The ever increasing number of crypto platforms on the market today combined with the vast amount of time it takes to keep on top of the day-to-day price movements of volatile cryptocurrencies leaves many traders frustrated and time-poor.
Fortunately, the development of automated trading bots provides crypto investors with a way to free up time or work day jobs while generating passive income from crypto trading.
With so many traders relying on trade bots to perform automated trades and transactions, it’s becoming increasingly difficult to determine which bot solutions can be trusted, and which are best avoided. In this article, we’ll take a look at the seven most popular cryptocurrency trading bots and highlight the features they offer to help you make an informed decision on whether bot trading is the right solution for you.
As with any automated system, it’s important to perform your due diligence and assess the potential costs and benefits of using bots for financial transactions before getting started.
Make no secret about it, USI Tech has become one of the biggest bitcoin multiplier investment plan programs of 2017…but there is a catch – their trading software is for Forex trading, but they offer BTC Packages for people to buy in and profit from their expert cryptocurrency trading and mining connections.
Why did we put it to number 1 of the best bitcoin trading bots?
Well, its automated, guaranteed* (their claim not ours) and hands off. In fact, its not even a run of the mill cryptocurrency trading robot or bitcoin software that currently flood the marketplace and even highlight below.
How is it different than 95%+ of the options and offers out there?
They make it more about choosing which level of bitcoin investment plans are comfortable and optimal for you to start (using the age old adage don't risk more than you can afford to lose) with and will give you nearly 1% return daily based on USI Tech's bitcoin trading and cryptocurrency mining investment operation. Most of the other BTC trading robots and automatic cryptocurrency signaling software require hands on initial setup, software and customer support. USI seems to bend that mold quite a bit in the traditional sense, giving way to one of the fastest growing bitcoin earners of 2017.
Even coupling an affiliate program where referring others to ‘invest' and buy USI bitcoin packages trading and mining organizations can lead to greater returns and bigger withdrawals. While we agree the notion of a reputable “BTC MLM” is a fleeting fantasy, as it stands for right now the United Software Intelligence (USI Tech) Bitcoin packages are a clear-cut favorite as the #1 most recommended cryptocurrency network marketing software company in the world. While this may be a major turn off for some, all of the affiliate referrals and forex software is optional in terms of investing and buying BTC multiplier packages.
While truly a new terrain still transforming before our very eyes, out of all the blockchain businesses to earn bitcoins from USI is showing no signs of slowing. We will continue to update the status of USI in the future with any major news, announcements or findings.
2. BTC Robot
BTC Robot was one of the first commercially available Bitcoin trading bots, and is a self-described automated trading tool that promises to deliver guaranteed profits. The BTC Robot platform offers a significant amount of evidence to support these promises, and claims to work by constantly analyzing all of the prices in every Bitcoin exchange marketplace in real time in order to exploit market gaps.
The BTC Robot is relatively simple to set up and is user-friendly, but is the subject of debate in the Bitcoin community. Some BTC Robot users have experienced modest profits, while others have found it difficult to get it working properly, or generate a significant ROI. BTC Robot is covered by a 60 day 100% money back guarantee, however, making it a safe bet for an exploratory foray into the world of Bitcoin trading bots.
Gekko is a unique trading bot in that it is completely open source. Unlike BTC Robot, which doesn’t provide a clear explanation of how it works, Gekko is completely programmable, and allows users to define their own automated investment strategies.
It’s possible to use Gekko to aggregate live market data, calculate indicators, execute live orders, simulate order execution, calculate profit and risk metrics, manage and import historical market data, simulate live markets with historical data, and graph all of the relevant results in a simple web interface.
The Gekko solution supports 18 different exchanges, including Poloniex and Bitfinex, and offers an adaptable plugin system that integrates with solutions such as IRC, Telegram, and email platforms. While the Gekko bot is not a high-frequency trading bot nor able to exploit arbitrage opportunities, it is a highly trustworthy Swiss army knife equivalent for traders that value simple automation and optimization.
Cryptotrader is a little known but highly scalable cloud-based automated trading bot that makes it possible for traders to build their own customized trading bot solution in minutes. As the Cryptotrader solution is completely cloud-based, it doesn’t require users to install any software locally, which is a major feature.
Cryptotrader supports all of the major cryptocurrency exchanges, including Bitfinex, BitStamp, Poloniex, Coinbase, Kraken, and Bittrex, and provides backtesting trading strategies that allow traders to test how their strategy would work in different historical trading conditions.
One of the most unique features of the Cryptotrader platform is a strategies marketplace that allows users to buy and sell successful trading strategies.
Zenbot is another open source anonymous crypto trading bot that provides traders with the ability to download the code for the bot and edit it themselves. The Zenbot solution is currently under active development, and is currently in the third iteration of release.
Zenbot is one of the only autonomous trading solutions that is capable of high-frequency trading, and supports the trading of multiple assets at the same time. According to information presented on the Zenbot 3 GithHub page, Zenbot 3.5.15 is capable of delivering a 1.531 ROI in three months, with is impressive for an open source automated trading solution.
Tradewave is a complex solution that is not technically a standalone trading bot according to the literal definition of the term. Functioning as a platform that allows traders to create automated trading strategies. The Tradewave platform can connect to most of the largest exchanges, and also provides users with the ability to share successful trading strategies with each other. The only drawback of Tradewave is that it is not free, with pricing starting at around $14 USD monthly.
The Haasbot automated trading solution is one of the more popular Bitcoin trading bots available, and removes a significant amount of legwork from the trading process. Haasbot, like most of the other bots on this list, integrates with all major exchanges and offers the unique benefit of candlestick pattern recognition capabilities. As the price of Haasbot ranges between 0.12 and 0.32 BTC per three-month period, users of the bot must be fairly committed to extracting a significant ROI from it.
Top Cryptocurrency Software Robots To Earn BTC Conclusion
There you have it – we will do our best to update with on-going research about the latest and great bitcoin trading robots. As fast as the FinTech and virtual currency worlds are growing, a lot can change in a short amount of time.
As innovation and insight begin to stack up and showcase strengths in all kinds of transformative and disruptive ways, there will be a lot of hog wash with the bacon. But just like the meat isn't the key, protein is where the solution lies. No matter what list you stumble upon and read up on next, never invest more than you can risk to lose as many cryptocurrency related laws, rules and regulations are yet to be handed down by the alphabet governing bodies.
Stay woke blockchain bot believers, the bitcoin cryptocurrency trading revolution has just begun!