Best and Most Profitable Crypto Trading Bots: Top Legit and Simple Platforms and Software for Cryptocurrency Trading

The variety of programs available nowadays for automating cryptocurrency trades is staggering. Multiple options exist for every experience level, budget, style, etc.

As a result, the problem of choice becomes more pressing with every new product developed. What is the best crypto trading bot? What is a legit profitable software and what is a scam? What program will bring profit?

We have prepared a list of trading bots widely considered leaders in their specific market niche. This list should help you pick a program that perfectly fits your needs.

Mizar – the best crypto bot trading platform

Community has always been the greatest strength of the crypto industry. We can’t imagine a modern blockchain space without community-driven development and projects, and the cryptocurrency trading automation market is no exception. After all, no single developer team can satisfy the needs of all various market participants.

Thus, marketplaces where users share, sell or rent robots of their creation are invaluable industry cornerstones. Mizar is a marketplace and one of the best crypto bot trading platforms.

Mizar has its in-house development team and offers a selection of robots it has developed. However, the main draw of the platform is that it is a marketplace with hundreds upon hundreds of user-created cryptocurrency bots. The software operates on Mizar’s own DEX and a dozen other platforms.

Pricing differs from robot to robot. The cheapest ones charge about 0,0047% for every trade, and the most expensive ones charge about 0,1%.

In other words, Mizar is a great place to look for cryptocurrency trading bots – the chances that it has a suitable solution are very high.

Pionex offers some of the best free crypto trading bots

In most cases, free software solutions have many limitations, making it difficult to name the best free crypto trading bots. A common model is a free version of a paid robot. It is a great way to allow users to try the software, but it is hard to call such a robot completely free. After all, you can’t get full functionality free of charge.

Programs tied to specific cryptocurrency exchanges are much more interesting. You can use all their features without paying a dime, but you are limited to using a specific platform.

Pionex is one of the best exchanges that offers such services. It has two main advantages.

First, Pionex gets its liquidity from Huobi and Binance. Therefore, the exchange will always provide enough liquidity to support your operations.

Second, it offers not one, not two, but sixteen specialized robots. Do you want to implement a grid trading strategy? There are a couple of bots that do that. Do you need to rebalance your portfolio? There is a program for that. Are you interested in Martingale strategy? There is a Martingale bot, and so on.

The solutions offered are clearly tailored to beginners. Pionex' straightforward and strictly organized structure minimizes the risk of confusion and mistakes.

Coinrule – best crypto trading bot for beginners

It can often be difficult for newcomers to use robots effectively on cryptocurrency exchanges. Understanding how the market works is necessary to develop a profitable strategy. Moreover, for some robots, knowledge of coding, server maintenance, or even proprietary programming language is required to use the software and keep it operational.

Therefore, beginner-friendly solutions that help people familiarize themselves with market automation are invaluable. One of the best crypto trading bots for beginners is Coinrule. It has three main advantages and is tailored explicitly towards new market participants.

• First, Coinrule’s UI is well thought out and easy to understand. Even people with no prior cryptocurrency market experience will grasp it quickly.
• Second, it is a simple crypto trading bot with effective but straightforward strategies. Moreover, it holds your hand and does not allow you to alter the strategies so that they will certainly fail.
• Third, it has flexible pricing. The basic version is free, but the more you’re ready to pay, the more capabilities become available.

However, Coinrule is not a great solution for experienced traders. It limits possible approaches to the market. Moreover, Coinrule’s top packages lack sophistication while being more expensive than most “professional” bots.

3Commas – the best automated crypto trading bot for professionals

When it comes to professional software, its evaluation becomes tricky. On the one hand, an experienced trader with a good grasp on price movements can make virtually any sub-par software profitable. On the other hand, such traders often write their own software or order custom robots designed to meet their precise specifications.

In other words, if you strive to make the best automated crypto trading bot for professionals, it has to offer something extra and not easily replicable. Judging by the rapid growth of 3Commas popularity among pros, its developers certainly managed to pull it off.

3Commas has many features often requested by professional traders, such as trailing stops and dollar cost averaging. However, its most impressive extra feature is automated tax reporting. Granted, it is useful only for US residents, but they represent a huge part of expert market participants.

3Commas also supports multiple exchanges and technical indicators and has plenty of customization options. But when it comes to professional software, these are the must-haves, not extra advantages.

Gunbot – technically, the most profitable crypto trading bot

Gunbot is a good example of how flexible the definition of profitability may be regarding automated software for the cryptocurrency market. If you exclude free robots with plenty of limitations and restrictions, Gunbot theoretically offers the highest possible ratio of profits to the bot’s price.

The trick is that Gunbot doesn’t use a subscription model and doesn’t charge a fee per trade. Instead, it is sold as a one-time purchase. You pay once and receive lifetime tech support and all future updates. Granted, it is relatively expensive – the price varies between 0,05 and 0,1 BTC. On the other hand, there are no limits to the volume or number of trades, and you are allowed to run as many Gunbot copies simultaneously as you want.

However, the user experience leaves much to be desired. To use Gunbot effectively, you need to know what you are doing. You have to set up and maintain (or rent) your server and understand coding to implement and fine-tune your strategies.

Gunbot is a program for true cryptocurrency fanatics, not for the faint of heart.

Kryll – the best crypto AI trading bot

AI is quite popular in modern software. Developers use artificial intelligence to process data, form signals, and develop strategies from the ground up. There is ongoing debate about whether AI provides meaningful advantages compared to traditional architecture. Still, it is already obvious that AI is here to stay and will play a significant role in the industry in the coming years.

Kryll is a great contender for the title of the best crypto AI trading bot since it uses artificial intelligence to the fullest extent compared to the competition.

AI enables Kryll to offer its users an extremely powerful but easy-to-use strategy editor. Complicated conditions, logic, and calculations are reduced to clearly visualized blocks that are simply dragged onto the chart. This way, even the most sophisticated strategy is able to be built graphically and easily understandable, even for a beginner.

Kryll's pricing is rather flexible and depends on the trading volume. Holders of KBL tokens (the platform’s currency) enjoy reduced fees, but even without this reduction, $1,000 in trades will generate only $0,33 in fees.

How to pick the best bot for crypto trading

As the list above demonstrates, robots are very different and tailored towards different audiences and tasks. The perfect solution for one person may be frustratingly unsuitable for another. So here is a short list of factors to consider while selecting the best bot for crypto trading that suits you:

• How committed are you? Do you plan to rely on it to generate a significant portion of your income, or do you just want to check what it is?
• How much time are you ready to dedicate to the market?
• How much experience do you have in trading and coding?
• What volume do you expect to trade?
• What is your budget?

Naturally, selecting an appropriate platform or software is a balancing act to satisfy as many of your personal requirements as completely as possible. A free and simple crypto trading bot would be perfect for a newcomer learning the ropes. Still, a seasoned professional requires a more sophisticated tool to make as much money as possible.

However, all the solutions listed above are legit crypto trading bots worth looking closely at if you want to trade with profit.