The Best 3 Selected Cryptocurrency Trading Bots For Beginners To Make Money As Novice In 2020
Here are the best Crypto Trading Bots for beginners that will help you create and run successful trading strategies without programming.
In 2020, the crypto bot automation tool you need is the one that can create and run trading strategies without programming (zero coding), track portfolio, curate advanced order types, easy for beginners, fast, and works 24/7. Let’s make sense of the top bitcoin bots that will make the most of advanced order types while keeping everything in one place.
Have you ever comes across these lines: “making sense of technical indicators using the major crypto trading bots, drawing the Bollinger band to make profits, and etc”?
Perhaps you’ve heard so many crypto trading terms so much that you think these phrases can only be identified with using the most powerful crypto trading Bots out there.
The point is, finding a Bitcoin trading automation bot service that fulfills your needs and requirements isn’t that difficult.
The popular and best bitcoin trading bots services are mostly the same – features and price-wise. This includes free trials, a wide array of trading by automation templates, crypto exchange integrations and auto-cloud-trading scheduling.
Top Conditions to Look for When Choosing the Best Crypto Trading Bots
Here are some of the factors to checkmate when choosing your bot trading platform.
1. Easy to Use. AKA for Beginners
There is no need to get drown in the middle of placing a trade with any crypto tools if it is not beginners friendly. Apart from considering the easiness, the simplicity of a platform is also important. Why?
Because too many integrations will bore a newbie out.
2. Bots with Transparency
One of the conditions of choosing a bot trading platform is the transparency, community, and relationship it has with her users/clients. This cements the need to use the bot whose developers are widely known for their work in the community.
It’s one thing to opt in to use a bot and another to use a secure platform knowing too well that your money is involved here. At this point, it seems the trading bots that are also managed on the cloud offer the best security measures for the client’s funds.
Luckily, all the bots featured in this review are all hosted on the cloud for maximum security.
Choosing the Best Trading Bots to use as a Beginner
When using a bitcoin trading tool, you’ll be able to automate your crypto workflows, track your profitability stats, manage your limit orders, and better trading, and build a growing crypto portfolio.
But, when it comes to choosing the best cryptocurrency trading bots, saying you have a lot of options would be an understatement. In fact, when we last did our research we found there to be 10+ Altcoin trading bot services (both free and paid).
Having sieved the numerous list using a backend consideration of total beginners who want to make sense of using automation tools to trade,
Here’s a list of the Top 3 Best Crypto Trading Bots for Beginners that should make your decision a lot easier.
1. CryptoHopper Bot
CryptoHopper is the best Crypto trading bot to use as a beginner. By best, it comes down to offering both advanced options for the advanced guys and also a simple platform + service add-ons for the newbies.
When you go over to CryptoHopper’s Website, one of the first things that will cut your attention is the Live Bot Trading session going on – all traded and managed by the hopper bot tool. You will see something like the below image on their homepage.
Their bot automation software comes with a PIONEER Package, a 7-day free trial plan which comes with limited accessories/integrations to use, however, its HERO plan, called “Pro Trader Package” offers users multiple customization and integrations options while keeping it simple and user-friendly.
Known in the crypto community as a World-class automated crypto trading bot, CryptoHopper has grown to become one of the biggest crypto bot trading services in the world. They continue to advance their offerings and grow into new spaces that other providers aren’t covering.
For instance, using her “HERO PACKAGE” you will get a Fully Data-Driven which beats down Panic selling, greedy buying which are some of the factors that aid crypto losses.
With the “Hero Plan”, they make room to curb your emotions which are some of the ways that may affect your trading for the worse.
CryptoHopper uses pure analysis to drive its trading decisions plus the application of 130+ indicators and candlestick patterns.
Also, with the “Hero Plan”, you go on to make profits as you get on-hand over 90+ Candle Patterns. Why is this?
Being the only trading bot that recognizes candle patterns, Candle patterns allow the hopper to perform “naked trading” which is a vital functionality for professional traders. And if you are a beginner, CryptoHopper is made for everyone. No coding experience is required. Set your hopper up in 5 minutes and go.
Here is the “Hero Plan” that offers the said cupcakes.
Beyond the unique features above you’ll also get a wide range of Copy traders, manage all your exchange accounts, use market-making and exchange/market arbitrage and simulate or backtest your trading. And these are enhanced using a dashboard that presents your most important trading metrics.
CryptoHopper offers a ton of useful guides and services, very helpful for those who don’t have any experience trading crypto with bots. Plus, you’ll get access to live chat, email, Telegram chats, and phone support.
The Super Benefits of Using CryptoHopper Bot for Crypto Trading
1. Easy Peasy UI- Platform for Newbies
– Have you ever seen the Hopper bot dashboard?
I can tell you that CryptoHopper is made for everyone, mostly beginners who might choose to make use of the soft tools offered before going on to use the advanced tools options for functions such as trailing stops, technical analysis and etc.
2. 24/7 Active Trading Automation
You can sleep with your eyes closed in your pajamas if at all you created the hopper to trade for you. Why?
The Automated trading tools of CryptoHopper allows you to trade 24/7 days, 365 days a year. It even goes as far as buying, tracking and selling your investments while you sleep.
3. Top 11 Exchanges + Trading over 100 Cryptocurrencies
CryptoHopper trading bot has integrated over 10 exchanges via their APIs: Huobi, Binance, Poloniex, Bittrex, Kucoin and more.
On top of that, you get to smoothly auto-trade as many cryptocurrencies as you want. 100+ tradable altcoins is just a starting point if you want.
4. 0$ Trading Fees for Each Hopper New User
As a new user on Hopper, you don’t need to accept more fees over exchange fees. Why? Because with the CryptoHopper trading bot your profit is yours to own & keep!
The CryptoHopper Bitcoin bot has a lot more to offer in 2020. Talk about; Smart Interaction; using multiple indicators at the same time, 90+ Candle Patterns; allowing the hopper to perform “naked trading”, 30+ Indicators; section of non-coded indicators, Papertrading/Backtesting, Trailing Features – Stop-Loss | Stop-Buy | Stop-Short | Bear Market Tools, and a lot more.
Still, there’s one glaring drawback. At times there are low quality external signals. Another concern would have been a lack of support for advanced trading strategies – but this matter would have been sorted out because when you join in you will be added to the hopper community and its other actionable communication routes for both personal and other business concerns.
And let me not ignore the fact that CryptoHopper runs on the Cloud. The reason for this is for maximum security & reliability. So you’re right there in safe hands.
Who should use this Trading Bot software?
CryptoHopper bot is a great choice for small crypto portfolio owners, beginners, and advanced users who need a tool that does more than the manual boring trading with punishing emotional decisions.
How Much Does Hopper Bot Cost?
There are four plans to choose from. Each of these plans breaks down into pricing levels based upon a number of contracts/packages.
Selecting a Trading Bot Plan on CryptoHopper in 2020
The New CryptoHopper plans come with her price tags attached to them.
First, you have a Free Trial Plan – called “Pioneer”.
The Starter package for $16.58 Month – called “Explorer”.
Trader plus package $41.58/Month – called “Adventurer”, and
The Pro trader package at $83.25 / Month – called “Hero”.
Good thing is you can start a free trial today – no need for your credit card.
Advanced tools for Hopper Users vs Profit Indices
If you’ve been in the game of crypto trading for a while or an advanced crypto trader user, I recommend the – Pro trader package at $83.25 / Month – called “Hero”- why?
Because with it, you are sure not to miss out on the advanced tools + integrations to properly judge your profits and progress.
I am saying that so as not to use the free plan and judge your profitability strengths when the advanced package has so much in stock for you.
This is important for a better judgment as many have signed up for the “Pro trader package for 1 month” and seen the efficacy of it.
The Top 11 Listed + Supported Crypto Exchanges on CryptoHopper Platform
Below is a list of Bitcoin exchanges wherefore you can easily manage all your exchange accounts in one place.
CryptoHopper User Reviews
With a community of over 150,000 and over 25,700,654 trades opened on CryptoHopper, here are what some users had to say.
(5 out of 5 stars)
“So far for a begginer I’m enjoying this, got a lot to learn but it’s a good platform with useful tutorials to assist you along. I would recommend CryptoHopper.”
(5 out of 5 stars)
“Great app. I don’t understand cryptocurrencies very well but from what I saw in the demo you can profit. I will definitely buy the basic version to upgrade and profit.”
2. HaasOnline Trade Server Bot by HaasOnline
(The Next Best Crypto Trading Bots 2020)
HaasOnline Trade Server Bot is a powerful crypto trading automation solution for those that already have a knowledge of crypto trading.
Its trading tool allows traders to deploy highly complex crypto trading bots that will execute automated trading strategies across over 20 crypto exchanges with the precision and reliability. Unfortunately, HaasOnline doesn’t offer a free trial (which is slightly limited).
For more than 5 years of running a successful bot trading platform, HaasOnline Bot has done well to utilize the latest technology to provide users with the right set of tools to trade the way they want to, while protecting investments, even in extremely volatile markets.
How HaasOnline Trade Bot Works vs Getting started as a Beginner
Being a desktop-based bot, normal, and advanced crypto traders can jump unto it and backtest and deploy automated strategies across dozens of cryptocurrency exchanges in minutes, but truth is, as a beginner, using HaasOnline Bot will only be made simpler if you watch their free bots training videos. See the video below to launch in.
Kindly note that HaasOnline Trade Bot in a downloadable format is available for Windows, Linux and Mac as well.
Overall, it’s easy to use when you give it the initial time – seeing her tutorial videos.
Being one of the few bots with the constant release of software updates, the platform is great for intermediate and advanced traders where highly configurable trade automation and selection of large exchanges are made possible.
The Super Benefits of Using HaasOnline Bot for Crypto Trading
These are some of the automated Crypto Trading Features offered on HaasOnline Platform.
1. Indicators, Safeties, and Insurances
As an advanced user on Binance Crypto exchange, you would have been familiar with the following tools offered by HaasOnline bot. HaasBots can use technical indicators like RSI, MACD, and Fibonacci. As well as proprietary Safeties and Insurances to keep your investments safe.
2. Automation Trading with HaasBots
Like CryptoHopper, HaasBots has the ability to run trade 24 hours a day, 7 days a week, and 365 days a year when you automate your crypto trading strategy with it.
On top of that, you can conduct various technical analysis, execute manual trades, and watch multiple markets all from its market view.
3. 22 Crypto Exchanges + Trading over 100 Cryptocurrencies
Hassonline bot has partnered with 22 Bitcoin exchanges via their APIs: Huobi, Binance, Poloniex, Bittrex, Kucoin and more.
Additionally, you get to smoothly auto-trade as many cryptocurrencies as you want so far the enlisted crypto exchanges have them as trading pairs.
With this kind of freedom, you can employ/deploy complex trade strategies as offered by Hassonline to counterbalance the market trading madness.
4. Zero Trade Fees for Each Hopper New User
On the HaasOnline platform, they don’t believe that they should profit off your trading activities. That is to say, what you earn is yours to keep.
Still, there is a very big drawback. Two to be precise. #1. HaasOnline has a seemingly difficult platform for beginners to get started – that is without seeing her tutorials. #2. There are no marketplaces and limited external signals.
Apart from the above, another advantage of Hassbot is that it gives you control over your trades, so, there are no restrictions based on your trade activity. Want to enjoy the benefits as a new user? Sign up here.
Who should use HaasOnline Trading Bot?
Hassbot is a great choice for the “patient to learn, normal, and mostly the advanced crypto users” who need a tool that does more than the manual boring trading with punishing emotional decisions.
For an advanced user, it is a matter of shifting from Samsung product if you’re an Apple product user.
How Much Does HaasOnline Packages Cost?
There are three (3) plans to choose from. Each of these plans breaks down into pricing levels based upon a number of contracts/packages.
Haasonline offers packages for 3 Months, 6 months or 12 Months. Meaning, you will have to pay for any of the conjoined months to make use of it.
Selecting a Trading Bot Plan on Hassonline in 2020
Below is a representation of the bot plans offered on Hassonline platform.
If you are going with Hassonline, since their bot plans are on the high side I would have recommended you get started with their least plan (beginners plan), but the said plan does not have “Visual Editor” which is not what you want.
For this reason, I recommend you Try the popular plan – “Simple”- (Ideal for growing investors) – for the ONE month and see if this is really what you want.
Confused on Hassonline Bot Plans?
If you can’t immediately figure out the right Hassbot plan for you, here is what to do. Kindly Scroll down and click on “Compare Plans” to see a whole list & details.
Selecting a Trading Bot Plan on Hassonline in 2020A
Below is a list of Hassbot-Altcoin exchanges wherefore you can easily integrate your trades.
3. Live Trader Trading Bot
(The Mini-But Effective Bitcoin Bot for Crypto Users)
Live Trader is a simple-to-use crypto trading bot than Hassonline for beginners and smaller portfolio users as it comes with a free plan.
They offer highly customizable automated bitcoin/altcoin cryptocurrency trading bots to trade 24/7 on her affiliated cryptocurrency exchanges.
Run by BOT Capital Pty Ltd which retains an Australian Company Number (ACN 630 223 620). On the Live Trader platform, you can create your trading strategy using up to 6 integrated exchanges.
Additionally, you get access to popular technical indicators such as RSI, MACD, MFI, STOCH, and SMA, and provides its users with anywhere from 20 to 500+ different trading bots depending on their monthly subscription.
Another enticing function is the freedom for users to gain valuable insights into their bot’s trading patterns. That is to say, you can easily keep your fingers on the pulse of your bots with your own in-depth dashboard. This factor gives you valuable insights by analyzing your trades to increase your profit from your strategy.
The Super Benefits of Using Live Trader Bot For Crypto Trading
1. Ability To Experiment With Different Indicators
Enabling 24/7 bot trading, one of the best ways to build a striking crypto-bot trading strategy is to first familiarize and make use of different indicators as offered on the platform for maximum profiting.
With Live Trader, before you release your bots on the live markets you have the option to take your time and test a favorable strategy using the historical markets to ensure it meets your personal profit targets.
If you are going with Live Trader bot, I highly recommend this because it is one way to get ahead of other crypto traders in the market.
2. Take Charge of the Market running your Bot without Zero Risk
As found on other bot trading platforms, one of the ways to risk-free trading is using paper money to gain insights into how your strategy would perform live. How does this work?
Using the Live Trader software, your bots will create trades under live market conditions so you can analyze how they perform against other traders.
As a matter of fact, you don’t need to connect your exchange as these bots won’t interact with your exchange at all.
3. Top 7 Exchanges with over 100+ Crypto Assets to Trade on
Even though Live Trader Bot is not widely known as compared to CryptoHopper & Hassonline, they’ve still done a great job to get their bot integrated with top crypto exchanges such as Binance, Binance.US, Bitfinex and more.
With this partnership, a user can trade over 100+ crypto assets as Binance alone has enough cryptocurrencies any user can trade on, same as on other exchanges.
Many other advantages Live Trader bot offers are 24/7 trading in the cloud, Premium Support, Market Anomaly Detection, Advanced Strategy Configuration and more.
Even with the above advantages for crypto users, there are still some drawbacks.
Live Trader bot is not yet popular as compared to others, meaning, they are still building her online community development and expanding. Also, the tool might be a bit complex for total crypto Beginners.
Getting started with Live Trader Trading Bot
I was curious about the Live Trader tool, so, when I contacted the Live Trader Team (Mr. Alex), one question I asked him was the unique options they offered as not seen on other bots like CryptoHopper and the likes. Well, the answer was not obvious.
For instance, he admitted that the difference between Live Trader vs CryptoHopper wasn’t all that much as both offer very similar services.
However, the standup point was the intention to offer a more streamlined trading service that will cater to all levels of experience.
Coming back home. While a crypto user might need some trading experience to set up his or her bot strategy, the good thing about the bot automation tool is that even without your credit card you can get started to have a feel of what they offer – as compared to CryptoHopper or Hassonline.
To see how the crypto trading bot works, you can create an account by going to https://app.livetrader.io/signup. The account should help you get a feel for the product if it’s worth it or not.
Who Should Use This Trading Bot Software?
Any crypto user that has little or more insights in crypto trading. Knowing technical trading will be of great advantage to measure your profits in autopilot.
How Much Does Live-Trader Bot Cost?
Live Trader is not just affordable for beginners but super cheap for the advanced tools they offer if you go with its “Annual Billing”. That is, you “Save 20%” off payment.
Here is a breakdown of their price list if you are considering selecting a Trading Bot Plan on Live Trader in 2020
Billed Annually – Save 20%
The “STARTER” package for $15/Month – Free Trial Plan.
The “ADVANCED” package for $39/Month.
The “PROFESSIONAL” package for $79/Month
The Advantage of Live Trader Bot Packages to CryptoHopper & Hassonline
When you compare the allowance or freedom Live Trader gives you to test out her tool it makes more sense than the price offerings of Hopper and Hassbots. How?
You can try out all Live-Trader bot packages for free on any plan you choose to; “Starter, Advanced and Professional”.
And if you are going with Live Trader, I recommend you go with the popular plan – “ADVANCED” as it offers premium integrations and add-ons to really see your profitability. Remember it is free, so, use the best.
Additionally, with the “ADVANCED” package you can make use of over 250 bots, 5 Technical strategies and freedom to use ALL the indicators, and other advantages/privileges.
Want to test out all the premium features Live Trader offers on all its bot packages? Click below to get started for free.
The Top 7 Listed + Supported Crypto exchanges on Live Trader Platform
Live Trader Bot User Reviews
(4 out of 5 stars)
“When I started to live trade my strategy, it wasn’t the best, but after talking to other traders in the Discord I increased the performance by +28%”
Most crypto trading bot providers offer similar services. When the time comes to choose the best crypto trading bots for total beginners you’ll want to take your budget and trading needs into account.
If you want something that is scalable and easy to get started, sign up with CryptoHopper free trial.
Let the list above help you make the right decision for your crypto trading journey. And remember, you’re never locked into any Bitcoin bot service. If you’ve tried a particular bot and not satisfied with the advantages they offer, you can move to a different provider if the need arises.
The important thing is to choose a favorite Bitcoin and Cryptocurrency trading bot and get started! The longer you wait, the more money you’re leaving on the table.
Further Reading on CasterlyCoin.com. Check out ” Top 3 Hackers Best Crypto Hardware Wallets For Beginners In 2020 (No.3 will shock you!)“