6 best free crypto trading bots 2022!
Check out the best free crypto trading bots and start investing with less effort and more earnings. Learn everything about automated trading.
Everything about automated crypto trading bots: less effort and effective trading.
Do you want to start investing in cryptocurrencies with less effort and more earnings? Then you’re gonna love our selection of best free crypto trading bots. As cryptocurrency investments grow in acceptance, more trade methods rise to cover different needs, goals, and investor profiles.
Also, in the same way, the technology improves, more automated trading bots are developed to help traders achieve effectiveness with less effort.
Whether you invest in traditional assets or digital coins, you need time to monitor the market. Many people don’t have enough time to do it, especially when it comes to cryptocurrency, since this digital market is highly volatile.
That is where bots can be a helpful tool! Now, learn all about them and check out the best we have listed for you down below.
What is a crypto trading bot and does it work?
A Crypto trading bot offers an alternative way to invest in digital coins. Since the cryptocurrency market is very volatile, you must constantly monitor your computer.
But, not all investors have enough time to do it and be effective active traders in order to avoid risks and losses and finally increase earnings.
That’s where a bot comes in. This type of AI features automated trading based on settled strategies.
Although bots can be controversial, they promise to deliver quicker and better transactions with little human intervention and effort.
There are many types of bots, from arbitrage that analyzes prices across exchanges to those that execute transactions according to historical data, trading volume, and other market signals.
Furthermore, there are free bots and paid ones. But, basically, you need to address your goals to decide which works better for you.
Every bot has its own requirements, and it is essential to know that no bot replaces a good strategy settled by an investor. So, keep in mind that you still need to understand the crypto market and make decisions based on effective strategies, even with a bot working for you.
In summary, an automated crypto trading bot is a helpful tool for those who are aware of the market, their budget, risk tolerance, and goals.
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How do you use an automated crypto trading bot?
In order to increase profit, many people are going after automated crypto trading bots. Each bot has its requirements and features, and you need to address your own goals and needs to decide which one fits your investor profile better.
Basically, a bot is connected to an exchange, so you need to search for those that support the exchange you have an account for or vice versa.
Also, many programs allow you to invest in more than popular coins.
Below is a list of the best ones available on the market. Check it out!
Which are the best free crypto trading bots?
We have listed the best crypto trading bots for you. However, make sure you understand the cryptocurrency market particularities before investing in digital coins.
Pionex offers more than 15 bots so that you can choose the best one or ones for you. Among the bots offered, the Grid Trading Bot allows you to buy cryptocurrency low and sell it high.
Also, there are other types of effective bots, including Leveraged Grid Bot, Spot-Futures Arbitrage, Dollar-Cost Averaging (DCA) Bot, and much more.
Each bot has its goal and delivers a result. So, you can decide which works better for you.
The fees are low, and it is free to sign up.
If you are looking for great customer service, CoinRule delivers it. Furthermore, it is one of the most popular available nowadays.
It offers more than 150 templates with different parameters. It supports and connects to many famous exchanges like Binance, Coinbase, Kraken, Coinbase Pro, and more.
Also, it offers free and advanced paid plans and a team of experts to deliver security.
Cryptohopper might be a helpful tool if you are a beginner since it offers educational resources besides a wide range of tokens and exchanges.
Moreover, it offers plans for free and for up to $99 per month.
It delivers various templates and bots like Copy Trading, Arbitrage, and more.
On the other hand, 3Commas might be worth considering if you are an advanced trader. It connects to various exchanges, such as Binance, Coinbase Pro, Kraken, Poloniex, Huobi, Gemini, Bitfinex, BitMEX, and many more.
It also offers a fantastic interface with sophisticated options for traders and simple strategies.
Furthermore, it features mobile app for IOS and Android.
One more automated crypto platform available for you, the Trality, is a helpful and complete tool that allows you to trade effectively; at the same time, it offers educational resources.
It is an amazing platform for both beginner and advanced traders, and it is one of the most famous trading bot platforms available nowadays on the market.
Also, it offers the Rule Builder and the Code Editor so that you can work on your own trading bot.
It supports and connects to major exchanges like Kraken, Binance, Bitpanda, and Coinbase Pro.
CryptoHero supports more than ten exchanges, including Crypto.com, Binance, Coinbase Pro, Kraken, Huobi, FTX, etc.
The interface is simple, and it is suitable for those beginners in this crypto automated bot universe.
A mobile app is also available with an equal beautiful interface for users.
However, if you are looking for another option, follow the link below for another suggestion.
About the author / Aline Augusto
Reviewed by / Aline Barbosa
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