In a hurry?
The best Coinbene trading bot in 2023, as found in our independent testing, is Bitsgap!
If you want to find the best Coinbene trading bot, then you’ve come to the right place.
Coinbene is a crypto exchange platform that was established back in 2017, and since then, it has managed to establish a really good reputation in the industry for helping its clients conduct successful cryptocurrency trades.
It was founded in Singapore, but a lot of people are aware of the company worldwide, because it provides its services to a lot of countries around the world.
The company has a big reach when it comes to its clients and as far as we can tell, it is just continuing to grow and increase in popularity.
Of course, if you want to take your cryptocurrency investments really seriously, you want to make sure that you’re working with an exchange that is going to offer overall security, and other benefits.
You also want to work out if the platform is going to support you using a trading bot, so that you can automate your trades when you need them to be automated.
Today in this article, we’re going to review the best Coinbene trading bot, so that you can streamline your crypto investments, and take the emotion out of your trades.
Best Coinbene Trading Bots 2023
Bitsgap is a Coinbene trading bot that is designed so that anybody can use it in a way that is convenient, without any prior knowledge of coding.
It has a format that is common on the majority of exchanges, so you’re going to find this trading bot familiar no matter what level of trader you are.
- Price: $24-$149/mo
- Free Trial: 7 days
- Types of Bots: Grid Bot, Scalping, Arbitrage, Unlimited Smart orders, Futures bots, Trailing Up & Down for bots, Take Profit for bots
- Supported Exchanges: Binance, OKX (OKEx), Bitfinex, HitBTC, Bittrex, Huobi, Exmo, Kucoin, CEX.io, Kraken, Poloniex, Livecoin, Coinbase PRO, Coinbene, Coinex, Gate.io, Bitstamp, Liquid, Gemini, BitZ, Yobit, DDEX, Bithumb, Bibox, BigOne
- Mobile App: Not available
You can definitely take advantage of this Coinbene trading bot by implementing automatic trading, because they offer a suitable solution for anybody that is wanting to automate their trades on Coinbene.
You can make the most of features that are available and beneficial to both new and old cryptocurrency traders, and you can even make the most of a free trial that is going to last for seven days, before you sign up for a subscription.
To connect to Coinbene, you’ll need to generate an API key, which is going to help you avoid breaching security levels, so that you can keep your personal information safe.
At the end of the day, if you want to take your Coinbene trades seriously, you need to make sure that you are working with a Coinbene trading bot that is going to share your vision and understand the importance of security.
A Bitsgap Alternative
As you can see from our list above, we’ve only got one Coinbene trading bot for you to check out, but we do have another option that you can have a look into as well, that doesn’t strictly work with Coinbene.
However, it is a trading bot and a trading exchange all by itself, so that you can keep everything under one roof.
If you’re wanting to make this switch from Coinbene for a little bit and try another exchange out for the sake of switching things up, then you definitely need to check out Pionex.
Pionex is well known in the industry not only for taking really good care of its customers, but offering free trading bots that have been built into their system, which means that you’re not only going to be able to successfully trade cryptocurrency on their platform, but you’re going to be able to use an automated trading bot to do so.
- 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
This is definitely a great choice if you are hoping to get everything done under one roof, and convenience is your biggest priority when it comes to your crypto trades.
Can I Use a Trading Bot on Coinbene?
Yes, the good news is that it is completely legal to use a trading bot on Coinbene.
One of the most compelling reasons for this is because Coinbene is trying to keep up with the play and understands that the world of cryptocurrency trading is extremely competitive and volatile.
The majority of platforms out there allow for their clients to use a trading bot when implementing their trading strategies, so it makes sense for Coinbene to be able to offer this as well.
Otherwise, they have no chance of being able to stand up to the competition.
It’s really important that you work with a Coinbene trading bot that isn’t going to reveal your personal information or ask to access more than what they need.
The best Coinbene trading bots out there are only going to ask for the most basic level of information, so that you can keep your personal assets separated.
Will I Need to Download Anything?
It completely depends on the Coinbene trading bot that you are using.
If you’re using a Coinbene trading bot that does have software that you will need to download, just be aware that you will need to keep it running on your desktop at all times, so that your trades can be implemented when you want them to be.
However, if you are using a Coinbene trading bot that is based in the cloud, this means that you’re going to be able to keep everything online and avoid bringing your computer into it.
As far as we can tell, Bitsgap is accessed through your web browser, so you won’t have to download anything to use their features.
Is It Safe to Use a Coinbene Trading Bot?
Generally speaking, a Coinbene trading bot is going to be safe for you to use.
However, just remember that Coinbene is an exchange, and it isn’t a provider of bot.
This means that they are going to do whatever it takes to keep their platform safe.
However, they can’t guarantee how safe you’re going to be if you choose to use a third party to automate your trades.
This part is up to you, so sticking to Coinbene trading bots like the ones that we have talked about above is going to protect you from exposing yourself to companies who are lacking when it comes to security, and don’t really have their clients best interests at heart.
Is There a Free Coinbene Bot?
Technically speaking, there isn’t, but if you want to go for Pionex, you are going to be able to make the most of their free trading bots.
You aren’t going to be able to trade on Coinbene, but you will be able to trade on the Pionex exchange itself, and you’re going to be able to make the most of the free trading bot options.
We don’t suggest that you do a Google search and go for the first trading bot you come across, even if they say that they offer their features for free.
They’re probably going to be lacking when it comes to quality.
How Much Money Do I Need to Begin?
Whether you are using Coinbene to implement your trades or another exchange you need to think about the overall costs that are going to accumulate as part of your trading.
Remember, if you are new to trading you are going to require a bit of funds in the beginning, so that you can cover your losses cover your costs and have enough funds to keep investing.
The rule of thumb when it comes to the world of cryptocurrency is to never invest more than you can afford to lose, and also make sure that you’re going to be able to cover things like conversion and transaction fees.
Every exchange is going to vary when it comes to these fees, but you need to know exactly what these are before you choose how much to invest.
Being able to use Coinbene to trade your crypto currency is definitely advantageous, because they are one of the most well-known, robust trading exchanges in the world.
We suggest that you go for Bitsgap if you want to be able to successfully implement automated trades on Coinbene, but if you’re wanting to check out a free bot option, you can always go for our Bitsgap alternative which is Pionex.
Remember, you aren’t going to be able to trade through Coinbene with Pionex, but you are going to be able to access free trading bots, and you are going to be able to do everything through a single platform, which is really convenient.