Bitcoin trading has come a long way, evolving dramatically along the way. It is now possible to trade Bitcoin using robots because of this evolution.
Bitcoin robots help traders and investors to participate in the Bitcoin investing/trading process without emotions, thus increasing the chances of success devoid of human sentiments.
Using robots also ensures that trades are executed 24/7, including at night when you sleep or when you have other things to attend to.
There are different Bitcoin robots out there, but the one you choose for your trading depends on what you want or have in mind. The following are the top choices you can pick from in 2024.
This is a popular Bitcoin trading bot that is absolutely free to use. The bot allows users to automatically buy and sell digital currencies without needing to take the time to carry out market research.
It places orders automatically as it is an autonomous bot that executes orders based on set instructions. While it usually trades BTC/USD, the bot can also trade other pairs when it sees opportunities for profitable trades.
However, you need a minimum deposit of $250 to start using the bot, after which it commences trading automatically on your behalf. The bot also exists as an app that you can use to track your progress on the go.
This is an ideal bot for beginner traders as it allows users to first try out their trading strategies using a demo mode. A demo mode allows you to try out your trading skills in a mode that doesn’t involve the use of real money.
After you test your strategies and make all the necessary adjustments to start making profits, Bitcoin Motion will then ask you to activate the live bot to start trading with real money.
The catch is that you need to deposit at least 250 euros before using the demo or live accounts. The platform also charges no trading fees, and profits can be withdrawn every day.
The robot then scans the market 24 hours a day to look for profitable opportunities to trade. It is said to use AI and ‘sophisticated algorithms’ to achieve this in order to maximize profit for users and reduce risk of losing in trades.
Bitcoin Era is a robot specialized in high-frequency trading. This is a trading strategy that involves placing dozens, or even hundreds of buy and sell positions each and every hour without fail. This ensures high frequency of trading, something some traders are specialized in.
The strategy is designed to bring small but consistent profits 24/7. With a minimum deposit of $250, the Bitcoin Era robot will begin trading on autopilot for you.
If you’re a beginner trader, you may also find the demo account of this robot helpful. This allows you to try out your strategies before implementing them in real trades.
If you find that your strategy isn’t profitable, you can make a few changes and keep trying until it is profitable and you can commence trading.
This is the ideal robot for those who love to trade on their mobile phones. The free bot has optimized its website to make it easy for you to access your account and track your trades right on your mobile phone.
With your phone, you can track your trades, adjust your account settings, as well as deposit and withdraw funds. You need at least $250 to start using the bot.
Bitcoin Code is a Bitcoin trading robot designed specifically for beginners even though it is an advanced trading software. The app interface is designed to make it easy for beginners to use seamlessly.
This gives users access to highly sophisticated trading algorithms without needing to have any prior experience in the Bitcoin industry. With a minimum of $250, you can access and trade with this bot which is regularly updated to keep up with the most recent crypto developments.