9 Best Crypto Trading Bots in 2023
Choosing the best crypto trading bots for your trades is just as important as your trading strategies and skills.
Most traders open multiple trade positions simultaneously. It’s almost impossible to manage and keep track of them all manually. That is why bots are an essential part of most crypto day trading and swing trading strategies.
If you have already used trading bots before, you’ll know what to look for. But for beginners, an ideal crypto trading bot will have an easy-to-use interface, reasonable fees, practical features and a community of other traders.
And these are the factors based on which we curated our list of the 9 best crypto trading bots.
1. Cryptohopper
Cryptohopper is one of the best crypto trading bots in the market right now. It checks all the boxes for an ideal crypto trading bot.
Firstly, you must purchase a subscription plan for Cryptohopper to use most of the practical features and tools that actually matter. The good news is the platform doesn’t charge additional fees on top of their subscription plan.
The user interface is highly intuitive and easy. The platform offers expert-level tools and functions while maintaining simplicity and easy setup options, which makes it ideal for beginners and advanced traders.
Other than that, it has a copy trading and paper trading (demo trading) option and supports over 100 cryptocurrencies through 18 connected exchanges.
It’s a perfect value-for-money product in the crypto trading bots industry.
2. Pionex
Pionex is one of the most popular crypto trading bots from this list, with plenty of upsides and relatively fewer downsides.
While, Pionex charges some of the lowest fees on trading at 0.05%, which makes it great for beginners, it doesn’t have a demo trading feature. That is probably the only downside of Pionex.
Otherwise, it’s mostly all good with 16 free bots (with in-depth tutorials for each), more than 120 supported cryptocurrencies and advanced trading options, like leveraged trading. Lastly, it also allows you to deposit fiat currency into the platform.
While Pionex doesn’t have a community built into the application or website, they do have telegram groups for different countries and their traders. It also has a copy trading feature, but there is a minimum portfolio requirement to use that feature.
3. Shrimpy
Although Shrimpy advertises itself as a crypto portfolio management platform, it’s considered one of the best crypto trading bots in the market, with a wide range of features and tools.
Firstly, Shrimpy has three subscription plans – Starter, Professional and Enterprise. Some may say Shrimpy is a little more expensive than most crypto trading bots, but others argue it’s justifiable considering the advanced features and tools you get.
Some key features include social trading (or copy trading), backtesting, indexing tool, portfolio rebalancing, demo account for practicing trading and much more.
Besides, it has an intuitive interface and layout with easy setup and navigation, making it ideal for beginners. It also has everything necessary for advanced traders.
Although Shrimpy advertises itself as a crypto portfolio management platform, it’s considered one of the best crypto trading bots in the market, with a wide range of features and tools.
Firstly, Shrimpy has three subscription plans – Starter, Professional and Enterprise. Some may say Shrimpy is a little more expensive than most crypto trading bots, but others argue it’s justifiable considering the advanced features and tools you get.
Some key features include social trading (or copy trading), backtesting, indexing tool, portfolio rebalancing, demo account for practicing trading and much more.
Besides, it has an intuitive interface and layout with easy setup and navigation, making it ideal for beginners. It also has everything necessary for advanced traders.
4. HaasOnline
HaasOnline is one the oldest and, therefore, most trusted crypto trading bots. It has been around since 2014.
HaasOnline’s pricing model differs from Pionex, as HaasOnline doesn’t charge a fee per trade. Instead, it has three subscription plans called beginner, simple and advanced, with a fee of 0.011 BTC, 0.02 BTC and 0.033 BTC.
HaasOnline has a massive list of features and functions, but access to them may be limited or restricted based on the plans you choose. Go to this page to check out the different subscriptions and benefits that come with them in detail.
Other than that, its user interface is not the most beginner friendly in this list. And that is okay since beginners are not its target audience. HaasOnline is more suitable for seasoned crypto traders.
5. Coinrule
With excellent customer service, affordable pricing and advanced trading options, Coinrule is one of the best crypto trading bots for beginners and intermediates.
The platform has four subscription plans – Starter, Hobbyist, Trader and Pro. The first one is free of cost. Each plan has different levels of access to features and tools it offers.
Using Coinrule is pretty straightforward. It doesn’t require you to have any coding experience or knowledge to create bots based on different trading strategies and rules. The user interface is quite easy.
The platform has some instrumental features like backtesting and paper trading but lacks advanced tools like copy trading (or social trading). Nonetheless, for its price range, Coinrule is a fine option, especially for beginners.
6. Zignaly
Zignally is not exactly your typical crypto trading bot. Some might not even call it a bot at all. It’s better defined as a social crypto investment platform. Intrigued?
Zignally has created a unique win-win trading model, where you, as the investor, will provide funds for a high-skilled trader of your choosing. If the trader makes a profit, you’ll get a share proportionate to your investment. It’s pretty similar to social trading.
As for any fees, you’ll only pay a “success” fee when the trader makes a profit and exchange fees. There are no other fees, costs or subscriptions besides that.
However, Zignally is not limited to only the profit-sharing option. Since it’s on a list of the best crypto trading bots, it should allow you to create your own automated trades and rules too. And it does. Zignally offers customized or preset bots, copy trading and crypto signals.
The only drawback is it only supports 4 exchanges.
7. Trality
Trality is like the Netflix of crypto trading bots. It has so many coding features and options that it ends up confusing the users. Whether that is a bad thing or good, we’ll leave it up to you to decide. All we know is that Trality is one of the best crypto trading bots when it comes to its coding features and capabilities.
Like most bots in this list, Trality has multiple subscription plans, including a free one with limited features. It’s only connected to 4 crypto exchanges – Binance, Coinbase Pro, Bitpanda and Kraken, which may be a dealbreaker for some.
But except that, Trality has most of all the features as the other bots with an intuitive user interface. Trality is definitely not for the masses. It’s too overwhelming for beginners and not good enough for veterans. Instead, It’s more of a niche product.
8. 3Commas
3Commas is the perfect bang for your buck, especially if you’re a novice trader.
It has some of the most affordable subscription plans, including a free one, for a crypto trading bot with some advanced features and tools like social trading and paper trading.
Other than that, 3Commas can be integrated with up to 22 exchanges and features a portfolio analysis tool. The user interface is clean and simple. Beginners will find it extremely easy to use and navigate.
If you’re looking for something simple yet effective in an affordable price range, 3commas is the one.
9. Bitsgap
Founded in 2017, Bitsgap is one of the best crypto trading bots for arbitrage trading strategies.
Like other entries in this list, Bitsgap too offers multiple subscription plans, ranging from basic, advanced and pro. Every plan has its own set of features and tools you can access.
Although Bitsgap doesn’t have a copy trading option, it does have backtesting and demo trading options.
Even though the user-interface is pretty beginner-friendly, the platform is more suitable for experienced traders because of its advanced tools and bots.
Nonetheless, considering all the features and tools it offers, Bitsgap is definitely a little more expensive than the others on this list.
Final Thoughts
So, these were the best crypto trading bots we found from all corners of the internet. Whether you’re a beginner or a veteran, want a variety of features and tools or something specific, this list has something for everyone.
If you’re looking for affordable bots, go for 3Commas or Coinrule.
If you’re looking for an all-in-one package, go for Cryptohopper, Pionex or Shrimpy.
Want a trading bot with advanced features and tools? Go for HaasOnline.
Want something different and unique? Go for Trality or Zignally.
The bottom line is this is a diverse list of crypto trading bots, with each entry having its own strengths and target audience.