Free Crypto and Bitcoin Trading Bots with no fee

FREE Crypto Trading Bots from Binance, Bybit, Bitget, Kucoin

Free Crypto Trading Bots Summary

  • Bybit, Binance, Bitget, Kucoin, HTX, and Phemex offer inbuilt free crypto trading bots.
  • Bybit and Bitget has some AI strategies.
  • The free bots from crypto exchanges are a great start with simple-to-use settings.
  • We also list some premium crypto trading bots with many additional features.

Gate io – API Trading – 100% chance to win!

Gate IO API trading carnival futures trading competition with guarantee prizes

List: Best Free Crypto Trading Bots

The table below lists all the best premium and free crypto trading bots. 

Most crypto trading bots are compatible via an API with the top trading sites for cryptocurrency.

Bitsgap crypto trading logo
Tradesanta crypto trading bot logo with santa
Cryptx Terminal logo

What are Free Crypto Trading Bots?

  • A Crypto trading bot is one of the best crypto trading tools if you aim for automated trading.
  • A crypto trading bot is software that executes automated trading on predetermined criteria through carefully set instructions. 
  • Bybit, Binance, Bitget, Kucoin, HTX, and Phemex offer inbuilt free crypto trading bots.

 

Crypto Trading Bots

Putting it down in practice means you can set specific rules on how the trading bot should behave in certain situations. 

Cryptocurrency trading software aims to provide users a profitable business even when sleeping. Another form of passive crypto trading is crypto social and copy trading.

Are Crypto Trading Bots Profitable?

Not all crypto trading bots are profitable. Also, no crypto trading bot will be profitable forever with no adjustments and optimization.

Are Crypto Trading Bots FREE?

Many crypto exchanges offer free programmable basic crypto trading bots. You pay the standard trading fee according to your VIP tier level.

Are there different crypto trading bot strategies?

Yes, definitely! Crypto trading bots for DCA, arbitrage, scalping, and more exist. Read more below.

Are there crypto trading bots for beginners?

Yes, definitely! Bybit, Binance, Kucoin, HTX and Bitget offer good, simple, and free crypto trading bots.

Pros and Cons – Crypto Trading Bots

+ Saves time by automating the order-creating procedures

Bybit crypto leverage trading platform logo

1. Bybit – FREE Crypto Trading Bots with AI strategies

Bybit all free crypto trading bots screenshot

Bybit all free crypto trading bots screenshot

➤Bybit Trading Bot offers various pre-configured crypto trading bots with AI strategies. Also, there is an option to enter manual parameters. 

➤Bybit Trading Bot offers effective trading strategies that save time and possibly improve your investment returns at no additional cost.

➤Moreover, Bybit features its AI-powered cryptocurrency trading chatbot called TradeGPT, a complimentary trading assistant delivering real-time market analysis and addressing technical inquiries.

  • Spot Grid Bot – Performs best in a volatile market with no clear bull or bear trend. You must pre-program buy and sell price points, and the bot will execute the orders whenever the market reaches the predetermined price levels.

Bybit Free Grid Trading Bot Example in a grid trading chart with buy and sell orders

Above is an example of a spot grid trading bot.

  • DCA Bot – DCA (Dollar-Cost Averaging) is a long-term investment strategy commonly used in assets such as digital currencies. The trading strategy regularly invests funds in the target asset to obtain the average cost price. It holds the target asset long enough to achieve long-term investment returns. In a more advanced version, you can start to sell over a certain price level and buy back under a certain price level. Still, the most critical aspect is to accumulate over time.  
  • Futures Grid Bot – Similar strategy to the Spot Grid Trading Bot described above but in the futures market instead of the spot market.

  • Futures Martingale Bot – This bot will multiply your position after a specified price fall. You will present how many times you can multiply your position.

Martingale Trading Bot Strategy Automated

A Martingale bot multiplies the first buy with the second buy as the price falls.

In addition, Bybit has TradeGPT, an AI investment assistant based on ChatGPT and can also take advantage of Bybit’s internal trading data.

Read the full Bybit trading review.

Binance crypto exchange logo

2. Binance FREE Crypto Trading Bot

Binance all free trading bots sceenshot

Binance all free trading bots sceenshot

  • Spot Grid – See the Bybit section above for a full explanation of a crypto spot trading grid bot. Binance also has automated parameters or manual input.
  • Futures Grid – The crypto futures trading grid bot is the same as the spot bot but in the futures market.

Binance bot marketplace ROI results over 7 days

Binance bot marketplace ROI results over 7 days

  • Rebalancing Bot – Category portfolios are generated based on the category and market cap of the relevant coins. Examples are Metaverse, Liquid staking, or Proof-of-stake baskets.
  • Auto-Invest – Similar to the Bybit DCA bot described above. Accumulate a specific crypto over time and get a market average buy price.
  • TWAP (Time-weighted average price) – Only suitable for large orders. This bot slices large orders into smaller ones for a better execution price to avoid or minimize the slippage impact. Available on API trading.
  • VWAP (Volume Participation) – Split large orders across a specific market volume ratio. Available on API only. The Volume Participation algorithm is suitable for an order execution strategy that aims to perform sizable notional orders more significant than the available market liquidity while minimizing the impact on the market.

TWAP VS VWAP

The main difference is the volume of trades executed during a given period. While TWAP gives equal importance to each time interval, regardless of the volume of trades executed, VWAP gives more importance to prices with higher volumes.

Bitget crypto exchange logo

3. Bitget – Free Crypto Trading Bots

What are the free Bitget crypto trading bots

Bitget has five different free automated trading strategies. You can choose between setting the parameters for each computerized trading strategy or letting an AI create all the trading parameters input for you
 

Bitget Free Bot Strategies

See the free Bitget crypto trading bot strategies in the bullet list below. The grid bot and the DCA bot are described in the Bybit section above.
 

Bitget Basic Bots

  • AI-Generated Spot Grid – Short or Long in three categories: Aggressive, Conservative, or Balanced 
  • Manual Spot Grid – Set your parameters
  • AI-Generated Futures Grid – Short or Long x5 in three categories: Aggressive, Conservative, or Balanced 
  • Manual Futures Grid – Set your own parameters
  • Spot auto-invest
  • Smart portfolio

Bitget Advanced Bots

 
 

AI Strategy VS Manual Creation 

Bitget has two options for each automated strategy. 
  • AI Strategy – An AI creates all necessary input for you. You only have to decide how much you want to invest.
  • Manual Creation – You must set the basics settings (Lowest price, highest price, and the number of grids). Also, you will have some optional parameters (Trigger price, Take-profit price, Stop-loss, Grid order mode, and Initial price limit.
 
The screenshot below shows an AI strategy developed for the BTC/USDT trading pair. It´s a spot grid trading bot with suggested parameters. You only have to determine how much you want to invest in the strategy.

Bitget AI strategy grid trading bot

AI strategy for grid trading: Bitget AI is using the grid strategy parameters recommended by the system. Recommended parameters are generated by calculating the most suitable parameters for the current market based on a smart algorithm combined with backtesting of the past 7-day market data.

AI strategy for Martingale bots: AI: Users select the investment amount and buying intervals from parameters recommended by the system based on personal risk preferences. Note that the recommended parameters are based on market history and asset volatility, and are calculated using Bitget’s backend algorithm. This algorithm is highly reliable and can be used as a trustworthy reference for traders.

Gate.io Free Trading Bot

Spot Grid: This strategy involves purchasing assets during price dips and then selling them collectively when the market recovers, aiming for profit from the rebound.

Futures Grid: Utilize this approach to capitalize on market volatility by engaging in trades on various sides of the price movements.

Spot Martingale: Implement a strategy of buying in stages during a price dip and then selling in a single transaction, aiming to maximize gains while minimizing risk.

Smart Rebalance: Keep your portfolio dynamically balanced, particularly suited for Coin-M trading, to maintain an optimal asset allocation.

Advanced Techniques:

Combined Indicator: Leverage multiple indicators for a more versatile and flexible bot strategy.

Spot-Futures Arbitrage: Engage in risk-free arbitrage by hedging between spot and futures markets, exploiting price differentials.

Infinite Grid: A grid bot without an upper limit, designed to continuously operate regardless of market conditions.

Margin Grid: An enhanced grid trading approach that uses leverage to potentially increase profits, suitable for more experienced traders.

KuCoin logo

4. Kucoin Free Crypto Trading Bots

Kucoin free crypto trading bots summary table with risk level, trading style, market conditions and holding period

A table overview and summary of the free KUcoin trading bots.

Kucoin offers the following crypto trading bots for free:
  1. Classic Grid Trading Bot: This bot places buy and sell orders within a predefined price range. When the sell orders are fulfilled, the bot places another buy order at a lower grid level and vice versa.

  2. DCA (Dollar-Cost Averaging) Bot: A DCA bot will periodically purchase a set amount of a particular cryptocurrency, aiming to reduce the impact of volatility on the overall purchase.

  3. Futures Grid Bot: Similar to the classic grid bot but designed for the futures market, it helps manage orders with a leverage option to amplify the results (for better or worse).

  4. Smart Rebalance Bot: This bot maintains a specific allocation of various cryptocurrencies and rebalances the portfolio to keep the initial asset ratio.

  5. Infinity Grids: This is an advanced version of the grid bot with no upper limit for the price range, allowing the bot to continue to trade and profit from the market’s upside potential.

  6. Margin Grid Bot: This bot combines the grid trading strategy with the ability to borrow funds to increase the trading position.

  7. Dynamic Position Sizing: Some bots may adjust their position sizes in response to changes in market conditions or the volatility of certain assets.

KuCoin could also offer additional features such as:

  • Simulation: Before committing to real funds, users can simulate trading bot strategies to test their effectiveness.
  • Templates: Pre-set bot configurations designed by profitable traders that users can implement.
  • Customization: The ability to create your own bot strategy with custom parameters.

It’s important to note that while trading bots can be free (i.e., no software purchase cost), there may still be trading fees associated with each transaction they perform. There are inherent risks to using such automation, especially with volatile assets like cryptocurrencies.

Read more about the KuCoin Trading Bot Guide of 2023.

5. HTX Free Crypto Trading Bots

HTX offers a Grid Trading Bot for free, but you pay the standard trading fees.

The grid trading bot buys gradually when the market goes down and sells automatically when the market starts to recover.

The HTX free trading bot offers two ways for crypto trading beginners to start their grid trading journey.

  • Auto: Intelligent Recommendation

The system will set the most appropriate parameters based on the analysis of historical data, in which users need only set the investment amount.

  • Strategy Duplicator

You can easily find the top winners on the rank of Grid trading and copy their trading strategy with a few clicks to manage your trading. You could also set your parameters if you are accustomed to grid trading.

Read about the HTX referral code for a trading fee discount and exchange review.

6. Phemex Free Crypto Trading Bot

Phemex free crypto futures and spot grid trading bots

The best free crypto trading bots are simple and can quickly be tailored to your needs. You can set specific rules, like the lowest and highest prices and the number of trades the bot can make in those price limits.

What are Phemex Trading Bots?

Phemex trading bots are custom systems that help people automate trading on Phemex. They make trading safer, faster, and cheaper than doing it manually. They can quickly act on market changes and reduce risks.

Are Phemex Trading Bots free?

Yes, Phemex Trading Bots are entirely free and available to all users. You pay the standard trading fees based on your VIP level.

What is the Phemex Bot Marketplace, and how do I use it?

The Phemex Bot Marketplace allows traders to share their spot grid trading or contract grid trading bots.

With one click, users can copy the bot trading strategies of top-performing traders. 

What are Futures Grid Trading Bots?

Futures grid trading is a trading strategy that capitalizes on price fluctuations. Phemex offers grid trading bots with three strategy options (Long, Short, Neutral) that users can choose from based on market conditions.

How can I set my Futures Grid trading bot on Phemex?

There are two ways. Firstly, on the trading bots page, users can browse existing trading bots and copy one they consider suitable for the current market and their personal trading goals. Secondly, users can toggle into the trading bot mode on the contract trading page to create their trading bots. To do so, they’ll need to set grid parameters such as the upper and lower grid limits and the number of grids. You can refer to the more detailed Help Center article for more information.

Why are some Phemex trading bots AI recommended?

An AI checks the Phemex trading bots, and “AI recommended” passed its standards.

Bitsgap crypto trading logo

6. Bitsgap – Best Spot Grid Crypto Trading Bot

Bitsgap is an all-in-one crypto trading platform that offers a variety of features, including crypto trading bots. Bitsgap’s bots are automated software programs that execute trades on behalf of traders based on predefined rules and strategies.

Bitsgap offers a variety of different bots, including:

  • Grid bots: Grid bots profit from the volatility of a cryptocurrency by buying and selling it at predetermined price levels.
  • DCA bots: DCA bots average out your purchase price over time by buying a fixed amount of cryptocurrency at regular intervals.
  • Futures bots: Futures bots allow traders to speculate on the future price of a cryptocurrency.

Bitsgap’s bots are easy to use and can be customized to fit your trading needs. You can set your own parameters for each bot, such as the trading pair, the amount to trade, and the profit and loss targets. Bitsgap also offers a variety of risk management tools to help you control your risk.

Here are some of the benefits of using Bitsgap’s crypto trading bots:

  • They can save you time and effort. Bots can execute trades automatically, so you don’t have to sit in front of the computer all day monitoring the markets.
  • They can help you to make more profitable trades. Bots can use sophisticated algorithms to analyze market data and identify trading opportunities that you might miss on your own.
  • They can help you to reduce your risk. Bitsgap’s bots offer a variety of risk management tools to help you control your risk.

Overall, Bitsgap’s crypto trading bots are a good option for traders of all experience levels. They are easy to use and can be customized to fit your trading needs.

Please note that crypto trading is risky, and you should always do your own research before using any trading bot.

Coinrule logo

7. Coinrule Crypto Trading Bot

Coinrule empowers regular traders to compete with professional algorithmic traders and Hedge funds. Coinrule is an intelligent assistant for building trading strategies without having to program a single line of code. 

Coinrule is an If-This-Then-That (IFTTT)-based cryptocurrency trading strategies editor. Coinrule is a trading strategies editor explicitly developed for non-professional traders. Users can pick ‘building blocks’ via a simple interface to create trading strategies, which also get tested with paper trades. 

These rules are then executed automatically via crypto exchanges such as Binance whenever a particular condition as per the rule is triggered. It is safe and easy and makes a trader’s life much easier. 

No coding skills are required.

Coinrule provides beginner-level traders with a guided visual editor to create automated strategies executed on trading platforms. In addition, users can test their approach on historical data and a Demo Trading platform. By teaching beginner-level traders and giving them the crypto trading tools to compete, they level the playing field between professional traders and the retail market.

Coinrule is a great crypto trading bot for day trading strategies.

Tradesanta crypto trading bot logo with santa

8. TradeSanta Crypto Trading Bot

TradeSanta platform is cloud-based, letting you use it without installing locally on your PC.
 
Seven major exchanges — Binance and HitBTC — can be connected to the TradeSanta platform in minutes. In addition, support for new trading sites is constantly being added.
 
It automatically gives traders advanced trading options and the ability to enter and exit long and short positions. The entire platform was built to be simple to use, and this is one of the distinctive features that allow TradeSanta to stand out among its competitors. 
The service offers support options if its automated Wizard cannot help its clients acclimate to the platform.
 
Its easy-to-understand dashboard suits either professional or novice crypto traders. Apart from that, you can buy and sell on the go using our iOS or Android app, which is quite convenient.
 
To date, we connect our trading bots to the most prominent exchanges and offer four plans to our clients: Minimum, Basic, HitBTC Promo, and Maximum. Basic and HitBTC Promo cost $10.50 and $14, respectively, and the Maximum is $70 per month. 
 
The Minimum plan is free of charge and covers two DCA bots. After that, depending on the pricing plan, you can use many more crypto bots, including grid and smart-order algorithms.
 
You may always rely on TradeSanta’s friendly support team on the Telegram chat.
Wunderbit trading bot logo

9. WunderBit Crypto Trading Bot

Wunderbit is one of the best crypto trading bots on the market. With Wunderbit, you can copy the best crypto traders with a transparent track record, trade yourself using the advanced trading terminal or create a fully automated trading bot using TradingView.

Why Wunderbit?

  1. Competitive Pricing 
  2. Easy to automate TradingView strategies
  3. Copy trade the best crypto traders with a transparent track record.

Features on Wunderbit

  • Smart Trading – Flexible way of creating orders for smart trading: adding and editing Take Profit, Stop Loss, and Trailing stops to any order.
  • Marketplace – copy traders can select the best crypto trading signals and automatically follow them through Wunderbit Trading. When the signal provider generates a signal manually or through a trading bot, the copy trader’s account will copy the trade with the same settings in real time.
  • Trading bots – automate any TradingView script into the fully functioning crypto trading bot.
  • Spread trading terminal – create a synthetic spread with low volatility based on exchange-traded products.
  • DCA Bot – buy a specific portion of assets after the determined price deviation.
  • Crypto Portfolio Tracker is an easy and precise cryptocurrency portfolio tracking tool for all crypto exchange accounts.
  • Multiple Account Management – traders can easily manage various crypto exchange accounts.
  • Grid bot trading – Coming soon
  • Arbitrage trading bot – Coming soon

Set up an AI crypto trading bot with Wunderbit

  1. Sign up to create an account. Add the Exchange API, and you will activate your 7-day free trial subscription.
  2. Go to the AI bots section and press ‘Create Bot’.
  3. Select the amount you want to use per trade and the maximum number of open positions, and press create.
Cryptx Terminal logo

10. Cryptx Terminal Crypto Trading Bots

Cryptx Terminal is an all-in-one solution for crypto trading from where you can trade multiple exchanges and manage crypto trading bots.

You connect via the API key from each exchange, and from Cryptx Terminal, you can do arbitrage trading and much more.

With Cryptx Terminal, you can connect to Binance, Bitfinex, Bitstamp, Bittrex, HitBTC, Kraken, KuCoin, OKex, Coinbase Pro, and Binance US.

A free plan for occasional traders and two paid strategies for more professional traders. 

Read more in our Cryptx Terminal review.

Pionex logo

11. Pionex Crypto Exchange and Free Bots

Pionex is a crypto trading exchange with built-in crypto trading bots.

You can browse among 12 preprogrammed free crypto trading bots for no additional cost.

The Pionex crypto trading bots allow you to automate your investing strategy so you don’t need to constantly monitor the market. Pionex features low trading commissions and a fully fleshed-out mobile app.

Set up an AI crypto trading bot with Pionex

  1. Create a Pine Script code in PionexGPT for TradingView
  2. Backtest in TradingView
  3. Execute Automated Trades with Pionex Signal Bot
  4. Start sending the trading alerts from TradingView to Pionex

Read the full article about how to create your Pionex GPI AI trading bot.

cryptohopper crypto trading bot logo 2

12. Cryptohopper Crypto Trading Bot

Cryptohopper is one of those bot platforms oriented toward experts in the crypto trading industry. 

The features available on this website include automatic trading, crypto signals, trailing stop functions, savable templates, technical analysis (TA), and even backtesting. 

Unlike CryptoBot, you pay for a monthly subscription, including customer support, should you run into issues while trading coins.

Cryptohopper offers three purchasable plans, depending on your needs. You have “Bunny,” “Hare,” and “Kangaroo” plans, which differ in several triggers, available positions, and order intervals. 

Unlike many other trading bot websites, Cryptohopper accepts fiat payments, with prices ranging between $19 and $99 per month.

What is AI Crypto Trading Bot?

Artificial intelligence (AI) will significantly impact many industries, including investment and trading management.

AI in crypto trading can help with all decisions taken while trading, including:

  • Portfolio optimization: AI quickly analyzes large amounts of market data to forecast trends.
  • Risk management: AI can stay up to date by monitoring real-time data and adjusting portfolios accordingly.
  • Algorithmic trading: AI algorithms reduce the risk of human error and increase trade speed and accuracy.
  • Predictive analysis: AI can basically scan all publicly available data (articles, social media, shareholder reports)
    simultaneously to find opportunities.
  • No emotions: An AI can probably avoid decisions based on emotions and only use accurate data to make the correct decisions. 

Can I use ChatGPT for crypto trading?

No, not for direct trading advice. Still, you can use it for collecting data, summarizing data, and asking questions related to trading. 

Here is a summary on how to use AI for crypto trading:

  1. Market Analysis and Trends:

    • Analyzing market trends in various financial instruments, including stocks, cryptocurrencies, commodities, and more.
    • Interpreting technical and fundamental analysis for market insights.
  2. Trading Strategies:

    • Explaining different trading strategies such as day trading, swing trading, long-term investing, etc.
    • Discussing algorithmic and quantitative trading strategies.
  3. Risk Management:

    • Providing insights into risk management techniques for trading and investing.
    • Explaining concepts like stop-loss, position sizing, and risk-reward ratios.
  4. Trading Platforms and Tools:

    • Comparing and explaining various trading platforms, tools, and software used in trading.
  5. Cryptocurrency Trading:

    • Discussing specifics of cryptocurrency trading, exchanges, and strategies.
    • Explaining blockchain technology and its impact on trading.
  6. Investment Planning:

    • Advising on investment planning, diversification, and portfolio management.
  7. Financial Instruments:

    • Providing information about different financial instruments such as stocks, bonds, ETFs, options, futures, and more.
  8. Regulations and Compliance:

    • Explaining regulations related to trading and financial markets.

AI Crypto Trading Bots – FAQ

Will AI trading bots dominate the market soon?

The role of AI-powered trading bots in the financial markets is expected to continue evolving and potentially grow in prominence. However, predicting an exact timeline for their dominance is challenging. Here are some factors to consider:

  1. Advancements in AI Technology: As AI technologies improve, trading bots are likely to become more sophisticated, efficient, and accurate in their predictions and executions. This may attract more traders and investors to use them.

  2. Growing Interest and Adoption: The interest in AI-powered trading bots is increasing among traders and financial institutions due to their potential to automate processes, improve decision-making, and manage risk. As more traders experience success and share their positive outcomes, adoption is likely to rise.

  3. Market Volatility and Complexity: The financial markets can be highly volatile and complex, presenting challenges for AI algorithms to consistently outperform human traders. AI models need to continually adapt and learn to navigate evolving market conditions.

  4. Regulatory Environment: Regulatory agencies are closely monitoring AI’s impact on financial markets. Regulations and compliance requirements may influence the growth and deployment of AI trading bots.

  5. Investor Confidence and Trust: The success and widespread adoption of AI trading bots will depend on building and maintaining trust among investors. Demonstrated consistent profitability and risk management will be key to gaining confidence.

  6. Human Involvement and Hybrid Models: Many experts anticipate a future where AI works in collaboration with human traders, creating hybrid models. Human oversight can ensure ethical trading, prevent potential biases, and add a level of intuition that AI might lack.

In summary, AI trading bots have shown significant potential and are likely to have an increasing presence in financial markets. However, the extent of their dominance will depend on technological advancements, market dynamics, regulatory frameworks, and how effectively they address the challenges inherent in trading. It’s essential to monitor these developments and adapt strategies accordingly.

Are cryptocurrency trading bots Profitable?

There are profitable cryptocurrency trading bots, especially those that offer multiple functions. 

However, do not think that you can just by purchasing it equal continuous profits all the time. Monitoring the market and your orders regularly is key to any successful endeavor. Crypto trading bots are no different in this regard.

Your participation and trader’s intuition are vital, especially for a market as volatile as digital coins. 

Do not fall prey to ads that promise significant returns by simply running the bitcoin trading software. That software claiming that their programs offer guaranteed returns is most likely a scam. However, it is quite possible to earn tenfold – if you happen to use the correct order at the right time for the right coin.

Conclusion on Crypto Trading Bots

Traders should consider crypto trading bots as a tool, helping them monitor the market and execute orders on predetermined criteria. 

Even the best Bitcoin trading bot does not guarantee success, as market trends might go against your strategy. 

Bots need constant updates and modifications to adjust to market movements. However, with education and a complete understanding of bitcoin trading signals, users can experience satisfying bot trading. 

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