March 25

Best Crypto Trading Bots (Free & Paid) in 2021

Cryptocurrency

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KuCoin - Best option for beginners

KuCoin is an exchange but they provide their customers a free trading bot which is integrated into their app.

Although its basic, I recommend beginners start with the KuCoin trading bot for six reasons: 

  1. Its free
  2. KuCoin provides the parameters of the most successful bots so you can just copy them
  3. KuCoin has some of the lowest trading fees in the world
  4. Get access to a great community where people share strategies
  5. Currently the KuCoin bot has limited options meaning its great to learn with
  6. KuCoin has a large userbase which means their markets are deep with lots of liquidity.

Once you want to implement more complex strategies maybe then graduate to more complex bots (see options below).

The KuCoin trading bot currently offers two strategies, dollar cost averaging and grid trading. But they have plans to add more strategies and capabilities soon so by the end of this year I expect this to rival other bots on the market.

So what exactly are the capabilities of this bot? So you start off by choosing your trading pair (eg: btc/eth), KuCoin offers hundreds of pairs, I always choose a pair that includes the stable coin USDT which reduces my volatility. Then you choose the range in which you want your bot to trade, for example if you choose the lower end of your range to be $10 and the upper end to be $20 the bot would stop buying when the price is below $10 and stop selling when its above $20. Then you need to specify how many orders you want your bot to place at any one time, I usually choose around 50. This means the bot will set out to make roughly 25 buy orders and corresponding sell orders. After that you need to specify your total investment, I recommend you start small if you're a beginner, around $50.

And that's it, you just click create and it gets to work instantly. To learn more about KuCoin read our full review of their exchange here.

Fees:

  • 100% free

Supported Exchanges:

  • KuCoin
Visit KuCoin

CryptoHopper

A beginner-friendly and very popular crypto trading bot, CryptoHopper comes equipped with tools such as:

  • Extensive tutorial section for newcomers
  • Paper trading
  • List EleTrailing stop-lossment
  • Backtesting
  • Strategy designer
  • Signaler Dashboard: Allows users to subscribe to external signalers

The strategy designer tool in particular deserves special mention as it’s ideal for those that are still new to trading in general. The 130+ indicators make it super easy to personalize your own trading strategy, while learning in the process. Alternatively, you can also buy established trading templates and unique strategies from experienced traders from within the CryptoHopper platform itself. Last time we checked, the cloud-powered trading bot supported 12 different exchanges, but the ever-expanding list could be longer by the time you start using it.

Keep in mind that CryptoHopper is not just for beginners, as it has an extensive marketplace for expert traders to utilize as well. Within the marketplace, there are plenty of free and paid signals to choose from. If you know what you are doing, the scope of putting together multiple signals with CryptoHopper’s technical indicators can allow for extremely detailed and personalized trading strategy creations.

Fees 

  • Free Pioneer Package with minimal features for portfolio management and manual trading
  • Explorer Package with all features: Free trial for the first 7 days, following which you will have to choose a package between $19 - $99.

Supported Exchanges:

  • Binance.us
  • Bittrex
  • Bitfinex
  • Binance
  • Coinbase Pro
  • Huobi
  • HitBTC
  • Kraken
  • Bitvavo
  • OKEx
  • KuCoin
  • Poloniex
Visit CryptoHopper

Bitsgap

Bitsgap is one of the newer and better examples of what the well-designed, automated trading bots of today can do. Some of the main advantages Bitsgap’s highly advanced, inbuilt algorithm brings to the market for new and advanced users alike would be:

  • Automated trading
  • Potential to profit on each trade as the market fluctuations are capitalized on immediately and without manual input

For those looking for a more personalized experience with their own trading strategies, the bot also has the necessary signals to keep users aware of potential investments with the highest possibilities for short-term and long-term returns. Bitsgap has its own trading platform, so in-app trading is supported.

Fees 

  • Initially free for a 14-day trial period
  • After the trial is over, you will need to select one of their plans which can cost anything between $19 - $110 every month

Supported Exchanges:

  • BigOne
  • Binance
  • Bitfinex
  • Bit-Z
  • Bittrex
  • Bibox
  • Bitstamp
  • CEX.IO
  • Coinex
  • Coinbene
  • DDEX
  • Bithump
  • Exmo
  • Gate.io
  • Gemini
  • Huobi
  • Kraken
  • Kucoin
  • Liquid
  • HitBTC
  • Livecoin
  • OKEX
Visit Bitsgap

HaasOnline

What we have here with HaasOnline is an automated trading bot + platform, which was designed exclusively with advanced traders or serious newcomers in mind. Let’s take a quick look through the cloud application’s prime features next:

  • The backtesting feature in HaasOnline is capable of delivering results by backtesting a very impressive 56 weeks (maximum) of past data
  • Implementing a spread order strategy in any market with its Flash Crash bot tool is easy
  • Support for multiple futures trading exchanges is good news for margin traders
  • HaasOnline currently supports 22 trading exchanges
  • The Visual Editor tool keeps HaasOnline accessible to serious newcomers as well, making it intuitive and easy for them to learn about building trading strategies

Fees(All 3 Charges are One-Time Fees)

  • 0.047 BTC – Beginner Package
  • 0.083 BTC – Simple Package
  • 0.135 BTC – Advanced Package
  • Two weeks of Advanced Package facilities at a slightly discounted rate serves as the trial offer

Supported Exchanges:

  • Binance Futures
  • Binance.us
  • Binance
  • BitMEX
  • Bitpanda Pro
  • Bitstamp
  • Coinbase Pro
  • Bittrex
  • Ionomy
  • Bitfinex
  • Cex.io
  • Gemini
  • Huobi Global
  • Deribit
  • HitBTC
  • Kraken Futures
  • Kraken
  • KuCoin
  • OKEx Futures
  • OKEx
  • OkCoin
  • Poloniex

Visit Haasonline

3Commas

Another automated trading bot that is new to the market but is already making a name for itself would be 3Commas. The bot relies on the Dollar Cost Averaging (DCA) strategy to mitigate the common volatility aspects associated with crypto trading. 3Commas’ trailing stop feature opens up the user’s position and keeps it open only while the asset’s price begins to rise and continues to be on the up. The moment the user’s target asset begins to decline, the user’s position will be closed off automatically. Why this feature is such a hit is because it allows even novice traders to maximize the volatility of an unexpected and sudden bull market.

Some of its other important features can be highlighted as follows:

  • It supports as many as 20 trading exchanges
  • 3Commas has support for a much wider range of currencies than the average trading bot
  • The cloud-powered app also offers beginner-friendly tools such as paper trading to learn about and test out customized trading strategies
  • SmartTrading for expert traders allows users to trade from all supported exchanges via the unified intuitive interface
  • Partnership with CryptoTrader.Tax enables automated, hassle-free tax reporting

Fees

  • Initial 3-days of free trial (Pro) which includes all features mentioned and more
  • After the trial period, users can choose to pay between $22, $37 or $75 per month, depending on their needs
  • 15% or 25% discounts are offered on all packages if the user pays for 6-months or 12-months respectively
  • Market signals are sold separately by 3Commas and they are not included in any of the packages

Supported Exchanges:

  • Binance.us
  • Bitstamp
  • Binance Futures
  • Binance
  • BitMEX
  • Bitfinex
  • Bybit
  • Binance DEX
  • Coinbase Pro
  • Bittrex
  • Cex.io
  • Exam
  • Gate.io
  • Huobi Global
  • KuCoin
  • HitBTC
  • Kraken
  • OKEx
  • YoBit
  • Poloniex

Visit 3Commas

Shrimpy

Shrimpy is primarily a trading portfolio management app, but augmented with the right automated trading tools. In fact, the platform’s extremely popular automated portfolio rebalancing feature is one of the best in the market, if not the best. Shrimpy has its own interface for streamlining multiplatform trading for advanced users as well.

Let’s highlight some of the app’s other important features next:

  • Robust, easy to understand tutorials
  • Pro-grade backtesting
  • Social trading with vast community support across Reddit, Telegram and Discord
  • Hassle-free tax reporting with CryptoTrader.Tax

Fees

  • Free version for basic portfolio management features
  • Depending on the user’s needs, some or all of Shrimpy’s automated and advanced features can be availed at $13 - $19 per month
  • Enterprise-grade features cost a lot more, but you will have to contact them for appropriate pricing details regarding those

Supported Exchanges:

  • Bibox
  • Bitstamp
  • Bittrex
  • Binance
  • Binance.us
  • Bitfinex
  • BitMart
  • Coinbase Pro
  • OKEx
  • Bittrex Global
  • Huobi Global
  • HitBTC
  • KuCoin
  • Kraken
  • Poloniex

Visit Shrimpy 

Coinigy

Coinigy’s user interface allows seamless multi-exchange integration, enabling traders to stay in sync with and trade across all their platforms from a single terminal. Anyone who has been crypto trading for some time now should be quite familiar with the bot app since Coinigy is one of the top platforms available today across Windows, MacOS, iOS and Android. We will quickly go through some of the best features that Coinigy has to offer to its users next:

  • iOS and Android apps allow for seamless mobile trading across all desktop and smartphone/tablet platforms via cloud integration
  • Coinigy has roughly 75+ technical indicators, and accepts integration of third-party sources to further bolster the user’s collection
  • CryptoTrader.Tax integration allows for seamless and error-free tax reporting
  • Coinigy is a big name in this market with a huge user base and the consequent community support for everyone trading in it

Fees

  • Free to use but you will need to pay if you really want to take advantage of Coinigy’s many features.
  • Several tiers exist for paid accounts, ranging between $18.66 - $99 per month.

Supported Exchanges:

  • Kucoin
  • inance
  • Bitstamp
  • Bitfinex
  • Coinbase Pro
  • CEX.IO
  • Huobi Pro
  • Kraken
  • Bittrex
  • Poloniex

Visit Coinigy

Zignaly

Although Zignaly might be a new name in the market as a trading terminal, the company has vast experience and a well-established reputation in crypto trading all the same. The thing is that Zignaly already was one of the leading providers of crypto trading signals long before they decided to launch their fully featured combination of trading bot app + trading platform. We will check what the company has done to make itself stand out among the competition next:

  • Paper trading features to help newcomers learn the business of crypto trading
  • Copy trading with designated trading bots to seamlessly copy the target trader in almost real time
  • Trading platform integrated with very limited multi-exchange support unfortunately
  • Easy to use UI with tutorial integrations for beginners
  • Deep, reliable and accurate crypto signals, which is to be expected from a company that has so much experience with creating technical signals
  • Seamless third-party signal integration and automated trading strategy creation support for plenty of other providers as well
  • Partnership with CryptoTrader.Tax ensures that the trader’s tax reporting is never off the mark or late

Fees

  • Nonexistent: Zignaly is truly free to use for the most part

Supported Exchanges:

  • Binance
  • KuCoin
Visit Zignaly

Kryll

If you are looking for a trading bot and platform that will allow you to create very personalized, unique trading strategies of your own, look no further than Kryll. Their drag-and-drop graphical user interface is intuitive, detailed, and surprisingly easy to operate for even intermediate users. Perhaps the best part about Kryll is the fact that anyone can use the application to learn and create a basic trading strategy for free, complete with demo trades for better understanding. However, you will need to pay for their services if you wish to use that strategy or any other for actual crypto trading with real money.

Kryll software has a marketplace which must be mentioned here, because it allows advanced crypto traders to make their own customized trading strategies available in the market. You will earn commissions from every profitable trade, alongside the general fees from every user just for copying your trading strategy.

Fees

  • Users pay in KRL tokens per trade (pay-per-use), which is variable
  • As much as 20% of the user’s Binance transaction fees could be waived off if they use Kryll

Supported Exchanges:

  • Binance
  • Binance.us
  • HitBTC
  • Bitstamp
  • KuCoin
  • Kraken
  • Liquid
  • Bittrex

Visit Kryll

Coinrule

Coinrule has the most beginner-friendly, free-trial period you are likely to find. The British company is fairly new to the market, but they have already made a decent name for themselves with an intuitive UI design, a proper, free-trial period and a beginner-friendly approach to the whole idea of designing personalized trading strategies. Powered by a comprehensive tutorial section, clever use of easy-to-decipher terms and a visually attractive UI, Coinrule is arguably the most accessible crypto trading bot and strategy designer available today. Let us go through a few basic elements of the app’s design and implementation next:

  • In Coinrule, trade orders are called “Rules” for easier understanding, because that is essentially what they are
  • The “Rule Page” is Coinrule’s trading strategy development section
  • The IFFTT (If-This-Then-That) logic used here to help newcomers develop trading strategies is also an excellent tutorial in itself
  • The above method intuitively teaches you how to implement Conditions and Actions, while developing your bot’s trading strategy
  • Coding expertise, or even experience in trading is not necessary to use Coinrule at all

Fees

  • The free trial includes 1 real trade with a maximum of 2 rules
  • $29/month – Hobbyist
  • $59/month – Trader
  • $449/month – Pro
  • There are also yearly packages with discounts

Supported Exchanges:

  • Bittrex
  • Poloniex
  • HitBTC
  • Bitstamp
  • Bitpanda Pro
  • Kraken
  • OKEx
  • Liquid
  • Coinbase Pro

Visit Coinrule

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