The crypto pair you choose and the exchange where you want to try scalping are two very significant factors to consider as the fees add up quickly, so it needs to have low fees and high liquidity to avoid slippage.
Summary
| Platforms | Founded In | Mobile App | Ease of Use | Security |
|---|---|---|---|---|
| Pionex | 2019 | Yes | Easy | High |
| 3Commas | 2017 | Yes | Easy | High |
| HaasOnline | 2014 | Yes | Easy | Standard |
| CryptoHopper | 2017 | Yes | Moderate | Standard |
| Bitsgap | 2018 | No | Easy | High |
| Coinrule | 2018 | No | Moderate | Standard |
| Quadency | 2018 | Yes | Easy | Standard |
| Altrady | 2018 | Yes | Moderate | Standard |
What is Scalp Trading?
Scalping is a trading strategy whereby traders earn small profits on minute changes in cryptocurrency price throughout the day. This kind of cryptocurrency trading technique is short-term.
Further, Scalp trading is a form of day trading and is best suited for traders who want to enter and exit positions as quickly as possible.
Although it may seem more complex than it may seem, successful scalping requires strong technical abilities and the ability to access the trade charts precisely.
How Does Scalp Trading Generate Profit?
In scalp trading, traders rely on their gut instinct to make decisions. Each trader creates a unique system to guide their choices. Trading regularly and taking five to ten minutes to make a move are two traits that traders share.
While some scalping traders trade manually, others utilize software and automatic methods. Before moving, manual traders must examine price charts and market volatility using charting software like TradingView or Coinigy.
In this scenario, a trader needs to be well-versed in market movements, have excellent analytical abilities, and keep a careful eye on the trades.
Besides, he must be glued to his chair to avoid missing a profitable trade or slipping into an unprofitable position. However, this if physically and mentally infeasible for any sane human.
Therefore, to get us through this, a lot of good crypto bots are available right now, the ones listed below are particularly well-suited for scalping and high-frequency trading.
1st Best Crypto Scalping Bots: Pionex
One of the best crypto scalping bots, Pionex, enables you to automate your trading around the clock. This cryptocurrency exchange combines the liquidity from Huobi Global and Binance.
Compared to the majority of the leading exchanges, it has a cheap trading fee. In the event of a sharp price drop, it helps you dramatically lower your average buying price.
Features
- The five-minute or one-minute timeframes used to establish scaling methods
- With it, traders may copy trade
- You can increase your bitcoin holdings by using the Pionex Scalping Bot and the volatility of your existing bitcoin.
- The bot is free to use
- Low transaction costs of 0.10%
- Mobile Application – Android and iOS
Pros and Cons
| Pros | Cons |
| Pionex offers free bots. | USD trading is not available in several regions. |
| A seven-day free trial with insurance is provided. | Cannot fund accounts with fiat currency. |
| The Spot-Futures Arbitrage Bot allows retail investors to generate passive income at low risk. |
2nd Best Crypto Scalping Bots: 3Commas
The second cryptocurrency scalping bot on our list is 3Commas which is based in Miami. It was created for traders who aren’t tech-savvy and frequently lack the financial resources required to make significant investments in cryptocurrencies.
Their platform is user-friendly, and you can take advantage of a variety of their program techniques. You can even create your unique tactics. Stop loss, take profit, and other preprogram tactics are only a few of them.
Further, you can easily utilize your scalping bots with their smart trade capabilities, and they function with more than 13 major market exchanges.
Features
- Better User experience and beginner-friendly
- Support of a wide range of trading strategies
- Good Reputation
- Provide competitive speed and security
- Pricing starts at $22 (Free trial available)
- Mobile Application – Android and iOS
Pros and Cons
| Pros | Cons |
| You can access all the major crypto exchanges in a single platform. | The onboarding process is quite long. |
| Excellent customer care service. | The mobile application lags a bit. |
| Offers comprehensive education and learning tools. | There is a trade bot commission on lower tiers. |
| User-friendly dashboard including all the features. |
3rd Best Crypto Scalping Bots: HaasOnline
HaasBot is the name of the crypto trading robot, but the company behind it is called HaasOnline software. HaasOnline was founded in 2014 by Stephan de Haas, a Netherlands based software engineer. Stephan had a passion for trading and was one of the early cryptocurrency adopters. So when he saw a demand for the crypto trading robot, he put together a team of top industry experts and started HaasOnline.
When writing this HaasBot review, the company employs more than 30 people across several continents and has more than 50,000 registered users. HaasOnline continues to pioneer high-frequency trading on the most popular digital trading platforms and crypto exchanges and offers a wide range of automatic trading algorithms and tools.
Features
- Allows traders to recreate virtually any trading strategy with bot automation.
- This bitcoin trading robot allows you to create your own technical analysis.
- This free bitcoin trading bot keeps your data and codes private.
- Use custom dashboards to monitor your trading bots and market movements.
- The tool provides real time performance reports.
- Includes HaasScript, a purpose-built scripting language developed by HaasOnline for trade bots.
Pros and Cons
| Pros | Cons |
| On-premises and cloud-based trading bot platforms for optimal control. | Does not offer native mobile apps. |
| Non-custodial trading only requires an exchange API key with no withdrawal permission. | |
| Use backtesting & batch-testing to find historical optimizations that improve future ROI. | |
| No blackbox trading bots, know exactly what makes your bot run. |
4th Best Crypto Scalping Bots: CryptoHopper
As a scalping bot, CryptoHopper is undoubtedly one of the best cryptocurrency bots that provide a flawless experience for you. Additionally, they assist you in determining your stop loss and take profit settings, which are expressed in percentages.
You can utilize a protective metric to maximize market fluctuations while preserving gains. Besides, this cryptocurrency scalping bot’s trading tactics and preprogrammed algorithms allow traders to eliminate human error.
More than 75 crypto coins are supported, and its feature list includes several tools, such as a back-testing feature.
Features
- It is a trading bot that operates around the clock and hosts its services exclusively in the cloud. As a result, your bot has strong uptime and is constantly accessible for trading, and downtime does not result in any losses.
- With the assistance of this tool, you can do copy trading.
- Has a setup process that is incredibly simple to use and intuitive.
- Mobile Application – Android and iOS
Pros and Cons
| Pros | Cons |
| Do not charge a commission on top of monthly payments. | There are no phone customer service options. |
| Access to high-level research software for investors | To gain access to the most useful functionality, you must subscribe to a monthly plan. |
| Advanced security features are included in the comprehensive mobile app. |
5th Best Crypto Scalping Bots: Bitsgap
One of the top scalping bots providers that enable traders to use their bots for scalping the market is Bitsgap. As an all-in-one platform, it provides crypto trading bots, algorithmic orders, portfolio management, and Demo mode.
Additionally, it aids asset management, crypto trading, and performance monitoring in real-time. In addition, High-tech encryption is used by Bitsgap to protect its connection to your exchange.
Some of the Bitsgap-supported exchanges include Binance, Kucoin, Bybit, Coinbase, Bittrex, Kraken, Poloniex, Gemini, Gate, io, etc. Further, based on changes in the market, Bitsgap provides its consumers with verifiable market signals.
Besides, users can make wise trading judgments as a result of this. Before signing up, you should be aware that Bitsgap’s pricing is greater than that of specific other trading platforms. The features, however, make it worthwhile.
Features
- A secure API connection is used to connect to your exchange account.
- Offers a practice mode demo.
- Offers an automatic portfolio
- Smart algorithms generate orders
Pros and Cons
| Pros | Cons |
| Offers a Demo mode. | Limited trading bot functionalities |
| It has a simple interface. | Limited crypto exchanges supported |
| The platform is suitable for all level traders | |
| Bitsgap offers multiple trading bots |
6th Best Crypto Scalping Bots: Coinrule
You can develop auto-trading rules using the automated trading platform Coinrule and 150+ trading strategy templates are available on this platform.
One of the top scalping bots, it provides a strategy for buying an asset in the expectation of profiting from a probable short-term price gain.
Since Coinrule is a registered business, it is legitimate in many nations and is reliable.
Therefore, the Coinrule automated trading bot is for you if you’re seeking excellent analysis, several templates, a user-friendly interface, affordable plans, and a significant return on investment.
Features
- An easy-to-use web-based trading platform, Coinrule is popular with both new and experienced investors.
- Over ten exchanges are linked with the platform.
- It emphasizes that all orders are delivered to the market with the least amount of delay
- Coinrule uses data encryption and SMS notifications to improve its service.
- A simple, modular rule system is available on the platform.
Pros and Cons
| Pros | Cons |
| Compatible with the following exchanges: Coinbase, Binance, Kraken, and others too. | No mobile app (browser only). |
| When it comes to security Coinrule never compromises. | |
| Free account to paper trade, backtest and make a limited number of trades. |
7th Best Crypto Scalping Bots: Quadency
If you want to streamline your approach to cryptocurrency trading in general, Quadency is a useful scalping bot.
Besides, they claim that as a trading platform, they are a one-stop shop that can assist you whether you are an experienced investor or a newbie investor, and they can make using digital assets simpler.
Further, there won’t be many restrictions when executing your cryptocurrency trades with these people because you can get started with a free account and explore more than 1500 bitcoin assets.
Features
- You can easily customize bots using this software.
- Numerous automatic tools and sophisticated TradingView (social network) charting are available
- A good level of customer assistance is available.
- Enables trading on Kucoin, Binance, and Bittrex.
- It provides a selection of easily customizable trading bots.
- This leading trading bot allows for automated trading.
- Mobile Application – Android
Pros and Cons
| Pros | Cons |
| You can select pre-built popular strategies, customize them, and go live in minutes. | Margin trading strategies are not available on Quadency. |
| It offers a cryptocurrency trading bot for investors of all levels. | The intuitive UI makes this platform the best option for new traders. |
| Quadency has professional-grade tools for crypto trading and portfolio management. |
8th Best Crypto Scalping Bots: Altrady
Developers who are experts in their field built Altrady, a scalping bot, so you know exactly what you’ll get from these people.Can be overwhelming for new users
Although they don’t yet have native bots, they can still interact with other bots using their capabilities. Further, you can be sure that you’ll get a lot out of these individuals when it comes to your cryptocurrency scalping bot because they are very ambitious.
Features
- The ability to make transactions at any time
- Integration with ten cryptocurrency exchanges
- Real-time access to detailed information about the volatile cryptocurrency market
- Effortless trading using bots
- Develop strategies using advanced cryptocurrency scanning technology
- Mobile Application – Android
Pros and Cons
| Pros | Cons |
| Wide range of customization tools | Can be overwhelming for new users |
| Its education system includes a wealth of videos showing users how to use the platform’s most popular features | |
| Best for investors who are looking for a single terminal to manage all of their investments |
Best Crypto Scalping Bots: Conclusion
As you can see, there are many different factors to consider while thinking about crypto scalping. The thing about cryptocurrency scalping is that it necessitates a great deal of technical research; otherwise, you risk losing all of your money.
However, the good news is that by utilizing a crypto scalping bot, you can significantly speed up and simplify the entire process.
