Best Crypto Trading Bots 2020: Which Bot is The Best Bitcoin Bot?

Best Crypto Trading Bots 2020: Which Bot is The Best Bitcoin Bot?

1. Cryptohopper 2. 3 Commas 3. Gunbot
3commas logo Gunbot logo
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Choosing the best crypto trading bot is not easy! With hundreds of bitcoin trading bots available, choosing the right one is a tad bit confusing. This is why we have made this post so that we can get closer to answering your question ‘Which is best trading bot’?

We have tried and tested some trading bots and then compiled a list of the top trading bots based on the features, usability, security, robustness, credibility of the bots. We have included both free and paid options in the list.

Before choosing the best bitcoin trading bot, let us quickly go through the different types of trading bots currently available.

Types of Crypto Trading Bots

There are many trading bots that are available to the users. Which one to choose is the question. It is a tricky product to have variation in. There are some factors that will help people identify which trading bot is for them. There are also various types of trading bots depending upon the use of the bot which the customer has. Firstly, let us have a look at the types of trading bots that are out there.

1) Arbitrage

This method is considered the most basic and simplest out of all other trading techniques. This method capitalizes the difference between different market shares, by buying them at a lower price and then selling them at a higher one. This is a simple rule to make a profit, and this is exactly what the Arbitrage method does.

It captures the data which is available out there for perusal, and hence finding the lowest prices to buy the shares at. It also finds the best avenues to sell these same shares at a profit, which is the purpose of the whole game.

2) Market Making

This is the most popular method which is employed. It means that the bot will find avenues for the consumer to invest in, keeping in mind the limits and necessities that they have. This ensures that only the best investments are made.

It also makes certain that all the investments are according to the interests of the user, which is a concern when making any investments. This is the form of trading that is now the most relevant, as arbitrage is now considered to be obsolete. 

These two forms of trading are what trading bots specialize in nowadays. There are bots that combine the two as well. Hence, a customer must be sure as to the way they want to use the bot and make the purchase accordingly. 

There are only a few things that one can observe in a trading bot to make sure that the buy is worth the cost. The first factor to take into account is what features are included in the package. Features here means the capabilities of the bot. How it handles the data, the percentage of accuracy it provides on its results, the cost and offers , the scale at which it works or the amount of data that it works on, and so on. 

Each feature has something to contribute to the investment made by the consumer. Hence, the customer must scrutinise all these factors before deciding on a bot. This bot itself will act as an investment, so one has to make sure that it is a good one.

There are many trading bots out there to choose from. The companies which have made these bots are experts in the field of cryptocurrency and trading, which makes it apt for them to come out with such products.

These products come in all variations, which is why there is a vast array to choose from. The top trading bots have been listed here for the customer to choose from. Each bot is better than the next and suits different requirements. So, a customer must be fully aware of the specifications and the requirements that the Trading bot needs to fulfil.

Top 10 Best Crypto Trading Bots 2020

1. Cryptohopper

This platform has been a part of cryptocurrency trading for a very long time.

The reason Cryptohopper is a huge success is because of their commitment to detail. They have a 24-hour open channel, which is why the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface, as well, is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. Cryptohopper supports all popular currency exchanges. This means that Cryptohopper can support every type of trader and investor that is out there.

Many terms are associated with the software and algorithms, which Cryptohopper uses. Trailing stock loss, full technical analysis from Stoch and RSI to Bollinger Bands and MACD, are some of the features which Cryptohopper provides in terms of backend aid.

Even experienced traders can fully utilize the site to its maximum output by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to channelize their talents fully. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Cryptohopper is a great trading bot that works in all formats and for each customer. It is fully capable of helping traders make transactions and investments that will bring them the profits of huge margin. It is a platform that offers a free trial to anyone who wants to put Cryptohopper to the test, which is amazing. All factors, when looked at objectively, show that Cryptohopper is a diamond in the rough.

GET STARTED WITH CRYPTOHOPPER!

2. 3Commas

Best bitcoin trading bot

3Commas is a well established and reliable trading bot that can be used for all sorts of trading maneuvers that are possible.

The reason 3Commas is a huge success is because of their commitment to detail. They have a 24-hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by C3Commas. This means that 3Commas can support every type of trader and investor that are out there.

There are many terms that are associated with the software and algorithms which 3Commas uses. Trailing stock loss, full technical analysis from Stoch and RSI to Bollinger Bands and MACD are some of the features which 3Commas provides in terms of backend aid.

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

As a whole, 3Commas is a platform which is suited to work for people and provide answers to all questions of the user. It is a trading bot which is destined for greatness as it adheres to the needs of the customer and takes into account feedback. All these are signs that any one who uses 3Commas will not be disappointed.

GET STARTED WITH 3COMMAS HERE!

3. Gunbot

The reason GunBot is a huge success is because of their commitment to detail. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by GunBot. This means that GunBot can support every type of trader and investor that are out there.

There are many terms that are associated with the software and algorithms which GunBot uses. Trailing stock loss, full technical analysis from Stoch and RSI to Bollinger Bands and MACD are some of the features which GunBot provides in terms of backend aid. 

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, GunBot is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free trial to anyone who wants to put GunBot to the test, which is amazing. All factors when looked at objectively, show that GunBot is a diamond in the rough.

GET STARTED WITH GUNBOT HERE!

4. Zignaly

Zignaly logo

This is a platform which is new when compared to others, but is still at the top because of their versatility and freshness. All it takes for the customers to use this bot is $12 per month, which is quite inexpensive to others.

The reason Zignaly is a huge success is because of their transparency. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by Zignaly. This means that Zignaly can support every type of trader and investor that are out there.

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Zignaly is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free trial to anyone who wants to put Zignaly to the test, which is amazing.

GET STARTED WITH ZIGNALY HERE!

5. Haasbot

Haasbot logo

This is an expensive platform which has been a part of trading with cryptocurrency for some time now.

The reason Haasbot is a huge success is because of their commitment to being a complete platform. The interface is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of. Other than that, it requires minimum work by the user, as the bot takes care of the rest. It is designed in such a way to operate that the input is less, but the output is extraordinary. It does all the work for the user.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion.

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Haasbot is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin.

Haasbot is only one issue. It is the cost of the platform, which is quite expensive when compared to other platforms. This is a huge disadvantage for the bot as there is not even a free trial where the customer can see whether the site is for them or not. The contemplation has to be done by the user if they are willing to spend such an amount to work less in the long run.

Other than the cost, the platform is an excellent one for traders. It is easy to use and has had excellent responses from various users. It is a bot which is worth spending on.

GET STARTED WITH HAASBOT HERE!

6. Crypto Trader

cryptotrader review

This is a platform which has been a part of trading with cryptocurrency for a very long time.

The reason CryptoTrader is a huge success is because of their commitment to detail. The bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by CryptoTrader. This means that CryptoTrader can support every type of trader and investor that are out there.

CryptoTrader offers their platform to users in a variety of options. These options vary in cost as they provide different features and take care of different facets of trading. For example, the highest paid version is for professional traders, who can code as well. There are other free versions, which newcomers can try. They also take payment only in Bitcoin, which may be a benefit or a loss, depending on the customer.

CryptoTrader is a platform which offers the world to its customers, but at a cost. It does not come cheap and there are many levels to understand and choose from. The disadvantage it has over other platforms is that the payment can only be paid in Bitcoin. This is a bummer, as the platform is a great one to have at one’s disposal.

GET STARTED WITH CRYPTOTRADER HERE!

7. Cap.Club

Cap.Club is a Russian trading bot which is beating all others on its way to the top because it makes sure that the customers remain satisfied. They have different versions, one free and an upgrade for the customers. 

The reason Cap.Club is a huge success is because of their commitment to customer service. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by Cap.Club. This means that Cap.Club can support every type of trader and investor that are out there.

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Cap.Club is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free version to anyone who wants to put Cap.Club to the test, which is amazing. The upgrade that comes at a cost has some additional features, which the customers can use if they need necessarily.

The free version offers all the features that the platform has to the customers, hence making it ideal for all forms of user. The paid upgrade is only to get rid of some hitches. All factors when looked at objectively, show that Cap.Club is a rare species of trading bot which is in excellent shape and here to stay.

8. Exchange Valet

Exchange valet is a platform which is a toolkit which can be used by the user to make important calls about various investments. This platform is quite flexible and it bridges the gaps which are there are other platforms. The flexibility is in terms of the unique features which this platform provides. 

The reason Exchange Valet is a huge success is because of their commitment to filling the gaps which the other bots fail. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It is easy for the user to interact with the bot and make decisions which are in the best interest for the business.

This platform has the ability to make stop loss and profit orders simultaneously, which makes it easier for the user to peruse. This setting is important for two reasons. Firstly, it helps the user to be more on hands with the entire process. Secondly, it helps Exchange Valet stand apart from the other platforms which are out there.

The bot provides handy tools for managing one’s portfolio. This helps the user in keeping a regular check on the ongoings of their account and the investments. This is crucial as the customer must never leave the investments unsupervised. 

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Exchange Valet is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free trial to anyone who wants to put Exchange Valet to the test, which is amazing. All factors when looked at objectively, show that Exchange Valet is a diamond in the rough.

9. Signal Groups

This is a platform which has been a part of trading with cryptocurrency for a very long time.

The reason Cryptohopper is a huge success is because of their commitment to connectivity. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. Binance is what Signal Groups support. This is one drawback, as it does not support other variants

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Signal Groups is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free trial to anyone who wants to put Cryptohopper to the test, which is amazing. All factors when looked at objectively, show that Cryptohopper is a diamond in the rough.

10. Live Trader

This is a platform which has been a part of trading with cryptocurrency for a very long time. Liev Trader is a well established and reliable trading bot which can be used for all sorts of trading maneuvers that are possible. 

The reason Liev Trader is a huge success is because of their commitment to detail. They have a 24 hour open channel, hence the bot works tirelessly towards securing whatever is best for the investment of the customer. The interface as well is remarkable. It takes a minute amount of time to load and is easy for the customer to get the hang of.

They bring in expert traders, who can guide the investors in the right direction. Everyone on the platform is aided by machine learning algorithms, which help in determining the factors of the market in a much better fashion. All popular currency exchanges are supported by Live Trader. This means that Live Trader can support every type of trader and investor that are out there.

There are many terms that are associated with the software and algorithms which Live trader uses. Trailing stock loss, full technical analysis from Stoch and RSI to Bollinger Bands and MACD are some of the features which Live Trader provides in terms of backend aid. 

Even experienced traders can fully utilize the site to the maximum output, by tweaking certain aspects and using the wizard. They can set parameters as per their choice and experience, hence providing them a platform to fully channelize their talents. This platform makes sure that it caters to each and every individual who wants to use finance to make a profit.

All things considered, Live Trader is a great trading bot which works in all formats and for each and every customer. It has all capabilities to help any trader to make transactions and investments which will bring them the profits of huge margin. It is a platform which offers a free trial to anyone who wants to put Live Trader to the test, which is amazing. All factors when looked at objectively, show that Live Trader is a diamond in the rough.

Trading is art. This is because there are millions of ways to go about it. Each person has their own style. Each individual has their own perspective when it comes to trading. Some believe in taking risks, while others believe in playing safe. There is no right way. There is only risk and analysis. This is what makes the entire process so challenging.

Anyone who has been involved in trading will know that the science of trading involves many factors and facets. This means that someone who is trading is involved in many things and at the same time has to keep in mind many things. Not all people in trading have the talent or the ability to do this. Hence, the need for assistance arises.

When we look at it through the lens of cryptocurrency, we find that the game becomes even more complex. This is because the world of cryptocurrency is new and uncertain. There is the fear of the unknown, which plays a major part in the misgivings of people. Hence, the assurance of making a good investment requires that there may be some method by which one can understand the big picture and make moves accordingly.

These bots are a step towards helping people understand the whole world of cryptocurrency. It helps them make decisions that are in favor of the customer and helps them to keep track of all the connections and features which are associated with their investments. Having these bots at their side is such a privilege that it should be utilized with great purpose.

There are many pros to having a bot like this for the customer to use, that it completely changes their perspective on the whole scenario of cryptocurrency. It even changes their viewpoint on finance and economy as well, which is quite exceptional. If something has such ability, then it is a force that should be reckoned with.

Some people are skeptical about the algorithms which are used by these bots. They should remember that each algorithm has its reflection in maths and its principles. Mathematics can never be wrong, hence there is nothing to be skeptical about. It is always taken care of.

Other than that, these bots are here to revolutionize the way the common man thinks about cryptocurrency and finance in general. Hence, it is something which each trader should have by their side as it is the future.

Comparison of the Best Crypto Trading Bots

Bot Pros Cons
Cryptohopper
  • Cloud-based
  • Newcomer friendly
  • Free trial
  • Testing supported
  • Multiple exchanges
  • Lack of owner information
  • Full utility only available at a high price.
3Commas
  • Trailing loss and profit
  • Management tools and user control
  • Trader diary
  • Pricing is an issue for some users.
Gunbot
  • Readymade strategies
  • Human monitoring
  • Undue pressure on users
Zignaly
  • Cloud-based
  • Unlimited coins
  • TradingView connectivity
  • Third party signals
  • Nominal $9 for membership
  • Direct interaction with developer
  • BETA phase
Gekko
  • Free to use
  • Open source
  • Social media interaction with users
  • Visualization tools
  • Updates and software issues
  • Requires technical knowledge
  • No media influence
  • Low trade frequency
Kryll
  • No need of technical expertise
  • Simple testing
  • Lack of support
Zenbot
  • Free to use
  • AI-based
  • Pattern detection based
  • High trade frequency
  • Difficult to access new information
  • Console based
Haasbot
  • Great analysis
  • Trusted name
  • Requires user input
  • High pricing
BTC Robot
  • Great refund policy and trial
  • Difficult to use
Crypto trader
  • No local system, cloud-based
  • User control
  • Simple algorithms
Leonardo
  • Great design and display
  • Lifetime license
  • Constantly changing
  • Only two readymade strategies
Autonio
  • Decentralized
  • AI based
  • User control
  • High pricing
Coinbot
  • High RTI
  • Open source
  • Cloud-based
  • Poor reviews on the part of users
Margin.de
  • Great design
  • Carryover from Leonardo
  • Security
  • High pricing
CWE
  • Design
  • Profitable
  • Security concerns

All that being said, it is up to you to form a list of your needs, and thereby make sure that you choose the best bitcoin trading bot. It would be wise to make use of the free trial to figure out the best for your needs, and then come to the right conclusion, to make an informed decision. Happy Trading!

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