Crypto trading bots are computer programs that automatically buy and sell cryptocurrencies such as Bitcoin with the goal of generating a profit. When you use automated trading bots you can grow and manage your crypto portfolio automatically 24/7.
When you search for the best crypto bots on our website, you can find the right trading bot to that fits your crypto trading strategy. Search for a simple spot trading bot to a more complex bot that trades with leverage or an arbitrage bot. You can even build your own trading bot and indicators to maximise your trading profit.
Whatever bot you are looking for, we have one that is right for you.
Crypto bots are advance in executing trades quickly and efficiently, more so than any human trading. We humans have flaws, FEAR and GREED.
When we trade we experience a world of emotions that affect when we enter and exit a market which normally ends up in mistakes being made.
We miss market trading opportunities, whether it be because we were sleeping or simply not quick enough to execute a trade. or worse we make a good trade but hold on too long from greed and end up in the red. Does that sound familiar?
Trading bots are programmed to follow direct orders so you can be sure that when an opportunity arises your bot is ready to make you profit.
Cryptocurrency trading bots are computer programs that automatically buy and sell various cryptocurrencies at the right time with the goal of generating a profit.
We can only go by our experience. Yes, Crypto trading bots do work although you there are still risks to be aware of. Always do your own research into the crypto trading bot your decide to use and always manage your trading risk. If you do not know how to manage trading risk you should seek professional advice before continuing with trading cryptocurrencies.
Creating trading bot in 2021 is very easy. You can use simple drag n drop platform interfaces or use the pre-built trading features that most trading bot companies offer.
You money is no less safer with an crypto trading platform than it is in your crypto exchange. Check to see if the trading bot is Custodial or non-custodial. If you are worried about the safety of your funds you may trade with API keys that connect your bot to your crypto trading exchange.
Sort of! that’s vague we know, however, like with any investment there is always risk to familiarise yourself with. Using a trading bot reducing the emotion that goes into the trade, therefore reducing human error and getting too attached to a trade.
API keys are used to authenticate traders and identify what account is being accessed by the automated program.
There are two important elements included in a set of API keys; the public key and the private key. These are sometimes also referred to as the public key and secret key.
When requesting access to a traders account, the program will use the secret key to sign requests. This tells the exchange that the program has authorisation to access the traders exchange account and perform the operations that are supported by the API key.
The difference between Custodial and Non-Custodial trading is that Custodial means that you are required to deposit your trading fund directly onto he platform. This is not always the best or safest solution.
Non-custodial means that you use an API key to link your trading bot to your crypto trading exchange like Binance so that your fund always stay with you.
Although, it’s not impossible. It is always best to keep a realistic approach to your trading and ideal outcomes.
Using trading bots is not a ‘get rich quick scheme’ if you plan to trade with $50 or $100 it will take you a long time to become ‘rich’ well, that all depends on what you class as rich of course.
Some of the trading bots listing on this site do offer a free trial or have a free version of their trading bot. please read their terms and conditions before accepting and using their services.
Some of the trading bots listing on this site do offer a free trial but please read their terms and conditions before accepting and using their services.
This is the BIG question. At Automated Crypto Bots we aim to list every crypto trading bot available so that you can easily find them all in one place. Even with our help choosing the right one for you can be confusing. That’s why we have ask each crypto bot company to create their own trading profile to best explain how and why your should be using their bots.
We also test these trading bots and write regular blog post reviews so make sure to check them out.
This is a great question. Each trading platform or Trading Exchange has it own minimum requirement for each trading pair so make sure to take this in to account. There may also be a minimum deposit size to get started.
You should only trade with what you are willing to lose. Crypto markets are very volatile and you could lose some or all of your money quickly if you are not careful.
Yes, with most of the crypto bots listed on this website you can trade across multiple trading accounts once you are set up with API keys.
Yes, some of the bots listed on this website so allow you to trading options.
Yes, some of the trading bots on this website do allow you to trade with leverage.