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Best Crypto Trading Bots

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2024-07-28 21:42:09924browse

Trading robots are popular tools among cryptocurrency investors. They facilitate the automation of purchase and sale orders to make better decisions and optimize perceived returns. Usually, these bots are accessible for free via a smartphone or computer. Here is our non-exhaustive list of the 5 best trading bots for investing in the crypto market:

Best Crypto Trading Bots

Cryptocurrency investors often use trading robots, which are popular tools.

They enable the automation of purchase and sale orders to optimize perceived returns and make better decisions. Usually, these bots are accessible for free via a computer or smartphone.

Here is our non-exhaustive list of the 5 best trading bots for crypto market investing:

Let’s dive right into how these trading robots work ?

Binance, the world’s leading cryptocurrency exchange, has developed a series of trading bots to meet the needs of its users.

In total, the platform offers 9 different bots for crypto, each with its own specificities and audience. The most used robots are as follows:

Auto-Invest and DCA spot are the most suitable bots for beginner investors. The first applies to long-term goals, allowing you to automatically invest the same amount on a regular basis in one of the 210 cryptocurrencies concerned. In addition, Auto-Invest directly transfers your purchases to staking services to increase your returns.

For its part, the DCA spot bot offers a programmed investment that takes more into account market fluctuations. Its goal is to buy as many cryptocurrencies as possible at a low price to resell them at their peak, according to the parameters predefined by its user.

Concerning the Spot & Future Grid, it is aimed at an audience experienced in trading. By automating buy and sell orders within a predefined price range, this trading robot seeks to generate profits through rebounds on the supports and resistances of a cryptocurrency. Note that, unlike the Spot Grid, the Future Grid has a leverage effect.

Although leverage offers the potential to multiply returns, they also increase the risks of losses and liquidations. This complex tool should be used with caution. If you are a beginner but still want to try this tool, we recommend that you practice with a small amount or a fictitious account before wanting to integrate the Future Grid bot into your investment strategy.

Recognized internationally as one of the most widely used platforms by investors, eToro has gradually established itself as the company that popularized a particular trading robot: copy trading.

Copy trading is a strategy where cash and assets in an investment portfolio replicate orders executed by a third party. In other words, instead of buying and selling cryptocurrencies yourself, this task is entrusted to a robot that will copy an investor previously chosen by the user.

On eToro, it is possible to copy investors holding stocks, commodities, but also cryptocurrencies. Each of them is accompanied by data on their performance and the assets that make up their investment portfolio:

One of the advantages of eToro is that its platform offers several thousand investors for its copy trading service. In addition, it is possible to classify them according to their risk aversion, their assets held and their past performances.

BONKbot is a trading bot supported by the BONK meme coin community. Running on the Telegram messaging app, its main feature is the automation of cryptocurrency purchases and sales within the Solana ecosystem. For this, the bot relies on the decentralized exchange Jupiter.

Among the cryptocurrencies available on Jupiter are the stablecoins USDT and USDC, as well as the tokens of the Render (RNDR), Helium Network (HLN) and StepN (GMT) protocols. However, the Solana ecosystem is most famous for its many memecoins, and BONKbot allows you to buy them quickly a few minutes after their creation.

This means that it is not possible to directly exchange ERC-20 tokens from the Ethereum blockchain with BONKbot. Only the most famous cryptocurrencies, like ETH and BNB, have a wrapped token on Solana.

BONKbot is therefore an interesting trading bot if you want to buy and sell tokens on the Solana blockchain. This trading bot is often used in combination with DEX Screener, which allows to identify newly created tokens.

Unibot is both a web platform and a Telegram channel which offers its users several robots dedicated to trading. If Unibot is popular with investors, it is because of its quantity of services offered on Telegram.

Indeed, beyond delivering robots dedicated to copy trading, automated DCA and limit orders, the main advantage of Unibot is the many blockchains it supports. It interacts with the Ethereum, Base, Arbitrum networks, but also the BNB Chain and Solana.

Secara keseluruhan, Unibot menawarkan untuk melabur dalam beberapa ratus mata wang kripto yang berbeza. Kami mendapati token diletakkan dalam 20 teratas permodalan pasaran terbesar serta syiling meme yang baru dicipta untuk mengikuti arah aliran semasa.

Untuk menggunakan bot dagangan ini di Telegram, 2 penyelesaian boleh dilakukan : sama ada pengguna memilih untuk menyambungkan dompet bukan penjagaannya seperti Phantom kepada aplikasi, atau dia mencipta dompet Unibot baharu yang mana dia mesti memindahkan sekurang-kurangnya 0.02 ETH.

Sama seperti BONKbot, Trojan ialah bot Telegram khusus untuk ekosistem Solana. Dengan lebih 250,000 pengguna yang direkodkan, Trojan ialah salah satu bot dagangan memecoin yang paling popular.

Trojan mampu mengautomasikan

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