The Best Crypto Trading Bots

Crypto Trading Bots - Easy Money Or Tipping Off The Money? [Guide 2021]
 

A crypto trading bot is a programmed system that analyzes a cryptocurrency market and opens and closes cryptocurrency trades for you, you just need to give it all the necessary information. Also, crypto trading bots can be enabled to use auto trading in the cryptocurrency channel and use the information given in the signals of professional traders.
 

8 Best Crypto Trading Bots 2021:
 

  1. Cryptohopper
  2. Zignaly
  3. Wunderbit Trading
  4. Cornix
  5. 3Commas
  6. Profittrailer
  7. Haasbot
  8. Shrimpy
  9. Coinigy

If you are reading this article, you probably tried to use the Telegram crypto bot trader or googled a lot “What is the best trading bot?”.
 
Right?
 
You read a lot of beautiful articles about a huge amount of money that appears from nowhere - just pay for the auto trading bot subscription and you will get billions automatically!
 
No.
 
Anyway, today I’m gonna show you the real tips which will help you to get permanent earnings trading with crypto bots like Haasonline (Haas Bot) or Cryptohopper trading bot.
 

Why Are Bitcoin Trading Bots So Popular?
 

Hype.
 
Your crypto-friends are excited:
 
“I spend one hour per day just setting up my Telegram trading bot!”
 
“It’s easy money, bro!”
 
According to our research, 126 out of 209 traders use crypto bots for automated Bitcoin trading.
 
126 out of 209 traders use crypto trading bots

But it’s not only about users - you can find a lot of different unknown crypto bots on the Internet.
 
According to awesomeopensource.com there are 70 Bitcoin trading bots with open source, so let’s imagine how many of them are in general! 
But what is special about them?
 
Why are the best Telegram crypto bots so popular?
 
Let’s see.
 
time management with crypto trading bots

You know, when you trade just with the help of signals and a crypto exchange like Binance or Coinbase, you will spend a lot of time monitoring the market.
 
But with top trading bots, crypto trading is simple - you need just to give them all the details of a deal.
 
They are like washing machines!
 
round the clock trading with crypto trading bots

People are not the best Bitcoin robots.
 
You can’t trade 24/7 every day.
 
But the best crypto robot can!
 
So you can easily use it and spend all your time working, playing with your kids, etc.
 
a beginner's convenience with crypto trading bots

Of course, it is not about every Telegram crypto trading bot. Some of them have a very difficult interface that is not suitable for beginners.
 
Also, you can check every free crypto trading bot GitHub (if you are familiar with IT).
 
But still, a lot of beginner-traders think that they can trade with a Bitcoin bot without any experience or knowledge in crypto.
 
crypto trading bots are emotionless

You know that moment when you see that that coin is decreasing in value.
 
You start to think:
 
“Oh no, I need to sell it right now. Otherwise, I will lose everything I have invested.”
 
Emotions.
 
And cryptocurrency and stock trading bots don't think like that because they are machines!
 
It will use only set parameters.
 
Those bots will close the deal by the stop-loss price if needed.
 

How Profitable Are Bitcoin Trading Bots?
 

According to TradeSanta.com, a cryptocurrency trading software, in inefficient crypto markets, automation can still be a silver bullet if you're an individual trader.
 
Bots are just like soldiers that fight on your behalf 24/7, giving you an advantage of time, volume, profit, and price, on the one hand.
 
On the other hand, you should take full responsibility for everything your bots do on the crypto battlefields.
 
They never give you a 100% guarantee of an extra income, unless these are scam bots (and these guarantees are not true).
 
Basically, this is just software that helps you to implement your own strategies, knowledge, and get an automated Bitcoin trading experience.
 

Advantages of Crypto Trading Bots
 

Every time you want to try a new thing, you want to know about its advantages and disadvantages, right?
 
Is the best trading bot worth the money?
 
Let’s check.
 
the speed of information processing by crypto trading bots

Every person needs to eat, to sleep, to take a small break for tea or coffee, to spend some time with the family.
 
But it’s not about bots.
 
People sometimes want to avoid risks and emotions, but Bittrex bot - doesn’t.
 
Bitcoin trading robot makes all the steps with your deals faster and better.
 
comprehensive tracking with crypto trading bots

Are you able to track the price of every existing coin?
 
Nah… Unless you don't sleep and monitor the market 24/7.
 
Cryptocurrency trading bots can analyze monster-size information!
 
procedural techniques of crypto trading bots

Again, emotions.
 
Bots for cryptocurrency only listen to humans, their strategies, and replicate their intelligence.
 
No pressure.
 
No fear.
 
Everything is simple!
 
defined accuracy of crypto trading bots

A person can miscalculate parameters or analyze charts or strategies without attention.
 
This leads to huge losses.
 
Bots, as machines, are much more accurate.
 

Disadvantages of Bitcoin Trading Bots
 

You should think about every scenario before trading with a crypto bot Telegram.
 
Not all the bots are good and legit.
 
Remember, that not every auto crypto bot trader is a scam!
 
It just means that it’s going to contain some developer errors etc.
 
So what is gonna happen if you choose a bad Bitcoin trade bot?
 
developer errors with crypto trading bots

Now you know that cryptocurrency trading bot is made with the help of humans.
 
So they can contain developer errors.
 
Setting up a bot is a very complicated process, so developer mistakes can be anywhere - even at the best crypto trade bot.
 
And the result of such mistakes will definitely lead to trader’s losses or, which is worse, money-losing.
 
transaction frequency with crypto trading bots

One of the main disadvantages of trading with a crypto trading bot Telegram is how often deals are carried out.
 
So, cryptocurrency exchanges fee for opening or closing positions can exceed the amount of your revenue.
 

Of course, if you choose a good and professional bot, those parameters should be adjusted.
 
scam crypto trading bots

Oooh, what a nightmare!
 
Yes, unfortunately, there are lots of scam Binance trading bots.
 
How to distinguish a scam bot among all of them?
 
We are going to talk about this a bit later.
 

Is It Possible To Earn Money With The Help Of Crypto Trading Bot?
 

how to earn money with crypto trading bots

Did some tell you that you will definitely earn something while trading with a bot?
 
Don’t believe it!
 
Why?
 
The reasons are quite simple.
 
As we already pointed out in the pros & cons - robots are machines only.
 
But some of the bots for cryptocurrency can show you their accuracy.
 
They provide you results and losses they have made.
 
The best and safest if we talk about trading with a bot is using a complex - the best Bitcoin trading bot and a crypto provider - a professional trader that provides profitable cryptocurrency signals.
 
At Safetrading you can find such providers.
 

Do Bots Scam People?
 

do crypto trading bots scam people

Hell yeah!
 
Scam crypto trading bots are made only to steal users’ funds.
 
Pim from the Gunbot team shared his opinion about crypto trading bots in general and gave some advice on how not to be scammed by a free Bitcoin trading bot:
 
gunbot opinion about scam crypto bots

Imagine:
 
Inexperienced users buy a subscription and give the bot full access to their investments.
 
If you don’t know how to choose the best crypto trading bot 2020 among all the existing ones and decide to trade with a doubtful bot...
 
Your assets are going to be stolen.
 
  • Crypto Robot 365;
  • Bitcoin Loophole;
  • Bitcoin Code;
  • Crypto Edge;
  • BTC Robot;
  • Bitcoin Trader;
  • Bitcoin Revolution.
The accuracy and profitability of those bots are doubtful.
 
But they are not the only ones, unfortunately.
 

What Should You Remember Before Trading?
 

I promised you some tips on how not to lose everything you deposited.
 
But I’m gonna give you more!
 
Are you ready for advice that will help you to get profit while trading?
 
don't share your api secret

Please, keep it in a safe place.
 
Don’t take a screenshot, don’t put it in “Notes”. Store it offline and your assets will be safe.
 
never give your crypto trading bot withdraw access

Remember we were talking about scam crypto bots?
 
So… You should be the only creature in this world who can withdraw the assets.
 
don't be afraid of losses with crypto trading bots

Even Bitcoin trading bots can lose money because the cryptocurrency market sometimes is very volatile and unpredictable.
 
To be sure you are not going to lose all the money you have on your account, use stop-loss.
 
But don’t be scared. It’s okay to make mistakes - even for a Bitmex trading bot.
 
use different strategies with crypto trading bots

Bull market. Bear market.
 
The strategies are different for different markets, so switch your strategy every time the market changes.
 
But you need to change them wisely and to be sure you know how they work.
 
take some time to study crypto trading

To set your best crypto trade bot 2020 you need to understand what you are doing and which strategy to follow.
 
If you don’t know how to use the crypto trading bot, it will be very hard to control it and to gain profit.
 
remember about fees of crypto trading bot

Don’t forget that you pay fees for every trading (not with every bot, but still).
 
So you should make enough profit to cover your fees.
 
use crypto signals bot with crypto provider

This is the best decision!
 
Just find a good and legit crypto trader and use his signals to trade with the BTC trading bot Telegram.
 
read about cryptocurrency trading

Don’t do something if you don’t know what it is for.
 
Write to the support or google your question.
 
use only checked crypto trading bots

Don’t waste your time and money trying to trade with unknown bots.
 
There are a lot of reviews on cryptocurrency trading bots, which are not going to steal your money.
 
Alex from LiveTrader has the following opinion about the situation with bots-scammers:
 
livetrader opinion about scam crypto bots


TOP 8 Crypto Trading Bots 2021
 

We know that our readers like the theory but we imagine how they love the real lists of services they can safely use! Safetrading works to offer you only the trusted crypto tools, that is why we want to present you the list of good bots, so as to tell a bit more about their features and prices.
 

Cryptohopper
 

Supported Exchanges: HitBTC, OKEx, KuCoin, Bitvavo, BitPanda Pro, Huobi, Poloniex, Kraken, Bittrex, Bitfinex, Coinbase Pro, Binance, Binance US.
 
Features:
 
  • 100+ Cryptocurrencies Supported;
  • Market-Making;
  • Arbitrage Trading;
  • Strategy Building;
  • Social Trading;
  • Demo Account;
  • Education.

Prices:
 
  1. Pioneer: $0/month
  2. Explorer: $19/month
  3. Adventurer: $49/month
  4. Hero: $99/month


Zignaly
 

Supported Exchanges: Binance, KuCoin, BitMEX, VCC Exchange, FTX.
 
Features:
 
  • Copy Trading;
  • Demo Account;
  • Strategy Backtesting;
  • Strategy Design;
  • Education;
  • Telegram Integration.

Prices:
 
Currently, Zignaly offers an absolutely free subscription plan with all the possible features available.
 

Wunderbit Trading
 

Supported Exchanges: Binance, Binance Futures, Deribit, ByBit, KuCoin, OKEx, HitBTC, Kraken, FTX US, BitPanda Pro, Bittrex.
 
Exchanges Coming Soon: BitMEX, Huobi, Binance US, Gate.io, Coinbase Pro, Gemini, Bitfinex, Poloniex.
 
Features:
 
  • Crypto Trading Automation;
  • Strategy Design;
  • Strategy Backtesting;
  • Multiple Account Management;
  • Copy Trading;
  • In-House Crypto Exchange.

Price:
 
  1. Free: $0/month.
  2. Basic: $9.95/month, $26.87/3 months, $50.75/6 months, $83.58/12 months.
  3. Pro: $24.95/month, $67.37/3 months, $127.25/6 months, $209.58/12 months.
  4. Premium: $44.95/month, $121.37/3 months, $229.25/6 months, $377.58/12 months.


Cornix
 

Supported Exchanges: ByBit, Deribit, KuCoin, Huobi, BitMEX, Bittrex, Binance, Binance Futures.
 
Features:
 
  • Auto Trading;
  • Telegram Integration;
  • Trailing Stops.

Price:
 
  1. Beginner: $24.90/month, $238.80/12 months.
  2. Intermediate: $32.90/month, $322.80/12 months.
  3. Pro: $47.90/month, $466.80/12 months.


3Commas
 

Supported Exchanges: Binance, Binance Futures, FTX, ByBit, BitMEX, Deribit, Bittrex, Binance US, Binance DEX, Bitfinex, Bitstamp, Cex, Coinbase Pro, Exmo, Gate.io, HitBTC, Huobi, Kraken, KuCoin, OKEx, Poloniex, Yobit.
 
Features:
 
  • Trailing Stops;
  • Portfolio Builder;
  • Technical Indicators;
  • Auto Trading.

Price:
 
  1. Starter: $29/month, $174/12 months.
  2. Advanced: $49/month, $294/12 months.
  3. Pro: $99/month, $594/12 months.


Profittrailer
 

Supported Exchanges: Binance, Bittrex, Huobi, KuCoin, Poloniex.
 
Features:
 
  • Trailing Stops;
  • Technical Indicators.

Price:
 
  1. Signals Edition: from 30 EUR/month.
  2. Basic: from 49 EUR/month, 799 EUR/lifetime.
  3. Advanced: from 69 EUR/month, 999 EUR/lifetime.


Haasbot
 

Supported Exchanges: Binance, Binance Futures, Binance US, Bitfinex, BitMEX, BitPanda Pro, Bitstamp, Bittrex, ByBit, Cex, Coinbase Pro, Deribit, FTX, Gemini, HitBTC, Huobi, Ionomy, Kraken, Kraken Futures, KuCoin, OkCoin, OKEx.
 
Features:
 
  • Trailing Stops;
  • Strategy Backtesting;
  • Technical Indicators;
  • Open-Source Code.

Price:
 
  1. Beginner: 0.006 BTC/3 months, 0.009 BTC/6 months, 0.013 BTC/12 months.
  2. Simple: 0.009 BTC/3 months, 0.016 BTC/6 months, 0.025 BTC/12 months.
  3. Advanced: 0.015 BTC/3 months, 0.027 BTC/6 months, 0.039 BTC/12 months.


Shrimpy
 

Supported Exchanges: KuCoin, Binance, Bittrex, Bittrex Global, Coinbase Pro, Binance US, Kraken, Poloniex, Gemini, Bibox, BitMart, Huobi Global, HitBTC, OKEx, Bitstamp, Bitfinex.
 
Features:
 
  • Trailing Stops;
  • Portfolio Builder;
  • Strategy Backtesting;
  • Technical Indicators;
  • Copy Trading.

Price:
 
  1. HODLer: $0/month.
  2. Professional: $19/month, $96/6 months, $156/12 months.


Coinigy
 

Supported Exchanges: Binance, Binance Futures, Binance US, Bitfinex, BitFlyer, Bithumb, BitMEX, Bitstamp, Bittrex, BleuTrade, BTCmarkets, Cex, Coinbase Prime, Coinbase Pro, CoinCheck, Coin Mate, Coinone, CoinsBank, Deribit, Exmo, FTX, FTX US, Gemini, HitBTC, Huobi Pro, itBit, Korbit, Kraken, KuCoin, LakeBTC, OKEx, Poloniex, Uniswap, Yobit.
 
Features:
 
  • Trailing Stops;
  • Portfolio Builder;
  • Technical indicators.

Price:
 
  1. Free: $0/month;
  2. Pro Trader: $18.66/month;
  3. API Developer Pro: $99.99/month.


Crypto Trading Bots: Conclusion
 

Starting to trade with the free crypto trading bot you should remember, that it still needs you and the parameters you give it to trade.
 
“Hey, use my crypto bot and earn $1000 on the first day of trading!”
 
Don’t believe it.
 
Everything successful process needs some time, effort, investments, and patience.
 
Do crypto and stock trading bots really work?
 
It is definitely possible to earn with crypto trading bots. They will save you a lot of time!
 
But if you are a newcomer, take your time, read a lot of articles, opt for the best cryptocurrency wallet and start to trade slowly.
 
And you will be a successful trader!
 

Frequently Asked Questions

  • Do Trading Bots Work Crypto?
    • Yes, absolutely. Today, the vast majority of novice traders use trading bots to explore the possibilities of the crypto market and test trading strategies. Using bots allows traders not to worry about any delays. A bot works with various trading algorithms and significantly increases your chances of making a profit.

  • Are Crypto Trading Bots Profitable?
    • Yes, bots can be profitable. However, not every program can demonstrate successful trading day in and day out. Even the 5-star software products cannot trade with 100% accuracy. Therefore, you should not rely solely on trading software. Better to use bots as one of the alternative ways to make money with crypto.

  • Are Trading Bots Legal?
    • Using trading bots is absolutely legal. Therefore, please choose one of the bots listed in our rating and make your daily trading even more profitable.