Expert Assessment of the Best Crypto Trading Bots in July 2024: Reliable Reviews and Analysis
There is a way you can get into crypto trading without risking too much – using one of the best crypto trading bots on the market. With one of these can ensure you take advantage of every good opportunity and only execute trades that lead to high returns. This guide will help you find the best crypto bot for your needs, ensuring you get the most out of every investment.
Cryptocurrency markets are highly volatile, so it takes a lot of effort and patience to develop working trading strategies by analyzing heaps of market data. Of course, you’ll also have to lose money while honing your skills, especially considering the learning curve is steeper by the day but the best crypto bot will flatten that curve.
Let’s take a look at some of the Best Crypto Trading Bots in 2023!
Discover the Leading Crypto Bots of 2024
The list below gives you a quick overview of the top crypto trading bots on the market in 2023. They are all powered by an AI solution that analyzes the market in real-time and makes the best trades automatically. You can read more details about them in the review section below.
- Learn 2 Trade – Best Forex Signals Provider Autotrading Bot
- Pionex – Multi-Bot Automatic Cryptocurrency Trading Platform
- Shrimpy – Flexible Auto-Trading Portfolio Management Platform
- Cryptohopper – Complete Auto-Trading Platform With Over 130 Indicators
- Bitsgap – Crypto Trading Bot With Small But Stable Profits
- Trality – European Auto Trading Bot Designed By FinTech Experts
- 3Commas – New Autotrading Crypto Bot With Smart Trading Features
- Coinrule – Autotrading Crypto Bot With Over 250 Preset Rules
Unbiased Assessment: Top Trading Bots Analyzed and Compared
Now, let’s see what the best crypto bots on the market offer, what you can expect to achieve using them, and how much it will cost you in the long run. The reviews below will give you all the necessary information to make the best choice for your needs.
1. Learn 2 Trade – Best Forex Signals Provider Autotrading Bot
Learn 2 Trade is an excellent trading platform with a massive community of over 75,000 members. It was launched as a forex signals trading platform but evolved into a crypto auto trading bot. The company is based in the UK and is one of the best auto trading platforms. Users love Learn 2 Trade because it’s compatible with multiple crypto exchanges and makes finding and investing in the best opportunities easy and less risky.
Moreover, you can subscribe to the official L2T Telegram channel to ensure you get all the details that could impact your overall success. But that’s not all, L2T also comes with an automatic crypto trading bot that allows you to earn a profit without any effort.
According to the latest numbers, the platform helps traders increase their monthly profits by as much as 40%. Learn 2 Trade also goes to great lengths to help teach users how to make better-informed decisions, so it’s much more than a simple auto-trading bot. The risk-reward ratio is 1:3, and it takes about 10 minutes to set up an account and start trading. New users can also use the copy trading feature to minimize risks and increase profits.
Pros
Cons
Minimum Deposit |
Exchanges | Withdrawal Fees | Mobile App |
$35 monthly subscription | 13 | No extra fees |
No |
2. Pionex – Multi-Bot Automatic Cryptocurrency Trading Platform
Pionex is another popular automatic cryptocurrency trading platform that allows users to set up multiple types of bots to get the most out of every investment. That includes a grid trading bot, a DCA bot, a Rebalancing bot, and others. It’s an ideal choice for beginners as well as advanced traders, and it comes with 16 free bots developed for specific applications. Whenever they earn you a profit, you have to cover the 0.05% fee, and the bot will keep trading automatically.
The Grid Trading Bot is especially popular because it allows users to sell high and buy low. Other bots, such as the arbitrage bot, use future market data fed by Binance’s broker system to reward users with a payout every 8 hours. Apart from having the lowest fees and a ton of bots, Pinoex also comes with a Smart Trade terminal that allows users to set up stop-loss, take profit, and trailing in a single trade. It’s available for iOS & Android devices, so users can keep trading cryptos on the go.
Pros
Cons
Minimum Deposit | Exchanges | Withdrawal Fees | Mobile App |
None | All | 0.0005 BTC or 0.05% trading fee | Yes |
3. Shrimpy – Flexible Auto-Trading Portfolio Management Platform
Shrimpy is a flexible auto-trading tool that doubles as a portfolio manager. It’s designed to allow users to track their portfolios on multiple exchanges using a single dashboard, which makes trading much more accessible. The platform gives you access to 16 different exchanges, and the crypto trading bot automatically identifies and completes the best trades.
The setup and use are as simple as it gets. Once users create a profile, they have to click the automation button, and your accounts will rebalance according to the accounts you’re following. Everything will happen in a second, and you can even use the social trading tool to monitor and copy trades made by experienced users.
Moreover, you can always access their portfolios to see what currencies they hold. The platform also offers detailed chart visualizations, a backtesting feature to tune your bots before hitting the markets, and a demo account for risk-free trading. Shrimpy has four paid monthly plans, ranging from $15 to $299 for annual billing. The only downside to the platform is that it doesn’t have an app version, so you can only use it on your desktop or laptop.
Pros
Cons
Minimum Deposit | Exchanges | Withdrawal Fees | Mobile App |
$15 | 16 | None | Yes |
4. Cryptohopper – Complete Auto-Trading Platform With Over 130 Indicators
Cryptohopper will appear in every best crypto trading bot list because it’s one of the world’s most flexible and widely used auto-trading bots. It’s an excellent choice for complete beginners who still don’t understand how the markets work. The many available features allow users to set up paper trading, stop-loss indicators, and a custom strategy using one of over 130 available indicators.
The platform offers one of the most robust tutorial sections in the industry. Beginners can use it to learn more about the markets and the available trading strategies and templates designed by expert traders. All information and external signals are presented in a single dashboard, and users can subscribe to any of them with one click. The platform is entirely cloud-based, and it connects to a dozen exchanges, including Binance, Bitfinex, Bittrex, HitBTC, KuCoin, and many others.
If you need clarification on whether Cryptohopper is the ideal crypto trading software for your needs, you can try the 7-day free Explorer package trial to understand better how it works. Then, if you like what you see, you can get a subscription ranging from $19 and $99.
Pros
Cons
Minimum Deposit | Exchanges | Withdrawal Fees | Mobile App |
250 Euros | All | 1.5% to 2% | Yes |
5. Bitsgap – Crypto Bot With Small But Stable Profits
Bitsgap is another crypto trading bot making enormous gains for thousands of users daily. It comes with a wide range of crypto trading tools, including multiple bots, portfolio management, and a free demo mode to ensure all users get the most out of every investment. It also allows traders to connect all exchanges into a single dashboard, making it easier to create and execute strategies and set up advanced bots for higher returns.
Having all essential information displayed in a single window makes it easy to compare rates on multiple markets, switch between them, and track your investments across the board. Moreover, you can also use the demo account to test your strategies before investing any real money. Bitsgap integrates with 30 exchanges, including all the leading platforms such as Binance, Kraken, Bitfinex, and many others. It also comes with over 10,000 crypto trading Paris and a wide range of indicators to help you refine your strategies to increase returns.
The auto-trading feature distributes your investments according to your chosen cryptos, allowing you to enjoy small but stable profits every time the markets move. The only thing that needs to be added is mobile support for iOS and Android devices, which could come soon.
Pros
Cons
Minimum Deposit | Exchanges | Withdrawal Fees | Mobile App |
$250-300 | 28 | 0.001% for BTC, 1% for BNB, and 0.01% for ETH | Android only |
6. Trality – European Crypto Bot Designed By FinTech Experts
Designed by a team of expert crypto traders, Trality is another fantastic trading bot that makes it easy to find and execute the best trades with a few clicks. It’s an excellent trading bot for beginners and advanced investors, offering complete customization and automatic execution of high-end investment strategies. In addition, Trailty provides a few unique features, including a built-in Bot marketplace and a Python Code Editor allowing users to code their bots manually.
Trality also comes with a dedicated, secure crypto wallet, a feature that allows users to set the rules for the bots, and the so-called Trality Masterclass that helps users develop their skills and increase efficiency. The platform works perfectly on all devices, and it’s constantly updated by a team of Python experts. That means the AI always follows the latest market developments, ensuring you get a competitive edge in all conditions. Users can also backtest their custom strategies before investing, which helps improve results over time.
Pros
Cons
Minimum Deposit |
Exchanges | Withdrawal Fees | Mobile App |
None | 4 | 0.001% for BTC, 1% for BNB, and 0.01% for ETH |
Yes |
7. 3Commas – New Autotrading Bot With Smart Trading Features
3Commas is one of the newest crypto trading bots on the markets, gaining traction incredibly quickly. The platform focuses on automated trading using Dollar Cost Averaging to identify the best investments. It comes with a wide range of trading tools, but its main feature is the trailing stop tool that easily outperforms all others. It allows users to profit from sudden price rallies because the bot will keep its positions open if the price keeps increasing. Once it starts dropping, the positions will close automatically.
Like most other crypto trading bots, 3Commas is entirely cloud-based and supports 20 exchanges. The paper trading feature is an excellent option for beginners who want to test their custom strategies before investing actual cash. On the other hand, the SmarTrading tool is the best option for advanced traders because it allows asset trading between multiple exchanges and crypto pairing from a single dashboard. The platform has also partnered with CoinLedger, which automatically calculates all taxes. You can subscribe to 3Comma for only $22 monthly, but the premium option will cost you $75.
Pros
Cons
Minimum Deposit |
Exchanges | Withdrawal Fees | Mobile App |
$1 | 18 | None |
Yes |
8. Coinrule – Autotrading Bot With Over 250 Preset Rules
CoinRule is an excellent option for crypto traders because it offers tools to turn a beginner into a pro. It’s a code-free platform that allows you to create custom automated trading strategies that will ensure you never miss another price rally or get caught in a downtrend ever again. In addition, the crypto trading bot is designed to gather and analyze all essential market indicators in real-time, giving users insights into the best opportunities.
However, the trading bot won’t do anything without your consent, so you’ll always have complete control over the automated processes. CoinRule became one of the most popular crypto auto trading platforms because it offers over 250 preset rules, allowing users to create some of the most unique and flexible strategies. The platform connects to all major exchanges, including Coinbase Pro, Binance, Kraken, OKX, KuCoin, and others.
Pros
Cons
Minimum Deposit |
Exchanges | Withdrawal Fees | Mobile App |
None | 12 | None |
Yes |
Your Essential Guide to Crypto Trading Bots: Frequently Asked Questions
What is a crypto trading bot?
How do crypto trading bots work?
What are the most popular crypto trading bots?
How can I set up a crypto trading bot?
Do crypto trading bots really work?
Do I need programming skills to use a crypto trading bot?
How much does a crypto trading bot cost?
Can I make money using a crypto trading bot?
What are the risks of using crypto trading bots?
What are the alternatives to using crypto bots?
Mastering the Art of Crypto Bots: A Comprehensive Summary
Wrapping things up, auto trading bots offer many advantages, resulting in their rising popularity in the crypto markets. Hundreds of developers offer automated trading bots, so finding the one for your needs is more complicated than you might think.
However, to break it down simply far the best crypto trading bot on the list is Learn 2 Trade and we would heavily advise using this as you go-to when investing!
The options above are the best on the market right now, so read the reviews, and pick the one that fits your trade style the most. Remember that crypto trading is highly volatile, and while bots reduce risk and increase profits, nothing is guaranteed.