8 Best Automated Crypto Trading Platforms in 2023
If you are looking for a crypto trading bot that can generate passive income, there are several platforms that can help. However, it’s important to choose one that will work well with your trading style and preferences.
The best crypto trading bots will have a variety of features, including automated trades 24/7, social trading, and algorithmic trading. Some also allow you to copy professional traders’ strategies.
UpBots is an automated crypto trading platform that offers a variety of features to suit the needs of different traders. The platform also provides an in-depth series of educational materials aimed at both new and professional traders.
In addition, UpBots has a robust signal marketplace where users can apply tested trading strategies developed by top traders. The platform has an autopilot mode that uses verified signals from reputable providers.
Additionally, UpBots offers a performance tracker that tracks portfolios across all connected exchanges and wallets. It also allows traders to launch manual trades on connected exchanges from the UpBots interface.
The company also deploys a performance-based safeguard that charges users for renting algorithms on the UpBots marketplace only when they earn profits using the leased bots. This enables traders to avoid paying upfront fees on algorithm rentals, in line with UpBots commitment to protecting their users’ interests.
UpBots also has a solid referral program that rewards users for inviting their friends to join the platform. This helps encourage word of mouth and long-term recognition.
Bitsgap is a one-stop crypto trading platform that offers all the essential services for crypto traders, including portfolio management, arbitrage, trading bots, and advanced charting. Its easy-to-navigate interface and support for dozens of exchanges make it an ideal choice for novice and professional traders alike.
Traders can set up a Bitsgap account in just three simple steps. The first step involves linking the platform with supported exchanges using an API key. Once your account is linked, you can start trading in just a few clicks.
The second step is to select a trading strategy. You can choose from a wide range of pre-defined strategies that have been proven through backtesting. You can also create your own trading strategies.
In addition, Bitsgap allows you to set up your own orders – including stop loss and take profit orders. These allow you to place orders at the right price and limit your losses if the market sentiment goes against you.
The platform also features a demo mode that allows you to test your strategies and learn how they work without risking real money. It is a great way to acclimate yourself to the Bitsgap platform before you trade with real money.
SuperBots is a DeFi trading platform aimed at allowing users to automate their trades using smart contracts. Its main feature is algorithmic trading vaults, which allow investors to lock their funds in a pool and let algorithms do the work for them.
Each pool is shared by multiple users and receives xUBXT tokens when a trade is successful. This token can be transferred to another wallet to withdraw the funds. The company also relies on performance fees, converting 15% of a trader’s profits into UBXT, which is then distributed to staking pools and third-party developers providing the trading algorithms.
The SuperBots team has a long history of creating innovative technologies for the industry. They recently launched a tele-calling solution that can place 10k+ calls in a minute, allowing businesses to provide a zero-wait experience to customers.
In addition to this, they have also developed a platform that helps companies monitor their bots and identify issues that negatively impact business user experience. It can then alert companies and help them solve these issues. This way, it allows companies to achieve sustainable governance of their AI and automation investments.
3Commas is an online platform that offers an impressive range of tools to help traders trade automatically. It features a one-click rebalancing feature, a dashboard that supports multiple accounts, paper trading without money or risk and smart cover that lets you sell coins to compensate for unexpected market movements.
Traders can also create their own bots, copy configurations of other bots or buy signals from external vendors. You can even use a social trading bot from the marketplace, which is a great way to automate your portfolio management.
Another popular automated trading option is the grid bot, which uses a pricing grid to execute trades in a pre-defined price range. This enables you to place trades in either direction, depending on market conditions.
You can also set up trailing stop losses to help you avoid losing money on sudden drops in the price. These are useful if you’re not sure which price levels to target with your orders, and they can help you protect your investments from major losses.
Security is a key concern with any automated crypto trading platform, but 3Commas does a good job of protecting its users’ data. The platform connects with exchange accounts via API keys that don’t have withdrawal rights and does not route activity through its servers, which is helpful in reducing the risk of hackers breaching your account.
Pionex is one of the top automated crypto trading platforms that offers a range of innovative features. It also offers a mobile-first mindset, making it accessible to traders on the go. The broker’s responsive interface provides fast access to up-to-the-second market data and pricing information, no matter where you are trading.
The site offers 16 free bots, including a grid trading bot that uses a 0.05% fee and buys and sells an asset when it drops below a preset “low” point and rises above a predetermined “high” point, enabling users to take advantage of market fluctuations. It also supports the DCA (Dollar Cost Averaging) bot, which allows users to program a sequence of purchase orders at predetermined intervals.
With over 120+ different cryptocurrencies supported, Pionex offers an extensive list of trading options and has no minimum transaction volume requirements. Additionally, its trading fees are incredibly competitive at only 0.05%.
The platform’s customer support team is available 24/7 and responds quickly to any questions. They offer a comprehensive FAQ section and live chat help.
6. Dash 2 Trade
Crypto traders need tools that help them stay one step ahead of the market. The dash 2 trade platform offers tons of AI-powered features that make it easier for traders to maximize their profits. It offers social metrics data, on-chain indicators, trading signals, presale insights and risk profiler, a strategy back-testing tool, whale alerts and more.
The Dash 2 Trade platform is built by experts at the Learn2Trade crypto signals service, who understand what traders need to stay on top of the market. It also provides technical analysis and customizable charts for advanced traders.
This platform is currently in its pre-sale phase and is expected to list on CEX and DEX in 2023. Its success during the presale stage will boost its value in the future.
Dash 2 Trade is a world-class crypto analytics and social trading platform that will revolutionize the way you trade crypto. The team behind the project has years of experience with the 70,000-member community at Learn 2 Trade, and they have used their business execution skills to design Dash 2 Trade.
HaasOnline offers a variety of features and functionality that traders can use. Its software automatically executes orders and maintains a market overview, allowing traders to execute transactions quickly and efficiently without the need for manual intervention.
The trading platform is available on both desktop and mobile platforms, and it also supports many popular exchanges. Its pricing plans vary according to duration, but all are priced in Bitcoin rather than non-cryptocurrency currencies like USD. This allows users to avoid credit card risks while still keeping private information safe.
Its backtesting engine allows users to test their crypto trading algorithms with reliable historical data. This helps them verify their strategies and improve them based on the results.
Moreover, the company’s virtual editor allows users to build their own crypto trading bots and strategies. This is something that’s not found on other automated crypto trading platforms.
HaasOnline has a live chat and support ticketing system that does not take too long to respond to queries. They also have documentation, FAQ section, guides, and tutorials that can help you resolve any issues you might encounter while using the service.
Coinbase is a reputable cryptocurrency exchange that offers a wide variety of cryptocurrencies for trading. It also includes a number of features that can help both new and experienced traders.
Traders can choose to open a Coinbase account by providing their personal information. The company requires a government-issued photo ID, proof of identity and bank account details. This helps prevent money laundering and other illegal activities.
In addition to crypto purchases, Coinbase also allows users to deposit cash. These funds are stored in U.S. custodial accounts, money market funds and treasuries, which provide protection against losses up to $250,000 per person.
While the standard Coinbase platform is free, you can upgrade to Coinbase Pro for extra trading options and advanced charting tools. You’ll pay a few extra fees, however, so be sure to shop around before you sign up.
The Coinbase platform is easy to use and offers a good selection of coins for trading. The platform also offers a learn program that teaches beginners how to trade cryptocurrencies. The company also offers a recurring crypto purchase feature and a rewards program for new investors.