Staying on top of the latest trends is essential in the fast-paced world of bitcoin trading. Crypto Trading bots powered by artificial intelligence (AI) are becoming more and more popular among traders as a way to maximize earnings despite the volatile market conditions and the 24-hour nature of the cryptocurrency industry.
A reliable AI trading bot can revolutionize the game by automating crypto trading, managing portfolios, setting stop losses in place, and more. We’ll review the top 3 AI crypto trading bots in this article to help you get the most out of your trade.
Top 3 AI Crypto Trading Bots
StormGain is known for offering free trading signals that are reliable and timely. These signals offer practical advice for enhancing trading results and assisting users’ investing plans.
The AI-generated trade signals are generated by StormGain analysts utilizing a variety of analytical techniques. Through a technical analysis based on charts, technical performance indicators, and market movement news, they provide high-quality signals. These signals, which on StormGain are updated every few hours, are received by both new and experienced traders.
They are able to better manage risk as a result and learn when to place stop-loss orders and increase profit margins. According to StormGain evaluations, their trade signal specialists have a 70% rate of success in predicting the future.
- Easy-to-use interface for beginners.
- Web platform for mobile and desktop.
- Processing of withdrawals instantly.
- Provides multiple levels of deposit bonuses.
- Beneficial as a tool for cryptocurrency cloud mining.
- Notably lower trading commissions.
- Limited research and resources are available for professional investors and traders.
- The platform is unregulated in the majority of nations.
- Automated bots are not available.
Shrimpy is one of the AI trading bots for cryptocurrencies that provides automatic portfolio adjustments. By buying and selling assets in accordance with your desired level of risk, you may maintain the balance of your investments. The website intends to make trading for both beginners and professional cryptocurrency investors simple.
Its ability to imitate successful traders’ methods through social trading and copy trading is one of its features. This free service allows beginner traders to seek out the wisdom of experienced traders. A $4 reward is given each month to seasoned users for each copied portfolio plan.
There is a free plan available on Shrimpy that enables you to create one automatic transaction. However, the regular membership is available if you want to construct up to five automation. Additionally, the Plus subscription offers 25 trades and up to 10 automation.
With features like index automation, the platform promotes group investment, which is advantageous for many professions. Rebalancing is one of its key components, which helps preserve stability for long-term growth. Shrimpy was the first to introduce this feature to the Bitcoin industry, even though other platforms use it in the stock market.
Trading professionals are aware that diversifying one’s portfolios over time can lower risks and boost wealth. Shrimpy provides this feature via an indexing tool that assists customers in building unique crypto indexes with automated rebalancing and a variety of criteria. Using this tool, equal weights or market capitalization can be used to adjust the index weighting, which is crucial for market performance.
Without any advice, it might be difficult to create custom trading portfolios and methods that work well. Because of this, the platform enables users to modify their portfolios and establish the ideal allocation. Utilizing past market data, its backtesting tool helps in the testing of strategies. This enables users to see how their strategy may have performed under previous market conditions.
- Crypto bots and free tools.
- Improved security and a range of trading instruments.
- Tools for social trading can be used to copy successful strategies.
- Rebalancing a portfolio automatically.
- Resources for learning about digital currency.
- Simple and convenient to use.
- Supports managing your cryptocurrency across numerous crypto exchanges.
- Demo account for testing and managing a portfolio.
- Supports threshold rebalancing and dollar-cost averaging.
- Does not offer crypto signals.
- Limitations on the referral program’s validity.
- zero trading terminal.
- Scripting for trading bots is not available.
- No mobile application.
CryptoHopper offers a wide range of bots, including trade bots, market-making bots, exchange arbitrage bots, and market arbitrage bots, that are capable of carrying out a number of functions. For their Explorer plan, which has monthly prices ranging from $9.99 to $99.99, they offer a seven-day free trial. Pioneer, Adventure, and Hero are other price tiers.
Several bot types, interval check periods, and maximum concurrent trades are available for each price plan. Hero subscribers, for instance, have access to the Exchange Arbitrage bot while Adventure and Hero subscribers have access to the Market-Making and Triangular Arbitrage bots.
Users can purchase bot templates from Cryptohopper’s Social Trading Platform, talk about trading strategies, and join up for trading alerts. Additionally, they offer specialized tools that don’t require coding knowledge, such as Dollar Cost Averaging, Short Selling, and Triggers.
As long as their customers remain active, users can earn a commission through their affiliate program each month. To guarantee account security, CryptoHopper works closely with regulators and exchanges. They also provide top-notch security measures to safeguard customer data.
- Offers expert-level tools for beginners and professionals.
- Provides assistance in helping customers develop trading strategies based on preferences, experience, and risk tolerance.
- Only set monthly membership fees; no commissions on trades.
- For easy remote use, a mobile app is offered.
- Needs some technical knowledge.
- Users may need to use online resources due to poor customer service.
- Technical analyses and several advanced capabilities are not available for free users.
These bots can instantly examine enormous volumes of data thanks to artificial intelligence, which makes them an essential tool in the current competitive crypto market.
Additionally, these bots can help you manage your portfolio by balancing and diversifying your assets among several cryptocurrencies. An AI trading bot can assist you in navigating the turbulent cryptocurrency market, regardless of your level of trading experience, and may even improve it.