The use of automated crypto trading bot started a relatively long time ago and has recently gained new power and been reborn as ai crypto trading bot, allowing traders to automate many actions and make more sophisticated trades.
Of course, like any tool, this one does not guarantee results but only helps to achieve more with the proper knowledge and experience.
And also, there are several such tools, as well as different platforms with their support, and this is what our article is about.
Today we will look at the best crypto exchanges for bot trading that allow such functionality, as well as review a few of the best crypto trading bots.
Best Crypto Trading Bots
The crypto trading bot is a program written to analyze market indicators in real-time and provides opportunities to use various strategies to respond to them, from notification to execution of trades.
Today, many of them have become AI crypto trading bots that are not just programmed but are trained to detect additional, non-obvious patterns and market signals, and allow you to make your trading strategy even more sophisticated.
Cryptohopper
This is a very famous crypto bot founded back in 2017 and has a good history and reputation.
It offers more than 100 market indicators based on which you can build a very flexible and customized market strategy.
At the same time, many people love it because even with its long history and many features, it has remained very accessible to those who are not familiar with bot trading and it is rightfully considered the best crypto trading bot for beginners.
It provides its API so that users can use it through platforms they are comfortable with, and because of its long history, it is available on the most popular crypto exchanges.
Also contributing to the ease of entry is the fact that Cryptohopper has developed a drag-and-drop interface that does not require learning any scripting languages to write your strategy, making it incredibly streamlined for beginners, unlike any other solution on the market.
However, you should know that like any service it charges its fee, specifically $0 – $99/mo, although it remains affordable for beginners with its free starter plan.
Gunbot
Another very serious player on the crypto bots market, with even more functionality, as well as a very high degree of security and control it gives to the trader.
This makes it a frequent choice of professionals who know exactly how the market works and how they can benefit from every feature of this instrument without losing anything in sight.
Of course, it is also widely available on most of the key crypto exchanges from Binance to OKX to Kraken.
However, it creates a challenge for beginners, so this is the best crypto trading bot if you are taking your trading to the next level and are also willing to pay more for such a tool.
GunBot also offers Javascript to write your unique strategy but still offers a simple graphical user interface, even if it doesn’t emphasize it as much as Cryptohopper.
Its price is $14.50 per month (with an annual plan), and lifetime licenses range from $199-$499.
HashOnline
Another advanced crypto trading bot that is unlikely to be the choice of beginners because of its extensive functionality and notable price, but is often the choice of professionals who want to be unlimited in their trading strategy options.
HashOnline also uses a proprietary Hashscript language and implements Edge Computing for maximum efficiency and low latency, but imposes on traders to deal with a proprietary language if they want to create a unique trading strategy.
The price of such an advanced solution is .006 BTC to .014 BTC for 3 months, but it offers discounts and bonuses for a 6-month subscription.
Best Crypto Exchanges for Automated Bot Trading
Now let’s move on to the crypto exchanges known for good support for the above-mentioned crypto trading bots (and not only these) but also offer solutions that do not require leaving the platform and make it very easy to enter automated crypto trading bots.
ByBit
A young but one of the leading crypto exchanges emphasizing advanced derivatives features has become very attractive to professionals but remains very accessible to beginners.
It has many features on the spot, futures, and copy trading, as well as extensive integration with Web3 and DeFi you can check it out here.
One of its key features is crypto bot trading, which comes with a very detailed guide on how to create your trading bot or integrate some of the most popular solutions like HaasOnline and WunderTrading.
ByBit also offers its ai crypto trading bot Aurora, which supports Spot Grid, Futures Grid, Futures Martingale, DCA, and others.
OKX
Another young but very ambitious crypto exchange with a very big focus on Web3, DeFi, and integration of advanced features and new crypto projects.
OKX too offers built-in bot capabilities for an even wider type of trades from spot and futures to spot and futures DCA and others, as well as a wider set of crypto assets.
In addition, OKX offers signal bots that do not buy or sell immediately depending on the selected conditions, but suggest you do so when they are reached and also do so using the integration of popular solutions.
Binance
The most famous crypto exchange, for many it has become synonymous with the term, and the standard of how crypto exchanges should look and work.
There’s a lot to be said for how broad its trading functionality is (although some competitors like ByBit have already managed to overtake it in some aspects), and it’s impossible to overstate how important its technological developments in blockchain are with its own BNB.
However, speaking of crypto bot trading, Binance also gives its seamless solutions for Spot Grid, Futures Grid, Spot DCA, Arbitrage, and other bots with dozens of crypto assets and hundreds of ready-made high-volatility strategies.
Also, it is worth noting that due to the popularity of the platform, this may be the best crypto exchange for bot trading since all quality solutions tend to get Binance integration first.
Coinbase Advanced Trading
Coinbase Advanced Trading, formerly called Coinbase Pro, is an advanced part of one of the most well-known and respected crypto exchanges on the market.
Like Binance, its importance to the crypto industry as well as its developments for the entire Web3 cannot be overemphasized.
Coinbase has also earned special respect for its great security and compliance efforts, giving users confidence in its solid standing.
Apart from its famous integrations, it also provides its crypto trading bot GDAX for spot, futures, spot DCA, futures DCA, and other strategies for dozens of crypto assets.
It can be your best crypto exchange for bot trading if you are a fan of Coinbase solutions, or are an active user of Coinbase Advanced Trading and want to work with third-party bots through it.
Coinbase takes fees for bot trading transactions from 0.25% to 0% depending on the monthly trading volume of the user.
Kraken
One of the oldest crypto exchanges with a very wide functional and selection of crypto assets, it can sometimes not be the most welcoming for beginners due to its wide range of features.
In this sense, Kraken is also not lagging behind and offers not only a very wide range of third-party bot integration but also a very advanced ai crypto trading bot with various paid plans.
Namely Basic $22/mo Advanced $51/mo Pro $111/mo with different numbers of Grid bots, DCA bots, and other advanced trading features and indicators.
However, it can be the best crypto exchange for bot trading if you need the widest selection of features within the platform and available assets for advanced automated trading.
Conclusions
Choosing the best crypto exchange for bot trading depends largely on how familiar you are with this type of trading to make an informed decision.
If you are a beginner in this, then the best crypto trading bot for beginners may be the one offered by the platform you are used to using.
If you are an advanced trader, then much depends on the choice of a particular bot and quality integration with the platform through which you are going to use it to build your strategies.
In any case, remember that all the above mentioned excellent solutions are tools in your hands and require your awareness so that you can benefit from them.
