cryptocoingossip

Crypto trading is difficult, especially if you’re doing crypto trading without any prior knowledge.

In this growing crypto market where there are more than 10,000+ crypto assets and over 400K crypto tokens, even with the crypto knowledge, it is hard to find the correct trading opportunity. If you do, then it is hard to execute at the correct time.

But don’t worry. You can automate the process by using a crypto trading bot.

A crypto trading bot is an application or computer program that you authorize to buy or sell crypto when the price reaches a specific point. Your bot takes care of placing and executing the order, so you don’t have to monitor price movement on your platform for finding a profitable price.

Here I listed crypto trading bots that execute trade free of cost to some extent. If you cross the limit, then they charge annually or monthly.

1. Cryptohopper.

Cryptohopper is an easy to use feature-rich trading bot platform.

I liked their arbitrage trading tool, which allows you to take advantage of price differences between exchanges or pairs. You can do exchange arbitrage between exchanges without sending funds from one exchange to the other.

Apart from this, you can customize your technical analysis strategy using their technical indicator. Plus, you can make use of both algorithmic and social trading to maximize profit.

You can also do paper trading using cryptohopper to learn crypto trading.

For security, your account is protracted with industry-leading protocol; on top of that, you can set up 2FA.

You can use cryptohopper for free up to 20 positions with limited features after they charge $19 to $99 per month.

Currently, cryptohopper support the below exchanges.

iOS and Android apps are available.

2. Trade Santa.

Trade Santa is a cloud-based crypto trading software that seeks to simplify crypto trading using customizable bots.

Trade Santa is for both beginner and experienced traders where you can customize your own bots according to experience and skills.

Also, you can place large volume orders without any slippages and enjoy automated trading strategies for long & short positions.

To launch your bot, Trade Santa provides you with a pre-set template, technical indicators, profit targets, and real-time tracking. If you’re an advanced trader, you can use their Grind and DCA bots.

Initially, you can use Trade Santa free for three days. Then you have to pay $14 or $20 or $30 per month depending upon which plan you choose.

You can set up 2FA on your account for safety.

Below are the exchanges Trade Santa supports.

Android and iOS apps are available.

3. 3Commas.

3Commas is a well-known crypto trading platform offering trading bots, smart trading terminals, and social trading.

With 3Commas, you don’t need to customize your trading bot to maximize profit. Instead, you can copy a bot that provides maximum profit for other traders.

Apart from copying the bot, you can also create a variety of bots such as DCA bot, Grid bot, Options bot. Using these bots, you effectively make your trading strategies and use features like trailing stop-loss & trailing take-profit to get the maximum out of the trade.

3Commas supports 18 exchanges offering four plans, including a free plan which have every feature of premium plans but with limitations; premium plans start with $29, $49, and $99 per month with an annual payment option available.

For security, you can set up 2FA and login alerts.

4. Shrimpy

Shrimpy is not a platform that builds bots for trading, and it is not free.

Shrimpy is for advanced traders to manage their portfolios.

They offer a ton of features such as fancy indicators, social trading, and portfolio automation using their bot that provides every possible signal and statistic.

Even though they have a bot in place for automation, you can also do long term portfolio management through simple automation like rebalancing, dollar-cost averaging, and stop loss.

You can set up 2FA for security.

And as I stated, Shrimpy is not a free tool; they offer three plans: starter, professional, enterprise, which cost $19, $79 and $299 per month respectively with an annual payment option.

5. Pionex.

Pionex is a crypto exchange offering auto trade with 16 built-in bots.

That includes Grid Trading Bot, Spot Futures Arbitrage Bot, Dual-coin Rebalancing, Leveraged Grid Bot, Margin Grid Bot, Reverse Grid Bot, Leveraged Reverse Grid Bot, Infinity Grids, Smart Trade, Trailing Sell, Trailing Buy, Dollar-cost Averaging, TWAP and more.

These bots are enough for your trading requirements; however, you can’t customize the bot according to your trading strategies.

Pionex became one of the fastest-growing crypto trading platforms globally, aggregating the liquidity from Binance and Huobi near the ticker price. Pionex is one of the biggest brokers of Binance and one of the biggest market makers of Huobi in the world.

They also received the licence from FinCEN as Money Services Business and Singapore MAS.

Pionex does not charge you for using a bot, but there is a flat trading fee of 0.5% per trade, both as a maker and taker fee.

An Android app is available.

6. Coinrule.

Coinrule is a beginner-friendly platform for automated crypto trading.

You don’t need to have any technical expertise to automate trading on Coinrule. Just connect the exchange you want to trade and deploy the rule, which works via If/Then prompts, including trading strategies such as stop-loss, take profit, buy the dip/breakout, maximization, and accumulation methods.

Don’t get confused, because rules are just like a bot that deploys your instructions, and the interesting part is you can use the coinrule for free to some extent, then the platform offers you three plans of $39, $79, and $499 per month, with an annual payment option available.

For security Coinrule stores all the exchanges API keys using 256bit AES encryption, and each user’s private key is stored on detached data storage which is encrypted with AES-256.

List of supported exchanges.

7. CryptoHero.

CryptoHero is an AI-powered trading bot provider supporting multiple exchanges.

There are 45 Bots available powered by AI technology and proprietary algorithms. So you don’t have to have technical know-how about trading.

You just set both entry and exist conditions for your position and can also use technical indicators like Bollinger Bands (BB), Exponential Moving Average (EMA), Relative Strength Index (RSI) Stochastic RSI (SRSI), to check price trends, market volatility and asset value, then deploy the bot.

Even AI-powered bots run simulations so that you know which option is best, plus you also have the options to run your bots through backtest strategies. Backtest shows how your trading strategy measures up against historical data.

The best thing about CryptoHero is you can use any one bot for absolutely free to test or learn trading skills. To move further, they have two plans, premium and professionals, which cost $13.99 and $29.99 per month with an annual payment option available to reduce the price.

You can enable 2FA to secure your account.

Supported exchanges list.

8. Quadency.

Quadency crypto management platform where you can connect exchanges to manage a portfolio, make trading strategies and many more.

The platform is both for beginners and experienced users.

Quadency has more than twenty trading bots in place for helping you make more profit with crypto trading, or you can also code their custom trading strategies with Python programming.

Plus, you can use the backtesting feature for testing the configurations of trading strategies.

The best part of Quadency is you can use Quadency for free of cost, where you get twenty bots with backtesting and 24/7 support up to a certain trading limit, then you have to pay a subscription cost which is $49 or $99 per month.

For security, they apply different levels of encryptions for your account and APIs. You can also enable 2FA.

List of supported exchanges.

• Binance
• Bitfinex
• Binance US
• Coinbase Pro
• Kraken
• OKEx
• Kucoin
• HitBTC
• Liquid
• Gemini
• Poloniex
• Bittrex

9. Trality.

Trality is a cloud-based web app that lets you create crypto trading bots.

You can create a trading bot easily by using their drag-and-drop interface, or if you know python programming, you can use their code editor to create your own bot.

And another advantage of Traility is they offer paper trading and backtesting capabilities. So you can see how trading strategies and algorithms would have performed historically and then practice trading using virtual money before you commit any funds.

They launched a Traility marketplace for bots where you can rent out or follow or list your bot in the marketplace.

Traility also offers end-to-end and in-browser encryptions meaning every strategy you use can be set to hide from everyone, even from Trality.

To use Trality, they have four plans, the first one is a free called pawn which can be used up to €5,000 with one bot. Other plans are knight, rook, and queen cost you €9.99, €39.99, €59.99 respectively, annual payment options available.

List of supported exchanges.

• Binance.
• Coinbase.
• Kraken.
• Bitpanda.

10. Bitsgap.

Bitsgap is a crypto management platform offering many crypto services like portfolio management, trading and many more.

For crypto trading, they have bot trading features offering predefined trading strategies based on successful backtest results, and you can also create your automated trading strategy with just a few clicks.

But mainly, there are two bot strategies available on Bitsgap. One is the ‘Classic’ bot that at each level buys and sells the same quantity of the base currency; another is the ‘SBOT’ strategy that buys and sells different amounts of the base currency at each grid level.

You can check bot performance and backtest your trading strategy to check its effectiveness in the actual market situation using TradingView charts.

For security, they encrypt all the APIs and use RSA 2048 encryption on all their services.

To use all the Bitsgap features, they offer three plans Basic will cost you $29 per month, Advanced cost you $69 per month, and Pro cost you $149 per month, or you can take any plan for six months to save 17% plus there is a 7-day free trial available.

Supported exchanges.

11. Botcrypto.

Botcrypto is a web-based platform offering crypto trading bots.

With Botcrypto, you can use their bot, or you can create one.

In their Botcrypto store, there are more than sixty strategies that can help you get started with trading, or you can create your own strategy without coding using their visual editor, and you can also share them to help others.

Their backtesting engine allows you to try your strategies using past data. You have to select the strategy name, exchange, pair, and volume.

They encrypt APIs with state-of-the-art security (AES-256) and offer 2FA.

There are five plans to use Botcrypto, including a free one and $12.49, $37.49, another $74.99 per month plan with an annual payment option. They also have custom plans for experienced traders.

List of supported exchanges.

• Binance.
• Kraken.

12. Zignaly.

Zignaly is an automated crypto trading platform offering bot services.

With Zignaly, you can create your bot using your strategies and signals; or you can use TradingView to create your buy and sell signals and import them into Zignaly.

Using Zignaly bots, you get tons of benefits like unlimited coin pairs, trailing stops, accept multi-targets form signals, DCA rebuy strategy options and many more.

If you don’t have any expertise in crypto trading, then Zignaly allows Copy Trading where you can choose top-performing crypto traders and automatically “copy” all of their trades. When they trade, you trade.

The best thing about Zignaly is you can use all the features for free! Yes, totally free of cost. However, they have the profit-sharing model in place, meaning you have to pay a portion of your trade profit to Zignaly. If you make a loss, then you don’t have to pay.

They use RSA encryption for APIs and have a 2FA option.

Supported exchanges.

• Binance.
• KuCoin.
• BitMex.
• VCC Exchange.
• FTX Exchange (not yet supported).

Conclusion.

These are all the platforms that allow you to trade cryptocurrencies automatically using a bot for free.

So which one are you going to use? Is it 3Comma, or Trade Santa, or Zignaly?

Mention your choice in the comments.