As a crypto enthusiast, you would have surely heard of AI crypto trading bots. In the past few years, many traders and investors have started using these trading bots heavily. In this blog post, we uncover the 15 best AI crypto trading bots that you can choose to unlock countless profitable opportunities.
Introduction
In today’s fast-paced, technology-driven world, artificial intelligence (AI) is making significant changes across various industries, transforming the way we live and work. From healthcare and finance to transportation and entertainment, AI is streamlining processes, enhancing efficiency, and providing unprecedented insights. Now, this hottest technological revolution has also entered the crypto world, reshaping and challenging the traditional norms of cryptocurrency trading. You may wonder why these AI trading bots are popping off in this industry.
Well, to find out the answer, read this detailed blog post. Besides clearing your queries, we also cover 15 of the best AI crypto trading bots. But before delving into these topics, let us first make you understand what exactly AI crypto trading bots are.
Understanding AI Crypto Trading Bots
AI crypto trading bots are sophisticated software programs that leverage algorithms and ML (Machine Learning) to analyze market data, predict trends, and execute trades on your behalf.
This means that these crypto trading bots perform all the necessary tasks, including checking expert trading strategies, which an investor needs to do to elevate their profits.
AI crypto trading bots are like a personal assistant who never sleeps, constantly monitoring the crypto market and making informed decisions to maximize your profits. These bots have the ability to process small to large amounts of data at lightning speed – something that would be impossible for a human trader (whether an expert or beginner) to achieve.
Benefits of Using AI Crypto Trading Bots
Since you’ve understood AI trading bots, let’s discuss their primary benefits.
24/7 Trading
To stay in the trading game, it is necessary to keep an eye on the trading chart all around the clock. However, a human cannot do this challenging task. And that’s where AI crypto trading bots enter the chat. AI trading bots can continuously monitor market conditions and execute trades at any time of the day or night.
‘The cryptocurrency market never sleeps, and neither do these bots.’
Emotion-Free Trading
As a human, you can sometimes be influenced by emotions such as fear and greed. These emotions can lead to either a wrong decision or a right one. But one wrong decision can put all of your hard work at risk. Unlike human traders, AI trading bots facilitate emotion-free trading based solely on data and algorithms.
Speed and Efficiency
The cryptocurrency market only respects people who respect time. The market will push you ten steps back if you’re one step late. Using an AI crypto trading bot can enhance your speed and efficiency, leading to better trading results and increased profitability. AI trading bots can execute trades within milliseconds, taking advantage of even the smallest market movements.
Consistent Performance
One of the primary benefits of AI crypto trading bots is their ability to perform consistently over time, maintaining the same level of performance. They do not suffer from fatigue or burnout.
15 Best AI Crypto Trading Bots
Reading this, beginner crypto enthusiasts might be excited to use AI crypto trading bots. Meanwhile, seasoned investors might be confused about which trading bot is the best one.
Well, don’t worry, guys!
‘The Blockchainist’ Team has ranked 15 of the best AI Crypto Trading Bots. Read all of this to select an ideal one.
1. CryptoHopper
First up, we have CryptoHopper, one of the best AI crypto trading bots. It is an AI-powered crypto trading bot that is compatible with up to nine leading exchanges (including Binance, Coinbase, Pro, Kraken, Cryptopia, and more) and 75 cryptocurrencies.
Moreover, it enables free-of-charge trading bots, allowing you to create and test your own crypto bots.
Launch: 2017
Top Features:
- Algorithmic Trading
- Intuitive Testing
- Backtesting
- Marketplace for Strategies
- Paper Trading
- Trailing Stop Loss
- Good Customer Support
Pricing: Free and Paid Plans Available
2. 3Commas
There’s no argument to say, ‘3Commas is the most technologically advanced trading bot’. You can manage assets across 16 major crypto exchanges, and that too, from just one interface. It offers flexibility and time efficiency like no other.
Launch: 2017
Top Features:
- Smart Trading Terminal
- Grid Bot and DCA Bot
- Portfolio Management
- Paper Trading
- TradingView Integration
Pricing: Free and Paid plans available
3. HassOnline
HaasOnline is known for its high-frequency trading capabilities and extensive customization options. It supports over 20 exchanges and provides a wide range of technical indicators for strategy development.
Launch: 2014
Top Features:
- High-Frequency Trading
- Customizable Indicators
- Backtesting
- Paper Trading
- Scalping Bot
Pricing: Paid (with various subscription plans)
4. Bitsgap
Bitsgap is another great option for the best AI crypto trading bots. This platform offers a myriad of benefits and provides a user interface suitable for both beginners and seasoned professionals. You can use Bitsgap with 30 different major crypto exchanges, including Binance and Kraken. Moreover, it can access over 10,000 crypto trading pairs.
Launch: 2018
Top Features:
- Arbitrage Trading
- Portfolio Management
- Grid and DCA Bots
- Signal Service
- Integrated Trading Terminal
Pricing: Paid (with various subscription plans)
5. TradeSanta
There was a time when TradeSanta was used to be the leading AI crypto trading bot. But, due to rising competition, it has to lose its throne. However, TradeSanta is still counted as one of the reliable platforms for AI crypto trading. The best thing about TradeSanta is its ease of functioning. You don’t need to follow any complex steps to leverage its services.
Launch: 2018
Top Features:
- Grid Bot and DCA Bot
- Risk Management Tools
- Cloud-Based Platform
- Pre-Set Trading Strategies
- Real-Time Monitoring
- No Heavy Limits on Volume
Pricing: Paid (with a free trial available)
6. Shrimpy
Shrimpy is a social trading platform that enables users to automate their portfolio management and copy the trades of top-performing traders. Its AI-driven rebalancing strategies help optimize portfolio performance.
Launch Date: 2018
Top Features:
- Social Trading
- Automated Portfolio Rebalancing
- Indexing
- Backtesting
- Performance Analytics
Pricing: Paid (with a free plan available)
7. Zignaly
Zignaly allows users to automate their trading strategies or follow professional traders through its copy trading feature. It offers unlimited trading pairs and positions, making it a versatile option for diverse trading needs.
Launch Date: 2018
Top Features:
- Copy Trading
- Unlimited Trading Pairs
- Signal Integration
- Trailing Stop Loss
- Integrated with Major Exchanges
Pricing: Free and Paid plan available
8. Gunbot
Gunbot is a highly customizable trading bot that supports multiple trading strategies and technical indicators. Its flexible configuration options make it suitable for both novice and experienced traders.
Launch Date: 2016
Top Features:
- Multiple Trading Strategies
- Technical Indicators
- Backtesting
- High Customizability
- Multi-Exchange Support
Pricing: Paid (with one-time payment options)
9. Quadency
Quadency provides a unified trading platform with pre-built bots and advanced charting tools. Its backtesting and portfolio analytics features help traders refine their strategies for better results.
Launch Date: 2018
Top Features:
- Pre-Built Trading Bots
- Advanced Charting Tools
- Backtesting
- Portfolio Analytics
- Unified Trading Dashboard
Pricing: Free and Paid plans available
10. Coinrule
Coinrule is designed for traders who want to create automated trading rules without coding. Its user-friendly interface and wide range of templates make it easy to set up and execute complex strategies.
Launch Date: 2019
Top Features:
- No-Code Strategy Builder
- Wide Range of Templates
- Backtesting
- Real-Time Market Data
- Custom Alerts
Pricing: Free and paid plans available
11. CryptoTrader
CryptoTrader is a cloud-based trading bot that offers strategy automation, backtesting, and market analysis. Its marketplace allows users to buy and sell trading strategies, catering to different trading styles.
Launch Date: 2013
Top Features:
- Strategy Automation
- Cloud-Based Platform
- Backtesting
- Market Analysis
- Strategy Marketplace
Pricing: Paid (with various subscription plans)
12. Kryll
Kryll is a visual strategy builder that enables users to create, backtest, and deploy trading strategies without coding. Its drag-and-drop interface and robust analytics make it a popular choice among traders.
Launch Date: 2018
Top Features:
- Visual Strategy Builder
- Backtesting
- Drag-and-Drop Interface
- Robust Analytics
- Strategy Marketplace
Pricing: Paid (with a free trial available)
13. NapBots
NapBots offers a subscription-based service with pre-configured trading bots and strategies. Its AI-driven approach and easy integration with significant exchanges provide a seamless trading experience.
Launch Date: 2018
Top Features:
- Pre-Configured Bots
- AI-Driven Strategies
- Easy Exchange Integration
- Backtesting
- Performance Analytics
Pricing: Paid (with various subscription plans)
14. Botcrypto
Botcrypto is a renowned, fully featured crypto trading bot software specially designed for startups and SMEs. It allows users to create and customize trading bots using a visual editor. Its backtesting and simulation features help traders fine-tune their strategies before deploying them in live markets.
Launch Date: 2017
Top Features:
- Visual Strategy Editor
- Backtesting
- Simulation Mode
- Custom Alerts
- User-Friendly Interface
Pricing: Free and Paid plans available
15. Margin
Margin offers advanced trading bots with customizable strategies and risk management tools. Its comprehensive analytics and user-friendly interface make it suitable for traders looking to optimize their trading performance.
Launch Date: 2017
Top Features:
- Customizable Strategies
- Risk Management Tools
- Advanced Analytics
- Integrated Trading Terminal
- Visual Trading Interface
Pricing: Paid (with a free trial available)
Takeaway
So, that’s a wrap for this blog post. Like other industries, AI is also making significant changes in the crypto industry. But, keep in mind – do not completely rely on AI crypto trading bots to navigate your journey. At the end of the day, a human mind will be needed to make a strategic move. Explore all of these trading bots to find an ideal one catering to your needs and requirements.
Thanks for reading this blog!
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