Cryptocurrency trading bots are a set of algorithmic software which can make the trading possible on the financial or digital currency market on behalf of the client. With the continuous entry of new ventures in the market, bots seem to play a vital role in making the trade easier for the exchanges as well as the investors. The bots are known for automating the process that ensures the work much easier and faster, but still they are totally perfect.
There are over dozens of digital currency trading bots, which range from free software to subscription-based for the specialized crypto traders.
3Commas is a highly popular cryptocurrency trading bot that helps the investors to minimize risks, augment financial gains, draw limits to the losses and manage their portfolios across varied exchanges. This bot also enables the traders to perform automated trades on multiple platforms such as Binance, GDAX, Bittrex, YoBit, KuCoin, Cryptopia, Bitfinex, Huobi, Poloniex and Bitstamp. Based on the features the users need in trading and managing the portfolios, the price of this bot usually varies from $30 to $100. The new users can also use free trial by simply making the registration, as reported by Brave New Coin.
Powered by cutting-edge technology, CryptoTrader works as an algorithmic trading for Bitcoin and other digital currencies. The traders get the cloud-based automated trading solutions added with the back-testing trading strategies. A marketplace is also provided here where the users can buy other users’ strategies and sell their own trading strategies. The payment can be done in both Bitcoin and Litecoin.
Blackbird is quite popular among the crypto traders as it was made for arbitrage purposes. This bot allows the users to alter its features the way they prefer. However, it presently does not officially support Binance although its developers are giving their endeavors on allowing the bot to use that platform, Bitcoin Exchange Guide noted.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]