8 Best AI Crypto Trading Bots in 2023
Crypto trading bots are a great way to automate your trading strategies and increase your profits. However, before deciding to use one, it is important to ensure that it is legitimate and safe.
There are many different platforms available, each with their own set of features and tools. Some offer a monthly subscription that offers access to various features, while others are free but charge a commission on trades.
1. Quantum AI
Quantum AI is an automatic crypto trading bot that helps users trade cryptocurrency CFDs. It’s a bit different from its competitors, as it can also trade securities such as stocks and currency pairs.
It’s free to sign up, but you may have to pay commissions to brokers. These fees are often less than those charged by some other trading platforms, so it’s a good choice for beginner traders.
Another advantage of Quantum AI is that it’s backed by a legit team of experts. It also employs security measures like SSL encryption and well-known anti-virus and anti-phishing technology to safeguard your data.
This is especially important in the current climate, where cybercrime has become an increasingly common threat to online trading platforms. Moreover, it partners with regulated brokers that provide financial safeguards to protect users’ funds.
It also allows users to practise with its demo account without risking any money. This feature is a great way for beginners to learn how to use the robot and for advanced traders to test their strategies.
Bitsgap is a crypto trading bot platform that allows users to trade cryptocurrencies using automated strategies. Its algorithms monitor thousands of crypto pairs 24/7 and detect anomalies that provide trading opportunities.
It also offers a variety of settings and features that make it easy to customize. Its user-friendly interface is designed for both beginners and experienced traders, and it is supported on a wide range of exchanges.
As with many other trading bots, Bitsgap is non-custodial and does not hold your crypto assets. Instead, it connects to exchanges via an API and executes trades remotely.
Its features include strategy backtesting, a demo account, and a list of predefined strategies that can be customized to fit your trading goals. It also supports a wide list of exchanges and has a great reputation.
3. Bitcode Prime
Bitcode Prime is a crypto trading bot that has a high success rate and many user testimonials. Its algorithm is able to scan through vast amounts of data in seconds and spot profitable opportunities. It also has an extensive demo account for traders to test their strategies risk-free before they start live trading.
Its portfolio management features are particularly useful for investors with traditional investing backgrounds, as they can set percentages for each asset within their portfolio. The bot maintains these percentages even when prices change or when more capital is added to the account.
In addition, Bitcode Prime has an automated trade execution mode that lets users participate in market sessions that would otherwise be difficult due to time differences. This feature frees up traders’ time to focus on other important tasks, while the robot executes their trading strategy automatically.
In addition to its easy-to-use interface, Bitcode Prime supports multiple payment methods. These include credit card, PayPal, and Neteller. You can withdraw funds using these methods immediately upon confirmation of your request.
Pionex is a cryptocurrency exchange that offers a variety of trading bots for its users. It has been in operation since 2020 and is regulated in Singapore and the U.S. It is backed with fiat currency investment and aggregated liquidity from Binance and Huobi, providing users with a high level of security.
It has a wide range of coins available for trading and low trading fees. The company also has a customer support team that provides fast responses and assistance. Its FAQs page covers a lot of topics, and you can easily get real-time help from their live chat tool.
In addition, Pionex has a unique feature called Grid Bots that let traders trade cryptocurrencies automatically. These bots have a two-mode interface that lets traders choose between an AI Strategy or Set Myself mode.
The Grid Bot is an excellent choice for rebalancing arbitrage because it can automatically calculate the optimum amount of coins to buy and sell. It also enables traders to take advantage of volatile moments by predicting the price movement in order to maximize their profits.
Cryptohopper is a crypto trading bot that is designed to simplify the cryptocurrency trading process, and help traders of all experience levels to maximize profits and minimize their risks. It does this by providing algorithmically programmed trading approaches based on external signals that allow it to make trades automatically.
It is available for free to new users, but it also offers a paid plan that includes advanced features. Traders can take advantage of a number of risk-minimizing features, including constant automatic price trailing, stop-buy, stop-short, sell with profit and many more options that can limit their chances of losing money.
Moreover, Cryptohopper allows its users to customize their bots. This way, they can get a custom-made bot that will suit their trading needs and preferences.
The Cryptohopper platform also acts as a marketplace where traders can obtain trading strategies, trading bot templates, insights and other valuable tools that will increase their profitability in the market. This feature is especially beneficial for beginners as they can learn from more experienced traders and adjust their bots accordingly to gain a better understanding of the cryptocurrency market.
6. Bit Index AI
Bit Index AI is an automated crypto trading platform that offers a wide range of tools and features to help investors buy and sell cryptocurrency. Its AI-powered software is able to determine trends and predict price movements in the crypto market.
Users can use a free demo account to test the platform’s capabilities before risking their money. This is a great way to get a feel for how the site works and see whether it can help you make money in the long run.
Once a user is satisfied with the platform, they can switch to live trading mode. They can then place trades using their real money and the proceeds will be returned to them at the end of each transaction.
Leveraged trading is also available on selected assets. This is an excellent feature that allows users to trade with more money than they have in their accounts, which can increase their profits. However, it can also result in higher losses.
Fortunately, Bit Index AI is a legitimate trading platform that is regulated by the CySEC. This gives users peace of mind that their investments are safe and secure. Moreover, the platform is compliant with MiFID II, which regulates financial services in the European Union.
A crypto trading bot is a powerful tool that can make a huge difference in your trading. It can save you a lot of time and effort, which is vital when it comes to trading.
A proper crypto trading bot should be simple to use, but also perform at a high level. The team behind NapBots has achieved this with an intuitive interface and a number of tested strategies.
The platform’s strategy library includes trend-following and mean reversion methods that can be used to trade bitcoin, Ethereum, and other cryptocurrencies. Users can choose from a variety of manual and automatic strategies depending on the frequency of their trades (hourly, daily, or weekly).
In addition to these, the platform’s multi-account feature allows you to connect all your crypto exchange accounts to one place and automate portfolio rebalancing. This is great for traders looking to increase their profitability and avoid juggling between different pieces of software.
8. Bitcode Prime
Bitcode Prime is an automated crypto trading bot that trades on your behalf, freeing up your time and resources to focus on more profitable investments. Its AI technology can trade a wide range of cryptocurrencies as well as other digital assets and offers an easy-to-use interface for beginner traders.
BitCode Prime is a cryptocurrency trading bot that uses AI-powered algorithms to process data at incredible speeds. This helps the robot to spot profitable opportunities in the market and execute trades quickly.
The trading bot also features an automatic trade execution mode, allowing users to participate in market sessions that would otherwise be difficult to attend due to time differences. This feature is beneficial for both seasoned and busy traders who cannot devote the necessary time to perform market analysis.
Moreover, the software does not collect transaction fees, and withdrawal requests are processed within 24 hours. With a high success rate and few losses, Bitcode Prime is a profitable crypto bot to use.
The site accepts a variety of payment methods, including bank cards and transfers. Those who choose to use a credit card will need to confirm their account information to make sure it is valid. Alternatively, they can deposit using Neteller or PayPal, but these options may come with additional fees.