5 Best AI Crypto Trading Bots Available Now
While AI crypto trading bots can significantly increase your profits as a cryptocurrency trader, you must still proceed with caution. As with all financial investments, we advise you to be very careful, do your own research and only invest money you’re willing to lose.
Crypto trading has entered a new realm of automation. AI can spot patterns and predict future movements with alarming accuracy. Not only are they accurate, but using an AI crypto trading bot, you can also automate the entire process. Check out out list below for the best AI crypto trading bots available now!
Pionex
Pionex is an exciting AI Crypto trading platform, with 16 different trading bots available. With grid trading, crypto arbitrage trading and even a DCA bot.
Pionex allows up to 100x leverage with trades, however we do urge you to be careful with leverage. The more leverage, the higher the risk.
Even beginner day traders can use AI Crypto Trading Bots like Pionex to successfully start making profit on their trades. All trades are done on the Pionex platform meaning you don't have to connect your wallet or other exchange accounts. Simply deposit into your Pionex wallet and all the trading is done there.
Cryptohopper
Cryptohopper is 'the world's most customizable crypto trading bot' according to their own website. The platform allows you to automate your crypto trading, ensures you don't fall victim to sudden market downfalls and ensure you remain in full control.
It's a great tool to generate passive income, with minimal input or strategising from yourself directly. The bot does everything for you, leaving the human emotions, often involved with crypto trading, at the front door.
Cryptohopper seamlessly integrates with your favourite cryptocurrency exchanges. No deposits to make, they even have a free option allowing up to 20 open positions.
Trade Santa
Trade Santa is an AI Crypto Trading Bot that allows beginners to trade like the pros. They are an all-in-one platform for crypto trading.
With their trading bot, terminal to manage all your portfolios in one place, mobile app, trading signals and even an option to copy the most successful traders.
It takes less than 10 minutes to sign up, connect the API's from your favourite exchanges and begin trading.
Altrady
'Trade smarter, not harder' - Altrady is another all-in-one cryptocurrency trading platform, with a handy risk to reward calculator.
They boast advanced tools and portfolio tracking, all with a 14 day free trail. Whatever type of trader you are, Altrady can help save you time and maximise profits when it comes to your crypto trading.
3 Commas
3 Commas provide trading strategies for all kinds of crypto markets. They offer a multitude of advanced AI Trading Bots. A DCA Bot, Grid Bot, Options Bot, HODL Bot & a Smart Bot.
They integrate with more than 16 major exchanges, offer trading view signals and a trading terminal, enabling profit from quick scalps.
View 50+ Best AI Tools 2023
How reliable are AI Crypto Trading Bots?
Of course there’s no such thing as free money. There’s always risks involved when it comes to trading of any kind. However, AI can significantly increase your chances of getting it right.
Humans are prone to error, we trade with emotions, often ignoring signals if they contradict our pre-empted beliefs. AI can spot patterns and trends that may not be obvious to humans, and therefor can be used to generate greater profits.
Should I use an AI Crypto Trading Bot?
If you’re serious about giving day trading a real go, we would definitely recommend trying out a few of the aforementioned AI Crypto Trading Bots. Proceed with caution, start with a small amount of money, and work your way up depending on your results.
What are the risks of using AI crypto trading bots?
Using a crypto trading bot is of course not without it’s risks. Markets are unpredictable, sometimes even for Artificial Intelligence. Sometimes, you just can’t predict a sudden change in the markets.
Risks are even more amplified when it comes to trading with leverage. Some of the above AI Crypto Trading Bots offer up to 100x leverage, meaning if the price drops even by a small percentage, your position could be liquidated.
Don’t be foolish and come into AI Crypto Trading thinking you’ve found a license to print money. proceed with caution, never invest more than you’re willing to lose, and above all, have fun with it.
Frequently Asked Questions
It’s hard to say which AI Crypto Trading Bot is the best. They all have their pro’s and cons, depending on what you need them for. We recommend experimenting with a few and figuring out which one is best for your specific need.
You don’t. Many people have formed highly successful careers out of day trading cryptocurrency without the help of AI.
AI simply helps you automate the process, spot trends and give you indications on which way the market is most likely to move. It’s a tool designed above all to save you time.
The accuracy varies across different platforms, it’s difficult to say which is best. Every day is different, and some indicators get it right some days, and may be wrong others. Don’t invest your life savings and assume AI can never fail.
Although you can get free versions, it’s definitely worth paying for the more advanced features if you want to get serious about making profits in the cryptocurrency trading world.
