Ever wondered why some crypto traders make trading seem like a breeze? More often than not, they are using some kind of bot or a program.
In this article, we’re spilling the beans on the best AI crypto trading bots to choose from for your daily trading and investing.
These automated trading bots are like having a savvy trader in your pocket, analyzing data, and making moves while you kick back. But first, let’s have some idea of what an AI crypto trading bot is.
What are AI Crypto Trading Bots?
AI crypto trading bots are automated programs that buy and sell cryptocurrencies depending on specified parameters to generate profits.
These bots analyze and process tons of market data such as price, volume, timeframe, and orders.This information is used to set up and fine-tune the parameters to work together with specific trading strategies and tactics.
Now let’s talk about the best AI crypto trading bots in the market.
Seven Best AI Crypto Trading Bots
Here are 7 best AI crypto trading bots in the market:
1. Cryptohopper
Starting with our list is one of the best AI crypto trading bots out there, Cryptohopper. It allows you to handle all of your exchange activity in one spot. This tool allows lets you trade several crypto pairs such as BTC, Ethereum, Litecoin, and others.
Cryptohopper, at its core, enables you to trade the cryptocurrency market without fear or emotion. And, you get access to multiple trading tools that will help you earn those sweet profits. These measures will also protect you against market hazards.
Here are its main features:
- Real-time performance reports
- Android and iOS device support
- Create your own technical analysis
- Large selection of strategies and bot templates
- Algorithms support EMA, RSI, BB, and other popular indicators
2. TradeSanta
TradeSanta is a cloud-based AI crypto trading software that makes automated crypto trading tactics available to everyone.
You must connect your crypto exchange account to the platform to use it.
Then, you have to build a trading strategy by picking the exchanges and pairings to trade, establishing technical indicators and rules, and determining when transactions should be completed.
To respond to diverse market circumstances and customer preferences, TradeSanta offers popular methods like Grid and DCA (dollar cost averaging).
Technical indicators like RSI, MACD, and Bollinger Bands can help you locate the ideal entry points and use Stop Loss features to reduce your risk during significant market changes.
Right now, TradeSanta supports several exchanges, including Binance, Bittrex, Bitfinex, Huobi, and Upbit.
Here are its main features:
- Supports over 5,700 crypto pairs.
- Offers hundreds of trading strategies.
- Handles large trading volumes.
- Affordable monthly fees.
3. Gun Bot Shop
Gun Bot Shop is one of the best AI crypto trading bots in the market. It allows you to automate your trading and get autopilot passive income. The platform supports over 100 exchanges, including Binance, Binance US, Bitmex, Coinbase Pro, Kukoin, HitBTC, Kraken, and others.
The program, which is compatible with Windows, Mac, and Linux, allows you to automate crypto trading and produce passive revenue. It provides free access to a support Telegram channel and 14 precoded professional trading techniques.
Here are its main features:
- Lifetime updates for free
- Trade on unlimited exchanges at the same time
- Telegram and Premium support
- Backtesting, TV, Simulator, Defi, etc
4. Stoic
Stoic AI is fully automated and one of the best AI crypto trading bots that require no user input. It’s already configured and is always ready to be deployed.
The bot’s trading tactics are considered “market neutral.” This means that regardless of whether the market is bear or bull, these trading bots are engineered to generate profits in any market.
They provide 4 trading strategies:
- META: The moderate risk strategy
- FIXED INCOME: The low-risk strategy
- LONG ONLY: High-risk strategy
- META LONG ONLY: Autotuned strategy
Here are its main features:
- Powerful AI technology
- All-in-one mobile app available for iOS & Android
- Clean & intuitive interface suitable both for beginners & experienced traders
- Focuses on diversification and risk management to help mitigate risks and boost long-term growth
- Strong security: the bot doesn’t have access to your funds. They only have permission to trade.
5. Cryptohero
CryptoHero is an AI crypto trading bot with a number of features that make it appealing to many traders.
The AI-optimized robots study the market and discover the best chances, giving you the ability to specify both entry and exit conditions. You can also use several indicators to keep track of market trends.
If you’re not convinced about a trading strategy, Cryptohero lets you backtest it against previous market data.
This allows you to examine how your approach would have performed under various market conditions, giving you greater confidence in your judgments.
Here are its main features:
- Low-risk arbitrage
- Dollar-cost averaging
- TradingView Support
- Trade Spot and Futures markets
- Accessible on Android, iOS, and PC.
6. Quadency
Quadency is a free crypto trading bot for both retail and institutional traders, It uses the power of artificial intelligence to simplify all well-known cryptocurrency trading tactics.
Regardless of the exchange you used to access the crypto market, Quadency provides real-time insights into all of your assets.
This bot enables you to begin trading automatically and quickly and also allows you to choose from pre-built popular strategies or create your own.
Here are its main features:
- Create your own bot
- Crypto portfolio tracking
- Excellent customer support
- Multi-exchange smart trading to trade from top-tier exchanges
7. Botcrypto
Botcrypto is a fully automated AI crypto trading bot that works for every trader. It searches the cryptocurrency market for profitable coin pairs and then helps you in trading the assets on autopilot to optimize profits.
This trading bot provides 24-hour support and a visual editor. Because of the platform’s over 20 technical indicators, it promotes dollar-cost averaging and wise investing.
Botcrypto allows you to personalize your trading tactics. You can program the bot to work for you whether you want to be a day or swing trader. Botcrypto works flawlessly with exchanges such as Binance and Kraken.
Here are its main features:
- No coding skills are required
- Provides real-time performance reports
- This bot can help you manage your emotions
- Botcrypto can help you take a profit when the market goes south
Summarising – 11 Best AI Crypto Trading Bots in 2023
- Cryptohopper
- TradeSanta
- Gun Bot Shop
- Stoic
- Cryptohero
- Quadency
- Botcrypto
In addition to these, here are four more AI crypto trading bots you can consider:
Best Crypto Trading Bots Put You on Autopilot
So, there you have it. We’ve taken a dive into the world of the best AI crypto trading bots, and let me tell you, these bots are like the superheroes of the crypto realm.
They’re not just your average bots – they’re the cream of the crop, the top dogs in the trading game.
From reading market trends with the finesse of a seasoned trader to managing risks like a pro, these bots have it all.
Whether you’re a newbie finding your feet or a crypto guru, these AI trading bots could be your secret weapon.
So why not give them a shot? With these AI bots by your side, you might just conquer the wild roller coaster of crypto trading like a champ. Happy trading!
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