Best Crypto Grid Trading Bots

Updated July 25, 2024
Written by Neeti
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Grid trading bots are automatic buying and selling applications that execute trades based on a grid buying and selling approach. It involves placing a series of buy-and-sell orders at predetermined price periods within a certain charge range. This creates a “grid” of orders, which the bot will routinely execute because the market fee is going up and down.

Grid trading bots are extensively applied within the cryptocurrency marketplace, where volatility is strong and income from brief-time period fee versions is abundant. In this article, we will talk about the top crypto grid trading bots that are helping traders gain a higher return. Let’s get started.

What makes this list unique?

Our goal is to assist our readers by providing them with the top crypto grid bots, which have been chosen and rated based on solid criteria for both quality and security. The research team behind this article are cryptocurrency investors who have real-time knowledge of trading and have tried bots to paint an exact picture and experience of the top platforms. You may also check out some of the top crypto trading bots we have recently listed

Best Crypto Grid Trading Bots For Maximum Profits

ArbitrageScanner.io

ArbitrageScanner.io

ArbitrageScanner.io is the best arbitrage bot for traders. Here you can trade with a tool that allows you to earn from 5-50% of your capital per month – Arbitrage Perpetuals, where you can use Spot + Futures, Futures + Futures, Features + Spot strategies. These are low-risk profitable strategies, unlike classic arbitrage where there is a risk of volatility. Today, ArbitrageScanner.io clients are analyzing the market and making money with this very tool. 

Let’s show a case study of an Arbitrage Scanner client where he made over $1,700 on the STRK token using the Spot + Features strategy. He was tracking spreads on STRK coin and he received a notification that the spread was 1.5% between OKX spot OKX futures on Bybit. The client then bought the STRK token on the spot → opened a 1x short on the same volume → waited for the price convergence on the spot and futures. Earnings were $1500 in 40 minutes and further the client received income from fundings every 8 hours (fundings rate is more than 0.2%). This is the most stable way of earning where if you follow certain rules you will have no losses. 

And here we will emphasize one more advantage of working with ArbitrageScanner.io – after subscribing to the service you get free training, where all the features and options of arbitrage with specific cases are shown in detail – and you can start arbitrage in a new way using these cases as an example. In addition, you get access to a private chat room with a strong crypto community, where participants share their working strategies, cases and market insights. 

These are not high-risk automated bots – with ArbitrageScanner.io you get access to working arbitrage tools, on-chain analysis, free training, profitable cases, strong community – thanks to which clients choose this service and have already multiplied their capital.

Free trial  Available 
Supported  Web browser
Cryptocurrency  500+

Why is Arbitrage Scanner's grid bot the best?

Pros and Cons

  • Tracks spreads between different blockchains (Ethereum, BNB Chain, Polygon, Optimism, etc.).
  • Spread notifications are sent every 2 seconds.
  • Manual bot reduces risks - no need to connect to exchanges' APIs
  • Access to mass wallet search and analysis tools. You can find the wallet of a market insider, top trader and study their investment strategies.
  • It doesn’t have any mobile applications.

Binance is the world’s most popular cryptocurrency exchange. It has garnered a astounding reputation due to its impeccable review across the world. Many would be surprised to see Binance on the list, but this platform has Grid Trading Bot which is compatible with futures and spot markets as well. 

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  700+

 

Why is Binance's Grid Bot the best?

Pros and Cons

  • The grid bot is free for Binance users.
  • The chances of being deceived are rare.
  • It charges considerable withdrawal fees.

Grid bot trading is one of the various automation strategies that Bybit, a cryptocurrency exchange, offers. The API delay and other problems we encounter when using third-party tools are not present because your bot will be running directly on the exchange. As with Binance, it also has a spot and futures grid bot with multiple benefits.

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  100+

Why is Bybit's Grid Bot the best?

Pros and Cons

  • It has low fees compared to other platforms.
  • Bybit offers many advanced features that can help seasoned traders.
  • New traders would feel lost on the platform.
  • It has relatively less cryptocurrencies.

Pionex is a Singapore-based company that was founded in 2019. Grid bots are among the numerous cryptocurrency bots available on this exchange. Once you deposit funds in your Pionex wallet, you can use their grid bot to automate your trades.

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  250+

Why is Pionex' Grid Bot the best?

Pros and Cons

  • It has several trading strategies for new as well as seasoned traders.
  • The users switching between web and mobile can go with the platform.
  • It doesn't support fiat purchases.
huobi

Huobi Global

Founded in 2013, Huobi is one of the biggest cryptocurrency exchanges in Asia, catering primarily to Asian users. It is a global cryptocurrency exchange that offers a user-friendly platform for cryptocurrency trading and extensive support for a wide variety of altcoins and stablecoins, as well as its own creation, the USD-backed stablecoin HUSD, changed its branding. It offer bot trading option which includes Grid bots. It is strongly advised that users familiarize themselves with the operation of Grid bot before attempting it on Huobi for the first time.

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  250+

Why is Huobi's Grid Bot the best?

Pros and Cons

  • The platform has never been hacked.
  • Its customer service is impeccable.
  • It isn't available in the U.S.

An API-based trading tool called Altrady links to over thirty cryptocurrency exchanges. Users can try the grid bot strategy after they have established a connection with an exchange. The fact that Altrady has a desktop app, a mobile app, and a browser extension is something that makes it easy-to-use. In reference to Altrady grid bot trading, it provides cutting edge data to assist in determining your profit and loss.

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  250+

Why is Altrady's Grid Bot the best?

Pros and Cons

  • It has time based auto close.
  • Trader-focused tools, fully customizable order types, automated trading, and everything in one location.
  • It is evident that the people who designed this platform are traders themselves.
  • It might seem expensive to many users.
  • At first, new users may find the platform daunting, but once they get a hang of it, everything is easy.

Paper trading is available from 3Commas, which is perfect for people who want to test the Grid bot before investing real money. Additionally, it is compatible with all well-known cryptocurrency exchanges, and you can learn the ins and outs of grid trading with their free tutorials and guides.

Free trail  Available 
Supported  Windows 
Cryptocurrency  1000+

Why is 3Commas' Grid Bot the best?

Pros and Cons

  • Users must check the mobile app for tracking performance.
  • If the price falls significantly, place more buy orders so that your bot will continue to trade.
  • Longer and faster margin increases are simultaneous.
  • It's customer service needs attention.
bitsgap

Bitsgap

Bitsgap provides a feature-rich trading platform with the goal of making cryptocurrency trading easier. Users can combine all of their cryptocurrency exchange accounts into a single, unified interface by using Bitsgap. The Grid bot trading bot is also garnering huge traction lately. With ready-to-use templates, users can quickly launch a grid bot and earn profits. Furthermore, with Bitsgap, traders have access to all the functions they would normally be able to carry out on their usual exchanges, plus extra benefits like special tools and features.

Free trail  Available 
Supported  Windows, Android, and iPhone 
Cryptocurrency  400+

Why is Bitsgap' Grid Bot the best?

Pros and Cons

  • A reputable exchange on the list.
  • It operates on cloud making the platform fast, secure, and reliable.
  • Users can easily follow your investments with fully automatic portfolio management.
  • Grid bot doesn't reflect indicators on Bitsgap.

How are Grid Trading Bots beneficial?

There are several benefits to using grid trading bots, including:

  • Automation: Grid trading bots can automate the whole trading procedure, releasing up your time to consciousness on different things.
  • Discipline: Grid trading bots permit you to preserve discipline in your trading by sticking to a predetermined trading plan.
  • Profitability: Grid trading bots have the potential to be very worthwhile, especially in risky markets.

How to use Grid Trading Effectively?

When the use of grid trading bots, it is crucial to keep the following pointers in mind:

  • Choose the Right Bot: There are several one-of-a-kind grid trading bots to find inside the marketplace, so it is essential to discover one that is suitable for your wishes. Consider factors such as the bot’s features, user interface, and expenses.
  • Set Realistic Parameters: When putting in your grid trading bot, it’s far more important to set sensible parameters for the charge range and the variety of orders. Do not try to alternate too huge of a rate range, or you could become protected from dropping trades for too lengthy.
  • Monitor your Trades: Even though grid trading bots are automated, it is usually taken into consideration to periodically check your transactions. This will assist you in picking out possible troubles and making important adjustments to your buying and selling technique.

Which is better, Grid Trading or DCA trading?

Grid Trading vs. Dollar-Cost Averaging (DCA) Trading is usually decided by means of your investment targets and risk tolerance. Grid trading, which is typically accomplished by an arbitrage trading bot, includes setting buy and promote orders at predefined charge tiers to capitalize on marketplace volatility. It may be worthwhile in unstable markets, but it is riskier. DCA trading bots, however, automate the approach of buying a set dollar quantity of an asset frequently, no matter its charge, which can be an extra conservative strategy. Grid Trading with an arbitrage buying and selling bot or DCA trading bot needs to be selected based on your precise funding goals and capacity to deal with marketplace volatility.

Conclusion

Finally, Grid Trading Bots have become an essential component of the bitcoin and financial trading scenes. They provide traders with options for automation, risk management, and diversification. When deciding between Grid Trading and DCA Trading, investors must carefully assess their risk tolerance and interests.

The list complied includes major platforms popular, especially for its crypto grid trading bot. We have included every information possible for the users to make a smart choice.

Frequently Asked Questions

1. Are Grid Trading Bots profitable?

Grid trading bots can be very profitable, especially in volatile markets. However, it is important to use them carefully and to set the right price range and risk management parameters.

2. How can beginners get started with Grid Trading Bots?

Grid Trading Bots can be used by amateurs by deciding on a longtime trade or platform that offers grid buying and selling functionality. They need to begin modestly and gradually enlarge their exposure as they acquire experience. Furthermore, they need to train themselves in trading techniques, market studies, and financial risk management.

3. What are the prospects of grid trading bots in the market?

Grid trading bots are a noticeably new era that is gradually gaining traction. This is due to the fact they may be a low-chance choice to trade in turbulent markets. It is expected to emerge as even more outstanding because the virtual currency industry grows and matures.
Neeti
Neeti has been crafting engaging and informative content over seven years in the crypto and blockchain industry. With her extensive experience and a versatile writing style, she has helped many blockchain enthusiasts across borders understand the niche elaboratively. Whether delving into the depths of technology, exploring the intricacies of human psychology, or unravelling the mysteries of the natural world, she thrives to remain steadfast in the pursuit of excellence.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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