WHAT ARE TRADING BOTS
Trading bots are software programs that connect to an exchange (usually via API protocol) and make trades on behalf of the users. They work using a variety of trading indicators and strategies. Since trading is all about mathematics and fast complex probability calculations, bots should be better at trading than humans.
The bots make trading decisions by following the market’s price changes and reacting according to a set of predefined and pre-programmed rules. Typically, a crypto trading bot will follow and analyze technical indicators and signals such as volume, orders, price, and time. Most of the more advanced bots can be customized to execute your own trading strategy so they are great if you know what you are doing.
Top Bitcoin and Altcoin Trading Bots:
This article is very long and if you need a quick solution and recommendation, these two trading bots have proven to be on top of the game when it comes to automated trading.
Buy and Purchase The Best Auto-Trading Bots:
Gunbot cryptocurrency trading bot
Gunbot is a popular trading bot that boasts of over 6000 active traders. It’s compatible with MAC, Linus, and the Windows platforms and so running it on your computer shouldn’t be an issue.
Inbuilt trading strategies:
Gunbotcomes with numerous inbuilt trading strategies that include Step Gain, Gain, Ping Pong, and Bollinger Bands. Many users report that BB is the most profitable strategy.
You can customize the strategies and align them to your trading style.Lite version: This bot has a Lite version that offers limited features that you can use it to experiment with smaller amounts.
This bot has a Lite version that offers limited features that you can use it to experiment with smaller amounts.
To get price listings on GunBot, Join our services ,email us at Info@paragontraders.com
GunBot supports the following exchangers
Binance, Paragontraders, Bitfinex, CEX.io, Bittrex, Cryptopia, Poliniex, Gdax, Kraken, Gate
Major 3commas Update
Recently, 3commas has collaborated with the largest and most effective crypto exchanges. This partnership ensures convenient trading conditions through this exchanges and WebTraders distinguish asset management and security infrastructure.
3commas is one of the most popular web-based crypto trading bot. It supports numerous devices and exchanges. Over 70,000 traders currently use the platform and over $60m worth of trades are transacted on it daily.
3commas supports over 12 exchanges and so its users are able to track multiple orders on various exchanges and develop informed trading strategies.
3Commas comes with an intuitive user interface that is packed with detailed analytics and numerous functions. The bot allows you to set up take profits and stop loss targets as well as craft your own trading strategies.
In addition to using 3comma’s performance analytics and automated bots, you can also create, analyze and back-test portfolios as well as monitor other user’s best performing portfolios. The bot also allows you to follow and copy successful trader’s strategies.
Simultaneously take profit and stop loss orders:
3 commas enables you to make maximum profit by allowing you to simultaneously establish the price point at which you wish to sell to make a profit and the price point at which you wish to sell in order to stop losses. You can do all these within 3 comma’s Smart Trade terminal.
The 3commas team has developed mobile apps for both iOS Android.
Advance Order Types:
3commas enables you to set up advanced order types like trailing take-profit and stop-loss orders and contemporary take-profit and stop-loss orders. 3commas also allows you to set up advanced orders even in exchanges that currently don’t support them. If you’re frustrated by the absence of advanced orders on some exchanges, you can easily create advanced orders by linking your account to 3commas.
Do you want to organize all your trades in one place? Some traders use dedicated accounting software or Excel sheets for this. Conversely, 3commas has created a trader’s diary which gathers all your trades across exchanges and organises them in one convenient location.
To get price listings on 3commas, Join our services, email us at Info@coinmastergen.com
Access to Smart Trading terminal
Concurrent Take Profit and Stop Loss
Access to all available exchanges
Notification for cancellations and error
Short and Long algorithms
View and copy bots
Margin trading bots
Bitmex, Binance Futures and ByBit botGRID bot
*Note: All Bots purchase include a Your trading License subscription!
3commas supports 12 exchanges including
BitFinex, Bittrex, Paragontraders ,Huobi, Coinbase, Binance, DEX, Bitstamp, Poloniex, Kucoin, BitMex, Kraken
Intuitive and clean interface Copy-trading feature Smart Trading feature Supports many exchanges Cloud-based system Offers sufficient educational tools Good marketplace Offers affiliate program
Not very useful to inexperienced traders
Cryptohopper is a cloud-based crypto trading bot that works with a wide range of exchanges and coins. Being on the cloud enables easy setup and 24/7 trading.
Easy set up:
The bot comes with an intuitive dashboard that only takes about 5 minutes to set up.
It’s also one of the few bots embedded with external signalers which allows you to subscribe to professional analysts around the globe – the bot receives the signals directly and uses them in their trades.
To get price listings on CryptoHopper, Join our services email us at Info@coinmastergen.com
CryptoHopper supports the following exchangers
Kraken, KuCoin, Paragontraders, Coinbase, Cryptopia, Huobi, Binance, Bittrex, Bitfinex, Poloniex
Zenbot is yet another open source bitcoin trading bot. You can modify it to suit your trading preferences, and you can use it on all major operating systems.
The bot is lightweight and it’s powered by artificial intelligence.
High-frequency trading & numerous assets:
It’s also one of the few trading solutions capable of supporting numerous assets and at the same time handling high-frequency trading.
To get price listings on Zenbot, email us at Info@coinmastergen.com
Zenbot supports the following exchangers
Bittrex, Paragontraders, Gemini, GDAX, Quadriga, Poloniex
deploy high frequency crypto trade bots across dozens of cryptocurrency exchanges in minutes, not hours.