Crypto trading is a lucrative business for those who understand the ropes. Though profitable, it can have severe implications on your financial health if not carried out correctly.
Besides firsthand knowledge about crypto trading, you need the right tools and a reliable exchange to excel. That is why we have compiled a list of top-rated crypto trading tools that you should try out. Click and visit the image below to learn more about crypto trading.
3 Commas
3 commas is ranked among the most popular crypto trading tools. The tool enables traders to connect with crypto exchange platforms like Bittrex, Binance, Poloniex, and many others through a single interface. In that regard, you can easily make trading decisions based on each of the platforms simultaneously.
Some of the exciting features that come with the 3commas platform include take profit and stop loss. These features enable users to take control of their trading and avoid losses.
With 3commas, users can conduct social trading by emulating the trading activities of experienced traders. This increases the chances of generating profit from your trading activities. The crypto trading bot is ideal in helping traders succeed in trading.
Koinly
Beginners and experienced crypto traders can leverage Koinlys’ exciting features to make the most out of crypto trading. The crypto portfolio manager enables users to track their digital currencies on various exchanges.
However, the tool provides graphs and charts based on a trader’s portfolio holdings and market forecasts so that you can make informed trading decisions. The tool is only available in the premium version hence you can use it based on the subscription you want.
Shrimpy
Shrimpy is undoubtedly one of the most advanced trading tools in the crypto market.
Besides automating your trade, shrimpy enables users to diversify their trade and generate more profit.
The rebalancing feature helps you manage your trade by automatically buying low and selling when the price increases. This enables you to reduce risks regardless of the prevailing market conditions. How does it work? Once you schedule your rebalancing cycle based on the duration of your choice, the tool will automatically sell or buy crypto as per your set cycle. To use shrimpy, all you need is to integrate the tool with your exchanges.
Altrady
If you want to reduce risks in crypto trading and want to manage trades on several exchanges simultaneously then, Altrady is a perfect choice for you. The tool comes with exciting features that allow users to trade on several platforms from a single account.
Besides real-time updates, you can trade several cryptocurrencies. The platform comes with real-time data and updates from various crypto exchanges that are important to help you buy crypto from an informed perspective. As such, you diversify your trading options by purchasing crypto from multiple exchanges and reduce the risk of making losses.
TradeSanta
Have you ever heard of TradeSanta? This trading tool for cryptocurrencies automates all your trading and enables you to make a profit even when you aren’t using your account. The exciting aspect about TradeSanta is that it is ideal for both experienced and new traders. All you need to do is create a long and short position and take a rest to wait for your trading results.
To get started with TradeSanta, connect the trading bot with an exchange using API and deposit to start trading. You create your trading with as little as $50 to enjoy the exciting features of the free crypto trading bot.
Final Thoughts
Making a profit from trading crypto can be a daunting task for those with little knowledge about trading. Trading is now made easier thanks to a wide range of crypto trading bots available in the crypto market.
Depending on which tool suits your needs, you can easily automate your trades and maximize your profit.