Best CryptoTrader Alternatives

5 Best FREE CryptoTrader Alternative Trading Bots in 2024

Published on: March 15, 2024
Last Updated: March 15, 2024

5 Best FREE CryptoTrader Alternative Trading Bots in 2024

Published on: March 15, 2024
Last Updated: March 15, 2024

BEST CRYPTO EXCHANGES

#1 Top Rated
Pionex

#1 CRYPTO EXCHANGE
Rated 1st in 2024

TRADE CRYPTO NOW
#2 Top Rated
eToro

safe, secure & trusted

GET STARTED NOW
#1 Top Rated
Pionex

#1 CRYPTO EXCHANGE
Rated 1st in 2024
TRADE CRYPTO NOW
#3 Top Rated
Uphold

buy & sell crypto

GET STARTED NOW

In a hurry?
The best CryptoTrader alternative in 2024, as found in our independent testing, is Bitsgap!


CryptoTrader is one of those platforms that offer seamless trade bots features.

This tool is very desirable and can assist anyone who wishes to invest in Cryptocurrencies but fears the risk or those who don’t have time to keep an eye on the market all day long.

Sadly, the platform brings some limitations to the table, which might make you seek the best CryptoTrader alternatives.

Best CryptoTrader Alternatives

  1. Bitsgap – 🏆 Winner!
  2. Coinrule
  3. eToro
  4. Cryptohopper
  5. Pionex

1. Bitsgap

Bitsgap

A rising star in trade bot technology and a promising CryptoTrader alternative is Bitsgap.

Bitsgap gives users trade bots and trading in different exchanges, which is hard to find on other platforms.

Users can customize their trade bots according to their needs and then start trading, and the trading bot will do the rest.

👉 Get Bitsgap FREE

  • 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

Bitsgap aims to earn small profits from multiple trades, which is a brilliant and sure way to sell.

Bitsgap’s main trade bot is its multiple exchange one. Users can secure multiple exchanges and use the automated bot to buy and sell without keeping an eye on it.

Bitsgap is integrated with 25+ exchanges such as Binance,coinbase, etc.

A great thing about Bitsgap is that it packs a series of super-efficient trading tools to assist users in their trades. Above all, trade bots are available for trading.

Trading Bots Available on Bitsgap

  • Trailing Bot
  • Classic Bot
  • SBOT Bot Strategy
  • Future Trading bots
  • Scalper Bot

Pros and Cons of using Bitsgap

Pros
  • The available trading bots are capable of dealing with automatic cryptocurrency trade within a predetermined domain.
  • The trading bot Scaler, available in Bitsgap loads, benefits from minuscule price moves.
Cons
  • The overall functionality of trade bots that this CryptoTrader alternative features is a bit limited.

2. Coinrule

Coinrule

Another excellent alternative goes by the term Coinrule.

Coinrule offers trade bots as their primary asset.

It was founded to make crypto trading easier for beginners, which is why the interface is very accessible and easy to use.

Coinrule provides customized rules and strategies, which are then used by bots 24/7.

👉 Get Coinrule FREE

  • 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

It is a great way to trade for people who have little knowledge of cryptocurrencies or even those who don’t have time to keep track of the market.

Coinrule helps users in making and customizing their own rules, which will be implemented by trade bots.

Similar to other trade bot platforms, Coinrule also works 24/7 eliminating human errors or lags.

Users can stop using a specific direction anytime they want, which makes it a perfect flexible choice. Moreover, beginners can use the free version to get their footing.

Trading Bots Available in Coinrule:

  • Automated bots, these bots are relatively easy to figure out and work on whatever users want to focus on.
  • Built-in trading strategies

Pros and Cons of using Coinrule

Pros
  • Customization of trade bots
  • This CryptoTrader alternative brings 150+ templates to choose from
  • Back testing available to track data history
Cons
  • It can be a bit complicated for beginners.
  • Not many trade bots are available in comparison to other platforms.

3. eToro

eToro

eToro is a multifaceted and well-known platform; it’s best known for its copy trading bots (Copytrade). That’s why eToro deserves a place in this list of best CopyTrader alternatives.

Copytrade is a very lucrative technology that helps users copy movements of investors of their choice.

This is best for beginners and people who don’t know how and what to invest in. Users have to just choose the investor, and the copied trader does the rest. eToro excels in this respect.

Working with the eToro bots is so well optimized that no matter what level of expertise you hold, the process looks quite simple and not much of a headache.

Even beginners who are afraid and don’t know about investing can use this tool very well. Users can seamlessly copy movements of up to 100 investors at the same time.

Crafting a passive income by the copy trade technology is a genuine possibility when you’ve got eToro by your side.

Trading Bots Available in eToro

  • Copytrader. It brings an amazing way to streamline trading progress in eToro. Together with Smart portfolio, investment is made seamless.

Pros and Cons of using eToro

Pros
  • It offers something like CryptoTrader does, which comes with a great selection of crypto currencies
  • Copy trading itself is an amazing way to have a passive income and to take one step up in eToro.
  • Beginner-friendly
  • The trading bot bags innovative tags to ensure promising results.
Cons
  • Availability of trading bots is limited.
  • Choosing the correct investor can be difficult.

4. Cryptohopper

Cryptohopper

We have included Cryptohopper in this list of alternatives primarily for advanced users and people with knowledge about coding and can make the bots work.

This platform specializes in semi-automated bots, users can design their own bots, and the bots will do the rest.

They also have a copy trading option which makes this platform quite appealing.

Being flexible, it comes with semi-automated and also fully automated bots. The copy trader option residing within Cryptohopper is at hand to use.

Those who are worried about the fee per transaction structure can rely on Cryptohopper as they operate on monthly fees.

Trading Bots Available on Cryptohopper:

  • Semi-automated bots for desired controllability.
  • This platform offers trade bot services like CopyTrader helps users trade in different coins and markets 

Pros and Cons of using Cryptohopper

Pros
  • The trade bots are beginner-friendly
  • An amazing CopyTrader alternative that doesn’t charge any fee per transaction
Cons
  • Most technologies can be used only after membership
  • Fit for experienced traders
  • Doesn’t provide fully automated bots

5. Pionex

Pionex

One great thing about Pionex is that 12 out of 18 available trade bots are free to use! Each trade bot has a unique feature that assists the user in trading.

All of them are automated and work 24/7. Along with automated trading, Pionex also offers the option of manual trading.

Trading Bots Available in Pionex:

  • Arbitrage bot
  • DCA (dollar-cost averaging) bot
  • Trailing Sell bot
  • Grid Trading bot
  • Martingale bot
  • Leveraged Reverse Grid
  • Leveraged Grid
  • Rebalancing bot
  • Smart Trade
  • Time-Weighted Average Price (TWAP) Bot
  • Dual Investment
  • Spot futures arbitrage bot
  • Reverse Grid
  • Infinity Grid
  • Margin Grid
  • Trailing Buy

Pros and Cons of using Pionex

Pros
  • Trade bots work 24/7, which means no lags.
  • As a CryptoTrader alternative, Pionex offers 18 kinds of different trade bots, which gives users lots of options.
  • Functions are very well explained on the site and app.
  • Unlike some other trade bot platforms, Pionex also offers a manual trading option which makes it a good choice for seasoned traders.
Cons
  • Pionex does not give the option of a demo account, which means users cannot have a trial run at trading at Pionex.

Conclusion 

That’s it! We’re done uncovering the best CryptoTrader alternatives to try your hand in 2024.

We’ve counted down the most platforms offering trade bot services like CryptoTrader and presented you with 5 of them.

That should position you better while finding what you’re looking for.

After our analysis and research, we’ve narrowed down the best alternative for CryptoTrader in terms of Trade bots, and that is Bitsgap.

Here is why:

  • Bitsgap offers hundreds of cryptocurrencies to trade with.
  • The platform packs as many as 16 trade bots, and the most attractive part is that they come with your monthly plan with no hidden fees.
  • People hoping for an easy user face will find what they’re looking for in Bitsgap. Cutting short, Bitsgap loads with everything a beginner needs.
  • Bitsgap has found itself a powerful user interface which itself shows us how well it is established. 
  • Although simple to use and flexible in nature, Bitsgap doesn’t lack advanced functionality.

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Written by Thomas McGovern

Thomas McGovern is a highly experienced blockchain and cryptography expert with over a decade of experience in the field. He has worked on numerous projects involving blockchain technology, including the development of decentralized applications and the implementation of secure cryptographic protocols. McGovern’s expertise in this area is complemented by his academic background; he holds a master’s degree in Mathematics, with a focus on cryptography and number theory.