Amid the fluctuating market conditions and the 24/7 nature of the crypto market, traders are increasingly turning to artificial intelligence (AI) powered trading bots to optimize strategies and maximize profits.
Choosing the right AI trading bot can be a game-changer, helping to automate crypto trading, manage portfolios, set stop losses, and more. In this article, we’ll explore the top nine AI crypto trading bots to help you make the most of your trading activities.
- What are AI crypto trading bots?
- What are the best AI trading bots in 2024
- 1. Pionex
- 2. Coinrule
- 3. AlgosOne
- 4. OKX
- 5. Bitsgap
- 6. Bybit
- 7. Binance
- 8. CryptoHopper
- 9. CryptoHero
- 10. TradeSanta
- 11. HaasOnline
- 12. Stoic
- 13. Kryll
- AI crypto trading bots compared
- AI crypto trading bots vs. conventional trading bots
- How to choose the best AI crypto trading bot
- Ready to start trading using an AI crypto trading bot?
- Frequently asked questions
What are AI crypto trading bots?
AI crypto trading bots are computer programs that use artificial intelligence and advanced algorithms to buy and sell cryptocurrencies automatically. They learn from new data, can adjust trading strategies, and detect patterns that may not be obvious to humans. These bots make trading easier and more efficient for people by analyzing large amounts of data and adapting to market changes.
By supplying market data, such as price and volume, the bot can analyze real-time and historical market data to discern trends and patterns that inform its trading decisions.
What are the best AI trading bots in 2024
1. Pionex
Pionex, established in 2019, operates as a centralized cryptocurrency exchange offering a unique array of services to its global clientele. Headquartered in the British Virgin Islands, the company holds a virtual asset service provider license in Ireland and money service business licenses across most U.S. states.
The platform distinguishes itself with 16 complimentary crypto trading bots, enhancing user accessibility to advanced trading strategies. Pionex supports trading for over 379 digital coins and tokens with a nominal fee structure of 0.05%. This has contributed to a substantial monthly trading volume exceeding $5 billion, serving a user base exceeding 100,000 worldwide.
In a proactive move towards industry advancement, Pionex has allocated $10 million to launch the Brave Fund, dedicated to promoting cryptocurrency adoption and web3 technologies. This initiative will fund educational programs, training initiatives, and the development of sophisticated trading algorithms aimed at enhancing user proficiency in digital asset management.
Pionex has also tailored its services for the U.S. market, offering the first Bitcoin AI bot designed to optimize trading efficiencies. Available in 47 states, the platform adheres strictly to federal and state regulatory frameworks, ensuring compliance and user security. Pionex’s commitment to innovation and regulatory adherence underscores its position as a leading cryptocurrency exchange.
- Create customized trading bots with PionexGPT
- Learning resources
- Tax preparation services
- Multiple user interfaces for experienced and novice traders
- Zero deposit fees
- U.S. services are limited compared to global services
Use this link to get $30 trading bot credit with Pionex. Just sign up and complete KYC. The longer your cash remains in the trading bot you set up, the higher your potential returns.
2. Coinrule
Coinrule is a crypto trading revelation, skillfully combining a user-friendly interface with high-grade algorithmic capabilities to give traders of all experience levels a tactical edge. With Coinrule, you’re not just setting up automated trades; you’re building an entire trading ecosystem.
Boasting integration with leading exchanges like Binance, Coinbase, and KuCoin, it offers unprecedented flexibility across more than 81 crypto assets.
Users can either tailor their trading strategies with the platform’s signature “If This Then That” logic or choose from over 150 pre-set, backtested strategies that remove the guesswork and inject statistical acumen into their trading game.
Notably, its Any Coin Scanner is an industry first, enabling traders to sweep over 2,000 cryptocurrencies to identify prime investment targets, a feature that its competitors lag in offering. The platform’s demo trading option and a rich repository of educational resources make it incredibly beginner-friendly.
While it comes with a monthly subscription fee, the value delivered, especially for active traders, is well worth the investment. Even if you’re averse to centralized exchanges, keep an eye on Coinrule; it’s a vanguard platform pushing the envelope in automated crypto trading.
- Comprehensive feature set from rule-based trading to a unique Any Coin Scanner.
- Offers both customizability and ease of use, catering to novices and experts alike.
- Flat monthly fee structure, providing cost-efficiency for high-frequency traders.
- Availability of demo trading and extensive educational content.
- Compatibility with multiple top-tier exchanges, offering a broad trading scope.
- Coinrule currently supports trading only on centralized exchanges, which may not suit traders interested in decentralized platforms.
- Coinrule does not connect with the Gemini exchange, potentially limiting trading options for some users.
- Coinrule can only be accessed through a browser, making it less convenient for those who prefer using a mobile app for trading.
- Unlocking advanced functionalities and increased trading limits requires a premium subscription that may not be financially feasible for everyone.
3. AlgosOne
AlgosOne is truly innovative example of AI working for user benefit in the cryptocurrency landscape. The proprietary tech behind AlgosOne uses AI modeling, deep neural networks, and natural language processing models to learn from every trade made and analyze extensive datasets, continuously improving its market predictions. The result is a high level of accuracy across a wealth of financial markets — not just crypto but also stocks, bond, forex, and commodities.
The AI service stands out for being accessible and user-centric. It can both perform automatic trades for users or require a simple on-click approval. This focus on simplicity widens accessability, allowing users with all levels of experience to get involved. The platform offers a tier-based system that influences trade size, commission fees, and compensation. Note that AlgosOne takes up to 25% commission, but only on winning trades. Users only need to deposit $300 get started.
AlgosOne notably reinvests back into its platform, allocating 50% of commission earnings toward operational expenses, risk management, and tech support, while the remaining 50% contributes to a reserve fund. This fund provides client capital protection, offsets losses partially, and distributes dividends to shareholders.
Along with the reserve fund, the platform also holds an E.U.-issued license for financial services, which contributes the the platform’s overall security.
- Multiple features for risk management, including a reserve fund and investment caps
- Supports crypto, forex, and stocks
- User friendly dashboard
- Supports withdrawals in crypto and fiat (USDT, BTC, and ETH to EUR, GBP and USD)
- $300 deposit required to start
- Not available in the U.S.
- High commission of up to 25% on successful trades
4. OKX
OKX is a popular global cryptocurrency exchange that allows you to buy and sell crypto. It was created by Star Xu in 2017, and is owned by OK Group, which also happens to own the Okcoin exchange. OKX was originally known as OKEx but was eventually rebranded.
OKX has trading bots for both novices and advanced traders. There are a few different types of bots that users can take advantage of. Some of these include the spot grid bot, the futures grid bot, and the spot dollar cost averaging bot.
You also have the ability to copy successful trading bots. The Bot Marketplace makes sharing successful trading bots easy for users. Additionally, OKX trading bots are free to use for all users.
- Bot marketplace to share successful bots
- A variety of bots available
- Free for all OKX users to use
- Spot trading and futures bots
- Geographical limitations for many users
- Not available to U.S. users
5. Bitsgap
Bitsgap is a robust AI crypto trading bot that offers portfolio management, algorithmic orders, and a demo mode.
Its standout feature is the capacity to integrate all your exchanges under one umbrella, streamlining the execution of strategies and the deployment of advanced bots across multiple platforms. This enables traders to juxtapose rates from different digital currency markets, switch between exchanges, track investments, and experiment with strategies via a demo account.
Bitsgap has formed alliances with 30 distinct exchanges, including big players such as Binance, Kraken, and Bitfinex. Beyond these integrations, it provides access to a staggering 10,000+ cryptocurrency trading pairs, supplemented by a suite of technical indicators to fortify your trading strategies. Its user-friendly interface simplifies automated trading, catering to both novice and seasoned traders.
A distinguishing feature of the Bitsgap AI crypto trading bot is its proportional investment distribution mechanism. This approach ensures that your investments are allocated evenly within your chosen range, enabling you to reap small, consistent profits with each market movement. As the price hits the intended range, orders are executed, and new ones are placed.
- Allows users to test their strategies using historical data (Backtesting)
- Bitsgap provides signals that assist in managing the bots effectively.
- Bitsgap offers multiple types of bots, including Grid bot and DCA Bot, catering to different trading strategies.
- Users have the option to modify the range of their grid bots to fit their trading plan.
- Bitsgap uses 2048-bit encryption to ensure the safety of user data.
- Bitsgap provides a paper trading account for practice and strategy testing without risking real money.
- Bitsgap has a team of experienced professionals behind it, offering a solid foundation of support.
- The platform operates on a subscription model, which could be expensive for some users. There is no free account.
- Bitsgap does not have a mobile application, limiting access for users who prefer trading on the go.
6. Bybit
Bybit is another global cryptocurrency exchange that offers trading bots. It was founded in 2018 as a crypto derivatives exchange, of which it has become known for. Unlike many exchanges that solely focus on spot trading, Bybit has gone in the other direction.
Because the exchange offers derivatives, it also offers leverage trading, up to 100x. In addition to leveraged trading, Bybit also has a host of other features, such as: NFTs, Earn products, an advanced trading interface, lending, a wallet, and most of all a trading bot.
The trading bots on Bybit suit a variety of purposes. There are spot and futures bots, grid bots, and dollar cost averaging bots.
- Variety of trading bots for different users
- Learning resources for less technical users
- Free to use for all users
- Spot and futures trading bots
- Supports a variety of assets
- Pre-configured bots
- May be more difficult for new users
- Geographical restrictions
7. Binance
Binance is the world’s largest cryptocurrency exchange by trading volume. It was created in 2017 by Changpeng Zhao, also known as CZ. The exchange has become extremely popular since then and has a host of products for a variety of customers.
For example, Binance is one of the few exchanges that offer derivatives trading. Because of this, Binance is a MetaTrader 5 (MT5) platform. The exchange also offers a flagship non-custodial wallet, NFTs, and Earn features. You can also mine crypto with the platform, receive loans, and engage in many crypto related activities.
Binance also offers trading bots of various types. This includes grid, spot, dollar cost averaging, and many more. The bot marketplace allows you to take advantage of successful bots. However, most of the bots require a minimum investment.
- Variety of trading bots to choose from
- Bot marketplace for traders
- Multiple cryptocurrencies to choose from
- Learning resources
- Futures and spot trading bots
- Some bots have a high minimal cost
- Geographical restrictions may apply
8. CryptoHopper
CryptoHopper offers different types of bots that can perform various tasks, such as trade bots, market-making bots, exchange arbitrage bots, and market arbitrage bots. They provide a seven day free trial for their Explorer package, with monthly costs ranging from $9.99 to $99.99. Other pricing tiers include Pioneer, Adventure, and Hero.
Each price plan offers different bot types, interval check periods, and maximum concurrent trades the bot can handle. For example, Hero subscribers can access Market-Making and Triangular Arbitrage bots, while Adventure and Hero subscribers can access the Exchange Arbitrage bot.
Cryptohopper has a Social Trading Platform that lets users buy bot templates, discuss trading strategies, and subscribe to trading signals. They also provide professional tools, such as Dollar Cost Averaging, Short Selling, and Triggers, which don’t require coding skills.
Through their Affiliate Program, users can earn a commission every month as long as their customers stay active. CryptoHopper works closely with exchanges and authorities to ensure account security, and they offer top-notch security measures to protect user data.
- Offers expert-level tools for both beginners and professionals.
- Helps users create trading strategies based on preferences, experience, and risk appetite.
- No commissions on trades, only fixed monthly membership fees.
- Mobile app is available for convenient remote use.
- Requires some technical knowledge.
- Customer support may not be the best; users may need to rely on website resources.
- Some advanced features and technical analyses are not available for free users.
9. CryptoHero
CryptoHero is a trading bot that offers a variety of features, making it an attractive choice for many traders. The AI-optimized robots analyze the market and identify the best opportunities, allowing you to set both entry and exit conditions. You can also use various indicators to stay updated on market trends.
If you’re unsure about a trading strategy, CryptoHero allows you to perform backtesting using historical market data. This helps you see how your strategy would have performed under different market conditions, giving you more confidence in your decisions.
The bot caters to both short-term and long-term traders, with the ability to quickly analyze the market for short-term traders and patiently wait for the best opportunities for long-term investors.
One of the major appeals of CryptoHero is its affordability. There’s a free version available, which is quite rare in the market. For those seeking more advanced features, the premium version costs only $13.99 per month or $139.99 annually.
With the premium version, you’ll get access to 15 bots, 3 API connections, and other services available with the basic subscription.
- CryptoHero offers both a free basic subscription and a premium subscription for $13.99 a month.
- The tool is capable of managing multiple accounts simultaneously and integrates with leading crypto exchanges.
- CryptoHero is accessible on various devices, including iOS, Android, and PCs.
- Quickly backtest strategies to assess their potential success.
- 24/7 live support. CryptoHero provides a dedicated support team available around the clock to assist users.
- CryptoHero's web and mobile subscriptions are paid differently, which can be confusing for users.
- The bot discovery page may appear simplistic compared to other trading bots in the market.
- The numerous bot offerings might make it challenging for users to decide which one to choose when signing up.
10. TradeSanta
TradeSanta is a user-friendly, cloud-based trading software that makes automated crypto trading strategies accessible to everyone.
To use TradeSanta, you need to connect your cryptocurrency exchange account to the platform, create a trading strategy by selecting the exchanges and pairs you want to trade, set up technical indicators and rules, and choose when trades should be executed.
Once a strategy is set, you can run it automatically or manually, depending on your preferences. The platform also offers tools to track and analyze trade performance and sends alerts and notifications to keep you informed about your trades.
TradeSanta offers popular strategies like Grid and DCA (dollar cost averaging) to cater to different market conditions and user preferences. Extra Orders can help you make money when the market doesn’t favor your strategy. Long and Short Strategies allow you to take advantage of both price increases and decreases.
Technical Indicators such as RSI, MACD, and Bollinger signals help you find the best entry points, and Stop Loss features to minimize your risk during extreme market fluctuations. TradeSanta currently supports multiple exchanges, including Binance, Bittrex, Bitfinex, Huobi, and Upbit.
- Supports over 5,700 crypto pairs.
- Offers hundreds of trading strategies.
- Handles large trading volumes.
- Affordable monthly fees.
- Lacks support for some major high liquidity exchanges.
- Dependence on third-party exchanges.
- Limited exchanges supported.
- Limited customization for backtest trading.
11. HaasOnline
HaasOnline is one of the oldest cryptocurrency trading bots in the market, showcasing its reliability and experience in the industry. Its longevity is a testament to the continuous improvements and adjustments made over time to adapt to the evolving crypto market.
A selling point of Haasbot is its ability to operate 24/7, providing traders with constant market monitoring and trading opportunities. This feature enables users to capitalize on short-lived opportunities and avoid missing out on profitable trades while they sleep or attend to other tasks.
Haasbot’s use of technical indicators enhances its appeal to traders. These features provide valuable insights into market trends and help users make informed decisions while minimizing losses and maximizing profits.
HaasOnline supports a broad range of crypto exchanges, enabling users to trade on multiple platforms and access a diverse range of trading opportunities. Its compatibility with popular exchanges ensures that users can take advantage of the best deals available in the market.
The pricing options for Haasbot cater to different levels of experience and budget, from beginner to advanced packages. Users can choose the package that suits their needs and can access a full core features list with support for all exchanges.
- Highly profitable integrations API, great customizable dashboards, and advanced scripting experience for advanced users, making it a profitable business for crypto traders.
- Provides great security, profits, and a trade server cloud with additional features to maximize profit potential.
- Secure servers and powerful backtesting engines help ensure a reliable and data-driven trading experience.
- HaasOnline supports buying and selling on many popular exchanges and offers AI-driven trading robots for advanced trading strategies.
- No trial options are available, making it difficult for beginners to start trading and get acquainted with the platform.
- The advanced nature of crypto trading bots may be challenging to set up for those without prior trading strategy knowledge.
- AI stock trading tools may not be fully accessible for beginner traders, limiting their potential use of the platform.
- Crypto trading bots on HaasOnline can be a bit expensive, potentially deterring some users from utilizing the platform.
12. Stoic
Watch the video review from BeInCrypto Trader& Analyst of a Stoic AI Trading Bot ⬆️
Stoic trading bot, developed by Cindicator, is a mobile app designed to provide users with access to advanced investment strategies and powerful AI technology. Stoic provides 4 trading strategies:
– META: The moderate risk strategy.
– FIXED INCOME: The low risk strategy.
– LONG ONLY: High risk strategy.
– META LONG ONLY: Autotuned strategy
- Clean & intuitive interface suitable both for beginners & experienced traders.
- All-in-one mobile app available for iOS & Android.
- Powerful AI technology.
- Focus on diversification and risk management which helps to mitigate risk and increase the potential for long-term growth.
- Strong security: the bot doesn't have any access to your funds. The only permission they have is a permission to trade.
- No delegating feature so far: the bot will trade the entire wallet balance.
- Supports only Binance, Binance US & Coinbase crypto exchanges.
13. Kryll
Kryll is another one of the AI crypto trading bots that offer automation and simplicity. It’s an AI-powered platform that is designed to help even beginners in the crypto trading world. One of the standout features of Kryll is its crypto builder — it’s a user-friendly tool that lets you create trading bots using a simple drag-and-drop system.
The beauty of this tool is that you don’t need any coding knowledge to use it, making it accessible to virtually anyone.
In addition to the crypto builder, Kryll has a unique offering called the Marketplace. Here, experienced traders share their successful trading strategies. This feature can be incredibly helpful for those who are new to crypto trading or those who are simply looking for new strategies to implement.
Kryll also stands out for its Trading Terminal feature, which allows you to set up stop-losses and multiple take profits. This function adds a layer of risk management to your trading. And if you want to customize your own trading algorithm, you can do that too with the Strategy Editor, which, like the crypto builder, uses a drag-and-drop interface for ease of use.
- Simple, straightforward, and easy to use.
- Supports major exchanges.
- Availability of mobile apps for Android and iOS.
- Offers a free trial.
- Uses robust trading strategies.
- Offers unlimited free backtesting.
- Integration with TradingView.
- Efficient strategy editor for customizing trading algorithms.
- Supports fewer exchanges compared to other platforms.
- Complicated pricing structure.
- Requires all cryptocurrency traders to utilize Kryll’s KRL token.
- The Kryll market's instability can't consistently guarantee success.
- Charges users for each usage.
AI crypto trading bots compared
Trading bot | Availability (countries) | Assets | Free plan | Price |
---|---|---|---|---|
Pionex | U.S. | 97 | Yes | Free |
Coinrule | 100+ | 80+ cryptos | Yes | $29.99/month |
AlgosOne | 150+ | Crypto, forex, and stocks | No | 25% commission on winning trades |
OKX | 100+ | 100+ cryptos | Yes | Free |
Bitsgap | 190+ | 1,000+ cryptos | No | $20/month |
Bybit | 100+ | 800+ cryptos | Yes | Free |
Binance | 100+ | 100+ cryptos | No | Varies by trading bot |
CryptoHopper | 50+ | 1,000+ cryptos | Yes | $19/month |
CryptoHero | 100+ | 175+ cryptos | Yes | $14/month |
TradeSanta | 150+ | 700+ cryptos | Yes | $18/ month |
HaasOnline | 100+ | 800+ cryptos | Yes | $49/month |
Stoic | U.S. and E.U. | 100+ cryptos | No | Starts at $9/ month |
Kryll | 100+ | 300+ cryptos | Yes | $2/month |
AI crypto trading bots vs. conventional trading bots
Conventional trading bots rely on rules set by human traders, which may not cover all market subtleties. In contrast, an AI trading bot can learn from new information and modify its trading strategies accordingly.
Another difference lies in the algorithmic complexity employed by AI trading bots. Regular trading bots typically use basic algorithms based on technical indicators or price fluctuations. On the other hand, AI trading bots utilize more intricate algorithms like neural networks that can detect patterns and connections not obvious to human traders.
For instance, this chart from TradingView can be used to apply different indicators and create trading rules for the AI crypto trading bots according to your trading strategy.
These automated trading bots employing artificial intelligence are gaining popularity among retail traders. The bot can also train on its own trading history, optimize predictions and strategies, and tailor these to individual users’ preferences.
As the famous trader Mark Douglas wrote:
“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.”
Mark Douglas: “The Disciplined Trader: Developing Winning Attitudes”
Looking for a super intuitive trading bot that lets beginners to utilize the same positions as seasoned traders? Check out , a bot with smart trading terminals that allow traders to set trades in advance — and integrates with 16 exchanges!
How to choose the best AI crypto trading bot
Choosing an AI crypto trading bot can be a complex task. Here are some factors you should consider to make an informed decision:
- Consider your trading strategy
- Research the bot’s capabilities
- Read reviews and feedback
Consider your trading strategy
Choosing the right AI crypto trading bot involves careful consideration of your trading strategy. Here’re some of the trading strategies that might influence your decision when choosing an AI crypto trading bot:
- Mean Reversion. If this is your strategy, you’ll want a bot that can accurately track and analyze the average price of cryptocurrencies over a given period. The bot should be able to detect significant deviations and make buy/sell decisions based on these price changes.
- Momentum Trading. For momentum trading, your bot should be capable of identifying short-term price trends and executing trades at the optimal time to maximize profits. It should be able to determine when the price of a cryptocurrency is likely to rise and fall, allowing it to buy low and sell high.
- Arbitrage. If you’re looking to employ an arbitrage strategy, your bot should be able to monitor prices across multiple exchanges simultaneously. It should be able to execute trades quickly when it identifies a price discrepancy between these exchanges, allowing you to profit from the difference.
- Naïve Bayes. This is a trading strategy that uses machine learning. You’ll want to choose a bot capable of analyzing past price trends and using this data to predict future price movements.
- Natural Language Processing (NLP). If your strategy involves analyzing news and social media sentiment, you’ll want a bot that incorporates NLP. This bot should be able to sift through various types of content, identify relevant keywords, and make trading decisions based on the sentiment these keywords convey.
No one bot is perfect. Depending on your strategy, you might need to use different bots. Also, always backtest your bot with historical data before letting it trade with real money to ensure that it performs as expected.
Research individual AI trading bot capabilities
Choosing the best bot ultimately depends on your personal needs. That’s why you have to investigate what each bot can do. Does it support the kind of trading strategy you intend to use? Can it trade on the exchanges where you have accounts? Does it have backtesting capabilities? Can it react to news or social sentiment if that is part of your strategy?
Also, check the user interface of the bot. Is it easy to use and navigate? You will want a bot with a straightforward, user-friendly interface if you’re a beginner. Consider the level of customer support provided. Active support can be invaluable, especially if you’re new to crypto trading bots.
It’s also worth noting that AI crypto trading bots come with different pricing structures. Some have a flat monthly fee, others charge a percentage of profits, and some offer free services but with limited capabilities. Make sure to understand the costs associated with the bot and ensure they fit your budget.
Read reviews and feedback
Look at review websites and social media to see what others are saying about the AI crypto trading bot. Are the reviews generally positive, or are there common complaints? Remember, no bot is perfect, but persistent negative reviews about the same issues can be a red flag.
Of course, security is paramount when dealing with financial transactions. Make sure the bot has robust security measures in place. It should not have full custody of your funds and should implement API keys for trading, which can limit what functions the bot can perform.
Always do your research and perhaps start with a bot that offers a free trial or demo version so you can test its capabilities without committing your funds.
Ready to start trading using an AI crypto trading bot?
AI crypto trading bots can analyze vast amounts of data in real-time, making them an indispensable tool in today’s fast-paced crypto market.
Moreover, these bots can assist with portfolio management, helping you balance and diversify your investments across different cryptocurrencies. Whether you’re an experienced trader or a beginner, an AI trading bot can help you navigate the volatile crypto market and potentially enhance your trading performance.
Frequently asked questions
What is a crypto trading bot?
What is the role of AI in crypto trading bots?
How do I choose the best AI crypto trading bot for me?
What are the risks associated with AI crypto trading bots?
Do AI trading bots work?
Is bot trading profitable?
Are AI bots illegal?
What is the difference between regular and AI trading bots?
Disclaimer
In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.