Previously, we have already analyzed the top platforms for trading bots, in which we outlined the well-known best crypto trading bots. Now it’s time to delve directly into trading bots and expand the list of best crypto trading bot for beginners and professionals.
Here you will find both well-known, already established best automated crypto trading bot and advanced best AI crypto trading bots, their key features, terms, and prices.
What Is a Crypto Trading Bot?
Let’s start with another refresher, a crypto trading bot is a program that you can integrate into your chosen crypto platform and that helps to automate trading on it.
Crypto trading bots of the old generation are programmed classically, with a specific set of instructions to catch certain indicators while monitoring the market in real-time and reacting in a certain way.
It is a very useful tool that always follows strict rules, and can help you avoid common trading mistakes and stick to the best trading strategies automatically.
However, most of them, even before the hype around AI and ML, had already started using these technologies. They developed into AI crypto trading bots, which are trained on historical market data and can independently detect more complex patterns and obvious indicators that were originally and directly programmed by the developers.
Let’s take a closer look at the key ones, which, due to some or other of their capabilities and limitations will best suit you.
Cryptohopper
Let’s start with the most popular, advanced, and best AI crypto trading bots, one of which is Cryptohopper, founded back in 2017.
This bot has a long history and a good reputation, and it is known to many as one of the key solutions in this field, while maintaining accessibility for beginners as well as becoming attractive to professionals.
Essentially, this bot is part of a complete platform with a very user-friendly drag-and-drop interface that allows you to buy and sell crypto without crypto exchanges, but it also provides its own API that allows you to integrate it into many crypto platforms.
Cryptohopper Main Features
In addition to the automated crypto trading bot, Cryptohopper offers features such as Asset Management, Automatic Funds Conversion, and Crypto Tokens Exchange.
Among the trading features you get:
Automatic trading using a strategy of your choice, including those offered by the platform itself in its Marketplace.
Social trading, which can also be known as copy trading, uses the strategies of other traders whose performance will seem impressive to you.
Strategy Designer where you can create your own strategies taking into account third-party indicators, limits, and automation of actions under certain market conditions with 30+ indicators as / 90+ candle patterns.
Paper trading allows you to use market data and trade fake assets to look at the success of your decisions and hone your skills without the risk of real money.
Shorting allows you an alternative to a traditional stop loss, and the bot will help you sell a position expecting a larger potential loss than your strategy takes into account. Also vice versa, when the price has reached a potential bottom, you consolidate the short and it will directly buy back the position.
DCA bots allow you to automatically trade in such a way as to achieve approximately fixed monthly returns in dollar terms. The specific profit is affected by market ups and downs, but you don’t lose money.
And of course, AI bot trading offers you automatic reading of historical data, optimization of your strategy taking into account the many dependent indicators and candlestick patterns that you may not have considered in your strategy, as well as the most profitable options for related actions.
Cryptohooper Terms and Conditions
Cryptohopper offers you integration with Huobi, its main partner, as well as Poloniex, Kraken, Bittrex, Binance, Coinbase Pro, KuCoin, Cryptopia and Bitfinex.
Regarding the price, you are offered several subscription options with different feature sets.
Pioneer Free – 20 open positions, Portfolio Management, Free manual trading on all exchanges
Explorer $24.16/mo – 80 open positions/exchange, 10 min strategy interval checks, Scan markets with the power of 15 bots + all features mentioned above.
Adventurer $57.5/mo – 200 open positions/exchange, 5 min strategy interval checks, Scan markets with the power of 50 bots + all features mentioned above.
Hero $107.5/mo – 500 open positions/exchange, 2 min strategy interval checks, Scan markets with the power of 75 bots + all features mentioned above.
Many in the industry agree that this is the best crypto trading bot for beginners, and the best free crypto trading bot, because of its user-friendly interface that does not require scripting, and good functionality at an affordable price.
Gunbot
Another key player in the industry and one of the best crypto trading bots, founded a year earlier, in 2016 thanks to efforts of the open source community.
It is well known for its user-friendliness and reliability, as well as the distinctive feature that it is a supportive community and native installation on Mac, Windows, and Linux devices.
Gunbot Main Features
Gunbot also offers you many similar features, among which you will find Automatic trading strategies with indicators like ADX, EMA, EMA spread, SMA, Ichimoku, MFI, RSI, EMA spread, Stochastic, and StochRSI.
You have access to a similar Strategy Designer using JS, where you can specify additional desired indicators yourself, while supported by AI.
Also Regular buy/sell bots, Reversal buy/sell bots, DCA bots, and other 20+ bots for Spot and Futures.
Gunbot Terms and Conditions
Among the crypto exchanges available for integration, Gunbot offers unlimited pairs on the following platforms:
Binance, Binance US, BingX, Bitfinex, Bitget, Bitmex, Bybit, Crypto.com, CEX, Coinbase Advanced Trade, dYdX, Gate.io, HitBTC, Huobi Global, Kraken, KuCoin, MEXC, OKX, Poloniex.
It offers various plans, monthly, and annual, and also the often option nowadays of buying a lifetime license which may be a key reason of choice for many.
Standard $29/mo and $199/lifetime – Spot & futures trading, Unlimited gridbots, Unlimited trading pairs, Ready-made strategies for 1 exchange
Pro $39/mo and $299/lifetime – same for 3 exchanges
Ultimate $59/mo and $499/lifetime – same for all listed exchanges and DeFi Trading + Custom JS strategies + Gunbot Simulator.
This is the best crypto trading bot for beginners, albeit with a less polished interface than the previous version and not as wide a range of features. That being said, even without a free plan, it can be much more profitable in the final recalculation, especially for volume trading, which can also be a great deal for professionals.
And of course, it is the direct choice of all fans of open source, community-developed products and those who are not fans of the subscription model.
HashOnline
Now it’s worth taking a closer look at one of the most powerful solutions on the market, best automated crypto trading bot HashOnline.
Like the previous ones, it is part of a larger platform, but for highly volatile trading, and is generally designed for experienced traders who need a wide range of functionality, flexibility for unique strategies, and very fast operation of the solution itself.
HashOnline Main Features
Among the main features, you will find everything that was in previous solutions like pre-installed bots for Automatic trading, Grid Bots, DCA bots, and ready-made strategies with many built-in technical indicators.
Most importantly, however, it uses the very powerful and flexible HaasScript language, using which your bots and strategies will work very fast.
Of course, you can use this within the platform and integrate bots via APIs for many crypto exchanges.
HaasScript is a proprietary programming language, similar to JavaScript, but much faster and more powerful, which allows you to create any trading bot and strategy.
Among the ready-made HashOnline bots, in addition to those already listed, you will find scalping, arbitrage (inter-exchange, intra-exchange, price spreads), and market making.
You’ll find over 50 technical indicators including RSI, MACD, Bollinger Bands, Moving Averages, Stochastic Oscillator, and Fibonacci Retracements, but HaasScript allows you to create strategies of any complexity, taking into account any factor.
HashOnline Terms and Conditions
HashOnline offers integration to a very wide list of crypto platforms, among which you will surely find yours, namely Binance, Binance US, Bitfinex, Bitstamp, Bittrex, Bybit, CEX.IO, Coinbase Pro, Crypto.com, Deribit, Gemini, HitBTC, Huobi, Kraken, KuCoin, OKX (OKEx), Poloniex, Phemex, Binance Futures, Kraken Futures, BitMEX, Bitpanda Pro, Gate.io, Liquid.
Also, HashOnline provides three types of paid plans with varying degrees of access to its features.
Beginner $49/month – up to 10 trading bots, 3 simultaneous bots, access to basic HashScript features and indicators RSI, MACD, Moving Averages, and 3 exchanges, basic templates for arbitrage and scalping.
Simple $99/month – up to 20 trading bots, 5 simultaneous bots, access to advanced HashScript functions and additional indicators Bollinger Bands, Fibonacci Retracements, and 10 exchanges, additional templates for market making.
Advanced $199/month – up to 25 trading bots, unlimited number of simultaneous bots, access to full access to all HashScript features and the entire library of 50 indicators, and all mentioned exchanges, additional arbitrage features including inter-exchange arbitrage, integration with external signal providers and TradingView API.
This is the best automated crypto trading bot, the most flexible and powerful solution that gives you absolute control over your trading.
Yes, this is not for beginners, and it requires additional technical knowledge, but it takes its place of honor among professionals.
Conclusion
Crypto trading bots are numerous in the market, and there are other worthy options with their unique features both classic and more advanced AI crypto trading bots.
But here you have learned about the most key ones, the best crypto trading bot for beginners and best free crypto trading bot, with the most simple and easy-to-use interface and great features – Сryptohopper.Â
Also a very reliable, best automated crypto trading bot for open source enthusiasts and DeFi – Gunbot. Of course the most powerful, flexible, and advanced solution for professionals – HashOnline
