11 Best Crypto Trading Bots to Watch in 2024

Investors can shorten the learning curve and earn from the extremely unpredictable cryptocurrency markets by timing their trades passively.

This guide covers the automated investment process and the tools available for those unfamiliar with this passive form of trading.

Read on to find our analysis of the best crypto trading bots on the market this year.

What are the Best Crypto Trading Bots? 

Below are our trading bot crypto reviews to assist investors in selecting the best option for their goals. Our reviews contain fees, user-friendliness, past performance, and exchange compatibility.

1. Learn 2 Trade Algorithm – Overall Best Crypto Trading Bot For Automating Trades 

The Learn 2 Trade Algorithm is a cryptocurrency bot that utilizes several trading features and indicators to automate cryptocurrency trades. Our recommended top crypto trading bot for 2024, Learn 2 Trade (L2T) Algorithm, analyzes the best possible time to execute a new trade to offer potentially profitable results. 

This cryptocurrency bot has been developed by Learn 2 Trade, a trusted trading platform with over 75,000 members. The bot developers have added over 1,500 lines of code to ensure the L2T Algorithm leverages more than 100 technical indicators while scanning the volatile markets. 

After purchasing a monthly subscription of £49 ($58.7), users can join Learn 2 Trade Algorithm’s Telegram channel and link it with a suitable trading platform. Notably, the automated trading feature can simultaneously scan dozens of cryptocurrency pairs, which may not be possible when trading manually. 

Depending on your trading parameters, L2T Algorithm can also execute long and short positions. On Learn 2 Trade Algorithm, the cryptocurrency bot is set at a risk-reward ratio of 1:3, meaning the bot aims to generate $300 for every $100 invested. 

Offering a claimed success rate of 79%, the Learn 2 Trade Algorithm can be a good way to begin trading in the volatile crypto markets. The £49 monthly subscription can be paid using e-wallets such as PayPal. The cryptocurrency bot can also be bought through credit/debit card options such as AmEx, MasterCard, and VISA. 

2. Dash 2 Trade- Popular Crypto Bot Alternative Offering Multiple Trading Features

Dash 2 Trade is a crypto trading sensation and an all-in-one platform for analytics. The Dash 2 Trade dashboard aims to simplify buying profitable assets by using top crypto trading bots and employing various tried-and-true techniques. D2T, the native currency, will power the platform.

Holders of this token will also have access to a watchlist and a platform for backtesting and strategy building. The latter is comparable to customizable trading bots for crypto. Those looking for a fully-fledged crypto trading bot strategy will find everything they need on the Dash 2 Trade interface.

The experienced team behind the platform aims to provide access to their extensive knowledge and advanced automated and manual trading tools and features to enable inexperienced and seasoned investors to explore profitable trading opportunities. The analytics terminal offers many features, including the crypto signals service.

Dash 2 Trade uses AI-powered bots to monitor markets 24/7 and identify profitable opportunities. Subscribers receive signals for the asset, entry point, and direction.d.

Dash 2 Trade signals also provide stop-loss and take-profit orders to reduce the risk for the investor.

Moreover, a smooth API bridge will be available on the Dash 2 Trade dashboard, enabling investors who hold D2T to link the auto trading program to their favorite crypto exchange.

D2T holders will also have full access to the strategy builder tool in the backtesting facility. This tracks real market conditions for the best results. Investors looking for a Discord crypto bot might wish to subscribe to the Dash 2 Trade channel.

Dash 2 Trade, among the best crypto Telegram groups, offers social analytics, off-chain analytics, independent indicators, and investor strategy-building tools.

The dashboard was created by the team behind Learn 2 Trade. After the successful presale, the D2T token was listed on several centralized and decentralized cryptocurrency exchanges.

3. Pionex – Offers Paid and Free Trading Bots

Pionex offers automated cryptocurrency trading on the cloud and has 16 built-in bots. The platform supports more than 100 countries worldwide for its open-source crypto bots and more. Monthly trading volumes on the platform exceed $5 billion. Of all our crypto trading bot reviews, Pionex stands out for various reasons.

Grid trading bots place buy and sell orders automatically 24/7 and offer up to 5x leverage. Rebalancing bots allow investors to create their own index. This platform also offers global crypto bots called DCA, which focus entirely on dollar cost averaging.

On the other hand, the crypto arbitrage bot uses the futures market supported by Binance. The crypto arbitrage bot trades ETH after balancing risk and reward. The bot essentially purchases ETH on the spot market at the best price possible. Meanwhile, it simultaneously sells it on the futures market for the same amount.

Pionex has monthly trading volumes of over $5 billion. The platform guarantees 99.99% uptime, ensuring that its crypto auto-trading bots never miss a trading opportunity. These bots can be connected to exchanges and brokers such as CoinLedger, Binance, Simplex, and Sumsub. Additionally, Pionex offers an automated crypto trading app for iOS and Android users.

4. CryptoHopper – Trading Bot Platform With a 30-Day Trial Period

CryptoHopper is a platform specializing in cloud-based AI crypto trading bots for newbies and experienced investors. The provider uses an algorithmic, pre-programmed trading strategy and lets users leverage outside metrics to make smart decisions.

Investors can connect CryptoHopper to nine different cryptocurrency exchanges, including Binance, Kraken, Coinbase, OKEX, Huobi, KuCoin, and many more.

Investors may use it to receive both free and paid signals from various sources. It also uses more than 30 trade indicators and more than 90 candle patterns. In addition to Bitcoin, crypto bot trading covers 75 other digital currencies.

As is the case at Pionex, DCA bots on the platform carry out repeated activities while purchasing digital assets at various price points. With mirror trading, Cryptohopper enables newcomers to invest like seasoned professionals, profit from their tactics, and gain trading knowledge. This platform also offers a crypto arbitrage bot and a 30-day free trial.

This plan costs $24.16 per month and includes 80 positions and the same benefits as the free plan. There are two other plans available: Adventurer at $57.5 per month and Hero at $107.5 per month. The Hero plan offers market arbitrage, all signal coins, and up to 500 positions.

5. CoinRule – Various Accounts to Choose from at $30-$450 Per Month

CoinRule helps investors effectively allocate their funds by using smart market indicators. With CoinRule, investors can set their own auto-trade parameters and test rule performance using the strategy tester on the main dashboard.

There are over 200 rules to choose from, and investors can even create their own rules. That includes short and long trading rules with single or multiple coins, stop loss, take profit, and more.

Rules can be customized to run every minute and will be executed within seconds by the respective cryptocurrency trading bots. The platform adds new indicators weekly, which are announced on the CoinRule blog. Cryptocurrency traders can also use their current trading strategies.

They can begin using the backtesting function and a free trial account to review historical data.

The four auto crypto trader plans are Free, Hobbyist, Trader, and Pro.

6. HaasOnline – Customizable and Pre-Built Bots to Choose From

With a backtesting engine that can access up to 56 weeks of historical data, HaasOnline’s Flash Crash Trade Bot has a standout feature that enables users to execute spread orders on the markets of their choice.

This guide also found arbitrages, DCA, paper trading, crypto scalping bots, options, backtesting, and more. The scripting language, HaasScript, created for bots, is available via the main platform. It offers personalized dashboards that let traders keep track of their market activity.

Investors can employ several different strategies when crypto bot trading at HaasOnline. For instance, the Ping Pong bot offers a different approach to scalping. As such, this might be a good crypto bot for day traders. The standard crypto bot offering is highly configurable.

The Mad Hatter uses RSI Indicators, MACD, and Bollinger Bands. HaasOnline offers multiple pre-built bots. Investors can also construct synthetic order templates. Additionally, it’s possible to use various order types on numerous exchanges. Investors can also access market data, charting, and other tools.

TradeServer Cloud offers monthly paid plans ranging from $9 to $99, with a 3-day free trial. The trading volume on the platform is $4.8B

7. TradeSanta – Platform Provides Numerous Indicators and 3-Day Trial

TradeSanta offers the best free crypto trading bot. Investors can try out basic, advanced, or maximum crypto bots for 3-days at no extra cost. TradeSanta’s cloud-based cryptocurrency trading platform operates around the clock. The basic plan is free and includes one bot and access to the trading terminal.

On the other end of the scale, the advanced package includes up to 99 bots, unlimited pairs, trailing take profit, and screener signals. This costs $45 per month. The maximum package offers unlimited AI crypto trading bots, pairs, strategies, futures, custom TradingView signals, and more. This costs $70 a month.

The TradeSanta platform uses technical indicators like the RSI and supports orders from several exchanges. This includes Coinbase Pro, Binance (including the US version), Kraken, Huobi, and others. We found the dashboard to be suitable for both new and experienced traders.

The platform also accepts fiat payments via credit/debit cards. Alternatively, investors can opt for cryptocurrencies like Ethereum and Bitcoin. Investors can partake in copy trading to mirror the strategies of pros. Finally, there is also a mobile app so investors can track their crypto bot.

8. Bitsgap – 7-Day Free Trial on Crypto Robot Trading

Bitsgap offers some of the best crypto bots for those looking to execute the aforementioned grid strategy. The grid trading bot uses strategies like buying the dip, flat (allowing investors to earn USDT on price movements), and custom. Additionally, when writing, Bitsgap states that the DCA trading bots will be added shortly.

The indicators used in these bots include MACD and RSI utilization to outperform the market on bullish and bearish trends. There is also a bot that the Stochastic and Channel indicators to facilitate buy and sell orders inside certain parameters, and HODLing outside them.

There is also a bot called Pure DCA and a customizable option. This suits those who would rather build the best crypto robot for themselves. According to Bitsgap, the best cryptocurrency bot for high risk and reward is focused on futures trading, which uses long and short strategies.

Bitsgap is cloud-based, which means its crypto robot trading service continues to work offline. This platform offers a free 7-day trial, with no credit card required. More than 25 cryptocurrency exchanges are supported. This includes Binance, Gemini, OKX, and more.

9. Binance Trading Bot – Several Trading Bots Suitable for Experienced Traders

Binance trading bots include spot grid bots, futures bots, rebalancing bots, TWAP bots, and auto-invest bots. Each offers different features. 

On that note, spot and futures bots allow users to create a grit strategy for each trading pair. For example, they can set the levels of their buy and sell orders above or below the current price. They can also use these bots to set the preferred investment amount, time period, grid number, and price range.

The Rebalancing bot will be useful for traders who want to buy low and sell high. This bot allows you to use up to 10 cryptocurrencies. When it comes to TWAP and auto-invest bots, the first one allows you to cut large orders into smaller ones to get a better price. However, it can only be used for API and futures trading. 

On the other hand, the auto-invest bot will send the purchased crypto assets to the user’s account. This means that they’ll be able to generate passive income automatically.

10. ByBit Trading Bot – One-Stop Platform for Professional and Beginner Traders Who Are Into Automated Crypto Trading

The Bybit Trading Bots were created with one goal in mind – to improve the profitability and efficiency of crypto trading. These bots operate 24/7 and they execute trades extremely fast. They can also run continuously even when traders are not active, which gives them an advantage over other trading bots.

Like Binance, ByBit offers several types of trading bots. On that note, you can create Futures Grid bots, Futures Martingale bots, Spot Grid bots, and DCA bots.

The Futures Grid Bot is tailored for high-risk traders, and it allows you to use up to 100x leverage. This bot uses three modes – long, short, and neutral. The Futures Martingale bot is a user-friendly tool that uses AI to help traders choose the right trading strategy. It also utilizes automated position scaling.

The Spot Grid bot will help traders profit by buying low and selling high, while the DCA bot will enable investors to buy a pre-agreed portion of a certain crypto asset at regular intervals.

11. OKX Trading Bot –  Automated Trading Bots Available in Several Pre-Created Modes

OKX is one of the largest crypto bot platforms used by more than 940,000 traders. What makes this platform stand out are its trading bots that come in multiple modes. They are also easy to set up and they have a user-friendly interface. With that in mind, traders can use OKX to create their own bots or to choose one of the pre-created bots.

That said, OKX offers several types of pre-created automated bots that can be used for different trading strategies. On that note, you can use four types of grid bots – spot, futures, infinity, and moon, and three types of DCA bots – futures DCA (Martingale), spot DCA (Martingale), and recurring buy. OKX also offers pre-created signal trading bots, arbitrage bots, and slicing bots.

The OKX trading bots are free to use, and they come with a feature that will allow you to copy the trading strategies of professional investors. However, you’ll also be able to customize the bots by adding your own trading strategies.

What are Crypto Trading Bots?

Crypto bot trading allows investors to try to passively profit from the digital currency markets, which are open round-the-clock worldwide.

Most investors lack the time necessary to make the most significant trades consistently. Bots and robo advisors on the other hand, can work 24 hours per day, 7 days per week. For example, in our Bitcoin XOX review we found that the crypto robot claimed to work around the clock to find the best trading opportunities.

As such, investors aiming to create a well-balanced portfolio may decide to employ all resources, including bots.

• Crypto bots can react more quickly than human investors and can also scan markets on a 24/7 basis, which gives them greater exposure to price opportunities.
• A cryptocurrency bot can automatically execute buy or sell orders or deliver trading signals to the investor.
• The investor would first get notifications as soon as specific market conditions are met, at which point they might manually place an order.
• Many investors use crypto bots by subscribing to a signal service.
• This is because they utilize the technology to pinpoint potentially profitable opportunities.

Dash 2 Trade offers a range of features to aid crypto investors in making good choices.

The dashboard utilizes the best crypto trading bot technology to provide advanced features such as social and on-chain data, the technical indicators used in signals, and even a scoring system on the best crypto presales.

Arbitrage Crypto Bots

Cryptocurrency bots come in a wide variety of shapes and sizes. Arbitrage crypto trading bots are among the most often used varieties. Arbitrage bots are technologies that compare prices on different exchanges and execute transactions to profit from differences.

Essentially, arbitrage crypto bots place multiple orders simultaneously to make gains on the spread. Bots that can move quickly enough can defeat exchanges that are slow to update their prices.

After all, the price of a cryptocurrency like Bitcoin tends to vary slightly between platforms. This subsequently enables the arbitrage crypto bot to make a risk-free trade, profiting from the gap in pricing.

Free Crypto Trading Bots

As we’ve touched on throughout this guide, some crypto bots are free, and others come at a cost. The difference between them is usually what’s included in the package.

For example:

• The Dash 2 Trade market terminal provides investors with tier-one price data free of charge
• The free tier provides investors with a glimpse of what the Dash 2 Trade analytics dashboard has to offer
• This includes access to social analytics, pending presale token information, and market data
• To access the professional-grade services offered by Dash 2 Trade, investors will need to pay a monthly subscription fee
• This is standard across most crypto trading bot providers

There are multiple benefits to signing up for a monthly subscription. For instance, monthly subscribers at Dash 2 Trade can access the aforementioned strategy-building and backtesting platform, watchlists, automated trading, signals, and more.

How do Crypto Bots Work?

Cryptocurrency trading bots are programmable and can be automatic, manual, or somewhere in between. That is to say; when market circumstances change, a crypto bot can either automatically execute trades or relay alerts to the investor.

The investors themselves can program some of the best crypto bots. This means the crypto trading robots will be programmed to adhere to specific rules and utilize predetermined trading techniques.

Some bots are designed to make trades in response to certain cues, such as price or volume of trading. When certain specified circumstances are satisfied, a cryptocurrency trading bot can automatically execute transactions by communicating with the chosen exchange and submitting buy or sell orders.

Technical indicators, based on arithmetic about price changes, are used by trading robots to make choices. Trading bots function in several different ways about the user interface as well.

Some have a browser plug-in that enables the trader to communicate with the bot. Others provide clients with common operating systems that may be downloaded as applications. Some take the form of software created specifically for crypto exchanges.

Are Crypto Trading Bots Profitable?

When deployed properly and in the correct situations, a crypto trading bot may create gains for the investor. Crypto bots make it possible to generate profits by squeezing out gains on as many transactions as possible. This is whilst simultaneously making a high number of orders in a short amount of time.

That said, losses can also accumulate swiftly, so it’s important to properly research the best crypto trading bot before signing up.

How to Choose the Best Crypto Trading Bot

Here are just a few of the factors investors can consider when selecting a crypto trading robot:

1. Credibility and Reputation

Any type of internet program provider must have a degree of credibility, especially in cryptocurrency trading bots. Investors risk putting their funds at risk if they use a bot by an untrustworthy team with little to no online presence.

Although evaluating the security of crypto trading bots might seem challenging, the first step could be to check out the team behind the product.

2. Strategies and Features 

There are tons of different crypto trading bot providers out there and while some are lacking when it comes to features and variety, others excel. It’s important to consider goals when looking for crypto bots.

For instance, some utilize strategies and rules perfectly suited to day scalping, dollar cost averaging, or backtesting.

One of the best ways to gain from buying cryptocurrencies is by finding presales. Although, investors can be vulnerable to pump-and-dump schemes, leaving their tokens worthless.

The Dash 2 Trade analytics platform can find legitimate presales based on a strict rating methodology to mitigate this risk. Dash 2 Trade fully understands the importance of risk management for its trading community. Therefore, each of Dash 2 Trade’s top crypto tips includes a take-profit and stop-loss price.

3. User-Friendly Dashboard

The ultimate trading bot doesn’t necessarily have to be user-friendly, but it’s something that both novice and seasoned traders can benefit from and appreciate. The best crypto bots have a user-friendly and insightful dashboard. For instance, the Dash 2 Trade signal dashboard offers direct access to many internal analysts who continuously study the technicals and fundamentals of the cryptocurrency market.

4. Security

When you use a trading bot to execute your Bitcoin trading strategies, the bot gains access to your cash and exchange account. Therefore, it is crucial to select a trustworthy and reliable bot. Choosing an untrustworthy bot may lead to a significant loss of money. You should look for a trading bot with a proven security and reliability track record.

Conclusion

Based on our analysis of this list of the best crypto trading bots, the top choices are Learn2Trade Algorithm, Dash2Trade, and Cryptohopper. These bots help remove emotions from crypto trading by automating data-driven decisions. This allows crypto holders to avoid the markets while using different strategies to achieve specific goals.

However, doing your own research and thoroughly understanding the risks associated with cryptocurrency before engaging in any trading activity is important.

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