Trading bots can make your work much easier when you wish to trade in Bitcoins. For newcomers especially, these tools can be very useful. The trading bots are essentially software programs that will analyze crypto charts and graphs to help you trade better; they can trade automatically on your behalf even when you are sleeping.
Best Bitcoin Trading Bots of 2020
Here are the best Bitcoin trading bots for this year that you can choose from:
This bot has earned a reputation of being the most trusted tool for investors and Bitcoin traders. The bot runs on the cloud and you do not need to install it. It will work round-the-clock, trading for you at all times. The dashboard is easy to use and you only need a couple of minutes to get started. For the newcomers, there is a special feature to get expert help from outside analysts.
Such external signals get sent to the bot directly and the bot responds by buying or selling as it deems fit. For example, bitcoin pro is a recently launched automated trading bot that helps in the effective trading of bitcoins which is the pioneer in the cryptocurrency market.
2. Cap. Club:
This was a platform designed in Russia and work with (“Bittrex” America’s leading blockchain technology provider) and (“Binance“ Powerful crypto trading platform) currently; this allows traders to buy and sell automatically. The site and interface are simplistically designed and with some coding knowledge, you are good to go. The platform is available in two versions; the free one offers all trading strategies but there are limits on how many you get to run at a time, while the full version sends alerts through telegram and emails.
This is another popular Serious automation for crypto traders trading bot designed to be set up on virtual private servers or local machines and guarantee maximum performance and reliability. You can purchase their back-testing add-on that uses a third-party structure. The demo servers do not have any open-source code but it is perfect for beginners.
4. Crypto Trader:
This bot runs in the cloud and offers users solutions for trading without them needing to install anything. Users can also choose their preferred trading strategies and enjoy back-testing as well as live trading. You may pick from any of its subscription plans, and these vary according to the numbers of bots operating. You may need to have some prior coding expertise to manipulate this bot but there are many strategies, both free and paid, for those not experienced in codes.
This has been a popular Bitcoin trading bot compatible with many exchanges like Binance, Bitfinex, Bittrex, Poloniex, KuCoin, etc. This can work round-the-clock with all devices and is a web-based tool that can be monitored through your PCs and laptops. You can use this bot to deploy stop-loss measures and its trading feature lets you replicate actions of the most successful traders. You can make, evaluate, and back-test the portfolio and even select the best-performing one from multiple choices.
This bot came about in 2014 and demands little input from its users. It is costlier than others and buyers must be well aware of what to do with this bot if they wish to give it a try. This platform runs on Windows, Linux, or Mac OS and lets traders from its many bots. If you are willing to spend more, you can get access to more bots.