In the world of cryptocurrency, trading bots are built to do the work of trading on behalf of the owner. Which makes them the perfect choice for digital nomads looking to automate passive streams of income.
They automate a customized or 3rd party trading strategy using smart technologies like AI, machine learning, and so on, and this means you can effectively travel, while bots are earning profits for you.
Using their AI and machine learning, trading bots decipher what news is making a social impact and which will highly influence market prices. Generally, you can choose to buy those robots separately as a single software or integrated into crypto exchanges.
Trading bots are profitable as long as you effectively configure them. As a result, they will increase trading efficiency and profitability, also eliminating the possibility of human errors and improve the overall trading speed.
Wanting to put technology to work for you, so you can earn a passive income while you travel? Here are the top 10 best trading robots we recommend you check out in 2022.
List of the Top 10 Trading Bots To Try in 2022
- NAGA – Best for Auto Copy Trading
- Shrimpy.io – Best Bot for Social Trading or Copy Trading
- Bitcoin Prime – An Overall Best Trading Robot in 2022
- Oil Profit – Automated Bitcoin Trading Tool
- 3Commas – Robot With High Trading Volume
- Bitcoin Era – Best Bitcoin Robot for New Crypto Traders
- Botsfolio – Best for Cheap Bot Trading
- TradeSanta – Best Robot for Both Long and Short Trading
- Bitcoin Profit – Ultra-fast Trading Robot Across 50+ Markets
- Crypto Bank – Trading Robot with No Fees or Commissions
NAGA – Best for Auto Copy Trading
NAGA is one of the best cryptocurrency trading robots, allowing anyone to set up automatic copy trading for expert traders. Usually, this is done right after your deposit of at least $250.
NAGA also makes it easier for any trader with no trading skills to earn money from investments with fixed or regular returns.
Besides all the mentioned core features, NAGA has an in-built wallet that allows users to deposit, receive, withdraw, send and hold cryptocurrencies.
- You can deposit money from all sorts of banks, credit cards, Skrill, Neteller, Bitcoin Cash, Bitcoin, Litecoin, Dash, Ethereum, and Naga coin
- There is an android app for the NAGA platform in addition to the web app
- Hundreds of users that you can copy trades from
- Trade cryptos, stocks, ETFs, CFDs, and over 90 other financial instruments
- Trading leverage of up to 1000 times
Shrimpy.io – Best Bot for Social Trading or Copy Trading
Shrimpy is a trading bot that lets users trade and tracks portfolios across multiple exchanges from a single platform. Therefore, you can manage and trade your assets across 16 exchanges.
Also, trade automation or crypto bot trading is done on the platform through multiple indicators and strategies.
Shrimpy helps you trade by following trades of other players. This is super useful, especially for beginner traders and those looking to earn commissions by sharing social trades.
You can always check their portfolio allocations across digital currencies and see their progress. Additionally, for the people you follow, you can check the number of their followers, daily or monthly performance, chart visualizations, and active status.
- Before kicking off automated portfolio allocation strategies, your bots are first tested
- You can earn a 50% commission for the first 3 months on any affiliate payments
- You will get a demo account to experiment with the platform before using real money
Bitcoin Prime – An Overall Best Trading Robot in 2022
Bitcoin Prime is the overall best trading robot available today on the market. With it, you are able to automatically trade more than 75 CFD pairs for Bitcoin, including those with most major currencies and a wide variety of other popular cryptos.
Bitcoin Prime is capable of finding trading opportunities in almost all market conditions by claiming an impressive 90% win rate. However, you are required to make a $250 minimum deposit first, but it doesn’t charge account fees.
Bitcoin Prime takes a 2% commission on profits, so you merely pay to use Bitcoin Prime when you’re making money.
- Trade 75+ BTC CFD pairs
- Claimed 90% win rate
- No account fees
Oil Profit – Automated Bitcoin Trading Tool
Oil Profit is a platform or an automated tool that is designed to buy and sell Bitcoin on your behalf. It is driven by a sophisticated AI algorithm that can win up to 90% of the crypto trades it opens.
Something worth mentioning is also that Oil Profit is completely free to use with no hidden costs. Also, there are no account fees or commissions on your profits.
So, the only thing you need to get started is a $250 minimum deposit, but you can withdraw it free at any time.
- Claimed 90% win rate
- Completely free to use
- Mobile apps for iOS and Android
3Commas – Robot With High Trading Volume
3Commas is a trading robot that helps users to trade cryptos on most of the major cryptocurrency exchanges in an automated way.
This crypto trading bot is very popular for portfolio analysis and copy trading, with around 3,000 users, and it transacts more than $10 million in crypto trading volume every day.
- Buy or sell digital currencies using risk management tools
- Different order types, including trailing, limit, market, take profit, stop loss, etc
- Mobile supported on iOS and Android
Bitcoin Era – Best Bitcoin Robot for New Crypto Traders
If you’re fairly new to crypto trading, Bitcoin Era is undoubtedly the best crypto trading bot for you to jump in. With this robot, you can trade many popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Cardano, EOS, Ripple, and more.
Bitcoin Era’s algorithm is based on a strategy of high-frequency trading which turns small price movements into profits over some time. Their algorithm has an 85% win rate.
Bitcoin Era is available on both a web platform and mobile apps for iOS and Android and is free to use without charging any commissions.
- Trade a wide range of cryptocurrencies
- Claimed 85% win rate
- Mobile apps for iOS and Android
Botsfolio – Best for Cheap Bot Trading
Botsfolio is a trading robot that requires no trading skills or experience. Thus, you do not need programming skills to draft and device trading bots.
Botsfolio also supports automated trading for those people who have accounts on Binance, OKx, and Coinbase Pro crypto exchanges which are linked through API keys.
- Telegram subscription for some tips and support
- Accepted payment methods: Ethereum, Bitcoin, Bitcoin Cash, and Litecoin
- Risk management intelligence in the software
TradeSanta – Best Robot for Both Long and Short Trading
TradeSanta is a cloud-based crypto trading tool suited for beginners and professional traders. In addition, you can use this trading robot for both short and long strategies and multiple indicators.
- It supports unlimited number of bots on the maximum plan
- You can use multiple indicators, including Bollinger Bands, MACD, and RSI
- Android and iOS support
Bitcoin Profit – Ultra-fast Trading Robot Across 50+ Markets
Bitcoin Profit is another top trading robot that allows you to trade more than 14 popular cryptocurrencies. It uses artificial intelligence to identify crypto trading signals with a claimed win rate of 85%.
Bitcoin Profit doesn’t charge you any account fees or commissions, and withdrawals from Bitcoin Profit are totally free and paid out in less than 24 hours.
- Trade 14 cryptocurrencies across 50+ markets
- No fees or commissions
- Withdrawals in under 24 hours
Crypto Bank – Trading Robot with No Fees or Commissions
Crypto Bank is a powerful Bitcoin trading robot that uses a combination of AI and machine learning to continually adapt to the versatile crypto market conditions and help you maximize your profits.
All cryptocurrencies are traded as CFDs, allowing the trading robot to go long or short using leverage to increase your return from every single trade.
- Claimed 99% win rate
- Trades BTC, ETH, LTC, XRP, and BAT
- No account fees or commissions
Trading robots are found to be very useful for automating trading strategies, and people feel excited to use them to boost their trading profits.
By configuring trading bots properly, you are ready for long-run profitable trading. It’s recommended to use crypto trading tools to increase trading efficiency and profitability, as well as eliminate the possibility of human errors and improve the trading speed.
Choosing the best crypto trading bot allows you to track markets more efficiently and stay on top of the game so you have both more time and money for travel.
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