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The best crypto DCA bot, as found in our independent testing, is Pionex!
You might be under the impression that cryptocurrency trading is on its way out – the bubble has popped. However, the opposite is true.
It is not expected to stop at any point, which is why the more you know about cryptocurrency trading in general, the better you are going to do with your trades if you want to invest at any point.
This article is going to talk about the best crypto DCA bots in the market in 2022 so that you can approach everything to do with cryptocurrency with as much information as possible.
The thing about the cryptocurrency market is that it is highly volatile, which means that you need to constantly be thinking of different ways to overcome issues in regard to this.
One way to solve this problem is by using a bot.
As you probably already guessed there are plenty of different bot types out there when it comes to cryptocurrency trading, and today, we’re going to talk about Dollar Cost Averaging bots and how to DCA in crypto.
We are going to cover the top crypto DCA bots and platforms in the industry in 2022, and we’re also going to discuss what DCA trading is, how to DCA in crypto, and whether it is worth your time. Let’s do it.
Best Crypto DCA Bots & Platforms in 2022
Here’s a quick look at the best Crypto DCA Bots & Platforms:
Pionex is by far the best crypto DCA trading exchange in the industry currently, and we think that one of the biggest reasons for this is because it is absolutely free to use their DCA bot!
This means that you can automate your trading activity with your Bitcoin and other crypto coins, and you don’t have to pay a cent.
Obviously, this is going to be a good choice if you are someone who is just beginning to learn the ropes of cryptocurrency investment, and you don’t have a lot of assets at this point to put on the table.
When it comes to the different types of bots that they offer, you can make the most of their grid trading bot, where they will ask for a 0.05% commission.
Hopefully, you understand the gravity of the fact that these guys are free because there aren’t too many crypto DCA bots in the industry like this.
You can also make the most of their arbitrage bot, where you can earn between 15% and 50%, and there is next to no risk in this approach.
They have also been operating safely for a long time, and they have a counter on their website that counts how many days they have been operating safely.
We think that if you are someone who wants to be able to trade in the cryptocurrency industry at low risk, then this is a great option.
Bitsgap is one of those DCA bots that can help you as an all-in-one automated cryptocurrency trading platform.
As you probably have expected from this, they can help you with most major cryptocurrency exchanges, and they offer a number of different trading method options, including DCA.
They offer a top level of safety, privacy, and security, and they always use encrypted API keys, so that you can make sure that your assets are secure.
- 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
In fact, what you might be impressed to know is that the information delivered to this server is safer than if you were to share it with majority of Internet banks out there.
They encrypt their system with the best protocols out there, and also use a firewall.
They strongly suggest that you use two-factor authorization to add an extra layer of security around your assets, and the good news is that they have a free trial, so that you can use this to get to know them as a crypto DCA bot and determine whether they are a good fit for you or not.
Their pricing begins at $29 a month and goes up to $149 a month.
This way, you aren’t going to be spending too much especially if you are just starting out and have a tight budget.
Coinrule is another great crypto DCA bot option because they make it super easy for you to trade on the cryptocurrency market using automated power that is dynamic and versatile.
Like some of the other DCA bots that we will talk about, this platform has bots for free, and they have a lot of features for you to choose from so that you can make your trading experience more profitable and better in general.
- Price: Free-$449.99/mo
- Free Trial: Unlimited for basic accounts
- Types of Bots: Order Types, Conditions and Triggers, Trend Following Technique, and Accumulation Bot. Total 150+ Rules
- Supported Exchanges: Binance, HitBTC, Coinbase Pro, Okex, Bitstamp, Bittrex, Poloniex, Kraken, BitMEX, Bitfinex, Bitpanda pro, Liquid, Binance US
- Mobile App: Not available
They support many major exchanges out there, and they offer an accumulation bot, which is where you can really take advantage of your DCA trading strategy.
The advantage of using a strategy like this is that you don’t have to worry about short-term analysis or having to adjust your trading strategy on an ongoing basis.
With these guys, security is a top priority, which is why you will find encrypted API keys to protect your assets sufficiently.
The last thing that you want to do is compromise your assets online in any way, so you need to find a crypto DCA bot like this that really takes care of the security side of things. The pricing begins at $29.99 and goes all the way up to $449.99.
Shrimpy is a bot that can help you with long-term index automation, as well as portfolio tracking.
They have some pretty interesting combinations when it comes to their strategies and tools, making them a unique option when it comes to being your DCA bot.
We love that they offer unique features like custom indexing and market cap, and they can even help you re-balance your portfolio, and backtest your strategies.
They have built everything about their website with the best security in the business, and they are available to be used for free before you sign up for a professional package, which is going to cost you just $13.00 a month.
Quadency has a way of knowing what its clients’ needs are, which is why they are known as a crypto DCA bot that is professional, and above board with everything they do.
They say that their overarching goal when it comes to their features is to help their clients invest seamlessly, and the good news is that you can have access to more than 1500 digital coins.
They prioritize things like security, so that you can protect your information really easily, and they offer two-factor authentication.
Your information is going to be encrypted from beginning to end, and they use API keys for an added layer of security.
When it comes to their bots, they use methods like their accumulated bots, which allows you to purchase specified amounts of assets over a specific period of time.
You can use a bot like this to sell over time, and there are plenty of instructions on their website, so that you can work out how to take advantage of their bots in general.
Their pricing is going to allow you to trade around the clock, and they offer you access to more than 20 live bots, as well as 200 backtests every day.
TradeSanta is one of those crypto DCA bots that is thinking about price, so again, if you are someone who doesn’t have a lot in your budget right now, these guys are going to be a great choice.
Their pricing begins at just $14.00 a month and goes all the way up to $30 a month, which we think most people are going to be able to afford.
One of the downsides to this crypto DCA bot is that they don’t have a free option, but again, we think that their pricing is more than reasonable so that you don’t even have to worry about the lack of free features.
On their website, you will be able to find a section that is titled ‘DCA bots’, so that you can apply this method to your trades, and the best part is that they can help you launch a bot within 5 minutes, because they have a number of pre-built templates.
However, if you want to, you can also build your very own strategy, and you can do this from scratch.
Napbots is a really good choice as a DCA bot, because they have all of the features that you are going to need to make the most of if you want to do really well and invest in this type of cryptocurrency strategy.
They offer a user-friendly dashboard, so that you can make the most of accurate crypto portfolio tracking tools, which are both safe and easy at the same time.
They also make it really easy for you to manage more than one cryptocurrency exchange account at the same time, and you can do this with just a single subscription, which means that you aren’t going to be paying through the roof for their features.
With proven crypto currency indexes, you can also automate and follow your trading strategy, so all in all, we think that these guys are one of the easiest crypto DCA bots to make the most of.
3Commas is a helpful, practical crypto DCA bot that has unique pricing plans, and similar to some of the other DCA bots that we’ve discussed on this list, they start their pricing at $29, and go up to $99.
They do offer new clients a free plan, and they also have a special section on their website for DCA bots, so that you can focus just on these if that is what you’re wanting to do.
They have a long list of premade trading bots that you can make the most of, so that you literally just have to copy and paste your strategy.
They also have a lot of other feature options that you can make the most of beyond this, including paper trading, you have just got to make sure that you are signed up for their platform.
We think that these guys are the perfect mix of advanced and simplistic, so that you don’t necessarily have to be a veteran of the cryptocurrency trading industry to capitalize on their features.
Cryptohopper is well-known in the world of crypto DCA trading for being efficient, innovative, and the best part is that their interface is super easy to use.
They have a great reputation among their existing clients, and they let you manage all of your exchanges, as well as being able to backtest your trades.
You can make the most of a number of different tools and resources on their website to make some real profit from your trades, and they support a number of different exchanges.
Like some of the other DCA trading bots we’ve talked about already, they have a special section on their website for this type of bot, so that you can not only capitalize on their existing bots, but they you can learn how to use them, so that you are using them efficiently.
Their free package is going to offer you 20 positions, as well as portfolio management, and then their pricing begins at $19 a month, and goes up to $99 a month.
Wunderbit is a unique and practical crypto DCA bot, because they offer four different plans, including a free option.
Their pricing ranges from $9.95 to $44.95, and if you pay for this annually, you will receive a 50% discount.
These guys are a great choice if you are wanting to easily develop a DCA trading bot, and there are many parameters around your DCA bot that you can edit, including your auto price deviation, and orders count.
If you aren’t already familiar with settings like this, you can just go for one of their pre-made templates, where you will have hundreds to choose from.
Zignaly is a very interesting approach when it comes to being a DCA bot because they are a free platform.
This means that you won’t have to pay to use them, and another thing that you’re probably going to like about them is that they don’t take any fees for the trades that you do on their exchange.
However, just know that you will need to pay for signals that are provided by other traders. With this crypto DCA bot, you can copy signals or traders that utilize the DCA strategy.
There are also a lot of other features including a trading terminal supported by a portfolio manager, and a trading view. This way, you can look at previous trading history, as well as previous profits and losses.
Remember, the more you know about how to trade cryptocurrency before you make any decisions about your investments, the better off you’re going to be.
Extrum is a crypto DCA bot that offers functionality in indexes so that you can not only make the most of their existing bots, but you can also create your own custom bot if you want to automatically manage your portfolios, and rebalance your investments.
We love that with a bot like this you can track your earning progress, change and apply different strategies, and see your trades, all through their user-friendly dashboard.
You can automatically pick assets, and create your index, and view portfolio analytics so that you can see whether your strategies are paying off, or whether you need to switch them up.
One of the things that a lot of people like the most about this crypto DCA bot is that it provides their clients full customization so that you can create your own strategies, or you can use predefined metrics, however, you are wanting to trade right now.
They can also help you easily trade with reliability and speed, and you can backtest your strategies before you throw everything into that one trade.
They offer their clients a two-week trial for free, and they start by charging their clients $30 a month after this.
Botcrypto is a helpful crypto DCA bot that can help you through its innovative and intuitive interface so that you can control and create crypto trading bots and execute the strategies that you want.
One of the things that we like the most about this bot is that they can help you configure bots without coding, and their bots are going to run in the background for you 24/7.
They offer a real-time simulation, as well as free backtests, and their team is passionate about what they do so that they are always going to be there for you whenever you need them.
They have plenty of educational resources that you can make the most of, and as far as crypto DCA bots go, we think that they are one of the easiest to use out there.
They also value things like safety and privacy, and their pricing begins from just $12 a month. Their highest price point is $75 a month. You can contact them through phone, mail, or live chat.
14. Profit Trailer
Profit Trailer is another crypto DCA bot that has an intuitive user interface that is unique and original compared to other DCA bots out there.
They also provide their clients with a live demo, so that if you are a new client, you can familiarize yourself with the platform.
When it comes to their trading bots, we think that they offer their clients a well-tested purchase and sales strategy, and you can make the most of their virtual private servers.
We think that as far as trading bots go, they are pretty easy to use, which means that once you have gained basic knowledge when it comes to crypto trading in general, you can use a number of different free backtest strategies to start your trades, no strings attached.
They also have respect for the security of your personal information, which is why they make sure that this is covered in every aspect when it comes to their website.
As far as their paper license goes, this is completely free, and everything else begins at $30 a month, and goes up to $999 for a lifetime subscription, which we think is pretty good.
15. Trade Mate
Trade Mate is a DCA bot that offers its clients a free trial, and is priced from just $39, which we think is more than reasonable.
It can help you connect to a number of different exchanges out there, which is why we think that this is a great platform to use if you are an investor who is looking for the best traders to follow.
You can also make real profit on the platform as a trader, and it offers a number of different trading strategies to utilize, including copy trading, and smart trade.
If you get on their dashboard, you are going to see the current state of your actions, as well as statistics of their overall performance, so that you can determine whether to continue using them or not.
You can even customize their dashboard, so that you can accommodate for your personal investment choices, and as far as ease of use go, we think that they are pretty user-friendly, especially compared to other crypto DCA bots out there.
They even offer a number of different tutorial videos, so that you can learn how they work.
Gunbot is another great crypto DCA bot option that takes the emotion out of trading so that you don’t have to worry about it getting in the way of making a lot of profit from your cryptocurrency investments.
They also make sure that all of their bots are user-friendly before leasing them out, and their advanced trading features make it easy for you to stay level-headed in hectic market demands.
Another thing to note about this crypto DCA bot is that it can help you with a number of exchanges, and it is highly customizable so that you can adjust their trading bots to suit your needs.
If you are a brand-new user to the world of cryptocurrency trading, there is a lot of tried and tested strategies that you can make the most of.
On their website, they explain everything you need to know about how their bots work, and they do everything with safety in mind, so your personal information is never going to be compromised.
17. Apex Trader
Apex Trader is an excellent choice for anyone who is wanting to use a DCA bot and run it 24/7 so that you can access a wide market range.
The platform offers its clients training bots that you can make the most of to employ a number of different training strategies.
As a result, this bot is highly configurable, which means that anyone can develop their own automated trading strategies, and execute them so that they work around the clock.
They share comprehensive take-profit targets with their clients, and all of their automation is built into their system so that you won’t have to do any of the coding on your end.
We think that they are really easy to use, and we also think that they care about your safety, and for new clients, they offer a free trial for seven days.
HaasOnline understands that its clients are going to need something that is going to be effective and official when it comes to being a crypto DCA bot, but one thing to take note of about these guys is that they are on the expensive side.
They are priced from $250, so you do need to have a little bit in the bank in order to be able to afford them.
However, one advantage to this DCA bot is that they are extremely comprehensive, especially compared to competitors.
They take advantage of extremely innovative software to help you with custom bots, a number of different indicators, and advanced features that are going to put you above the rest.
As well as being able to backtest all of your strategies, they offer trade protection, as well as automatic trades, and you can of course customize the bots that they offer their clients.
19. Good Crypto App
Good Crypto App is helpful as a DCA bot if you are wanting to find an all-in-one portfolio management and trading app.
They said they can offer their clients the best in crypto trading experience so that you can capitalize on their intuitive, simple interface.
They can be downloaded for both iOS and Android, but you can also use them on the Internet.
They have a number of different advanced cryptocurrency trading tools, and you can easily manage your positions 24/7 on any exchange, as well as monitor the state of your portfolio in real-time.
As well as being really easy to use, they are really affordable, especially compared to other bots out there.
Their one-month plan is going to cost you just $9.99, and if you want to sign up for 12 months, this is going to cost you $69.99.
Trality is another DCA bot that makes it really easy for you to implement this type of cryptocurrency trading strategy, and you can start trading now, and choose from their ever expanding list of some of the world’s most popular and trusted platforms out there.
They have a marketplace as well as a mobile app so that you can download their features to your mobile, and you can take your trading bot on the go with you and check in with your trades wherever you are.
They have tons of information on their website about how they work, and how you can successfully trade your cryptocurrency in general, so we think that at the end of the day, this is going to be a really solid bot that is going to help you automate all of your trading strategies no matter what these look like.
How to DCA Crypto & Bitcoin (with a Bot)
The first thing that you will need to do when using a crypto Dollar Cost Averaging bot is set up an account and find a provider such as Pionex.
You will need to share all the information necessary for you to execute your DCA trading strategy, and you can even make the most of a DCA bot to implement Bitcoin trades during day trading sessions (It’s not only swing traders that use this strategy).
What can be deceiving is that on the surface, it might appear to be a very simple strategy, that doesn’t take a lot of thought to understand how it works.
You can make a profit when the market dips and it is definitely a good option if you are a bit of a novice when it comes to the crypto trading industry.
Again though, just know that the more you know about the Bitcoin DCA bot that you are working with, and the platform in general, the easier it is going to be for you to implement your trades, and eventually make a profit.
What is DCA Trading Strategy?
At this point, if you don’t know too much about it yet, you’re probably dying to know what DCA stands for. DCA stands for dollar-cost averaging.
This is an investment strategy where an investor divides up the complete amount to be invested across a number of different purchases of a target asset so that they can reduce the impact of the volatility of the purchase overall.
Purchases are going to occur at regular intervals, no matter what the price of the asset is.
A DCA trading strategy gets rid of the tedious work of trying to determine the perfect timing when it comes to the market, and it is also known as ‘constant dollar plan’.
Once you have figured out your DCA bot, or you have chosen a premade bot that suits your needs, it is going to make cryptocurrency purchases on your behalf according to the parameters that you set.
This can happen as often as you can configure it.
This means that instead of having to sit in front of your computer every day, you can get a DCA bot working for you, which is quick and efficient.
Of course, this is a lot faster than doing everything yourself.
According to a lot of people in the crypto industry, you do have the potential to profit majorly from Bitcoin DCA.
There are a lot of experienced CEOs that trade Bitcoin using the DCA method, but the thing is that not everybody is just investing in and trading Bitcoin.
There are a lot of other cryptocurrency coins that you can purchase and sell on this market.
You can use the DCA strategy across many different coins and exchanges, which means that it is an extremely versatile trading strategy.
No matter what markets you are using your DCA trading strategy with, the ultimate goal is to make the most of market downturns, so that you don’t take too much risk or capital at any given point in time.
How Does DCA Work?
One of the first things that you will need to do when it comes to using DCA as your trading strategy is to work out the complete amount of capital that you’re wanting to invest, and what kind of cryptocurrency you’re wanting to invest.
You would do the same thing if you were investing in commodities or stocks.
Now, instead of investing a predetermined amount of capital all at once, you are going to invest small, equal increments over a set period of time.
You can either place these trades manually, or you can use a DCA bot to do it for you.
The whole point is that you are going to be investing when the entire market or an asset is in a downturn.
Once you are on the other side of this, you will be able to sell your assets for a profit.
At this point, it might sound a little bit complicated to you, but when you use a crypto DCA bot, you minimize the risk of losing out on your investment.
Just take note that regardless of what strategy you are going to use when it comes to your cryptocurrency investments, you do need to be a well-informed cryptocurrency trader.
Are There Downsides to DCA?
Just to keep everything realistic, there are downsides to all different types of trading in any kind of market, especially if you are trading in a highly volatile market, like the cryptocurrency market.
As you probably are aware of at this point, all trading platforms are going to cost you to use, and a lot of them are going to charge a fee for every transaction that you make.
Because you are going to be implementing more trades with the Dollar Cost Averaging strategy, you could end up paying more fees.
Because DCA is a long-term strategy, the fees are going to be pretty small compared to the potential of gaining a lot of profit over a period of even two or ten years.
You’ve just got to see fees like this as the overhead of doing business in the cryptocurrency market, just like all other financial markets.
Another thing that experts have seen with a DCA strategy is that there is potential to miss out on bigger gains.
As an example, if you invest a bigger lump sum in the market when it is in a downturn, then of course this increases your chances of gaining big.
However, if you aren’t worried about this, then you should definitely get into trading your cryptocurrency coins with DCA.
DCA is also not going to be that great if you purchase after a steep rise in an asset, and then experience a downturn.
However, if you feel that you can be diligent when it comes to your trading efforts, you will be able to minimize these issues.
Can You Make Money with a DCA Strategy?
The great news is that you can definitely make a profit from using a DCA strategy for your trades.
It more or less resembles passive indexing, where you can purchase regular amounts at regular intervals.
You are going to need a good amount of funds available to be able to implement a trading strategy like this over a long time, which means that you will need to have enough backing you to see it through bad times and good times.
DCA training can be really profitable when you’ve got market volatility and generalized upwards momentum when it comes to the industry.
The market is always going to give and take away, so if you can make the most of these steps, then you will be able to make a real profit from DCA trading.
Advantages to DCA Trading
Perhaps one of the biggest advantages to using this method when implementing your cryptocurrency trades is that it is going to save you time.
With DCA trading, you don’t have to be overly concerned about what the market is doing constantly, because all you have to think about is whether it is going to go up over time.
Once you have figured out the right frequency and how many funds you need to support this venture, you are only going to have to do this once, and from here, you will just have to adjust your strategy slightly in the future.
There are definitely more complicated strategies out there when it comes to cryptocurrency trading, and another potential downside to mention here is that you are going to have to be patient with it.
What Does DCA Stand for In Crypto?
DCA is short for dollar cost averaging.
This is the type of investment strategy where the trader divides the total amount to be invested, across a number of different purchases of the target asset, so as to reduce the impact of the volatility that will come with the purchase in general.
Why is Bitcoin The Most Profitable To DCA?
Bitcoin is the most profitable when it comes to DCA because when there are enough people automatically implementing DCA as their trading strategy with Bitcoin, this eats away at the total supply of Bitcoin.
If you implement DCA over the long term, then you can definitely make a profit.
So, there you have it, what we think are the greatest crypto DCA bots for you to use for your trades in the industry in 2022.
As you can see, there are plenty of options for you to choose from, and all come with their advantages and disadvantages.
All come with different price points as well, so you will have to compare these with what you’ve got in your budget right now, and what you are prepared to pay when it comes to your cryptocurrency investments in the future.
There were also plenty of free trials to take advantage of, so definitely make the most of these before you sign up to anything and take a bit of time to work out which crypto DCA bot is going to suit your needs the best.
When you land on the perfect option, then you’re going to be able to use it to your advantage for a long time to come. Good luck!