If you’re a Bitget user, bots can revolutionize your approach to crypto trading in 2024.
These bots integrate directly with Bitget, enabling you to automate strategies without manual intervention.
This guide explains how to find the best Bitget bot for your needs. We review the top providers and give tips on optimizing bot strategies.
Here’s our list of the best Bitget bots for 2024:List of the Best Bitget Trading Bots for 2024:
Top 10 Best Bitget Trading Bots of 2024: In-Depth Reviews & Comparisons
This section provides in-depth reviews and comparisons of the top Bitget bots, considering features, fees, and performance.
1. Algobot – AI-Powered Bitget Bot With an 81% Win Rate
One of Algobot’s key strengths is its customizable risk management system. Users can set their own risk tolerance levels – from conservative and balanced to aggressive. Additionally, Algobot offers crypto signals through Telegram, sending timely notifications.
This way, traders can decide which signals to follow and manually execute them on Bitget. The demo mode is another big plus, letting you test strategies without putting money on the line. The interface is straightforward too, so you won’t need to waste time figuring things out. For advanced traders, Algobot also provides an exclusive indicator that can be integrated into TradingView.
Algobot has an 81% win rate and three years of backtesting to back it up. It runs on a subscription plan, starting at $59.99 a month for crypto traders. Beyond crypto, Algobot is versatile, supporting trades in stocks, commodities, forex, and indices. It also operates on any time frame, covering everything from scalping and day trading to longer-term plays.
Pros:
Cons:
2. Bitget Bots – Native Bots by Bitget Featuring a Wide Range of Preset Strategies
Bitget features its own set of trading bots for registered users. These cater to both spot and futures markets with a wide range of preset strategies. They’re classified into bullish, bearish, and sideways – making it easy for traders to pick the right one.
Bitget supports grid, martingale, auto-invest, and CTA bots. You’ll also find advanced variations of these strategies. Moreover, all preset templates are customizable. Beyond these bots, Bitget also offers features like backtesting. Additionally, users can track their bot’s performance through detailed analytics, helping them fine-tune their strategies.
In terms of fees, Bitget’s bots involve standard trading commissions. The maximum spot trading fees are 0.10%. And for futures, fees are capped at 0.02% for makers and 0.06% for takers. These fees are discounted depending on your trading volume.
Pros:
Cons:
3. WunderTrading – Automate TradingView Scripts to Bitget Bots
WunderTrading is another popular choice among Bitget users. It allows traders to deploy pre-built bots, catering to different levels of trading experience. This includes grid, DCA, and AI bots. The AI bot primarily focuses on a statistical arbitrage strategy and swiftly finds inter-exchange opportunities.
WunderTrading also lets you automate TradingView signals via Bitget. You can create your own strategies using Pine Script on TradingView and execute them on the Bitget exchange. WunderTrading’s copy trading feature also enables users to follow successful traders and mirror their strategies. Other tools, such as a pump screener and advanced charts, are also available.
On the downside, WunderTrading’s advanced features may have a steep learning curve for beginners. It also comes with a subscription fee, starting at $4.95 a month. The subscription goes as high as $89.95 a month for unlimited active bots. WunderTrading also offers a seven-day trial to test all its features and a free plan for copy trading.
Pros:
Cons:
4. Gunbot – Advanced Bot Operating Directly From Your Device
Gunbot’s Bitget integration offers traders a powerful automated solution for crypto trading. It claims to offer highly flexible bots – with a wide array of pre-built strategies. Moreover, these strategies are also customizable to suit your specific goals.
Traders can opt for grid or trend-based strategies or create a new strategy altogether. Gunbot also supports spot and futures trading on Bitget. It operates via USDT and Universal margin perpetual contracts. There are also no restrictions on the number of crypto pairs to trade.
Unlike most bots, Gunbot runs on your personal device through dedicated software. What’s more, Gunbot provides all the necessary documentation to get started. Pricing starts at $29 a month. You can also opt for a lifetime package starting at $199 a month – which comes with huge discounts. However, this is risky approach when using Gunbot for the first time.
Pros:
Cons:
5. 3Commas – Integrated Signal Marketplace for Bitget Bots
3Commas is another bot provider offering seamless Bitget integration. It presents grid and DCA bots with customizable options. Moreover, 3Commas has a Smart Trade terminal supporting advanced charting tools and indicators. Users can manage their Bitget bots from here with order types like stop-loss and take-profit.
Another notable feature is the TradingView integration, allowing traders to create signals based on technical analysis indicators. These signals can also be automatically executed via Bitget. There’s also a marketplace giving access to third-party crypto signals.
Additionally, users can take advantage of the paper trading and backtesting features to test strategies without risking real funds. 3Commas’s pricing structure is flexible, starting with a free plan that offers limited access to features. For full access to trading bots, the Pro plan costs $49 a month. Other options include the Expert plan for $79 a month.
Pros:
Cons:
6. Octobot – Simplify Auto-Investing Into Crypto Baskets
Octobot is an open-source trading bot that integrates seamlessly with Bitget. It was designed primarily for users with coding experience. Octobot allows traders to build and automate their own strategies via Python. This flexibility enables the creation of unique bots tailored to specific trading preferences.
However, Octobot has since launched pre-built strategies – including DCA, AI, and TradingView signals. Alongside, Octobot also has ChatGPT integration for market predictions. Users might also consider investing in Octobot’s crypto baskets. You can also create your own basket with custom weightage.
Octobot is free to use for demo testing and crypto baskets. However, you need to pay a monthly fee to access the bots in live mode. Subscriptions start from $4.99 a month. Crypto futures trading is available from $49.99 a month. Octobot also offers a lifetime plan at $74.99, which offers long-term value.
Pros:
Cons:
7. Coinrule – A User-Friendly Rule-Based Bitget Bot
Coinrule is a user-friendly trading bot provider. It allows traders to create automated strategies without any coding knowledge. The platform’s primary feature is its rule-based bots, which enable users to set specific trading conditions. For instance, you can ask the bot to buy crypto when prices drop by a certain percentage or sell when profits hit a target.
Coinrule also offers pre-made rules that can be customized to suit different market conditions. This way, it caters to beginners and intermediate traders alike. Coinrule offers bot flexibility with features like advanced order types.
Pros:
Cons:
8. TradeSanta – Customizable Bitget Bots With Advanced Risk Management
TradeSanta offers a range of ready-to-go trading strategies with long and short Bitget bot templates. Advanced users can customize their bots by adjusting parameters like technical indicators and risk settings. Its grid and DCA bots are particularly popular among traders.
Additionally, TradeSanta also supports smart order functions like trailing take-profit, ensuring optimized trade exits. It’s also user-friendly, making it a good choice for beginners. TradeSanta also has a marketplace, providing access to user-generated bot strategies and templates.
It also comes with advanced risk management features such as ‘extra orders’. This averages positions by adding orders when trading against the trend. Essentially, it recalculates the take-profit price for easier attainment. TradeSanta plans cost between $25 and $90 a month. The required plans will depend on the preferred number of bots and features.
Pros:
Cons:
9. Hinvest – Build and Deploy Highly Customizable Trading Bots
Hinvest offers comprehensive bots compatible with different exchanges, including Bitget. It allows users to tailor trading strategies to individual risk preferences. Preset options include AI Smart bots, trend-based, and HODL, covering both spot and futures markets.
There are also advanced tools like different order types, adjustable position sizes, and leverage control. However, one downside is the lack of robust backtesting or demo trading. This makes it harder for users to refine strategies without risking real funds.
However, Hinvest shines by supporting markets beyond crypto, such as forex and stocks. Hinvest’s free plan offers one active bot and AI-powered trading features. However, if you need customization, you need to pick a paid plan -starting from $34 a month.
Pros:
Cons:
10. CryptoHopper – Use the Strategy Designer to Create Your Own Bitget Bot
CryptoHopper is a versatile bot provider that caters to beginners and seasoned pros alike. Its in-house builder allows users to create customized Bitget trading strategies. For those who prefer following proven methods, CryptoHopper also offers a wide selection of preset indicator-based strategies.
Additionally, users can also use Bitget bots to copy other traders. Beyond these built-in features, CryptoHopper also features a marketplace. It provides access to various trading strategies, templates, and signals that can be easily integrated into Bitget bots. All bots can be tested with historical and live data before launching.
Cryptohopper offers a tiered pricing structure. The platform provides a free Pioneer plan with limited features. Paid plans range from $29 to $129 a month, offering progressively more advanced capabilities. Each tier includes unlimited copy bots, along with additional trading features, strategy tools, and support options
Pros:
Cons:
What are Bitget Bots?
A Bitget bot is a handy tool to automate trades on the Bitget exchange. These programs execute different trading strategies, monitor the market, analyze price data, and place orders accordingly. Crucially, all this happens without any human intervention.
As discussed in the reviews above, Bitget bots can be customized to suit different trading styles. This helps users to optimize their trading efficiency and take advantage of different market conditions. Additionally, the best crypto trading bots also feature risk management tools.
In general, here’s how a Bitget bot works:
- Choose a Bot – First, select a bot with a preset strategy or create one from scratch.
- Connect Your Account – Link your Bitget account to the chosen bot, allowing it to trade on your behalf.
- Define Parameters – Set your preferences like stop-loss limits and take-profit points to manage risk.
- Market Monitoring – The bot continuously scans the market for price changes and trends.
- Execute Trades: When the conditions you set are met, the bot automatically buys or sells crypto.
Once the bot is live, it’s important to check its performance and tweak your strategy accordingly.
What are the Advantages of Bitget Bots?
Bitget bots can take your trading endeavors to the next level. Here are the key benefits that make them a smart choice for newbies and seasoned traders alike.
1. Benefit From 24/7 Trading
One of the biggest perks of Bitget bots is that they operate around the clock. The crypto market never sleeps, and opportunities can arise at any time.
With a bot, you don’t need to stay glued to your screen day and night. This means you can boost your trading potential without sacrificing your sleep schedule.
2. Customizable, Automated Strategies
Setting up a Bitget bot allows you to automate your trading strategies effortlessly. Whether you take a short-term or long-term approach, you’ll find bots dedicated to your style.
Not only that, the pre-built bot can also be customized to suit your risk level. Some bots also let you create your own strategies from scratch. This way, virtually all trading strategies can be automated using Bitget bots.
3. Faster Execution
Another significant benefit is speed – which is crucial in crypto trading. Bitget bots can execute trades in milliseconds, making them a valuable tool for capitalizing on quick market changes.
- For instance, imagine the market suddenly drops 5%.
- If you’re trading manually, you might miss that window of opportunity while deciding whether to act.
A bot, however, will instantly execute your orders, ensuring you get in at the right price. Moreover, it will take action while sticking within your prescribed risk level. This rapid response can differentiate between a profit and a loss, especially in volatile markets.
4. Minimized Emotions
Trading can be a rollercoaster of emotion – fear, greed, excitement, you name it. These feelings often lead to hasty decisions that can damage your trading performance. By using a Bitget bot, you remove the human element from trading.
The bot sticks to your predefined strategy, helping you avoid unwarranted trading decisions. For example, if you set a bot to sell when Bitcoin reaches a certain price, it will do so without hesitation. It won’t get caught up in ‘what if’ scenarios unless the market signals a reason to.
5. Risk Management
Smart trading isn’t just about making profits but also protecting your investments. Bitget bots come equipped with risk management tools like stop-loss and take-profit settings. This means you can decide how much you’re willing to lose, or aim to make, on a trade.
For instance, if you buy Ethereum at $2,000, you could set a stop-loss at $1,800. If the price falls to that point, the bot will automatically sell, saving you from a more significant loss. This lets you trade more confidently, knowing you have safeguards.
Potential Drawbacks of Bitget Bots
For traders considering Bitget bots, it’s important to know the potential drawbacks. Here are some key points to consider before diving in.
Market Volatility Still Affects Performance
No matter how sophisticated a bot is, it often can’t predict sudden market shifts. This is perhaps the most critical aspect to remember. Crypto markets are notoriously volatile. While bots can automate strategies and react quickly, they can’t foresee unpredictable events.
These could be regulatory changes, news events, or significant market crashes. A bot executes trades solely based on its programmed logic. However, those trades might not always be profitable in highly volatile conditions. In other words, using a bot doesn’t eliminate the inherent trading risks.
Initial Learning Curve
Many Bitget bots come with user-friendly interfaces. Nevertheless, they still require a certain level of understanding to operate correctly. Beginners might struggle to grasp concepts like setting up risk parameters, configuring bot strategies, or integrating external tools.
While there are pre-built bots for convenience, optimizing them for specific market conditions can still feel daunting. It’s important to take time to learn the bot’s features and functions. This confirms that you’re not making trades blindly.
Over-Reliance on Automation
It’s easy to become too dependent on bots once you’ve set them up. While automation is great for executing predefined strategies, it’s crucial not to become complacent. Markets evolve, and the strategies that work today might not be good enough tomorrow.
Relying too heavily on bots without reviewing their performance can lead to missed opportunities or unexpected losses. Regular monitoring and adjustments are essential for long-term success when using Bitget bots.
Subscription Fees Can Add Up
Most Bitget bots run on a subscription model, meaning you must factor in monthly fees. While many platforms offer affordable plans, higher-tier packages with more advanced features can cost $100 or more.
These costs can make trading unviable for casual users or those with low trading volumes. Ultimately, if your bot isn’t yielding sufficient returns, the fees may outweigh the benefits of using automated strategies.
How to Choose the Best Bitget Bot?
With so many choices, choosing a bot provider is overwhelming. Here’s a step-by-step guide to help you find the best Bitget bot for your trading style and goals.
Consider Your Trading Style
Before choosing a bot, you must figure out your trading style. Different bots cater to different needs. For instance, you can consider a trend-based strategy if you want to trade for the short term. In this case, a grid trading bot could be useful.
And if you have a low-risk tolerance, you can also try arbitrage bots. These execute multiple trades within seconds based on price fluctuations, maximizing your gains on tight margins.
On the other hand, if you’re a long-term holder, a DCA bot might work better. It automates gradual buying over weeks or months without worrying about short-term price swings. In simple terms, your bot choice should depend on your trading approaches.
Check the Bot’s Features
Bitget bots come with a range of features. Some bots allow full customization, while others offer preset strategies. The best bot for you is the one that fits your needs regarding flexibility and control.
For example, suppose you prefer customizing everything down to the slightest detail. A bot with a strategy builder could be a great option. Alternatively, if you’re more of a set-it-and-forget-it type, you might prefer Algobot. It’s perfect for users who want to automate trades without spending hours on configuration.
Analyze Historical Performance and Backtesting
Before picking a bot, take a closer look at its historical performance. Some bots come with a backtesting feature. This permits you to see how a strategy would have performed in the past based on real market data. It’s not a guarantee of future performance, albeit it gives you an idea of what to expect.
Let’s elaborate. Suppose you’re interested in a bot that promises to increase your Bitcoin holdings. Before going live, you run a backtest using historical BTC price data for the past 24 months. You’ll feel more confident using that bot if the results show consistent profit over different market conditions.
Pricing and Fees
Bot pricing can vary widely, and some are better suited for specific budgets. It’s important to factor in both the bot’s subscription and any trading fees you’ll incur from Bitget.
Higher-priced plans often provide perks like unlimited bots, additional technical indicators, and access to advanced trading strategies. However, a more affordable plan might be smarter if you’re starting out.
It’s always a good idea to begin with a budget-friendly option to test the waters. Also, take benefit of any free trials to explore the features without committing upfront.
Ease of Use and User Interface
The bot’s interface also matters. A bot might have the best features, but it won’t do you much good if they’re confusing. Look for bots with a clean, intuitive interface.
This is especially important if you’re a beginner. Choose a bot that matches your technical comfort level while offering a smooth user experience.
How to Connect Trading Bots to Bitget
Step 1: Create a Bitget Account
First, sign up for a Bitget account if you don’t already have one. Go to the Bitget website and complete the registration form.
Bitget also lets you sign up using your Google, Apple, Telegram, or crypto wallet accounts. This gives you access to the platform’s trading features and allows API integration with bots.
Step 2 – Generate API Keys
Once your Bitget account is ready, go to the ‘API Management’ section under your account settings. Name your new API key and assign it the necessary permissions.
Allow the bot to execute trades. However, for security reasons, avoid enabling the withdrawal option.
Step 3 – Link API Keys to Your Bot
In the bot’s dashboard, find the option to connect an exchange. Select Bitget from the list, then input the API and secret keys that you generated from your Bitget account.
This securely links the bot to Bitget. Some bots might require an extra step to connect via a third-party tool like Cornix. With these, you have to copy-paste the API to Cornix instead of the bot.
Step 4 – Set Up Your Trading Bot
Next, configure the bot to your preferred settings. This involves assigning risk parameters and position sizes.
Step 5 – Test and Monitor Your Bot
After connecting, test the bot with small trades to ensure everything works correctly. Before going live, you can usually backtest strategies or use demo accounts.
Once comfortable, monitor your bot regularly to optimize settings and track performance.
Conclusion
Bots have become essential tools for crypto traders in 2024. However, choosing the right Bitget bot takes research and self-awareness. You need to match the bot to your trading style, ensure it has the right features for your needs, and verify its historical performance.
For traders looking for a reliable option, Algobot is a top choice. It offers an AI-powered algorithm and customizable risk settings. Moreover, Algobot also has an 81% win rate with three years of backtesting. It can also be integrated with other leading exchanges, be it Coinbase, Bybit, or Kraken.
FAQs
What is the most successful trading bot?
Algobot is considered one of the best options due to its AI-based algorithm and customizable risk settings. It has an 81% win rate and supports multiple assets, including crypto, forex, and stocks.
Are Bitget bots a good idea?
Yes, Bitget bots automate strategies, removing emotional decision-making and optimizing trades. They are especially for monitoring the markets 24/7.
How profitable are Bitget trading bots?
Bitget bots can be profitable depending on the strategy, market conditions, and configuration. However, profits are never guaranteed.
Are Bitget bots safe?
Bitget bots are generally safe as long as users implement proper risk management and use trusted providers. However, there are always trading risks, and bot performance can depend heavily on market conditions.
Can you lose in Bitget bot trading?
Yes, you can lose in Bitget bot trading, especially if market conditions turn against your strategy or if the risk settings aren’t properly configured. Trading bots follow preset rules, but they cannot forecast or control market fluctuations.