The cryptocurrency market never sleeps. It is accessible to everyone around the world and peer-to-peer trading of assets is constantly active. But you, man, nature decided to sleep. You will miss out on investment opportunities in this volatile market and end up sleeping at least 6 hours a day. How about using a trading robot to earn Bitcoin and other cryptocurrencies 24 hours a day? It is not necessary to stop sleeping. Prolonged lack of sleep can harm your mental health. As The Wolf of Wall Street taught us otherwise, it is better to operate with a cool head than with an altered state of mind. In today's world where software is king, you don't even need to use your own identity to invest, you need your identity to choose the best trading robot (or bots) for Bitcoin and other cryptocurrencies.
The best robots for trading according to my criteria
CryptoHopper
- Founded: 2017
- Licensed – Regulated: Dutch Chamber of Commerce
- Friendly and attractive design: 10/10
- Number of associated exchanges: 17
- Performance testing (backtesting): Yes.
- Language and Support: Spanish, English; 24/7 live chat; Telegram, Discord.
- Free trial: 7 days
- Robot cost: Monthly payment for four packages, from free to $99 per month. Annual payment lowers the cost.
CryptoHopper is a Software as a Service (SaaS) company that started as a family project consisting of two brothers, a trader and a programmer. In a short time, the company grew worldwide. Exchanges that can connect to the CryptoHopper API include HitBTC, OKX, KuCoin, Bitvavo, Binance, BinanceUS, Coinbase Advanced and Pro, Bitpanda, Bittrex, Poloniex, Huobi, Kraken, Bitfinex, and Bybit. Crypto.com and Exmo.
3commas
- Founded: 2017
- Licensed – Regulated: Estonia
- Friendly and attractive design: 9/10
- Number of associated exchanges: 16
- Performance testing (backtesting): Yes.
- Language and Support: Spanish, English and others; Telegram; Discord.
Free trial: 3 days access to PRO plan. - Cost of the robot: monthly payment for three packages, from USD 29 to up to USD 99 per month. Annual payment lowers the cost.
3 Commas offers trading terminals and robots to automate operations. The founders also studied computer engineering at St. Petersburg Polytechnic University. For a three-point user experience, it's helpful to know the different metrics available to your users to get the most out of your bot.
You don't need to know code to interact with the platform. Available on: Binance, Binance DEX, Binance Futures, Binance Jersey, Binance US, Bitfinex, Bitmex, Bitstamp, Bittrex, Bybit, CEX, Exmo, Gate.io, Coinbase Pro, HitBTC, Huobi, Kraken, Kucoin, Yobit, etc.
Shrimpy
- Founded: 2018
- Licensed – Regulated: Santa Clara, California, United States.
- Friendly and attractive design: 7.5/10
- Number of associated exchanges: 10
- Performance testing (backtesting): Yes
- Language and support: English; web chat and email, Youtube.
Free trial: Yes; Zero subscription. - Robot cost: 0 to $49, with an intermediate plan of $19.
Shrimp is one of the cheapest options on the market and has a well-known team of participating developers.
Exchanges that support Shrimp include Binance, Binance.US, Bittrex, Coinbase, Gate.io, Gemini, Huobi, Kraken, and KuCoin. Integrated wallets include 1inch wallet, Coinomi, Ellipal, Guarda, Huobi wallet, Ledger,
MetaMask and Safepal.
TradeSanta
- Founded: 2018
- Licensed – Regulated: European Union
- Friendly and attractive design: 8/10
- Number of associated exchanges: 9
- Performance testing (backtesting): Yes
- Language and Support: Spanish, English and others; web chat, Telegram, Discord.
- Free trial: 3 days 'maximum' subscription.
- Robot cost: four plans: free; basic, USD 13 per month; advanced, USD 23 per month and maximum, USD 35 per month
TradeSanta focuses on usability and strives to remove barriers that prevent inexperienced users from starting to automate trading using robots. To do this, limit the excessive number of features that other bots offer. Exchanges that support TradeSanta include Binance, OKX, Coinbase Pro, Huobi, HitBTC, xGo, Bibyt, and Kraken.