17 Best Automated Crypto Trading Bots Ranked By Readers

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2. Enter the investment amount, please note that the total investment amount is ranging from 200 USDT - 10,000 USDT. You could also choose【Multi-coins】, which allows you to use both USDT and the assets in the portfolio from your Trading Account.

I had the chance to Alpha test the bot and was able to verify my trades against it. It greatly increased my wins and gave me increased confidence in making my own trades while decreasing my FOMO. I would not only recommend this to anyone wanting to get into trading, but my friends and family as well.

NapBots is a cryptocurrency trading automation service. The platform provides a variety of its own automated bots that users can follow and subscribe to in order to generate passive cryptocurrency income over time.

Kryll is an advanced and unique cloud-based crypto trading bot in the sense that it doesn’t have a monthly subscription plan like it’s competitors, instead, you only pay for what you trade, meaning there is an added fee on top of each trade. Fees can be lowered up to 95% by purchasing the KRL token. On top of this Kryll has the most simplistic user-friendly UI for automating your trades, so no coding is required or whatsoever.

This is because they allow for many trades that are profitable, while also giving the bot time to run without its parameters having to be tweaked. If the market was consistently going up or down, the results would be a lot less consistent as the bot will have to be tweaked a lot to keep up with the market. In some extreme cases of this, the bot will not work at all and you will just lose money on it, or miss out on profits.

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Grid trading essentially means that as the price of a coin drops, you buy a little more, and as it rises, you sell a little bit, within a range you set yourself. It has a long history in the Forex markets. I personally recommend grid trading high volume crypto coins like Ethereum, Solana, Cardano, or any of the top 20 coins by Coinmarketcap, for a variety of reasons:

👉 Grid Trading is for when the market moves sideways → A Pair that has MANY and HUGE Ups and Downs, while its average price doesn’t change much over a longer period, is most certainly a GOOD pair for Grid Trading. 👉 a high "Grid Profit" means NOTHING! If a coin pumps for 100% every Grid Bot will show a nice "Grid Profit", but in reality everyone making a simple Limit-Sell, or Trailing Stop Order, would have been way better off, than anyone running a Grid. 👉 If you cancel and remake your grid because the price pumps/dumps out of your Grid-Price range >you make some loss which you don’t see. (Keep that in mind) 👉 always try to use a price range, which will hold for a while (at least a few days, better weeks) 👉 making profitable short time grids and canceling + remaking them hourly/daily is a bad strategy, even though it always shows you a good % grid profit. 👉 to evaluate if a grid is good, you need to look at more than just the grid profit. For example: if the price when you started the grid is ~ the same as the current price AND your grid made 5% it is a "good" grid (it really made 5%) If the current price is 20% higher than the start price of your grid and your grid made 10% it would have been better to just do 1 limit sell order >"not so good" grid. 👉 If people post Screenshots of their Grid profits, or you find a strategy in "Copy Trade" and think about recreating the Grid, crypto trade bot check this first: KuCoin -did the pair just pump for more than the grid profit shown? (Most of the time it’s a bad idea to recreate it then) 👉 did the grid bot run for a while, or was it created only a few hours ago (long time grids, KuCoin which have been running successfully for bot days/weeks, have more success when being recreated, kucoin than a short time grid which already "had their time") 👉 did the pair go up and down a few times while the bot was running, or bot did it run steadily in one direction. (Grid trading profits from the ups and downs in the market, if a pair doesn’t do that it’s almost always better to use another strategy or pair) 👉 only invest and run grid bots on pairs, crypto trade bot on which you think BOTH sides of the pair have a future. Regardless of how your grid goes, kucoin you will always sit on one of the 2 assets! (Ex. don’t invest in trx/eth if you think either TRX OR ETH will be dead in 2 years)

Haasonline is the original cloud-based cryptocurrency trading bot, and one of the most advanced as well in the market. This platform has it all providing you an endless amount of tools and possibilities to manage and execute your trading plan. The only downside of this software is that it is expensive and not beginner-friendly.

Mudrex is the kind of crypto trading bot that makes it really easy to invest in your trades, so again like other trading bots on this list, you don’t need any prior KuCoin experience to make the most of them.