Cryptocurrency trading has witnessed a remarkable transformation over the years, and in 2024, it continues to be a captivating realm for investors and enthusiasts alike. With the market’s unparalleled growth and constantly shifting dynamics, staying ahead in this fast-paced environment has become a demanding task. Fortunately, crypto trading bots are taking centre stage, providing traders with automated solutions that analyse data, execute trades, and make quick decisions.
If you have been trying to learn more about cryptocurrency trading robots in the UK, this guide enlightens you on everything you need to know. From the most sophisticated and feature-rich bots to the user-friendly ones designed for beginners, we’ll uncover the best options that align with your trading goals and preferences.
List of the Best Crypto Trading Bots in the UK
- Coinrule – Overall Best Crypto Trading Robot in the UK
- Cryptohopper – Best Crypto Trading Bot For Copy Traders
- Bitsgap – Best Trading Bot For Professional Crypto Traders
- 3Commas – Best Crypto Trading App For Mobile Users
Compare The Best Crypto Trading Bots in the UK
Now that you know the top 5 crypto robots in the UK, we believe comparing them based on our experience will influence your decisions. Take a look below at our comparison table highlighting the significant features of the best crypto trading robots in the UK.
| Features | Bot Details | Exchange | Free Trial | Price Plan |
|---|---|---|---|---|
| Coinrule | Trend Following Technique | Coinbase, Binance, Kucoin, Kraken, HTX, Bitmex, Okex, Bitpanda Pro | Lifetime | Monthly Subscription |
| Cryptohopper | Arbitrage, Copy Trading | Binance, Coinbase Pro, Bitpanda Pro, HTX, Kraken, Bittrex, KuCoin | Lifetime | Monthly Subscription |
| Bitsgap | Algorithmic Trading | Binance, HTX, Kraken, KuCoin, Bittrex, | 7 days | Monthly Subscription |
| 3Commas | DCA bot, HODL bot, Options bot, Grid bot | Binance, Coinbase Pro, HTX, KuCoin, Crypto.com | 7 days | Monthly Subscription |
Brief Overview of Our Recommended Crypto Trading Bots’ Fees and Assets
As avid traders ourselves, we understand the importance of finding cost-effective solutions and diverse asset options to optimise your trading experience. For this reason, we have prepared tables below indicating the fee structures and supported assets of our recommended trading bots.
Fees
| Crypto Trader Bot | Trading Charges | Minimum Deposit | Price Plan |
|---|---|---|---|
| Coinrule | None | None | From £27.99 to £449.99 monthly |
| Cryptohopper | None | None | From £16.58 to £83.25 monthly |
| Bitsgap | None | None | From £23 to £199 monthly |
| 3Commas | None | None | From £22 to £74 monthly |
Assets
| Crypto Trader Bot | Bitcoin | Ethereum | Bitcoin Cash | Litecoin | Tether | Ripple |
|---|---|---|---|---|---|---|
| Coinrule | Yes | Yes | Yes | No | No | No |
| Cryptohopper | Yes | Yes | Yes | Yes | Yes | Yes |
| Bitsgap | Yes | Yes | Yes | Yes | Yes | Yes |
| 3Commas | Yes | Yes | Yes | Yes | Yes | Yes |
Our Opinion & Overview of the Best Crypto Trading Bots in the UK
We went out of our way to conduct extensive market research on the best crypto trading robots in the UK. The process was overwhelming as we had to test and compare as many bots as we could, focusing on elements such as broker compatibility, fees, minimum deposit requirement, demo accounts, and more. However, all the hassle was rewarding since we were able to come up with the list below for you to choose from. Keep reading for our unbiased opinions regarding each cryptocurrency trading robot.
1. Coinrule – Overall Best Crypto Trading Robot in the UK
As users exploring crypto robots in the UK, our experience with Coinrule has been exceptional. The platform’s user-friendly interface, customisable trading strategies, and robust security measures make it stand out as the overall best crypto bot. Signing up was seamless, and the ability to backtest strategies before live trading was a game-changer.
Coinrule’s execution speed and 24/7 trading ensured we didn’t miss out on profitable opportunities. Additionally, their responsive customer support added to the positive experience. Note that Coinrule doesn’t charge trading fees but has a monthly price plan ranging from £27.99 to £449.99.
- A user-friendly cryptocurrency trading robot
- Backtesting supported
- Integrates with over 10 crypto exchanges, including Binance, Kucoin, Coinbase, and more
- 10,000+ strategies to choose from
- No native app
- It can be costly for expert investors looking for extensive rules and resources
| Robot Features | Availability |
| Supported Exchange | Coinbase, Binance, Kucoin, Kraken, HTX, Bitmex, Okex, Bitpanda Pro |
| Plans | Starter, Hobbyist, Trader, Pro |
| Mobile App | No |
| Payment Methods | E-wallets, bank transfers, credit/debit cards |
| Customer Support | Phone, Email |
2. Cryptohopper – Best Crypto Trading Bot For Copy Traders
Cryptohopper shines as the best crypto trading bot for copy traders, offering a diverse selection of signal providers and strategies. While trading using this bot, copy trading became a breeze as we could follow and replicate successful traders’ portfolios effortlessly. The platform’s user-friendly interface simplifies the entire process, while the backtesting feature enabled us to assess strategies before implementation.
Cryptohopper’s copy trading platform hosts plenty of learning resources, meaning that you will not need guidance using it. You can connect with thousands of cryptocurrency traders with any amount you can afford since there is no minimum deposit requirement. However, the robot has price plans starting from £16.58 every month. Plus, it supports over 600 cryptocurrencies, allowing you to explore as many tokens as you can.
- You can alternate from automated to manual trading
- A user-friendly copy trading bot with social trading features
- Lots of tutorials on using the copy trading feature
- Compatible with desktop and mobile devices
- No phone support
- Users must pay for extra signals
| Robot Features | Availability |
| Supported Exchange | Binance, Coinbase Pro, Bitpanda Pro, HTX, Kraken, Bittrex, KuCoin |
| Plans | Pioneer, Explorer, Adventurer, Hero |
| Mobile App | Yes (Google Play, App Store) |
| Payment Methods | E-wallets, cryptocurrencies |
| Customer Support | Email, Live Chat |
3. Bitsgap – Best Trading Bot For Professional Crypto Traders
Bitsgap caters perfectly to the needs of professional crypto traders, offering advanced trading tools and a powerful arbitrage feature. We noticed that its multi-exchange trading capabilities provide unparalleled efficiency, and the platform’s user-friendly interface enhances the overall trading experience. Bitsgap’s reliability, coupled with real-time market data and performance tracking, makes us rank it the top pick for professional traders in the UK.
We also noticed that Bitsgap offers numerous trading strategies. There is also a 7-day free trial that we used to test the crypto robot before starting investing real money. Undoubtedly, this crypto robot is well established and can be integrated with over 25 crypto exchanges, including Binance, Kraken, Bittrex, KuCoin, and more.
- Accessible via multiple crypto exchanges
- User-friendly with intuitive design
- Trusted by over 500,000 global traders
- Fast trading servers
- No native mobile app
- Professional traders must pay more to access additional bots and features
| Robot Features | Availability |
| Supported Exchange | Binance, HTX, Kraken, KuCoin, Bittrex |
| Plans | Basic, Advanced, Pro |
| Mobile App | No |
| Payment Methods | E-wallets, bank transfers, credit/debit cards |
| Customer Support | Email, Live Chat |
4. 3Commas – Best Crypto Trading App For Mobile Users
On-the-go trading becomes a seamless experience with 3Commas‘ exceptional mobile app. Its user-friendly interface and advanced trading features allowed us to execute trades and manage our portfolios effortlessly from our mobile devices. The smart trading terminal and easy access to expert traders’ portfolios have been particularly valuable. Moreover, our 3Commas experience on the trading app was just as seamless as our experience on the web, thus recommending it for mobile users.
Besides operating seamlessly on mobile devices, we noticed that 3Commas has partnered with numerous crypto exchanges to ensure every user benefits from it. For instance, you can integrate 3Commas with Binance, Coinbase, Gate.io, Bitstamp, HTX, and more. Users can also test its strategies via its demo account and subscribe to signals from other traders to copy strategies.
- Integrates with multiple exchanges
- It also features options bots for users exploring this asset
- Multiple accounts to track your portfolio
- The app can be downloaded from Google Play or the App Store
- It can be costly for low-budget cryptocurrency traders
- It can be challenging for newbies to use
| Robot Features | Availability |
| Supported Exchange | Binance, Coinbase Pro, HTX, KuCoin, Crypto.com |
| Plans | Free, Starter, Advanced, Pro |
| Mobile App | Yes (Google Play, the App Store) |
| Payment Methods | E-wallets, bank transfers, credit/debit cards |
| Customer Support | Credit cards, E-wallet |
What Do Other Traders Say?
To ensure we give you unbiased recommendations, we combine our test findings with user testimonials from Google Play, the App Store, and Trustpilot. Take a look below at some of the comments we gathered from these platforms for informed trading decisions.
Coinrule
Users praise Coinrule for its user-friendly interface and the ability to create and customise trading strategies without coding knowledge. The platform’s accessibility and continuous updates have garnered positive feedback from traders. Here are some of the comments we encountered.
- “Coinrule has been a game-changer for me. The user-friendly interface and the ability to create and customise trading strategies without coding knowledge are fantastic. It has significantly improved my trading results.”
- “I love the automation options provided by Coinrule. It allows me to execute trades based on specific market conditions, and I don’t have to be glued to my screen all the time. The platform is reliable, and customer support is responsive.”
- “Coinrule has made algorithmic trading accessible even to those without programming skills. The team is continually updating the platform with new features, and the community is helpful. I highly recommend it to anyone serious about crypto trading.”
Cryptohopper
Traders appreciate Cryptohopper’s wide range of signals and strategies, making it a top choice for automated trading. The platform’s connection with reputable signal providers and backtesting features are highly regarded. You can see some of the unedited comments below.
- “Cryptohopper is hands down the best trading bot I’ve used. The range of signals and strategies to choose from is vast, and the platform is quite easy to navigate. It has definitely helped me boost my trading performance.”
- “I’ve been using Cryptohopper for a few months now, and it’s been a profitable experience. The ability to connect with top-notch signal providers and the intuitive interface makes trading a breeze. I’m impressed with the results.”
- “Cryptohopper is a reliable and efficient trading bot. I appreciate the backtesting feature and the various add-ons available to enhance trading strategies. The platform’s performance has been solid, and I’m satisfied with the overall experience.”
Bitsgap
Bitsgap stands out for simplifying the trading journey by allowing users to trade on multiple exchanges from a single platform. The arbitrage feature and comprehensive trading tools have been well-received, thus making it earn some excellent testimonials from users, as below.
- “Bitsgap has simplified my trading journey. The ability to trade on multiple exchanges from one platform is a game-changer. I’ve also found the arbitrage feature quite handy for taking advantage of price disparities.”
- “I’ve tried several trading platforms, and Bitsgap is my favourite. The interface is intuitive, and the trading tools are comprehensive. The platform has helped me stay on top of my trades and make more informed decisions.”
- “Bitsgap is a reliable and feature-rich platform for cryptocurrency trading. The automated trading bots work well, and the interface is user-friendly. The team behind Bitsgap is also receptive to user feedback and continuously improves the platform.”
3Commas
3Commas has significantly improved traders’ performance with features like trailing stop-loss and take-profit orders. The platform’s integration with major exchanges and accessibility to expert traders’ portfolios are highly valued by users. Although some users find it challenging to navigate, the robot is said to be reliable, especially when it comes to support services. Here are unfiltered reviews regarding the bot.
- “3Commas has significantly improved my trading performance. The ability to set up trailing stop-loss and take-profit orders has saved me from potential losses. It’s a valuable tool for any serious trader.”
- “I’m impressed with the automation options offered by 3Commas. The platform integrates well with major exchanges, and the user interface is intuitive. The customer support team is also responsive and helpful.”
- “3Commas has taken my trading to the next level. The smart trading terminal and the ability to follow expert traders’ portfolios have been immensely beneficial. The platform’s community and educational resources are also valuable.”
The Ultimate Guide About Crypto Trading
While having the best crypto bot is crucial for maximum trading experience, learning the ins and outs of crypto bot trading is also essential. If you are a newbie with crypto trading using bots, the steps below help you understand how to find the right tool and get started.
How to Start Crypto Trading
When engaging with cryptocurrencies, it’s crucial to recognise that these digital assets are characterised by their extreme volatility and speculative nature. This can result in swift and substantial price fluctuations. To safeguard your crypto holdings, it is imperative to utilise reputable wallets and exchanges, prioritising the security of your investments.
Also, exercise vigilance and due diligence to guard against crypto-related scams and fraudulent schemes that can potentially threaten your financial well-being. You can also spread your investments across multiple digital tokens and avoid making decisions based on emotions.
The cryptocurrency market is highly volatile, and traders must approach crypto bot trading with caution. Before you start using a trading robot, ensure you understand the crypto market and the factors that affect the digital tokens’ price. You can take advantage of brokers’ learning resources to gain the right knowledge and gauge your skill level using their demo accounts. You can also use demo accounts to try automated trading and see whether you are ready to apply it in your activities using real money.
Additionally, ensure you have a trading plan and budget to avoid overspending. And although trading robots will automate all your activities, creating solid strategies and tracking its operations will maximise your potential.
How to Choose the Right Crypto Trading Bot in the UK
Automated crypto trading bots have become increasingly popular among traders in the UK as they offer the potential to execute trades efficiently and capitalise on market opportunities. However, with numerous options available, selecting the right trading bot can be a daunting task. Here are some essential factors to consider when choosing the right crypto trading bot in the UK.
Start by researching the reliability and reputation of the trading bot. Look for user reviews and feedback from reputable sources to gauge the experiences of other traders. A reliable bot should have a track record of consistent performance and positive user experiences.
Ensure the trading bot supports the cryptocurrency exchanges or brokers you plan to use. Not all bots are compatible with every trading platform, so it’s crucial to select one that works seamlessly with your preferred platforms.
Security is paramount when dealing with cryptocurrencies since online trading platform is dominated by hackers. Choose a trading bot that implements robust security measures, such as two-factor authentication (2FA) and encryption protocols, to safeguard your funds and personal information.
A user-friendly interface is essential, especially for beginners. Look for a trading bot that offers an intuitive and easy-to-navigate platform, as this will make it easier to set up and manage your trading strategies. Plus, the bot you choose should be customisable so you can easily tailor your trading parameters and risk management settings according to your needs.
In the event of technical issues or questions, reliable customer support is invaluable. Check the responsiveness and availability of customer support channels to ensure you can seek assistance whenever necessary. The support service should also be available via convenient communication channels, including phone, email, or live chat.
Transparent trading bots provide detailed information about their strategies and historical performance. Additionally, a backtesting feature allows you to test the bot’s performance using historical data, helping you assess its effectiveness before committing real funds.
Evaluate the pricing structure of the trading bot. Some bots charge monthly fees, while others offer one-time payments or commission-based models. Consider your budget and trading frequency to choose the most cost-effective option.
What Is a Crypto Trading Bot or Robot?
A crypto trading bot or robot is a software program that automates the process of buying, selling, or trading cryptocurrencies on various crypto brokers or exchanges. These bots are designed to execute trades on behalf of the user based on predefined trading strategies and parameters. The main goal of a crypto trading bot is to capitalise on market opportunities and fluctuations without the need for constant manual intervention.
Crypto trading bots offer several advantages, including speed, efficiency, and the ability to trade 24/7, which is especially beneficial in the fast-paced cryptocurrency market. They can remove emotional biases from trading decisions and allow traders to explore multiple trading strategies simultaneously.
How Does a Crypto Robot Work?
A cryptocurrency robot operates using a combination of algorithms, technical indicators, and predefined trading strategies to automate the buying and selling of cryptocurrencies. The robot continuously analyses market data, such as price movements, trading volumes, and historical trends, to identify potential trading opportunities. Traders can customise the bot’s settings and parameters according to their trading preferences and risk tolerance.
Once the trading bot identifies a favourable trading signal based on the predefined rules, it automatically executes the trade on the connected cryptocurrency exchange or broker. The speed and efficiency of the cryptocurrency robot enable it to capitalise on market opportunities quickly, even in highly volatile markets where manual trading may not be feasible. Additionally, trading bots can monitor multiple cryptocurrencies and trading pairs simultaneously, allowing traders to diversify their trading strategies and optimise their portfolios.
While crypto robots offer various advantages, traders should be aware of potential risks. Incorrectly configured bots or sudden market fluctuations can lead to losses. Therefore, traders should conduct thorough research, backtest their strategies, and regularly monitor the bot’s performance to ensure it aligns with their trading goals and adapts to changing market conditions. By understanding how a crypto robot works and using it wisely, you can potentially enhance your trading efficiency and navigate the dynamic world of cryptocurrencies more effectively.
5 Quick Steps To Start Using Crypto Trading Robots*
If you’re eager to start using crypto trading robots, here are five quick steps to get you up and running.
Begin by researching different cryptocurrency trading bots available in the market. Look for reputable and reliable options with positive user reviews and a track record of consistent performance. Consider factors such as supported exchanges/brokers, security measures, and customisation options. Choose a trading bot that aligns with your trading goals and risk tolerance.
Once you’ve selected a trading bot, create an account on the platform’s website. Follow the registration process and provide the necessary information. After setting up your account, you’ll need to connect the trading bot to your chosen cryptocurrency exchange. Most trading bots support major exchanges and will guide you through the connection process.
After connecting the bot to the exchange, customise your trading strategy. Set parameters such as the cryptocurrencies you want to trade, the size of your trades, stop-loss and take-profit levels, and any other relevant trading rules. Tailor the strategy to align with your risk appetite and investment goals.
Before deploying your trading bot in live trading, it’s essential to backtest your strategy using historical market data. Backtesting allows you to evaluate how your trading strategy would have performed in past market conditions. Use the insights gained from backtesting to optimise your strategy and make any necessary adjustments.
Once your crypto trading robot is active, regularly monitor its performance. Keep an eye on the bot’s execution of trades and assess its profitability. Be prepared to adjust your strategy if market conditions change or if you observe any unexpected outcomes. Stay informed about market trends and developments to ensure your trading bot is optimised for current conditions.
*Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
Pros and Cons of Using Crypto Trading Bots
Trading robots can help you streamline your activities, thus maximising your potential. However, they also have their pitfalls you should be aware of. Here are the pros and cons of using cryptocurrency trading robots.
- Bots execute trades 24/7, capitalising on opportunities quickly
- Analyse data rapidly, making faster trading decisions
- Remove emotional biases, promoting rational choices
- Allow testing and refining strategies with historical data
- Handle multiple assets and strategies simultaneously
- Bots may struggle with sudden market changes
- They can encounter glitches and pose security risks
- Traders must understand bots and avoid blind reliance since they don’t guarantee success
FAQs
Yes. Cryptocurrency trading bots can be effective tools for executing trades automatically based on predefined strategies and market conditions. They operate using algorithms and technical indicators to analyse data and make trading decisions.
Yes. Many traders have found success using well-configured bots, making them profitable. However, it’s crucial to have realistic expectations and understand that trading in the cryptocurrency market carries inherent risks. This means that you must be backed up with solid strategies and track the bot’s performance for increased potential.
The cost of a crypto trading bot can vary significantly depending on the features, functionality, and performance. Some bots are available for free, while others may require a one-time payment or charge monthly fees. Additionally, some bots offer different tiers with varying levels of access and features, which can affect the cost. Traders should consider their budget and desired features when choosing a crypto trading bot.
To select a crypto trading bot software, you must conduct thorough research and tests. Consider factors such as reliability, supported exchanges, security measures, user-friendly interface, customisation options, backtesting features, transparency, and cost/value ratio. Alternatively, choose an option from our recommendations above.
Conclusion
Trading in the cryptocurrency market carries inherent risks, and no trading robot, including our referenced ones above, can guarantee profits. In this regard, take the time to understand how a chosen robot operates and stay informed about market trends and developments. Plus, consider starting with a small investment and gradually increasing your exposure as you gain more confidence in the bot’s performance. By combining the right trading bot with a well-informed approach, you can potentially enhance your trading efficiency and navigate the UK’s crypto market more confidently.
How we test?
Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.
The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.
This guide on crypto trading bots is a real gem! It covers a range of bots, from user-friendly Coinrule to advanced Bitsgap. User feedback offers impartial perspectives. As a trader, it's been invaluable in streamlining my activities, especially with the pros and cons breakdown. Highly recommend it to fellow traders for navigating the dynamic crypto market effectively.
As a trader seeking information on crypto trading bots, this article has proven to be indispensable. The detailed analysis of these platforms includes authentic user reviews, offering genuine insights into their strengths. The focus on user-friendly interfaces, customization, and continuous updates underscores the adaptability of these platforms. Overall, this article not only met my search criteria but also enriched the information with concrete user experiences, enhancing its credibility.