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We uphold a strict editorial policy that focuses on factual accuracy, relevance and impartiality. Our content is created by a team of in-house crypto experts that conduct extensive research into each cryptocurrency, from well-established names to emerging projects. We adopt a hands-on methodology, engaging with each digital asset and platform. This approach allows us to provide genuine, in-depth reviews from an investor's perspective. Learn more about our process for reviewing and testing crypto assets.
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Auto trading tools remove the guesswork from crypto investments. There are many different options in the market, including crypto bots, copy trading, and strategy builders.
In this guide, we reveal the 22 best crypto auto trading platforms for beginners in 2024. Read on to discover the best automated trading providers for passive crypto investing.
The Best Cryptocurrency Auto Trading Platforms Ranked
The best crypto auto trading platforms are summarized below:
Dash2Trade: Overall best auto trading platform with no-code strategy tester and DCA/grid bots.
Margex: Popular crypto platform with copy trading and high leverage.
Coinrule: Automated trading platform with templated strategies, supporting 15+ exchanges.
Cryptohopper: Build custom auto bots with a simple drag-and-drop interface.
Bitsgap: All-in-one automated platform with various bots, supporting 30+ exchanges.
Binance Trading Bot: Over 87,000 auto trading bots with low fees, supporting spot trading pairs.
Bybit Trading Bot: Copy successful crypto derivatives traders with high leverage and access thousands of auto bots.
MEXC: Leading crypto exchange with copy trading tools and profit-sharing fees.
OKX Trading Bot: Automated crypto bots trading 24/7, with a vast marketplace of bots.
TradeSanta: Simplifies trading with customizable bots and supports 12 exchanges.
Gate.io: High-volume platform with thousands of crypto auto bots and copy trading tools
KuCoin: Huge marketplace with over 13 million auto bots, supporting high-risk strategies
Pionex: User-friendly platform with built-in trading bots like Grid Trading Bot for market fluctuations.
SMARD: Automated trading platform using a momentum-effect-driven algorithm.
WunderTrading: Offers trading bots and successful copy trading strategies with a crypto tracker.
Kryll: User-friendly auto-trading platform with drag-and-drop strategy creation.
OctoBot: Open-source bot with automated trading and backtesting.
HaasOnline: Offers customizable order types, bot extensions, and market scanners.
Skilling: Popular CFD platform with a copy trading tool and over 400 strategies.
Phemex: Features automated trading, 300+ spot trading pairs, and up to 100x leverage on futures.
3commas: Offers custom bots without algorithmic experience, connecting to popular exchanges via API.
eToro: Auto crypto trading platform with copy trading tools, smart portfolios, and no additional fees.
Reviewing the Top Bitcoin Auto Trading Platforms
We’ll now explain how the best auto trading crypto platforms work, including supported tools, fees, target markets, safety, and much more.
1. Dash2Trade – Best Auto Trading Platform with Social and Technical Analysis
Dash2Trade is a new auto-trading platform with a wide range of powerful tools to help traders succeed in the crypto market. To start, traders can use Dash2Trade’s Dollar Cost Averaging (DCA) and Grid strategy bots to jump straight into the market and start trading on auto-pilot.
Traders can also develop and test their own custom strategy using Dash2Trade’s backtesting tool. This feature requires no coding and enables traders to build strategies with dozens of pre-made and custom-built indicators.
Strategies can also integrate social metrics, which is perfect for traders interested in auto-trading around crypto presales or trending trading tokens. The Dash2Trade dashboard includes detailed social analytics that measure mention volume, sentiment, and more.
Dash2Trade is also in the process of rolling out more advanced features such as technicals-based breakout signals and copy trading bots. These features will expand the platform’s capabilities to suit technical traders looking to capitalize on quick movements in crypto majors.
Dash2Trade offers a limited free version. Full access costs $120 per year paid in ETH or $102 per year paid in D2T tokens.
Auto Trading Tools
No-code bot editor with drag-and-drop interface
Account Minimums
No minimum
Pricing Structure
Annual subscription
Pros
User-friendly strategy backtester with no coding required
Advanced social analytics
Includes DCA and Grid trading bots
Technical signals, with breakout signals soon to come
Free version available to try out platform
Cons
Only supports auto-trading around cryptocurrencies
2. Margex – Popular Crypto Platform with Copy Trading and High Leverage
Margex is a popular crypto trading platform with powerful features that can serve both beginner and advanced traders. One of Margex’s most convenient features is copy-trading. With a single click, anyone can easily copy trades from top-performing traders on the platform. This allows less-experienced traders to profit from professional insights.
Margex also provides ultra-high leverage of up to 100x on crypto trades, allowing traders to multiply their gains—though this increases the risk. It’s worth noting that more than 55 trading pairs are available on the platform, with all major cryptos covered.
Another great feature is Margex’s MP Shield system, which protects users from price manipulation. It also offers a mobile-friendly trading app for on-the-go trading.
The platform also offers a crypto-staking feature to allow users to earn passive income. Other earning options include a referral program with up to 40% commissions.
It’s worth noting that Margex does not charge deposit and withdrawal fees. Trading fees are also competitive, ranging from 0.019% for makers to 0.060% for takers at the lowest tier.
Auto Trading Tools
Copy trading with high leverage
Account Minimums
$10
Pricing Structure
0% deposit/withdrawal fees, from 0.019% trading fees
Pros
One-click copy trading functionality
High leverage up to 100x
MP Shield system to prevent price manipulation
User-friendly mobile app available
Crypto staking and referral program
Cons
Not available in some jurisdictions including the US
3. Coinrule – Automated Trading Platform With Templated Strategies
Coinrule is an automated trading platform that helps users improve their crypto trading with advanced tools and templated strategies. It aims to give regular traders access to the sophisticated trading tools and strategies typically available to hedge funds and corporations.
Using an API, the platform connects with supported platforms like Binance, Coinbase Pro, and Kraken. Coinrule uses the IFTTT (If This Then That) model, where a user sets strict conditions to make a trading bot execute trades. In this way, the bot would take action on the underlying exchange; otherwise, it stays inactive.
The platform supports over 15 exchanges and provides access to over 34 automated trading bots, including Bollinger Bands, Golden Cross Trading, RSI Scalping, and many others.
It has pre-built trading rules available from the template library, with some accessible on a free plan and others requiring a paid subscription.
Coinrule charges a fee from as low as $29.99 to $449.99 each month, while they’ve also included a free-of-charge package in the pricing strategy. Its platform doesn’t integrate with decentralized crypto exchanges or automated market makers, including UniSwap and SushiSwap.
Auto Trading Tools
Over 34 automated trading bots, IFTTT model, pre-built trading rules
Account Minimums
NA
Pricing Structure
Fee range ($29.99 to $449.99 per month), free-of-charge package available
4. Cryptohopper – Develop a Crypto Auto Bot With Drag-and-Drop Tools
Cryptohopper is another option if you want to build your own custom bot. This enables you to automatically trade crypto pairs based on your preferred strategy, market, and risk settings. Crucially, Cryptohopper has developed drag-and-drop tools, so the platform is suitable for all skill sets.
In particular, Cryptohopper is ideal for technical traders. It supports more than 130 indicators, including the Aroon Oscillator and Commodity Channel Index. The bot will place orders when your technical readings are triggered. Cryptohopper bots can be backtested at the click of a button.
You can then make changes accordingly. In terms of pricing, plans range from $0 to $129 per month. Each plan comes with limitations, such as how many bots you can deploy at the same time. The good news is you can easily change plans based on the functionality you need.
Auto Trading Tools
Build a custom auto trading bot from scratch
Account Minimums
N/A
Pricing Structure
N/A
Pros
Simple interface for building custom bots
More than 130 technical indicators are supported
Backtesting facilities take seconds to run
Also offers a marketplace for pre-built bots
Cons
The free plan is limited to 20 open positions
You’ll need to pay $129 per month for full functionality
Bitsgap is an all-in-one automated crypto trading platform that provides interfaces with API to more than 30 leading crypto exchanges to its users. The platform ensures smooth trading and portfolio tracking across the exchanges through one interface.
The automation is conducted by bots that work consistently through automated rules applied during trading to support various strategies.
These trading bots are the Grid Bot for small movements in price, the DCA Bot for cost spreading in layers, the Combo Bot that combines DCA with the grid strategy, and the Scalper Bot for fast and frequent trading on KuCoin.
The platform is user-friendly, supportive for beginners, and offers advanced features such as a detailed trading terminal, portfolio tracker, arbitrage scanner, and market signals for experienced traders.
It’s worth noting that Bitsgap does require a subscription and doesn’t have a mobile app for a quick trading experience. There’s also a demo mode for practicing strategies without risk. Bitsgap has various pricing tiers, from a Basic Plan with limited bot activities to a Pro Plan with extensive bot operations, each with a 7-day free trial to test the platform.
Auto Trading Tools
Grid Bot, DCA Bot, Combo Bot, Scalper Bot
Account Minimums
NA
Pricing Structure
Subscription-based (Basic Plan to Pro Plan), 7-day free trial
6. Binance Trading Bot – Thousands of Auto Bots With Over $100 Million Currently Invested
Not only is Binance the largest crypto exchange for volume but it’s also one of the most popular for auto trading. The Binance platform now hosts over 87,000 crypto bots, developed by third-party traders. Binance Trading Bot claims that over $100 million is currently invested in bots.
Finding a suitable bot is simple when using its filter dashboard. For instance, you choose your preferred crypto, the trading direction (long, natural, short), and the return on investment. You can also choose a bot that specializes in spot trading or leveraged futures. Each bot provider sets a minimum investment and profit-sharing rate.
That said, the minimum requirement is often just a few dollars. In addition to auto bots, Binance also offers copy trading tools. The specifics work the same in terms of minimums and profit sharing. Hundreds of cryptocurrencies are supported by Binance and your auto trading tools will have access to premium liquidity.
Auto Trading Tools
Copy trading and auto trading bots
Account Minimums
Minimums are set by each bot provider/copy trader. Often just a few dollars.
Pricing Structure
Profit-sharing fees are set by each bot provider/copy trader.
Pros
Choose from copy trading or automated bots
Various crypto trading strategies are supported
Auto trade the spot or futures markets
Minimum investments are often just a few dollars
Backed by the world’s largest exchange for trading volume
Cons
Auto futures trading isn’t available in all countries
Bybit Trading Bot is one of the best crypto auto trading bots for copying other traders. This popular exchange specializes in crypto derivatives with high leverage. In addition to options, this includes perpetual, inverse, and delivery futures. Thousands of traders can be copied, each focusing on a specific derivatives and trading strategy.
The easiest way to find a suitable trader is via the historical APY. You can then view the trader’s win rate, maximum drawdown, average profit and loss per trade, and average holding time. Once you’ve selected a trader to copy, you’ll only pay fees on profitable positions.
This averages just 10%, even with the most successful traders. If you prefer auto trading bots, Bybit is also suitable. It offers various bot strategies, including futures and spot grids, dollar-cost averaging, and the Martingale system. Bots can be backtested before they begin trading with real funds.
Auto Trading Tools
Copy trading and auto trading bots
Account Minimums
No minimum
Pricing Structure
Profit-sharing fees are set by each bot provider/copy trader. This averages 10%.
Pros
Best crypto auto trading platform for derivatives
Copy the most successful derivative traders like-for-like
Also offers thousands of auto trading bots
Average profit-sharing fee of 10% is reasonable
Maximum leverage of 125x
Cons
Some bots have only been active for a few days
Limited filters when searching for a suitable copy trader
8. MEXC – Instantly Copy Thousands of Profitable Crypto Traders
MEXC is also one of the best copy trading platforms for crypto investors. Thousands of experienced traders participate in the program, covering various strategies. This includes everything from day trading and long-term investing to high-frequency trading. MEXC offers a wide range of filters to help find the perfect trader.
This includes the return on investment, historical win rate, and the number of followers. Clicking on a trader reveals additional data points, such as the profit and loss ratio, trade frequency, and the average holding time. MEXC traders choose their own profit-sharing agreement, which averages 10-20%.
There is no minimum investment, so traders of all budgets are catered for. MEXC is also a great option for asset diversification. It supports hundreds of spot trading markets, plus leveraged futures. MEXC also offers 0% trading commissions for both market takers and makers. Daily crypto withdrawals of under 20 BTC allow traders to remain anonymous.
Auto Trading Tools
Copy trading
Account Minimums
No minimum
Pricing Structure
Profit-sharing fees are set by each bot provider. Averages 10-20%.
Pros
Top-rated crypto exchange with copy trading tools
Thousands of verified traders can be copied
No minimum investment requirements
0% commission on spot trading markets
Cons
Some crypto traders have aggressive and high-risk strategies
Anonymous accounts are only available when depositing crypto
9. OKX Trading Bot – Free and Premium Crypto Auto Trading Bots With Huge Liquidity
OKX is one of the best crypto auto trading platforms for bots. These are pre-programmed bots that automatically buy and sell crypto based on specific conditions. Unlike copy trading, this means you can auto trade crypto 24 hours per day, 7 days per week. If you’re on a budget, OKX has developed several trading bots itself.
These are offered for free, but you’ll still need to cover trading commissions. That said, the most profitable bots are created by other traders. There are more than 9 million to choose from on the OKX marketplace. Bots can be sorted by the backtested APY, total assets under management, or the number of subscribers.
Each bot provider charges a profit-sharing fee. This averages 10-30% but expect to pay more for those with the highest returns. After you’ve selected a bot, you can choose your preferred stakes and risk-management metrics. Thereon, you can sit back and allow the bot to trade on your behalf.
Auto Trading Tools
Auto trading bots
Account Minimums
No minimum
Pricing Structure
Profit-sharing fees are set by each bot provider. Averages 10-30%.
10. TradeSanta – Simplifies Trading With Customizable Bots
TradeSanta is a promising crypto auto trading platform launched in 2018 to simplify trading for beginner and professional traders. With proprietary algorithms, they offer fully customizable bots to execute trades 24/7 based on preset conditions.
The platform can connect with several leading crypto exchanges through API keys, allowing traders to manage multiple accounts and exchanges from TradeSanta’s trading terminal. This removes the need for manual trading on different platforms.
TradeSanta offers several bot templates for long and short strategies, alongside a custom template to build bots from scratch. Users can use technical indicators to configure trading bots based on RSI, MACD, and Bollinger signals. The platform offers facilities like risk management through One-Cancels-the-Other (OCO) orders to minimize potential losses and take-profit orders to lock in gains.
TradeSanta supports 12 crypto exchanges and over 6,000 cryptos, with monthly subscription plans ranging from $18 to $25 (billed annually). There’s also a demo account for testing bots and strategies without using real money.
Auto Trading Tools
Customizable bots, long and short strategies, technical indicators
This includes the bot type (e.g. martingale, spot grid), APYs over the prior three months, and the maximum drawdown. You can also filter bots by the preferred crypto pair. Profit-sharing fees apply and these are set by the bot provider. The second option on Gate.io is futures copy trading. You’ll get to mirror the most successful futures traders like-for-like.
This will appeal to traders who seek high leverage and short-selling capabilities. The third option is also copy trading but in the crypto spot markets. Similar to bots, Gate.io offers many filters to find the perfect copy trader. What’s more, copy traders also set their profit-sharing rates.
Auto Trading Tools
Copy trading and auto trading bots
Account Minimums
No minimum
Pricing Structure
Profit-sharing fees are set by each bot provider/copy trader.
Pros
Offers copy trading and automated bots
No minimum investments on either tool
Supports spot trading and leveraged futures
Hundreds of crypto pairs are listed
Huge trading volumes provide premium liquidity
Cons
Reduced trading commissions require large monthly volumes
12. KuCoin – Auto Bots With Leverage and High-Risk Strategies
If you’re looking for the highest return on investment, KuCoin could be the best crypto auto trading platform. It offers over 13 million auto bots, many of which adopt a high-risk, high-return strategy. For example, there are plenty of bots that trade leveraged futures at 100x.
In addition, KuCoin also offers Martingale bots. These double the investment stake if the bot loses a trade. This keeps happening until the bot secures a winning position. Some KuCoin bots have made several thousand percent in the prior 24 hours alone.
However, these are high-risk strategies, so ensure you consider the risks. That said, KuCoin also offers lower-risk bots that are aimed at long-term investors. This includes dollar-cost averaging and portfolio rebalancing. Other than the six free bots that were created by KuCoin, all others come with a profit-sharing fee.
Auto Trading Tools
Auto trading bots
Account Minimums
No minimum
Pricing Structure
Bots created by OKX are free to use. Non-OKX bots come with a profit-sharing fee
Pros
Supports more than 13 million trading bots
Ideal for high-risk traders seeking huge returns
Bots created by OKX are free to use
Supports over 700 cryptocurrencies
High leverage limits are available when trading futures
Cons
High-risk bots can blow through your entire account balance
13. Pionex – User-Friendly Platform With Built-in Trading Bots like Grid Trading Bot
Pionex is a popular crypto auto trading platform well-known for offering users built-in trading bots. The platform offers several bot options with different trading styles, market conditions, assets, and investment opportunities.
Grid Trading Bot is one of the best-performing bots available on Pionex. This bot helps users profit from market fluctuations by placing buy and sell orders within a predetermined price range. The bot executes trades and captures small profits from each transaction as prices fluctuate. This works fairly well where markets are side-trending or even showing some volatility.
The Martingale Bot is another popular bot for relatively more risk-tolerant users. It increases the investment amount after a loss and aims to recover losses and make a profit when the market eventually turns favorable.
These bots are very user-friendly and easy to set up with just a few clicks. This platform also provides in-depth tutorials and customer service support to help users optimize their trading strategies.
14. SMARD – Automated Trading Platform Using a Momentum-Effect-Driven Algorithm
SMARD is a promising auto trading platform for crypto that offers an automated trading bot programmed that allows users to execute trades without any manual setup. Its key feature is using a highly intelligent, momentum-effect-driven scientific algorithm for auto trading.
It has an effective and systematic approach to identifying the potential of winning in markets. This is purely based only on the successful track record—backed for years with historical data in operation.
The platform does not require traders to intervene since it operates 24/7, ruling out the option of giving/going for emotional decisions. This helps in real-time market data analysis to increase the speed of trade execution.
Unlike some other platforms, SMARD does not use leverage in its operations. It focuses on trading highly liquid instruments with strict risk control measures, such as stop-loss and trailing stop mechanisms to ensure a low-risk trading environment. The platform charges a low commission only after achieving profitability with no upfront fees. Clients are required to pay only 10% of their profits after 30 days.
Also, SMARD allows traders to use their accounts for personal trading without interference from the bot. Thanks to its research-backed algorithm focusing on the momentum effect, it ensures that automated crypto trading results in high returns with low risks.
Auto Trading Tools
Automated trading bot with momentum-effect-driven algorithm
Account Minimums
NA
Pricing Structure
Low commission only after achieving profitability, 10% of profits after 30 days
Pros
Uses a momentum-effect-driven scientific algorithm.
WunderTrading is a popular auto-trading platform that allows users to manage portfolios across multiple exchanges, trade cryptos, and use trading bots for automation. Currently, it supports 15 major crypto exchanges, including Binance, Kraken, and OKX. It offers four subscription packages: Free, Basic, Pro, and Premium, ranging from $0 to $62.97 per month (when billed annually).
Users can create, test, and use trading strategies for specific crypto pairs within a set timeframe. The bots can automatically buy or sell assets based on signals and help traders protect against volatility.
Additionally, Investors can copy and use successful traders’ strategies in their automated trading bots. This feature is great for beginners looking for high-profit returns without needing to time the market movement.
The platform’s crypto portfolio tracker lets users enter purchases, returns, and sales information. This tracker can be updated manually or linked through an API from an exchange for easy tracking. Users can place orders manually at connected exchanges using a terminal powered by TradingView. Users can buy crypto with credit or debit cards, though fees can range from 3.5% to 5% with a $10 minimum due to the service being powered by Simplex.
Auto Trading Tools
Trading bots, strategy creation, copy trading
Account Minimums
NA
Pricing Structure
Subscription packages (Free to Premium, $0 to $62.97 per month, billed annually)
16. Kryll – Top Auto Trading Platform with an Advanced Trading Terminal
Kryll is an innovative auto-trading platform offering a suite of automated trading tools and strategies. Its standout feature is a no-code bot editor that simplifies strategy creation with a user-friendly drag-and-drop interface, making advanced trading accessible to all skill levels.
The platform has a marketplace with over 280 trading strategies, allowing users to rent from seasoned traders, making it ideal for newcomers looking for proven methods.
Moreover, Kryll’s smart trading terminal allows complex trade execution with advanced triggers and risk management options. It integrates with major exchanges like Binance, Kraken, and Crypto.com for comprehensive portfolio management.
The platform operates on a ‘Pay-As-You-Go’ basis, using KRL tokens for transactions offering fee discounts and benefits through its holding program.
Additionally, Kryll promotes teamwork by allowing users to exchange strategies and make money, along with a mobile trading app.
Auto Trading Tools
No-code bot editor with drag-and-drop interface
Account Minimums
No minimum
Pricing Structure
‘Pay-As-You-Go’ model, pay only for what you use
Pros
Intuitive no-code strategy editor for easy bot creation.
Access to 280+ trading strategies in the marketplace.
17. OctoBot – Open-Source Bot With Automated Trading and Backtesting
OctoBot is an open-source bot for automatic crypto trading that is designed to assist a user in setting up individual trading strategies to help create a favorable market environment. It is compatible with popular exchanges like Binance, Coinbase Pro, KuCoin, Kraken, and FTX.
The platform offers features such as automated trading, backtesting, and portfolio management. Other key features include handling real-time market data, ensuring safe transactions by applying risk management tools like stop-loss, and even two-factor and encrypted authentication support. It’s designed for a simple and fast setup and integrates all leading wallets and exchanges.
For example, a beginner can use automated strategies with OctoBot Cloud, making investments according to predefined strategies but at different risk levels.
Additional features of the platform include backtesting, automation of TradingView strategies, and portfolio tracking with support for many exchanges. It’s worth noting that the ‘Investor plan’ is free, but traders can find and subscribe to the rates for the Investor Plus and Trader plans.
Notably, OctoBot is open-source and community-driven by nature. While its user interface has improved and made it more user-friendly, the initial setup may be more complex than commercial trading bots.
18. HaasOnline – Offers Customizable Order Types, Bot Extensions, And Market Scanners
HaasOnline is a well-known crypto auto trading platform that provides different products related to algorithmic trading. These products include its customizable order types, bot extensions, market scanners and portfolio management via TradeServer and its cloud.
They also give traders risk management strategies that could be used in diverse market conditions. The platform allows for automatic trading and supports custom preset trading strategies. It also offers a backtesting engine with historical data and a visual editor with HaasScript.
Other than that, it comes with other custom bots, including trade bots, email bots, IntelliAlice bots, Mad Hatter bots, and market-making bots. HaasOnline currently offers three plans: Beginner, Simple, and Advanced, with different features and costs based on the license duration.
The platform is user-friendly for beginners and advanced traders despite a learning curve for beginners. It does have pre-set trading strategies that beginners can use, while experienced traders can create custom bots using HaasScript.
Auto Trading Tools
Customizable order types, bot extensions, market scanners, portfolio management
Account Minimums
NA
Pricing Structure
Three plans (Beginner, Simple, Advanced), varies based on license duration
Pros
Provides customizable order types and bot extensions.
19. Skilling – Trade Crypto Passively With Over 400+ Copy Trading Strategies
Skilling is a popular CFD broker that offers copy trading tools. There are more than 400 trading strategies to choose from, discoverable via user-friendly filters. Traders can be selected based on their past performance, average holding time, maximum drawdown, and much more. Eligible users can also apply leverage when copying traders.
The maximum leverage is 1:50 up to the first $1,000 and 1:5 thereon. Skilling makes it simple to keep tabs on your chosen traders. In addition to web browsers, Skilling is available via an Android and iOS app. Although Skilling offers a safe place to auto trade crypto, fees are much higher than on other platforms.
The platform charges volume fees of up to $10 per trade. Fees are set by the respective copy trader and not Skilling. Copy trading positions are proportioned to the amount invested. The minimum deposit on Skilling is €100 and the platform accepts debit/credit cards and e-wallets.
Auto Trading Tools
Copy trading
Account Minimums
€100 minimum deposit. Copy trading minimums are set by traders
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Phemex is an emerging crypto trading platform offering a range of features tailored to beginner and experienced traders. Its auto-trading platform allows users to automate trading strategies using trading bots. This feature benefits those seeking to engage in futures and spot grid trades without constant manual intervention.
It offers a variety of automated trading bots, catering to different market conditions and trading strategies. With over 151,646 global bot traders and earnings crossing $1,124,307, Phemex’s bots are widely used.
The platform’s Bot Marketplace is an important feature where users can share and copy trading strategies. It simplifies access to successful trading techniques. While Phemex trading bots are free, standard trading fees based on VIP level apply.
It offers spot trading with over 300 crypto pairs. The platform supports USD and crypto futures contracts with leverage options up to x100 for derivatives.
Phemex’s fee structure includes a 0.1% spot trading fee for both makers and takers. Futures trading involves a 0.01% maker fee and a 0.06% taker fee. The platform doesn’t charge deposit fees and has competitive withdrawal fees, varying depending on the crypto.
Auto Trading Tools
Auto trading bots
Account Minimums
No mimimum
Pricing Structure
Bots are free to use
Pros
Automated investing via sophisticated crypto bots.
Over 300 crypto trading pairs available.
Up to 100x leverage on futures.
No deposit fees, competitive withdrawal fees.
Cons
Beginners may find some advanced tools complex to use.
21. 3commas – Build a Custom Auto Bot Without Algorithmic Experience
3commas is a great option if you want to build a custom trading bot. There are many different features available, all suitable for beginners. This is because 3commas doesn’t require any algorithmic knowledge. Instead, simply set your bot parameters step-by-step. For instance, the bot can automatically rebalance your portfolio, dollar-cost average, or short-sell specific pairs.
The bot will only trade once your pre-defined conditions are triggered by the markets. For example, you might choose to buy Bitcoin when it dips by 3%. Alternatively, the bot could automatically rebalance your portfolio when there’s too much exposure to a certain crypto.
If you have experience with technical analysis, 3commas is also ideal. It can enter and exit trades based on technical indicators like the 200-day moving average and MACD. 3commas comes with a paper trading facility, so you can test-drive a bot in risk-free funds. It connects with many crypto exchanges via an API, including OKX, Binance, and KuCoin.
Auto Trading Tools
Build a custom auto trading bot from scratch
Account Minimums
N/A
Pricing Structure
N/A
Pros
Build a custom trading bot based on your preferred strategy
22. eToro – Popular Auto Crypto Platform With Copy Trading and Smart Portfolios
Beginners will find that eToro is a popular platform for trading crypto automatically, and offers a safe space to trade crypto passively. There are two auto trading tools to choose from. First, there’s the copy trading tool. This automatically replicates an experienced crypto trader.
For instance, suppose the trader buys some widely explosive altcoins, such as Uniswap, Cardano, and Dogecoin. The same positions will automatically be copied into your eToro account. The amounts are based on your original investment. So, if the trader risks 10% of their portfolio on Shiba Inu, and you invested $1,000, you’ll own $100 worth of SHIB.
There are thousands of verified traders to choose from, but you’ll need to invest at least $200. The second auto trading option on eToro is smart portfolios. These are longer-term products and are professionally managed. This means eToro automatically rebalances and reweights smart portfolios on your behalf. There are several to choose from, each targeting a specific crypto niche.
Smart portfolios have a higher minimum investment requirement of $500. That being said, no additional fees apply on either product – meaning no profit sharing. Investors only need to cover eToro’s standard trading commission of 1%.
Auto Trading Tools
Copy trading and smart portfolios
Account Minimums
$200 (copy trading) and $500 (smart portfolios)
Pricing Structure
No fees for either auto trading tool. Investors cover the standard trading commission of 1% per slide
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
What is Cryptocurrency Auto Trading?
Crypto auto trading allows you to invest in digital assets passively. This is a big draw for many, as crypto trading is a complex battleground. Not only do you need to deal with volatility but researching the markets can be time-consuming. In contrast, auto trading completely automates the investment process.
There are different ways of trading crypto automatically. Some investors like using auto bots. These buy and sell crypto pairs based on pre-defined conditions. A simple example is a bot buying Bitcoin when it drops by 2%. And then selling when it increases by 2%. This strategy allows investors to take advantage of 24/7 volatility.
Although bots can be risky, most are pre-installed with risk-management tools. For instance, they automatically deploy stop-loss and take-profit orders. Another way to automatically trade crypto is copy trading. This means you’ll ‘copy’ an experienced crypto trader like-for-like.
For example, suppose you invest $500 into a trader. The trader allocates 15% of their portfolio to Cardano. Automatically, you’ll buy $75 worth of Cardano, as this is 15% of your $500 investment. Alternatively, some investors prefer building custom bots based on their preferred strategy and risk tolerance. Several platforms offer drag-and-drop tools, so no algorithmic experience is needed.
How to Pick the Best Crypto Auto Trading Platforms for You
If you’re still not sure which platform is right for you, read on. We’ll now explain how to choose the best Bitcoin auto trading tool for your investing goals.
Regulation
Most crypto auto trading platforms are exchanges. Considering many exchanges are unregulated, it’s important to assess safety. For instance, Gate.io, Bybit, and KuCoin have a questionable regulatory framework. What’s more, if one of these exchanges ran into financial issues, there are no consumer protections.
Once regulation and safety have been assessed, you can then decide which auto trading tools you want to use.
Here’s a recap of the most popular options:
Copy Trading: You’ll automatically copy a successful crypto trader. Anything they buy or sell is copied into your portfolio.
Auto Bots: Alternatively, auto bots are pre-programmed algorithms that automatically buy and sell crypto. Trades are only placed when certain conditions have been met.
Custom Bots: You can also build a custom bot based on your preferred strategy. Once the bot has been backtested, you can deploy it on a third-party exchange.
Each auto trading option comes with benefits and drawbacks. Make sure you research each independently before making a decision.
Tradable Cryptos
Now that you’ve selected an auto trading tool, you’ll need to research which cryptocurrencies the platform supports. Most platforms support Bitcoin, Ethereum, and other large caps. However, if you’re looking to trade the best low-cap coins, you’ll need to do some digging.
In addition, there are several different ways to trade the same cryptocurrency. This includes traditional spot trading, plus derivatives like perpetual swaps, futures, and options. These metrics should be considered when choosing the best crypto auto trading platform.
Fees
Trading crypto automatically doesn’t need to be an expensive process. However, some platforms charge more than others. So it’s important to know what you’ll need to pay.
Copy trading and auto bots usually come with a profit-sharing fee.
This averages 10-30%, depending on the provider.
This means you’ll lose a chunk of any profits made on your behalf.
That said, you won’t be charged for losing positions.
How Profit-Sharing Fees Work
When crypto trading with auto tools, most providers have profit-sharing fees.
In simple terms, this means you’ll pay a performance fee every time a profitable trade is made on your behalf.
For instance, suppose you’re using a crypto bot that charges 10%. The bot enters a $500 position.
A few hours later, the position is closed at 5% gains. This means the bot made you $25.
The bot keeps $2.50 (10% of $25), leaving you with net gains of $22.50.
Minimum Investments
The best crypto auto trading platforms do not have a minimum investment requirement. This means you can deposit and invest any amount of your choosing.
That said, some providers do stipulate certain minimums. For example, eToro’s copy trading tool requires a minimum investment of $200 per trader. Binance trading bots also come with minimums, but this usually only a few dollars.
Risk Management
Auto trading allows you to take a hands-off approach to crypto. However, the process can be risky. This is why the best Bitcoin auto trading platforms offer risk management tools.
You can usually set custom stop-loss limits.
For instance, you might not want to lose more than 10% on any trade.
Should a trade decline by 10%, the platform will close it automatically.
This is the case even if the auto trading tool kept the position open.
Payment Methods
You’ll need a funded account when using an auto trading platform. Not only to fund your crypto trades but also to pay fees.
These platforms are regulated brokers, so they directly accept fiat payments. If you’re happy to deposit crypto, you can use a traditional exchange like Binance.
Customer Service
Top-notch customer service should be offered by your chosen auto trading platform. Live chat is the best contact method, but this isn’t always available.
Even if it is, long waiting times are often required, considering some platforms have millions of active users. You can test this out by sending a message and seeing how long it takes to receive a reply.
User Experience
Although crypto auto trading offers a passive investing experience, not all platforms offer a user-friendly experience.
Opening an account, depositing funds, and choosing an auto trading tool should be a simple process. Keeping track of your profits and losses should also be seamless.
Is Cryptocurrency Auto Trading Legal?
No countries have regulations banning auto trading tools. That said, you’ll need to consider the legalities of crypto trading in general. For example, some countries have outlawed all forms of crypto trading, including China.
With this in mind, it’s important to evaluate crypto trading laws in your country of residence. If crypto trading is legal, then so will auto tools like copy trading and bots.
Conclusion
In summary, we’ve revealed the best ways to auto trade crypto and which platforms should be considered. Dash2Trade is the standout provider, considering its unique no-code strategy editor for easy strategy creation. It also has a smart trading terminal that supports advanced trading features.
We rate Dash2Trade as the best crypto auto trading platform. It offers access to an exceptionally wide range of products.
What platforms can you auto trading crypto on?
If you’re looking for auto trading bots, consider Dash2Trade, WienerAI, Kryll, KuCoin, Binance, or OKX. Alternatively, the best platforms for copy trading are MEXC and Bybit.
Can auto trading bots make you a millionaire?
Although some crypto auto bots are profitable, becoming a millionaire is a bit far-fetched. Instead, focus on building your bot balance organically with risk-management tools.
Does Coinbase do auto trading?
Although Coinbase doesn’t directly offer auto trading, it does support external bots via an API. Popular providers include Cryptohopper, 3commas, and Coinrule.
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Mensholong is a experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has contributed with news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He began his writing career at Reuters in 2017, covering global equity markets. In his spare time, Mensholong enjoys watching soccer, finding new music, and buying BTC and ETH for his crypto portfolio.