Top 7 Beginner Friendly No Code Crypto Trading Bots
- Date
- 15/04/2022
- Written by
- Lykke
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Sooner or later cryptocurrency traders start thinking about automating their trading strategies. However, creating a crypto bot sounds like something very complicated to a non-tech person. The good news is that if there’s a problem, the market always finds a solution to it. There are different platforms that offer trading bots under SaaS conditions. Today we will have a look into 7 platforms that offer truly easily-configurable no-code trading algorithms. Beginner users will particularly appreciate the ease of building their strategies with such drag and drop or plain text tools.
Cryptohopper
Different plans, starting from a free one
Target audience: anyone
No code is needed
Cryptohopper is one of the most famous crypto bot platforms. It was founded in 2017 by two dutch brothers, a day trader and an engineer. This mix allowed Cryptohopper to grow fast from a handmade tool to an international company. The platform offers a wide range of instruments for automated crypto trading: portfolio management, copy and social trading, crypto bots and a trading simulator. All this without coding or programming. The platform is cloud based and is available 24/7, the bots employ AI. There are tools that suit any kind of needs: from beginners to professional traders. You can copy strategies from professional traders, sign up to trading signals and use pre-configured bots. To professional traders Cryptohopper offers a range of tools that allow them to automate their technical analysis. It is even possible to train the platform’s artificial intelligence by setting up custom strategies. Cryptohopper has four pricing plans, starting from a free one. It is integrated with more than a dozen crypto exchanges, but all of them charge trading fees, unlike Lykke. The company is based in the Netherlands.
Bitsgap
Different plans, starting from 29 USD monthly
Target audience: anyone
No code is needed
Bitsgap is a crypto trading platform that includes a trading terminal, a portfolio management interface, a trading bot and a demo environment where you can test your trading strategies. It is integrated with more than 20 exchanges, of which all charge trading fees, unlike Lykke. The bot is already preconfigured, but you can edit your own strategies or add predefined strategies that have shown successful backtest results. The platform is no-code, you don’t need to learn how to programme a bot. Bitsgap has three pricing plans, the starter plan costs 29 USD monthly, however, you can first subscribe to a free 7-day trial period. The platform is cloud based and non custodial. The company is based in Estonia.
Cleo
Different plans, starting from 69 USD monthly
Target audience: anyone
No code is needed
Cleo is a crypto trading bot that can be configured in plain text, without having to code or program anything. It is also curious that it’s asset agnostic, you can use Cleo not only for crypto trading but also for forex, equity trading, and commodities. The platform is integrated with a handful of exchanges that all charge trading fees, unlike Lykke. On the integrated exchanges, you can place orders manually or run your strategies as a crypto robot. To build a strategy you have to set up a series of rules. The strategy can be backtested before it goes live. The platform has a “panic button” that allows you to cancel all your open positions if you consider so. Creo is cloud-based and device-independent. The platform is quite expensive, the pricing starts at 69 USD per month. The company is headquartered in London and operates from Prague.
Coinrule
Different plans, starting from a free one
Target audience: anyone
No code is needed
Coinrule is a platform that was built by a group of crypto and blockchain enthusiasts, as they put it themselves. The mission of the platform is to give anyone the necessary tools to compete with hedge funds in the crypto trading market. The platform is easy to use, it requires no coding skills. The platform offers three plans: a free one, a 30 USD and a 60 USD monthly plan. However, the number of exchanges with which this platform is integrated is quite limited. The software is offered on a SaaS basis and the company is based in the UK.
Cryptohero
Different plans, starting from a free one
Target audience: anyone
No code is needed
Cryptohero is a trading bot platform that is integrated with multiple exchanges. It is cloud-based and it is available for different devices, desktop and mobile. Unlike many other similar platforms, it does not offer a trading or portfolio management interface, but it may be very good news to those who are only interested in the bot because this is reflected in a very democratic pricing model. The pricing starts from a generous free starter plan while the most expensive one costs some 30 USD. The bot allows you to copy the existing AI-powered well-performing bots, set your parameters to develop your strategies, basktest and paper test. All this through a visual interface without coding. The company is headquartered in Singapore and has a presence in Switzerland, Vietnam and USA as well.
Paratica
Different plans, starting from a free one
Target audience: anyone
No code is needed
Paratica is a trading bot platform that offers different tools based on your proficiency level in cryptocurrency trading. For beginner traders, it offers the possibility of copying a bot of an experienced trader and editing its parameters. For experienced traders, it offers an editor, dozens of indicators and the possibility of testing. The platform is an MVP and it’s being currently developed. It’s integrated only with Binance, but more exchanges are being added. However, they all charge trading fees unlike Lykke. The company is based in Turkey, but the community is international.
Upbots
Different plans, starting from a free one
Target audience: anyone
No code is needed
Upbots is a crypto bot marketplace, sort of an Algo store. You can choose from a range of bots based on their performance and rating. The fee structure is also interesting: you pay as you go, if your bot is losing, you’re not paying until it recovers the losses. The platform has its own token, UBXT, it can be staked. Another interesting product offering is a bot for DeFi. The platform’s vision is very interesting and visiting their website is totally recommended! The company is based in St. Vincent & the Grenadines.