Top ten crypto trading bots you should be using in 2022
Best crypto trading bots to use today for the best profits
Crypto bots have become increasingly popular in the buzzing cryptocurrency trading sector. Since the crypto market operates 24/7, it is an ideal environment for traders to use tools that allow them to remain in charge of their trades. There are many trading bots in the crypto space, and choosing one can be daunting.
Below is a list of the best trading bots in the crypto market today, their pros, cons, and how they work.
MOSDEX – Best trading bot overall
MOSDEX is a trading bot using artificial intelligence and machine learning to create cross-exchange arbitrage and yield-based staking arbitrage to ensure traders can make the maximum profits while facing the minimum risk.The leadership team behind MOSDEX plans to work with the community to create an ecosystem where they can generate a high return on Investment in their staked investments. The team behind this bot boasts of high experience in blockchain, decentralized finance, blockchain, tokenization, and arbitrage.
Bit Index AI – Best user-friendly features
This crypto trading bot was created to automate trades by analyzing the crypto market in real-time. There are a few advantages of using this trading bot. It has a high level of customer service, and it charges low fees. Traders that use this bot have 24/7 customer support through chat and email.The platform is ideal for beginners because it gives them access to a demo account that they can use to understand how everything works. The bot claims a success rate of 85% and is also available to users in several countries.
Bitcoin Code – Highest success rate
The other top trading bot in the crypto space is Bitcoin Code which stands out from most in the market, given that it claims to have a success rate of over 99%. The bot also comes with a high execution speed.The high success rate of this bot is attributed to the many years of using market data. The bot also has a favorable fee structure, with a 2% commission on profits. Deposits and withdrawals on this platform are free. The bot works with many brokerage platforms globally to offer services in multiple geographical regions.
BitIQ – User-friendly fees
BitIQ is also another popular trading bot in the market. This bot claims to make users profits of 25% daily. The bot uses a sophisticated AI algorithm to scam market prices, spot solid patterns, and output signals to deliver profitable trades.BitIQ deducts a commission of 2% on profitable trades. The platform also said that this charge is not deducted if the account has not made profits. This bot is very cost-effective, given that it does not charge account management fees, trading fees, deposit, and withdrawal fees.
Oil Profit – Best mobile app experience
If you are looking for a trading bot that you can use using a mobile app, you need to consider Oil Profit. The bot trades Bitcoin on behalf of users. It uses an AI-powered algorithm to process and assimilate market data, boost profitability and create signals that will allow users to make profitable decisions.Oil Profit stands out because of its mobile app. The bot comes with a mobile version and a browser-based version, which makes it convenient to use. Once a crypto trader signs up on this platform, they will be assigned a broker they can use to access the bot.
1K Daily Profit – Best security features
1K Daily Profit is a trading bot that uses AI technology to analyze market data, detect strong correlations between market variables and predict profitable trades depending on the relationships between the data.This trading bot stands out from others because of its focus on security. It uses AES 256-bit encryption to safeguard user data. It also supports a wide range of cryptocurrencies. the platform is also quite user-friendly, because once a user signs in, they will be assigned a broker.
Coinrule – Best for beginners
Coinrule is the best trading tool for beginner traders. The trading bot is the best for traders that are new to the crypto trading space. It is also the best for advanced traders. Users of this bot are not required to know the code before setting trading rules.Coinrule is a web-based trading bot, and it supports a variety of cryptocurrencies. One of the best things about this trading bot is that it is supported by some of the most popular cryptocurrency exchanges, such as Coinbase Pro and BitMex.
Cryptohopper – Best for social trading
If you are looking for a trading bot that is ideal for social trading, you should consider using Cryptohopper. It is a cloud-based trading bot where a trader can start trading a wide range of cryptocurrencies.The best thing about this trading bot is that it makes it easier to follow the trading strategies used by professional traders. These traders can make trading decisions using trading signals. Experienced traders can modify the bot depending on their strategy.
Bitsgap – Works with leading exchanges
Bitsgap is a bot that supports altcoin trading. One of the best things about this trading bot is that it works with over 15 of the largest cryptocurrency exchanges, including Binance, Coinbase, and Kraken.Bitsgap allows traders to set up their trading strategies and generate their own algorithms. It has a trading terminal that has over 100 of the leading indicators and customized charts. It also allows traders to make basic and advanced order types. There is also a demo mode where a trader can practice different trading strategies without jeopardizing finances.
Shrimpy – Has a free account option
Shrimpy is a trading bot that has been created for traders that cannot afford to use expensive bots. Its objective is to provide a variety of free services to traders. The professional packages for the bot start from as low as $15 monthly.The other tools offered by this trading bot include backtesting to compare trading strategies with social trading and historical data. It also allows users to follow and copy the strategies used by the other traders.
