Automated trading tools can be helpful, but only if the bot’s design, security practices, and fee structure fit your strategy. We reviewed eleven well-known crypto bots on leading exchanges, tracking how each one executes orders, protects API keys, and exports data for tax reporting. The list covers everything from no-code services such as TradeSanta to build-it-yourself frameworks like Gunbot and Trality.
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What are the best crypto trading bots?
Expert crypto trading bot reviews
Cryptohopper
Best crypto trading bot overall
Cryptohopper is a top choice for those getting started with crypto trading bots, and our choice for the best crypto trading bot overall. This platform has a lot going for it: it works with 100+ tokens on 15 exchanges and has more than half a million users. As such, its packages (ranging from $0 – $99/mo) offer something for everyone.
– Why our experts picked it
Beginners will find a wealth of educational resources, templates, copybots, and signals, while experts can design and backtest their own strategies. Hosted in the cloud for quick deployment, Cryptohopper’s deep toolbox and user-friendly interface make it our top all-around choice.
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Exchanges: Binance, Binance US, Bitfinex, Bitpanda Pro, Bittrex, Bitvavo, Coinbase Pro, Crypto.com, HitBTC, Huobi Pro, KuCoin, Kraken, OKX, Poloniex,
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Fees: $0 – $99/mo (annual discounts available)
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Programming Language: User interface, no programming required
Gunbot
Best trade bot for advanced traders (runs locally)
Best for technically competent traders interested in a feature-rich and community-driven crypto trading bot with a high degree of control, Gunbot can also be a solid choice for beginners with its three-step setup and pre-configured strategies. Monthly subscriptions make it even more accessible for newcomers.
– Pros & Cons
Pros
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Choose a monthly subscription or one-time purchase
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Exceptional levels of control for technical users
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Established platform with an enormous userbase
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A noteworthy degree of privacy
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Free Gunthy tokens
Cons
– Why our experts picked it
Unlike most bots, Gunbot offers a lifetime license (with free updates) and runs locally. This means its security depends on you, and you can resell the license if you’re unsatisfied or stop using it. Gunbot also has an active community for support and pre-built scripts.
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Exchanges: Beaxy, Binance, Binance Futures, Binance US, Bybit, Bitfinex, Bitmex, Bitmex Testnet, Bitstamp, Bittrex, CEX, Coinbase Pro, Gate.io HitBTC, Huobi Global, Kraken, Kraken Futures, MEXC, okGunbot, OKX, Poloniex, Txbit, Crypto.com, and many more through CCXT library
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Fees: Monthly subscriptions start at $14.50 per month (with an annual plan), and lifetime licenses range from $199-$499
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Programming languages: Javascript or user interface
HaasOnline
Best bot for day traders (cloud)
HaasOnline’s TradeServer now comes in two flavours. You can run it yourself on local hardware or spin up a managed cloud instance that sits in the same data centres as major exchanges, shaving valuable milliseconds off every order. Either way you build strategies with HaasScript, a purpose-built language that lets quants and non-coders drag, drop, and fine-tune advanced logic.
– Pros & Cons
Pros
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Edge locations place your bots next to exchange engines for lower latency
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Robust back-testing, paper trading, and walk-forward simulation
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Library of pre-built bots plus a visual HaasScript IDE
Cons
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Steep learning curve, especially if you do not code
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Pricing is quote-based and there is no free trial
– Why our experts picked it
Day traders who thrive on speed and custom strategy design get enterprise-grade tooling, granular risk settings, and direct API access without being forced into someone else’s cloud plan.
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Exchanges: Binance, Binance Futures, Coinbase Advanced Trade, Kraken, Kraken Futures, OKX, KuCoin, Bitfinex, Bybit, Bitstamp, BitMEX, Deribit, Huobi, Poloniex, and a dozen more through the CCXT library.
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Fees: Custom pricing only. Contact HaasOnline sales for self-hosted or managed-cloud licences.
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Programming language: HaasScript (proprietary)
Best for those familiar with Python interested in writing code for their own trader bot. What sets Trality apart is its powerful Python API, which lets traders use this familiar language and libraries to develop bots. Its in-browser coding features include intelligent autocomplete and backtesting, debugging, and soon, rebalancing.
– Why our experts picked it
Trality has been slower than some others to introduce new features and exchanges. However, its easy-to-use Python integration and detailed documentation make complex bot building more transparent.
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Exchanges: Binance, Binance US, Bitpanda, Coinbase Pro, Kraken
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Fees: €0 – €59.99/mo (annual discounts available)
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Programming Languages: Python
Best for advanced trader bot users interested in more sophisticated bot trading, including programmatic options strategies. 3Commas offers sophisticated trading options in a user-friendly, surprisingly affordable package, making it a good choice for independent traders looking to adopt more complicated strategies with a feature rich terminal operating on 17+ major exchanges.
– Why our experts picked it
Options trading is a tricky business, but 3Commas has a simple, highly-visual user interface that helps investors program automated options strategies. As an added bonus, 3Commas’ blog offers valuable insights, analytics, and guides for crypto traders.
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Exchanges: Binance, Binance Futures, Binance Margins, Binance US, Bybit, Bybit Futures, BitMEX, Bittrex, Bitfinex, Bitstamp, Crypto.com, Deribit, Gate.io, Gate.io Futures, Gemini, Huobi, Kraken, KuCoin, OKX, Poloniex
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Fees: $0 – $99/mo (annual discounts available)
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Programming Language: User interface, no programming required
Coinrule
Best crypto trading bot for no-code trading rules
Best for journeyman traders looking for no-code training rules. Coinrule is a safe and easy-to-use platform to create automated trading instructions for top exchanges, including Binance, Coinbase Pro, and Kraken.
– Why our experts picked it
This platform allows regular traders to compete with algorithmic traders without the need to code or script. Select from over 250 rules or create your own with an easy-to-use interface. They also offer leverage strategies and one-on-one training at higher subscription levels.
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Exchanges: 15+ of the most popular exchanges, including Binance, Coinbase Pro, OKX, HitBTC, BitPanda Pro, Bitstamp, Kraken, BitMex, and KuCoin
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Fees: $0 – $449.99/mo billed annually
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Programming Language: User interface, no programming required
TradeSanta
Best bot for beginning traders
Best for novice traders interested in learning about crypto trading bots and an all-in-one crypto trading platform. TradeSanta markets itself as great for novices, and so it is, with affordable pricing, approachable mobile and desktop interfaces, risk management tools, and pre-built templates.
– Why our experts picked it
What really makes TradeSanta stand out is its user support chat, which isn’t very common among competitors; “Santa’s Helpers” are standing by to help.
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Exchanges: Binance, Binance Futures, ByBit Coinbase Pro, HitBTC, Huobi, OKX
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Fees: $0 – $70/mo (50% annual discounts available)
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Programming Language: User interface, no programming required
Best for those interested in free built-in trading bots on a popular exchange. Pionex is a cryptocurrency exchange that gives users access to 16 free, built-in trading bots, including grid, DCA, and arbitrage bots.
– Pros & Cons
Pros
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Exchange with built-in trading bots
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Low transaction fees, no monthly fees
Cons
– Why our experts picked it
The $0 price tag is appealing. So is the fact that because the bots are built into the exchange, the user doesn’t need to wrestle with any API integrations to quickly find the best crypto trading bot for their needs.
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Exchanges: Pionex (arbitrage is on spot-futures)
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Fees: No monthly fee but a .05% trading fee on each grid trading transaction
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Programming Language: User interface, no programming required
Ichibot
Best crypto trading bot for highly technical users
Best for those comfortable with the command line and typescript who want a trading bot they can code and control. Ichibot is more of a tool than a bot, run completely through the command line interface.
– Why our experts picked it
Ichibot is a trade strategy design platform for those who prefer code over clicks. Users can design complicated trade strategies for Binance and other exchanges and execute them in real-time to take advantage of market fluctuations. Ichibot won’t make any trading decisions on its own.
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Exchanges: Binance, Bybit, GlobeDX
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Fees: None
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Programming Language: Used as a CLI (Command Line Interface), but written in typescript
Best for those seeking a comprehensive way to manage their crypto portfolio long-term, with social trading. Shrimpy is focused on total, long-term portfolio management with social trading. In addition to enabling automatic trading, portfolio rebalancing, and cross exchange performance monitoring, Shrimpy also connects users with a unique social feature.
– Why our experts picked it
With Shrimpy, traders can copy trade the strategies of top users. Or, if their own trades are highly successful, they may find themselves on top of Shrimpy’s “leaderboard,” which provides an opportunity to earn monthly income from posting.
Shrimpy’s engaged community, large number of supported exchanges, and easy-to-use interface have made it a top automatic trading platform.
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Exchanges: Bibox, Binance, Binance US, Bitfinex, Bitmart, Bitstamp, Bittrex, Bittrex Global, CEX,io, Coinbase Pro, Gate.io, Gemini, HitBTC, Huobi Global, Kraken, KuCoin, OKX, Poloniex
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Fees: $0-$49 per month (annual discounts available)
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Programming Language: User interface, no programming required
Stoic
Best trade bot for long-term portfolio strategy
Best for Binance users looking for long-term portfolio strategy options, including multi-cycle, swing, and long only. Stoic AI is a long-term bot that works like a hedge fund. Linked with a user’s Binance account, this crypto trading bot serves as a crypto-quant hedge fund that manages your crypto portfolio using trading algorithms developed by the Cindicator team.
– Pros & Cons
Pros
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Expert-developed trading algorithms
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Supports automatic and manual trading
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Has a mobile app (for monitoring only)
Cons
– Why our experts picked it
Stoic utilizes a long-only index strategy for the top 30 altcoins, a fixed income algorithm, and a long-short active trading strategy and automatically rebalances your portfolio based on forecasts from a network of 180,000 financial professionals.
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Exchange: Binance, Binance US
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Fees: $9 – $25/mo up to a 5% annual deposit fee (for $10k+ portfolios)
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Programming Language: None, mobile app
What are crypto trading bots?
Crypto bot trading is powered by trade bots that create and submit buy and sell orders to exchanges based on the rules of a pre-defined trading strategy. For example, a simple trading bot might be programmed to sell Bitcoin when its price reaches a certain threshold.
In short, crypto trading bots enable trading based on data, trends, and price range—not on emotional impulse. Ultimately, this usually grows their profits, minimizes their risks, and limits their losses across exchanges. Furthermore, bots can produce passive income 24 hours a day. You could earn from automated trades, whether sleeping, biking, or giving a presentation.
A growing number of platforms support automated trading, but we’ve done the research and presented our picks of the best crypto trading bots below.
See our expert picks of the best crypto loans.
Features to look for in crypto trading bots and tools
When assessing crypto trading bots and tools, you’ll want to look at some key features to determine the best crypto trading bot for you. These include:
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Code or no-code: does the trading bot require knowledge of a programming language?
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Pricing: Is access to the trading bot free, does it require a monthly or annual subscription, or is there a trading fee for use?
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Support: does the trade bot provider offer support, and at what level? Beginner traders may want one-on-one phone or chat support.
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Exchange integration: what exchanges can a given trader bot be used on? Is the trade bot built into an exchange (e.g., Pionex’s bots)?
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Mobile app: can you monitor your bot with a mobile application?
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Social integration: does the crypto trading bot support copy trading, so you can benefit from successful traders’ strategies and track records?
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Simulated trades: does the trade bot platform offer backtesting and paper trading so you can simulate a given trader bot’s performance before deploying it?
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Bot types and strategies: what types of crypto trading bots and strategies does a given platform offer? Which currency pairs are available? We’ll look at some common strategies further in this article.
How much does a crypto bot cost?
The price of crypto bots for a trading account ranges from free to a small monthly or annual fee, up to thousands of dollars in annual deposit fees.
Some crypto bots are charged a small percentage trading fee, as with Pionex’s .05% trading fee on each grid trading transaction. Many crypto trading bot platforms offer users limited free bot trading trials.
Learn how traders use AI agents in crypto.
Pros and cons of crypto trading bots
Crypto trading bots help remove emotion from trading cryptocurrencies. Crypto is volatile, and trading by hand can lead users to panic, become overconfident, and make emotional decisions. Crypto trading bots execute trades based on data without attachment to funds or sentimentality about the market.
That noted, crypto bots are imperfect. With a bot working for you, you may be tempted to step away from crypto entirely and assume the bot has things handled. This can lead to complacency, and it’s essential to check in with your bot periodically to ensure it’s functioning and working toward your goals.
There are also security concerns. Crypto trading bots typically conduct trades via APIs, requiring no ongoing manual input. Bad actors might target bots or exchanges, so you should take extra steps to secure yourself. Deactivate automatic withdrawals and take extra precautions with your API keys and passwords.
Crypto tax software and your trading bot
A crypto trading bot will often execute more trades than a human could by hand. This can lead to a complextax season. TokenTax takes the headache out of crypto taxes after a year of crypto bot trading with the best crypto bot you’ve found for your goals. Our platform integrates with dozens of the world’s most popular exchanges, so you can import your crypto bot trades in minutes, greatly simplifying your annual crypto tax preparations.
We are both crypto tax calculation software and a full-service crypto tax accounting firm. So, whether you want to prepare your crypto taxes yourself with our software or need some extra assistance, we can help you accurately file even the most complicated crypto taxes.
How do you file taxes for crypto bot trading?
Now let’s imagine you’ve selected your best crypto bot, programmed its strategies, and watched its results. How do you file taxes on these transactions? Crypto bots trade on exchanges on your behalf. So when it comes time to report cryptocurrency on your taxes, you will want to import your trades from these exchanges into crypto tax software. It’s the same process you’d use for trades you make yourself.
When selecting a bot trading strategy, be aware of how many trades the bot will make. High-frequency trading bots making dozens or hundreds of trades daily can result in tens or hundreds of thousands of transactions that must all be reported. It can become quite complex, and you should be prepared for this. TokenTax can handle such trading, with the appropriate crypto tax plan.
Try these crypto bot strategies
Are cryptocurrency trading bots profitable? They can be when used properly. Here are a some of the top crypto trading bot strategies:
Arbitrage bots
A crypto arbitrage bot is a computer program that compares coin prices across exchanges to make automated trades that exploit price discrepancies and identify arbitrage opportunities.
For example, a BTC arbitrage bot might identify that Bitcoin trades for $200 more per token on Kraken than on bitFlyer. It would then buy BTC on bitFlyer and quickly sell it on Kraken to make a small profit.
Grid bots
A grid bot is simple and suitable for beginners. You set multiple “grids” of upper and lower cost limits for a particular cryptocurrency. The bot then makes a series of interchangeable trades and incrementally accumulates profit. Let’s say you had the following parameters for COMP:
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Lower limit: $100
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Upper limit: $200
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Grid quantity: 10
If the price of COMP is at $150 when you program the bot, you will have four open orders for sell and five open orders for buy. If the price increases to $16, the bot will automatically place two paired orders: sell at $160 and buy at $150. The $10 profit is added to your balance.
Sandwich bots
Sandwich bots detect when a trader is placing a bid on a token. They then bid higher on the same token, betting the trader will still want it. If the bot wins the token, it will immediately try to sell it to the original bidder at a higher price.
Methodology
How our crypto tax professionals selected the best crypto trading bots