Gunbot Review

Every advanced crypto trader knows the feeling: once your trading volume and activity ramp up, having to constantly tweak your trading strategy by hand and watch the market trends like a hawk starts to get old quickly. If you’re looking for a new tool to help you keep up with price fluctuations without treading it like a full-time job and execute trading strategies with laser-like precision, this Gunbot review is just what you need right now!

Launched in 2016, Gunbot is an automated crypto trading powerhouse with a whole array of advanced features and customization options to help carry out the most popular crypto trading strategies or create your own unique one on multiple crypto exchanges simultaneously, including major household names like Binance and Bybit.

It has to be said, however, that this trading bot comes with a bit of a learning curve: its extensive customizability and other advanced features, combined with self-hosted setup and steep pricing, make it more of a specialized product better suited for some traders than others. In my Gunbot review, I’ll do my best to explain if this bot is the right choice for you, and if not, what other alternatives to check out.

Gunbot Review: A Quick Overview

Before diving into the ins and outs of Gunbot, here’s a quick snapshot of its key features:

Table: A Quick Overview of Gunbot

Feel free to refer to this cheatsheet at any point while reading this Gunbot review, or afterwards if you need a quick recap!

Who’s Gunbot For?

I’ve already hinted at what type of user would get the most bang for their buck out of Gunbot, but let me come back to this and elaborate. With Gunbot’s upfront pricing options, you’ll want to make sure this tool fits your needs before taking the plunge.

• Advanced Traders. It goes without saying that, with its plethora of customization settings, Gunbot was definitely made with pros in mind.
• DIY Strategy Builders. Gunbot allows users to not only customize existing strategy presets but also create their own strategy completely from scratch using built-in coding and AI tools.
• Maximum Profit Seekers. Trading bots routinely outperform human trading in both traditional and crypto finance ^[1], so if you're keen to get ahead, automated trading is a must.
• Multi-Exchange Traders. Gunbot supports most of the major exchanges, such as Binance, Kraken, and Bybit. What’s more, the Pro and DeFi licenses allow running Gunbot on more than one exchange at a time.
• Privacy-Focused Users. This bot has no cloud version and is local-only. Aside from Gunbot, trading bots that offer the option of self-hosting are few and far between, so that’s a huge bonus for users who put privacy first and prefer a high degree of control.
• Cost-Conscious Long-Term Users. Users who’re starting to resent the “subscription creep” will be happy to hear that Gunbot offers an upfront one-time payment with free lifetime updates.

That said, if you’re a crypto beginner who’s trying to dip their toes into automated trading, don’t close this Gunbot review just yet! While this bot might feel overpowered for your needs right now, the entry-level plan could be an affordable gateway into the possibilities of crypto bots. It comes with pre-configured trading strategies that work right out of the box with no further customization or know-how needed.

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Advantages

After taking Gunbot out for a spin, here’s what I liked the most:

• 20+ preconfigured trading strategies;
• Advanced customization options;
• Compatibility with most major exchanges;
• High degree of privacy and control;
• Extensive monitoring and analytics tools.

While Gunbot might have a rather steep learning curve, there’s no reason to fear it if you’re not the tinkering type and will be satisfied with default settings. This tool comes with ready-made bot presets offering 20+ variations of the most popular trading strategies, such as stepgrid, Bollinger Bands Strategy (BB), MACD, and more, preconfigured with the best Gunbot settings for optimized profits.

On the other hand, those who want to venture off the beaten path will be treated to an entire metaphorical cockpit with knobs and levers to fine-tune any strategy to your liking. You can adjust indicator values, risk levels, entry and exit points, and stop-loss settings, and even set up real-time tweaks with dynamic AutoConfig. If this doesn’t suffice, there’s an option to script new strategies from scratch.

When it comes to exchange compatibility, Gunbot knocks it out of the park with support for 22 major crypto exchanges and counting. You’ll find virtually every A-list platform, including Binance, Bybit, Kraken, Coinbase, and KuCoin. On most of them, Gunbot is available for spot and futures trading and supports executing external alerts. If you’re on the Pro plan or higher, you can run Gunbot on 3+ exchanges simultaneously.

Gunbot’s power features don’t end on the execution side, though. Gunbot Trading View integration, embedded right into the main interface, lets users take advantage of its charting tools and indicators without leaving the bot. In addition, there’s a backtesting functionality to simulate the results of a certain strategy without having to commit your funds first, and an option to set up Telegram notifications about filled orders.

Last but not least, in the era of cloud apps, Gunbot goes against the grain by offering a self-hosted experience. It runs locally on your own computer, meaning that your API keys and trading data stay completely private and aren’t subject to the risk of major hacking attempts that target the servers of large centralized platforms.

Limitations

There’s a lot to like about our trading bot in question, but it still doesn’t quite tick every box. Here are the main shortcomings I found to be worth mentioning in this Gunbot review:

• High upfront cost;
• No cloud version;
• Limited mobile support.

While Gunbot’s team gets a lot of deserved praise for their commitment to free lifetime updates and not roping their users into another endless subscription cycle, this model has its own downsides, too. The cheapest Gunbot license costs $59, which is probably more than a lot of beginner crypto traders are prepared to shell out for a product that’s likely to be an overkill for their needs. On the plus side, though, there’s an option to try a live demo with USDT and BTC pairs.

Another feature that could be considered a double-edged sword is Gunbot’s local-only setup. For all its vulnerability to centralized attacks and privacy concerns, a cloud version would undeniably win out in the convenience department. Some advanced apps and platforms offer both, but sadly, Gunbot isn’t among them.

Being oriented towards desktop users also results in inadequate mobile support. Even though you can run Gunbot from your phone or tablet remotely, the mobile Gunbot app is only available for the DeFi license and has limited functionality. For other users, there’s a way to access the web version on mobile, but having tried that, it's clear that the small screen isn’t exactly the intended medium to interact with this advanced trading bot.

Trading Features

The purpose of a trading bot is to automate trading according to various parameters as a way to execute trading strategies with more convenience and precision than you’d be able to do manually – and Gunbot definitely doesn't miss the mark here. This is what you’ll find in this advanced trading bot:

• Unlimited trading pairs;
• 20+ preconfigured trading strategies;
• Extensive strategy customization options;
• New strategy creation with JavaScript & AI;
• Combination of manual and automated trading;
• TradingView integration;
• Telegram alerts.

One of the best things about Gunbot is no restrictions on trading pairs. You can open as many positions with different markets as you want. After all, the larger the scale of your trading, the more of a lifesaver automation becomes!

If you prefer to stick to the tried-and-true conventions, Gunbot has got you covered: you’ll find 20+ ready-made trading strategies, such as gridbots, MACDH, EMA spread, Average Directional Index (ADI), and more. These Gunbot strategies can be fine-tuned with over 150 configurable parameters.

If you’re using this bot, however, chances are that even the best Gunbot settings out of the box won’t be enough for you. For that purpose, Gunbot comes with powerful tools to adjust them as you see fit:

• Flexible Price Trailing. Optimize entry and exit points by reacting more intelligently to market movements. Instead of trailing the price with a static offset (like always following 2% behind), Gunbot modifies the trailing distance based on volatility, price momentum, and recent market behaviour.
• Enhanced Indicators. Integrate popular indicators like ADX, RSI, Stochastic, StochRSI, MFI, EMA, EMAspread, and more to refine your entry and exit points.
• Dynamic AutoConfig. Automate on-the-fly strategy adjustments based on real-time market conditions without restarting the bot or manually changing settings.

Having said that, there will probably be times when even the best tailoring won’t cut it anymore – in which case, Gunbot lets you craft your own strategies from the ground up. You can define trade conditions using JavaScript while Gunbot takes care of connecting to exchanges, collecting data, and executing trades. What’s more, Gunbot’s API integration opens up possibilities to utilize data from external sources.

That’s all well and good, you might say – but what if you’d like to take the wheel occasionally? You’re in luck – Gunbot supports the hybrid approach of using a combination of both manual and automated trading. For example, you could set up custom alerts for your manual pattern recognition (e.g., RSI crossover or MACD breakout) and make Gunbot wait for your signal before it automatically executes your predefined buy/sell strategy.

This is where the Gunbot TradingView integration enters the picture. Seeing the chart embedded in the main interface makes it much easier to visualize your trading strategy, and you’ll be able to fine-tune it directly from the chart view or execute alerts using the TradingView webhook listener.

The integration allows you to customize how charts are displayed and analyzed within Gunbot. Whether you prefer a particular layout, color scheme, or specific indicators, Gunbot gives you the flexibility to tailor the charts to your trading style.

If you’re more of a “set it and forget it” type of user, Gunbot has another neat feature: Telegram integration. Instead of having to open the desktop app to see if your Gunbot strategies are paying off, you can set up Telegram alerts to notify you about executed trades, subscribe to periodic overviews of your profit/loss data for each trading pair, or quickly adjust bot settings.

User Experience

With all this complex trading functionality, a user-friendly interface can go a long way in making Gunbot feel more approachable. Writing this Gunbot review gave me an opportunity to explore all of its metaphorical nooks and crannies, and I have to say that, for such an advanced platform, its user experience turned out to be pretty intuitive for the most part.

As I mentioned earlier, Gunbot is definitely a desktop-first type of platform. It can only run locally, so it needs to be installed and set up on a computer. Gunbot is available for Windows, macOS, and Linux, as well as a web version (once you install it), which is the only way you’ll be able to use it on mobile if you’re on one of the cheaper Gunbot licenses that don’t include a mobile app.

During the setup, you’ll be asked to choose between the Basic and Advanced Mode, depending on the amount of complexity you need. Basic Mode features a simplified interface with a dashboard showing key trading data and minimal settings; it should be more than enough for beginners using it for spot trading. In contrast, Advanced Mode’s dashboard comes with a lot more in-depth trading performance and history data.

Gunbot’s flexibility makes it easy to manage all of your trading activities both together and separately. Want to pause all of your trading activity to make major adjustments to your overall trading setup? Simply navigate to the main dashboard and click [Stop Trading]. Alternatively, you can hit pause for specific pairs and resume trading for all or some of the pairs.

Of course, Gunbot’s user experience isn’t down to just the bot itself: since it’s connected to crypto exchanges, their performance will inevitably affect Gunbot. Luckily, it has some safeguards for frictionless downtime management in case one of your exchanges is experiencing disruptions. Once the exchange is back online, the bot reconnects to it automatically and resumes trading activities based on the predefined strategies and any adjustments you made during the downtime.

Compatibility & Exchange Support

At the end of the day, a trading bot is only as good as its compatibility with crypto exchanges – after all, it can’t function independently on its own! And when it comes to Gunbot, crypto reviewers often gush about its long list of supported exchanges. As of writing this, it includes 20+ crypto trading platforms, with new ones still being added:

Table: Gunbot-supported exchanges (2025)

As you can see, not every exchange has Gunbot support for all of the available trading options: most support spot trading, but futures trading is less consistent across the list. As for supported cryptocurrencies, there’s no separate list: as long as the exchange itself provides a certain trading pair, you can trade it with Gunbot, as well.

And one more thing that gives this trading bot a major upper hand compared to many alternatives: it supports trading on several exchanges simultaneously. At least the more expensive versions do; the Standard license only allows 1 exchange, but the Pro plan includes 3 exchanges, and the DeFi license offers an unlimited number of exchanges.

Security

Not all Gunbot reviews mention the security aspect, but in my view, it’s always a relevant factor when it comes to crypto trading. If you’re wondering, “Is Gunbot legit?”, let me reassure you – it has quite a few advantages in this department.

The self-hosting alone provides a degree of protection you won’t find on cloud-based platforms. While setting it up locally might feel like a hassle, it’s definitely worth it purely from the security angle. By running Gunbot on your own hardware instead of relying on centralized servers, you’ll retain full control over your bot’s security and uptime and won’t be exposed to common vulnerabilities like the risk of a major hacking attack.^[2]

Users who put privacy concerns first will be happy to find out that, unlike many other platforms, Gunbot doesn’t collect any personal data. There’s no tracking or data harvesting behind the scenes – your trading activity remains completely anonymous and private.

Since Gunbot runs on your own computer, your API keys, too, are stored locally on your device, meaning they never leave your control and are safe from unauthorized access. They’re also fully encrypted.

Aside from these measures, Gunbot employs two-factor authentication (2FA) when logging in, adding an extra layer of security.

Pricing

I’m not going to mince words here: your views on the subscription VS one-off payment model are likely to play a key role in whether or not to use Gunbot. Crypto reviewers generally put this trading bot’s free lifetime updates and lack of monthly/annual fees in the “pros” sections, but some people will probably have mixed feelings about this.

Gunbot has 3 different pricing plans, depending on the functionality you need:

Table: Gunbot pricing plans (2025)

Here’s what it all boils down to:

• The Standard plan is an excellent entry point for new traders who’re only just dipping their toes into automated crypto trading. It can only be used on one exchange at a time, and lacks the advanced customization options that are Gunbot’s main selling point.
• The Pro license adds 2 more API slots (that is, an option to run it on 3 exchanges simultaneously) and backtesting, but the price increase might be too steep to justify it unless you absolutely need the aforementioned features.
• The DeFi version includes support for DeFi trading, unlimited exchanges, a dedicated mobile app, and the full package of Gunbot’s advanced strategy customization options.

Other than Gunbot, trading bots that can be bought once and used indefinitely with no regular fees and lifelong free updates aren’t exactly plentiful – so if you’re sick of “subscription fatigue”, Gunbot might just be one of the best options for you!

Customer Support

While trading bots might not be as issue-prone as crypto exchanges, where funds are regularly transferred to and from, chances are that, sooner or later, you’ll run into an obstacle. The good news is that Gunbot offers plenty of support options.

To begin with, new users can take advantage of Gunbot’s extensive knowledge base and FAQ section: you’ll find articles on just about any use case or related topic you can think of, including step-by-step setup tutorials and guides on how to use Gunbot with the most popular exchanges like Kraken or Bybit.

For issues that can’t be easily DIY’ed, there’s the live customer support team to help you out. Contacting them through email automatically creates a support ticket for your issue. Here’s the recommended structure:

• A Detailed Description. Clearly describe the problem you're experiencing.
• License Number. This helps verify your account quickly.
• Screenshots. Including a screenshot with an error message can help clarify the issue you're encountering.
• Relevant Logs. Include the beginning of the error from the log window, especially a few lines above the error message. This is crucial for debugging.
• Safe Config Export. If relevant, include a safe export of your bot configuration.
• Additional Files. E.g., pair state files from the /json folder, which contain data essential for strategy execution.

According to the Gunbot website, support is most active during European business hours, and most queries are answered within the same day (although some Gunbot reviews I’ve seen reported much longer waiting times).

How to Get Started With Gunbot

Let me give you a heads-up here: setting up Gunbot will take a bit more time and effort than signing up on a crypto exchange or connecting your wallet to a DeFi swapping platform! Fortunately, Gunbot’s Setup Wizard makes the onboarding pretty straightforward.

Download Gunbot & Set it up on Terminal

Here’s how to get started with Gunbot on macOS:

That’s it for the initial part! Now you’re ready for the actual setup.

Configure Gunbot With Setup Wizard

Once the setup panel is up and running, follow these steps:

Here’s some advice for the best default settings:

• Opt for the "stepgrid strategy" for both buying and selling. This strategy is designed for a consistent trading pattern, suitable for frequent, smaller trades.
• Set the trading limit to 50 (2500 / 50 = 50 USDT per trade). This helps in managing your investment effectively.
• Restrict the max investment to 2500 USDT to prevent the bot from exceeding your designated limit.

When you’re done, click [USE THESE SETTINGS], then [SAVE PAIR SETTINGS] and [NEXT].

This is it! Gunbot is fully up and running, and you’re now ready to start automating your trades.

Best Alternatives

With all its advanced functionality and extensive exchange support, is Gunbot legitimately the best crypto trading bot out there? That remains to be seen! It certainty has no shortage of competitors vying for the same status, among which are bots from some of the most popular centralized exchanges.

Binance Trading Bot

As of writing this, Binance is arguably the biggest name in the crypto landscape, with over 270 million active users and a daily trading volume of $6.2 billion. This exchange has a number of integrated bots that are free to use with no additional fees and are well-suited for both beginners and experienced traders.

There are 8 types of trading bots on Binance, depending on the strategy they’re designed to automate:

• Spot Grid
• Futures Grid
• Arbitrage Bot
• Rebalancing Bot
• Algo Order
• Futures TWAP
• Futures VP
• Spot DCA

You can set them up in just a few clicks or spend some more time fine-tuning them for a more customized approach.

And if you need some more inspiration, feel free to browse through the Binance Bot Marketplace, which displays bots for specific trading pairs created by other users. They can be filtered and sorted based on metrics such as Highest ROI, Highest PNL, and Most Copied. To deploy a bot, users can choose between Auto mode, which requires minimal input, or Manual mode, allowing for parameter customization.

Binance trading bots are, naturally, the most convenient option for traders who’re already using the Binance exchange and prefer a built-in solution without a complex installation process or too many bells and whistles to get lost in. Another huge bonus is that, unlike Gunbot, these trading bots are completely free to use: the only fees involved are the exchange trading fees.

📚 Check Out: Binance Trading Bot Review

Bybit Trading Bot

Another leading exchange, Bybit features its own trading bot platform, with plenty of options for users of every level. Its standout benefits are AI tools for bot creation and an intuitive onboarding process.

Bybit offers 5 types of trading bots (all completely free to use):

• Futures Grid
• Futures Martingale
• Futures Combo
• Spot Grid
• DCA

Bybit’s Trading Bot homepage has a handy comparison tool and a quick questionnaire to help inexperienced users choose the best trading bot for their needs. In addition, there’s a Daily Pick section that showcases the most popular bots of the day and Hourly Top Picks.

For those who want some more guidance, Bybit’s Aurora AI integration offers personalized strategy suggestions based on a trader's specific objectives and risk tolerance. It continuously analyzes market conditions and makes dynamic strategy adjustments.

There’s one more feature that deserves a shout-out: the Loss Cover Voucher. Everyone knows crypto trading isn’t without its risks, and new traders in particular can be a bit hesitant about diving into automated trading with no safety net. You can claim multiple Vouchers simultaneously simply by heading over to the Rewards section. They’re eligible for trading bots that are settled in USDC or USDT once the bot has been terminated.

📚 Check Out: Bybit Trading Bot Review

Conclusions

Crypto trading bots have become a popular tool for dedicated traders, especially those juggling multiple positions on different exchanges while trying to execute complex trading strategies. If you came across this Gunbot Review hoping to discover a better alternative to manual trading, this app offers exactly that and more!

Gunbot is a powerful, all-in-one hub for automating your crypto trading across multiple exchanges and trading pairs. It features preconfigured popular trading strategies, advanced customization options, and in-depth analytics tools to keep track of your results and tweak the parameters as needed.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Cho K., Nam K., Jung J.: 'Blessing or Curse: Impact of Algorithmic Trading Bots Invasion of the Cryptocurrency Market';

2. Hrgarek L., Zlatolas L. N.: 'Software Self-hosting: A systematic review of quantitative research'.