8 Best AI Crypto Trading Bots, Apps & Software

Artificial Intelligence, or AI, has arrived on the cryptocurrency trading scene and today we are going to review some of the best ai crypto trading bots, apps, and software.

AI is the latest news when it comes to software for cryptocurrency traders and developers are constantly releasing new products that are better than the previous ones.

Today we are going to review some of the best projects on the market that stands out with user-friendly but powerful bots, apps, and software. After reading this guide, you’ll be familiar with what ai in crypto trading means, how to use it to your advantage, some of the drawbacks when it comes to ai, and also the best ai crypto trading platforms.

It’s safe to say that AI has improved the investing landscape and it makes it easier for both beginner and experienced investors to tackle difficult markets easily.

Artificial intelligence was previously not available to every trader and you needed to be exceptionally good at computer coding to have a chance at using an AI. Now, AI is available for traders and investors at all levels and you don’t have to be a tech-savvy engineer to get started.

In this guide

• Best ai crypto trading bots, apps & software
• WunderTrading
• Coinrule
• Cryptohopper
• TradeSanta
• Altrady
• Shrimpy
• Quadency
• Bitsgap
• What is AI Crypto Trading
• Is it profitable
• Benefits and Drawbacks
• Should you consider it
• What other traders ask

Top 8 AI Crypto Trading Bots, Apps, and Software Comparison

WunderTrading

WunderTrading is one of few government-regulated platforms and this has to do with the exchange part of the platform. WunderTrading is not only a great place for AI crypto bots, but it is also a great exchange to buy bitcoin cheap and trade other altcoins. This software offers the highest security on the market thanks to being regulated and is suitable for investors who prioritize safety above all else.

Features

Supported Exchanges

Pricing

Free – $0.00/month

Basic – $9.95/month

Pro – $24.95/month

Premium – $44.95/month

WunderTrading offers a 25% discount when you pay for a 24-month subscription and a 20% discount for a 12-month subscription.

Pros & Cons

Pros	Cons
Very innovative crypto trading technology	Relatively new software
Cheaper than most other ai software	Lacking high-quality educational material
Regulated in the Eurozone	WunderTrading does not offer a demo account

Coinrule

Coinrule is a software that enables traders and investors at all levels to execute great ai bots with ease. One aspect of the Coinrule platform that sticks out is the leveraged bot trading feature that lets you trade with increased buying power. This is a feature for experienced investors and I don’t recommend it to complete beginners.

If you are just starting you can enjoy a one-to-one trading session with one of the team members of Coinrule. Overall, Coinrule is extremely easy to use and it is rated number two in our list thanks to the user-friendly interface and of course, fantastic ai features for crypto traders.

Features

Supported Exchanges

Pricing

Free – $0.00/month

Hobbyist – $39.99/month

Trader Plan – $79.99/month

Pro Plan – $499.99/month

Coinrule offers a 25% discount when plans are paid for annually.

Pros & Cons

Pros	Cons
Leveraged bots for experienced investors	The Pro plan is somewhat expensive compared to other options
Offers a demo account	Coinrule does not offer a mobile app
Massive library of strategies for bots

Cryptohopper

Cryptohopper is probably one of the most popular ai crypto software on the market. Cryptohopper offers great pricing, a fantastic user interface, and high-quality bots for all levels. All the way f from trailing stop losses to demo accounts, this software does not safe on gunpowder.

I almost want to want to say that it is the most powerful platform on the market when it comes to crypto automation. Another thing to highlight is the spot-on professional support team that deals with inquiries in a fast manner every time you reach out through live chat.

Features

Supported Exchanges

Pricing

Pioneer(free) – $0.00/month

Explorer – $19.00/month

Adventurer – $49.00/month

Hero – $99.00/month

Note that the Explorer plan has a 7-day free trial and when you subscribe for a full year, all plans are reduced in price.

Pros & Cons

Pros	Cons
Great crypto signals	Must buy a monthly plat to access full features
Has arbitrage bots
Very favorable pricing for the Hero plan

TradeSanta

TradeSanta is one of the newer artificial intelligence platforms for crypto investing and is growing quickly in demand due to a powerful terminal, good signals, and an easy-to-use interface. While browsing bots and different templates for trading TradeSanta always shows you the previous month’s performance.

This way you can always pick one of the strategies with the best performance. Use TradeSanta to add take-profit orders, open both long and short positions, and practice in a demo environment completely risk-free. The time it takes to get started with this ai software is less than 10 minutes.

Features

Supported Exchanges

Pricing

Free – $0.00/month

Basic – $25.00/month

Advanced – $45.00/month

Maximum – $70.00/month

TradeSanta has a big discount of nearly 50% for annual plans.

Pros & Cons

Pros	Cons
Huge discount for annual plans	No live chat support channel
Easy-to-use mobile app
Risk-free virtual bot trading

Altrady

Altrady is another newcomer to the scene of artificial intelligence trading for digital assets and it has already gotten a good reputation for having reasonable pricing and a powerful terminal.

The quick scanner on Altrady is an amazing tool that will inform you of quick drops or rises in the market which lets you act fast on sudden changes. Combine this with the multi-chart layout and you have a pretty good setup for catching coins that are on the move, perfect for active traders.

The position analyzer helps you analyze your P&L in real-time for all your accounts and exchange at the same time. Another feature that I’m impressed with is the break-even calculator that lets you overview your profit market for any particular market.

Features

Supported Exchanges

Pricing

Free – Not available

Basic – $24.95/month

Essential – $44.95/month

Premium – $79.95/month

All paid plans have a two-week trial period and all annual paid plans have a discount of -30%.

Pros & Cons

Pros	Cons
Very useful for traders who lack ideas and strategies	The number of features can be overwhelming for beginners
Favorable pricing compared to its competitors
Great support team

Bitsgap

Bitsgap is an all-in-one crypto automation software for digital asset trading where bots meet smart algorithmic orders including a demo portfolio for risk-free market simulation. Overall a very complete ai crypto automation tool for both beginners and seasoned traders with a big list of supported exchanges that enable complete flexibility over several markets and tradable products.

One of the most interesting features of the Bitsgap platform is the scalp bot that can trade very small increments in price and makes money from trading the spread alone.

Features

Supported Exchanges

Pricing

Free – 7-day trial

Basic – $29.00/month

Advanced – $69.00/month

Pro – $149/month

Safe 17% on each plan when signing up for 6 months.

Pros & Cons

Pros	Cons
Advanced order selections	Slow live chat support
Ai bot for scalping	No mobile app
Demo account	The interface can be difficult for beginners to handle

Shrimpy

Shrimpy is an easy-to-use ai crypto bot and software that includes several features that other crypto automation platforms don’t. For example, the portfolio rebalancing tool for digital assets is incredibly useful for long-term investors or swing traders where rebalancing the portfolio is a critical part of the strategy.

As we know the cryptocurrency market moves fast and taking profits can sometimes be more difficult than anything else, this tool helps you quantify and automate the process with ease.

Other than that, Shrimpy is a great beginner tool with many premium features such as social and copy trading that we don’t usually see. A mobile app is not yet available but the web version does a good job at providing all tools needed.

Features

Supported Exchanges

Pricing

Free – $0.00/month

Starter – $19.00/month

Professional – $79.00/month

Enterprise – $299.00/month

Choose to pay for a plan annually and safe 20% on each plan.

Pros & Cons

Pros	Cons
A large list of supported exchange	Shrimpy does not offer a live chat support
Very easy to use
Offers copy trading

Quadency

Quadency is an ai crypto trading tool for traders and investors at all levels and what makes it special is that it comes free of charge for everyone. Yes, that’s right, there are no plans to subscribe to, and all the features, bots, and tools are free to use on the platform.

This is a huge advantage for anyone interested in trading ai crypto bots for free. The platform offers market-making, market analysis tools, backtesting, portfolio rebalancing, and many more features that you normally have to pay for on other platforms.

So, if you are on a budget then Quadency is a perfect choice.

Features

Supported Exchanges

Pricing

Quadency is free to use for all traders.

Pros & Cons

Pros	Cons
Connect your wallets to the platform	No mobile app is available
Unlimited exchange accounts	Slow response time from customer support
Free to use

What is AI Crypto Trading?

AI crypto trading is a way of trading the cryptocurrency market with the help of artificial intelligence to automate your strategies. Crypto automation with AI is the latest technology on the digital asset investment scene and is a way for investors and traders to optimize strategies by using crypto bots that employ both complex and simple strategies through smart orders.

These bots are pre-coded and do not need any further coding by the trader or investor. Below are some factors that are recognized with investing with AI crypto software:

• Full automation for complex strategies
• Backtesting
• Performance Analytics
• Automated copy trading
• Connect several accounts and exchanges
• Technical analysis
• Trade signals
• Powerful bots
• Portfolio management
• Advanced charting

This type of investing enables cryptocurrency traders and investors to automatically run their strategies across several exchanges and several accounts at the same time.

Different strategies, both long-term and short-term can be employed depending on the time horizon of each trader. Artificial intelligence tools in crypto have enabled everyday traders to use complex strategies that only professional investors and high-frequency investment funds were capable of doing before. The time has changed and AI trading for digital assets is becoming more mainstream each month.

Is AI Crypto Trading Profitable?

The profitability of ai software for cryptocurrencies is completely up to the trader that is employing the strategies. The crypto market is always changing and tweaking your strategies will be necessary to stay profitable if your strategy is making money.

Those who are not able to make money with a bot or other software need to find another strategy that fits the current market environment better. Not all strategies will be profitable all the time.

For example, if the market is trading in a choppy range you will be better off using a GRID bot that can scalp the tops and bottoms efficiently. If the market is trending, then a “buy the dip” strategy will be better suited since the market is marking higher prices consistently. Here are some things to consider when you choose a bot to have a better chance of being profitable:

• Market environment (trending or choppy)
• Bullish or bearish trend
• Always backtest your strategy
• Demo trade your strategy first
• Start small and when your strategy becomes profitable, increase the size

AI platforms can be very profitable if you know how to choose the correct bot but also if you know how to create your own bots. Many profitable bots can be copied from other investors that post them on the platforms.

This is an easy way to find good bots that have been proven to work before. As mentioned above, it’s always a good idea to test your bot in a risk-free environment through a demo account. Here you can make mistakes and not pay for them with your own money.

Once you find a strategy that beats the market, put it to use with real money. Keep in mind that you can run your software on a ai crypto trading app which makes things even easier.

Benefits and Drawbacks

Let’s take a look at the most common benefits and drawbacks that investors face when using an automated ai crypto bot or software. These are common pros and cons that almost every trader will face when trying crypto automation for the first time. By knowing this, you can skip out on many beginner mistakes and skip forward to the good part of actually making money with your ai software.

Benefits

• Automate your investing approach completely
• Possibility to run several strategies over multiple exchanges and accounts
• Less time-consuming than standard investing or trading
• Trade while you sleep or at work
• Make passive income
• Control all your funds and positions from one interface
• Trading options and performance are much greater than what a human can perform
• Emotionless investing

Drawbacks

• Can take time to find the right strategy
• Beginners might struggle with getting started
• Bots often lose when the market environment changes
• Supervision is required daily to check how the bots are running
• Finetuning never ends
• Backtesting results will not yield the same result in the future

Now, consider all these pros and cons of using ai for crypto investing and decide whether it is for you. Some investors might see this as a big opportunity and a new way of making money while others might see it as a waste of time and money.

It all comes down to your personal preference and skill. Getting an ai crypto bot to make money passively can be difficult and tweaking strategies can feel time-consuming.

Should you consider AI Crypto Trading?

If you are bored of your trading and struggle to make good results I strongly recommend that you at least test it out on a free platform to see what it’s like. Almost every software has a trial period from 7 to 14 days and Quadency does not charge anything at all.

This gives you time to test bots and crypto automation free of charge.

Many of the software I have tried has been incredibly interesting and I’ve learned a lot just by selecting different strategies and seeing how the bot trades. If you are a social investor there are plenty of options where you can talk to a community of investors that share their artificial trading setups in a forum.

Below is a list of ten points of problems and issues that crypto ai investing can solve:

1. You can’t find new coins or strategies to trade
2. You struggle to buy and sell due to emotional pressure
3. You don’t have enough time to execute trades daily
4. You haven’t found your style of trading or investing
5. You are stuck with the same investing mistakes
6. You are bored with proprietary trading
7. You are not fast enough
8. You can’t handle all accounts at the same time
9. You are too emotionally involved in your positions
10. You can’t manage risk properly

If you need a change when it comes to picking coins, finding strategies, or if you are just bored of investing in coins without a proper approach, then ai software for digital assets might be a good pick for you.

Another great thing about these bots is that they can effectively manage risk in a way that you probably can’t. The bots are emotionless and they will not hesitate when pulling the trigger to either open a position at a difficult moment, sell a position at a loss to prevent further declines, or simply take profits when the market has made a push.

This is in my opinion the biggest benefit and reason why you should give it a try.

Frequently asked questions