Top 6 Bitcoin Trading Bots

Trading bots are rather common in the bitcoin world, as very few traders have time to stare at the charts all day. Most people trade bitcoin as a way to generate passive income while working their regular day jobs. With so many people relying on trading bots, the question becomes which one can be trusted and which one should be avoided. Below is a list of known cryptocurrency trading bots, however, your mileage may vary when using them.

NOTE: The Merkle does not condone the use of trading bots. The Merkle is not responsible for any financial losses sustained while using the software mentioned below. The Merkle is not affiliated with any of these trading bots.

6. BTCRobot

One of the very first automated bitcoin trading bots to ever be created goes by the name of BTC Robot. While it seems to do the job and is quite easy to set up, user’s mileage may heavily vary when using this tool. Some people seem to be making modest profits, whereas others seem to struggle to get it to work properly. There is a 60-day refund policy, which makes it a no-brainer to try out regardless.

5. Gekko

The Gekko trading bot is an open source software solution hat can be found on the GitHub platform. It was last updated a month ago, which seems to indicate it is still being actively developed. Using this automated trading bot seems rather straightforward, as it even comes with some basic strategies. It is not a high-frequency trading bot by any means, nor will it exploit arbitrage opportunities. With a good list of supported exchanges, Gekko could be worth checking out.

4. CryptoTrader

One of the more attractive – yet unknown – solutions goes by the name of CryptoTrader. The service offers cryptocurrency users automated trading bots running on cloud platforms. Not having to install unknown software is a big plus, albeit it remains to be seen if this platform is legitimate. One intriguing feature is how CryptoTrader features a strategies marketplace where anyone can buy or sell their favorite trading strategy.

3. Zenbot

Another open-source solution for bitcoin traders goes by the name of Zenbot. Albeit this bot has not seen any major updates over the past few months, it is available to download and modify the code if needed. This marks the third iteration of Zenbot, which is still a lightweight and artificially intelligent bitcoin trading bot. It is also one of the very few solutions capable of high-frequency trading and supporting multiple assets at the same time. According to the GitHub page, Zenbot 3.5.15 makes a 1.531 ROI in just three months, which is quite surprising.

2. Tradewave

Although technically not a bot in the traditional sense, Tradewave is a platform allowing users to create automated bitcoin trading strategies. Users can connect most of the major exchanges to enable live trading within a few minutes. Moreover, there are quite a few trading strategies shared by community members for other users to try out. Tradewave is not free to use, though, as plans start at just US$14 per month.

1. Haasbot

The Haasbot is somewhat popular among cryptocurrency enthusiasts. On paper, Haasbot does all of the trading legwork on behalf of the user, although some input is required. Haasbot supports all of the major exchanges and is capable of recognizing candlestick patterns. Considering it costs between 0.12 BTC and 0.32 BTC per three-month period to use this tool, one has to be committed to using the software and hopefully make a profit from doing so.

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  • albeit sure

    albeit

  • Mark Basler

    will try haadbot. Did some interesting profits with full automated trading bots from the new cloud trading bot. I try now to adapt the trading scripts to the new cloud bot, which is doing 24/7 for me now on http://bit.ly/tradingbot take a look at the backtesting which is really interesting as its fast and cloud based. poloniex and kraken also bitstamp cryptotrading bot are available 🙂

  • Matthew Weathers

    Haasbot sucks
    My experience is that in the begining happened some shit and i wasnot able to see charts or make trading
    When i asked for help nobody seemed to have same problems
    I tried it on many computers but problem is that is was not doing what it should

  • Matthew Weathers

    Trading platforms are ok
    Problem is any bot tells you to buy dash when it was under 1 usd
    Manual trading limit orders are the best

  • Flllexa

    Gimmer is a platform that I really like, it’s the friendliest of them all.

    I think the design of this framework amazing.
    https://gimmer.net

    If the author of the text update with this platform it would be nice.

  • hacktillinfinity(@)gmail(.)com

    if any bitcoin bot tries to steal from you or if you had your money stolen from you by these “bot” feel free to reach me via mail…we will get it back on your behalf for only 10% the amount to be recovered

    • JoelKatz

      The bots can’t steal from you. They have no ability to perform transfers or withdrawals.

      • Samo Groos

        Is that something you know only of bots that are open source or are closed source bots also not able in doing that?

        • Xaos

          No it’s exchange API not allows to withdraw funds.

      • cherazor65

        Bots can steal 100% of your money within seconds even without withdraws. They could run 2 bots in parallel for an exotic coin with buy high – sell low on your side and buy low – sell high on the scammer-side. I’ve seen a simulation like this. Hence don’t buy a so-called super cheap bot from Indian or Pakistani guy on Telegram … they will only steal your money.

    • mac boy

      you did a hood job for me and I can not thank you enough. all those people saying bad stuff about you, just ignore them…everybody can’t like you, even Jesus has haters just keep doing your think and rise above

  • Marco Coruzzi

    Brutus is the best bot for automatic trading of cryptocurrency. works with 5 differents markets (poloniex, ccex, cryptopia ect ect) and every single crypto currency of coinmarketcap.
    Arbitrage allows you to do not risk your capital and earn istant
    others 4 strategies to have 100-220% in a 40 days of auto trading.
    You just set up 5 min – 10 min your configurations every day from your laptop (PC or MAC)
    and you will have your trades won. It can’t lose by contract. We also have webinars every week
    You cannot lose your capital and there is no fee
    that will tell you what’s best to do with it. It can be used fully automatic after conf. 24/24 h
    contact skype: shouglight

    • HY MARCO IM INTERESTED INTO TALK ABOUT THE BOT …. IM FROM ITALY TOO … CONTACT ME ASAP BY TELEGRAM @BILLIONAIREFACTORY

      • Marco Coruzzi

        Contattami pure, shouglight su skype è il mio nome

    • Rik S. McCoy

      do you have a link to brutus?

      • Marco Coruzzi

        Contact me on skype: shouglight

        • Romil Jain

          Hello Marco, would you mind to share the link for Brutus…?

  • Xaos

    Gunbot

  • Marco Coruzzi

    If you want a Bot that works contact me.
    With Brutus i can earn 400 dollars even in 2 hours with a base capital of 2 / 3 btc
    +393497272235

    • Leslie Joshi

      what bot?

  • aaron

    Do you need a bitcoin generating bot, the bot can generate bicoin from the two most popular and most biggest free bitcoin platform,bitsler and freebitco, we can help you build a bot which will be able to successfuller create 2btc every hour and work 18hours a day.. For as how long you can manage it after we must have set it up for you, if you need us to work on such project for you.. Contact here [email protected]..

  • aaron

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    Contact [email protected]

  • aaron

    We have the best architecture and workflow for such bkt that can actually steal 2btc every hours for 18hour every day from this two big free bitcoin platform, bitsler and freebitco , if you need such bot feel free to contact [email protected], in addition we are also expert jn setting up , adult gaming, “BTC Data Mining or Trading Exchanges Apps”. If you need us to get on such powerful project for you, get to us here.. [email protected] or [email protected]

  • aaron

    Do you need a bot trading app that leaves no traces, works anonnymously, trade without getting introuble or be scammed of your bitcoin.. Contact [email protected] ,we can set one up for you..

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  • Nercolito

    all are expensive like shit! there is no opensource free software bot?

    • Jim

      Gekko and ZenBot are both open source. You do need to program your own strategies to have a chance of making money with Gekko.

      The article mentions both of these bots (5 Gekko – 3 Zenbot).

  • Friend Forever

    Hi Please explain me which BOT is preferable for beginer?
    What about BTCROBOT or CRYPTOTRADER?

  • ellistdee

    Which money laundering service pays the most?

  • Leslie Joshi

    what is the best automatic bot where make money using bittrex or bitfinex

  • chao shi

    How about the programmable bitcoin trading robot ?
    Some one are keen on the coding program by themselves, Because they want to use their own trade logic.

    The digital currency is a great invention , I think the historical trend is irresistible. Although It`s has some problems. But the risk for trading bitcoin is also important. So I suggest you use low risk strategy to trade bitcoin, such as hedge . There is many tool and subject online.
    For example:
    – tradingview
    – cryptowat
    – Xchange
    – BotVS

    If you are not good at write programing code , you can use the simple and easy platform that named BotVS.

  • Norbertas GL

    Believe me – every developer who knows how to write a profitable bot is driving lambos around your town, everyone else is trying to convince you that their bot is superb but your strategy sucks. Writing a bot that makes money in real world is no kids game. Most of them running inside exchange network and give you deals long after they matched pairs.

    • Steven Shelton

      whats the bot you use?

      • Norbertas GL

        hand made

  • Beatriz Marques

    Why Gimmer isn’t on this list?