Likewise, when the 10-period moving average crosses below the 50-period moving average, it places a sell order. You can purchase Gunbot for a one-time payment which includes unlimited updates and support. Coinigy offers a free 7-day trial, an $18.66 monthly subscription, and a $99.99 monthly subscription with priority support and Coinigy CryptoFeed® & Enterprise API access. Shrimpy has also partnered up with CoinLedger to offer a simple solution for tax reporting to its users. If you become a shrimpy user, you can sleep easy knowing that your tax reporting can be automated with this partnership. The table below has rated and compared our list of the top crypto bot platforms.

Specialist crypto arbitrage bots are designed to track price movements and differences across exchanges and then execute the necessary trades. Trading bots are computer programs that log in to crypto bot cryptocurrency exchanges and automatically make trades on your behalf. Check which exchanges the trading bot supports and whether it offers trading pairs relevant to your investment strategy.

Their bot is designed to be easy to use for both beginners and experienced traders, and it automates and optimizes trades for maximum profit potential. The platform has a unified trading interface and advanced functionalities such as multiple entry points and stop loss orders, plus paper trading for risk-free practice. There are a lot of benefits to using automated crypto trading bots, but this software also comes with a set of challenges. Bitsgap offers a variety of pricing plans to cater to different levels of traders.

Crypto trading bots have been designed to overcome any physical or computational limitations that we as humans have. Bots monitor prices continually, never tire, have no emotions, and move quickly. In a 24 hour period it could make dozens of trades — many more than most active day trading humans.

It requires a bot because the high speed of trading can be difficult for a human to execute effectively. Market-making bots create buy and sell orders to profit from the spread between the two. This strategy is based on the statistical probability that the price of an asset will revert to its mean (average) over time. If the price deviates significantly from the mean, the bot will make trades assuming the price will return to the mean. This can be difficult to do by hand if you have a number of trades across various exchanges. Cryptocurrency tax software like CoinLedger is built to automate all of your crypto tax reporting so you don’t have to do any manual work.

These competitions create a new way for traders to engage with their favorite tokens and reap the rewards. Trading with AI can be effective, especially for automating routine tasks, executing complex strategies, and operating in markets that are open 24/7, like cryptocurrency markets. AI bots can process large amounts of data quickly and make decisions based on predefined rules, which can improve efficiency and reduce emotional bias in trading.

There are also daily limits in place depending on a user’s Know-Your-Customer (KYC) tier level. Kucoin is an international cryptocurrency exchange that launched in 2017 and tradepro-air ai-powered bot has its headquarters in Singapore. There is support for major cryptocurrency tokens, including BTC, ETH, BNB, DT, ADA, SOL, XRP, DOT, DC, DOGE, UNI, LUNA, and others.

Shrimpy then uses those portfolio weightings to constantly rebalance assets to ensure that the correct risk profile is maintained. To start using the platform, a trader must connect 3comma’s to a chosen exchange by generating an exchange API key. Although withdrawal access is never requested, API keys are still a target for malicious parties, which is why 3commas implements security features such as 2FA and notification alerts. Unfortunately, there is currently no mobile app to allow for management on the go.

Shrimpy is a portfolio management platform that also provides tools for automated trading. Shrimpy became famous for its auto-rebalancing portofolio tool, but later introduced a tool that allowed users to trade across multiple exchanges. We’ll detail the benefits that each trading bot — based on factors like pricing, ease of use, and exchange integrations. Access to all of Shrimpy’s features requires a paid subscription which is the only negative. Subscription tiers start with the $19/month Starter tier, which includes 5 cryptocurrency exchange connections, 5 portfolios per exchange account, and a 15-minute refresh time.

It offers bots for various trading strategies, including DCA, grid, buy-the-dip (BTD), and DCA futures. WunderTrading features futures spread trading, a crypto portfolio tracker, arbitrage, and multiple exchange account management with API keys. It supports turning TradingView scripts into bots that automatically execute orders at the crypto exchange of user choice. The best part is paper trading, which offers a fully featured demo account to deploy strategies and see if they work without investing a penny.

At the time of writing, the only fees were standard transaction fees charged by your exchange, but they plan to start charging a fee. The Stoic portfolio rebalances once a day and aims to perform better than the crypto market on average. On Trustpilot, HaasOnline has a rating of 4 stars, with users praising its customer support and application. The customers of this platform seem to be satisfied with its offering, and it is quite unique in its pricing model as the features aren’t split into multiple tiers, just one.

The Knight plan at €9.99 ($11.65 approx), the Rook plan at €39.99 ($46.63 approx), and the Queen plan at €59.99 ($69.95 approx). The supported coins are BTC, ETH, XRP, DOT, and many others including Altcoins. Tradesanta has a rating of 3.8 stars out of 5 on Trustpilot, with users praising its ease of use and maximum package level of utility. The reviews are generally on the side of 4.4 out of 5 stars, with people claiming that the bot does indeed work and is a bot that cuts your losses and maximizes your gains. Stoic charges an upfront annual fee of 5% of assets on your account, and if you start with the minimum account balance of $1,000, you’ll need to pay $50. Stoic was made by the Cindicator team, which was founded in 2015 and built predictive analytics through merging collective intelligence and machine learning models.

It has support for over 25 cryptocurrency brokerages, including Binance, OKEX, KuCoin, Kraken, FTX, Coinbase Pro, and others. The company was founded by four traders in London in 2022 and has since secured a $3m seed round of funding led by several major investors. 3Commas integrates with over 20 major exchanges, including Binance, Coinbase Pro, Kraken, and Bitfinex, ensuring broad compatibility and flexibility. Just as you would check reviews before buying some gadget, researching a bot’s track record and user experiences can provide valuable insights. Positive reviews and a strong community reputation often indicate reliability and effectiveness. Since its launch in 2017, the platform has maintained a spotless security record with no hacks or breaches, highlighting the priority Bitsgap places on user safety and security.