarding security concerns and losses that occur in a volatile market. Wisely choosing your bot will help you get the best benefits from the bots.
Pros and cons of using a crypto trading bot
Crypto bots, like any other trading tool, have their pros and cons. Here are some of the crucial factors:
Pros
- No emotional attachment enables a purely fact-based and precise decision-making process
- Bots are endowed with multiple features and functionality that ensure quick, accurate, and effective trades
- For beginners, the bots offer a simplified solution for an otherwise complicated process.
Cons
- Most often, the bots have limited crypto coin and exchange support
- Since they work 24/7, the bots can implement decisions that can lead to a big loss or gain based on the market situation
- Although the bots are automated, it requires time and effort to configure and implement them as per your trading style.
Final words
With the crypto market expanding at a rapid pace, it makes sense for investors to capitalize on the volatile market conditions. Using a crypto bot is a smart way to exploit the opportunities present. With our list of the best safe and secure crypto bots, you will be able to find the right software that can help in growing your investment with minimal risk and hassle.
