Are you interested in investing in cryptocurrency, but find the process of trading to be overwhelming? If so, worry no more: today I’m here to show you the best crypto trading bots to up your crypto game. With their help, you’ll feel trading has never been easier.
With so many cryptocurrencies available and a market that can shift rapidly, it can be challenging to stay on top of your investments and make informed decisions about buying and selling digital assets. And that's where crypto trading bots come in.
These trading bots use advanced algorithms to analyze market data, identify trends, and execute trades automatically, without the need for constant monitoring by the trader. With them, you can take your crypto trading strategy to the next level and potentially increase your profits while reducing your workload.
So, what is the best crypto trading bot? Well, that depends. Do you want to use it on an exchange you already love and trust, like Coinbase, or Kraken? Or do you want it to be a bot offered by the exchange itself, like Bybit, KuCoin, Binance, or Huobi? Fortunately, there’s something for everyone on this list!
Today, I’ll show you the best crypto trading bots available, which are, as of writing:
So sit back, relax, and explore the world of automated crypto trading with me.
Best Crypto Trading Bot: So, What Are Trading Bots?
Before I tell you what is the best crypto trading bot of 2023, it’s important to understand what trading bots are.
Trading bots are computer programs that use algorithms to automatically execute trades on behalf of investors. These bots are designed to analyze market data, identify trading opportunities, and execute trades based on predefined rules and parameters.
In the world of cryptocurrency trading, trading bots have become increasingly popular in recent years as more and more people seek to automate their trading strategies. By using a trading bot, traders can take advantage of market opportunities 24/7, without the need for constant monitoring or manual intervention.
Trading bots can be programmed to execute a wide range of trading strategies, including trend following, market making, and arbitrage. Some bots are designed to trade on multiple exchanges simultaneously, while others are optimized for a specific trading pair or exchange.
One of the key benefits of using a trading bot is that it can help traders to eliminate emotional decision-making from their trading strategy. Bots can execute trades based purely on data and predefined rules, without being influenced by fear, greed, or other human emotions that can often lead to poor decision-making.
Another advantage of using a trading bot is that it can help traders execute trades with greater speed and precision than is possible manually. This is particularly important in the fast-paced crypto world, where market conditions can change rapidly and opportunities can arise and disappear within seconds.
However, it's important to note that trading bots are not a magic solution for successful trading. While they can help to automate certain aspects of a trading strategy, they still require careful monitoring and management to ensure that they are operating effectively and in line with a trader's goals and risk tolerance.
Now that you know all the basics about trading bots for crypto, let's talk about the top platforms that offer them.
1. Bybit - One of the Best Free Trading Bots
Ranks #1 out of 11
- + Very low trading fees
- + Exceptional functionality
- + Mobile trading app
- + Helpful customer support
- + Up to 100x leverage
- - Might have a steep learning curve
Bybit is a cryptocurrency exchange that has quickly gained popularity among cryptocurrency traders around the world. Offering a wide range of trading options, Bybit has invested in its own trading bots, which are considered by many investors some of the best crypto trading bots of 2023.
Bybit’s trading bots are automated computer programs that allow users to analyze and decide the best time to make profitable trades by defining entry and exit points through technical analysis.
These bots enable traders to customize their strategies based on previous data, allowing them to maximize their profits with minimal effort. If you want a more streamlined approach to cryptocurrency trading, Bybit trading bots may be a great solution for you.
Bybit provides traders with three types of bots: spot grid bot, futures grid bot, and dollar-cost averaging (DCA) bot. And they’re entirely free to use! You’ll just have to pay for trading fees as usual.
Creating your own grid bot on Bybit is easy and fun! All you have to do is head over to the Bots section on the Bybit homepage, click ‘Create’ and follow the steps. First, select a spot pair for your bot and set the lower and upper price bounds, as well as the number of grids required. Then, determine how much you want to invest in total.
Bybit also offers an Auto Fill feature to automatically enter intelligent parameter suggestions based on the historical data of a coin in order to make the process even easier. Once you've set up your parameters, you can check them before hitting Create. This feature takes AI crypto trading bots to a whole new level!
Bybit’s platform surely provides a convenient way to manage your grid bots. To access the active and historical bots, simply press the ‘Create’ button and you will be taken to the My Grid Bots page. By selecting the ‘Details’ option in the upper right corner, you can check out more details about your trading results.
In conclusion, Bybit’s trading bot feature is a great tool for cryptocurrency traders looking to maximize their profits with minimal effort. By using technical analysis and historical data, these bots allow traders to customize their strategies and automate their trading.
Whether you’re a beginner or an experienced trader, Bybit’s trading bots offer a convenient and efficient way to trade cryptocurrencies.
2. KuCoin - Free AI Crypto Trading Bot
Ranks #2 out of 11
- + Strong security measures
- + Over 700 supported cryptocurrencies
- + A variety of trading and earning features
- + Competitive fees
- - Not available for US traders
- - Might be somewhat complicated for beginners
KuCoin is a popular cryptocurrency exchange that offers a trading bot service to its users. With the ability to customize settings and make trades based on market conditions, KuCoin offers its users one of the best crypto trading bots available.
KuCoin trading bots are free AI crypto trading bots that make trades on your behalf. It supports many trading approaches: spot grid trading, futures grid trading, smart rebalance, DCA, and infinity grid trading.
When it comes to crypto assets, the bot supports pretty much all the coins that the platform itself supports. There are more than 700 coins available on the crypto exchange as of writing. That’s why KuCoin is always featured on any crypto trading bots review!
Starting the bot isn’t too difficult, especially if we have in mind that it supports only the features that were already available on KuCoin’s website. The only difference is that the bot is available only inside the mobile app. So, all you have to do is to download it, run it, and your investing adventure may begin.
The bot is free to use, but trading fees still apply to every transaction it does. Before utilizing the bot, make sure to read up on the tactics used to minimize this cost! They can be found in the KuCoin Support and Blog posts.
Another great feature of KuCoin’s trading bots is that you can simply look at the leaderboard and adopt other people’s tactics to optimize your bot settings. Whether you’re a beginner or an advanced investor, this can help you understand how the most profitable traders achieve such great numbers.
Overall, the KuCoin trading bots are a great tool for automating your trading strategy and maximizing your profits in the world of cryptocurrency trading.
3. Binance - Spot Grid, Futures Grid, TWAP, VP, and More
Ranks #3 out of 11
- + Crypto portfolio rebalancing
- + Automated crypto investing
- + Auto-place buy or sell orders
- + Grid trading automation
- + Supports order splitting
- - Technical knowledge required
By far, Binance is one of the leading crypto exchanges worldwide. It offers a huge variety of features that make the lives of traders easier, including trading bots. In fact, even though Binance’s trading bots are pretty new (launched in May 2023) compared to other contenders on this best crypto trading bots list, the platform has reached the heights once more.
The list of different Binance trading bots is pretty impressive. For starters, it offers Spot and Futures Grid bots. Spot Grid bot allows users to automate the process of buying low and selling high, while the Futures Grid bot allows amplifying their purchasing power automatically on USD-M and COIN-M futures contracts.
Then, there’s also the Rebalancing bot and the Auto-Invest bot. The former is for those interested in holding long-term positions, while the latter, as the name suggests, allows traders to set auto investments based on a certain strategy (which is great for beginners, by the way).
Lastly, there also is the TWAP bot and the VP bot. TWAP allows traders to split large orders into smaller ones to get a better price, while VP allows splitting large orders across a specific market volume ratio. Both are available to be used on API trading (with the VP bot being available ONLY on this type of trading).
The bots support all crypto assets available on the platform, which means you can use them with over 500 cryptocurrencies, and even more cryptocurrency trading pairs.
Binance’s bots can also be customized to follow various types of strategies, including trend following, market following, market making, and so on. The bots can be used through the Trading Bots account. Besides, do note that traders who use BNB while trading with bots receive hourly trading fee discounts.
Overall, due to the variety of trading bot types offered by the platform, their intuitive automation, and the deep liquidity of the exchange itself, Binance can surely be rated as a platform that provides one of the best crypto trading bots in the industry.
Did you know?
Compare Crypto Exchanges Side by Side With Others
All Crypto Exchanges may look similar to you but they're NOT all the same!
4. Huobi - Maximize Profits With Low Risks for Free
Ranks #4 out of 11
- + Very low fees
- + User-friendly interface
- + Most crypto assets are stored offline
- + 24/7 customer support
- - Only crypto assets available to be exchanged
Huobi is one of the most renowned cryptocurrency exchanges available, offering a wide range of features for traders, such as margin trading, futures trading, and a variety of trading tools. One such tool is the Huobi trading bot, which is among the best crypto trading bots as of writing. And Huobi’s trading bots are free!
Grid trading bots are an excellent tool for financial derivatives that helps to reduce holding costs. They buy gradually when the market goes down, and sell automatically when the market starts to recover.
The grid trading strategy is a popular trading method that involves dividing your investment amount into smaller portions and then placing buy and sell orders at regular intervals, creating a grid of orders.
This strategy is used to buy low and sell high in a range-bound market, providing stable earnings for users at relatively low risk.
Huobi’s trading bots allow users to customize their grid trading strategy based on their preferences, such as setting the upper and lower price limits, the number of grids, and the ratio and price spread between each grid.
Additionally, the bot also allows users to set a trigger price and a price to stop loss or take profit, which automatically executes orders when the specified price level is reached. This tool is extremely important for risk management.
The parameter adjustment feature of the Huobi trading bots even allows users to adjust the highest and lowest price of the grid strategy in the middle of a trade, ensuring that their strategy is always running and earning profits. This feature is particularly useful when the market price fluctuates beyond the price range of the trading strategy.
In conclusion, the Huobi trading bots are excellent tools for traders looking to automate their trading strategy. Its customizable features, along with the ability to adjust parameters in the middle of a trade, make it a valuable asset for traders seeking to maximize their profits while minimizing risk.
5. Growlonix – AI-Assisted Bots and Automated Signals
Ranks #5 out of 11
- + Strong security measures
- + AI-assisted trading bots
- + Trading signal automation
- + Professional trading terminal
- + Paper trading
- - Trading bots are not foolproof
Growlonix is an automated trading platform that definitely turns heads in the space. While being relatively new compared to some other platforms in this best crypto trading bot list, it’s a strong contestant nonetheless.
It’s not a crypto exchange itself, though – it is a platform you connect to other crypto exchanges using API keys and then automate your trading on these platforms. The great news is that Growlonix supports a variety of popular exchanges, including Binance, KuCoin, Bybit, and others.
One of the more noteworthy aspects of Growlonix is its strong security measures. It encrypts API key storage, employs 2FA, has IP whitelist support, robust DDoS protection, and even an advanced Cloudflare firewall. Besides, since it connects to your preferred exchange accounts via API keys, it doesn’t hold your funds.
Now, when it comes to trading bots, as of writing, the platform offers eight AI-assisted bots. They all differ based on risk level and strategies.
For instance, the Dual Grid bot simultaneously keeps both long and short positions across all grid levels and is a low-risk bot. Hedge Grid bot, on the other hand, opens long positions above your entry point and short positions below it and is a medium-risk bot.
You can find more information about each bot on the Growlonix website. Just note that these two bots I’ve just mentioned use hedging strategies, which means they provide 4 times lower risk compared to traditional grid bots. Either way, though, you still have to stay cautious when dealing with any trading bot.
Now, apart from offering trading bots, Growlonix allows users to automate trading signals, integrating them via Telegram, email or webhook. Thus, you can set automatic triggers on your orders, which will prompt necessary actions in accordance with these signals.
Additionally, the platform provides users with a professional trading terminal, which allows opening various orders on the crypto exchanges you’ve connected to your account.
What about Growlonix pricing? Great news – you can use it for free. The free plan does have some limitations, though. So, there also is a Premium plan that expands these limitations. It costs $17.50/month if you pay yearly, but you can also pay half-yearly, quarterly or monthly (in that case, the monthly price increases a bit). Additionally, there’s the Business plan, which is made for workplaces and is negotiable.
That being said, Growlonix for sure is one of the best trading bot platforms made for users of all skill levels.
6. Pionex - Free Access to Great Parameters
Ranks #6 out of 11
- + 16 free built-in trading bots
- + Competitive trading fees
- + Futures trading with up to 100x leverage
- + Various earning possibilities
- + Dual Investment feature
- - No demo account for trading bots
- - Limited manual trading options
Pionex is a cryptocurrency exchange that offers a variety of trading bots to help investors automate their trading strategies. By offering one of the best crypto trading bots out there, Pionex has built quite a name for itself.
Since the exchange offers many trading bots (DCA bot, rebalance bot, Smart Trade bot, among many others), one might wonder: what is the best trading bot crypto available at Pionex?
Well, that depends on your particular needs, but their grid trading bot is probably the most popular one. It executes trades based on a predetermined price range, which helps investors to buy low and sell high automatically, without the need for constant monitoring of the market.
Grid trading is a trading strategy that allows investors to buy and sell within a specified price range automatically. The grid trading bot on Pionex uses this strategy to help investors mitigate the risk of missing market opportunities and inaccurately timing stop-loss or take-profit decisions.
Pionex's grid trading bot employs an AI strategy that uses quantitative algorithms to establish a comprehensive system for providing recommendations on grid trading bot parameter settings. This AI crypto trading bot is especially valuable to beginners, as it can give them great starting setups.
The Pionex AI strategy uses historical backtest data from the past 7 days, 30 days, and 180 days to generate the most appropriate parameters for the current market conditions.
Pionex's grid trading bot is a great tool for investors who want to automate their trading strategies and reduce the risk of missing market opportunities. With its AI strategy and easy-to-use interface, Pionex makes it easy for traders of all experience levels to set up and use their trading bot.
So, whether you're a new investor or an experienced cryptocurrency trader, Pionex's grid trading bot is definitely worth checking out.
7. 3Commas - Integrated With Some of the Best Exchanges
Ranks #7 out of 11
- + Supports over 20 most popular crypto exchanges
- + A vast variety of manual and automated trading options
- + Social trading with "Marketplace"
- + Free plan
- - Past security breaches
- - Might be overwhelming for beginners
3Commas is a cloud-based automated cryptocurrency trading platform that offers a variety of tools to help traders optimize their trading strategies. The platform, launched in 2017, offers users the ability to trade manually, set up some of the best crypto trading bots out there, and manage their portfolios.
One of the standout features of 3Commas is its Smart Trade platform, which offers a range of customizable options for manual trading. With Smart Trade, traders can set up multiple sell targets, use concurrent take-profit and stop-loss orders, and take advantage of TradingView charts and indicators.
Smart Trade also supports margin and futures trading, allowing users to connect to various exchanges and manage their transactions through the 3Commas interface. That’s why you can always spot 3Commas on any crypto trading bots review.
For traders looking to automate their strategies, 3Commas offers two types of bots: simple bots and composite bots. But what is the best trading bot crypto available there? The answer to that question depends on your investment strategies and portfolio, so let me explain a bit about them for you.
Simple bots allow traders to repeat trades on a single pair, while composite bots combine multiple trading strategies into a single bot. Traders can choose from over 30 indicators and 90 candle patterns to create their own trading strategies, or buy pre-made ones from the marketplace.
3Commas supports a range of popular exchanges, including Binance, Bybit, Coinbase, and Binance US. The platform also supports multiple payment options, including PayPal, Apple Pay, credit card or debit card, and cryptocurrency.
Pricing for 3Commas ranges from a free limited account to $29, $49, and $99 per month, depending on the features and functionality desired.
Overall, 3Commas offers a robust set of tools for traders looking to automate their cryptocurrency trading strategies. The platform's Smart Trade feature provides an excellent user interface for manual trading, while crypto trading bots allow for the creation and deployment of sophisticated trading strategies.
8. TradeSanta - Helping You Get The Best Entry Points
Ranks #8 out of 11
- + Mobile app availability
- + Affordable plans
- + User-friendly interface
- + Trading terminal available
- - Limited amount of supported crypto exchanges
- - Limited backtesting customization
Next up on the list of the best crypto trading bots is TradeSanta. This platform is an automated cryptocurrency trading operator that simplifies trading strategies for everyone. It offers a cloud-based trading software that allows traders to take both short and long positions, ensuring safe and secure transactions.
The TradeSanta platform offers a range of trading bots, including grid and DCA bots. Grid bots are suitable for those who want to benefit from every buy individually, while DCA bots are best suited for those who want to choose the average price for all orders.
TradeSanta also helps traders make money when market conditions are not in their favor. If the price action moves against their calculations, the bot executes an extra order to buy or sell a large number of coins at the market price. This way, it tries to ensure expected take-profit with a small price fluctuation in the near term.
One of the unique features of TradeSanta is its ability to simultaneously place automated trading bots along with long and short techniques, covering both sides of price fluctuations, positive or negative. This grants them a place in many crypto trading bot reviews!
The platform also offers technical indicators such as RSI, MACD, and Bollinger signals, which help investors in getting the best entry points possible.
TradeSanta supports several exchanges, including Binance, Bybit, Huobi, and Kraken. The platform also provides its customers with a free trading terminal facility, which allows them to control all their cryptocurrency portfolios from one point.
By offering copy trading, TradeSanta also gives investors the opportunity to improve their trading skills by copying profitable techniques from experienced and advanced traders. So, you can analyze the performance of other bots and copy the best one according to your interests.
TradeSanta has four plans: Free, Basic ($25/month), Advanced ($45/month), and Maximum ($90/month). The plans come with varying features, such as the number of bots allowed, strategies available, risk management tools, and TradingView signals.
Overall, TradeSanta's tools are designed for great results. Long and short trading bots enable traders to experience trading crypto for both bull and bear markets. Besides, all that is done with risk management tools in place!
9. CryptoHopper - Algorithm Intelligence at Its Best
Ranks #9 out of 11
- + Free trial
- + Supports most major cryptocurrency exchanges
- + Automated and manual trading capabilities
- + Specialized features for beginners and experienced traders
- + Various testing tools
- - Technical issues
- - Overcharge concerns
CryptoHopper is an online platform that allows users to automate their crypto trading strategies through the use of trading bots. CryptoHopper's trading bots have become increasingly popular in the crypto market, and deserve a spot on any best crypto trading bots list.
One of the key features of CryptoHopper's trading bots is that they allow users to set the parameters for their trades and execute them accordingly. Users can select assets and values for the trades, as well as use several advanced analysis tools that work in conjunction with the trading bot.
In addition to the automated trading experience, CryptoHopper also offers expert-level tools for better trading that can be used by beginners and professionals alike. Users can devise trading strategies based on their preferences, trading experience levels, and risk appetite.
All of that is backed up by what they call “Algorithm Intelligence,” or AI. CryptoHopper's AI crypto trading bot is designed to learn strategies, analyze them, and adapt them according to market changes.
The platform offers membership plans that go from $0 to $99/month, and there is also a mobile app that adds to the convenience of using CryptoHopper remotely and on the go.
While there are some cons to using CryptoHopper's trading bot, such as the slight technical understanding required and the customer support team not being the best in the business, the platform's advanced features give it an edge over most of its competitors.
Besides the common trading bots for crypto already discussed here, CryptoHopper also offers paper trading, which allows users to conduct technical analysis on their own strategies and decisions without having to risk any financials.
Additionally, CryptoHopper's trading bots also allow social trading, which lets users see trades made by other traders and then learn from their automated trading strategies as investment advice for better trading profits.
Candlestick patterns are also supported and recognized by the bot, allowing users to recognize trading patterns and perform trades accordingly. Finally, the DCA functionality invests a small amount of money over time to prevent sudden losses or make up for a previous one.
Overall, CryptoHopper is a formidable competitor in the trading bot platform space, offering a wide range of functionalities. Its extensive features make it a top choice for traders looking to maximize their profits.
10. Bitsgap - Over 10,000 Trading Pairs
Ranks #10 out of 11
- + Backtesting support
- + Wide range of automated trading tools
- + Free trial
- - Doesn't have a mobile app
- - Pricey plans
Bitsgap is a platform that offers an integrated solution for trading on multiple exchanges, allowing you to compare rates and manage your portfolio effectively. Its trading bots are considered to be among the best crypto trading bots of 2023.
With access to over 10,000 trading pairs across 15 exchanges, Bitsgap provides a comprehensive set of tools for formulating and executing your trading strategies. Its user-friendly interface caters to both novice and seasoned traders.
Bitsgap’s trading bots allow you to take advantage of the highly volatile crypto market by automatically executing trades based on your preferred trading strategy. They ensure that your investments are distributed proportionately within your chosen range, helping you make small but frequent profits on every market move.
There are multiple types of automated trading for Bitsgap users: grid trading bots, DCA trading bots, and futures trading bots. And they can all be used on exchanges such as Binance, Bybit, Coinbase, Kraken, KuCoin, and Bitfinex.
Bitsgap offers a significant advantage through its selection of predefined strategies. These strategies have been extensively backtested and proven to be effective, allowing you to take advantage of them without having to create your own strategy from scratch.
Additionally, if you prefer to create a custom strategy, you can use Bitsgap's backtesting feature to ensure everything runs smoothly before committing real funds. Overall, Bitsgap's combination of predefined strategies and backtesting tools can help you optimize your trading performance and achieve your financial goals.
The Bitsgap platform offers three plans: Basic ($29/month), Advanced ($69/month), and PRO ($149/month). Each plan offers different features such as the number of active grid and DCA bots, futures bots, trailing up and down for bots, among others. All plans come with a 7-day trial period.
Finally, the Bitsgap portfolio management feature allows you to automatically update all transactions, perform tracking based on your trading history, and access all your trade portfolios in one place.
Overall, Bitsgap is a powerful trading platform that provides a comprehensive set of tools for cryptocurrency trading and portfolio management.
11. Shrimpy - So Many Features
Ranks #11 out of 11
- + Compliance with 8 popular crypto exchanges
- + Free plan
- + Social trading
- + Demo account
- - No crypto signals
- - No mobile app
Shrimpy is a popular portfolio rebalancing tool and social trading platform for crypto. Founded in 2018, Shrimpy has become well-known in the global crypto community for offering safe and quick trading proceedings. Because of that, it couldn’t be left out of this best crypto trading bots list.
While supporting 9 popular cryptocurrency exchanges (Binance, Coinbase, Kraken, KuCoin, among others), Shrimpy offers features such as portfolio management, crypto index funds, copy trading strategies, and even rebalancing automation through its trading bots.
Besides automating trading itself, Shrimpy’s trading bots can be used to test strategies, build new apps with cryptocurrency APIs, and assess the crypto portfolio's profitability.
Shrimpy's core feature is rebalancing, which can be described as the procedure of modifying a crypto portfolio to meet market movements, thereby maintaining stability for long-term growth. Because of rebalancing, Shrimpy is always present when searching for crypto trading bot reviews.
The indexing tool offered by Shrimpy is designed to help users develop a custom crypto index with automated rebalancing and different parameters. The tool helps traders achieve reduced risk and increased wealth in the long run.
The platform also provides a backtesting tool that supports strategy testing or indexing with previous market data. This feature is important to assess how a strategy may have performed under past market conditions. With backtesting, users can develop custom trading portfolios and strategies.
Besides all those tools, Shrimpy also offers social trading and copy trading options to its users. Social trading allows users to monitor and automatically copy other traders' strategies, and users whose strategies are copied can earn money in return.
The copy trading feature is extremely beneficial for new buyers and customers to leverage social portfolios and get accustomed to the sector. Meanwhile, if you have viable strategies, you can easily earn stable passive income.
By offering so many features, Shrimpy has conquered the hearts of many crypto enthusiasts. And their plans are not as expensive as you might think! There are three tiers: Free, Standard ($19/month), and Plus ($49/month). Each tier offers different limits, so you should choose your plan according to your needs.
Shrimpy was designed to provide a simple and easy-to-understand trading experience for both novice and experienced crypto investors. All in all, no one can deny Shrimpy is a powerful tool for anyone looking to automate their crypto trading strategy.
Conclusion
Crypto trading bots have become an increasingly popular tool for traders looking to automate their trading strategies and improve their profits. Google searches like “trading bot crypto” or “best trading bots crypto” have risen exponentially over the past few years. But what is the best crypto trading bot?
Well, whether you're a beginner or an experienced trader, it depends on your individual needs and goals. For some, it might be the Bybit bot, while for others – the KuCoin bot. By doing your research, testing different bots, and keeping up with the latest developments in the industry, you can leverage the power of automation to take your crypto trading to the next level.
However, it's worth remembering that no bot is perfect, and trading always carries a certain level of risk. It's important to approach automated trading with caution, to always have a solid understanding of the market and the strategies you're using, and to do your trading on trusted exchanges (such as Binance, Coinbase, Kraken, etc).
Overall, with the right bot and a smart trading strategy, automated trading can be a powerful tool for crypto traders looking to maximize their profits and stay ahead of the curve in this exciting and rapidly-changing market.
Other Crypto Services in This Category
Here are other crypto services related to the category but not as favored by BitDegree readers yet. In my personal opinion, today there are much more optimal crypto services in the list with the higher rating that I'd recommend for the same price range or less.
Trality - Create Your Own Trading Bot
- + Free plan
- + Offers advanced tools for bot creation
- + Powerful backtesting tool
- + User-friendly interface
- - Limited amount of supported crypto exchanges
UPDATE: Trality has been discontinued as of July 31, 2023.
Trality is an Austrian-based company that provides a cloud-based platform for developing and deploying cryptocurrency trading bots. In it, traders have access to some of the best crypto trading bots available.
Founded in 2019, Trality is designed to cater to both novice and professional traders by offering two paradigms for creating bots: the Rule Builder and the Code Editor.
The Rule Builder is a drag-and-drop interface that enables beginners to construct their bot's logic and automated scripts easily. In contrast, the Code Editor is designed for Python coders to create unique algorithms for more complex Trality strategies.
The Trality platform also offers a wide range of features, including a trading bot marketplace and Monetize, a tool that allows users to customize and monetize their trading bots.
The Marketplace feature allows experienced programmers to build paper trading bots and sell them to investors, while the Monetize feature enables programmers to generate passive income by monetizing their trading strategy through custom bots.
Trality's platform offers a user-friendly and practical interface, making it easy to use for both experienced crypto traders and Python coders, as well as newbies. The platform offers thorough documentation and assistance sections to guide users in creating the best trading bots possible.
If you want to use Trality, there are different pricing plans that cater to users with different experience levels. Ranging from free to $59.99/month, all of them come with cost-free, unlimited backtesting, which allows traders to test their strategies before using them in the live market.
In summary, Trality's cloud-based platform offers a straightforward foundation for developing and deploying cryptocurrency trading bots. The Code Editor, Drag and Drop Rule Builder, Marketplace, and Monetize features enable novice and professional traders to customize and monetize their trading strategies easily.
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