Which crypto trading bot is best?
- Comparison of Crypto Bot Trading Apps.
- #1) Pionex – Recommended Crypto Bot.
- #2) eToro.
- #3) NAGA.
- #4) CoinRule.
- #5) CryptoHopper.
- #6) TradeSanta.
- #7) Shrimpy.io.
How much does a crypto bot cost? Prices. They do have a free Pioneer package that enables manual trading and portfolio management, but if you really want to get a sense for their trading bot you should try their 7-day free trial of the Explorer package. They have three packages for a monthly subscription ranging from $19 to $99.
Can you use a bot to trade crypto? Bots are used by traders to take advantage of the cryptocurrency markets that trade 24/7 all over the world. The advantage bots have over investors is they can react quicker. Meanwhile, most investors also don’t have the time to dedicate to always get the best trade—something that bots can do.
How successful are trading bots? There is often a more than 100% difference between market result and trading result. On an hourly interval the algorithms do much better, with some months of profits and some periods of outperforming the markets. However, on average, all of them are worse than the buy-and-hold strategy.