Best Crypto Trading Bots 2021 – #1 You Don’t Wanna Miss!

Quick Overview: Our Top 3 Crypto Trading Bots

IMAGE PRODUCT DETAILS
OUR TOP PICKptsntbl-table__imageCryptohopper
  • Most feature rich crypto bot
  • Both free and trail packs available
  • Detailed resources for beginners
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ptsntbl-table__imageBitsgap
  • Access to 10,000+ trading pairs
  • Interface is beginner friendly
  • 14 day free Trail
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ptsntbl-table__image3Commas
  • Over 1.2 Billion trades so far
  • Limited features with free lan
  • Active community a great benefit
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I started using crypto trading bots 3 years back and I am glad that I got started early. No, they do not generate automated profits but they increase your chances of making consistent earnings.

Why?  you may ask. It’s simple. You cannot keep up with the volatile crypto markets with your manual trading strategies (at least not as a beginner), this is where the crypto trading bots come in. A trading bot can help you automatically trade crypto, even when you’re asleep.

However, there are many crypto trading bots claiming to be best but the question is – which is actually the best one?

I have tested most automated trading bots on the market, and after heavy research, and lots of hours spent with these bots, I’ve compiled a list of the best crypto trading bots (each having a unique use case). But first, let’s look into what crypto bots actually are.

What are Crypto Trading bots?

Crypto trading bots are automated programs that do crypto trading on your behalf. You can create rules based on your trading strategy. Many trading bots also allow you to use pre-made trading strategies set by advanced crypto traders.

In short, these bots facilitate emotionless trading which can result in consistent and profitable trades based on your strategies. However, it is advised that you backtest using paper trading or check the historical gains made by the automated trading strategies.

Now that you have an idea of what a crypto bot is and what it does, let’s take a look at the best ones in 2021.

Our Top 12 Best Crypto Trading Bots 2021

Best All-in-one Trading Bot: Cryptohopper

Cryptohopper quickly rose to become one of the best automated trading platforms. They were the first cloud-based cryptocurrency bot on the market, meaning their bot continues trading even when you are offline. 

Their bot is also very easy to use for new users. Inexperienced traders can subscribe to social trading features like trading signals, bot templates etc. Traders with more experience can also take a manual approach, by configuring strategies based on technical indicators. 

Next, to this, Cryptohopper offers backtesting, trailing stop loss (including features to let your bot only sell with profit), the ability to trade using multiple exchanges, and a pleasant user interface. Cryptohopper also offers a completely free bot with its Pioneer package.

In comparison to Bitsgap and 3commas, I found the Cryptohopper interface easier to use and more beginner-friendly. The resources section helped me understand the features whenever I was at loss. I loved the fact that I could access the platform through their mobile application.

On the cons side, Cryptohopper doesn’t provide phone support and some of the good signals are mostly paid. I found similar traits in all other bots too, which is the norm in cryptocurrency trading bots-market.

Exchanges: Binance, Binance.US, Coinbase Pro, Kucoin, Kraken, Houbi, Crypto.com, Bitfinex, Crypto.com, Poloniex, Bittrex, HitBTC, Bitpanda Pro, Bitvavo, OKEx, EXMO

Pricing: Pioneer (Free), Explorer (Free trial) – $19/ mo, Adventurer- $49/mo, Hero – $99/mo

Programming Language: Web and mobile based user interface, doesn’t require coding knowledge.

GET STARTED WITH CRYPTOHOPPER →

Best Arbritage Trading Bot: Bitsgap

Bitsgap provides you with crypto trading bots, signals, portfolio management, and arbitrage opportunities all on the same platform.

With Bitsgap, you have access to over 10,000 crypto trading pairs plus several technical indicators that help you plan your strategies.

You can easily execute arbitrage strategies and deploy arbritrage bots to trade simultaneously across several exchanges with Bitsgap. The platform also allows you to control your trades using several market orders and exit strategies.

Even though all plans come with a free trial, there is no completely free package like in the case of Cryptohopper.  

In short, Bitsgap is a safe, secure, and fully encrypted platform that allows you to trade on multiple exchanges at the best rates. The platform is relatively new and they do not have a mobile app which is a con for those wanting to check in and adjust on-the-go. 

You automatically get upgraded to the PRO plan for 14 days if you sign up using the link below.

Exchanges: Binance, OKEx, Kucoin, Kraken, FTX, Bitfinex, Houbi, Coinbase Pro, Bittrex, HitBTC, Cex.io, Poloniex, Bitstamp, Coinbene, Gemini, Gate.io, Liquid, Lbank.info, The Rock Trading, EXMO, Bit-z, Bithumb, Bibox.

Pricing: $19/mo (Basic), $44/mo (Advanced), $110/mo (Pro) – Free trial available for all.

Programming Language: Drag and drop user interface, doesn’t require coding knowledge.

GET STARTED WITH BITSGAP →

Best Advanced Crypto Trading Bot: 3Commas

3commas3Commas comes with an extensive feature set which is ideal for advanced traders. One unique feature I like is the trailing loss and trailing profit. When using any other trading bot, you would be able to set stop losses to avoid the overall loss and take profit to secure the profit that you made. However, if the coin goes on to perform better after the bot sold your position, there is no going back.

The trailing feature offered by the 3Commas bot helps to achieve exactly that. The bot will analyze the market conditions and sells your crypto at the right time. Thus, ensuring the maximum return on your investment. This feature allows the bot to act quickly to the changing market conditions.

Apart from this, the 3Commas bot provides all the features that you can see on a normal trading bot such as stop loss, take profit, automatic trade, etc. The bot is hosted online which makes it available always.

3 Commas has an active trading community and an in-depth resources section. The advanced tools allow you to create complex strategies for efficient trading.

The interface can be overwhelming when you get started but the setup guides come in handy. The mobile app is relatively new and tends to lag at times. They have a completely free package with limited features.

Exchanges: Binance, FTX, Bybit, BitMEX, Deribit, Bittrex, Binance US, Bitfinex, Bitstamp, Coinbase Pro (GDAX), Gate.io, Gemini, Huobi, Kraken, Kucoin, OKEx, Poloniex.

Pricing: Free (Limited features), $14.5/mo (Starter), $24.5 (Advanced)

Programming Language: Web and mobile based user interface, doesn’t require coding knowledge.

GET STARTED WITH 3COMMAS →

Best Cloud Trading Bot: Napbots

NapBots is a cloud-based platform powered by AI that is democratizing trading techniques, previously reserved for hedge funds.

The bot has a user-friendly interface, and most users love this simplicity. This makes it easy for beginners to start trading.

It has never been so easy to trade like a pro, with NapBots you can get your crypto bots ready to trade for you in just 3 steps.

Step 1: Connect with your favorite crypto exchange

Step 2: Pick your strategies from their library

Step 3: Sit, Watch & let the Autopilot do the hard work

It’s the only bot on the market that allows you to build your own strategy using the existing ones from the library. You will be able to access your trading bot from your smartphone and change your budget allocation anytime. 

NapBots has proven its performance; its oldest strategy BTC LO has been live since 2017 and now is about to reach a new ATH. Also, the flagship strategy BTC/ETH/USD AR was launched in 2018 and has a 12-month performance of 200%.

More importantly, your money never leaves your wallet. It cannot be safer than this! You just need to connect the bot via API giving permission to trade on exchanges.

NapBots is relatively new when compared to other trading bots in this list, the only other con is the limited leverage it offers (1:5). 

Exchanges: Binance, Kraken, Bitfinex, Bitmex, Bitstamp, OKEx, Bitpanda, and Phemex.

Pricing: €19/mo (Silver), €49/mo (Gold), €99/mo (Platinum) – all plans come with a 7-day free trial.

Programming Language: Drag and drop user interface, doesn’t require coding knowledge.

GET STARTED WITH NAPBOTS →

Best Exchange Based Bot: Pionex

Pionex is one of the worlds first exchanges with in-built trading bots. It aggregates the liquidity from Binance and Huobi Global and is one of the biggest Binance brokers. In addition to the deep liquidity, Pionex provides 12 free trading bots, with which users can use to automate their trading 24/7.

The trading fee is the lowest compared to other major exchanges. The trading fee on Pionex is 0.05% for makers and takers.

Grid Trading Bot is one of the most popular trading bots on Pionex. It allows traders to buy low and sell high in a specific price range. Leveraged Grid Bot provides up to 5x leverage.

Spot-Futures Arbitrage bot helps retail investors to make passive income with low risk. The estimated return for this strategy is 15~50% APR.

Pionex issued one of the best leveraged tokens in the crypto market. Pionex has been granted FinCEN’s MSB (Money Services Business) license by the US regulators. 

Do note the you cannot connect to other major exchanges, you will have to connect to the Pionex exchange. This can be a con for someone who wants to trade on Coinbase, Kraken, FTX and other major exchanges. 

Exchanges: Pionex – aggregates liquidity from Binance and Houbi

Pricing: Free built-in exchange bots

Programming Language: Web based user interface, doesn’t require coding knowledge.

GET STARTED WITH PIONEX →

Best Profit Sharing Trading bot: Zignaly

Zignaly is a unique crypto investment platform as it features a profit-sharing model for hands-off trading. Here, you can choose from over 80 pro traders to manage your crypto investment. You pay a small portion of your profit as a ‘success fee’ to the selected traders. Nonetheless, if the trade goes south, you will lose the investment amount. 

Additionally, you have two more trading options. You can semi-automate your trades using crypto signal bots with your custom trading strategies or copy trading strategies from advanced traders on the platform. 

To top these diverse offerings, the platform doesn’t charge for its services, unlike its competitors. You only pay to traders who help you with your crypto investment. Plus, you need to pay crypto signal providers if you use paid signals. 

Nonetheless, Zignaly has limited features when compared to bots like 3Commas and Crypthopper. However, the platform supports some advanced features like trailing stops and TradingView signals that we see in popular bots like 3Commas. 

Zignaly also falls behind most trading bots when it comes to supported exchanges. It is currently integrated with Binance, KuCoin, Bitmex, VCC Exchange, and AscendEx. Whereas bots like 3Commas and Cryptohopper support more than 10 popular exchanges. 

Another major drawback is that unlike Crytpohopper, Zignaly does not provide a backtesting tool to test your trading custom trading strategies before deployment. Moreover, you cannot trade on the go with Zignaly as it does not provide mobile applications unlike 3Commas and Cryptohopper. 

To conclude, if you are a beginner or an intermediate trader who loves trading with minimized risks, Zignaly can be your go-to. However, if you are someone who trades on several exchanges, Zignaly might not be for you as currently it has limited exchange options.

Exchanges: Binance, Ascendex (Bitmax), Bitmex, Kucoin, and VCC Exchange.

Pricing: Completely free 

Programming Language: Easy to use interface, ideal for beginners. 

GET STARTED WITH ZIGNALY →

Best Portfolio Management Bot: Quadency

Founded in 2018, Quadency offers automated trading and portfolio management services to retail and institutional crypto traders. This digital asset management platform offers a variety of pre-configured and customized trading strategies.

The best part is that Quadency is integrated with TradingView and Messari. Thanks to this, you get up-to-date research, news, and portfolio management tools. Additionally, for institutional traders, Quadency has designed an Algorithmic Execution Framework, a professional trading terminal, and unified APIs that cater to high-frequency trades.

Their major highlights include clutter-free and easy-to-navigate UI, API integrations, a range of analytical tools, and excellent customer support. Moreover, Quadency offers several crypto order strategies such as market, limit, stop loss, readymade Grid Trading, MACD, RSI, Market Making, etc.

Exchanges: Poloniex, Kraken, HitBTC, Gemini, Coinbase Pro, BITTREX, Bitfinex, Binance.us, OKEx, Liquid, Kucoin, Binance, AAX.

Pricing: Free (Limited features), $49/mo (Pro), $99/mo (Unlimited)

Programming Language: Easy to use interface, no coding required 

GET STARTED WITH QUADENCY →

Best Custom Trading Bot: Trality

Trality is a trading platform where you can easily build and deploy custom bots using their drag and drop feature.

This automated trading bot is based on Python API that suits both beginners as well as advanced traders. Trality has a Code Editor feature for advanced traders and a rule builder for beginners that allows you to drag and drop indicators to build your unique trading strategy.

Another major plus point is Trality’s paper trading and backtesting features. Using these, you can see the performance of your trading strategies based on historical data. Then, once you know the viability of your strategies, you can opt for trading with real funds.

The pros of this platform includes – tools for both coders and beginners, end-to-end encryption, an interactive and user-friendly interface, and a fully cloud-based system. As for the only con, Trality doesn’t have a mobile application. We hope to see more bots provide this in the future, for now Cryptohero and Cryptohopper is the only crypto bots that does this well (3Commas is on its way, even though it lags a bit from time to time). 

Exchanges: Binance, Bitpanda, Coinbase Pro, Karken.

Pricing: Free (Pawn), €9.99/mo (Knight), €39.99/mo (Rook), €59.99/mo (Queen)

Programming Language: Python based, basic coding knowledge required to set up rules/strategies. 

GET STARTED WITH TRALITY →

Best Free Trading Bot: Gekko

Gekko is by far the most popular – probably because it is a free Bitcoin trading bot. It can be downloaded from the GitHub (relax, you do not need to be a tech guru to navigate this platform). But if you need some help, there are numerous YouTube videos to show you how to go about it.

You would need basic tech knowledge to get started with this trading bot. Gekko is an open-source software that is constantly being improved upon by talented developers all around the world.

The software comes equipped with essential trading features. These features include a web interface that is designed to monitor your trading strategies and data. Also, the bot can run on some backtested data and help you visualize the trade results.

The bot is designed to run on most major operating systems including macOS, Linux, and Windows. However, you should bear in mind that Gekko is not a high-frequency trading bot and as such, it does not execute arbitrage trades.

So this free crypto trading bot comes with some limitations. I personally think you can start with other options like Cryptohopper and 3Commas because they come with free packages and have a dedicated support.

Exchanges: Binance, Poloniex, Coinbase Pro(GDAX), BTCC, Bitstamp, Kraken, Bitfinex, BITTREX, Coinfalcon, EXMO, CEX.io, BTCmarkets, Luno, Mexbt, Bbitcoin.co.id

Pricing: Free

Programming Language: JavaScript

GET STARTED WITH GEKKO →

Best Rule-Based Bot: Coinrule

Coinrule is an easy-to-use automated crypto trading platform that allows anyone to automate their trades. 

As for order types, Coinrule offers standard trading strategies such as stop-loss, take-profit, and buy the dip/breakout. Also, with Coinrule your orders are executed with minimum latency. Normally, it takes Coinrule around 500 milliseconds to close trades. 

The key highlight of this automated trading platform is its Lego-like modular strategy configuration feature that allow you to create, tweak, and test strategies without any hassle.

To get started with Coinrule, you get 50 demo rules and unlimited template strategies.

Exchanges: Binance, HitBTC, Coinbase Pro, OKEx, Bitstamp, BITTREX, Poloniex, Kraken, Bitmex, Bitfinex, FTX, Gemini, Bybit, Deribit, Kucoin, Houbi, Wazirx, Indodax, Mercardo Bitcoin, Bitpanda, Liquid.

Pricing: Free (Starter), $29.99/mo (Hobbyist), $59.99/mo (Trader), $449.99/mo (Pro)

Programming Language: Easy to use Lego-like modular system, no coding required. 

GET STARTED WITH COINRULE →

Best Automated Portfolio Management Bot: Shrimpy

Shrimpy is a crypto trading bot that allows you to manage your portfolio and do social trading, thereby growing your portfolio in the long run. With Shrimpy, you can copy strategies from the best traders in the market as well as create custom indexes and implement distinct trading strategies for each exchange.

Talking about security, Shrimpy encrypts all API keys and stores them using validated hardware security modules. It also supports two-factor authentication (2FA).

The best part is that Shrimpy allows you to benefit from top strategies. You can copy leading traders, discuss different strategies and accordingly automate your portfolio. Moreover, Shrimpy manages your portfolio using rebalancing, dollar-cost averaging, and stop-loss strategy.

Shrimpy also provides backtesting tools that let you test your custom strategies/portfolios or indexes with historical data. Thanks to this, you can see how your strategy would have performed in the past. Using this insight, you can tweak or improve your strategies.

Exchanges: KuCoin, Bittrex, Bittrex Global, Coinbase Pro, Binance, Kraken, Poloniex, Huobi, Gemini, Bibox, BitMart, Huobi Global, HitBTC, OKEX, Bitstamp.

Pricing: Action based pricing system, actions require credits. $1 = 100 credits.

Programming Language: Copy other strategies with social trading, coding knowledge is not required.

GET STARTED WITH SHRIMPY →

Best Mobile Trading Bot: CryptoHero

CryptoHero is an AI-powered multi-platform crypto trading bot.

The CryptoHero team consists of fund managers with over 20 years of experience. So, you don’t need to worry about credibility.

This automated trading platform allows you to set both entry and exit positions. Additionally, CryptoHero gives you access to technical indicators to keep a tab on price trends, market volatility, and asset value. The technical indicators include Bollinger Bands (BB), Exponential Moving Average (EMA), Relative Strength Index (RSI), and Stochastic RSI (SRSI).

The pros of this crypto bot are – basic and premium subscriptions, a variety of bots, AI optimization, several trading strategies, and cross-platform availability (iOS, Android, and Web). The free version of the bot gives access to most features which is a great plus for a beginner. Talking about cons – you need to pay for mobile and web subscriptions differently. Also, the bot discovery page looks basic.

Exchanges: Binance, Bittrex, Huobi, Kraken, Bitfinex, Coinbase Pro, KuCoin.

Pricing: Free (Basic), $13.99/mo (Premium), $29.99/mo (Professional). You get an additional discount if you buy the annual subscription.

Programming Language: Easy to use interface, coding knowledge is not required. 

GET STARTED WITH CRYPTOHERO →

What to Consider When Choosing a Crypto Trading Bot

1. Reliability

The cryptocurrency trading bot should be a company that can be trusted. As such, our carefully selected list of best crypto bots contains companies that provide advanced tried and tested trading bots strategies. Most of the companies on the list have been in the industry for quite a long time and have a good user base. They have active trading communities which is always a positive for those wanting to meet like-minded people and learn more.

2. Profitability

In addition to reliability, you should also be keen on the profitability of the bot. Sure the crypto market is volatile (though it has increased its stability in the past few years) but rather than shy away from the investment opportunity altogether; you should get in business with a company that has some of the best strategies and crypto trading robots. Look for bots that provide paper trading and backtesting features (most in the list provide that).

3. Exchange Support

A feature-rich bot with limited exchange support is useless. Look for a trading bot that has integrations with both major and smaller exchanges. Look into the trading options provided by the exchange, some bots only give access to spot trading. If you want to access the futures market, ensure you check for that feature. 

4. Customer Support

Trading bots are not always free from bugs and glitches. You do not want the funds to get stuck in the middle of the trade and in case that happens – you will need robust customer support. The top automated trading bots do have support over chat and email. Cryptohopper and 3Commas support has a decent response time (this is when I tested them with queries).

Advantages of Automated Trading Bots

Improved Efficiency

Through automated crypto trading platforms – human error is eliminated or minimized, which results in improved accuracy. Trading bots offer constant interaction with the market, which means that you can go to sleep or go about your day and have it do all the work for you.

These bots can analyze as many cryptos as you will indicate in their algorithms and work with the multiple exchanges. In short, trading bots maximize the profit potential by employing a mechanism that is responsive to market shifts around the clock.

Increased Speed

While a human can take up to a few minutes in order to calculate and recover various formulas, a bot can calculate much faster, sometimes even nanoseconds with accurate results. This feature is of great use when the price of a currency is subject to frequent change. Automated systems have the ability to generate orders as soon as trade criteria are met.

Emotionless

Automated trading systems minimize or sometimes even completely eradicate emotions, as bots do not possess any emotions, unlike humans. By keeping the emotions in check, traders basically have an easier time sticking to the plan. Besides, trade orders are executed directly after the trade rules have been met, so traders can’t undo or question the trade based on emotions.

The bots can’t have any doubts or questions – they don’t experience frustration, so they are, essentially, better for trading. Automated trading also helps in ensuring that a certain amount of discipline is maintained in order to follow through with the trading plan perfectly.

Easy portfolio management

Multiple crypto exchange accounts can often be connected to one crypto trading bot platform. If you have different cryptocurrencies spread out on different exchanges, you can easily connect them to a cloud-based trading bot and start trading without logging into each account individually.

Disadvantages of Automated Trading Bots

Requires Human Monitoring

Ideally, you could say that these bots can work all day without any human interference. However, that is not true. In reality, there is a possibility of technical failures, such as connectivity issues, power losses, or computer crashes. These can be harmful because sometimes the internet connection is poor which could lead to an opportunity being lost.

Security Problems

Dealing with crypto bots can sometimes become dangerous due to security issues, like:

  • Bots could be hacked.
  • Bots can copy a person’s important account data and send it to a third party.

However, this isn’t something that should concern you since the exchanges are the ones owning the data essentially and protect it very dearly. So using a trading bot is as safe as trading manually on an exchange.

Conclusion

Cryptocurrency is the thing right now and will be for the foreseeable future. Bitcoin or crypto trading can be done by literally anyone who has got the interest. It might be confusing for newbies at first, but they soon get a grasp of things. Given the presence of many trading bots, it is imperative that you do your due diligence. Do your research and read reviews to ensure you are dealing with a reliable and trustworthy trading bot and company.

Frequently Asked Questions about Cryptocurrency Trading Bots

Are Free Bitcoin Trading Bots Real?

While most of us, you included, might be skeptical when you hear of free things that can generate profits, there are a handful of open-source bitcoin trading bots that indeed can be classified as free bitcoin trading bots. Gekko is one of the oldest and most popular free cryptocurrency trading bot.

However, they do require some technical skills to set up and use, thus, we would rather encourage you to try the free pioneer package by Cryptohopper, since it is beginner-friendly, yet suits the advanced trader, and is cloud-based, meaning you won’t have to have a machine (computer or VPS) constantly running to be able to day trade. There is no doubt as to why it has deserved the spot as the best crypto trading bot on our list. And since it offers a free package, why not sign up and try yourself?

How Do Crypto/Bitcoin Trading Bots Work?

Each bot features a set of parameters and indicators that when they all align will signal the bot to make a sell or a buy on the exchange you prefer. You can set up multiple strategies based on your preference and expertise.

They are growing in popularity as Bitcoin’s popularity soars through the roof. With so many individuals depending on the crypto trading bots, more and more developers are coming up with fraudulent software to cheat naïve Bitcoin investors of their hard-earned money.

Are Crypto Trading Bots Profitable?

What many readers ask us about are the average returns of cryptocurrency bots typically is. However, there is no such metric available, unfortunately. If you think cryptocurrency is here to last, but don’t want to put the manhours into trading (that typically is required, especially on a 24/7 market such as the market of cryptocurrencies), a crypto trading bot might be the best choice for you.

Using a social trading platform (which is the most popular trading bot service available), can result in good returns – and it can also result in losses. The traders available to copy have a track record that proves their skill of cryptocurrency trading, but they can also be wrong sometimes. Make sure to not invest more than what you can afford to lose, as always.

Are Crypto Trading Bots Available Worldwide?

Yes. It is 100% legal to use a bitcoin trading bot. All automated trading bots (non-crypto) are legal on any exchange, and there’s no difference with crypto bot trading.

What are Some Strategies That a Trading bot Platform can Offer?

Advanced crypto traders use a wide range of trading strategies. Whilst your own trading strategies are probably less advanced. With many crypto trading bots, you expose your portfolio to more advanced strategies such as:

1. Dollar-cost averaging
2. Exchange arbitrage
3. Backtesting
4. Timing buy and sell
5. Social trading
6. Paper trading
7. Futures trading

With these automated trading strategies you can level up from your own strategies and hopefully beat your own manual trading track record.

Why not go with an Open-Source Crypto Trading bot?

Open-source means free, right? No, not really. Open-source is just a way to share code between people and let everyone adjust it and use it on their own projects. It’s a cool community but for the average Joe, an open-source crypto trading bot just isn’t the right fit.

Free crypto trading bots are available, but for most people, we recommend you pay a small fee to get proper service and ease of use with your trading.

What does Reddit have to say about the Best Crypto Trading Bots?

Reddit has a positive outlook towards crypto bots, some Redditors suggest developing their own strategy, and others have seen success with third-party trading bots. At the time of writing this, Cryptohopper got its own subreddit with over 2500+ members.

NapBots have over 1,400+ members on their subreddit. Reddit seems to love bitcoin trading bots, they are people just like you and me, after all. There are a good number of trading tools available on the crypto market, and you can rest assured that there’s a subreddit for each tool available.

How do you file taxes for crypto bot trading?

To file taxes on your crypto movements, all you need is an automated tax reporting platform. Token tax is a popular name when it comes to automated tax filing.

Once you have a tax reporting software, select all the crypto exchanges that your crypto bots trade on and import historical data from those exchanges by connecting your account via API key or sending transaction history CSV file.

Next, import other transactions that aren’t recorded by the exchange, such as mining, staking, interest accounts, etc. Finally, please review your order, and that’s it, you are ready to create your tax report now.
You can now file your taxes based on your crypto tax report. Also, note that the taxation law might differ depending on your country of residence.

How can you Create a Crypto Trading bot Yourself?

You can create a crypto trading bot by following these steps:

1. Select a programming language you are familiar with (Python, Javascript, Perl, C, etc.)
2. Get the APIs of crypto exchanges you want your bot to trade on.
3. Create your account on all cryptocurrency exchanges you want to use.
4. Choose a bot trading model (Trend following, arbitrage, market making, etc.).
5. Outline the mathematical architecture of your bot, i.e., define the type of data you want your trading bot to interpret.
6. Start coding your trading bot.
7. Test your trading bot for bugs and performance.
8. Once all the bugs are fixed and the bot is optimized for high performance, you can deploy your crypto trading bot.

The process to create a trading bot requires technical know-how, if you aren’t technically sound, signing up for a bitcoin trading bot makes more sense.

How to Select a Crypto Trading Bot Software?

The crypto trading bot you select should tick the following boxes:

1. The bot should be easy to use.
2. It should fit your budget.
3. The team behind the crypto trading bot should be experienced and credible.
4. The bot should use the trading strategy you want to implement.
5. The after-purchase support for the trading bot should be robust.
6. The trading bot you choose should have an active developer and user community on platforms like Telegram, Discord, or Reddit.
7. Cryptocurrency is a dynamic market. As a result, the crypto bot should be able to adapt to the changing market conditions and execute its unique strategy.
8. Should support multiple exchanges

Which are the Best Free Crypto Trading Bots?

Here are some platforms that provide a free package with limited features:

1. Cryptohopper
2. 3Commas
3. Gekko
4. Pionex

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