16 Best Free Crypto Trading Bots 2023 [Automate Crazy Profits]

Do you want to automate your trade with crypto trading bots, but you don’t know which bots to use? This article provides you with the best crypto trading bots you can use to trade for free.

As digital currencies like Bitcoin gain widespread acceptance, trading in such assets has become more fashionable. If you’ve got some trading expertise under your belt, you may be curious about this. However, if you don’t have much expertise, you can find yourself in over your head fast.

In this regard, automated crypto trading bots can be of great assistance. Using a crypto trading bot can help you minimize your losses by automating tasks like rebalancing your portfolio, collecting market data, and forecasting future gains and losses. In light of this, let’s discuss the top crypto trading bots of 2022.

---

1. Pionex — Best for Easy Crypto Trading Experience

In 2022, Pionex remains one of the best free cryptocurrency trading bots available. This is because it doesn’t need any API keys. If you are in search of a cryptocurrency trading platform with an integrated bot, go no further than Pionex. For all your cryptocurrency exchanges, this is the greatest free crypto trading bot I have found.

Using this bot service can help you achieve unprecedented success in your field. Their user-friendliness and ability to assist you in trading cryptocurrencies with their free trading bots are two of the many reasons I recommend them.

---

2. Bitsgap — Best for Optimizing Crypto Trading Returns

Bitsgap streamlines the crypto trading process, which is helpful if you’re always on the go and can’t afford to check in on your trades every few minutes. It’s great that this crypto trading bot can assist customers who have varying levels of knowledge and expertise in the industry.

Check out this trading bot if you’re interested in maximizing your trading profits via automation. They are a cloud-based alternative, so there is no need to worry about downloading any software, and their straightforward algorithm streamlines the whole procedure.

---

3. Coinrule — Best for Newbies

Those with little to no expertise in the cryptocurrency trading business who are hoping to learn by utilizing a service like Coinrule will find it to be an amazing crypto trading bot. Coinrule claims it can assist new traders by providing a trading method; in the process, you’ll also get some familiarity with the market.

Furthermore, they offer a user-friendly dashboard and will walk you through the whole process, making it, so you won’t feel like you’ve been dumped into the deep end. Moreover, there is no cost to initiate action.

---

4. Quadency — Best for Easy Crypto Portfolio Management

As far as cryptocurrency exchanges and storage solutions go, Quadency is one of the more sophisticated options. They boast a thorough backtesting tool that allows you to trade based on hard evidence rather than blind luck.

I love how it establishes a standard based on past results, so you know what to expect. Explore their offerings to learn more about one of the most promising areas in bitcoin trading.

---

5. TradeSanta — Best for Maintaining Exchanges

It has never been simpler to keep monitor of your Bitfinex, Bitcoin, or Bittrex exchanges than it is with TradeSanta. If you like, they’ll even assist you in making a bulk transaction of all of them at once. Their Grid Bot is quite well-liked by their current clientele. However, there are a ton of other cool things you’re missing out on if you don’t check them out right now.

---

6. Trality — Best for Long-term Crypto Trading Sustenance

Although Trality is still in its infancy as a cryptocurrency trading bot, they make up for its lack of experience with its high level of knowledge and professionalism. They seem to have zeroed down on the bot-making process and perfected it.

While they don’t supply customers with pre-built bots, they do provide the tools necessary to create a bot that can handle crypto transactions reliably over time. They provide a code editor that simplifies the creation of even the most intricate trading strategies.

---

7. Cryptohopper — Easy-to-use Crypto Trading Bot

The world-famous and swanky cryptocurrency trading bot Cryptohopper provides prospective customers with a risk-free demo of their services before committing to them. The fact that they are a market-driven robot is fantastic.

This indicates that they are making decisions based on the potential for profit presented by the order book. They understand that success in the cryptocurrency market requires more than a few lucky bets, and they want to be there for their customers for the long haul.

---

8. CryptoTrader — Best for Trading Crypto with no Hassle

CryptoTrader is a platform that facilitates hassle-free Bitcoin trading. You can quickly and simply purchase and sell different trading techniques on this website. What’s even better? You can utilize them without spending any money.

There’s no software to install to use their services, and they provide you access to a variety of tools to practice in a real-world setting before releasing your product to the public. Additionally, they provide excellent customer service, which can be reached by email or text message.

---

9. Hodlbot — Best for Creating Custom Portfolios

When it comes to Bitcoin trading bots, I think Hodlbot is among the finest. It’s also easy to create a portfolio specific to your needs, and unlike other cryptocurrency bots, it supports more than 350 different currencies.

With this program’s intuitive interface, you can simply monitor your bot’s performance and make any necessary adjustments to its settings or your portfolio’s composition. Market indexing can also be implemented with little effort.

---

10. Gekko — Best Open-source Crypto Trading Bot

It’s simple to get your hands on Gekko, an open-source cryptocurrency trading bot. The greatest thing is that it is accessible on all major operating systems, including Mac, Windows, and Linux. If you’d prefer not to download anything, you can also use it on the cloud.

It has a user-friendly online interface for keeping tabs on your trading methods and statistics. You can check out their forecasts for your trading performance using the backtest capabilities they provide for their customers. And they use email and social media to keep you abreast of developments.

---

11. Stoic — Best Free Crypto Trading Bot with Provision of AI for Smart Crypto Trading

When it comes to providing its customers with AI-driven expertise in cryptocurrency trading, Stoic is, without a doubt, one of the finest in the market. They’re great since they’re an app, which means you can quickly and simply install them on your mobile device and begin utilizing them wherever you go. You can use their methods to automate your trading on the exchange, allowing you to make more than the ordinary bitcoin trader.

They claim to be able to help you outperform the bitcoin market as a whole, thanks to daily portfolio rebalancing. They explain how they function, allowing you to spread your bitcoin investing risk and capitalize on low-risk market opportunities.

---

12. Autoview — Best for Automating Crypto Trading

If you’re just getting started with online trading and don’t have a ton of money to spare, Autoview is a great crypto trading bot to look into. It’s an inexpensive alternative to more elaborate and costly alternatives, and it’s available as a simple Google Chrome add-on to boot.

Just remember that it’s a simple bot, so any customizations will need to be added by hand. Meaning that if you aren’t already a competent coder, you could get a little confused, but in the long run, it’s worth your effort.

---

13. Zenbot — Open-source Crypto Trading

To trade bitcoins, Zenbot remains the most reliable open-source service. What’s more, you can quickly alter their features to meet your requirements, and it’s compatible with any of the industry’s leading platforms. They provide a simple bot that won’t hog all your time but will get the job done.

When it comes to trading solutions, this crypto bot is among the few that can handle all of your high-frequency transactions and handle many assets at once, which is why I appreciate it so much. And here’s a shocker: this service is provided at no cost.

---

14. 3Commas — Best for Maximizing Profits

I believe that 3Commas is one of the greatest trading bots because of its ability to help traders improve profits while decreasing drawdowns and other negative outcomes. With this program, you can gain profit with little to no work, and you can develop a trading strategy based on 20 different indicators.

---

15. CryptoHero — Best for Beginners and Advanced Traders

CryptoHero is a reliable cryptocurrency trading bot with extensive tools for all levels of traders. Numerous trading bots are available, allowing users to profit in either rising or falling markets or even stable trading ranges. In its Bots Marketplace, seasoned traders sell and share their tried-and-true automated trading systems.

This kind of bot can be deployed with only a few clicks, making it ideal for new users. Traders can use CryptoHero whenever and wherever they choose because of its online and mobile accessibility. In addition, CryptoHero does not provide trade data to any exchanges without first obtaining customer consent. It does not take part in any affiliate or broker exchange schemes.

---

16. Napbots — Provides Algorithm for Effective Crypto Trading

Automate your cryptocurrency trading while you sleep, thanks to Napbots. Napbots’s democratic approach to cryptocurrency trading is a boon to free commerce. You can trust absolutely whatever you get here; it’s all completely safe and secure. What else? Napbots provides its customers with instant access to some of the world’s highest-performing algorithms without the need for any installation, configuration, or fine-tuning.

With Napbots, you can decide on your preferred trading approach, your objectives, and your strategy, and the corresponding piece of code will act as your very own personal currency trader. You can take advantage of a variety of strategies and methods while trading by constantly keeping in mind that you have the option to diversify.

---

Tips for Choosing the Best Crypto Trading Bot

You may be asking what features to look for in a good crypto trading bot. Let’s examine the things that must be taken into account:

1. Consider Social Trading

The ability to create your trading techniques is essential, but it’s also helpful to be able to observe other people’s methods and pick up tips. If you want to take control of your money, you need a simple and inexpensive trading instrument that you can create with the aid of a bot.

2. Consider Free Trial

The market is flooded with cryptocurrency bots that offer risk-free trades to prospective customers. You should test out a crypto bot first before committing to it since doing so will reveal whether or not it can help you reach your objectives.

3. Consider Support System

When using a subscription-based online service, the company behind it must provide enough customer assistance in case you run into any kind of trouble or have any kind of queries regarding the service.

4. Do they have a Trading Community?

To get the most out of one’s trading bot, this strategy is recommended. You should look at how the company’s trading communities stack up to those on other websites, such as Reddit.

5. Consider Cloud or Server Based

Several trading bots these days are hosted online, eliminating the need to download any software on your end. This is preferable since it eliminates the need to leave your computer on all the time when using the program.

6. Consider Indices

A large number of trading bots promise to automate your portfolio, but before you commit to one, you should check to see whether they have developed any indexes. Knowledge of the market cap weighting relative to the current index is essential for any trading bot.

7. Does it have Backtesting?

For optimal results in your crypto trading, choose a crypto bot that has been backtested. Trading techniques can be promptly evaluated against historical data to determine market viability.

---

FAQ

Q. Is the use of crypto trading bots illegal?

No need to panic; investing in cryptocurrency with the help of a crypto trading bot is not against the law. There is no real danger in employing a crypto trading bot unless you happen to get a low-quality one that will expose your private information to hackers.

Q. Are my details at risk for using crypto trading?

You should not worry about your identity being stolen if the bitcoin trading bot you use is not linked to your account.

Q. Is it important to use a crypto trading bot?

Time savings is a major benefit of using a bitcoin trading bot. Automated cryptocurrency trading software allows you to capitalize on market upswings while you sleep.

---

Conclusion

Even if you could trade cryptocurrencies without a free crypto trading bot, you’d be missing out on a lot of opportunities. Automatic cryptocurrency trading bots can earn you money while you snooze, socialize, or attend to other matters. But I won’t try to deny their prevalence, and there is no doubt that there is a plethora of questionable programs and questionable companies out there hoping to part you from your cash.

Any carelessness on your part might cost you a lot of money and perhaps even your whole career in the bitcoin industry. If you desire to make crypto trading your living, you should know that the stakes are always high. The primary motivation for creating this list was to help those who aren’t sure where to start to find high-quality services to trade crypto.