If you're looking for a way to take advantage of the constantly changing crypto market, the best automated crypto trading platforms can help you stay ahead of the curve. After all, not everyone has the time or aptitude to analyze an uncountable number of markets and currencies, right?
Automated trading provides a shortcut for traders that helps them gain exposure to the market without having to invest extensive time in learning the intricacies of either trading or coding. It surely takes much less time to make research on automated tools and pick one.
Besides, this list of the top automated crypto trading platforms will shorten your research time even more! Though, do note that you can either choose from crypto exchanges that have their own automation tools, like Binance, KuCoin, and Bybit or crypto auto trading platforms that can be integrated with exchanges.
The platforms that have some of the best AI crypto trading features and tools include:
So, let's dive in and explore the world of automated crypto trading!
Best Automated Crypto Trading Platform: What is Automated Crypto Trading?
When it comes to automated trading, choosing the best automated crypto trading platform can make all the difference in maximizing your profits. But what exactly are those crypto auto trading platforms?
First and foremost, automated crypto trading refers to the use of computer algorithms or trading bots to execute trades. These algorithms analyze market data, including price movements and trading volumes, to identify potential trades and execute them automatically.
When discussing the best AI crypto trading tools, you’ll see that the use of trading bots emerges as a very popular alternative. These bots can be programmed to execute trades based on predefined rules or strategies, allowing traders to take advantage of market conditions without having to monitor the market constantly.
Some trading bots also use machine learning algorithms to adapt to changing market conditions and improve their trading performance over time.
There is a range of different bot types, though. For example, some exchanges offer automated market-making strategies, where bots are used to continuously provide liquidity by placing buy and sell orders around the current market price.
Other automated trading strategies bots use include arbitrage, which involves exploiting price differences between different exchanges. Besides that, there’s also trend following, which involves buying or selling based on the direction of the market trend.
Though, while trading bots are the main thing that pops up when trying to find the best automated crypto trading platform, they are not the only type of automation tool there is.
Another form of automated trading is copy trading, which involves replicating the trades of successful traders. This approach allows less experienced traders to benefit from the knowledge and experience of more successful traders without having to make trading decisions themselves.
Besides that, there are also platforms that automate your portfolio management, which can be very useful, especially if you have a lot of different crypto assets. Portfolio management automation can even help to minimize trading risks.
However, keep in mind that while automated trading might have many advantages, it is still risky due to the fact that algorithms might not always work as intended. So, always stay cautious with the tools you use.
Despite that, automated crypto trading can be a powerful tool for traders looking to take advantage of market conditions and maximize their trading profits. If you're tired of keeping up with the market 24/7, consider using one of these best crypto algo trading platforms to automate your trades.
1. Binance - A Variety of Trading Bots
Ranks #1 out of 7
- + A very well-known crypto exchange platform
- + More than 500 different cryptos available
- + Two-factor authentication
- + P2P trading option
- + Emphasis on security and KYC
- + Supports fiat-crypto acquisitions
- - Might be a bit difficult for beginners
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Binance is unquestionably one of the top cryptocurrency exchanges in the world. It provides a wide range of tools, which now also includes trading bots, making it one of the best automated crypto trading platforms as well.
Contrary to other contenders on this list, Binance's trading bots are relatively new (introduced in May 2023). However, the platform never ceases to amaze its users.
The variety of trading bots offered by Binance is quite astounding. It offers Spot and Futures Grid bots, the Rebalancing Bot, the Auto-Invest bot, the TWAP bot, and the VP bot.
While the Futures Grid bot enables users to automatically increase their purchasing power on USD-M and COIN-M futures contracts, the Spot Grid bot enables automating the process of buying low and selling high.
The Auto-Invest bot, as its name suggests, enables traders to arrange automatic investments based on a particular strategy, whilst the Rebalancing bot is for those interested in retaining long-term positions.
Finally, whereas the VP bot permits splitting large orders over a specified market volume ratio, the TWAP bot enables traders to divide large orders into smaller ones in order to obtain a better price. Both can be used for API trading, albeit the VP bot is only accessible for this kind of trading.
Besides, the bots offered by Binance can be tailored to implement a variety of trading techniques, such as trend following, market following, market making, and others. Additionally, keep in mind that those who utilize BNB tokens while using trading bots, get hourly trading fee discounts.
Overall, due to the variety of trading bots offered, Binance can surely be rated as one of the best automated crypto trading platforms in the industry.
2. KuCoin - Free Automated Grid Trading Alternatives
Ranks #2 out of 7
- + Strong security measures
- + Over 700 supported cryptocurrencies
- + A variety of trading and earning features
- + Competitive fees
- - Not available for US traders
- - Might be somewhat complicated for beginners
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KuCoin is among the best crypto exchanges overall, but it is also one of the best automated crypto trading platforms due to the trading bot it offers. The platform gives its customers one of the greatest cryptocurrency trading bots on the market, with the flexibility to alter parameters and execute transactions based on market conditions.
The KuCoin trading bot executes deals on your behalf. Spot grid trading, futures grid trading, smart rebalancing, DCA, and infinite grid trading are the main trading strategies that are supported by the bot. Besides, do note that the KuCoin bot supports nearly all of the crypto assets that the platform itself does.
Besides, the KuCoin bot is entirely free to use. Traders only need an account on the exchange and some funds to start trading. Once they have that, they just need to enter custom parameters and deposit funds into their bot. Then, the bot takes over and trades on their behalf using the rules and information indicated.
In addition to its native bot, KuCoin supports compatibility with external APIs. Thus, the exchange can connect to third-party copy trading platforms like 3Commas.
Now, while KuCoin doesn't offer direct copy trading, it has partnered with Alpha Impact, a social trading platform, to release the KuCoin Auto-Copy Trading feature. This allows KuCoin traders to showcase their skills and earn FOLO tokens.
All these features are just a few examples of KuCoin's commitment to innovation and user satisfaction. They sum up on top of each other, counting as reasons why it easily made out onto this "best automated crypto trading platform" list.
3. Bybit - Autopilot Regardless of Market Conditions
Ranks #3 out of 7
- + Very low trading fees
- + Exceptional functionality
- + Mobile trading app
- + Helpful customer support
- + Up to 100x leverage
- - Might have a steep learning curve
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Bybit is a popular cryptocurrency exchange that has various trading options, which earns it a position in this best automated crypto trading platform list. It offers many automated trading strategies, including copy trading and trading bots.
Bybit's automated trading bots include DCA bots, a Futures Grid Bot, and a Spot Grid Bot. How do they differ? DCA bots allow you to invest on autopilot regardless of market conditions, while Futures Grid Bot promises to multiply your earnings depending on the market conditions.
The Spot Grid Bot, also native to the platform, is an automated computer program that allows you to buy low and sell high. This is done by placing buy and sell orders at predetermined intervals within a predefined price range.
Grid bots are suitable for volatile markets, allowing you to adjust the limit of the maximum number of grids according to the price range you set. This further ensures that the trading strategy you choose will probably result in positive profits.
Apart from those, you can create your own automated trading bot on Bybit. You just have to set your preferred parameters and see it work on its own.
Talking about copy trading, Bybit has over 150,000 traders who have joined the program. It allows you to research and compare professional traders and choose the one with the best historical trading results.
You can even tailor the copied trades to your preferred specifications, including setting leverage, stop-loss, and other criteria settings. Bybit also monitors the principal trader's performance using various metrics, helping traders make informed decisions when choosing the right trader to copy.
Overall, trading can be overwhelming, but the best automated crypto trading platforms can help make sense of it all and optimize your investments. Bybit stands out with a high number of bots to choose from and many successful traders to copy. Whether you are a beginner or an experienced trader, Bybit aims to offer a win-win automated trading experience for everyone.
Did you know?
Compare Crypto Exchanges Side by Side With Others
All Crypto Exchanges may look similar to you but they're NOT all the same!
4. Huobi - A Variety of Trading Strategies
Ranks #4 out of 7
- + Very low fees
- + User-friendly interface
- + Most crypto assets are stored offline
- + 24/7 customer support
- - Only crypto assets available to be exchanged
If you're trying to find the best automated crypto trading platform, you most likely stumbled upon Huobi. Its automated trading services are advertised as simple, transparent, and efficient. The main reason behind that is the fact that Huobi's trading bot offers a useful financial tool for reducing holding costs and maximizing profits in volatile markets.
For example, the Grid Trading Bot gradually buys coins when prices fall and automatically sells when the market recovers. This approach is particularly effective when trading major tokens with high liquidity, ensuring capital preservation and appreciation. If the market fluctuates beyond the strategy's price range, the user can wait for the market to stabilize before resuming trading within the price range.
FYI, grid trading is a type of quantitative trading designed to buy low and sell high in a range-bound market. It supports stable earnings for users at a relatively low risk.
Besides, Huobi trading bot parameter adjustment feature can automatically adjust the highest and lowest price of the grid strategy during trades, ensuring that it is continuously running and earning profits. Though, other automated trading strategies, like Martingale, Spot Grid, and Infinity Grid, are also all at hand when using Huobi.
Lastly, do note that copy trading is also available on Huobi. To start it, users simply have to navigate to the "Copy Trading" page, select a trader, and click "Follow". Copy trading is currently available for BTC and ETH futures contracts. Keep in mind that the profit-sharing ratio and the leverage are set by the trader you choose to follow.
So, overall, with its trading bot and copy trading tools, Huobi surely deserves a spot on any "best automated crypto trading platform" list.
5. 3Commas - Compatibility With Many Renowned Exchanges
Ranks #5 out of 7
- + Supports over 20 most popular crypto exchanges
- + A vast variety of manual and automated trading options
- + Social trading with "Marketplace"
- + Free plan
- - Past security breaches
- - Might be overwhelming for beginners
3Commas is a strong contender on many "best automated crypto trading platform" lists, as it offers a range of automated trading tools to help traders profit in any market condition.
The platform is not a crypto exchange, though. It is mainly advertised as a tool that helps traders optimize their cryptocurrency investments on exchanges of their choice. One of the standout features of 3Commas is its trading bot suite, which includes Grid bots, Futures bots, HODL bots, and Scalper Terminal, among others.
Each bot is designed to help traders navigate specific market conditions, making it easier to make profits in a variety of scenarios.
For instance, the DCA bot is a popular option that uses a Dollar Cost Averaging strategy to reduce the average acquisition cost of a position over time. By investing at preset intervals, the DCA bot helps traders mitigate volatility risk and get a better average price for their positions.
Meanwhile, the Options bot is another popular tool for traders who want to take advantage of the potential for extreme profitability offered by options trading. This bot is designed to help traders familiarize themselves with the fundamental concepts of options trading and provides access to a range of options strategies, including buying call options and selling put options.
Apart from the trading bot suite, 3Commas also offers a range of other trading tools, such as the SmartTrade and Terminal feature that allows traders to set trades in advance based on specified triggers.
Additionally, the platform provides a portfolio management tool that allows users to keep all of their investments in one place, connect to the most popular platforms, and track performance across multiple exchanges.
One of the main reasons for 3Commas' popularity is its compatibility with the most popular exchanges, including Binance, Coinbase, Kraken, Bitfinex, KuCoin, Bitstamp, and many others.
With its advanced features and broad compatibility, 3Commas can be considered a great choice for traders looking to optimize their crypto investments.
6. Pionex - Diversity With Many Built-In Trading Bots
Ranks #6 out of 7
- + 16 free built-in trading bots
- + Competitive trading fees
- + Futures trading with up to 100x leverage
- + Various earning possibilities
- + Dual Investment feature
- - No demo account for trading bots
- - Limited manual trading options
If you're after the best automated crypto trading platform for your investment goals, you may already have come across Pionex. It is a cryptocurrency trading platform that offers automated trading strategies to help users trade more efficiently.
The platform has 16 built-in trading bots, which is quite a lot! So, let's explore some of them in detail and check what they have to offer.
For starters, the Grid Trading Bot is an automated trading program that, once set up, will initiate trading. It purchases a specified percentage of the chosen asset and places sell orders above (and buy orders below) the current price.
The bot will continually execute “buy low and sell high” trades within the designated price range, resulting in a potential buildup of frequent grid profits.
Besides that, traders can choose specific bots with different approaches, like, for example, the AI strategy, which has two types of AI parameters: balanced and conservative.
The balanced type buys an established amount of coins for every 1% drop and takes profit for every 1% earned. On the other hand, the conservative type buys coins for every 5% drop and takes profit for every 1% earned. The balanced type has moderate benefits and risks, while the conservative type has lower risks and lower returns.
Then, there's also the DCA Bot, which is a powerful tool that allows traders to trade multiple coins at the same time, mitigating risks by diversifying the portfolio. It is flexible and customizable, with a range of parameters that users can adjust to suit their trading strategy. This includes signals, price deviation, and take-profit ratio, among many other useful parameters.
Of course, as I said, these are just a few bots out of the 16 different ones Pionex offers. So, it doesn't end here!
In conclusion, Pionex emerges as an innovative platform that provides users with a variety of automated trading strategies to enhance their trading experience. These strategies have varying risk profiles and benefits, allowing users to choose the best one that suits their trading needs.
7. Shrimpy - All-Inclusive Crypto Portfolio Management
Ranks #7 out of 7
- + Compliance with 8 popular crypto exchanges
- + Free plan
- + Social trading
- + Demo account
- - No crypto signals
- - No mobile app
Shrimpy has enough features and benefits for it to show up in a list of the best automated crypto trading platforms. And, of course, being one of the best crypto algo trading platforms, it offers a range of automated trading strategies for crypto traders of all levels of experience.
With Shrimpy, one can easily automate portfolio rebalancing, indexing, and stop-losses, allowing them to manage their risk more effectively. Rebalancing your portfolio can boost your earnings potential by transferring your resources to different assets, depending on market conditions.
Also, Shrimpy allows traders to decide how much of their portfolio they want to allocate to each asset. The platform helps by trading the coins so that the value of each asset is equal to the specified initial percentages.
In addition to that, users can create custom asset allocations with unique weighting methods and perform custom periodic or threshold rebalancing strategies. They can also set minimum and maximum allocation amounts.
To start automating your portfolio with Shrimpy, simply go to your dashboard, pick an asset portfolio, and create an automation strategy. After selecting a portfolio, Shrimpy will decide between rebalancing it or waiting until the next scheduled rebalance, depending on the rebalancing settings you have defined for your automation.
Additionally, do keep in mind that social trading (copy trading) features are also in place on Shrimpy. Users can follow pro traders and automate their portfolios by mirroring their trades.
So, overall, you can manage your risk effectively, track your performance, and analyze the market with unique features made available by Shrimpy, which is why many people dub it as one of the best automated crypto trading platforms.
Conclusions
To sum up, crypto auto trading platforms offer a variety of tools for automatization and cryptocurrency trading. Most importantly, many automated trading applications that are not native to Binance, Bybit, or KuCoin can be integrated into other reputable exchanges.
And you do have a different options to choose from, including a variety of trading bots or copy trading tools. A well-fed bot (with good parameters and strategies as input) can work wonders on a trader's experience.
Therefore, with the right research and knowledge, automated crypto trading can be an invaluable tool for maximizing trading profits in the crypto market. However, do keep in mind that relying solely on algorithms carries some risks. Thus, you should always monitor your bots' performance and make the right adjustments when needed.
So, there you have it, with the best crypto algo trading platforms at your disposal, you can sit back, relax, and let the bots do the work for you!
Other Crypto Services in This Category
Here are other crypto services related to the category but not as favored by BitDegree readers yet. In my personal opinion, today there are much more optimal crypto services in the list with the higher rating that I'd recommend for the same price range or less.
CryptoHopper - Hop Between Automatic and Semi-Automatic Strategies
- + Free trial
- + Supports most major cryptocurrency exchanges
- + Automated and manual trading capabilities
- + Specialized features for beginners and experienced traders
- + Various testing tools
- - Technical issues
- - Overcharge concerns
CryptoHopper is a powerful and popular trading bot platform that is considered by many to be one of the best automated crypto trading platforms out there.
First and foremost, it enables traders to automate their crypto trading and portfolio management with its advanced tools.
The toolkit includes options coveted among crypto auto trading platforms. It allows backtesting, market-making, and arbitrage, as well as offers the ability to connect to multiple exchange accounts in one place. With so many options, it's easy to see why it's a popular choice.
Variety is one of the most significant benefits of using CryptoHopper automated trading. Several forms are available, including semi-automatic, copy, and fully automatic trading methods.
For those who prefer to make their buying decisions, semi-automatic trading can be useful. In this case, traders use the trading bot to sell positions automatically after opening them manually, leveraging CryptoHopper's unique features for optimal profits.
The platform offers several tools that can assist traders in buying for better prices, such as Trailing stop-buy, DCA, Short, and Trailing stop-short.
On the other hand, for those who prefer a more hands-off approach, fully automated trading bots are the way to go.
With CryptoHopper's unique trading A.I., traders can trade automatically, copy other traders easily, and use advanced features such as DCA, Market-Making, Arbitrage, or the platform's own charting software. This way, traders can take their emotions out of the equation and make sound investment decisions based on data.
In addition, CryptoHopper provides a marketplace where users can access templates, strategies, and signals to optimize their trading experience. Templates allow them to download fully pre-configured trading bots, while strategies provide a mix of several technical indicators hand-picked by a strategist. The signals from third-party analysts also, though, indicate which coins to buy and when.
Overall, CryptoHopper offers a variety of tools and features to automate and optimize crypto trading. Plus, with a 7-day free trial and an intuitive interface, it's easy to get started, even for beginners.
Zignaly - Start With Any Amount of Investment
- + Great for beginners
- + Convenient mobile app
- + Built-in trading terminal
- - Limited number of supported crypto exchanges
Zignaly has many features one would attribute to the best automated crypto trading platform. The platform is mostly about copy trading, though.
With no minimum investment required, you can invest as much or as little as you want, and you may only pay when you collect a profit. Besides that, you have full control over your assets, so you can allocate them as you see fit, reinvest them, or let them ride.
One of the most appealing points of Zignaly is that it's easy to use and that it is compatible with such renowned exchanges as Binance, Bitmex, and KuCoin. All you have to do is connect your exchange account, fund it, select a trader, and set your limits.
The platform takes care of the rest, replicating the trading activity proportionally to the trader you're copying. Besides, if you're not sure which trader to choose, Zignaly's curated marketplace makes it easy to find pro traders who have been manually reviewed to ensure they meet the platform's high standards.
Also, with Zignaly, you can diversify your portfolio by following multiple traders at the same time, which is not always allowed by other copy trading platforms.
Additionally, the platform offers the Profit Sharing feature, which allows you to find pro traders and let them manage your crypto assets. How does it work? You can choose up to 100 pro traders, invest as little as $1, allocate your funds to the traders you chose, and let them trade on your behalf.
This way, you only have to sit back and watch as the traders generate your profit. Do note that Zignaly protects your funds through Binance's SAFU fund under the Binance Broker program.
Overall, Zignaly is a good option for anyone looking to get started with automated trading. It's easy to use and offers a wide range of options for investors of all levels.
Kryll - Build, Lend, and Rent Bots
- + Free trial
- + Free backtesting
- + User-friendly interface
- - A bit confusing structure of pricing
Kryll is often considered to be among the best automated crypto trading platforms out there. It enables users to optimize their cryptocurrency investments using powerful tools like trading bots and portfolio management.
The standout feature of Kryll is its trading bot marketplace. Users can rent real-time trading strategies developed by experienced traders and rated by the community. This ensures access to the most effective strategies and provides users with the opportunity to optimize their trades like pro traders without any specialized knowledge.
On top of that, Kryll also offers a strategy editor, which allows traders to build powerful trading bots with ease.
The platform boasts several advanced trading indicators, which help traders optimize their strategies regardless of their skill level. This includes MACD, RSI, MA, Super Trend, Candlesticks, and Bollinger Bands.
Moreover, Kryll provides a smart trading terminal with lots of functions. With it, traders can set up complex triggers, manage stop-losses, multiple take-profits, trailing stops, and exit at break-even within a minute.
Additionally, Kryll provides a free portfolio manager that simplifies asset management. It allows traders to track their investments through a simple and intuitive platform. This is useful for taking away the need to log in and out of different crypto exchanges.
Finally, Kryll offers a mobile app that lets users access their trading bots, monitor their portfolios, and adjust their strategies on the go. Available on both iOS and Android devices, the Kryll app puts the power of automated trading in the palm of the user's hand.
In conclusion, Kryll is a great choice for traders who want to automate their trading and optimize their profits. With its trading bot marketplace, strategy editor, portfolio management, and smart trading terminal, Kryll provides traders with the tools they need to succeed in the world of cryptocurrencies.
HaasOnline - Harvest the Benefits of a Native Scripting Language
- + 7-day free trial
- + Powerful backtesting engine
- + Supports a lot of popular crypto exchanges
- - Has a steep learning curve
UPDATE: On July 9, 2024, HaasOnline released a notice that they are shutting down operations.
HaasOnline is an all-in-one automated trading toolset, which offers trading bots to such popular crypto exchanges as Binance, Bitstamp, and Bifinex, among others. This makes it one of the best automated crypto trading platforms.
An accumulation trading bot or numerous grid-based and spread trading bots are just a few examples of the automated trading tools offered by HaasOnline that are often looked for in the best crypto algo trading platforms.
Besides that, the platform also has specific solutions named TradeServer Cloud and TradeServer Enterprise.
TradeServer Cloud offers the ease of cloud management, while TradeServer Enterprise gives fine control over all aspects of the trading operation. Enterprise users also gain access to exclusive features like machine learning algorithms, and more.
HaasScript, its native scripting language, is used to quickly develop trading bots & strategies, technical indicators, and utilities. Traders can also design and develop technical indicators and helper functions using HaasScript.
Additionally, its backtesting engines allow traders to refine strategies with historical data and establish the best combination of parameters to buy or sell.
This, alongside its massive library of prebuilt functions and editors, makes HaasOnline a powerful crypto auto trading platform.
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