Bitcoin is rightfully considered the currency of the future, with its market growing day by day. In May 2017, this cryptocurrency has become more valuable than gold: one Bitcoin was worth $2.600 while 1 ounce of gold was around $1.200.
Given its popularity, it’s no wonder that more and more people are looking for ways to make a profit. Trading bots can facilitate crypto trading, which is why they are also gaining in popularity. They are pre-programmed bots that buy or sell Bitcoin under specific circumstances, meaning that they can do all the work for you.
If you’d like to give automated trading a shot and prefer working smart over working hard, check out our list of the best Bitcoin trading bots.
After using different criteria during the research process, our team of experts has come up with a list of the best Bitcoin trading bots. This list can help you find the best trading bot for your needs, also elaborating on the most important criteria of this type of service.
- Supports over 10 cryptocurrency exchanges
- Four types of bots with every license
- Software can work on VPS or local network
- Offers numerous safeties and insurances
- Doesn't require installation of any kind
- Major cryptocurrency exchanges supported
- Strategies made by professional traders
- Unlimited equity with VIP & Premium plans
- Simple installation and great ease of use
- Works 24/7 without any human assistance
- Minimum seed deposit in the amount of $100
- 60-day money back guarantee for all plans
- Supported on OS X, Windows, and Linux
- Offers a number of trading indicators
- Set parameters using drag-and-drop tool
- Free demo version available to everyone
Choosing The Best Bitcoin Trading Bots
As choosing one of these Bitcoin trading bots can be a difficult task, it’s important to know which criteria we used during the selection process, as they can also help you make the best possible decision.
To begin with, it’s very important to look for a trustworthy company. Therefore, our team has paid close attention to reliability. Our list contains companies that offer advanced trading bots and tested strategies. Companies featured on the list have also been in the cryptocurrency trading business for years and have many satisfied customers, which speaks a lot about the level of service they provide.
Another extremely important factor is transparency. We don’t want you to get involved in fishy business, so we’ve selected companies that provide you with the details about the way they do business. All of our top picks offer every potential user the opportunity to learn everything about their bots and strategies before subscribing for their services. Furthermore, some of them even have free trials, so you can test their services before paying for them.
We’ve also examined the profitability of each company we reviewed. Every automated trading service reminds you that any kind of trade comes with a risk. The live market is unpredictable and you might end up losing your money because of a bad transaction. That is why we have only listed companies with the best bots and strategies.
Our team has investigated a few other factors in order to evaluate the overall experience these companies provide. We’ve examined all the extra features the platforms have to offer and included companies that provide many strategies, customizable trading bots, and numerous indicators. A good trading strategy is crucial, but it’s also very important to use it on the right platform. Because of that, we’ve given advantage to trading solutions that support a high number of cryptocurrency exchanges.
We know that programming experts aren’t the only people interested in cryptocurrency trading. So, we’ve opted for trading bots that come with ease of use. All aforementioned companies provide trading bots suitable for both cryptocurrency trading newbies and experienced traders. Last but not least, we’ve explored the security of the companies on the list.
As you can see, our team has thoroughly investigated all the listed trading platforms. Although we can sincerely recommend any of these platforms, you should opt for the one that can meet your own standards. It might be helpful to define exactly what you need from a trading bot, evaluate your programming proficiency, and make a list of extra features you need. Also, you should always consider the price of service and choose a trading bot that fits your budget. When you know what you are looking for in a trading bot, you can easily select one or several trading bots from our list and start trading Bitcoin.