he world of cryptocurrencies moves much faster than you think. Thus, if you want to get into the race with other investors, you not only need to be updated with the latest information, you also need to have the best intelligent trading software. In this article, we will help you know about the top 6 crypto trading bots that you can choose in 2020.
Trading in cryptocurrency is not as easy as you think. One of the basic reasons for this is also that, unlike the stock market, the cryptocurrency market doesn’t close. The cryptocurrency markets are very volatile, and you have to be on your toes always to get the best out of your investment. Thus, to retain the control of your investment, even in your sleep, you need the best crypto trading bots that can perform the task for you.
What are crypto trading bots?
The crypto trading bots are the kind of software that is designed to analyze the trading data, and that can also trade in the absence of the actual trader. Thus, it can make your work much easier and convenient. They work as per the pre-programmed and pre-defined rules.
Following are the top 6 trading bots that you can choose in 2020:
This is one of the most renowned names when it comes to the best crypto-trading bots. This bot supports a lot of devices and exchanges. More than 70,000 traders use these bots today, and more than $60 million worth of bitcoins are traded daily through this trading software. This bot comes up with an intuitive interface, and it is power-packed with detailed analytics and different functions.
Gunboat is also known by the name Gunthy in the market, and it boasts of more than 6000 active traders through this platform. The best part about this trading software is that it is compatible with MAC, Linus, and the windows computer. Thus, no matter which computer you have, you can use this trading bot to invest in cryptocurrencies. In addition to these amazing features, Gunboat also comes up with inbuilt trading strategies like Step gain, gain, Ping pong, and the Bollinger bands.
This is cloud-based cryptocurrency trading software that is very easy to set up and use. The bot works with lots of interchanges and money types. Thus it shouldn’t be a problem for you. This trading bot enables you to trade 24/7 without getting tired. Thus, sleep peacefully and let the bot give you the desired profit. The best part about this bot is that it is installed with external signalers that can help you to get in touch with any professional analyst around the world.
You must have heard about Gekko if you have been in the field of cryptocurrency trading for a long time now. Gekko is a non-proprietary trading bot. This trading software is also compatible with different operating systems like Linux, Windows, as well as MAC. The Gekko comes up with a Backtest feature that enables you to back test the data and identify the forecast of your trading and how much profit or loss you may get.
The Zenbot is another best non-proprietary trading robot. You can also modify the bot to fit your preferences and requirements. You can utilize this bot on all kinds of devices and operating systems. The best part about this trading bot is that it is quite lightweight, and it is well equipped with artificial intelligence. Thus, it can provide you with the best trading solutions in no time.
This is an affordable trading robot that appears in the form of a Google extension. This is a non-beginner level bot, and it can’t be easily used by a beginner as it requires you to physically code the stop loss in the form of a script. Thus, it is not the best trading bot that you can get, but the price factor makes it one of the best bots available in the market.
Every day, you can get lots of emotional rush when you are going through cryptocurrency trading. But, if you want to reduce the emotional rush, you can use the crypto trading bots to get the best solution.