Artificial intelligence (AI) has brought automation and data analysis benefits to the world of cryptocurrency trading. Crypto investors can now streamline the buying and selling of positions using trading bots that use technical indicators, much like traditional AI stock trading.
24/7 market availability in cryptocurrency trading presents a significant challenge as constant chart monitoring is necessary to avoid missing out on potential trades. As a result, AI crypto trading bots have become increasingly popular.
These bots offer superior performance and eliminate the need for extensive research into various strategies and parameters. They are also a great option for novice traders looking to enter the crypto market, allowing them to leverage profitable strategies without professional expertise.
As a result of the growing popularity of AI crypto trading, there has been an influx of trading bots in the market. Here are some of the top AI crypto trading bots available today.
1 Ingsai Bot
Ingsai is a financial services company headquartered in the USA that specializes in high-frequency and algorithmic trading. In 2021, the company developed an innovative quantitative trading strategy that has shown impressive results in real-world market applications. In 2023, Ingsai is planning to launch its flagship product, the Ingsai AI Bot, a high-frequency quantitative strategy, after securing funding.
The Ingsai AI Bot is an AI-powered platform that offers efficient and reliable trading strategies for crypto investors. It focuses on quantitative trading strategy development and services. Ingsai Bot analyzes real-time market data and text-based sources through natural language processing, gaining valuable insights and adapting quickly to changing market conditions. It continuously optimizes its trading strategies through deep learning algorithms, ensuring their long-term effectiveness.
Here are some of the benefits of using Ingsai Bot:
Daily Steady Income
Ingsai Bot promises a daily income of 3.5%, which is a higher daily return than other AI crypto trading bots. This steady income could double your investment within a month.
Attractive Referral Program
Ingsai Bot offers an attractive referral program, allowing users to earn a commission of 10% for each referral made through their unique invitation code.
User-friendly Interface
Ingsai Bot is user-friendly, with a simple one-click setup process for choosing strategies and parameters. It is also available on mobile, enabling convenient trading on-the-go.
2 Pionex
Pionex is a trading platform that offers various bot options to its users. These bots include:
Grid Trading Bot – This automated bot allows you to trade cryptocurrencies within a specific range. It will automatically buy low and sell high around the clock, and all you have to do is set the range.
DCA (Dollar Cost Averaging) Bot – The Martingale Bot is designed to gradually increase investments during dips to reduce average holding costs. It is ideal for users who prefer to invest small amounts over a longer period.
Rebalancing Bot – This bot is perfect for those who have optimistic views on multiple coins and aim to hold them for long-term value appreciation. The rebalancing bot allows you to easily manage your holdings.
One of the standout features of Pionex is that you can trade without connecting to external exchanges through APIs. All trading takes place within the platform, and there are many other bot options available to choose from.
3 Mizar – The Automated Crypto Trading Solution
Mizar is a cryptocurrency trading platform that simplifies and automates trades, making trading more efficient and profitable. Mizar offers the option to engage in copy trading, where you can invest in strategies or signals provided by experienced traders, and mirror their success. Alternatively, you can set up your own automated trading bots and enjoy 24/7 cryptocurrency trading. Additionally, if other users copy your trades through the copy trading feature, you can earn a passive income.
Mizar also offers advanced features such as Take Profit, Stop Loss, and Trailing to minimize risks and maximize profits. Moreover, the Dollar Cost Averaging (DCA) bot allows you to control your level of risk. This automated program invests in cryptocurrency at preset intervals, aiming to improve the entry price over time and reduce the risk of opening a position at one single time.
The top benefits of using Mizar include no monthly subscription fees or upfront costs, easy-to-use one-click bots and copy trading with profit sharing, DCA bots and a smart trading terminal, and a paper trading account to test strategies risk-free.
4 Cryptohopper
Cryptohopper is a highly effective AI-powered crypto trading platform that streamlines the trading process and improves efficiency. It offers a range of services, such as portfolio management, social trading, copying services, and more.
The platform facilitates trades in major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin and supports over 75 cryptocurrencies and nine major exchanges, including Binance, Coinbase Pro, Kraken, Bitfinex, Cryptopia, Huobi, and Poloniex. One of the standout features of Cryptohopper is the availability of free trading bots that enable users to create and test their own bots.
The semi-automated trading bot eliminates human emotions and biases, using instead technical-based algorithms and programmed trading strategies. The platform offers several trading tools such as backtesting for bots, customizable indicators, trailing stops, and saveable templates. The web-based interface is user-friendly and easy to navigate, and the trading bot can be set to operate automatically 24/7. Algorithmic and social trading are also available.
The platform provides exceptional customer support, with a support team readily available to address any issues that may arise. This feature is essential for any crypto trading platform, and Cryptohopper stands out in this aspect.
Some of the main benefits of Cryptohopper are:
Comprehensive range of tools
Intuitive user interface
Large compatibility with exchanges and cryptocurrencies
Excellent customer support.
5 Bitsgap
Bitsgap is a comprehensive crypto trading platform equipped with a powerful AI trading bot that offers an array of features to its users. It eliminates the need to switch between multiple exchanges by allowing you to connect all your exchanges in one place. This feature provides numerous benefits, including the ability to execute strategies effortlessly and run advanced bots across multiple platforms simultaneously.
Bitsgap offers access to over 10,000 cryptocurrency trading pairs and has integrated with 30 different exchanges, including the top ones like Binance, Kraken, and Bitfinex. You can compare rates from different digital currency markets, track your investments, and test your strategies using a demo account. The platform offers various technical indicators to help you establish your strategies.
The user-friendly interface of Bitsgap makes automated trading accessible to both beginners and professionals. The platform’s standout feature is its proportional investment distribution capability, which allows you to distribute your investments proportionately within your chosen range, enabling you to make small, frequent profits on every market move. Orders are executed, and new orders are placed when the price hits the desired range.
Here are the top benefits of using Bitsgap:
Access to a demo account
Integration with 30 different exchanges
Over 10,000 cryptocurrency trading pairs
Proportional investment distribution