Binance trading bot is one of the biggest crypto exchanges in terms of volume, and automating your trades at Binance can take you a great deal of time. In addition, this article will cover the five best trading bots for Binance.
Summary (TL;DR)Almost all the trading bots providers provide a paid service to their users. However, Pionex, a crypto trading bots provider and crypto exchange.
Get Pionex! Only pay a trading fee for your orders and enjoy FREE trading bots for a lifetime.
What are Crypto Trading bots?Crypto trading bots are mere computer codes programmed to help you automate your trading strategy. You can create your main trading bot by programming your trading strategy. However, various platforms provide this service for a paid subscription. Therefore, if you’re someone who has no interest in coding and wishes to automate your trading strategy, then keep reading.
How does a trading bot work?Professional coders and market experts get together to create trading bots by coding a trading strategy. Additionally, these bots automatically open and close positions on your behalf if they come across a market opportunity. Trading bots are free from human emotions. In other words, they only follow a pre-planned strategy.
What is Binance?Binance is the world’s largest trading platform in terms of volume. Therefore, the platform offers almost all the services you might be searching for in a crypto exchange, for example, Biannce margin trading, staking, lending, launchpad, crypto loans, etc.
To learn more read, the Binance review. Additionally, Binance also offers its crypto card; read Binance card review to learn more.
Binance Trading Bots: Binance Best Binance Trading BotsYou might be the best trader; however, nobody can keep an eye on the market when they’re sleeping. And since crypto assets are too volatile, it would be careless to sleep on your leveraged positions. This is where crypto trading bots come in; they automatically get returns if the market goes with your strategy. Additionally, they cut your losses if it goes against your strategy.
Therefore below are the best crypto trading bots for Binance that might be of interest to you.
3Commas – 1st Binance Trading Bot What is 3Commas?3Commas is an online platform that helps individuals trade cryptocurrencies using automated bots. It is preferred by individuals that lack a technical background in finance or experience in stock markets.
3 Commas FeaturesCoinrule is an automated trading platform that caters to a range of traders, from beginners to more experienced individuals seeking sophisticated trading strategies. It allows users to create complex trading rules without the need for coding, using an intuitive “If This Then That” logic. This setup is particularly appealing to advanced traders looking to capitalize on market opportunities 24/7 across multiple exchanges.
Is Coinrule Legit?Coinrule is a legitimate platform that has been operating since 2017 and is based in the UK. It adheres to high-security standards and only integrates with reputable exchanges, ensuring user funds remain protected. The platform is Y Combinator-backed, highlighting its credibility and the trust it has garnered within the tech and investment communities. Operating from the UK with such robust backing further solidifies Coinrule’s reputation in the cryptocurrency trading space.
Try Coinrule Coinrule Features– Automated Trading: Set up trading bots with customizable strategies.
– Marketplace of Strategies: Access a community-driven library of pre-built trading rules.
– Backtesting Tools: Test strategies using historical data to assess potential performance.
– Cross-Platform Compatibility: Integrates with over 10 top cryptocurrency exchanges.
– Security: High-standard security protocols to protect user data.
Coinrule offers several pricing tiers to suit different types of traders:
– Starter: Free, basic features with limited rules and trading volume.
– Hobbyist: $29.99/month, more rules and higher trading volume.
– Trader: $59.99/month, for active traders with even more rules and priority support.
– Pro: $449.99/month, all features unlocked with unlimited rules and the highest trading volumes.
Bitsgap is among the most popular trading bots on the market. Moreover. it supports 25+ trading platforms, including Coinbase, Binance, Poloniex, Kraken, Bitfinex, etc., hence, caters to almost all the platforms you might be using. Furthermore, the platform allows customers to test the bots in a demo mode before spending any real money in the market.
Additionally, Bitsgap recently launched a Binance Futures trading bot that automates your futures trading with minimal risk.
Binance Trading Bots: Bitsgap Bitsgap Features Bitsgap Binance Futures Trading botThe Bitsgap Binance futures trading bot was explicitly created to profit from both rising and falling markets. And since the bot takes advantage of leverage, it may create returns up to 1000 times faster than the spot market.
The Bitsgap bot completely automates futures trading. However, since it involves leverage, there are potential risks with running the futures trading bot. For instance, it can result in both big profits and significant losses. To learn more, read Bitsgap futures trading bot.
Trading terminalBitsgap trading terminal provides almost all the necessary trading tools. Most crypto exchanges do not offer you this opportunity since they are instead focused on providing you the best liquidity. Read the Bitsgap review to learn more.
Bitsgap demoThe team at Bitsgap uses machine learning to study historical data and analyzes the bots that have proven to maximize profitability. Therefore, using the Bitsgap demo mode, you can choose from a list of trading pairs, where the bots have proven to be highly successful. After that, you can try those bots without investing any real money.
Grid trading botThe Bitsgap Grid trading bot allows traders to set the range and limits for investment and then automatically opens and closes positions in that range. Moreover, the bot works in both long and short strategies and places a buy/ sell order when a sell/ buy order executes.
Bitsgap SignalsThe platform also offers market signals or price anomalies that could turn into a potential market opportunity. Bitsgap allows you to search a particular crypto asset or sort them based on the assets/ exchange you use.
Bitsgap PricingThe platform primarily offers three plans to its users with premium features. Additionally, you can start with a 14-day free trial and go ahead with one of the plans below:
Binance Trading Bots: Bitsgap pricing Is Bitsgap legit?All of your assets are kept safe in the wallet of your crypto exchange. It is so because the bot connects your trading platform to Bitsgap via API keys and does not have the right to make a withdrawal on your behalf. Furthermore, the platform suggests using 2FA, and if you make too many incorrect login attempts, your account will be locked.
Bitsgap: Pros and Cons SMARD – 4rth Binance Trading Bot What is SMARD?SMARD stands as a fully automated trading solution, catering to the needs of both seasoned traders and newbies seeking to avoid the complexities of market analysis. The software is fully equipped with a comprehensive set of portfolio management techniques, so clients do not need to change any parameters manually.
SMARD trades both spot and futures instruments:Regardless of the instruments you choose to trade, SMARD uses the momentum effect. Which one to choose? Choose both as these strategies provide different trading results in different market conditions, and we always suggest diversifying.
SMARD FeaturesA free DEMO mode is also available on the site to allow users to explore the functionality of the platform in detail.
Is SMARD safe?Clients link their exchange accounts to the platform by utilizing API keys, ensuring that withdrawal access is restricted. Moreover, SMARD encourages clients to specify their IP addresses in API key settings to enhance security. This design ensures that all user funds remain securely under their control, with no transfer to any external third party.
SMARD Pros and Cons CryptoHopper: 5th Trading Bot for Binance What is CryptoHopper?CryptoHopper is an all-in-one trading platform that provides services such as trading bots, exchange arbitrage, copy trading, backtesting, strategy designer, etc. In addition, the platform offers different kinds of trading bots, including one for crypto signals Telegram channels. The most crucial feature of CryptoHopper is its MarketPlace.
To learn more, read the CryptoHopper review.
CryptoHopper Features Market Making botCryptoHopper is one of the few market-making bots available. This bot helps market makers take a return from the difference between ask and bit, called the spread. In addition, they buy and sell the assets immediately to take a return. However, the CryptoHopper market-making bot works using different strategies with different market trends. To learn more, watch the video below:
CryptoHopper Market Making Arbitrage toolThere are many arbitrage trading bots in the market. However, the CryptoHopper arbitrage bot takes returns from the price difference of an asset between two exchanges. Furthermore, it searches for price discrepancies of an asset on a single exchange. To learn more, refer to the crypto arbitrage guide.
Strategy designerThe strategy designer at CryptoHopper allows you to develop your trading strategy using various technical indicators. You can do so by selecting the indicators on CryptoHopper and matching them with your TradingView settings. And when you’re finally done, you can backtest your trading strategy. Moreover, on successful results, you can run a trading bot based on your trading strategy. To learn more, watch the below video.
CryptoHopper Strategy designer Paper trading modePaper trading mode or the backtesting mode helps you test your trading strategies and bots before investing any real money. It is highly advisable that traders should not invest their money on an unfamiliar platform. For instance, with CryptoHopper paper trading, you deposit fake funds in your account and trade using them until you’re ready to invest real money.
CryptoHopper Signals Telegram botCryptoHopper Telegram bot is comparable to chatbots. In addition, they assist you in automating your trading and allow you to follow crypto signals with a single click. Except for your crypto exchange API keys, these bots operate via Telegram and don’t need third-party apps.
To learn more read, CryptoHopper Signals Telegram Bot.
MarketPlaceThe MarketPlace is heaven for beginners investing in crypto. Moreover, it provides templates, trading strategies, crypto signals, and apps. You can choose from a range of service providers at the CryptoHopper marketplace. However, the services at MarketPlace are usually provided by third-party service providers.
To learn more, read the CryptoHopper review.
CryptoHopper PricingCryptoHopper primarily comes in four different subscription plans, as shown below. You can start with the Explorer plan and get a free trial. Moreover, you can also choose an annual membership and get a discount on the monthly charges.
Best Trading Bots for Binance: CryptoHopper Pricing Is CryptoHopper safe?The platform has been up and operating for more than three years with no serious issues that have caused customers to lose money. In addition, CryptoHopper uses API keys and hence does not has permission to process withdrawals from your trading exchange.
Please be aware that using automated bots like Hoppers to trade is dangerous in extreme market conditions. Therefore don’t risk more than you could ever stand to lose.
CryptoHopper: Pros and Cons Quadency: 6th Binance Trading Bot What is Quadency?Quadency helps you automate your crypto trading strategy by supporting 15+ trading strategies and more than 35 crypto exchanges. Quadency also provides portfolio analysis, advanced charting options, market research from industry experts. To learn more read, the Quadency review.
Quadency also offers its Pro version for FREE if you use one of its official exchange partners to trade. To learn more, you can visit Quadency.
Binance Trading Bots: Quadency Quadency Features Grid Trading BotThe Grid trading bot by Quadency follows the Grid strategy by placing buying and selling orders in a specified Grid. As the prices move up or down, the orders get fulfilled, and the bot places new orders accordingly.
To try different types of grid trading bots, read the 3 best Grid trading bots.
Market Maker botThis bot follows the Market making strategy by automatically placing two limit orders, one buy, and the other sell. The basic principle is to buy low and sell high, and once both the orders are executed or the stop-loss is hit, the bot creates two new limit orders.
Portfolio RebalancerThe Portfolio Rebalancer helps you diversify your portfolio by dividing your funds proportionately. Therefore, whenever the price of a particular asset moves, the bot automatically liquidates and buys the assets based on your portfolio allocation. To learn more, read the Rebalancing strategy for your crypto portfolio.
TradingView BotYou can also connect your TradingView account with Quadency using Webhooks. As a result, you may put your unique strategy into action by creating alert conditions depending on the signals in your TradingView account.
Quadency PricingQuadency provides its services in three plans, Free, Pro, and Unlimited. You get a 20% discount on getting an annual subscription. You can also get the Pro version for free by using a Quadency partnered exchange. Additionally, you can find the details of each plan below:
Binance Trading Bots: Quadency Pricing Is Quadency Legit?Quadency is a trusted New York City-based crypto trading bots provider. Moreover, Quadency uses API keys to connect your trading platform with the bots. The platform also provides you 2FA.
Quadency: Pros and Cons CryptoHero: 7th Trading Bot for Binance What is CryptoHero?CryptoHero uses AI to provide crypto trading bots. Furthermore, you can easily sign-up to CryptoHero and try paper trading mode before investing any real money. The platform also allows you to customize a bot in many options such as long/ short strategy, funds allocation, etc. Moreover, you can specify entry conditions that include technical indicators and exit conditions, which include take profits, stop loss, and indicator triggers.
Binance Trading Bots: CryptoHero CryptoHero Features AI optimized botsAll the trading bots at CryptoHero use technical indicators and pre-specified conditions to enter and exit markets. Additionally, the bots use AI to automatically enter the market when all the specified conditions are met. And finally, exit when either of the conditions is achieved.
Top bots on DashboardThis section on the Dashboard gives you a list of best performing bots during the selected duration. You can simply hit the bot icon and copy all the settings to create the bot of a particular market.
BacktestingSuppose you don’t wish to take a subscription plan before trying out the platform. In that case, you can simply sign-up to CryptoHero and then use the backtesting feature. As the backtesting allows you to run your bot and execute your strategy without putting any real money in your trades.
CryptoHero Referral ProgramYou can participate in the CryptoHero referral program by signing up through your email and getting your unique links. However, as per users’ demands, the referral program at CryptoHero is being modified. The new revamped referral program will be up by July 2021.
CryptoHero PricingCryptoHero offers three plans to its users, and one of them is for free. Furthermore, you get two months free if you go for an annual subscription. You can check the perks of subscription plans at CryptoHero below:
Best Trading Bots for Binance: CryptoHero Pricing Is CryptoHero safe?CryptoHero bot supports over ten trading platforms, including Gate.io, Coinbase Pro, Kucoin, Binance, etc. CryptoHero connects the trading bots to these platforms using API keys. Hence the bots can only place orders on your behalf and cannot process withdrawals.
CryptoHero: Pros and Cons HaasOnline: 8th Best Binance Trading Bot What is HassOnline?HaasOnline is one of the oldest crypto trading bots providers. The platform allows you to create a trading bot based on your trading strategy easily. You can even backtest your trading bots and invest any real money only when you’re sure of the returns made by the bot.
Binance Trading Bots: HaasOnline HaasOnline Features TradeServerThe HaasOnline TradeServer is particularly designed for experienced traders shifting from traditional markets such as Forex to the cryptocurrency market. The TradeServer is locally hosted and allows you to connect more than twenty trading platforms with HaasOnline. You can also use one of the pre-built trading bots by HaasOnline.
HaasOnline Cloud ManagementThe highly anticipated feature of HaasOnline Cloud will be live as of June 2021. HaasOnline Cloud will let you skip the worries of installing new software updates, follow signals from various third-party providers, enable copy trading of authorized traders, and trade on any device. Since it is not yet in the market, you can join the waitlist for HaasOnline Cloud Management.
HaasOnline Cloud Management HaasScriptHaasOnline allows you to create your trading bots. Therefore the platform came up with its crypto scripting language called the HaasScript that supports more than 600 commands. It will enable you to code your trading bots, create and interpret signals, etc.
BacktestingThe platform allows you to test your trading strategy using high-quality historical or real-time data before investing any real money through backtesting. You can use the HaasOnline backtesting feature to prevent unnecessary losses.
HaasOnline PricingHaasOnline provides three different subscription plans, Beginner, Simple, and Advanced. In addition, you can choose from the 3-month, bi-annual, and annual plan durations. However, you’ll have to pay the subscription charges in BTC, and you also get a discount on the yearly subscription plan. To learn more about features, refer to HaasOnline or the image below:
Is HaasOnline Safe?HaasOnline is one of the oldest trading bot providers located in Rotterdam. Its platform is a product of the experience of Quintus de Haas, Josh Becker, and Rustim Rhoda. Most importantly, they know what they are doing, i.e., providing the safest trading bot software. With the launch of HaasOnline Cloud Management, the platform will turn out to be extra secure and efficient.
HaasOnline: Pros and Cons ProfitFarmers: 9th Best Binance Trading botProfitFarmers is a revolutionary new technology that combines high-win-rate trading signals with copy-trading and a Binance trading bot (only Binance.com – NOT Binance.US).
It’s the first crypto trading bot of its kind. You just select a trading plan, adjust it to your strategy and risk tolerance, then let the bot handle the rest. In 2021 their system had a 78% win rate!
It’s a complete, semi-automated trading platform that includes crypto signals, copy-trading, and auto-trading PLUS advanced trading tools like:
Think of it as a regular bot, except it can also make more “intelligent” decisions. First, you get high-probability trade signals. Then you can program it to ladder into trades, move your stop-loss, automatically exit trades when they deviate from the plan, and more.
It’s not really a “trade bot” like you’re used to. It’s more than that. Actually, no bot comes close to matching these features.
Want to see everything ProfitFarmers can do to take your game to the next level? Check out our full review of ProfitFarmers here ($100 off coupon inside!).
ProfitFarmers Features Trading SignalsProfitFarmers’ signals form the backbone of your trade. Their algorithm dynamically scans the market, looking for optimal trade opportunities. Then, their expert team handpicks the best signals and hands you a trading plan, including:
In 2021, their completed signals (ones that didn’t break even) won a remarkable 78% of the time. You then use these signals to feed your “Binance trading bot”.
Copy-TradeOnce you have your trade plan, all you have to do is copy-trade.
You copy their plan and select how much money you’d like to trade. Then, you can adjust as much or as little as you like.
For example, instead of the volatility of buying in at one price or risking missing the trade altogether, you can choose Laddering Mode, and the system automatically ladders you into the trade at the optimal average price (see next feature for full explanation). You can even adjust the stop-loss and take-profit targets if you want.
Once your plan is ready, you just click a single button to execute the trade.
ProfitFarmers Copy Trading Laddering ModeLike mentioned above, this feature automatically spreads your entry price across 5 separate prices within the entry zone (the range of prices in which to “buy into” the trade).
That way, you automatically get an optimal “average” entry price, instead of risking a higher entry price (or missing the trade altogether). It’s ideal for traders who just want to “set it and forget it”, and just have peace of mind knowing they got a great entry price without having to nail the exact right timing or take on much risk.
Break-Even Stop-LossBreak-even stop-loss (BESL) protects your profits in the event a trade goes sour by automatically moving your stop-loss up whenever a trade reaches a take-profit target.
For example, if you buy in at $50,000 with a take-profit target of $60,000 and a stop-loss of $45,000, your BESL automatically moves your stop-loss up to $50,000 once the price hits $60,000. That way, you’re protected from losing the trade even if you’re away from the screen.
Trade GuardianTrade guardian automatically exits a trade when the system detects the trade deviating from the plan.
Normally, you’d need to personally monitor each trade or at least be near a device to receive a notification to exit a potentially disastrous trade. With Trade Guardian, you’re protected even if you’re away. The system will close the trade for you if it senses anything going wrong.
RSI and Price-Action ScannersThese two features condense relative strength and price-action into simple-to-understand visual aids that display key trading knowledge.
The relative strength index shows you overbought and oversold assets at a glance without needing to do technical analysis.
The price-action scanner tracks Fibonacci levels in 11 periods and 8-time frames, giving you key insight into profitable trading pairs. This scanner uses a simple colour-coded scheme to show you which are the most interesting pairs to trade and which ones you should stay away from. That way, you can take your life back from pouring over charts. All you have to do is check the scanner, see which colour the pair is, and base your decisions on that.
ProfitFarmers PricingProfitFarmers offers 3 options: monthly, quarterly and yearly. The fee includes all of the features you’ve seen here plus a bunch more.
For $299, you get high win-rate signals, copy-trading, Laddering Mode, Trade Guardian, Break-Even Stop-Loss, the advanced trading terminal, market updates, and market intelligence (scanners). And it comes with a 30-day money-back guarantee if they don’t deliver 60% win-rate signals.
Is ProfitFarmers Legit?Yes, ProfitFarmers is 100% legit, and it’s one of the few transparent and honest crypto companies out there right now. All of your money is kept in your Binance.com account. They never touch it.
The company is also open about its identity, company registration, and signals performance (they provide monthly and yearly reports). They also offer a 30-day money-back guarantee, another very rare offer in this space.
ProsTo program a Binance trading bot, connect your Binance account with the trading bot you wish to use. You’ll be able to do so using the API keys of your Binance account. You can head over to the user section’s API management and create a new API by completing 2FA. Then paste the API keys to your trading bot provider, and you’re all set to automate your trades.
However, if you wish to escape from this hustle and use a Free Binance trading bot, head over to Pionex. In that case, the platform offers you free trading bots, and you do not need to use API keys to connect your Binance account.
What are the Binance API trading bots rules?Binance offers a set of quantitative rules for Futures API trading. You can observe these rules in the table below. However, on breaking any of these rules, you can be restricted from adding to your positions or even opening new asset positions violating the rules.
The present system utilizes a retrospective calculation of the ten-minute indicator cycle to ban specific orders above a certain threshold. To learn about the Indicator definitions, head over to Binance Support.
Trading bot support BinanceIf you’re having trouble with your trading bot, first contact your bot provider and clarify all the details with them. If things are okay on their side, you can head over to the Binance FAQ section to find the source of your problems. Furthermore, if you still aren’t satisfied, you can head over to Binance chat and submit a request.
Binance Trading Bots: ConclusionIn conclusion, almost all the Binance trading bots providers in this article are famous for one thing or another. Firstly, Bitsgap has a specific Bitsgap Binance futures trading bot, which opens and closes hundreds of positions every day. Secondly, CryptoHero offers AI-optimized bots that use pre-specified conditions to enter and exit markets.
Thirdly, Quadency offers various trading bots, such as a Grid trading bot, a market maker bot, a TradingView bot, etc. CryptoHopper’s primary attraction is its MarketPlace, which offers multiple trading strategies, crypto signals, etc. Finally, HaasOnline is one of the most technically advanced crypto trading bots. With the launch of HaasOnlince, Cloud management aims to be beginner-friendly.
Frequently Asked Questions What is an open-source Binance trading bot?An open-source Binance trading bot allows you to automate your crypto trading freely. Furthermore, you can find many open-source trading bots projects such as Freqtrade on Github.
You can also sign-up for Pionex, a platform that offers FREE Binance trading bots. Furthermore, to begin trading at Pionex, all you have to do is deposit funds in your Pionex account.
Can I try HaasBot for free?For testing HaasBot trading bots and other elements of their software, HaasOnline provides freely hosted HTS versions. These would be public servers, and there may be a lot of traffic, so do not utilize personal information.
Public Servers:
Demo Server #1
Demo Server #2 (SSL)
Credentials:
Username: showme
Password: evolution
You can code your Binance crypto trading bot using HaasOnline. The platform allows you to create trading bots from scratch using HaasScript. Furthermore, you can head over to Pionex, choose one of their pre-existing bots, and customize it according to your trading strategy.
Does Bitsgap have a mobile app?Presently there is no android or iOS Bitsgap app; however, it offers a completely dynamic website that you can see on mobile browsers.
How can Quadency help a beginner trader?You can use the Quadency Grid trading bot to purchase and sell assets in a particular range simply. Alternatively, you can use a single Quadency interface to trade on several markets.
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