Some BTC Robot users have experienced modest profits, while others have found it difficult to get it working properly, or generate a significant ROI. Gekko Gekko is a unique trading bot in that it is completely open source. The Gekko solution supports 18 different exchanges, including Poloniex and Bitfinexand offers an adaptable plugin system that integrates with solutions such as IRC, Telegram, and email platforms.
While the Gekko bot is not a high-frequency trading bot nor able to exploit arbitrage opportunities, it is a highly trustworthy Swiss army knife equivalent for traders that value simple automation and optimization. CryptoTrader Cryptotrader is a little known but highly scalable cloud-based automated trading bot that makes it possible for traders to build their own customized trading bot solution in minutes.
Cryptotrader supports all of the major cryptocurrency exchanges, including Bitfinex, BitStampPoloniex, CoinbaseKrakenand Bittrex, and provides backtesting trading strategies that allow traders to test how their strategy would work in different historical trading conditions.
One of the most unique features of the Cryptotrader platform is a strategies marketplace that allows users to buy and sell successful trading strategies.
Zenbot Zenbot is another open source anonymous crypto trading bot that provides traders with the ability to download the code for the bot and edit it themselves. The Zenbot solution is currently under active development, and is currently in the third iteration of release. Zenbot is one of the only autonomous trading solutions that is capable of high-frequency trading, and supports the trading of multiple assets at the same time.
According to information presented on the Zenbot 3 GithHub page, Zenbot 3. Tradewave Tradewave is a complex solution that is not technically a standalone trading bot according to the literal definition of the term. Functioning as a platform that allows traders to create automated trading strategies. The Tradewave platform can connect to most of the largest exchanges, and also provides users with the ability to share successful trading strategies with each other.
Honorable Mention — Haasbot The Haasbot automated trading solution is one of the more popular Bitcoin trading bots available, and removes a significant amount of legwork from the trading process.
The smart way to trade cryptocurrencies
Haasbot, like most of the other bots on this list, integrates with all major exchanges and offers the unique benefit of candlestick pattern recognition capabilities. As the price of Haasbot ranges between 0. Now they are under water in bitcoin reserves as well as legal waters about being a security that seems to be unregistered and will likely be more to come about that in the future. We left this here because it shows you not everything meets the eye in the newly forming crypto space.
As fast as the FinTech and virtual currency worlds are growing, a lot can change in a short amount of time. Lee said, however, that the bitcoin exchange community is one of the first where exchanges grant customers’ computers direct market access DMA.