Top 15 Binance Trading Bots

TOP 3 recommended bots based on our reviews

#1st Rated

Bitsgap

Bitsgap is a one-stop trading platform where you can merge all your cryptocurrency exchange accounts and trade through a single interface.

Average bot profit per month 📈🚀25,6% USDT/BTC

#2nd Rated

#2nd Rated

3Commas

3commas is an automated crypto-trading platform where bots trade for you.
It is currently the easiest and most profitable platform for beginners 

Average bot profit per month 📈🚀22,3% USDT/BTC

Revenue bot

#3rd Rated

RevenueBot

RevenueBOT is a trading robot based on the volatility of cryptocurrencies. This software is designed to automatically trade cryptocurrencies using an API interface

Average bot profit per month - 20% USDT/BTC

A trading bot for Binance is a special automated software that connects via API to the exchange, monitors market conditions, and automatically creates orders to buy or sell cryptocurrencies on behalf of the user. Such systems have been used in traditional financial markets for decades, and have become even more popular in the world of cryptocurrencies, because due to the high volatility of digital coins, it is almost impossible for a human to react to crypto market changes as fast as possible.

What Is a Trading Bot and How Does It Work? 

Trading bots for Binance connect to the user's account on the cryptocurrency exchange and make transactions on his behalf. Various indicators and signals are used in the process. The main goal and idea of automation is to help the user earn by spending a minimum amount of personal time. In addition, there is an opinion that computers trade better than humans because almost all trading consists of mathematics and probabilities. A program provides a level of speed and accuracy that is impossible for humans.

The strategies implemented by Binance trading bots can be simple or complex, up to and including advanced real-time arbitrage on multiple crypto exchanges.. This depends on what algorithms the developers have laid down.

In order to work, the user must provide public and private API-keys, which are generated in the personal account of the Binance crypto exchange. Thus you inform the exchange that the bot has your permission to access the Binance account and make transactions.

APIs are used to give external applications or access data or functions within an exchange. Trading bots use APIs to request market data, information about the amount of funds in the user's account, and execute trades. At any time the user can revoke access by deleting the keys on the exchange.

Ideally, Binance trading bots should generate risk-adjusted profits, providing returns greater than if the funds were simply lying in wait for prices to rise. The cryptocurrency market never closes, unlike classic stock exchanges, which is very stressful for retail investors. Cryptocurrency trading bots are gaining popularity in the cryptocurrency community because of the increased crypto market volatility. There are dozens of different robots available in the industry today in different formats (paid with a license, paid with a percentage of profit, free with open source, etc.).

How to Choose the Trading Bot for Binance - Tips and Basic Criteria

While Binance trading bots can be different, there are certain points that are important for all bots available in the market today. We used the following criteria in our own research as well:

Reputation

What does the wider crypto community think of this bot? Good crypto bots have good reviews, and there is no other way of looking at it. Search far and wide - user reviews, dedicated review articles, forums, etc. to verify the service has a reputable track record.

Reliability

Can the bot work 24/7 without glitches? If the answer is no, you could be missing out on profitable opportunities or, even worse, actively losing money. A reliable bot capable of having well-executed strategies without going offline or experiencing lags. A long trail of contented clients should help you figure that information out.

Security

Trading apps can get targeted by hackers, which is, unfortunately, common for the entire industry. You need to be sure that developers have done everything in their power to ensure security. Look at authentication methods, two-factor authentication, API key encryption mechanism, and privacy policies related to trading data.

Ease of use

The main purpose of using a bot is to make trading easier. Ideally, it should cater to traders of different levels of expertise. For beginners, there should be premade setups. For the more advanced users, there should be more customization options that are still easy to navigate.

Prices

Some bots are available for free - no complaints. However, if you want superior features and a higher level of service, you’ll probably have to go for a paid one. At the same time, you don’t want it to be overpriced. After all, you want to make a profit and not break a bank for a piece of code.

Support and tutorials

Some traders have no idea of how to use a trading bot. It doesn’t mean that they should give up. Instead, they should be able to find articles, training modules, videos, and other types of educational content to get started.

Customer support

If the bot doesn’t run smoothly, customer support should be easy-to-reach and fast. Also, find out how long it takes for the service to fix bugs and roll out updates.

The Best Crypto Trading Bots for Binance

If you're looking for the best Crypto trading bots for Binance, you've come to the right place. In this section, we'll introduce you to the top bots available on the market, and tell you everything you need to know about them. We'll also provide a handy guide on how to choose the right bot for your needs. So, if you're ready to get started, read on!

3Commas

Bot types

Simple, Composite, Short, Composite short

Exchange support

21 exchanges (Binance, Bitfinex, Bittrex, CEX.IO, Huobi, Poloniex)

Ideal for

Beginners, advanced traders

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Website contact page: https://3commas.io/about/contacts

Email: [email protected], [email protected]

Twitter: @3commas_io

Education

Trading school, paper trading, and an active learning community

Features:

  • Different types of bots for different traders: For example, there is a simple bot that runs one trading pair and a composite bot for multiple pairs trading.
  • Advance order types: Users can set up advanced order types even in exchanges that currently don’t support them. All that’s required is to link the exchange to the 3Commas profile.
  • Trader’s diary: It automatically saves all executed trades and collects statistics. Then, you can scroll through the pages of trades or export them and use filters for a specific exchange, pair, or date.
  • Signals marketplace: You can search for trading signals from Cartelsignals and Crypto Quality Signals Premium, and other providers.

3Commas is one of the most feature-rich trading bots for Binance and 20+ other platforms. Provides the ability to trade manually with Smart Trade, optimized selling and buying coins in one window. Supports Trading View charts and signals.

Fully automated trading using Trading Bot is also possible. This bot can be simple or compound (for one or more trading pairs). It uses Long and Short algorithms, and has the ability to analyze and copy trading settings of other users.

3Commas does not take commission on income. There are three tariffs with the fixed monthly fee, from $14.5 to $49.5 per month (if you pay at once for a year, otherwise double the price). The most expensive plan has a three-day trial.

Pros

Cons

  • Affordable considering advanced features
  • Offers an affiliate program
  • Comprehensive education and learning tools
  • Some features are too complex for new traders

RevenueBot

Bot types

Leveraged Grid, Margin Grid, Infinity Grid, Trailing Take Profit, 

Exchange support

14 exchanges (Binance, Coinbase, ByBit, CEX.IO, EXMO, Kraken, etc)

Ideal for

Beginners

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Website contact page: https://revenuebot.io/ru/

Twitter: @RevenueBot

Education

Video tutorials

Features:

  • Smart order grid
  • Volatility indicators
  • Backtests

Revenuebot is a software created for automated trading on crypto platforms. According to the developers, the service is convenient because it does not require much time to monitor the work. RevenueBot supports different strategies and allows simultaneous trading in several trading pairs on different exchanges. It provides detailed statistics on the bot's work cycles, orders, earnings, and referrals.

There is no monthly fee or hidden fees. The service takes 20% of actual profit as payment (charged directly to the balance of the account on the bot site). Until the profit, the use of the robot is completely free. After the first profit, the account balance goes into deficit, and the user is given three days to evaluate the results and test the bot. If everything is to your liking, you can top up your account and continue using the service.

The main features of RevenueBot are the smart grid of orders, identification of only suitable moments for trading, backtests, automatic switching of trading pairs.

Pros

Cons

  • No subscription fees
  • Security - all funds are stored on the connected exchanges, not Revenuebot
  • Simultaneous trading on multiple trading pairs
  • Sometimes malfunctions happen

Pionex

Pionex is a cryptocurrency exchange - the first one that brought GRID trading bot to their platform. There is no need to connect to other services or exchanges - you can track your trading strategy statistics, create all types of bots, even from the mobile application.

Pionex interface

Bot types

12 bots of the following types: Grid, DCA, Arbitrage

Exchange support

Built-in exchange

Ideal for

Traders of different levels but not complete beginners

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Support center on the website

Customer service email: [email protected]

Telegram group: @pionexen

 Live chat

Education

No general educational section

Features:

  • A number of unique or rare functions: The software boasts Trigger Price, Stop Loss Price, Close Bot At, AI backtesting feature, Grid Spacing - Arithmetic/Geometric, Release Profit, Orders Displayed on the Chart.
  • Lists of ranked free bots: Users can cast their votes for the best automated trading app on Facebook, which shows a community-driven approach of the service.
  • Liquidity aggregated engine: Pionex is the first exchange that aggregates the liquidity from Binance and Huobi Global (50~60% of the orders) to reduce slippage.

Since Pionex is not only an automated trading service but also an exchange, the in-browser interface is more complex than some other platforms featured in this article. It’s nothing to be intimidated about - just know that there are more features to discover.

Pionex was the first service with in-built trading bots to get the U.S. MSB (Money Services Business) license by the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN). All clients can have a peace of mind knowing there’s an oversight. Since the exchange was established, it has been operating safely, with no hacks or exploits. Even giants like Binance can’t say the same.

Pionex has no monthly subscription fee. You just need to pay regular trading fees that are some of the lowest when compared to other exchanges, only 0.05%

Pionex prices

The Pionex app is highly rated by users, with the iOS version rated 4.8 stars out of 5, while the Android version is rated 4.7 out of 5 stars.

Pros

Cons

  • No monthly fee for the bot
  • Well-regulated and reputable
  • Innovative liquidity engine
  • Few out-of-sample strategies
  • No support for custom trading strategies

Cryptohopper

Cryptohopper is a data-driven, technologically advanced trading bot. It specializes in different types of crypto trading bots, including market-making bots that recognize market trends and configure different crypto trading strategies per market trend. In other words, you don’t need to go through the hassle of adjusting strategies.

Cryptohopper interface

Bot types

3 categories: Trading Bot, Market Maker, Arbitrage

Exchange support

13 exchanges, including 4 official partners - HitBTC, OKEx, Bitpanda Pro, Bitvavo

Ideal for

Advanced traders

Demo/backtesting

Yes

Manual trading

No

Customer support

Email: [email protected]

Phone number: +31858769694

Internal chat

 Discord, Youtube, Reddit

Education

Cryptohopper Academy, tutorials, Facebook learning community

Features:

  • Strategy designer: Create your own technical analysis with indicators and candle patterns, such as RSI, EMA, Bollinger Bands, MACD, Parabolic Sar, etc.
  • Mirror trading: This enables you to fully copy an expert by subscribing to signalers who send out trading signals.
  • Comprehensive marketplace for multiple products: You can subscribe to trading signals, discuss trading strategies on the internal chat, and, of course, buy strategies and app templates from the marketplace.

Cryptohopper specializes in offering more advanced charting tools and trading options. So, inexperienced traders may not find their way around the platform and the bot as easily.

Cryptohopper doesn’t give exchanges permission to withdraw funds. This means even in case of a hack, users’ crypto assets can’t be moved. The website is protected by Cloudflare, and any saved passwords and API keys are encrypted in the database.

Cryptohopper prices

When you combine Cryptohopper bot’s overall popularity and reputation, it’s easy to see it as a trustworthy service. Unfortunately, it was recently flooded with bad reviews on TrustPilot. But based on their repetitiveness, it seems to be an orchestrated move by third parties.

Pros

Cons

  • Tried and tested - over 60 million trades opened
  • Good signal marketplace
  • Lots of features and customization options
  • Users have to pay extra for signals

Bitsgap

Among other useful functionalities, Bitsgap offers a crypto trading bot with ready-made strategies based on successful backtest results. It works just as you would expect - when the price moves, the algorithm automatically sets Buy and Sell orders.
Bitsgap interface

Binance Trading Bot Types

Multiple GRID bots

Exchange support

28 exchanges (FTX, Bitfinex, Huobi, Coinbase Pro, Bittrex, HitBTC)

Ideal for

Medium-level to advanced

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Help Center

Live chat

 Telegram chat: @bitsgap

Education

Educational hub

Features:

  • Smart strategy design: Users can create their bot trading strategy with just a few clicks with the help of tutorials in the educational hub.
  • Ready-to-go strategies: For those who don’t want to make their own, there are pre-configured strategies based on successful backtest results.
  • Different types of orders: Traders can choose any of the following orders (or several at the same time): Stop-Loss, Take-Profit, Shadow, and Market Orders.
  • Performance assessment: Assess your bot’s performance with the TradngView charts. Evaluations can be conducted at any time and automatically sent to you for review.

Self-admittedly, Bitsgap tries to simplify their trading tools to make them easy to use for anyone. Judging from the interface, we can’t say that it’s suitable for complete beginners. The dashboard is a bit more technical - but nothing too overwhelming.

The majority of banks worldwide use 1024-bit encryption, while Bitsgap uses RSA 2048 encryption. There are also measures like protection from failed login attempts, 2FA authorization, internal security audit, and resisted access for employees.
Bitsgap prices

The number of users on Bitsgap is still modest as compared to platforms that provide similar services. Still, the majority of reviews we found online are positive, praising it for consistent profits and excellent customer support.

Pros

Cons

  • Extensive portfolio history and management controls
  • Free package for small budget accounts
  • Relevant skill-level market and trading insights
  • Limited functionalities
  • No mobile app

Shrimpy

Shrimpy simplifies portfolio management through its social trading trading bot. Users can simply browse the leaderboard and choose the portfolio they find the most desirable and diversified. Anyone can become a social trader and receive payments for every followed trade.
Shrimpy interface

Crypro Trading Bot types

Algorithmic, Portfolio

Exchange support

14 exchanges (Binance, Kraken, Bittrex,

 Poloniex, Gemini, BiBox)

Ideal for

Beginners

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Email: [email protected]

Phone number: 628-400-1753

Help Center for Portfolio Management and Developers

Chat support window

Education

Guides, blog posts, communities on YouTube, Twitter, and Reddit

Features:

  • Portfolio rebalancing: This feature takes advantage of the cyclical nature of the market by putting selling high and buying low on auto-pilot.
  • Social aspect of trading: Users can view the most popular allocations on the platform, follow industry leaders, and develop their own bot strategy by working with the community.
  • Automation of multiple portfolios: Each portfolio is treated completely separately. One can be automated at the same time as the other or not at all. Besides, three different portfolios follow three different leaders.

By laying out the features in such an accessible way, Shrimpy makes it easy for complete beginners to pick up this trading bot. There are only a few tabs and a clean, minimal interface. Some traders may find that the dashboard lacks details, but it depends on how involved you want to be.

Now, let’s talk security. Every API key is encrypted and stored using FIPS 140-2 validated hardware security modules. All website data is transmitted over encrypted Transport Layer Security. In order to further improve the security, Shrimpy also offers the ability to input assets through Cold Storage.
Shrimpy prices

Shrimpy’s crypto bot is a perfect introduction for new-day traders. Experienced day traders would find it quite different from conventional tools but may still enjoy it. The reputation is solid, with criticism only mentioning the limited technical aspect.

Pros

Cons

  • Best suited for investors
  • Intuitive interface
  • Automated portfolio rebalancing
  • No scripting support

HaasOnline

HaasOnline is advertised as the world’s most advanced Binance trading bot. It allows users to develop, backtest, and deploy high-frequency crypto trade bots and connect them to dozens of exchanges. The three main products are HaasScript, HaasOnline CLoud, and HaasOnline Trade Server.

HaasOnline interface

Trading Bot types

Trade bots, Arbitrage bots, and Order bots

Exchange support

18 exchanges (Bitmex, Deribit, Ionomy, Coinbase, Bitpanda)

Ideal for

Advanced traders

Demo/backtesting

Yes

Manual trading

No

Customer support

‘Contact Us’ window on the website

Education

Documentation, tutorials & guides, Discord community

Features:

  • Pre-built bots: Inside this functionality, users have access to accumulation bots, Intelli Alice machine learning tech, trendline charts, a unique Mad Hatter bot, email alerts, and a lot more.
  • HaasScript: You can either use the drag-and-drop visual designer to generate scripts without coding or the intelligent text-based editor to craft the scripts line-by-line.
  • Cloud management: The team at HaasOnline manages its secure, high-speed, global infrastructure without requiring your involvement.

If you were looking for something more complex than Shrimpy’s sleek interface, HaasOnline might be just right. The built-in crypto bot has a slight learning curve. But the layout is easy to navigate since each feature is separated by a special tab.

HaasOnline doesn’t support deposits or withdrawals from the HTS platform to eliminate the possibility of a malicious person using a compromised trade server. They also highly recommend that users enable 2FA as an additional security measure.
HaasOnline prices

The project is one of the more transparent on the market and has provided a clear outline of how it operates. This instills confidence in prospective users.

Pros

Cons

  • Capable of complex trading strategies
  • One of the best-performing app
  • Great company reputation
  • High technical barrier
  • Premium pricing

Zenbot

Zenbot is a command-line cryptocurrency trading bot using Node.js and MongoDB. It connects to your chosen exchange while you dictate its actions through online natural language and chatbox hosts. One important distinction is that it’s an open-source system.

Zenbot interface

Bot types

Trade bots, Arbitrage bots, and Order bots

Exchange support

11 exchanges (Bitstamp, Bittrex, CEX.IO, GDAX, Gemini, Poloniex, The Rock Trading)

Ideal for

Traders with some coding knowledge

Demo/backtesting

Yes

Manual trading

No

Customer support

No traditional customer support

Education

Community of real users and contributors to the project

Features:

  • Customizable parameters: The bot has a flexible sampling period and trade frequency - averages 1-2 trades/day with the 1h period, 15-50/day with the 5m period.
  • Plugin architecture: Enables implementing new strategies, integrating exchanges, and communicating with third-party services.
  • Extensive documentation on GitHub: The docs folder features 18 branches of documentation and 58 tags.

Zenbot is an advanced platform, which is probably the right option for investors with experience and has been on the playing field for a long time. Complete beginners may find the command-line interface too difficult.

The topic of security also takes teamwork. Anyone can suggest a security policy or report a vulnerability.

There is no one in charge, yet it’s still well-maintained, at least to an adequate degree. For this, it’s considered a reputable tool among developers. But there is limited feedback since it cuts out a huge portion of traders that weren’t willing to dive into the code to write their own strategies.

Pros

Cons

  • Completely free
  • Powerful pattern matching mechanism
  • Easy for users to modify the code
  • Requires prior experience
  • Not updated often

Zignaly

Zignaly is a copy trading bot, which means you can copy expert traders under the profit-sharing model. Aside from copy trading, the bot can work based on your own (or recommended) settings and rules and is fed signals from 46 providers.

Zignaly interface

Bot types

Social trading bot

Exchange support

Binance, KuCoin

Ideal for

Beginners, average traders

Demo/backtesting

Yes

Manual trading

Yes

Customer support

Email: [email protected]

 Live chat

Education

Education ecosystem, documentation, Discord group

Features:

  • 100% delegated and performance-based bot: You can Connect Zignaly with your preferred signals providers and accept multi-targets.
  • Copy trading: This feature ensures a high watermark as a fair win-win model and 100% same results as the trader (one single position).
  • Profit sharing: Users can grow their portfolio by investing in the same trades as their chosen trader and only pay fees for successful positions.

The elements of the navigation trading terminal won’t take much time for newbies to get familiar with. It offers a good toolset, although with some limitations. The main thing is that it offers everything you need to get started.

The funds in the Zignaly Exchange go directly to Binance, and it is under Binance security. And this is where you don’t need to worry at all. Binance meets the internationally recognized ISO/IEC 27001 standard, and they also keep an insurance fund for emergencies, known as SAFU.

Zignaly doesn’t have monthly subscriptions to use the crypto trading bots. The free account will get you unlimited crypto exchange accounts, coin pairs, positions, and priority support.

Pros

Cons

  • Free to use
  • Lots of signal providers
  • Easy to use for people new to trading bots
  • Limited number of exchanges available
  • Not as polished as some of its competitors

Trality

Trality is a platform offering creator tools to build your own bot. It targets those who want to make the most of their quantitative skills and code sophisticated trading algorithms. But there are also more relaxed tools if you’re eager to try out something new and simply test out a trading idea.

Trality interface

Bot types

Algorithmic bot, no-code bots

Exchange support

Binance, Kraken, Coinbase, Bitpanda

Ideal for

Advanced traders, “Python gurus”

Demo/backtesting

Yes

Manual trading

No

Customer support

Twitter: @trality_bots

Education

Documentation, blog

Features:

  • Code Editor: Set up a trading bot with several built-in functions and data science libraries like NumPy and Pandas.
  • Blazing-fast backtesting: Backtest directly in the browser on individual timeframes or automated scenario tests.
  • Cloud-based live-trading: Direct and reliable access to tickers, order books, and more 24/7.
  • Marketplace of bots: Users can either publish a crypto bot to the Trality Bot Marketplace or follow bots by Creators.

To secure our website and optimize loading times, Trality uses the Cloudflare CDN. And the host providers are Amazon Web Services and Google Cloud Services that are known for robust global infrastructure. All other details are available in the Privacy Policy.

Traders will need to know Python to code their algorithms, which is why we can’t say Trality is an easy-to-use trading bot. But if you do have some coding knowledge, you should find the Code Builder nicely structured.

Trality prices

Interestingly, there aren’t many reviews on Trality. But the complete transparency about the team behind this project makes up for it. They come from a range of backgrounds, which you can read about on their website.

Pros

Cons

  • Run by a team of experts
  • Different ways to create
  • Fast creation
  • Limited methods of communication
  • Not an established brand

Cryptorg

Bot types

Algorithmic bots

Exchange support

10 exchanges (Bittrex; Poloniex; Bitfinex; Binance; Bitmex; KuCoin; HitBTC; CoinsBit)                                                          

Ideal for

Advanced traders

Demo/backtesting

Yes

Manual trading

No

Customer support

Website contact page: https://cryptorg.net

Twitter: @Cryptorg_trade

Education

Guides, documentation

Features:

  • Trade-to-mine
  • Trial period
  • Notifications via Telegram

The Cryptorg service provides services for creating and configuring crypto trading bots. There is a group chat, Telegram notifications and other functions to make trading more convenient. Intelligent strategies based on technical analysis determine successful moments to enter the market. You can run a large number of trading bots (up to 500), not even all trading pairs of the exchange.

Users get a test period of 14 days. After its completion they are charged $15 per month. Other plans cost between $30 and $100 a month and expand the limits on the number of bots, futures bots, and exchange accesses launched. The most expensive plan also has personal tech support.

Pros

Cons

  • Multi-platform application
  • Support for working with a large number of bots simultaneously
  • Built-in crypto-exchange
  • Supports few exchanges

Stratum Bot

Bot types

Scalping, Classic Long, Classic Short

Exchange support

Binance, YoBit                                             

Ideal for

Beginners, advanced traders

Demo/backtesting

No

Manual trading

No

Customer support

Website contact page: https://btn.plus

Education

Video tutorials, guides

Features:

  • DCA
  • Trailing Profit
  • Multithreading

Stratum Bot is positioned by the developers as a system that makes even the most complex strategies as easy as possible. It is possible to start trading within twenty seconds from the moment of the first launch. The settings are selected in one click using the "Autoset parameters" button.

Binance trading bot costs $13 per month (while the version for YoBit is free). Also paid version expands the number of simultaneous streams up to 20, and opens possibility of using Trailing Profit, averaging, various filters and indicators.

Pros

Cons

  • Easy to use, quick to start trading
  • Automatic selection of parameters in one click
  • Good trading functionality
  • Only two supported exchanges

Botee Trade

Bot types

Simple, Composite, Short, Composite short

Exchange support

Bitfinex, Binance                                            

Ideal for

Advanced traders

Demo/backtesting

Yes

Manual trading

No

Customer support

Website contact page: https://botee.trade/

Twitter: @boteetrade

Education

Blog

Features:

  • Backtests
  • Trial period
  • Shorting

Botee Trade is Binance trading bot that runs in a browser or locally. You can run an unlimited number of backtests for free, view detailed analytics and make flexible settings for any situation. Averaging levels will help to protect against substantial losses, and a combination of the backtest and real results in one window will help to optimize your strategy.

You can use the service free of charge for 7 days. Then you need to buy one of the tariffs ($60, $120 or $270 per month). Each tariff plan supports connection to all exchanges and full list of indicators, as well as customized strategies with different indicator combinations.

Pros

Cons

  • Extensive functionality, a large number of options and indicators
  • Margin trading with leverage, you can enter into shorts and longs
  • Affiliate Program
  • Expensive rates

Apitrade

Bot types

Simple, Composite, Short, Arbitrage

Exchange support

Bittrex; Poloniex; Bitfinex; Binance; KuCoin; Bitmex; Huobi; Cryptopia; GDax; Bit Z; Kraken, OKex, etc                   

Ideal for

Beginners, other traders

Demo/backtesting

Yes

Manual trading

No

Customer support

Website contact page: https://apitrade.pro/

Twitter: @apitrade

Education

Bot templates

Features:

  • Automatic trading
  • moneyback 7 days if not satisfied with the service, no subscription fees
  • DCA

Apitrade is a subscription-free trading bot for Binance, whose creators guarantee regular income and minimal risks. Each of thousands of trades can be monitored in real time, including its amount, duration, profitability. One button startup, no long setup. Prompt technical support via Telegram.

Apitrade service earns up to 50% of the profits generated by automatic trades made by the robot. Thus robot service charges payment only after completion of the transaction and profit.

Pros

Cons

  • Free to use
  • Possibility of working with small deposits
  • Advanced algorithms of the system
  • No app, just the browser version

Profit Trailer

Bot types

Trade bots, Arbitrage bots, and Order bots, DCA

Exchange support

Poloniex, Bittrex, Binance, BinanceUS, Binance Futures, Binance Jersey, Binance DEX, Kucoin, Huobi, BitMEX, Bybit           

Ideal for

Advanced traders

Demo/backtesting

Yes

Manual trading

No

Customer support

Website contact page: https://profittrailer.com/

Discord: https://discord.com/invite/eakB23b

Education

Documentation

Features:

  • Technical support through Discord
  • Trial version
  • DCA

Profit Trailer is one of the most powerful and multifunctional automated trading services. It comes with several buy and sell strategies, including BB, EMA, SMA, DCA, RSI, STOCH, MACD, etc. Intuitive monitoring panel, advanced settings. The averaging function is supported.

Profit Trailer has paid and free versions. Free ones have very limited functionality, but still work. Paid versions cost from 49 euros per month (or 799 euros for life) to 69 euros per month (999 euros for life). Bot control is available from any device, including a browser.

Pros

Cons

  • Many functions, strategies and tools
  • Free trial versions
  • Multi-platform
  • Difficult for beginners

Advantages and disadvantages of using bots

Advantages

Disadvantages

  • This is good for the market as a whole. Experts recognize that automated systems make the market more efficient, inclusive and healthy. Thanks to the mass use of bots, the price spread on the exchange has decreased significantly in recent years
  • The bot is always working, even when a person is asleep. Thus not a minute of time is lost for profitable trading
  • Robots get rid of routine. No human can endure monotonous execution of the same-type actions for months
  • High exactness of entering and exiting positions
  • High liquidity created by trading bots attracts new people and companies to the industry
  • Absence of emotions which sometimes make a trader act rashly
  • The bot is not 100% independent, it still needs supervision and tuning. This requires a certain amount of technical and financial knowledge
  • The quality of trading directly depends on the quality of algorithms, i.e., the professionalism of the robot's development team
  • Potential security weaknesses. While blockchain is practically invulnerable to hackers, bots and other software can be vulnerable to hacks

Conclusion

Overall, using Binace bots can be a great way to increase your efficiency on the Binance exchange. However, it is important that you take the time to set them up correctly and study how they work in order to get the most out of them. Don’t forget that there are pros and cons to using bots, so make sure you weigh all of the information before making a decision. Have you tried trading with bots? What has been your experience? Let us know in the comments below!

FAQ

Find out more or solidify the knowledge you already have with these questions.

Is there a Binance trading bot?

Yes, there is a Binance trading bot. This bot can be used to trade crypto on the Binance exchange automatically. The bot is programmed to buy and sell cryptocurrencies based on certain indicators and market conditions. Using a trading bot for Binance can help you make money by trading cryptocurrencies without having to do all the work yourself.

Does Binance allow bot trading?

Yes, Binance does allow bot trading. Bot trading is a type of automated trading that uses software to place trades on behalf of the trader. This can be helpful if the trader is not able to monitor the market constantly or place trades manually. Bot trading can also help to take emotion out of trading decisions, as the trade will be executed automatically once certain conditions are met.

There are a few different Binance bots that can be used for trading on Binance, but generally they all work in a similar way. The bot will be connected to the Binance API and will then place orders on behalf of the trader based on the rules that have been set up.

Are Trading Bot for Binance Legal?

Yes, automated trading is not banned by any government or any crypto exchange. The only thing you need to look up first is whether your chosen broker allows trading apps. But overall, any action that a bot performs on behalf of a trader isn’t seen any differently.

Is Binance crypto trading bots profitable?

Yes. A trading bot can be a great way to make consistent profits from trading cryptocurrencies. By using historical data to make informed decisions, a bot can help you enter and exit trades at the right times for maximum profit.

However, it's important to do your research before choosing a bot, as not all bots are created equal. Make sure to choose a reputable and reliable bot that has been tested and proven to be profitable.

What is the best Binance trading bots?

There are a number of different Binance trading bots on the market, but our pick of the bunch is Haasbot. It's one of the most popular bots and has a wide range of features that makes it perfect for all kinds of traders. Plus, it's easy to use and very affordable.

If you're looking for a trading bot that can help you make more profitable trades, then Haasbot is definitely worth considering.

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Disclaimer:

You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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