Top 7 Crypto Auto Trading Bots for Money, Happiness & Love!
Crypto Auto Trading Bot Trading
Today we will look at Crypto Auto Trading Bots and which is best for different levels of users. Which auto traders are very easy to use? Which offer you a myriad of options/features? Let us find the right one for you. First we will focus on Crypto Auto Trading Bots that are the most used in crypto currency trading, with the various popular exchanges and popular signal groups. I myself have used almost all of these solutions extensively, and can give you good feedback of the pro & cons of each.
Beginner, Advanced & Pro Traders
There are three types of traders we will examine here. The Beginner, just starting out in crypto and platforms. The Advanced has good working knowledge of crypto. The Pro, likely trades every day and makes a living from trading crypto.
- Beginner – Just starting out in crypto
- Advanced – Has good working knowledge of crypto and platforms.
- Pro – Trades every day and makes a living from trading crypto.
Crypto Auto Trading Bots come in many flavors. Which flavor will you like? This is what we hope to find out. Now there are two main types of Crypto Auto Trading Bots.
- Trading Signal Groups connected to auto trading bots with 3rd party or direct in-house solution.
- Platform/Exchanges a more of the all in one solution often not connected to any one signal provider or trading group.
We have a choice between the two depending on your level of expertise and what they offer. Take a group Telegram or discord with 3rd party solutions. Signal providers like these will walk you through the whole Crypto Auto Trading end to end. The other using platform/exchange may lack the personal touch of the first. They do often offer more simplicity and are far less cumbersome to a newbie starting out. Now let us check out the different options!
Cornix: Automated trading done right
Cornix is the most common/popular solution for signal providers you will find on Telegram. The Cornix interface is intertwined with Telegram extensively. If you are a member of any of the various trading groups on Smart Options you may know them very well.
Cornix is a pure 3rd party solution that connects to various signal providers. Below are the various supported exchanges you can use it with.
- Binance & Binance Futures
Views & Features
Cornix has grown with the above advancements in how they view and handle data now. They have TradingView alerts and pinescripts integration. The ability to manage multiple exchanges from one place. Complex take profit, stoploss and trailing orders. Cornix's tight integration with various signal providers in the Telegram community has given it an edge over all others in this space.
This solution is a more tweaked integrated one for advanced/pro users in our opinion. Consequently you will need the help of the group you signup to in order to take full advantage of the Cornix Crypto Auto Trading Bot. It will appear at first very confusing to setup/use for most. Simply put, make sure to get help when you first set up the Cornix APIs.
Zignaly Beta Mode
Zignaly is one group I am not so hot on as their trading solution is still really in beta development. This is not worth anything beyond using a demo account with, as we have seen and heard multiple instances of the service not filling orders of subscribers. To be fair this is still only a beta product and not really complete yet, unfortunately the team at Zignaly has no real time line for completion and does not seem fully interested at the moment to finish this platform.
As you can see the above order screen which again I will note only works with Binance and Kucoin currently, has some nice features. I find it super easy to use and think they did a great job on it. I do hope they expand the brokers and become active again as they have the starting shell of a great platform for crypto users.
Zignaly Copy Traders
A few other nice features of Zignaly is the Signal Provider and Copy Trader service, now the difference between the two? I don't really see any but they include both in their platform, which again makes it look cluttered and reaks of it being part of a previous incomplete build. They may wish to consolidate this in the future as it adds confusion for users of the platform. I will focus on the copy trader section here as I think that is what users will find useful. The copy traders section you can find many different traders of which to copy signals from.
here you can see the screen of their signal providers which really makes their platform confusing for users vs the copy traders? What is the difference of the two? Well they say 3rd party and such but really this makes them look unprofessional.
Here we can see the leverage adjustment for Zignaly, again very easy to use and understand. It is too bad they are still in beta mode on Zignaly imo and have a long way to go, but if they keep this easy to use interface for users they might be very popular in the future. The platform is for beginners/advanced user in our view.
3Commas Simple and Powerful
3Commas is more of a closed ended platform imo, they do have copy trading but the terms are not as appealing for the signal providers. This is why you might not see many using this solution independently. If you are a beginner/advanced user this is a good solution to get started using a Crypto Auto Trading Bot.
This is more of a Signal Platform rather than a 3rd party product that signal providers would use. It does offer many features included though, you just might miss real signal providers using this solution though. If you don't have the talent using a Crypto Auto Trading Bot, then you can't say much. Many telegram signal providers find 3Commas not to their liking, hence why Cornix is the choice for many.
3Commas does have a few nice features more for portfolio rebalancing than anything else. They also have the most complete list of exchanges you can use with them vs any other Crypto Auto Trading Bot solution.
The above is where 3Commas shines. They have the best rebalancing and portfolio management you can get in crypto, maybe the social/copy trading is not their strong point but this certainly is. So if you are a Beginner/Advanced user than 3Commas is a good choice to start out with before moving on to more professional solutions for signals and auto trading.
Shrimpy smart easy to use
Shimpy is one easy to use crypto auto trading bot, but note it is the little guy of the group. Basically too much like 3Commas with many of the same features on a closed platform that really is not a great solution to find talented traders/signal providers. But if you want a easy to use tool portfolio management this is one to consider.
Supporting over 16 exchanges and having powerful portfolio management features for a new user this is a perfect place to start. Again very basic but easy to use and smart.
The copy trader is again lacking talented signal providers like you would find on Telegram/Discord. This is a big issue with platforms like this and 3Commas. The costs/features just don't jive with the signal providers I guess. Still it is an engaging and easy to use solution.
One strong point of Shrimpy is the easy to use backtesting feature. You can find this on other platforms to some degree. This feels and acts more natural vs their competitors and is a strong point for them along with the rebalancing feature. Not strong for signal providers but strong for the end user. So if you are a beginner/advanced user, then this might be for you!
HAAS BOT the nerd solution
This is one of the most advanced trading bots you can use on the market but again it is missing the talent of Signal providers you can find on Telegram/Discord. Another closed ended platform that offers great features and in this case, very advanced ones.
The advanced features and bots of HaasBot is amazing, not sure if they like to be called HaasBot or HaasOnline. Though everybody knows them as HaasBot so that is what we use, bad english but what to expect from a company using german syntax lol.
This is the purest form of Crypto Auto Trading Bot creation tool you can find. Exploring the boundaries of mathematical thought visually they have done a great job, but outside the realm of 99% of crypto traders imo.
This is not for the beginner/advanced trader at all. This is solely for the Pro/SuperNerd Trader. If you are one of the very few that wants to dive into the mechanics of trading/signal creation, than you will find no better tool imo than HaasBot or HaasOnline 😉
Etoro newbie city
Etoro is the all in one wonderbread wonder of the world, Etorro! Absolutely for the newbie/mass crypto trader and degenerate gambler imo. It will suck up large amounts of crypto degenerates more than anything. Super over priced fee structure designed to milk newbie traders, but to be fair they have everything but the kitchen sink included.
Pure cheese designed for degenerates, no real crypto trader/signal provider would use a closed ended platform like this for many reasons. The number one reason is cost, the spread/fees and market makers on the platform are all their to trade against you and take your crypto.
The list of signal providers lead to a system of gaming much like ZuluTrade. People don't get payed as much as they get played on these platforms as they all hype the leaders who are all HIGH RISK leading to a merry go round of big ups followed by bigger downs.
I would avoid this platform for all but the newbie trader. It is a good place to start and play with different coin/copy traders but not worth putting on any real coin. This is strictly for the beginner user. Honestly with their overcharging of fees I think including them here is kind of silly, but still they are an option, just not a good one.
Cryptohopper technical popper
As for the Cryptohopper Crypto Auto Trading Bot you can state them offering a good mix of signal providers, trading strategies and technical templates along with a fully rounded out educational section. I have to give credit to Cryptohopper with the good mix they achieve for their platform. A few big problems though and we will point them out here.
Now a few points above and below to make about Cryptohopper is they have a good education section for both crypto and technical indicators. Much of it is FREE and that is great for newbies to use and educate themselves on trading.
If you want to learn about different indicators and strategies with Cryptohopper you have that ability. They have 3 key sections a newbie and even advanced user would find interesting to use.
You have templates, strategies and then last Signals you can subscribe to in Cryptohopper. This is fully rounded out and very useful imo. This is where they go wrong though and all transparency goes out the window.
As great as many things you can find in Cryptohopper, statistics are lacking and almost seems as if they are purposefully trying to hide provider results. Very disappointing here for this Crypto Auto Trading Bot.
I won't state which group this is but the more you dive into the Cryptohopper stats the more one would be confused with signal providers, thus limiting this 3rd party solution to beginner/advanced users. If they wish to really move up they would need to make their and the providers on the platform results more transparent. I myself would not use such as it seems they are fakers. To be fair everything else is great!
HONORABLE MENTION – Coming Soon!
This is the best for last today, with UpBots Crypto Auto Trading Bot. They actually have the best chance of making this fractured non-transparent mish-mush of junk changed into something more professional. They sure are shooting for the stars if we look below at their offering and what they stat vs their competition.
Right away we can see some stark differences that very well make UpBots the #1 choice for Crypto Auto Trading Bots. While it is too early to tell this upstart UpBots looks to be a GAME CHANGER in the crypto currency trading sphere. They are looking to disrupt and honestly vs the competition I have seen, they can totally destroy everybody else if their solution offers just 1/3rd of what they are aiming for.
UpBots is a collaboration of the founders of one of the Signal Groups on SmartOptions. Since this being created by real crypto traders and not some marketers looking only to get paid, well it has the best chance at success imo. Bits and pieces we have been shown really will disrupt the whole crypto signals and trading space. So if you are interested in UpBots we don't blame you. We wrote about them a while ago and all the cool Crypto Bot Things they are going to do called “Coming Soon, Defi's Imagination!”
Final Thoughts on Crypto Auto Trading Bots
Honestly Cornix, 3Commas, Cryptohopper,Zignaly and on and on. I am so not impressed. It is amazing at the low quality of all of these different platforms and just how mixed up and confused they seem. I am hoping for some real change and growth here as the signal copier services just plain suck. The Crypto Auto Trading Bot side of things is just as bad. Too many marketers looking just to take advantage of the crypto trading crowd they pretend to serve. I want to see real solutions by traders in the future and not by second rate programmers & marketers.