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

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

Regulation
Rating
Best for
Trading Fee
Minimum Account
Our rating:
4.14/5
Excellent
Regulated by
MEAC
0%
50$
All Traders
Quick Review
  • Established 2018 Estonia
  • Type Cryptocurrency Exchange
  • Currencies AED, ALL, AMD, ANG, ARS, AUD, AZN, BAM, BBD, BDT, BGN, BMD, BND, BOB, BRL…
  • Funding Visa, Mastercard, SEPA, Bank transfer, Skrill, PayPal, Apple Pay, Google
  • Languages English, Russian, Latvian, German, French, Spanish, Polish, Portuguese, Turkish, Mandarin
  • Restricted countries
  • Products Cryptocurrency, Futures
  • Trading platforms Webtrader, Tradingview
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 1
  • Order types TSL – Trailing Stop Loss, SL – Stop Loss, TP
  • Support Email, Phone Number, Live Chat, Contact Form
  • Copy Trading
  • Trading Signals
  • Trading Bot
  • Crypto Portfolio Tracker
  • Security Of Funds
  • OTC Market
Pros

• Very innovative cryptocurrency trading technology
• Great for both short and long-term traders
• Regulated in Europe

Cons

• Relatively new platform
• The education section is not well developed
• There is no demo account available for the terminal

Our rating:
3.89/5
Trustworthy
Non-Regulated
0%
30$
Bot Traders
Quick Review
  • Established 2020 United Kingdom
  • Type Cryptocurrency Trading Software
  • Currencies USD, EUR, GBP
  • Funding Visa, Mastercard, Cryptocurrency
  • Languages English
  • Restricted countries Korea, Democratic People”s Republic of, Cuba, Iran, Islamic Republic of
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview
  • Devices Desktop, Web
  • Max leverage 1
  • Order types AO – Automated Orders, LO – Limit Order, MO –
  • Support Email, Live Chat
  • Trading Bot
  • Portfolio Rebalancing
  • Trading Strategies
  • Fast Execution Speed
  • Automated Trading
  • SMS Alerts
Pros

• New innovative crypto trading technology for beginners and professionals
• Very favorable pricing models compared to competitors
• Great educational material for beginner traders

Cons

• Coinrule does not yet offer a mobile app
• Non-regulated business
• Bank-transfer is not offered as a payment method

Our rating:
3.86/5
Trustworthy
Non-Regulated
0%
19$
Day Traders
Quick Review
  • Established 2017 Netherlands
  • Type Cryptocurrency Trading Software
  • Currencies USD
  • Funding PayPal, Cryptocurrency, Visa, Mastercard, American Express, DISCOVER, iDEAL, Sofort, giropay
  • Languages English, Dutch
  • Restricted countries
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac, Mobile App
  • Devices Desktop, Tablet, Web, Smartphone
  • Max leverage 1
  • Order types LO – Limit Order, MO – Market Order, AO –
  • Support Email, Live Chat
  • Algorithmic Trading
  • Performance Analytics
  • Trading Strategies
  • Market Making
  • Social Trading
  • Professional Support
Pros

• Crypto exchange arbitrage trading
• Automated crypto bots
• Very useful crypto signals

Cons

• Must buy a monthly plan to access the most useful features
• No phone support
• Non-regulated platform

Our rating:
3.85/5
Trustworthy
Non-Regulated
0%
0.0$
Bot Traders
Quick Review
  • Established 2018 United States
  • Type Cryptocurrency Trading Software
  • Currencies
  • Funding Cryptocurrency, Visa, Maestro, Mastercard, American Express, DISCOVER, JCB, China UnionPay
  • Languages English, Korean, Portuguese, Turkish, Japanese, Mandarin (Chinese), Spanish, Russian
  • Restricted countries
  • Products Cryptocurrency
  • Trading platforms Webtrader, Mobile App Android + Mac, Own trading platform Windows
  • Devices Web, Tablet, Desktop, Smartphone
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order
  • Support Email, Contact Form
  • Automated Trading
  • Trading App
  • Demo Account
  • Performance Analytics
  • Trading Bot
  • Recurring Crypto Purchase
Pros

• Mobile app for automated cryptocurrency trading
• Demo bot trading in a virtual environment
• Very favorable pricing plan

Cons

• No live chat is available
• Non-regulated cryptocurrency software
• The only funding method is cryptocurrency

Our rating:
3.8/5
Trustworthy
Non-Regulated
0%
10$
All Traders
Quick Review
  • Established 2017 Netherlands
  • Type Cryptocurrency Trading Software
  • Currencies USD
  • Funding Cryptocurrency, Visa, Mastercard, American Express, Bancontact, SEPA, Bank transfer, iDEAL
  • Languages English, Russian
  • Restricted countries
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview, Own trading platform Windows + Mac
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Email, Live Chat
  • Advanced Trading Platform
  • Algorithmic Trading
  • Professional Support
  • Trading Signals
  • Market Screener
  • Performance Analytics
Pros

• New advanced crypto trading technology
• Useful for traders who lack trading ideas and setups
• Affordable compared to many competitors

Cons

• Can be difficult to understand for complete beginners
• Currently only available in English and Russian language
• Non-regulated business

Our rating:
3.72/5
Trustworthy
Non-Regulated
0%
0.0$
All Traders
Quick Review
  • Established 2017 United States
  • Type Cryptocurrency Trading Software
  • Currencies USD, GBP, EUR, AUD, CAD, INR, CNY, JPY, PHP
  • Funding PayPal, Visa, Mastercard, American Express, DISCOVER, Google Pay (GPay), Cryptocurrency
  • Languages English
  • Restricted countries Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde
  • Products Cryptocurrency
  • Trading platforms Tradingview, Webtrader, Own trading platform Windows + Mac
  • Devices Desktop, Tablet, Smartphone, Web
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SOR –
  • Support Email, Contact Form
  • Social Trading
  • Portfolio Rebalancing
  • Trading Bot
  • Copy Trading
  • Backtesting
  • Performance Analytics
Pros

• Automate your strategies on several exchanges
• Copy profitable traders and earn passive income
• The platform is surprisingly easy to use

Cons

• Non-regulated
• No live chat is available
• Only available in the English language

Our rating:
3.72/5
Trustworthy
Non-Regulated
0%
0.0$
All Traders
Quick Review
  • Established 2018 United States
  • Type Cryptocurrency Trading Software
  • Currencies AUD, USD, CAD, GBP, HKD, JPY, NZD, ZAR, EUR
  • Funding Visa, Mastercard, Cryptocurrency, American Express, China UnionPay, DISCOVER, JCB
  • Languages English, Afrikaans, Albanian, Arabic, Armenian, Azerbaijani, Bosnian, Bulgarian, Mandarin (Chinese)
  • Restricted countries
  • Products Cryptocurrency
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Tradingview
  • Devices Smartphone, Web, Tablet, Desktop
  • Max leverage 1
  • Order types AO – Automated Orders, TP – Take Profit, SL –
  • Support Email, Live Chat
  • Trading Bot
  • Portfolio Rebalancing
  • Advanced Charting
  • Market Making
  • Market Analysis
  • Backtesting
Pros

• Connect popular wallets such as Trezor, Ledger, and Metamask to the platform
• Automated cryptocurrency trading
• Use unlimited exchanges accounts

Cons

• Non-regulated
• Slow response from customer support
• No mobile app

Our rating:
3.66/5
Trustworthy
Non-Regulated
0%
29$
All Traders
Quick Review
  • Established 2017 Estonia
  • Type Cryptocurrency Trading Software
  • Currencies USD, EUR, RUB, AUD, BRL, BYN, CAD, CHF, CNY, GBP, HKD, IDR, INR, JPY, KRW…
  • Funding Visa, Mastercard, PayPal, Cryptocurrency
  • Languages English, Russian, Portuguese, Dutch, French, German, Spanish, Turkish, Italian, Vietnamese
  • Restricted countries
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview
  • Devices Desktop, Smartphone, Web, Tablet
  • Max leverage 1
  • Order types SM – Stop Market, LO – Limit Order, SL –
  • Support Email, Live Chat
  • Trading Bot
  • Backtesting
  • Demo Account
  • Crypto Portfolio Tracker
  • Advanced Trading Tools
  • Performance Analytics
Pros

• Great order selection for seasoned traders
• Scalping bots for small and consistent gains
• Demo account to try the bots before going live

Cons

• Slow live chat
• Mobile app trading is currently not available
• The interface can be a little bit difficult for complete beginners

WunderTrading

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

  • Market making
  • Instant deposits
  • Performance analytics
  • Trade alerts
  • Real stop loss
  • Algorithmic trading
  • Recurring crypto purchase (DCA)
  • Advanced trading tools
  • Automated trading
  • Short-selling
  • Video guides
  • Buy cryptocurrency with fiat
  • KYC
  • Altcoins
  • High security
  • Technical indicators
  • Trading app
  • Quick registration
  • Fast withdrawals
  • Beginner-friendly
  • Social trading
  • Several account types
  • Robot trading
  • Advanced charting
  • Fiat account
  • Backtesting
  • Fast execution speed
  • Professional support
  • 2FA verification

Supported Exchanges

  • Binance
  • Binance Futures
  • FTX
  • BitMEX
  • ByBit
  • KuCoin
  • Bitpanda Pro
  • Deribit
  • Bittrex
  • Houbi
  • FTX.US
  • OKX
  • HitBTC

Pricing

Free – $0.00/monthBasic – $9.95/monthPro – $24.95/monthPremium – $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

ProsCons
Very innovative crypto trading technologyRelatively new software
Cheaper than most other ai softwareLacking high-quality educational material
Regulated in the EurozoneWunderTrading does not offer a demo account

Coinrule

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

  • Demo account
  • Paper trade
  • One-click trade
  • Backtesting
  • High limits
  • Advanced charting
  • Quick registration
  • Technical indicators
  • Advanced tools
  • Low slippage
  • Margin
  • Leverage
  • Coaching
  • Market news
  • Altcoins
  • Video guides
  • Education
  • Tips
  • Algorithmic trading
  • Instant deposits
  • 2FA
  • Webinars

Supported Exchanges

  • Binance
  • Binance Us
  • Bitstamp
  • HitBTC
  • BitMEX

  • Kraken
  • Liquid
  • OKX
  • Poloniex
  • Binance Futures

Pricing

Free – $0.00/monthHobbyist – $39.99/monthTrader Plan – $79.99/monthPro Plan – $499.99/month

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

Pros & Cons

ProsCons
Leveraged bots for experienced investorsThe Pro plan is somewhat expensive compared to other options
Offers a demo accountCoinrule does not offer a mobile app
Massive library of strategies for bots

Cryptohopper

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 the 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

  • One-click trade
  • Real stop loss
  • Short-selling
  • Demo account
  • Advanced tools
  • Robot trade
  • Trade alerts
  • Market news
  • Recurring Crypto Purchase (DCA)
  • Mobile app
  • Strategies
  • Fast withdrawals
  • Tips
  • Fast execution speed
  • Video guides
  • 2FA verification
  • High limits
  • Quick registration
  • Instant deposit
  • Backtesting
  • Paper trading
  • Market making
  • Advanced charting
  • Automated trading
  • Fast account verification
  • Education
  • Copy trade
  • Technical indicators
  • Market analysis
  • Forum
  • Signals
  • Performance analytics
  • Social trading

Supported Exchanges

  • EXMO
  • Bitvavo
  • HitBTC
  • OKX
  • Bitpanda Pro
  • Huobi
  • Binance
  • Binance.US
  • ByBit
  • Bitfinex
  • Coinbase Pro
  • Kraken
  • Crypto.com
  • Bittrex
  • KuCoin
  • Poloniex

Pricing

Pioneer(free) – $0.00/monthExplorer – $19.00/monthAdventurer – $49.00/monthHero – $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

ProsCons
Great crypto signalsMust buy a monthly plat to access full features
Has arbitrage bots
Very favorable pricing for the Hero plan

TradeSanta

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

  • Performance analytics
  • Demo account
  • Mobile app
  • Recurring crypto purchase
  • Alerts
  • One-click trading
  • Low slippage
  • Instant deposits
  • Technical indicators
  • Instant coin exchange
  • Fast execution speed
  • Quick registration
  • Education
  • Signals
  • 2FA verification
  • Paper trade
  • Advanced tools
  • Short-selling
  • Beginner-friendly
  • Algorithmic trading
  • Advanced charting
  • Robot trade
  • Altcoins
  • Real stop loss
  • Video guides
  • High limits

Supported Exchanges

  • Binance
  • OKX
  • Coinbase Pro
  • Huobi
  • Binance Futures
  • HitBTC
  • FTX (coming soon)
  • ByBit
  • Kraken (coming soon)

Pricing

Free – $0.00/monthBasic – $25.00/monthAdvanced – $45.00/monthMaximum – $70.00/month

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

Pros & Cons

ProsCons
Huge discount for annual plansNo live chat support channel
Easy-to-use mobile app
Risk-free virtual bot trading

Altrady

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

  • Advanced charting
  • Professional support
  • Signals
  • Market screener
  • Performance analytics
  • Instant deposits
  • Trading calculator
  • Alerts
  • Market analysis
  • Trade journal
  • Hotkeys
  • Customizable interface
  • Real stop loss
  • Fast execution speed
  • Technical indicators
  • Market news
  • Fast account verification
  • KYC
  • High limits
  • 2FA
  • Trade tips
  • Quick registration
  • Education
  • Altcoins
  • Risk management

Supported Exchanges

  • Binance
  • Huobi
  • Bittrex
  • HitBTC
  • KuCoin
  • Gate.io
  • FTX
  • Coinbase Pro
  • Bitvavo
  • Kraken
  • Poloniex
  • OKX
  • ByBit

Pricing

Free – Not availableBasic – $24.95/monthEssential – $44.95/monthPremium – $79.95/month

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

Pros & Cons

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

Bitsgap

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

  • Backtesting
  • Crypto portfolio tracker
  • Advanced tools
  • Performance analytics
  • Leverage
  • Real stop loss
  • Technical indicators
  • 2FA verification
  • 0% trading fee
  • Education
  • Altcoins
  • Advanced charting
  • Quick registration
  • Strategies
  • Fast execution speed
  • Instant deposit
  • Margin trading
  • Paper trade
  • Demo account
  • Short-selling
  • One-click trading
  • Customizable interface
  • Robot trading
  • Recurring crypto purchase (DCA)
  • Low slippage

Supported Exchanges

  • Binance
  • KuCoin
  • OKX
  • ByBit
  • Kraken
  • FTX
  • Bitfinex
  • Huobi
  • Coinbase Pro
  • Bittrex
  • HitBTC
  • Poloniex
  • Gemini
  • Gate.io
  • Liquid
  • Bithumb

Pricing

Free – 7-day trialBasic – $29.00/monthAdvanced – $69.00/monthPro – $149/month

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

Pros & Cons

ProsCons
Advanced order selectionsSlow live chat support
Ai bot for scalpingNo mobile app
Demo accountThe interface can be difficult for beginners to handle

Shrimpy

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

  • One-click trading
  • Forum
  • Paper trade
  • 2Fa verification
  • Education
  • Algo trading
  • Real stop loss
  • Advanced tools
  • Fast withdrawals
  • Altcoins
  • KYC
  • Technical indicators
  • Demo account
  • Robot trading
  • Quick registration
  • Strategies
  • Advanced charting

Supported Exchanges

  • Binance
  • Binance US
  • Bittrex
  • Bittrex global
  • KuCoin
  • Coinbase Pro
  • Poloniex
  • Kraken
  • Bibox
  • Gemini
  • Huobi
  • HitBTC
  • BitMart
  • Bitstamp
  • OKX
  • Bitfinex
  • FTX.US
  • FTX
  • CEX.IO
  • Gate.io

Pricing

Free – $0.00/monthStarter – $19.00/monthProfessional – $79.00/monthEnterprise – $299.00/month

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

Pros & Cons

ProsCons
A large list of supported exchangeShrimpy does not offer a live chat support
Very easy to use
Offers copy trading

Quadency

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

  • Strategies
  • Professional support
  • Algorithmic trading
  • Market news
  • High limits
  • Education
  • Trade tips
  • Dollar-cost averaging
  • Automation
  • Real stop loss
  • Fast execution speed
  • Trade alerts
  • Robot trade
  • Cryptocurrency wallet
  • Video guides
  • Altcoins
  • Fast account verification
  • Institutional trading
  • Customizable interface
  • Advanced tools
  • 2Fa verification
  • Quick registration
  • Technical indicators
  • Performance analytics
  • Low slippage

Supported Exchanges

  • Binance
  • Binance US
  • Bitfinex
  • Bittrex
  • Coinbase Pro
  • Gemini
  • HitBTC
  • Kraken
  • KuCoin
  • Liquid
  • OKX
  • Poloniex

Pricing

Quadency is free to use for all traders.

Pros & Cons

ProsCons
Connect your wallets to the platformNo mobile app is available
Unlimited exchange accountsSlow 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 more 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 the everyday trader 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

The answer is yes, ai software can be very profitable but it takes practice and patience as with any other style of investing. Not all bots and strategies will work in every market environment. Tweaking and changing will be required when the market changes pace.

It works for those investors who can spend some time learning how different bots work in different market situations. Once you figure out which bot is perfect for each situation you can do very well.

At the top of this guide, we have listed some of the most reputable and promising ai crypto trading platforms on the market. Use the comparison list to see which one will suit. you best.

Yes, this is now possible. AI has been proven to work in many different areas and is now taking over the investment scene with emotionless investing and full automation.

You start by signing up with a platform that seems a good fit for you. Then you choose what exchange and account you want to link to this platform. From here, you select the strategy that you want to use and then you employ it after some tweaking. All of this can be done in a test environment completely risk-free. While your bot is investing you can browse other strategies and copy other profitable investors.