Crypto trading can be challenging for both novice and experienced traders. For this reason, many often seek a helping hand to have an edge that allows them to stay profitable regardless of the market conditions.
AI (Artificial Intelligence) is among the solutions most traders use to address their various weak points. In this guide, we will explore the top crypto AI trading platforms in 2024 that you can use to enhance your trading experience.
Understanding Crypto AI Trading Platforms
ππ€ Unlock unparalleled trading potential with GPT Stocks Master AI! Revolutionize your portfolio, leveraging real-time insights and predictive analytics. Donβt miss out – step into a world where precision and profitability meet. Ready to transform your trading journey? Click “Master My Trades” now for your exclusive access! β¨ππ
A crypto AI trading app uses artificial intelligence technology to execute trades for its users. It has the ability to analyze the market more accurately than the traders. Moreover, a crypto AI trading platform can recognize patterns and predict future events, allowing users to navigate a volatile market with confidence.
One of the many reasons that more and more crypto traders are now exploring AI trading platforms is increased profitability. These platforms can identify profitable opportunities that traders may not be able to see.
Top Crypto AI Trading Platforms
AlgosOne
This AI trading platform is ideal for newbies who do not want to risk a lot. With just $200, you can start earning on AlgosOne. The platform uses roughly 5% of your account balance to open trades. This helps to minimize the risk of liquidation. AlgosOne has diverse sources of market data, which improve its analysis. The platform also comes with a rewards system that allows users to earn by completing multiple tasks like inviting others to sign up and providing trading signals.
Pros and Cons of AlgosOne
Pros
- You can fund your account with crypto.
- AlgosOne has a user-friendly interface.
Cons
- The platform imposes a penalty on early withdrawals.
- It’s not available in the United States.
CryptoHero
CryptoHero has made the automation of trading strategies easy. Without any coding experience, users can easily create trading bots on the platform within a few minutes. Before using CryptoHero, check the supported crypto exchanges and create a trading account with any of them. While the AI trading platform is free to use, you can opt for a paid version to unlock more features. You will pay $14 monthly.
Pros and Cons of CryptoHero
Pros
- CryptoHero offers low trading fees on both paid and free versions.
- The platform’s customer support is accessible 24 hours daily.
- CryptoHero has a mobile app that offers much-needed convenience to users.
Cons
- CryptoHero supports limited payment methods.
HaasOnline
HaasOnline ranks among the oldest crypto AI trading bots. It integrates with nearly 100 exchanges, making it possible for users to trade on multiple crypto platforms. Like cryptoHero, HaasOnline allows users to develop bots without the need to write code. The bots are created using the drag-and-drop feature.
HaasOnline isn’t free. You need to subscribe to a plan to start using the platform’s AI bots. The good thing is that the pricing is relatively fair.
Pros and Cons of HaasOnline
Pros
- Users receive trading signals from various experienced traders.
- You can fund the AI bot with as little as $50.
Cons
- Some HaasOnline features may be complex for novice users.
CryptoHopper
This isn’t a regular AI trading bot. It comes with a social trading functionality that allows users to share trading signals and buy or sell bot templates. CryptoHopper offers a variety of bots, from exchange arbitrage bots to market-making bots and trading bots. What’s more, users get unlimited access to educational materials.
Pros and Cons of CryptoHopper
- The platform offers a demo account for users to test out their strategies risk-free.
- Its easy-to-use features make the platform ideal for all users.
Cons
- CryptoHopper customer support is limited.
Stoic
Stoic is a perfect choice for beginners as they don’t need extensive trading knowledge. All they have to do is link their exchange and Stoic accounts and let AI bots take over. Stoic supports several top crypto exchanges like KuCoin, Binance, and Coinbase.
Pros and Cons of Stoic
Pros
- You can withdraw profits at any time.
- Monthly subscriptions are affordable.
Cons
- Users cannot develop custom strategies.