Take your trading strategy to the next level with the best trading bots for Binance

Picking the right trading bot to automate the crypto trading strategy is one of the most challenging tasks for traders. Now the question is, why trading bots are needed?

Let’s have a look at this:

Why trading bots?

After a long day at work, you come back home and start trading. Nonetheless, if you are tired of your daily routine, focusing on trading isn’t that easy. And, the solution to this problem is automated trading bots. Not everyone can look at the market all day long. As a consequence, getting help from the best trading bots can help you make money while minimizing the trading risks.

Crypto trading bot is software that helps traders to automate their strategies. In other words, we can say, bots execute orders automatically on the behalf of a trader using the strategies you set in these bots. When the crypto trading market was at its earlier stage, the traders use algorithmic trading for the largest assets like BTC, ETH, etc. But, nowadays, more than 90% of the whole crypto market including Binance futures trading is in fact automatic trading.

And, if you don’t use trading bots, you might not compete in the market. This may incur losses as no human can beat algorithms in long run. Luckily considering the best trading bots is an easier and better option. When it comes to trading on Binance futures, making use of Binance trading bots on third-party exchanges lets you access as many and diverse trading strategies as possible.

Binance trading bot

This is an outstanding crypto trading tool that runs proven trading strategies for you automatically. The primary purpose of this trading bot is to grow the trader’s portfolio while reducing trading stress. The best crypto trading platforms like TrailingCrypto have developed the best Binance trading bot to take your trading strategy to the next level.

Binance trading strategies

Considering Binance trading bot seizes every profitable opportunity for its traders as soon as it arises. To make use of the automated trading, simply check out the market conditions, choose the bot type, and benefit from the Binance bot strategy which will manage all your trades without your involvement. Some of the popular strategies associated with Binance bots are:

1. Grid trading strategy

This trading bot flourishes in the flat market and lets traders earn profits from market volatility. The Binance grid bot captures frequent price movements by maintaining a grid of buy and sell orders. Once a buy or sell order is fulfilled, the bot will place an opposite order one grid above or below. This way, the bot continues until it hits the stop condition or the set profit target.

2. DCA bot strategy

This is a beginner-friendly bot which works as per the current market trends allowing traders to accumulate assets over time. The DCA bot for Binance boosts your chances of earning good profits by averaging down your entry price if the price moves in an unfavorable direction and adjusts your profits automatically to reflect the current size and entry price of your position. And, depending on the observed price trends, you can either choose a long DCA Binance trading bot or a short DCA bot on Binance.

3. Trailing algo trading strategy

This is a Binance volatility trading bot which may turn any market trend into profits. It manages all the trailing stop order automatically while catching the strong market movements up or down. In this bot, you only need to specify the preferred trailing distance for the entry or exit positions based on the market volatility. This way, you can launch the bot.

4. Binance futures bot

Trading derivatives on the Binance exchange using all kinds of Binance future trading strategies are available on all the major crypto trading platforms like TrailingCrypto including grid bots, DCA bot, or the infinity trailing algo. Make sure to choose the best Binance futures trading bot for the current market cycle and trade with leverage upto100x.

Best Binance trading bots for 2022

While Binance is one of the largest crypto exchanges in the world, there is no surprise that all trading bots support this platform. Here are the most popular Binance bots offered by the top exchanges and trading platforms:

• TrailingCrypto

TrailingCrypto is one of the best trading platforms offering Binance trading bots in the crypto arena, compatible with various Bitcoin trading platforms. The bot beats the competition when it comes to pricing as it is an affordable bot providing access to premium features at relatively low costs.

• Cryptohopper

The platform has different types of trading bots like Binance trading bots which work using different strategies with different market trends and let the traders earn profits. This platform has one of the best user interfaces. This platform uses API keys and hence doesn’t give permission to process withdrawals from the trader’s exchange platform.

• Bitsgap

The grid trading bot at Bitsgap allows its traders to set the range and limits for their crypto trading investments, and then allows them to open and close positions in that range automatically. The trading bot for Binance at this platform works on both the long and short strategies, and places orders.

• 3Commas

This platform has some of the most efficient Binance bots with some comprehensive features. Customized bots and innovative software help traders to earn profits automatically. This platform allows its traders to earn profits with minimum efforts. It helps you to earn good revenue in bear, bull, and sideways markets.

Aim of Trailingcrypto is to Provide a Unified Trading Platform to enable user to do trading on multiple cryptocurrency exchanges from single platform. We provide many Advance Order types which is natively not available on all exchanges.