A Guide to the Top Bitcoin Robots
With volatility a defining feature of the crypto market, making the right moves at the right time is the only way to ensure maximum profit. However, with so much information and so little time to process it, this isn’t easy. Fortunately, we have Bitcoin robots – and we’ve reviewed and found the best options out there. Read our complete guide on how to make trading bot Bitcoin purchases to find out how to benefit from trading bots today.
What is a Crypto Trading Robot?
A crypto trading bot is a piece of software that’s programmed to execute trades without human intervention. In simple terms, you can select one of our recommended Bitcoin trading robots, set it up and watch as it makes trades for you. Of course, if you want to dig a little deeper and adjust certain variables, you can. The main thing to note is that crypto robots do most of the hard work for you.
If you‘ve made online investments before, you might already be familiar with trading robots. What makes a Bitcoin trading bot slightly different is that it’s more affordable. Because blockchains are designed to be “open” networks, developers can get direct access to the technical bits powering an exchange. In contrast, only the largest trading firms have full access to what goes in the forex world, for example.
Bitcoin exchanges aren’t a closed club for the trading elite, so more developers have been able to create Bitcoin robots. The upshot of this is that it won’t cost you £10,000+ for a trading bot subscription. In fact, as you’ll see when you check out our trading bot Bitcoin reviews, the leading Bitcoin robots cost significantly less.
How Do Bots Trade Bitcoin?
OK, so a crypto robot will make trades for you. The question is, how? Put simply, the software will interact with an exchange and process various sets of information to make a decision.
Because top-rated trading platforms like eToro allow third-party developers to plug into an application programming interface (API), crypto bots can react as the market changes. Although we won’t get into the technical side of things, the basic outline of the interaction between bots and exchanges is this:
– Developer A creates a trading bot and links it to Exchange B via an API- The API filters various sets of data from the exchange and sends it to the crypto bot- The algorithms in the Bitcoin trading bot interpret the market data- Based on the information received and its pre-set protocols, the bot executes trades- The API receives the order from the bot and applies it to the user’s trading account
Although the actual software is a little more technical than we’ve outlined, that’s the basics. From this, we want you to find the best trading bot Bitcoin developers have come up with. To help you do this, we’ve reviewed the leading brands on the market today. By using our links, you can read expert reviews on Bitcoin robots and decide which one you’d like to use.
Our top pick in this rundown of Bitcoin robots is Bitcoin Code. Developed by Steve McKay, this software is currently operating at 99% profitability. By joining Bitcoin Code, you’ll be given access to a private members area and a bot that can make 97 trades per day. Although success stories vary and some have claimed this product is a scam, our Bitcoin Code review tells you why this is the case. As we’ve noted, Bitcoin robots don’t always get it right. However, this one has a theoretical average success of 99.4%.
If you like the idea of Bitcoin robots but you don’t want to pay, Cryptorobot365 could be for you. As our team points out in this Cryptorobot365 review, there isn’t an upfront fee for the software. Instead, you’ll pay a small charge each time the trading bot completes a trade. What’s also great about this product is that it’s regulated by the Financial Conduct Authority, which means you can use our Cryptorobot365 sign-up link and not be concerned that your money is at risk.
You may have noticed that a lot of people have asked, “is Binbot Pro a scam?” Well, if you read our Binbot Pro review, you’ll see that it’s not. One of the biggest selling points for this crypto bot is that it only works on currency exchanges. Unlike some programs that span a variety of markets, Binbot Pro only takes historical data from currency markets to make predictions. This means you can use our Binbot Pro link to register an account and then link it to one of our top-rated Bitcoin exchanges.
As we’ve explained, Bitcoin robots are an offshoot of traditional trading bots. Centobot is one such product. As you’ll discover when you read our Centobot review, this software started life as a forex aid. Today, thanks to the rise of exchanges, crypto wallets and everything else in between, you can use it at eToro and other trustworthy cryptocurrency exchanges to trade Bitcoin. The benefit of joining Centobot is that you can make deposits at a level that suits you. Each of the three bots available has an increasing range of features, with the top one offering 303% payout potential.
Other Great Crypto Trading Robots
Alongside our top-tier Bitcoin robots, we’ve also reviewed some other impressive products you should take a look at…
Everyone loves to find a glitch in the matrix and that’s exactly what Bitcoin Loophole endeavours to do. In our Bitcoin Loophole review, we explain how this software aims to apply what it describes as the “flock” principle to your trades. Capable of executing trades on 60+ assets, this trading bot is extremely flexible. Use our Bitcoin Loophole download link to get it to assist your trades at eToro.
If you’re looking for an alternative to Bitcoin robots, Ethereum Code has the answer. Created by Marc Weston, the software runs in the background and will trade the popular altcoin Ethereum for you. Our Ethereum Code review outlines how this bot is free and support is available 24/7. However, if you do follow our Ethereum Code registration link, it’s worth noting that the minimum deposit is $250.
For an all-round crypto trading experience, this algorithmic operator should be one of your go-to products. Unlike some Bitcoin robots, our Crypto Code review found that this software is mobile-ready and extremely user-friendly. By spotting trends as they develop, you can use our Crypto Code link to make trades before everyone else spots them and causes an inflection point to happen.
How To Identify Crypto Robot Scams
To help you identify scam trading bot, here are some tips on how to stay safe in this emerging market:
Do you know who made the bot? If you can’t find any information about the creator or the company behind a product, it’s a sign that someone has something to hide and it may be a scam. How long has the product been around? Being new doesn’t mean something is a scam. However, if a trading bot has been around for a few years, there’s a better chance that it’s legit. What are the fees like? A lot of our recommended Bitcoin robots are free and only take money from you if the software completes a trade. Any product that asks you to pay a large amount of money up front without telling you what you’re going to get in return should raise alarm bells. Has it been reviewed? Our job is to use our industry insights to review the best crypto trading bots. Therefore, if you really want to avoid a rogue site, the list of providers below are a great start:
– Bitcoin-code crypto auto trading robot – Bitcoin Loophole crypto auto trading robot – Bitcoin Trader crypto auto trading robot – Cryptorobot365 auto trading robot – I-Bot crypto auto trading robot – Crypto World Evolution auto trading robot – BTC Robot auto trading robot – Gekko auto trading robot