Free Crypto Trading
What are the best crypto trading bots on Binance, Kucoin and other Bitcoin exchanges? Today, many teams offer paid and free crypto trading bots for Bitcoin and other cryptocurrencies. For cryptocurrency traders like you and me, choosing between these services can be cumbersome
Crypto trading bots are software that help you automate your trading strategies. In other words, a cryptocurrency trading bot will automatically execute orders based on your trading strategy on a cryptocurrency exchange without any manual intervention from you. This reduces risk and gives you more advantages than manual traders.
In the days of Mt.Gox, bitcoin traders wrote scripts to buy and sell bitcoins for profit. Over time, these cryptobots have become more sophisticated. Today, you can use these trading bots to trade all altcoins like Ethereum, Dogecoin, Litecoin and more.
Over 90% of crypto transactions today are done through these bots. Therefore, if you do not use any of these software, you may be at a significant disadvantage when competing with these trading bots.
However, getting started with a crypto trading bot can be confusing and overwhelming. That's why we have selected the best and most user-friendly trading robots for you. Some of the trading robots listed below are free and open source software.
If you are a beginner, I recommend you start by creating ready-made trading strategy templates to reduce the risk of errors when automating your own strategies.
1. Pionex - Free Bitcoin Crypto Trading Robot [Join Pionex]
You don't have to mess with your API keys when using Pionex. So far, there are 16 free cryptocurrency bots on Pionex: Pionex Grid Trading Bot, Pionex Leveraged Grid Bot, Pionex Margin Grid Bot, Pionex Infinity Grid Bot, Reverse Grid Bot, Leveraged Reverse Grid Bot, Dollar-Cost Averaging Bot, TWAP Bot, Trailing Profit Bot, BTC Moon, ETH Moon and Spot Futures Arbitrage Bot (click here).
Pionex is an exchange with a built-in crypto trading bot. It is one of the best free cryptocurrency trading bot platforms I have seen since 2017. (The year I started buying cryptocurrencies :P) It aggregates liquidity on Binance.com exchange and Huobi and offers free trading bots on it.
2. Bitsgap - Binance Grid Trading Bot [Join Bitsgap]
Bitsgap bot is known for its unique automated trading bot. Thousands of crypto traders of varying experience and skill levels use Bitsgap every day to maximize returns by automating their trades.
The algorithm implemented by the Bitsgap trading bot is based on a simple and effective technique called GRID. It prorates investments within a trading range predefined by crypto traders. Additionally, the Bitsgap registration process is very simple and can be completed in minutes.
Every time a buy limit order is executed, the bot places a new sell order above that price. Vice versa, a new buy order is placed under every executed sell order. The bot will keep trading as long as the price stays within the limits of the trading range.
Additionally, Bitsgap recently launched its trading bot Bitsgap Futures, which can open and close hundreds of small positions in a single day. So, get smaller returns and minimize risk. You can download the Bitsgap app and get an easy-to-use cryptocurrency trading experience.