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The best Altrady alternative in 2023, as found in our independent testing, is Pionex!
No doubt, the ecosystem of cryptocurrency is evolving at quite a fast rate.
While most of the exchanges in this ecosystem are designed keeping in mind retail investors in view who simply purchase digital assets and retain them for a large period, many platforms have sprung up over the years to facilitate crypto traders as well.
Altrady is one such platform; crafted by traders, tailored specifically to the needs of traders.
Like any other trade automating platform, Altrady is a fusion of features that can make the lives of contemporary traders a whole lot easier, minimize the overall risk, and maximize their profits.
Altrady has connections to 9 cryptocurrency exchanges: Binance, OKEx, Huobi, HitBTC, Bittrex, KuCoin, Coinbase Pro, Kraken, and Poloniex.
Altrady allows traders to buy and sell cryptocurrencies, but it also has several advanced and powerful sets of utilities integrated into it that can help traders better understand everything related to the market.
As a result, beginner-level traders will find it easy to set off their careers by making informed decisions.
Whereas seasoned professionals are able to save time and make larger profits by using key Altrady features, including crypto trading bots, portfolio management, laddering, and smart orders.
Best Altrady Alternatives in 2023
There are, however, plenty of options available in the market with brilliant tools to make them easily stand out as an Altrady Alternative. For example, take a look at the following:
- Pionex – 🏆 Winner!
Clearly one of the market’s top players, Pionex was launched as a cryptocurrency exchange in 2019 but quickly evolved to become an international full-fledged crypto trading platform.
Pionex now handles over $5 billion in trading volume and 100,000 users every month as a well-established broker. Therefore, Pionex is the leading Altrady alternative to consider.
- Price: FREE
- Types of Bots: Arbitrage Bot, Grid Trading Bot, Copy Trading, Social Trading, Martingale Bot, Spot-Futures Arbitrage Bot, Rebalancing Bot, DCA, etc.
- Supported Exchanges: Huobi, Binance, Pionex
- Mobile App: iOS & Android
The key feature of Pionex is that it enables its users to access 16 built-in trading bots without having them pay any additional charges.
Besides the free cloud-based trading bots, Pionex has also made available for its traders a mobile app that encompasses all desktop version features, making it possible to make huge investments on the go.
Trading Bots Available on Pionex
Following is a list of all the crypto trading bots users can access for free on Pionex:
- Grid Trading Bot
- Arbitrage Bot
- DCA (dollar-cost averaging) Bot
- Trailing sell bot
- Martingale Bot
- Rebalancing Bot
- Leveraged Grid
- Leveraged Reverse Grid
- Margin Grid
- Reverse Grid
- Dual Investment
- Infinity Grid
- Smart Trade
- Trailing Buy
- Spot Futures Arbitrage Bot
- Time-Weighted Average Price (TWAP) Bot
Pros and Cons of using Pionex Trading Bots
Over the past few years, cryptocurrency trading has evolved in many ways, becoming much more complex than simply involving in buying low and selling high activities.
In order to deal with such complexities and react to the changes in the market faster than ever, automated trading bots and platforms have become a necessity.
Coinrule is another Altrady Alternative, packed with unique features, which in the face of such intricacies, increases users’ knowledge, boosts their confidence, and consequently increases their profitability.
It has fun as well as an educational interface that even beginners find extremely easy to use.
In fact, it is one of the very few platforms that allow users to create bots tailored to their own needs, despite having zero or negligible knowledge of coding.
Coin rule understands that despite having access to fully automated trading, professional traders tend to do the research and analysis on their own, ultimately wanting to alter the strategies as they desire.
Therefore, it allows experienced traders to create their own trading bots with customized strategies.
Beginners not having enough knowledge for creating trading strategies have the benefit of accessing advanced technical indicators as well as 130+ templates with rule customization centered around various customizable trading strategies.
Trading Bots Available on Coinrule
Following are the kinds of trading bots that are supported and can be created by the users:
- Order Types
- Conditions and Triggers
- Trend Following Technique
- Accumulation Bot
Pros and Cons of using Coinrule Trading Bots
Digital assets come in different forms, and each one of them is traded at specific exchanges.
It is cumbersome for traders attempting to profit from buying and selling multiple cryptocurrencies to move from one exchange to another.
Bitsgap is one of the very few automated trading platforms that enable users to trade across 30+ exchanges, discover the best available rates, and manage their portfolios effectively, all from a single account.
Defying all odds and delivering innovative services to cater to the needs and demands of today’s traders, Bitsgap has become a powerful trading platform that can easily be the best Altrady Alternative.
Bitsgap integrates over 30 popular exchanges, not only to facilitate users to trade across multiple exchanges but also to help them benefit from the price differences at these exchanges.
Trading Bots Available on Bitsgap
Other than enabling strategy creation with advanced technical indicators, signal providing and portfolio management services, Bitsgap is renowned for allowing access to the following selection of trading bots:
- Grid Bot
- Scalper Bot
- Future Trading bots
- Trailing Up & Down for bots
- Classic Bot
- SBOT Bot Strategy
- Arbitrage Bot
Pros and Cons of using Bitsgap Bots
Founded in 2018, Shrimpy is a sophisticated cryptocurrency trading platform that focuses on portfolio management, social trading, and portfolio growth, in the long run, all in an automated fashion.
Regardless of the users’ experience with digital currencies, Shrimpy, being an amazing Altrady Alternative, can help them monitor the market, build their portfolio strategy, automate their trading strategy, and track performance.
Trading Bots Available on Shrimpy
The types of trading bots available on Shrimpy are very limited. You can use:
- Copy Bots
Pros and Cons of using Shrimpy Bots
Last but not least, of the platforms qualifying to become an Altrady Alternative is TradeSanta.
It is another cloud-based trading platform for cryptocurrencies, which is appreciated by professionals and beginner-level traders equally for easy management of risk.
It is appreciated by beginners at automated trading who wish to hit the ground running, as well as intermediate-level to professional traders who can design good strategies on their own but require a tool that actually programs the bot for them.
In short, TradeSanta is the platform that enables the creation, monitoring, as well as adjustment of crypto trading bots by traders who do not possess any programming skills.
By allowing access to customizable bots, it aims to save the time and energy that is likely to be consumed by traders in their attempts to program a crypto trading bot from scratch.
Trading Bots Available on TradeSanta
The types of bots available on TradeSanta are:
- Bollinger signal
Pros and Cons of using TradeSanta Bots
If you have really decided to try automated trading of digital currencies, you must ensure that the platform you choose to utilize comes jam-packed with state-of-the-art tools as well as creative insights.
In the same spirit, we have discussed the details of each Altrady Alternative above.
While Bitsgap, being an all-inclusive platform for automated cryptocurrency trading, seems to be a good Altrady Alternative, Pionex would still be a top choice for many beginner-level and intermediate-level investors.
- This opinion is primarily based upon the fact that no trader would want to rush headfirst into automated crypto trading.
- Unless a veteran in the industry, all traders require a thorough understanding of the trading bots they intend to utilize. Pionex is one such platform that thoroughly educates the traders about each pre-configured bot that they access.
That’s all the best Altrady alternatives for you to try in 2023.