Top 5 Best Crypto Trading Bots
Cryptocurrency is the medium of exchange similar to normal currencies such as USD but here the purpose is for the digital information.
However, because it is not tied to a particular country, its value is not controlled by a central bank.
With bitcoin, the leading functioning example of cryptocurrency, value is determined by market supply and demand, meaning that it behaves much like precious metals, like silver and gold. Cryptocurrency can be brought into trading too. It has benefited many people giving them double profits. There is no rocket science behind it because all the work is performed by the system. Crypto trading bots have also taken into the cryptocurrency ecosystem.
Crypto trading robots are computer programs that work automatically in recognizing the hindmost trends and then executing trades. They are mostly for private investors and made their way into the crypto asset market. Automatic trading bots are a new invention and have brought storms in the recent world.
The fact that your offer was immediately countered by a better offer does not mean that someone is always grinding in front of the computer. You just triggered a crypto trading bot when you placed your order many trading robots are showing immense trading options. This article comprises of top five trading bots. They would help you in the future while choosing for any crypto bot.
The List of Top Crypto Bots
- Bitsgap: The Bitsgap trading bot is an exclusive feature that allows you to make small but frequent profits on every market move. It is based on the popular grid strategy that involves placing a series of buy and sell orders within a given price interval. Your investment is distributed into multiple levels at which orders are executed, and new ones are placed. Currently, Bitsgap is integrated with more than 30 popular exchanges, including Binance, Kraken, and Bitfinex. It’s a fully secure and reliably fast interface, with the platform having access to more than 10000 cryptocurrency trading pairs. Several indicators and bots are available to formulate your strategies and make efficient trading decisions.
- Immediate Edge Bot: Immediate Edge bot is one of the cryptocurrency bots that helps in trading cryptocurrency. It provides binary options. People can trade cryptocurrency and make foreign exchanges too. It has a specialized algorithm technology that guarantees no mistake. People can deposit a minimum amount and gain profitable achievements. Having no hidden charges for registering, a great quality customer service and fast payouts make it one of the renowned trading bot. However, the detailed Immediate Edge review would help you to choose it in future. The popularity of this bot has benefited many people in gaining tremendous profits.
- 3 Commas: It is a brilliant automated cryptocurrency trading bot that helps people in putting trades in Bittrex, Binance, etc. though it is new still has gained a lot of popularity. The ability to trail the crypto market is one of the unique features. It closes the trade when a great profit has been reached. It is completely accessible through websites and is available 24 hours. Users can switch from a starter plan to other expensive plans at any time.
- Kryll.io: They have introduced new strategies into trading bots. The innovative features have made them more popular among others. Users can make their strategies and the interface is to lucid to use. The new-age features have brought a change in bots. Kryll has their tokens and is legit to try out.
- Zignaly: Zignaly is still in development stages but their transparency feature has won many hearts. They have provided an openness to the people by sharing the details. The users can freely contact the developers at any time and even provide suggestions that normally other bots may not provide. It has provided flexibility by giving people the option to customize their strategies.
- Gunbot: Gunbot having 600 active people daily taking advantage of the services. It can easily run on local pc including mac books too. The bot has 32 different strategies invented beforehand that can provide passive income to people. It also has a lite version having limited options but there are services available post-purchase too.
- Gekko: It is one of the most versatile crypto trading bots that are on-demand now. It is free to use without any bugs. It uses a web interface to contact the users. The bot can be used in autopilot having pre-configured strategies and can also be used in the mode where you can construct your strategies. Integrating with the telegram messenger you can even be notified about your trades.
Trading is the best way to generate money but you should know about markets too. It is better to use some trading bots that can equip you with knowledge and aid in trading. Though they do help you but the parameters set by you must be updated and checked. It is necessary to keep an eye too. Choosing the right strategies and adjusting the settings can make you an immense trading profit.