Cryptocurrency has become one of the most widely traded assets in recent years. Due to its highly volatile nature, the value of these assets fluctuates continuously, presenting numerous trading opportunities. As a result, traders can sometimes achieve larger and faster profits compared to other assets. However, they can also face significant losses.
Trading cryptocurrency requires substantial research effort, making the learning curve in this industry quite steep. Traders can easily make mistakes and suffer losses. This is why many traders, especially those with less experience, prefer using AI crypto trading bots.
This article will explain what AI crypto trading bots are, how they work, and introduce nine of the best bots available today.
What Is an AI Crypto Trading Bot?
Trading bots have existed for decades, and even crypto trading bots have been used for many years. Over time, these bots have evolved for the better. Simultaneously, other technologies like Artificial Intelligence (AI) are also advancing continuously. These two technologies began to merge, giving rise to AI crypto trading bots.
By combining trading bots with AI, developers have created faster, more accurate, and significantly more efficient trading robots. These bots can analyze the market and react swiftly to price changes—much faster than any human could. When making predictions and as prices start to change, they can react instantly by placing buy and sell orders, enabling them to execute dozens of orders daily, depending on market conditions. These trading bots make cryptocurrency trading simpler and more efficient by reacting in real-time.
After conducting thorough research, we have selected the nine best trading bots as follows.
1. OKX Trading Bot
The OKX Trading Bot is an automated tool that allows investors to profit from their portfolios without spending extensive time trading. The bot offers a variety of strategies, including grid trading and arbitrage trading. This tool is particularly useful for beginners seeking opportunities in the market. The OKX Trading Bot features 11 different modes, each suitable for specific situations.
In other words, the OKX bot can meet trader needs in any market type, including spot grid, futures grid, iceberg, smart portfolio, dollar-cost averaging, and arbitrage orders.
Another useful feature of the bot is the ability to copy the strategies of expert traders. This is facilitated through the bot marketplace, where traders can replicate other trading bots.
Features:
- Multiple modes for all market types
- Diverse package options
- 7-day free trial for the PRO package
- User-friendly interface
- Wide price range
- Short setup time
Pricing: Not package-based; all costs are based on trading fees ranging from 0.03% to 0.15%.
2. Pionex
Pionex is one of the leading AI crypto trading bots. It boasts an impressive 16 built-in free trading bots with low trading fees of only about 0.05%.
One of Pionex's most popular bots is the Grid Trading Bot, perfect for buying low and selling high. Another is the Arbitrage Bot, a tool that leverages the futures market. Overall, Pionex is highly efficient, helping you earn returns every 8 hours.
Features:
- Low trading fees
- 16 built-in free trading bots
- Leveraged Grid Bot offers up to 5x leverage
- Rebalancing Bot helps you hold coins
- Spot-Futures Arbitrage Bot allows earning 15-50% APR with low risk
Pricing: 0.05% trading fee.
3. 3Commas
3Commas is a reliable and popular choice with 21 trading bots, including Grid Bot, DCA Bot, Options Bot, and HODL Bot. The Grid Bot is highly reliable in bear markets, while the DCA Bot is effective in volatile markets. The Options Bot can execute very advanced strategies. Lastly, the HODL Bot allows users to create long positions through conventional buying.
These bots can be configured to meet the conditions of any market type. Moreover, users can customize them to align with their specific trading goals.
Features:
- Wallet app available
- Extensive reference materials
- Portfolio management
- Detailed FAQ section
- Advanced data feeds
- Easy to use with presets, strategies, and templates for quick bot access
- Operates 24/7
Pricing: Free package with 3 bot types, and 3 premium tiers:
- Basic ($14.5/month)
- Advanced ($24.5/month)
- Professional ($49.5/month)
4. Learn2Trade
Learn2Trade is a trusted AI crypto trading bot that has been relied upon for years. It attracts over 70,000 users worldwide and is one of the top crypto signal providers. The bot offers both free and premium services, as well as real-time notifications via social media. To date, Learn2Trade's tips and signals have achieved a 79% success rate. The VIP package even provides entry prices, take-profit, and stop-loss levels.
The free package offers up to 3 signals per week, while the paid package provides up to 5 options daily. Learn2Trade has 4 premium packages for users to choose from based on their needs and budget.
Features:
- High-profit signals
- Copy trading service
- Monthly subscription starting at £58
- 10-minute setup time
- 24/7 trading
Pricing: Learn2Trade offers 4 different packages:
- Free package
- 1-month subscription (£99/month)
- 3-month subscription (£67/month)
- 6-month subscription (£58/month)
5. Cryptohopper
CryptoHopper is considered an excellent choice for both beginners and experts. It is a cloud-based AI crypto trading bot that uses algorithmically programmed trading methods, allowing clients to use external signals for smart trading. The bot is compatible with 9 different crypto exchanges, all major names in the cryptocurrency space, including Binance, OKX, Coinbase, Huobi, Kraken, etc.
The platform allows you to leverage free and premium signals from various sources, offering over 30 trading indicators and more than 90 candlestick patterns. The bot operates 24/7 and can trade 75 different currencies, including BTC.
Features:
- Multiple indicators like Bollinger Bands, Stoch, and RSI
- Web-only version; no mobile or desktop app
- Tools include trailing stop orders, customizable technical indicators, backtesting tools, and configurable templates.
Pricing: CryptoHopper offers a free trial and 3 paid monthly packages priced at $19, $49, and $99 respectively.
6. Kryll
Kryll is an AI crypto trading bot and automation software designed specifically for day traders' needs. With Kryll, traders can manage their portfolios or execute quick day trades. The bot has many standout features, such as a crypto strategy builder.
It is a useful tool for beginners, allowing the creation of scripts without programming knowledge. Kryll's drag-and-drop system lets users link existing features with dedicated bots.
Kryll's marketplace caters to both experienced and inexperienced traders. They can use this marketplace to share their strategies and earn money from them. Inexperienced traders can use the Kryll marketplace to purchase a trading strategy that helps them profit through the bot.
Features:
- Crypto strategy builder
- Marketplace
- Trading terminal
- Simplifies crypto trading
- Manage your portfolio
Pricing: 6 different packages including a free option. The more currency held, the greater the discount and number of bots available.
7. Mizar
Mizar is favored by many for its cost-effectiveness. This bot can be used to manage, optimize, and automate trading. Mizar offers multiple choices, with copy trading being the simplest option. You can follow and react to signals or copy strategies created by experts.
Additionally, you can fully automate trading by enabling the bot and letting it trade on your behalf 24/7. If other users copy you, you can earn passive income.
Mizar provides several functions, including take-profit, stop-loss, trailing stop, etc., helping investors minimize risks and increase profits.
Features:
- No monthly subscription or upfront fees
- DCA bot and smart trading terminal
- Demo trading account for strategy testing
- One-click copy trading and profit sharing
Pricing: No subscription or upfront fees, but volume-based fees depending on trading activity.
8. Cryptorobotics
Cryptorobotics is another popular platform for automated trading. With 8 crypto trading bots that can be programmed with specific rules and parameters, the Cryptorobotics platform and bots are customizable to fit traders' specific goals and strategies.
These bots are designed to analyze market data, execute trades, and follow strategies, so they do not require constant trader supervision.
Features:
- Automated trading
- Data-driven trading
- Portfolio diversification
- Demo trading
- Alerts
- Integration with crypto exchanges
- High degree of customization
Pricing: Pro package allows profit sharing.
9. Bitsgap
Bitsgap makes it easy to manage your digital currencies. This bot can also analyze over 10,000 crypto pairs to identify the most promising cryptocurrencies. With these features, you can create your own strategy with just a few clicks.
Bitsgap includes futures bot, grid bot, unlimited smart orders, etc., and connects to several crypto exchanges like Binance, Kraken, Poloniex, Huobi, Bittrex, Livecoin, etc.
Features:
- Easy-to-use tools for portfolio management and trading
- Fully automated, operates 24/7
- No download required for access
- Over 100 technical indicators
- 12 chart types
- Available on over 25 brokers
- Allows testing settings before trading
Pricing: $29/month
Should You Use an AI Crypto Trading Bot?
AI crypto trading bots are considered excellent trading tools for new traders. These popular platforms offer social trading and multiple bot trading strategies. These automated systems can instantly analyze trading signals and make decisions before traders even gather data. They operate in real-time and are not influenced by emotions, making them a potentially optimal trading strategy for you. You simply need to set up the bot and monitor its performance as automated trading occurs.
Ultimately, you are the one who decides whether to use a trading bot. Remember that trading is a process of experience and learning from your own mistakes. Trading bots can be a more efficient way to trade in the crypto market, but they are not for everyone. It is crucial to know how to set up the bot correctly to achieve good results. If you decide to try an AI trading bot, the list above can help you decide where to start.
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Frequently Asked Questions
Are there AI crypto trading bots?
Yes, there are numerous AI crypto trading bots available today. The list above provides 9 of the best options for you to choose from.
Are AI trading bots legal?
Yes, AI trading bots are completely legal. They are considered trading tools—you can use them as much or as little as you like.
Do crypto trading bots actually work?
Most top-tier, highly reputable bots are operational and quite effective. Of course, some bots may be fake or inefficient. This is why it's essential to do your own research before using any.
Which automated crypto trading bot is the best?
Each bot has its own strengths, so it's impossible to declare one as the "best." The best bot depends on what you're looking for, whether simplicity or complexity, low cost or high investment. All the bots on the list above are highly effective, so review them and make your choice.
What is the OKX trading bot?
The OKX trading bot is an automated trading tool created by the OKX platform. It is an automated algorithm that executes trades on the OKX exchange.
Is the OKX trading bot free?
Yes, the OKX trading bot is completely free for OKX users. It is one of the trading tools provided by the platform for cryptocurrency trading.