Top 5 Crypto Arbitrage Bot for Trading Bitcoin

Bots are computer software designed to perform specific activities with minimum human intervention. In the field of Bitcoin trading, Bitcoin trading bots automatically trade one or more cryptocurrencies on one or more platforms on behalf of the user. They automate trading tactics to boost trading profits. Read on to find the best crypto arbitrage bot for Bitcoin trading.

1. Pionex

Pionex is a cryptocurrency exchange founded in 2019 and headquartered in Singapore. The exchange is simple to use and contains a wealth of tutorials on automated trading and how to utilize each bot that the company provides.

The exchange now supports the following bot types: Copy Trading Bots, Social Trading Bots, Martingale Bots, Arbitrage Bots, Grid Trading Bots, Rebalancing Bots, DCA Bots, and Spot-Futures Arbitrage Bots. Each bot will have a unique trading strategy. However, only a few of them will be suitable for arbitrage trading. Some of these bots will be mainly designed for arbitrage trading, so you should gain from them, mainly because they are free to use.

Some of the features of this crypto arbitrage bot are:

• Automated trading with 18 free bots.
• Deficient trading fees 
• 120+ different cryptocurrencies supported.
• Android and iOS mobile apps 
• Live chat and email customer support.

2. Cryptohopper

Cryptohopper is a cryptocurrency trading bot that was created in 2017 in Amsterdam. It provides various services, including automated trading, cryptocurrency signals, risk-mitigation features, trading bot designs, and technical analysis.

CryptoHopper is free with the Pioneer Plan. However, you can choose from a wide range of plans, such as the Adventurer package, which costs $49 per month, the Explorer package, which costs $19 per month, and the Hero or Pro Trader pack, which costs $99 per month, all of which have different features and functionality than the Pioneer Plan.

Some of the features of this crypto arbitrage bot are:

• Access to cutting-edge software.
• Mobile app.
• Advanced security features.

3. Quadency

Quadency is an online crypto platform whose primary goal is to assist its customers in connecting numerous exchange accounts in a single interface, ensuring a smooth asset management system for all cryptocurrency traders. The site is intended for newbies, but seasoned cryptocurrency investors benefit significantly from it because it provides sophisticated cryptocurrency trading capabilities.

Quadency also provides extensive support for various trading bots. There will be 11 distinct crypto bot kinds to select from (including Grid Trader and RSI bots), and they will all be based on MACD indicators for optimal efficiency. Furthermore, Quadency allows users to develop their bots, providing for some degree of customization within the application.

Some of the features of this crypto arbitrage bot are:

• Supported trading bot types
• Advanced trading tools and charting.
• Intuitive user interface.
• Supports several trading strategies.

4. NapBots

NapBots is a crypto arbitrage bot and platform that assists you with the cryptocurrency market by utilizing arbitrage tactics developed by some of the top minds in cryptocurrency investing. Based on the regularity of your transactions, you can choose from an extensive range of manual and automatic cryptocurrency trading tactics to automate your trading.

The platform has a bitcoin trading bot for every type of trader, whether you want to rebalance your account automatically or like to day trade. They also protect all valuables on your exchange account, preventing hackers and thieves from accessing them.

Some of the features of this crypto arbitrage bot are:

• Copy-trading feature.
• Multi-account feature.
• Exceptional customer support

5. Coinrule

Coinrule is a web-based service that integrates crypto trading bots to more than ten of the top cryptocurrency exchanges. It automates trading using APIs and supported exchanges, including Kraken, Binance, and Coinbase. Coinrule has over 10,000 readymade tactics and rules that you can adjust.

Coinrule does not impose trading fees; instead, it provides users with a monthly plan ranging from $27.99 to $449.99, as do most trading bots. The basic plan includes four rules and one linked exchange, and new members can take advantage of a free seven-day trial of the basic program. The Pro Plan consists of 100 laws and an infinite number of linked exchanges.

Some of the features of this crypto arbitrage bot are:

• 10+ crypto exchanges compatibility
• 150+ premade rules.
• 10,000+ strategies.
• Create custom rules.

Conclusion

The arbitrage strategy’s primary goal is to make money by leveraging the variations in cryptocurrency coin value between two marketplaces. Compared to other strategies that need technical analysis, it is a straightforward approach to trading cryptocurrency. Furthermore, its volatility makes it one of the best trading strategies for crypto markets.