During recent years, the spread of the cryptocurrency trading field has increased to include many professional and novice investors as well, the market has become more stable compared to its beginnings and these currencies have become reliable and widely used, but given that the market is still subject to some sudden fluctuations, the process of following it is considered permanent. It is only possible if the person is fully devoted to it, which is what makes crypto trading bots so important today.
Trading
bots are a special software tool that can perform various trading operations
with or on behalf of the investor according to certain characteristics that can
be identified, as these bots rely on various market data and suggest the next
step or carry out it automatically, and thus it offers many useful features in
addition to the presence of Some risks also, and in this article we will talk
about the best free and paid cryptocurrency trading bots, so follow us to learn
about them.
Best
cryptocurrency trading bot
The
cryptocurrency trading bots differ greatly among themselves, depending on the
features they offer and the platforms that support them, as well as the
difference in their prices as well, and below we will mention the best of them:
Coinrule
bot
Coinrule is one of the best cryptocurrency trading bots for beginners in this field, as the principle of its operation is very simple and relies on a clear conditional function to perform a trading order upon fulfilling one specific condition, so any trader can set his own strategy within minutes only, and his special interface makes it. Easy to use to help the user to set the options he wants without any trouble.
The library
for this bot includes more than 150 rules that can be adopted in order to set
the appropriate strategy and more than one strategy can be chosen if it is to
increase profits or reduce risks and many more as well. The company
periodically updates the bot library and adds the latest ideas available in the
trading world, and it is also possible to initially set a dummy trading
platform that allows to test the bot and test the strategies chosen by the user
to see their actual performance without the need to risk.
Bitsgap bot
Many traders use the Bitsgap bot due to the various features it offers, as the user will find features and features suitable to his needs regardless of his level of experience in this field. What makes Bitsgap one of the best cryptocurrency bots is its proprietary algorithm called GRID, as it relies on partially allocating investments according to a specific trading field that the user chooses.
Every time
the purchase order is executed according to the limit chosen by the user, then
a new sale order is created so that it is at a higher price than the purchase,
and it also reverses the process when executing the sale order according to the
pre-selected limit, and with this process repeated, this bot can achieve a lot.
Of profits in the event, the price path is close to the trader's expectations,
as the bot will continue to operate without stopping if the price remains
within the range that was initially chosen.
Mudrex bot
Mudrex includes a wide range of the best cryptocurrency trading bots with various options that suit everyone, as it aims to simplify the trading process and clarify all the necessary aspects for users, by listing all the information about these bots and classifying them in different ways, such as the percentage of risk associated with each one, for example, and is characterized by its distinguished performance And the speed of its response to the implementation of trading deals as soon as the conditions set by the user are met.
The bot
offers many subscription plans that suit anyone's needs as well, but what
really stands out is that Mudrex does not include pre-designed bots by it, but
rather offers a wide range of bots that are designed and assigned by
professional traders in this field to provide the best possible results.
3Commas bot
In the event that you are a professional trader and want to obtain advanced and professional features, 3Commas is one of the best cryptocurrency trading bots for this purpose, as it will provide you with all the basic tools and features to be able to implement any trading strategy you want, regardless of its complexity, by relying on a lot of technical indicators and data Others related to the cryptocurrency market and its performance.
3Commas
supports many trading platforms available, and it works in the cloud so that
you will not have to install any program on your computer to run it, and among
the many features it offers will allow you to try your strategies on the
investment portfolio of other traders to learn from their experience and apply
it to you when needed, but its subscription A month that goes from $ 25 all the
way to $ 84 may not be suitable for some.
HaasOnline
bot
HaasOnline focuses on opening the field more for professional traders to customize it and apply their own strategies, thus it is suitable for those with experience in the field of bots and trading alike, and in case you are, you will find all what you need with a special bot interface that gives you wide options to develop and implement your strategy No matter how complex it is and how many orders it is, you can also amend it after that according to the form it deems appropriate as well.
After
modifying the bot and developing your own strategy, you can try it without
worrying about any risks by making fake trades that allow you to know the
results of your strategy in real-time. The current version of HaasOnline does
not fully support cloud work, unfortunately, but this could be an important
feature for traders who do not want anyone to know their own information and
copy their own strategies.
Zenbot Bot
Zenbot is one of the best open-source cryptocurrency trading bots available completely free of charge, as its source code is available for everyone to download and modify according to their need and desire, and therefore it needs some experience and knowledge to deal with it as its interface is not suitable for work for beginners in this field.
Zenbot
supports many of the basic features offered by the rest of the available bots,
and is characterized by its outstanding performance and speed of response to be
suitable to work with frequent and daily trades easily, in addition to
supporting many trading platforms and digital currencies, including Bitcoin of
course.
Shrimpy Bot
All the names that we talked about in the previous paragraphs are considered the best cryptocurrency trading bots to achieve profits and develop advanced strategies according to the need of each user, but what distinguishes Shrimpy here is its main focus on the investment portfolio, its management, and re-balancing it when needed according to the percentage you want, and despite being It offers some good trading options, but it is not considered the best for making profits compared to the rest.
With
Shrimpy you can set the option to easily balance your wallet according to your
needs, in the event, that the price of a digital currency within your wallet
increases in a way that makes it a larger percentage than you want, the bot
will make sell orders to reduce the percentage of that currency and return your
wallet to its previous state, and thus it is considered one of the best
currency trading bots Digital is for conservative investors and traders who
don't want to risk their bots.
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