Best Crypto AI Trading Bots In 2024 (2024)

Cryptohopper first arrived on the crypto scene in 2017 and quickly became a go-to solution for over 400,000 tradings looking for automated investing. In recent years, the platform has been leading innovation in the industry with its crypto AI trading bot features.

Its AI strategy designer analyzes the information you feed it and decides on the most profitable approach. It can draw from various trading strategies, market signals, technical indicators, and TradingView to train and rank strategies based on the current market. All the while, scanning for changing trends and adapting to the relevant training pair. Adding to this, it is one of the best crypto copy trading platforms, allowing you to ‘plug and play’ strategies from other leading traders.

• AI strategy designer with a simple drag-and-drop interface to build optimized custom strategies
• Backtesting features with historical data allow you to see how you would have performed historically with your strategy and inform future strategy designs
• Use professional tools to leverage price inefficiencies and liquidity in the market through arbitrage and market-making

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3Commas is an automated crypto trading bot that enables you to ‘build your portfolio while you sleep.’ The platform delivers advanced trading tools to automate trading across the best crypto exchanges for all levels of traders with a simple-to-use AI for crypto trading.

In particular, the AI Grid bots allow you to automatically trade to maximize returns with efficient risk management during a sideways crypto market. The AI trading bot pulls trading signals from TradingView and optimizes strategies based on real-time market data. With advanced analytical capabilities, 3Commas identifies favorable entry and exit points before seizing opportunities offered by short, rapid price changes.

• Supports Grid, Signal, and DCA strategies across the best crypto exchanges, including Binance, OKX, KuCoin, Kraken, and Bitstamp.
• The Smart Trading Terminal delivers advanced tools for setting up advanced strategies, including trailing take profit, stop loss, and split targets on spot and futures markets.
• Copy trading features give your bots the ability to view, analyze performance, and copy other strategies from top traders.

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Pionex is a cryptocurrency exchange providing traders with access to free AI trading bot with competitive trading fees, strong liquidity, and 250+ coins. There’s 16 different types of trading bots to choose from depending on algorithms, strategies, and market conditions.

Pionex GPT allows you to create your bespoke strategy with AI. Simply tell the AI what you need your strategy to perform. Then, the GPT creates a Pine Script Code for your strategy. Then, you can take the trading script and run it in the TradingVeiw PineEditor. The native Grid bot also offers AI strategy creation based on back-testing over the previous seven days. All you need to do is choose the amount of funds to use with the Grid trading bot!

• Free access to 16 trading bots, including grid trading, arbitrage, and dollar cost averaging
• Use PionexGPT to design custom trading strategies to link with the signal trading bot
• Automatic Grid trading AI strategy creation with a simple-to-use interface

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Bitsgap started life as an exclusively KuCoin exchange base trading bot but has since added integration with most major crypto platforms including Binance, Bybit, Coinbase, and Kraken, among others. It is now one of the most popular automated trading bots available, often described as ‘revolutionary’ with ‘amazing results.’ Bitsgap’s mission is to help all traders maximize their profit, which is why they’ve embraced AI.

The introduction of Bitgap AI Assistant brings a fresh boost to the crypto trading process. Traders can now leverage AI to analyze crypto assets and provide individual recommendations to launch bots. In a few clicks, you can launch a portfolio of Grid bots tailored to your budget, trading pair volatility, and historical market data. It’s a user-friendly solution that makes taking your first steps with trading bots easier. One major downside is that the AI features are not available across all integrated exchanges, such as Binance US and Coinbase Pro.

• Choose from a wide selection of trading bot styles, including Grid, DCA, BTD, Futures Markets, and Combo
• The cloud-based trading bot can be accessed from any device, with smart trading available on all exchanges in one interface
• Demo trading allows users to get started and sharpen their bot trading skills without risking real money

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HaasOnline has been a premier choice for algorithmic crypto market trading for years. The company has built and supports a solution to build bots with unlimited potential. Perfect for traders with complex and ambitious ideas. Adding to this, you can discover and use bots in their marketplace to deploy instantly across most exchanges. This includes grid trading, market making, and portfolio rebalancing.

Always keen to develop innovative features, users can now build AI trading bots to use on the platform. Integrated into the drag-and-drop editors, it enables traders to work on diverse trading strategies and backtesting against historical data without the need for coding. This accessibility and versatility are loved by both newbies and experienced traders looking to automate their various trading strategies.

• Build AI automated bots with simple strategy creation and testing tools for automated trading across multiple exchanges.
• Haasscript is a powerful crypto scripting language that gives users the ability to create deeply complex trading algorithms
• Backtesting and paper trading provide solutions for testing and refining trading strategies to improve bots

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AlgosOne is breaking new ground by integrating generative AI capabilities into algorithmic trading systems. The project has incorporated AI with its own proprietary code and trained the model on a deep range of data sources. Adding to this it continually learns and adjusts its understanding of market decisions. This means the trading system can make smarter decisions, utilizing live data, about timing buy and sell orders of crypto assets.

The platform has a growing reputation in the crypto world as it takes on the top players with next-gen machine learning to optimize for profit and reduce risk. Investors can trade on a wide range of top cryptocurrencies including several stablecoins and famous meme coins.

• Easy to use licensed platform with no programming or complex strategy creation
• Intelligent machine learning that uses AI to improve every trade it executes
• Exceptional processing speed with complex analytical capabilities to simultaneously identify market trends across multiple markets

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WunderTrading has introduced its AI bot trading for pair trading on all the biggest exchanges, including Binance, ByBit, OKX, Kraken, and Coinbase. Built to improve trading experiences, it incorporates AI to find profitable opportunities. With sophisticated algorithms, it analyzes multiple crypto pairs to identify price convergence and divergence.

This is done by scanning large sets of real-time and historical market data to pinpoint patterns and trends. The WunderTrading AI bot works to understand the spread of two crypto assets. Then if the spread price breaks from a predefined threshold it triggers signals to place long or short positions. The platform also offers several other non-ai bots including DCA, grid, and Spread.

• Simple for beginners to use by connecting to an exchange and creating bots in just a few clicks
• Smart trading terminal enables strategy automation by turning TradingView scripts into powerful bots
• Paper trading gives users the chance to practise and test their bot trading skills without risking real money

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Octobot has been built from the ground up by two committed developers since 2018. It draws on inspiration from the crypto trading ecosystem along with its community of users. The system is built for users who are short on time or lack trust in other crypto projects. The Octobot trading bots are developed to be simple to use with regular manual intervention.

One of the most loved features is AI bot trading, which unleashes the power of AI on autopilot for smarter crypto investments. With Octobot, users can explore a selection of AI trading strategies, including past performance, how they work, and simple initiation. The AI model detects and predicts upcoming price swings in the market to identify profitable opportunities.

• TradingView automated trading sends alerts to Octobot to sell or buy according to your predefined targets
• Crypto baskets allow users to invest in thematic portfolios with complete customization and fine-tuning
• AI trading strategies provide easy ways for users to automatically manage funds

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Intellectia is an innovative Fintech company building the next wave of AI financial platforms. Launched in 2023, it recently added its cutting-edge technology to the crypto markets. Its systems harness powerful AI autonomous agents to dig through and analyze huge volumes of data.

Users can perform technical analysis, understand price drivers, and discover news sentiment via AI models. This includes navigating digital asset markets using GPT models alongside the trading view to gain on-the-fly market insights. Traders have access to over 100 cryptos and 14 ETFs.

• Perform technical analysis on crypto in just one click to gain real-time pattern and trend insights
• Learn what’s driving an asset price right now, including history price performance, volumes, and breaking news
• Identify market sentiment driven by news, including recent stories, upcoming key dates, tailwinds, and headwinds

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Kryll brands itself as a Web3 AI sidekick to bring blockchain intelligence to the world. The advanced set of AI tools simplifies Web3 to give investors clear, actionable advice on cryptocurrency investments. The tools make it easy for people to intelligently and confidently enter the market.

The ‘SmartFolio’ delivers in-depth tracking and analysis of wallets, NFTs, and top AI tokens across layer 2 blockchains like Polygon and Arbitrum. It’s a financial co-pilot working with users to manage and optimize digital asset portfolios. The X-Ray feature gives anyone, including beginners, deep analysis and AI predictions from examining data, social activity, and technical indicators for actionable insights. While it doesn’t execute trades, the bot gives users the information they need to make strong investment decisions.

• SmartFolio and X-Ray features analyze the blockchain market to deliver actionable investment strategies
• Gem Detector uses AI to analyze on-chain data, social media, and machine learning to identify emerging tokens
• Harpoon uses AI to log key transactions and activities on blockchains to uncover profitable investment patterns

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An AI trading bot is an AI trading software to analyze financial markets, like cryptocurrency, and makes traders automatically. Automatic trading bots have been around for many years and allow traders to move with high speed and accuracy. They have become a trusted tool for professionals and complex strategies like Arbitrage.

In recent years, the trading bot market has become more accessible to amateur and newer traders thanks to the integration of AI. AI makes the trading bots easier to set up and interact with despite a lack of technical knowledge.Adding to this, they can analyze markets in real-time, and compare, and back-test strategy ideas against historic market data. They then use machine learning to identify patterns, create optimal trading strategies, and execute trades.

This all allows anyone to efficiently build bespoke trading strategies for the bots to execute. There are different bots to suit various trading styles based on market conditions. Popular AI trading bots include Grid, Spread, Range, Dollar Cost Averaging, and Arbitrage.While AI trading bots do need monitoring and tweaking, once you have your strategy set up with your bot, it runs automatically 24/7, never missing a trading signal or opportunity to profit.

GPT-based bots have also been developed to act as a copilot on trading platforms. While these bots don’t execute trades directly, they give you the ability to use AI to inform wider trading strategy and uncover new investments.

Why Should You Use AI Bots For Trading Crypto?

AI bots are extremely useful to fine-tune and automate your trading strategies.

Automatic Strategy

AI trading bots are always learning based on real-time data. This means they can predict future price changes to create and adjust strategies automatically. Traders can keep their strategy ahead of the market to make profitable trades.

Efficiency

Many trading strategies thrive on speed. Humans can’t work fast enough to take advantage of opportunities, plus are prone to errors. The best crypto trading bots work efficiently to accurately execute multiple trades across several exchanges simultaneously.

24/7 Trading

A trading bot operates 24/7. This is particularly useful in the cryptocurrency market, which doesn’t close like traditional stock exchanges. With an AI trading bot, traders never miss an opportunity to profit, even if they are sleeping.

Emotionless

Emotions often fuel trends in the markets. Most traders don’t use bots and are open to making bad trades based on emotion. Technology doesn’t suffer from this problem and will logically execute a strategy based on predefined settings.

Real-Time Analysis

AI bots harnessing technology like GPT can constantly pull in live real-world data to inform predictions. They can process and analyze data thousands of times quicker and more in-depth than a human, enabling real-time predictions in seconds.

Back-Test Strategies

Even with AI, it is still important to test strategies for effectiveness and errors before trading for real. AI bots can quickly backtest strategies against historic data to assess profitability and analyze the results. This can help the machine learning recommend and refine strategies even further.

What Are The Risks Associated With Ai Trading Bots

AI Bots are not always risk-free, as the market is constantly evolving.

Technical Knowledge

While AI has increased accessibility, it can still be complex to build and run. An understanding of advanced trading strategies and tools is still vital to creating a profitable trading bot, avoiding technical difficulties, and managing risk.

Over-Reliance

Traders that set and forget, or only rely on the AI for their strategy can come unstuck in the long run. While AI can react quickly, extreme market volatility and lack of human oversight can be risky. AI doesn’t always adapt to new market conditions as expected.

Security

Checking the security protocols of a platform and trading bot is critical. Often traders will connect their bot to a trading exchange, if any security flaws are exposed then hackers could drain account funds.

There’s a big wide world of crypto AI trading bots to choose from, particularly with cryptocurrency. So, how do you tell the good from the bad? Well, the five things to take into account…

Customizability

The cryptocurrency market is volatile. It spits out all sorts of different conditions and surprises. The top traders are reacting to these situations with a variety of bots with customizable strategies. This means they can tailor the bot’s behaviors to the required style and risk management.

Security

Ensure the bot has robust security measures. This should include API key encryption and 2-factor authentication. With the bots handling funds, security is never an aspect to be overlooked. It is also prudent to research any historic security issues and fixes implemented by platforms.

Supported Exchanges

Most bots are independent of crypto trading exchanges. This means the bot is hooked into an exchange via an API. The top options should integrate with multiple market-leading exchanges to offer more trading opportunities and diversity. At the least, it should integrate with a trader’s chosen exchange.

User Interface

A user-friendly interface makes all the difference, even for experienced traders. For beginners, easy navigation and bot management is critically important; otherwise, it can be easy to input the wrong settings and lose money by mistake.

Cost

The AI trading bot pricing varies a lot. Usually, there is basic free functionality to try things out, followed by different package levels ranging from $20 to $200+ a month. The price paid depends on the number of trades and features required. So should be factored into trading profitability.

Choosing AI bots for trading crypto comes down to individual needs and preferences. CryptoHopper is now considered the market leader thanks to their user-friendly interface, AI features, flexibility, and educational resources. 3 Commas is another highly recommended option although it is more limited in its AI features.

Pionex is a crypto exchange with several good quality AI bots built into the platform. Traders can use them for free in their trading strategy which is a unique benefit. Adding to this, Kryll and Intellectia have entered the market with AI assistant bots that aid crypto traders, although they don’t have the capabilities to execute trades directly.

AI crypto trading bots are powerful tools for traders. They deliver the next level in enhancing trading efficiencies thanks to lightning-fast data processing and execution. 24/7 trading capabilities mean users never miss an opportunity to profit, while the removal of emotion leads to consistency.

Risk management is necessary, and choosing the right bot type to match your strategy is paramount. With the right choice from our list of top AI trading bots above it can significantly improve your trading success in the crypto market.