16 Best Bitcoin Robots for 2024 – Compare Crypto Trading Bots

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Bitcoin robots allow investors to trade cryptocurrencies 24/7 without doing any of the legwork. This is because Bitcoin robots trade on behalf of investors, usually via pre-defined algorithms.

In this guide, we compare the 16 best Bitcoin robots for 2024. Read on to discover the most reputable cryptocurrency trading bots with proven results and competitive pricing.

The Best Bitcoin Robots to Use in 2024

After a comprehensive research and analysis process, listed below are the 16 best Bitcoin robots for 2024.

  1. Dash2Trade – New crypto trading platform with AI bots for DCA and Grid trading strategies. Plans to roll out copy trading bots and custom bot creation tools in the near future. Try for free or get full access from $102 per year.
  2. WienerAI – Groundbreaking Bitcoin trading bot, powered by Artificial Intelligence to help users capitalize on the conditions in the market.
  3. Learn2Trade Algo: Backed by Learn2Trade – an established crypto and forex signals provider, its Bitcoin robot trades 24/7. Averaging 40 trades per month, the Learn2Trade Algo has a win rate of 79%. Prices start from just £58 per month when buying a 6-month subscription. It takes just 10 minutes to get set up, and the Learn2Trade Algo will get to work instantly.
  4. OKX: One of the world’s largest crypto exchanges, OKX, offers in-built trading bots. Each bot connects directly to the OKX exchange, which charges just 0.1% per slide. Strategies include GRID, DCA, slicing, and arbitrage bots.
  5. Bybit: Popular crypto exchange lets you automate crypto trades with a $1 minimum investment. Earn up to 92% ROIs by trading BTC through the spot grid. Long-term trading strategies also available
  6. Binance: Crypto exchange offers more than 56,000 trading strategies with its bot. Start trading Bitcoin using the Spot Grid strategy, and earn up to 20% ROIs.
  7. Coinrule: While Coinrule also offers paid subscriptions, its free plan comes with plenty of features for casual traders. It comes with seven template strategies to choose from, and users can adjust their trading parameters as needed. The free plan also connects to a Binance paper trading suite.
  8. Pionex: Pionex is a popular crypto bot trading platform that comes integrated with 16 strategies. This means that there is no requirement to connect the robot to an external exchange. Instead, all robot trades are executed directly on Pionex. Spot trading fees start at 0.05% per slide, which is very competitive.
  9. CryptoHopper: While CryptoHopper comes with plenty of customization features, the platform is popular for its robot marketplace. This hosts automated strategies created by third parties, and each can be purchased individually without a subscription. Each strategy comes with a full description, plus ratings and reviews from the CryptoHopper community.
  10. Bitsgap: Bitsgap is a great option for trading cryptocurrencies during stagnant markets. Its GRID trading bot comes with various strategies, including scalping. This will automatically buy and sell USDT within a tight range, scalping small but frequent profits.
  11. Kryll: Popular automated crypto and Bitcoin trading bot offers multiple risk-management indicators. Kryll adopts a pay-as-you-go system and does not charge any subscriptions. Get discounts with the $KRL native token.
  12. Gate.io: Known for its high liquidity levels and wide range of cryptocurrencies, Gate.io remains a popular place to trade. The trading bot platform is feature rich and allows members to use pre-loaded strategies or create their own to earn a share of the profits.
  13. Octobot – Bitcoin trading bot leverages ChatGPT to automate trades. Access a set of cryptos with the ‘Crypto Basket’ feature, and automate trades by connecting with TradingView.
  14. TradeSanta: TradeSanta is popular with investors that want to trade crypto futures autonomously. Its futures bot supports Binance and ByBit and can trade with leverage of up to 200x. There are also strategies for crypto spot trading.
  15. HaasOnline: This robot provider is aimed at advanced traders that have coding knowledge. Its proprietary robot builder, HaasOnline, is fully customizable and supports all technical and economical signals from TradingView.
  16. Quantum AI – An exciting cryptocurrency software that claims to automatically initiate new trades on behalf of the customer. Traders can invest in some of the best crypto tokens, access a demo account, and 24/7 customer support.

What is a Crypto Robot?

In a nutshell, crypto robots allow investors to trade passively. They offer an automated way to buy and sell cryptocurrencies, appealing to beginners and time-starved investors. There are many different types of crypto robots in the market.

For example, some offer a completely autonomous service. Users simply need to connect their robot to a crypto exchange, and it will begin trading immediately. Other providers offer a semi-automated robot service. This requires the user to set up their own robot parameters.

  • For instance, the user might program the robot to buy Ethereum whenever its 24-hour trading volume increases by 20%.
  • Or, the robot might short-sell Bitcoin if the RSI reading goes above 75.

The possibilities are endless.

Either way, crypto robots can operate 24 hours per day, 7 days per week. They do not suffer from trading emotions and only follow the conditions they have been programmed to meet.

How do I Verify the Past Performance of a Bitcoin Robot? 

  • Most providers publish the historical performance of their Bitcoin robot.
  • However, illegitimate providers have been known to publish fictional results.
  • As such, the only surefire way to know how the robot performs is to test it.
  • This is best achieved via a risk-free demo account.

As attractive as they sound, not all crypto robots are created equal. While some have the potential to make money, others do the exact opposite. This is why research and backtesting are important when choosing the best crypto robot.

How do Bitcoin Trading Bots Work?

Using a Bitcoin robot means that investors will need to trust in its performance. In other words, the Bitcoin robot will trade real money on behalf of investors.

Therefore, it’s important to have a firm grasp of how Bitcoin robots work before getting started.

Predefined Conditions

First and foremost, Bitcoin robots operate on a series of predefined conditions. In simple terms, the Bitcoin robot is programmed to follow instructions. It cannot ‘think’ or make decisions like humans. Instead, it buys and sells cryptocurrencies based on its underlying algorithm.

Best Bitcoin robots

This comes with both pros and cons. For example, suppose the robot is trained to buy Bitcoin every time it goes above the 50-day moving average. While this can be profitable, the Bitcoin robot has no knowledge of real-world events.

For instance, the SEC might make a negative announcement concerning Bitcoin regulation. This robot will not base any of its trading decisions on the news, as it’s only programmed to focus on the 50-day moving average. This is why it’s important to keep tabs on crypto-related news when using an automated robot.

24/7 Scanning

Once the Bitcoin robot has been activated, it will scan the cryptocurrency markets around the clock. In theory, this allows investors to trade the markets 24 hours per day.

The robot will constantly look for trading opportunities, based on its predefined conditions. There are no limits to its capabilities, meaning it can utilize dozens of technical indicators simultaneously.

However, it’s not as simple as it sounds. There is every chance the robot goes on a prolonged losing run, meaning the investor wakes up to a depleted balance.

Custom and Prebuilt Strategies

There are several ways that Bitcoin robots can be programmed. Beginners will usually choose a Bitcoin robot that comes with prebuilt strategies. This means the investor simply needs to activate the robot, and it will begin trading.

Alternatively, some investors prefer to build their own Bitcoin robot. This does not require any technical or programming knowledge, as some platforms offer a simple drag-and-drop service. This option will suit investors that already have a proven trading strategy but want to deploy it passively.

Exchange APIs

Bitcoin robots need a way to place buy and sell orders. Most Bitcoin robots connect to crypto exchanges via an API. For instance, Binance, KuCoin, or Bitstamp.

Alternatively, some Bitcoin robots come as desktop software. In this instance, the investor will need to import the file into a third-party trading platform like MT4. Then, the investor will connect MT4 to a crypto brokerage.

How do I connect a Bitcoin Robot to an Exchange?

  • Most Bitcoin robots connect to crypto exchanges via an API
  • Investors will need to log into their preferred exchange and copy the API – this will be unique to the user
  • Then, the investor will need to paste the API into the Bitcoin robot interface
  • This verifies that the owner of the exchange account allows the Bitcoin robot to trade on their behalf

Then there are Bitcoin robots like the Learn2Trade Algo. This scrapes real-time signals from the group. Then, the signals are traded automatically via a Cornix API.

We explain how to connect and deploy Bitcoin trading robots late in this guide.

Stakes and Risk Management

Investors will need to set some parameters before deploying their Bitcoin robot. At the forefront of this is the amount of money the robot should risk in each position. The safest option is to use the 1% rule. This means the robot will never trade with more than 1% of the user’s account balance.

Bitcoin robot on Binance

Additionally, users should also set up stop-loss conditions. Once again, 1% is a suitable parameter. This means that if the robot places a trade and it declines by 1%, it will close the position immediately. And hence, investors are protected from having their entire account balance depleted.

Fees

The best Bitcoin robots can take many years to develop. As such, providers charge fees to use their robots. Some Bitcoin robots charge a one-off fee. This means that the investor can use the Bitcoin robot for as long as they want, without any additional charges.

That said, we much prefer Bitcoin robots that charge a monthly subscription. The reason for this is simple; it motivates the developer to constantly tweak, adjust, and improve the Bitcoin robot.

In contrast, those charging a one-off fee have no motivation to keep the Bitcoin robot updated.

Reviewing the Top Crypto Trading Robots

It is crucial to conduct due diligence when searching for the best Bitcoin robot.

  • Investors should consider past performance and whether this information can be verified.
  • Additionally, consider how much risk the robot takes, what fees it charges, and which cryptocurrencies it can trade.

Below, we cover the above metrics and more by reviewing the 16 best Bitcoin robots for 2024.

1. Dash2Trade – Overall Best Bitcoin Robot Platform for 2024

Dash2Trade is a powerful crypto trading platform with outstanding Bitcoin robots.

While the platform is new, it already offers robots for Dollar Cost Averaging (DCA) and Grid trading strategies. These bots can be used to trade Bitcoin or more than 400 additional cryptocurrencies across 6 centralized exchanges.

Dash2Trade Homepage

In addition, Dash2Trade is actively developing a tool that will enable traders to create their own Bitcoin robots. Traders will be able to backtest bots using historical crypto price data, ensuring that bots are likely to be profitable before releasing them onto the market.

Dash2Trade has tons of additional features for traders who want to go beyond Bitcoin bot trading. The platform tracks social media sentiment for hundreds of cryptos and scores new crypto presales to help identify standout new tokens.

Dash2Trade Dashboard

It also has technical signals that track whether a token is bullish or bearish over 1-hour, 4-hour, and 1-day timeframes.

Dash2Trade offers a free plan that lets traders test drive the platform, but it requires a paid subscription to access the Bitcoin trading bots. Subscriptions start at only $102 per year when paid with Dash2Trade’s $D2T token. There’s no additional charge to trade with the bots.

Pros pros

  • DCA and Grid trading bots available
  • Custom bot creation tool will be rolled out soon
  • Social media sentiment and technical analysis included
  • No extra fees to trade with bots
  • Includes strategy backtesting tools

Cons cons

  • Only two bots available so far with more to come soon

2. WienerAI – Groundbreaking AI-powered Trading Bot, Helping Users To Fully Capitalize On Market Situations

WienerAI is an AI-powered platform that provides numerous cryptocurrency trading services that are targeted at maximizing users’ gains. Among its wide range of industry-leading innovations is the AI-powered trading bots, which permit users to trade Bitcoin and other cryptocurrencies. 

WienerAI bot

With the bot, you can automate your Bitcoin trading strategy and earn rewarding passive income. Also, it has a seamless swap feature that allows you to swap tokens at the best available prices on DEXs. Furthering its appeal is its strong edge against frontrunners like MEV Bots, providing users with huge gains in a highly competitive trading market. 

Meanwhile, the WienerAI trading bot is yet to launch because the project is still in its presale stage. However, considering the real buzz around WienerAI, it is billed to be the next big thing in the crypto trading landscape.  

WienerAI trading bot

Consequently, onlookers have swiftly picked out similarities between the WienerAI Bitcoin trading bot and Bonkbot, another popular trading bot in the meme coin space. Like Bonkbot, WienerAI will also be free-to-use though participants in its ongoing presale will enjoy early access to it. 

Pros pros

  • Easy-to-use
  • Supports swap functionality
  • Provides real-time market analysis
  • Free-to-use

Cons cons

  • Yet to launch

3. Learn2Trade Algo – Top Bitcoin Robot Backed by a Reputable Trading Signals Platform

We found that Learn2Trade Algo is backed by Learn2Trade, an established and reputable forex and crypto signals provider. This is a fully automated Bitcoin robot, meaning a 100% passive trading experience.

Here’s how it works. First, users must sign up for a Learn2Trade package, which ranges from 1, 3, and 6 months. Then, the robot must be connected to Cornix, a third-party provider that facilitates automated trading. Finally, the user will need to connect Cornix to their preferred crypto exchange via an API. And that’s it – there is nothing more for the user to do.

Learn2Trade Algo

Thereon, every time Learn2Trade distributes a trading signal, the robot will automatically place an order. Each signal comes with suggested entry, stop-loss, and take-profit prices. This ensures that the Learn2Trade Algo trades in a risk-averse way. In most cases, the robot will trade on a 1:3 risk-reward ratio. This means that the robot risks 1% to make gains of 3%.

On average, the robot will place 40 positions per month. According to Learn2Trade, its bot has a 79% success rate. While past performance does not guarantee future returns, this means the bot consistently performs well in both bull and bear markets. What’s more, the Learn2Trade Algo isn’t confined to just Bitcoin. On the contrary, it also trades some of the best altcoins. This includes Ethereum, XRP, and Cardano.

Learn2Trade Algo

When it comes to pricing, the 3 and 6-month plans cost £199 (£67 per month) and £349 (£58 per month), respectively. That said, first-time customers usually start with the flexible plan, which costs £99. This can be canceled at any time. Most importantly, the Learn2Trade Algo can trade via a demo account for as long as the user wants. Just make sure that the chosen crypto exchange supports demo accounts.

Pros pros

  • Claims a 79% win rate
  • Backed by an established and reputable signals platform
  • Averages 40 trades per month
  • 100% passive trading experience
  • Trades Bitcoin and some of the best emerging cryptocurrencies
  • Takes just 10 minutes to set up and connect to the best crypto exchanges

Cons cons

  • The 1-month plan costs £99
  • Does not support custom strategies

4. OKX – Popular Exchange Offering In-Built Bots

OKX is a popular crypto exchange that has developed its own trading bots. It offers a wide range of automated strategies, and no fees are charged. One of the most popular strategies is the arbitrage bot. This will buy a cryptocurrency and instantly sell a similar market to profit from price differences.

For example, it might buy Bitcoin in the spot markets and go short on a futures contract. Other popular bots include GRID, DCA, and slicing strategies. The former helps traders place large orders without losing out to slippage.

OKX reviews

According to OKX, more than 330,000 registered traders are using at least one of its bots. OKX supports hundreds of cryptocurrencies and offers some of the lowest fees in the industry. Each buy and sell order is charged just 0.1%. Lower fees are available when meeting monthly milestones.

Pros pros

  • Free trading bots that integrate directly into the OKX exchange
  • Strategies include GRID, DCA, arbitrate, and slicing
  • Trading commissions capped at 0.1% per slide
  • Supports hundreds of crypto trading markets

Cons cons

  •  Does not support US clients

5. Bybit – Low Minimum Investment Crypto Trading Bot 

The next trading bot on our list is offered by Bybit, one of the biggest cryptocurrency exchanges in the world. Through the Bybit trading bot, investors can start automating their crypto trades, pay low minimum investments, and access long-term strategies. 

Long-term and high-risk investors can trade Bitcoin using Bybit’s ‘Futures Grid Bot.’ This particular trading strategy allows you to go either Long, Short, or Neutral. Depending on your chosen parameters, the bot will regularly take out positions by scanning the cryptocurrency markets. 

Bybit trading bot

Furthermore, you can access the Futures Grid with just a $1 minimum investment. With this strategy, high-risk traders can apply up to 100x leverage on their trades. Other trading bot strategies include the DCA (Dollar-Cost Average). This strategy ensures that funds are invested regularly, regardless of the market sentiment. This particular strategy is preferred for long-term investing. 

You can also trade BTC/USDT on the Spot Grid and earn ROIs as high as 92% for a 1-year time period. 

Pros pros

  • Free trading bots that integrate directly into the OKX exchange
  • Strategies include GRID, DCA, arbitrate, and slicing
  • Trading commissions capped at 0.1% per slide
  • Supports hundreds of crypto trading markets

Cons cons

  •  Does not support US clients

6. Binance – Popular Exchange Lets Investors Trade Bitcoin Using a Spot Grid Bot

With a user base of more than 100 million people, Binance is one of the largest cryptocurrency exchanges in the world. This popular platform also offers a variety of trading bots, allowing users to trade Bitcoin and other crypto assets. 

The Binance trading bot has more than 56,000 active trading strategies, which has garnered a total value of more than $90 billion. When trading Bitcoin with the Binance bot, investors can access the ‘Spot Grid Bot trading strategy.’ 

Binance trading bot

The Spot grid bot tracks the market 24/7, finding Bitcoin’s best investment entry points. It then aims to sell the token once the price increases. This is a great trading tool for volatile assets such as cryptos, as the price fluctuation can allow traders to make small and regular profits. 

The BTC/USDT pair on-the-spot grid runs from under 24 hours to more than 30 days. For instance, the one-week spot grid for BTC offers an average return on investment of 19.93%. The minimum investment amount for this particular spot grid is just $17.4. 

Other bot trading options include the Rebalancing bot and auto-invest bot. 

Pros pros

  • Free trading bots that integrate directly into the OKX exchange
  • Strategies include GRID, DCA, arbitrate, and slicing
  • Trading commissions capped at 0.1% per slide
  • Supports hundreds of crypto trading markets

Cons cons

  •  Does not support US clients

7. Coinrule – Best Free Crypto Trading Bot

We found that Coinrule is one of the best free crypto trading bots in the market. The free plan comes with seven templates, allowing users to build their own parameters. Each sequence comes with a limit of three conditions.

This is more than enough for users to test-drive their strategies. What’s more, the free plan allows users to connect to the Binance paper trading suite. This allows users to backtest their Bitcoin robot in live market conditions. But without risking any funds.

Coinrule review

Do note that the free plan is limited to a monthly trading volume of $3,000. Moreover, the free plan can only connect to one exchange at a time. Supported exchanges include Binance, Coinbase, OKX, Kucoin, and even Uniswap.

Pros pros

  • Best free Bitcoin robot in the market
  • Comes with seven prebuilt templates
  • Users can adjust their trading parameters as needed
  • Supports most tier-one crypto exchanges

Cons cons

  • Users will need to sign up for a paid subscription for full functionality
  • Limited customizable tools for advanced traders

8. Pionex – 16 Robot Strategies Across Various Risk Profiles

Pionex is a popular crypto trading platform that also supports robots. There are 16 robot strategies to choose from. One of the most popular with risk-averse investors is the Arbitrage Bot. Put simply, this buys ETH from the spot markets and instantly sells ETH via futures.

The difference between the two prices represents the user’s profit. The Rebalancing Bot is also popular on Pionex. This allows users to build their own basket of cryptocurrencies based on the predefined risk settings. This is 100% passive, as the bot continuously rebalances the portfolio.

Pionex

One of the main benefits of using Pionex is that it executes trades directly. This means there is no requirement to connect its Bitcoin robots via an API. Moreover, Pionex offers competitive trading fees. Spot trading commissions amount to just 0.05% per slide. While leveraged positions cost just 0.1%.

We also like that Pionex supports almost 380 cryptocurrencies. This includes some of the best cryptocurrencies to buy, such as Bitcoin, Ethereum, Solana, and Shiba Inu. Pionex will also appeal to traders that want to fund their accounts with fiat money. The platform supports debit/credit cards and e-wallets.

Pros pros

  • Popular trading platform with in-built robot tools
  • 16 trading robot strategies to choose from
  • Supports almost 380 cryptocurrencies, including some of the best ERC20 tokens
  • Charges just 0.05% per slide on spot trades

Cons cons

  • Limited options for bot customization
  • Fiat deposits can come with high fees

9. CryptoHopper – Popular Marketplace for Buying Bitcoin Robot Strategies

CryptoHopper is an all-in-one ecosystem for automated trading. It supports custom tools that allow users to create their own strategies and risk settings. That said, CryptoHopper is particularly popular for its Bitcoin robot marketplace. This hosts automated strategies that have been developed by third parties.

Each strategy can be purchased individually and come with lifetime access. Prices vary depending on how popular the strategy is. For example, the Bitcoin Devil costs $69. This bot swing trades BTC and ETH during bullish periods.

CryptoHopper review

Then there’s the AI Market Reversal at $29.99. This bot aims to buy cryptocurrencies when they experience a temporary dip. If a reversal occurs, the bot will cash out. The best Bitcoin trading bots on CryptoHopper come with comprehensive information.

For example, historical performance and intimate details on how the strategy works. Do note that in order to deploy certain strategies from the marketplace, an explorer account is needed. This costs $19 per month on a flexible plan and supports 80 open positions at any given time.

Pros pros

  • Popular marketplace selling third-party robot strategies
  • Connects to 17 crypto exchanges
  • Also supports social trading
  • Offers a custom bot builder for advanced users

Cons cons

  • An explorer plan ($19 per month) is needed to buy Bitcoin bots from the marketplace
  • The sheer number of supported features can be overwhelming

10 Bitsgap – Leading Crypto Robot for Trading Stagnant Markets

Bitsgap is one of the best Bitcoin robots for trading in stagnant markets. This refers to periods when Bitcoin and other cryptocurrencies rise and fall within a tight range. Bitsgap offers a trading robot for this very purpose.

For example, its Flat strategy will buy and sell USDT within a predefined range. In doing so, the robot aims to make small but frequent profits. This strategy will appeal to risk-averse investors, considering the small market movement involved. Beginners will also appreciate the Buy The Dip bot, which makes strategic investments when prices are falling.

Bitsgap review

Custom bots are also available, allowing users to build their own strategies. The basic plan costs $23 per month, and this supports up to two GRID and 10 DCA bots at any given time. The pro plan – at $199 per month, supports 25 GRID and 250 DCA bots. It also supports futures bots.

Pros pros

  • One of the best Bitcoin robots for stagnant markets
  • Scalping strategy that buys and sells USDT within a tight range
  • Also offers an automated DCA bot that buys market dips

Cons cons

  • No free plan is available
  • The basic plan does not include futures trading

11. Kryll – Automated Crypto Trading Bot Adopts a Pay-As-You-Go Pricing System 

The next Bitcoin trading bot on our list is Kryll. With this automated trading marketplace, investors can access a range of trading strategies – such as DCA Bots, daily signal strategies, Grid Bots, and Golden Crossover bots.

Kryll offers real-time trading metrics and fair-risk management indicators to help you with your strategies. One of the available trading options is the BTC-USDT market, which offers an average profit of 2.64% per trade. On average, this bot offers a yearly profit of 144.68%. 

Kryll trading bot

Notably, Kryll adopts a pay-as-you-go pricing system. Users do not need to purchase a subscription. Instead, they pay only for what they use. For instance, when trading $100 worth of cryptos, the cost comes to just $0.33. 

You can get further trading discounts for holding $KRL, the native token. Those holding over 5,000 $KRL tokens pay just $0.28 for the same $100 traded. 

Pros pros

  • Free trading bots that integrate directly into the OKX exchange
  • Strategies include GRID, DCA, arbitrate, and slicing
  • Trading commissions capped at 0.1% per slide
  • Supports hundreds of crypto trading markets

Cons cons

  •  Does not support US clients

12. Gate.io – Use Pre-Filled or Design Your Own Auto-Trading Bot

Founded in 2013 and known for its high volume levels, Gate.io is a popular exchange that features a high number of cryptocurrencies alongside a wide range of auto-trading bot features.

Gate.io provides everything the modern crypto trader needs in one easy-to-access platform. With over 1700 different cryptos, it’s easy to see why Gate.io remains one of the most popular options on the market today. 

Gate.io homepage

One of the biggest draws of Gate.io is the massive range of auto-trading bot features. Whether you choose to use someone else’s or create your own, there are literally hundreds of trading bot features and options on offer, covering a variety of formats.

From Martingale to Spot Grid, Gate.io provides a wealth of filters meaning that you can benefit from any possible situation.

The transparency of the platform ensures that all relevant information is there for you to research and use at your leisure. Should you decide to use someone else’s auto-bot, you can check out data on total investment, total return, unrealized profit and loss, APR as well as details of the strategy they chose to employ.

gate.io trading page

Alternatively, if you decide to create your own trading bot you can publish it on the site and earn a share of the profits from those who decide to use it.

Such an open and accessible auto-trading product helps to generate a strong community on the Gate.io platform which means help and advice are never too far away.

Pros pros

  • Large number of cryptocurrencies
  • Wide range of auto-bot features to choose from
  • Follow someone else or create your own bot
  • Wide range of payment options
  • Strong community ethic

Cons cons

  • No fiat off-ramp
  • Would benefit from a better UI

13. Octobot – Invest in Crypto Baskets and Automate BTC Trading Strategies with TradingView

The next top Bitcoin trading bot on our list is Octobot. This trading bot allows users to invest in crypto baskets, access trading strategies using ChatGPT, and even get automated trades through TradingView. 

One of the innovative features that Octobot introduces is the crypto basket. Through this feature, investors can directly purchase a set of crypto tokens. For instance, you can opt for the ‘Top 5 Crypto’ basket, giving you direct exposure to the top 5 tokens by market cap. 

Octobot home

Other baskets include ‘Top 5 Meme Coin’ and ‘Top 5 GameFi’ cryptos. 

Octobot offers automated trading strategies by connecting to ChatGPT, one of the most popular AI-based platforms in the world. You can generate short-term and long-term price predictions through this feature. Input your preferred risk parameters, and the ChatGPT bot will use historical data and track real-time price movements to suggest new trades. 

Octobot also allows users to automate trades by connecting to TradingView. One simply needs to define their trading strategy, and let TradingView suggest signals and potential trading opportunities. 

Octobot crypto baskets

The automated trading bot features everything from GRID trading and DCA strategies. While Octobot offers a free trading version, it does not come with the ChatGPT trading mode. You must pay $76 a month to avail the ChatGPT feature from the ‘Standard Mode.’  

Pros pros

  • AI trading strategies by leveraging ChatGPT
  • Invest in crypto baskets
  • Offers automated trading via TradingView
  • Provides a free plan

Cons cons

  • Pay $76 a month to access the ChatGPT feature
  • May be better suited for experienced traders

14. TradeSanta – Trade Crypto Futures via an Automated Bot

TradeSanta is one of the best Bitcoin robots for trading crypto futures. There are various strategies to choose from, including GRID trading. This buys and sells crypto futures based on predefined conditions. The aim is to enter a long position when the futures price drops, and vice-versa.

The TradeSanta futures bot is compatible with Binance and ByBit and can trade with leverage of up to 200x. Alternatively, TradeSanta also offers a marketplace where users can buy proven strategies. This covers both futures and spot trading.

TradeSanta review

In terms of pricing, there are four plans available. The free plan supports one active bot but comes without full functionality. For example, those wanting to use the futures bot will need to pay $45 per month. This includes the ability to deploy custom signals from TradingView.

Pros pros

  • One of the best Bitcoin trading robots for futures
  • Supports leverage of up to 200x
  • Various strategies to choose from – including GRID trading
  • Also offers a marketplace selling proven strategies

Cons cons

  • The futures bot is only available on the $45/month plan
  • Only supports nine crypto exchanges

15. HaasOnline – Advanced Robot Builder for Traders With Coding Knowledge

HaasOnline is the best cryptocurrency bot for advanced traders with coding knowledge. It has developed its own programming tool, HaasScript. This allows users to develop their own bespoke strategies without limitations. This includes support for all technical scripts on TradingView.

These can be incorporated directly into the user’s coding lines. Crucially, HaasOnline also supports backtesting. Unlike other robot providers, the backtesting facility is based on real-time market data. This allows users to test their bespoke strategies without risking capital.

HaasOnline review

In terms of pricing, HaasOnline charges $49 for its standard plan. This allows up to 10 cryptocurrency trading bots at any time. However, for full functionality with HaasScript, a professional plan is required. This costs $99 per month and comes with a free 7-day trial.

Pros pros

  • Best open-source crypto bot for users with coding knowledge
  • Completely customizable strategies with unlimited coding lines
  • Important all TradingView signals
  • Fully-fledged backtesting facility with real-time data

Cons cons

  • Full functionality with HaasScript requires the pro plan at $99/month
  • Not suitable for beginners

16.Quantum AI – Top-rated Bitcoin Robot Automating Trades for the Customer

Quantum AI is a cryptocurrency trading software that automatically makes new trades on behalf of the user. With Quantum AI, users can apparently trade some of the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Cardano (ADA), and BNB (BNB). 

Quantum AI - What is it?

To get started with Quantum AI, investors must make a minimum deposit of $250. According to the platform, bank transfers and credit/debit cards are the supported fiat deposit methods. Once the funds are deposited, the machine learning application starts analyzing the markets to determine the next investment. 

The platform utilizes different tools, such as technical indicators and uses price charts to study the crypto space. While we cannot confirm the claim, Quantum AI states that it has an estimated success rate of 90%. 

The platform can be accessed via desktops, laptops, and on mobile applications. A straightforward platform to use, investors can create an account in only a few minutes without needing to complete complex KYC (Know Your Customer) requirements. The platform also states that investors can start trading through the demo account. 

Quantum AI Crypto Trading System

A demo account comes pre-loaded with virtual funds and allows traders to initiate new trades without risking any funds. This is one way to check out the available platform features without losing any money. 

The platform also claims to support investors by offering 24/7 customer support. While there are rumors that influential celebrities such as Elon Musk have played a role in creating the platform, there is no evidence to confirm these claims. 

Pros pros

  • Automates cryptocurrency trades
  • Claims a 90% success rate
  • Backed by an established and reputable signals platform
  • Offers a demo account
  • 24/7 customer support
  • Multiple fiat payment options

Cons cons

  • Little information on the platform website
  • High minimum deposit of $250

How we Ranked the Best Crypto Robots

We will now explain our criteria when ranking the best crypto trading robot sites.

Type of Robot

The first consideration we make is the type of crypto robot being offered.

For example, Learn2Trade Algo offers a fully-automated Bitcoin robot. Once the robot is set up – which takes less than 10 minutes, there is nothing else for the user to do. This is because the Learn2Trade Algo trades 24/7, without requiring any human input.

Learn2Trade Algo

There are also Bitcoin robots that can be customized. These require users to build their own trading conditions and strategies. This can include everything from pricing, volatility, volume, and technical indicators. This option is best suited for traders that already have a proven strategy but want to automate the process.

Past Performance

The overarching objective when using a Bitcoin robot is to make money. Therefore, it is important to assess the past performance of a robot before proceeding.

For example, Learn2Trade Algo has a historical win rate of 79%. In theory, this means that over time, 79 out of every 100 trades return a profit.

Top Tip

The best way to take a Bitcoin robot for a test drive is via a demo account. This allows users to backtest the robot in live market conditions without risking any funds. If the robot isn’t profitable during the testing period, it will likely need to be tweaked.

Do remember that past performance is not indicative of future returns.

Supported Strategies 

There are thousands of potential strategies that Bitcoin robots can take.

For example, some robots use a scalping strategy. This enters dozens of buy and sell orders throughout the day, with the aim of ‘scalping’ profits from minute price movements.

Another popular strategy used by bots is DCA or dollar-cost averaging. This will build the user’s crypto portfolio by making purchases at optimal conditions. For example, if the chosen crypto enters a market correction, it will enter a buy order.

Some Bitcoin robots focus on arbitrage opportunities. This profits from price differences on the same asset. For example, the robot might buy Litecoin on the spot markets and short-sell it via futures. The price difference between the two represents the profit.

Supported Cryptocurrencies and Markets

We also looked at what cryptocurrencies the bot is able to trade. While most bots focus on Bitcoin, others trade a range of altcoins. This presents users with more trading opportunities.

What is the Best Crypto for Robots to Trade?

  • Most robots will focus on Bitcoin, considering it the largest crypto by market capitalization.
  • Bitcoin also attracts the most liquidity, meaning trading conditions are always optimal.
  • That being said, some Bitcoin robots also trade other crypto markets.
  • It all depends on the strategy the robot has been programmed to follow.

Additionally, users should also explore what trading markets the bot supports. For example, most cryptocurrency robots trade the spot markets. While others focus on futures.

Pricing

Investors should also consider pricing when searching for the best Bitcoin robots. Not only in terms of the specific fees but how they are charged.

For instance, Learn2Trade Also offers a simple subscription model that can be canceled at any time. Discounts are available when purchasing a 3 or 6-month package.

Learn2Trade Algo

User-Friendliness 

Another factor to consider is user-friendliness. Beginners will likely prefer a fully-automated robot with a simple setup process. Both Learn2Trade Algo and Pionex are good options in this regard.

Advanced traders will likely prefer HaasOnline. This provider offers custom script tools that are aimed at coders. This is the most advanced form of automated trading.

Supported Exchanges 

Most Bitcoin robots require a third-party crypto exchange to execute orders. Users should check which exchanges are supported before signing up.

Are Crypto Bots Legit – Do They Really Work?

No two crypto bots are the same. While some crypto bots have the potential to make money, others do the opposite. The only way to truly know if the crypto bot can make money is by backtesting it.

For this, users will need to choose a bot that can connect to a demo trading facility. It is important that the demo platform tracks real-time market conditions and not historical data. This ensures that the backtesting process is credible.

To keep things risk-averse, it’s wise to backtest a crypto bot for at least a few weeks. After all, the crypto markets are unpredictable and volatile, so a short testing period will likely not be sufficient. After the testing period, users can then determine if the crypto robot is ready to trade with real money.

If it is, users can set up stop-loss orders and other risk-management strategies. This will ensure that the bot doesn’t burn through the entire bankroll. Ultimately, while crypto bots are legitimate, not all providers are. This makes it even more important to do due diligence before proceeding.

How Much do Bitcoin Robots Cost?

The price of Bitcoin robots varies widely from one provider to the next. As noted earlier, most Bitcoin robots have a monthly subscription in place. This is ideal for first-timers, as there is no long-term commitment.

While some providers offer discounts on longer plans, it’s best to keep things flexible. This way, if the robot doesn’t meet the user’s expectations, they can cancel the plan. To offer some insight, Learn2Trade Algo offers flexible monthly plans for just £99.

Some Bitcoin robots must be purchased via a one-time payment. This gives users lifetime access to the robot. However, this also means that the robot developer is less motivated to update its robot, let alone offer customer service.

This is in contrast to subscription-based models like Learn2Trade Algo. The platform regularly tweaks its Bitcoin robot to ensure it trades at optimal conditions. This ensures that customers continue to subscribe each month.

Free Bitcoin Robots

In reality, the best Bitcoin robots take several years to develop. This consists of never-ending backtesting and adjustments to ensure the robot is profitable. Moreover, leading providers consistently upgrade and tweak their robots so that it aligns with broader market conditions.

With this in mind, developers aren’t going to give away their proven strategies for free. Nonetheless, some of the Bitcoin robot providers discussed today offer free trials. This gives users enough time to test the robot out before risking any money. The free trial should be used alongside a demo account that tracks real-time prices.

We also came across crypto robot trading sites that offer free plans with limited functionality. This usually means a limited amount of trading volume or active bots at any given time. Ultimately, investors need to ask themselves what they prefer: a paid-for trading robot that makes consistent gains or a free one that loses money.

Are Crypto Trading Bots Legal?

Yes, AI crypto trading bots are completely legal. They merely provide a means to trade cryptocurrencies online. The vast majority of bot providers do not execute trades themselves. Instead, users are required to connect their bot to their preferred exchange via an API.

That said, not all crypto trading bots are created equal. As reported by the BBC, there are many scammers operating in this space. These providers will make bold claims of huge profits but can rarely back them up with verifiable data.

Therefore, it is important to spend ample time researching a Bitcoin robot provider before proceeding. A good starting point is to read crypto trading bot reviews online. Websites like TrustPilot and Reddit are useful in this regard. This should give a general overview of whether or not the Bitcoin robot is legitimate.

Conclusion

Bitcoin robots appeal to investors that want to buy and sell cryptocurrencies passively. Overall, we found that the best option is Dash2Trade.

Dash2Trade currently offers 2 Bitcoin trading bots, with more planned to roll out soon. Traders will also be able to build bots around their own custom strategies, plus access a wide range of actionable data and insights to help them trade more profitably.

References

https://www.tradingview.com/scripts/

https://coinmarketcap.com/rankings/exchanges

https://www.marketwatch.com/investing/cryptocurrency/btcusd

https://www.okx.com/investing-bot

https://www.bbc.com/news/technology-64939146

https://coinmarketcap.com/currencies/bitcoin/

https://coinmarketcap.com/

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/templates-business-guides/glossary/leverage

https://intelligent.schwab.com/article/dollar-cost-averaging

https://coinmarketcap.com/currencies/litecoin/

FAQs

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Mensholong Lepcha
Crypto & Blockchain Writer
Mensholong Lepcha
Crypto & Blockchain Writer

Mensholong is an experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has previously contributed news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He started his writing career at Reuters in 2017, covering global equity markets. In his free time, Mensholong loves watching football, finding new music, and buying BTC and ETH for his crypto portfolio.