Best Bitcoin Trading Bots

bitcoin robotsBitcoin trading bots are softwares which follow certain pre-programmed algorithms in order to analyze the activity on the cryptocurrency markets and trade accordingly in a profitable situation. Trading bots can trade based on predefined rules or can exploit the market inefficiency that occurs between bitcoin exchanges due to the young and growing nature of crpytocurrencies.

Here are three popular trading bots that are available on the bitcoin market.

Bot
Software
Cost
Details
Payment
Cryptotrader
Cloud Program
from 0.009 BTC / month
  • No software installation required
  • Strategies marketplace
  • Backtesting trading strategies
  • Altcoin trading on supported exchanges
  • Works on major exchanges
Bitcoin only
Haasonline
Software (for download)
from 0.04 BTC / month
  • Supports over 500 altcoins
  • Includes Trade Bots, Arbitrage Bots, Order Bots, Script Bots
  • Latest technology
  • Works on major exchanges
  • Coindesk rating: 4.5 / 5 stars
Bitcoin only
BTCRobot
Software for download or cloud hosted
from $149 one-time payment
  • 3 plans, either pc software or cloud hosted
  • 60 days money back guarantee!
  • Backtesting trading strategies
  • Bitcoin trading only; Litecoin upgrade in Platinum plan
  • Works on major exchanges
Credit card, bank tansfer, Bitcoin
60 days money back guarantee
visit platform

Cryptotrader

cryptotraderCryptotrader bitcoin trading bot is an algorithmic trading platform for cryptocurrencies. The cloud based solution provides fully automated trading solutions for anyone interested in the crypto market.

Products & Pricing: Clients at Cryptotrader can choose from five different subsciption plans for a monthly fee in the range of 0.006BTC – 0.087 BTC. The difference between the plans are the number of trading bots included in the package and the maximum amount of equity limit.
A minumum programming knowledge is required to create own strategies within the trading bot, however free and paid strategies are also available if the user does not want to deal with coding.

The trading bot is running on cloudbased servers, there is no installation requirement for the software.

Payment methods: The strategies and subsciptions can be paid by bitcoin only.

Extras: All major crytocurrency exchanges are supported on the Cryptotrader platform for both live trades and for backtesting as well. Beside bitcoin, further cryptocurrencies are available to trade as well. The site also offers the trading of strategies between its clients to enable to anyone to profit from a good idea. Interesting discussions may arise from the busy forum.

The instant email and SMS notification alerts the users on any market event or changes in current trend to make sure they are always on the top of their finances. The affiliate program pays 10% after every new plan subscription referred and bot developpers gain 70% on sales.

Usability: The website is clearly organized and plenty of information is available for getting started. The available strategies has clear descriptions and the source code is also available for the free ones. The platform automatically shows the backtested results as well as the live trading activity of the bot.

Haasonline

haasonlineHaasonline has been on the bitcoin trading bot market since 2014. The trading software incorporates the users’ suggestions as the need arises for specific trading features. Beside offering a trading bot, Haasonline also provides access to arbitrage, order and script bots.

Products & Pricing: Haasonline offers three different level of licenses in the price range of 0.12 BTC – 0.32 BTC for a 3 month period. The number of trading bots are limited in the begginer package while the advanced package offers unlimited number of trading, arbitrage, order and script bots.

In order to maximize the profit from the Haasonline sofware, users need to understand the basics of technical market analysis as the trading bot offers certain indicators that must be chosen.

Currently the Haasonline bitcoin trading bot is available for Windows users with its full features, however Linux and OSX versions are under beta testing and available upon request.

Payment methods: Haasonline only accept Bitcoin as payment as they want to emphasize their commitment to the cryptocurrency development with this step.

Extras: Beside providing an ordinary trading bot, Haasonline also offeres different kind of automated trading options, such as arbitrage trading (trading between various bitcoin exchanges), order bot (executing trades under certain market events) and script bots (highly customizable trading programs). There is a possibility to backtest the trade bots with historical market data.

Usability: Haasonline.com is professionally built trading website in terms of design and features. Under Tutorials menu, a series of videos explain how the software works in the real life. The Wiki site also provide plentiful resources for further information.

BTC Robot

btcrobotBTC Robot is a bitcoin trading bot developed by Russian programmers. The BTC Robot is analyizing the prices on different Bitcoin exchanges in real time, automatically exploits the gaps and uses hedges to execute profitable bitcoin trade as an arbitrage bot.

Products & Pricing: There are three different types of license plans available to purchase from $149 to $498. The more expensive plans include virtual private servers and personal support. There is also no monthly fees or commissions collected further to the one time license fee.

No trading or programming knowledge is necessary to use the software.

The software is available for Windows and Mac users and there is also possibility to purchase cloud contracts where the program is running on a distinct server.

Payment methods: BTC Robot accepts credit cards, PayPal and Bitcoin as payment method. The minimum balance threshold at BTC Robot is $100, once that is loaded to the registered account the automatic trading is started.

Extras: A 60 day money guarantee program available at BTC Robot, in case a customer is not satisfied with the purchase, the company offers a 100% hassle free refund. Once signed up to the ClickBetter Affiliate program, clients can earn up to 60% commission on each new referred customer.

Usability: The website includes a couple of paragraphs about cryptocurrencies in general before getting to the point of their product, so it is not the easiest to find the information around. Couple of videos are offered on the site to get to know closer bitcoin and the software itself. The signup and the installation process is however pretty self-explanatory.

Also check out this article on Coindesk.

Get Free Altcoin Trading Ebook