![]() ![]() The main purpose of the bot is to make your trades go smoothly. This bot is widely considered as one of the most popular trading bots and has been in the crypto world since 2018. When you think about crypto trading bots, probably one of the first names that come to mind is exactly Bitsgap. Some of the more popular Pionex bots are DCA bot, DCA Martingale bot, spot grid, reverse grid, futures grid, Pionex arbitrage bot (profits on coin price volatility by buying short futures positions while keeping the same amount in the spot market. It makes money from the interest paid for holding margin short positions). This is great for grid trading since you can cover many price ranges unlike with other bots that stop trading once the price is outside the set price range. This is more than enough for the average trader. In a single trading pair, you can make up to 30 bots. Pionex’s trading fee is below market’s average. Pionex has no monthly fee, but only a 0.05 percent rate as a trading fee. It’s got 18 different bots, from the basic ones to the super advanced leveraged bots and structured products. Pionex is the first free, integrated crypto trading bots exchange worldwide. Pionex – best trading bot for Binance (free) ![]() We come to the central part of this article – a close look at the five best Binance trading bots. In this article, we are going to take a close look at some of the best ones. One of those features is that Binance supports using crypto trading bots. ![]() One of the recent reports that Binance published said that the platform now has over 7.9 registered users. Hard to argue, considering the number of features and things you can do on Binance, but also in terms of volume. What is BinanceĪs already mentioned, Binance is one of the most popular crypto platforms. Of course, these bots are not 100% reliable (like with most other things in the crypto world), but they can save and earn you money more often than not.Įven if you are a great crypto trader, you cannot do it for 24 hours every day, right? So that’s where crypto trading bots become very interesting. The main advantage of crypto bots is that they exclude entirely human emotions, which can sometimes be dangerous for traders. The code allows the bot to automatically trade, open and close positions based on the strategy. Let’s explain how it works.Ī team of coders and traders combine their ideas to create a code for the trading strategy. In other words, if you are not a fan of coding, then these platforms will make your life easier and help you make your crypto trades automatic.ĭo you want to trade and try to make some profits, but you do not have much time or energy to invest in crypto trading? Then, trading bots are made for you! How does trading bot work?Īlright, now we understand what a crypto trading bot is. However, many crypto platforms provide this service for you. If you want to automize your trades, you have to write a code for your trading strategy. ![]() The definition perhaps sounds simple, but I would not say it is as simple as it seems. Let’s first have a quick look at the 3 best bots for the Binance exchange and after that, we will go through each of them in details and some of their main competitors.īefore we get into explaining the best Binance trading bots, we have to understand what a crypto trading bot is.Ĭrypto bots are defined as systems established to automize your crypto trades. Please read our detailed review of Binance here.Please read our detailed review of Cryptohopper here.Please read our detailed review of Coinrule here.Please read our detailed review of Bitsgap here.Please note that all the exchanges ( Binance as well) connect to your trading platform using API keys, and therefore it is not possible to make withdrawals from your trading exchange. However, other crypto bots work with Binance as well and the best among them are: Pionex, Bitsgap, Coinrule, CryptoHopper and 3Commas. What are the Binance API trading bots rules?īinance has it own trading bots (spot grid bot, futures grid bot and TWAP) that can be found under the tab ‘strategy trading’ in their mobile app.150 Different rules to create your unique trading recipe.Pionex – best trading bot for Binance (free). ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |