As the cryptocurrency market matures, and becomes more popular, so do algorithmic cryptocurrency trading platforms. If you’re new to the concept — these are platforms that allow traders to automate their trading straregies, as well as identify new trading opportunities that are not available when manually trading.
Not all trading platforms are made equal though, and the one you go for probably depends on you individual use case.
Here are some of the best cryptocurency trading bot platforms of 2023, and why you might want to consider them:
Cryptohopper offers a balanced approach between simplicity and customization. It offers several unique features that make it a good choice for new or experienced traders looking to automate their strategies on an algorithmic cryptocurency trading platform.
- Wide range of Technical Indicators: Over 130 indicators and candlestick patterns empower users to craft strategies that align with their trading styles.
- Sophisticated Strategies: Cryptohoppper offers market making and arbitrage trading although only on the highest plan.
- Signal Subscription and Copy Trading: Users have the choice to follow trading signals or mimic the trades of profitable traders.
- Backtesting: Cryptohopper offers a backtesting tool for users to evaluate their strategies against past market data.
- Starting tiers are quite limited.
- No Actual automation on the Free Tier.
3Commas aims to simplify the process of onboarding new users into trading by offering the ability to copy other, more experienced traders. They also offer…