Best Automated Crypto Trading Bots (2021) - AutoTrading Strategies

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Best Automated Crypto Trading Bots (2021)

Best automated Crypto Trading Bots
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In this article, we will list down the best automated crypto trading bots for 2021.

Cryptocurrencies are off to the moon these days. Everyone is losing their mind over bitcoin’s biggest leap to reach $23,000 USD. It is safe to say that crypto is here to stay. It has significantly gained the trust of investors. The investment in defi projects has increased significantly in 2020. The year 2021 is likely to bring further mainstreaming and adoption of crypto.

Crypto trading is the easiest and well-established business of making money from cryptocurrency. Whether you invest in parent currency bitcoin or altcoins, the trading can become an excellent side hustle for you. Moreover, trading is easier than ever with trading platforms and trading bots available to help you out every step of the way. If you have already made the decision to trade crypto then here we will guide you about some of the best automated crypto trading bots.

Benefits of Using Crypto Trading Bots:

Many traders wake up every day and sit in front of their computer screens to grind. They manually search for indicators and signals to make the move. Such methods diminish the overall odds of success due to time-consumption and the basic human psyche. On the other hand, crypto trading bots can change the whole game for you. Take a look at the benefits of crypto trading bots.

  • Fast Trade

Trading bots are much faster than humans. With them, you will have an edge over your competitors. A bot can analyze the market and execute the trade in the blink of an eye.

  • Automation of Repetitive Tasks:

Repetitive tasks eat up a lot of time in crypto trading. For instance, portfolio rebalancing every other hour will make your head spin. Hence, you can use the bot for this task. Set a time after which the bot will automatically rebalance your portfolio.

  • 24/7 Trade:

A bot doesn’t need sleep or food. You can have your portfolio taken care of while asleep. 24/7 trading makes you take advantage of all opportunities in the market.

  • Emotionless Trade:

Trading crypto is like being on an emotional roller coaster. The market fluctuates too quickly and you never know where you stand. Due to this, traders make judgments out of fear or greed. Thankfully, trading bots can’t fall for any of those emotions. They either come with a pre-existing strategy or you can set strategy on spot. Afterward, Bot carries on its operation without taking any outside pressure.

Here are the top 5 crypto trading bots for 2021.

Best Automated Crypto Trading Bots:

1. DigieBot:

DigieBot is an automated trading bot. It is supported by Binance, Coinbase, and Kraken Exchange. DigieBot reads market indicators to execute trades for its users. It has built-in proprietary algorithms for analysis. Traders at any stage of crypto trading can leverage the services of digiebot. Here are succinctly described features of digiebot that make it a better choice than any other crypto trading bot.

  • No Experience Required: 

A newbie trader with little to no knowledge of cryptocurrency trading can start with digiebot. It is simple and easy to use.  The developers of digiebot are constantly improving the software to make it more intelligent and user friendly.

  • Uses the Right Indicators:

The efficiency of a bot depends on the kind of indicators it uses. The bots pre-conditioned with lagging indicators prove devastating for a trader’s portfolio. Digiebot goes the other way. It follows the trading volume to gauge the price movement of crypto coins.

  • More than 20 Algorithms:

Digiebot has more than 20 built-in algorithms. It operates 24/7  without human involvement. However, users have full control with the option of manual trade execution.

  • Mobile App:

DigieBot mobile application is available at the Google play store. You can download it and keep a track of your trading all the time through a smartphone.

  • Affordable Plans:

Crypto trading bots are often overly priced which makes them inefficient. The whole point of buying a bot is to increase revenue while decreasing the cost. Therefore, digiebot offers 4 pricing plans to its user starting from $100 USD.

If you want to start crypto trading from scratch without any experience then digiebot is the way to go.

2. 3Commas:

3Commas is a famous web-based trading bot. You can run the application on both Android and IOS devices. It incorporates smart trading terminals and executes automated trade for users. This bot is good at portfolio management and copy trading. 3Commas takes pride in having over 220,000 registered users. Moreover, it is supported by 26 cryptocurrency exchanges.

The intuitive and professional user interface of 3Commas makes it a great platform for experienced traders. However, inexperienced traders may find it hard to navigate.

3Commas offers three pricing plans starting from $14.50 USD per month. The Advanced and Pro plans are expensive with added features. You can start cryptocurrency trading with 3Commas and become a part of a big community of crypto traders.

Also Read: Top 10 Cryptocurrencies for Investment in 2021

3. Cryptohopper:

Cryptohopper is a cloud-based cryptocurrency trading bot that works with a wide range of exchanges and coins. The best thing about Cryptohopper is that it can operate 24/7 even when your system is shut down. Cryptohopper comes with an easy setup. It is well-known as a market-making bot. You can manage over 100 cryptocurrencies on it. Currently, there are over 200,000 users of Cryptohopper.

Cryptohopper can be embedded with external signalers. You pick up an analyst from outside and make your bot catch signals from them. Hence you take advantage of built-in indicators as well as outside signals.

There are four pricing plans for Cryptohopper. ‘Pioneer’ plan is free while the ‘Explorer’ plan starts with a 7-day free trial and subsequently $19.0 USD a month. So, if you want to take advantage of a free crypto trading bot then Cryptohopper offers you the liberty to experience that, nevertheless, with limited features.

4. HaasOnline:

HaassOnline is another cloud-based cryptocurrency trading platform. It automatically trades for users on the basis of pre-existing strategies. However, the best thing about HassOnline is its scripting language ‘HaasScript‘.  As a trader, you can improve the crypto trading bot using HaasScript. It involves a simple drag and drop designer. After completing the strategy building process, you can run backtesting to check the accuracy of the trade execution process.

HassBot offers 3 pricing plans. The price is charged in bitcoin with the lowest plan costing $0.01 BTC. It is supported by more than 25 cryptocurrency exchanges.

Interesting For You: Free Crypto Trading Course.

5. Zignaly:

Zignaly is a cloud-based trading platform. It operates with the help of outside signalers. There are more than 2o signal providers attached with Zignaly at this stage. The list includes Mining Hamster Signals, Crypto Base Scanner, and many other leaders of the industry.

Zignaly offers services for free to users. So, take advantage of this free cryptocurrency trading bot while you can.

Conclusion:

There are multiple types of crypto trading bots available in the market. Trading bots make it easier for users to trade while living their life freely. You don’t have to sit in front of the screen all the time. The bot will do the essential labor for you. Hence, to productively trade crypto in 2021 choose a bot from our list of best automated crypto trading bots.

Follow our blog for more up-to-date guides on cryptocurrency and trading.

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