As the cryptocurrency market grows in popularity, we can see a growing trend of traders interested in automated crypto trading bots and services. We are going to look at the best-automated cryptocurrency trading apps. An adequately implemented bot can do some of the functions for you are rebalancing, portfolio management, data collection, smart order routing, among others
The emergence of the coronavirus pandemic has spiked a significant interest in cryptocurrency trading worldwide. Financial experts believe investing in cryptocurrencies like bitcoin is an important part of one’s investment portfolio. As COVID-19 crashed the stocks and traditional financial markets, the majority of traders shifted towards cryptocurrency trading and investing. As such, we took time to prepare a list of the best crypto trading apps in the market starting with the best of course.
Bitcoin Up
Bitcoin Up is a smart computer software resourced with algorithms that facilitate the app to execute trade orders on behalf of the user. The only thing a user needs to do is to follow the provided instructions, as the platform does not require any special skills. The application has grown popular with traders, given its almost perfect score on customer review platforms online.
Bitcoin Up reportedly earns its users loads of profits from just a minimum investment of only $250. The platform allegedly has a 300 percent return on investments made, and users seem quite happy with it. Although Bitcoin Up has an enormous profitability potential, it has its risks too. Experts recommend users only invest an amount they can afford to lose. What sets Bitcoin Up apart from the others is that it is entirely free to join and be used by anyone.
Mudrex crypto trading app
The crypto trading app makes investing in digital assets as easy as investing in mutual funds. Mudrex is very open with its information and data, plus it hosts a range of trading robots. Users can pick their preferred bots depending on their risk hunger and the price for each.
The cryptocurrency trading platform boasts more than 7,000, with over $400 million traded daily. The project is financed by famous venture capital firms and angel investors. The platform is linked to about 8 of the top crypto exchanges in the market. The good thing about Mudrex is that all information and data about the app are transparent for everyone to access.
Bitsgap
The Bitsgap trading platform is well known for its unparalleled automated trading robots. Many investors and traders with varied skill sets and experience are using the Bitsgap trading platform to generate profits from the highly volatile cryptocurrency market.
The Bitsgap algorithm is tailored to make the most of the highly volatile market by buying low and selling high. The platform is fitted with risk management features such as stop-loss, buy and sell limits, trailing up, and many exit strategies.
Plus500
Plus500 is one of the best crypto trading platforms with virtual trading features. Apart from offering crypto trading services for tokens such as bitcoin, ethereum, litecoin and others, it also offers thousands of CFD instruments. One can also trade stocks, commodities, indices and others.
Plus500 is secure and most importantly legit and regulated by top tier regulatory bodies such as FCA, ASIC, MAS, and CySEC. As such, all user funds are held in segregated financial institutions with the service provider adhering to all anti-money laundering laws. You don’t have to worry about cyber attacks on the platform as you will simply be trading CFDs.
TradeSanta
TradeSanta is connected to eight of the best crypto exchanges on the market. Some of these exchanges include Binance, Bittrex, HitBTC, and Bitfinex. One of its outstanding features is the Grid Bot. However, you will need to pay $14 to $70 each month, depending on your package level.
Trade Santa is a useful trading platform when you are willing to trade cryptos but there is not enough time to execute each trade order manually. Setting up a Trade Santa is easy and straightforward. Once you submit all the required registration information, you will receive an email confirmation that has all the instructions you need to move forward and verify the account.
Quandency
Quandency is a smart application to trade and manage your cryptocurrencies. The good thing about this platform is its backtesting feature which can be done using figures and data instead of empty guesses. It is alway good to know about the trading performance based on history data before investing your money with a crypto trading bot.
Summary
There are thousands of cryptocurrency trading platforms to choose from in the industry. You are required to spend time evaluating these apps to find out if they provide you with what you are looking for. In the above list, we have summarised some of the top trading platforms starting with the best, designed to handle specific needs for different traders.