11 Best Binance Trading Bots for 2024

Looking to automate your crypto trades on Binance? Consider using a trading bot. In doing so, you can buy and sell crypto 24/7 without lifting a finger. Most bots come with pre-set conditions too, making them ideal for beginners.

This guide ranks and reviews the 11 best Binance trading bots. Read on to discover the most profitable bot strategies that work on Binance in 2024.

The Top Binance Trading Bots Reviewed

We’ll now explain the key features and benefits of the top Binance bots listed above.

1. Dash 2 Trade – Overall Best Binance Trading Bot for 2024

We rate Dash 2 Trade as the best Binance bot in the market. With the Dash 2 Trade platform, you can choose between two trading bots: DCA (dollar-cost averaging) and Grid. In the future, you will be able to build your own trading bot using over 10 technical indicators. When you’re ready, test your bots with the backtester feature and see how it would have performed in past events.

With extensive features including analytics that review historic data and real-time trading with virtual money, you can make the best trading bot for your needs in no time.

Aside from trading bots you can use on Binance, Dash 2 Trade offers a plethora of additional features. For example, use unique social indicators to make trading decisions, or use crypto trading signals powered by Quants.

Dash 2 Trade has its own ERC-20 utility token, D2T, which provides many benefits, such as access to the Dash 2 Trade dashboard.

2. Learn2Trade – Trading Signals Provider With 79% Accuracy

Learn2Trade is an established trading signals provider with over 70,000 members. The Learn2Trade bot enables users to trade crypto on Binance while they sleep. It takes just 10 minutes to get started. Once activated, the bot will begin scanning the market for trading opportunities.

According to Learn2Trade, its algorithmic bot has a success rate of 79%. It typically enters around 70 trades per month. Most trades take a cautious approach; just 1% is risked to target gains of 3%. What’s more, the bot leverages over 1,500 lines of code and more than 100 technical indicators. This ensures the bot can trade in all market conditions.

In addition to Binance, the Learn2Trade bot also works with Bybit. Based on its historical results, Learn2Trade is competitively priced. You’ll pay just £99 per month for full functionality, which can be canceled at any time. Cheaper rates are available when making a quarterly or bi-annual purchase. Learn2Trade also offers top-notch customer support, not to mention a 30-day money-back guarantee.

3. Coinrule – Cost-Effective Binance Bots With High ROIs  

Coinrule is also one of the best Binance trading bots to consider today. It offers two primary services to choose from. First, Coinrule enables users to create their own Binance bots. This is achieved by creating ‘rules’. No coding knowledge is required, as everything is text-based.

For instance, you might want your Binance bot to buy XRP whenever trading volumes increase by 10%, and the RSI drops below 35. Alternatively, Coinrule also offers a marketplace with dozens of pre-programmed bots. Most are competitively priced, costing under $10. For example, the Optimized Relative Index bot leverages the RSI and moving averages.

Costing just $9.95, this Binance bot has a 45% win rate. Buy The Dip Bull is another popular bot. Costing just $7.99, it discovers support zones to optimize crypto investments. In addition to the bot purchase, you’ll also need to choose a pricing plan. This ranges from $0 to $449.99 per month, depending on your needs.

4. Cryptohopper – Beginner-Friendly Bot Dashboard With Paper Trading Tools   

Founded in 2017, Cryptohopper is an established bot development platform for beginners. It enables users to automate their proven strategies on the Binance exchange. The first step is to build the bot; Cryptohopper offers more than 100 technical indicators and metrics.

For instance, the RSI crossover, MACD, and the Parabolic SAR. Next, users can deploy their bot in the paper trading zone. This mimics live market conditions but with virtual funds. Users can make adjustments to their bot as needed. Once ready, the bot can be connected with Binance via an API key.

Cryptohopper also offers pre-built bots. This includes copy trading bots, enabling users to replicate a proven Binance trader. In terms of fees, you’ll need the Explorer plan to develop a live Binance bot. This costs $29 per month, although discounts are offered when buying an annual plan.

5. Bitsgap – Popular Grid Trading Bot to Profit From Consolidation Periods   

We found that Bitsgap is one of the best Binance bots for grid trading. Put simply, the bot specializes in consolidation periods. This is when crypto asset prices trade within a tight range of extended periods. The Binance bot will first analyze key support and resistance levels for your chosen pair.

After that, the bot will enter positions accordingly. Each position is considered low-risk, as sensible stop-loss and take-profit orders are executed. This also ensures that your bankroll is protected once a breakout eventually takes place. In addition, Bitsgap also offers one of the best DCA crypto bots. This is ideal for long-term investors who want to automatically buy crypto at regular intervals.

The DCA bot is not only suitable for the Binance spot exchange but also for its futures trading platform.  Bitsgap charges $29 per month for its basic plan. This permits up to two active Grid bots and 10 DCA bots. The advanced plan – at $69 per month, increases this to 5 Grid bots and 50 DCA bots.

6. WunderTrading – Automatically Deploy TradingView Signals Into Binance    

WunderTrading is one of the best Binance trading bots for TradingView users. It enables users to incorporate TradingView signals into their bot, which will then buy and sell pairs on Binance autonomously. This is a great option for technical traders who have already crafted a reliable strategy.

Meaning – traders no longer need to read charts and execute trades – as the WunderTrading bot does this on their behalf. WunderTrading also supports a wide range of execution orders. This includes limits, trailing stops, and multiple take-profit zones. Order sizes can be stated in percentage terms or dollar amounts.

What’s more, the bot can trade multiple pairs simultaneously. WunderTrading also supports Grid, DCA, and spread trading. There are five pricing plans to choose from, ranging from $0 to $89.95 per month. The higher the price, the more exchanges, bots, and strategies available.

7. Kryll – Build a Unique Trading Bot Without Coding Knowledge  

Kryll is one of the best options for building a custom Binance bot from scratch. Fortunately, no coding or programming knowledge is required. This is because Kryll leverages a drag-and-drop model. As such, even beginners can create a profitable trading bot. Kryll offers plenty of triggers for the bot to follow.

This includes technical indicators like the MACD, Bollinger Bands, and Moving Averages. The bot can also execute trades based on pricing, volume, deviations, and volatility. Risk-management tools like stop-loss and take-profit orders are also supported. Kryll offers a risk-free demo platform too.

This ensures you can test the bot before deploying it on Binance. And, if your bot is profitable, you can sell it on the Kryll marketplace for additional revenue. Unlike other Binance bots, Kryll offers a pay-as-you-go-plan. This is based on trading volumes and the number of days the bot is active. For example, trading $1,000 over a month would cost just $10.

8. Octobot – Crypto Trading Bot Offers AI Price Predictions

Another one of the top Binance trading bots is Octobot, a popular platform for accessing a range of trading strategies and AI tools.

A top platform for advanced and beginner traders, Octobot offers a range of low and high-risk cryptocurrency trading bots. For instance, the ‘Crypto Momentum’ GRID strategy regularly invests in large-cap tokens such as Bitcoin and Tether.

Advanced investors can access Octobot’s AI crypto trading strategy. The platform connects with OpenAI’s ChatGPT to offer price predictions.

You can input price predictions for certain tokens, and the AI algorithm uses historical price data and real-time price movements to make price predictions.

To access all these tools, investors can create an account and set a trading strategy on Octobot. You then connect to your Binance cryptocurrency exchange and begin trading with Octobot.

Octobot offers a free subscription plan, which gives spot trading and paper trading access. By purchasing the ‘Trader’ plan for $42 per month, you can access portfolio tracking strategies and even connect the platform with TradingView.

9. Gunbot – Trade Unlimited Crypto Pairs with this Advanced Binance Trading Bot

Gunbot is an advanced cryptocurrency trading bot that allows investors to create custom trading strategies, access unlimited trading pairs, and benefit from top-notch security measures.

After connecting with the Binance exchange, you can access Gunbot’s preset crypto trading strategies. These include Plug & Play strategies, which have proven track records and can generate profits within minutes.

Along with Binance, you can trade across multiple exchanges and access several DeFi ecosystems. Gunbot lets you access thousands of crypto pairs and offers high liquidity.

To create custom trading strategies, access Gunbot AI. This is an AI chatbot that works using text-based prompts. Traders insert their preferences, and the AI creates new strategies.

Gunbot also uses two-factor authentication and encrypted API keys to keep investors’ funds safe on the platform. The cheapest subscription option costs $29 per month. With this option, you can connect to one exchange and access unlimited trading pairs.

You can choose to pay $59 per month for the premium plan and get access to unlimited exchanges, simulators, all trading strategies, and a mobile app.

10. 3Commas – Great Option for Dollar-Cost Averaging Crypto on Binance

3Commas is a reputable trading bot provider. It offers various bot strategies; all are compatible with the Binance exchange. Users can connect their chosen bot via a unique Binance API key. One of the most popular strategies is the dollar-cost averaging (DCA) bot. This is ideal for long-term investors, as you can choose your preferred DCA frequency.

Advanced DCA strategies are also available. For instance, 3Commas can borrow and sell cryptocurrencies on Binance, before buying them back at a lower price. It also offers DCA bots that specialize in sideways markets. The bot automatically determines key support and resistance levels, and enters trades accordingly.

Not only is 3Commas compatible with Binance but also Kraken, OKX, Coinbase, Crypto.com, and other tier-one exchanges. Prices vary considerably depending on what functionality is required. The Beginner plan costs just $5 per month. This allows two signal and grid bots, plus up to five DCA bots. However, just 25 trades per month are allowed. The Pro and Expert plans cost $49 and $79 per month, respectively.

11. TradeSanta – Access Dozens of Altcoin Bots for Just $25 per Month  

TradeSanta offers a cost-effective way to trade the best altcoins passively. Its marketplace supports dozens of Binance bots across every trading strategy imaginable. For example, there’s a Binance futures bot for PEOPLE/USDT. Over the prior seven days, the bot has made over 40% profit. There’s also a popular bot for trading ALT-FDUSD.

In just two days, this bot has increased by over 39%. For just $25 per month, you can deploy up to 49 bots simultaneously. However, this plan doesn’t support trialing take profits, TradingView signals, or access to futures bots. For full functionality, you’ll need to pay $90 per month.

You can reduce this to $45 per month when purchasing an annual plan. In addition to Binance, TradeSanta also connects with OKX, Kraken, Bybit, Coinbase Pro, and other popular exchanges. Bots connect to Binance via an API key, which takes minutes to set up. TradeSanta can be accessed via web browsers or its native app for iOS and Android.

How do Binance Trading Bots Work?

Binance trading bots enable you to automate your crypto trades on all Binance listings. Bots – which are pre-programmed to follow specific parameters, operate 24/7. This means you can implement proven trading strategies around the clock. What’s more, unlike human traders, Binance bots don’t suffer from emotions or recklessness.

On the contrary, they simply follow the rules they have been instructed to execute. For example, suppose you like buying Bitcoin during a market correction. You could instruct the bot to buy certain cryptos when their prices decline by 5% in a 24-hour period.

Bots can also execute trades when technical readings have been triggered. For example, the bot might short-sell Bitcoin when the RSI exceeds 70. Most Binance automated trading bots can also deploy risk-management orders. This often includes stop-loss orders, ensuring that losing positions are capped.

You’ve got two options when deploying a Binance trading bot. First, you can develop your own bot from the ground up. This rarely requires coding knowledge, as many providers offer a drag-and-drop framework. This simply means choosing your trigger points, preferred crypto assets, stop-loss requirements, and order values.

Do Binance Trading Bots Really Work?

Binance trading bots do work. Whether or not they make money remains to be seen. Each bot has its own in-built parameters that it must follow. In other words, if the underlying strategy consistently outperforms the market, the bot will make money. But if the strategy is sub-par, the bot will make a loss.

This is similar to copy trading. If the person you’re copying makes money, so will you. Conversely, you’ll make a loss if the copy trader isn’t able to generate gains. This is why the best trading bots for Binance come with backtesting and simulation features. Backtesting allows you to see how the bot would have performed if it had traded in historical crypto markets.

You can make constant adjustments until the bot performs well. Simulation tools enable you to test the bot in live trading conditions. The bot uses paper trading funds, meaning the testing process is risk-free.

The most risk-averse way of using Binance bots is to diversify. This means deploying multiple bots simultaneously. Consider using different strategies too. For instance, Grid, DCA, futures, and swing trading bots. Most importantly, make sure the bot settings implement stop-loss orders. In doing so, you’ll never lose too much money on a single trade.

Conclusion

Binance bots enable you to trade crypto assets passively – 24/7. It’s important to research the underlying strategy, past performance, and risk settings before proceeding.

We rate Dash 2 Trade as the best option. Choose between two bots, DCA and Grid, and adjust the parameters, such as amount to trade and whether to go long on short, and use the bots with your Binance funds.

References

• https://www.binance.com/en/support/faq/how-to-create-api-keys-on-binance-360002502072
• https://www.cnbc.com/2024/01/18/bitcoin-slides-to-back-40000-as-post-etf-correction-deepens.html
• https://www.tradingview.com/symbols/BTCUSD/history-timeline/
• https://www.binance.com/en/blog/futures/backtest-your-trading-strategy-with-binance-historical-data-421499824684901131
• https://cloud.google.com/endpoints/docs/openapi/when-why-api-key

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