Is there free crypto bot in canada?

Is there free crypto bot in canada?

QQ截图20221125111712

we have come up with the best crypto trading bots in Canada. We have covered their definition, features, safety, fees, and pros and cons to give the reader a precise yet clear idea of what to expect from the bot they choose. Each crypto bot has distinct and significant worth. To know more, read further. 

Summary

FeaturesPionexCryptoHeroCryptohopperTrality3Commas
AppYesYesYesNoyes
ExchangesTwelve plus exchanges are supportedTwenty-three-plus exchanges are supportedFourteen exchanges are supportedFour exchanges are supportedTwelve exchanges are supported.
FeesLowAffordableLowLowLow
Ease of useEasyEasyModerateEasyEasy
SecurityHighStandardStandardStandardLow
Free VersionYes, availableYes, availableYes, availableYes, availableYes, available


1st Best Crypto Trading bots in Canada: Pionex

The one and the only mind-boggling bot that has 16 free trading bots to offer. One of the best bots for anyone who wishes to try a bot, the free in-built bots greatly help beginners and pros who want to analyze a bot.
Moreover, the platform ensures a hassle-free experience as it eliminates the troubles of API keys. Other than bot trading, the platform also has a manual trading option.

Features of Pionex

The platform offers several trading bots to traders. Let’s read a brief on those bots:

  • Grid Trading: Grid trading bot is a perfect fit for a sideways and bullish market, and it helps you buy coins at a low price and sell at high prices. The bot even allows you to buy the dip and earn more coins.

  • Spot-futures Arbitrage Bot: The bot is a perfect fit for a flexible market. Here the traders can hold a position for the future market while holding the same place in the spot market.  

  • Rebalancing Bot: The bot is a perfect fit for a bullish market and helps traders sell the right coin and buy the ideal coins.

  • BTC Moon: The bot is a perfect fit for a flexible market. The bot is a grid bot for long-term holding.

  • ETH Moon: The bot is a perfect fit for a flexible market; both BTC and ETH bots are the same.

  • Leveraged Grid: The bot is perfect for sideways and bullish markets. Traders who have tried and have some experience in grid trading and wish to increase their profit in the up-trend market must try this bot. Though the bot works like a usual grid bot, it allows the trader to have 5x leverage. However if you want leverare without learning about margin trading, then you can try leverage tokens.

  • Margin Grid: The bot is perfect for sideways and one-direction markets. Margin grid bot is the right combo of the grid trending and lending market. 

  • Reverse Grid: The bot is perfect for a bearish market. Traders who can analyze the market conditions must use this bot, and to their advantage, the bot sells at current prices and buys coins when the prices drop. 

  • Leveraged Reverse Grid: The bot is perfect for sideways and bearish markets. As the name suggests, the bot is very similar to reverse grid. However, this bot gives leverage to the trader for earning more profit.

  • Infinity Grids: The bot is perfect for a bullish market. Infinity grid bot is nothing but a premium version of the grid bot. The bot helps the trader in buying at low prices and selling at high prices 24/7.

  • Smart Trade: The bot is perfect for a flexible market. Smart trade works in a three-way strategy. First, the trader must set a strategy of buy-in setting, take profit setting, and stop-loss set.  

  • Trailing Take Profit Buy: The bot is perfect for dumping the market. Here the bot helps the trader in selling at the safest and highest possible price. Thus saving the trader from impulse sales. 

  • Other Bots: Other bots like DCA, TWAP, Stop Limit are perfect for flexible markets.

Pionex Fees

  • Withdrawal Fees: Withdrawal fees depend on coins and tokens. 

  • Deposit Fees: Deposit fees is free for certain coins and tokens.

  • Trading Fees: Maker and Taker charges are 0.05%. 

Is Pionex Safe?

Yes, Pionex is safe platform and is a licensed MSB by FinCEN. Also, it provides insurance for up to seven days for trial. 

Pros and Cons

ProsCons
Best for beginners.The trader must have coins beforehand.
Low fees make it friendly for everyone.
Traders can trade with USD.

2nd Best Crypto Trading Bots in Canada: 3Commas

3commas is a platform with again both trading terminals and trading bots available. The platform offers several standard tools for minimizing and reducing risks and maximizing profits. 3Commas is making trading simple and easy for traders since 2017.

They have a simple and easy-to-understand algorithm that works at the trader’s convenience. In addition, the algorithms have investment tools and financial protections. 

Features of 3Commas

  • DCA Bots: Dollar Cost Average bot helps the user increase their average asset price. The bot strategically arranges your investment and divides it into portions to increase your average cost. This saves you from a lump-sum investment at one time. 

  • Smart Trade: Smart trade is an exclusive feature of 3Commas where the trader can view the charts of multiple currency exchanges with bots attached. They help in simultaneous take profit and stop loss, smart cover, stepwise profit-making, and crypto signals.  

  • Grid Bot: One of the most accessible bots that any trader can have. Simply set your margin and the bot will automatically buy and sell and provide the trader with profit in the most effortless way. 

  • Trading View: A very comfortable and helpful feature for beginners. They can take advantage of the hundred indicators available, which show the market conditions in the future. Users can even take advantage of testing trading strategies. Experienced traders can create signals and indicators. 

  • Options Bot: One of the most challenging bots with the highest profit maximization. Different options strategies buy a call option, buy a put option, sell a straddle, and buy a straddle. 

  • Trading Terminal: This feature allows the traders to manage multiple exchanging platforms with 3Commas alone. And improve your trading with advanced tools. 

  • Crypto-Signals: Any beginner can begin their trading journey with these crypto-signals. They can follow these expert’s observed signals and do the same. 

  • Exchanges: all top crypto exchanges are supported. 

Also, read Bitsgap vs 3Commas vs Quadency

3Commas offers several other features like referral programs, apps, notifications, API access, marketplace, Dashboard, Rebalancer, Paper trading, smart cover, and few others. 

3Commas Fees

There are no hidden charges except the plan the trader chooses. There is three kinds of plans that the platform offers:

  • Starter: $14.5             

  • Advanced: $24.5

  • Pro: $49.5

The platform offers 3-day free access as well.

Is 3Commas Safe?

Yes, the platform is safe to use. The fact that it has so many features makes it convenient for all kinds of users to pick them. In addition, the platform offers detailed information regarding its refund policies.

Pros and Cons of 3Commas

ProsCons
The platform offers multiple features and bots.The informative content is less.
The fees structure shown is quite affordable.Traders are lured into purchasing the pro version of the platform.
App facility is available.
Easy payment methods are available.
They offer free 3-day access.

3rd Best Crypto Trading bots in Canada: CryptoHero

CryptoHero is an automated trading bot which that traders can start running within minutes. Undoubtedly, one of the best bots for beginners. Traders can connect multiple exchanges. In addition, they can test their strategies and then trade the bot. Finally, the platform offers a free trial as well.

Features of CryptoHero

CryptoHero is an automated trading platform with trading bots. Given this, they offer features like:

  • Trade parameters

  • Long strategy

  • Short strategy

  • AI optimized Bots

  • Entry and exit Conditions

  • No coding skills required

  • Backtest strategies

  • Simulated paper trading

They further have supported technical indicators like:

  • Bollinger Bands

  •  Relative Strength Index

  • Exponential Moving Average

  • Stochastic RSI

Finally, they have a referral program as well.

CryptoHero Plans

The platform offers two kinds of plans other than the basic plan, which is free for all with limited functions. In addition, traders can choose from annual and monthly goals. However, the payments have to be made in USDT, and also, the payment has to be paid a year in advance. 

Is CryptoHero Safe?

Yes, CryptoHero is safe as all the security information provided to the platform is kept secured on their servers. Personal information is restricted to employees, contractors, and service providers. In addition, the platform maintains a check on unauthorized access and usages.  

Pros and Cons of CryptoHero 

ProsCons
The platform is beginner-friendly.Security and protection features offered can be a concern for a few.
App facility is provided.

4th Best Crypto Trading Bots in Canada: CryptoHopper

Cryptohopper is a world-class automated crypto trading bot that manages crypto from all of the trader’s exchange platforms. An easy, efficient, and innovative platform. Traders can trade with over a hundred cryptocurrencies, and the platform also offers trust and standard security protocols.

Features of Cryptohopper

  • Automatic Trading: Cryptohopper is an automated bot hence the automatic trading bot. This helps the traders in trading 24/7 automatically.

  • Exchange Arbitrage: The bot helps in making a profit from the price differences in exchanges or pairs without withdrawing the fund.  

  • Market-Making Bot: The market maker bot where the users can trade on the spread as well and make the market. 

  • Mirror Trading: A free bot that allows the traders to use the strategies, signals, and templates. 

  • Algorithm Intelligence: A very unique feature of 3Commas is algorithm intelligence. This backtests the strategies so that the trader can choose the best one.

  • Trailing Stops: The bot helps trailing the prices downwards and upwards with trailing stop loss, trailing stop buy, and trailing stop short. 

  • Paper Trading: A free-to-use bot with every subscription using real-life exchange data.

  • Strategy Designer: Traders can create several strategies and assist the hopper in selecting the strategy as per the conditions.

  • Backtesting: As the name suggests, the bot helps in backtesting the strategies with the help of past insights.

  • Exchanges: The platform is supported by more than ten exchanges.

Also, read Cryptohopper Telegram Bot for Manage Trades

Cryptohopper Fees

The platform offers yearly and monthly subscription plans to its users. There are four kinds of packages available: Pioneer, Explorer, Adventurer, and Hero pro trader package. The pricing structure goes as follows:

PackagesMonthly($)Yearly($)
PioneerFreeFree
Explorer$19$16.58
Adventurer$49$41.58
Hero Pro Trader$99$83.25

Is Cryptohopper Safe?

Yes, Cryptohopper is a safe and legit. The platform does not have the authority to withdraw your funds. In addition, the platform does offer two-factor authentication services. Cloudflare protects Cryptohopper, and Amazon Web Services secure the servers. 

Pros and Cons

ProsCons
Offers free package.The ease of use is moderate, and beginners may get confused.
Fees is low.
More than ten exchanges are supported.

5th Best Crypto Trading Bots in Canada: Trality

Trality is a perfect platform for anyone who wants to have a professional trade of their asset without spending much time. The trading bot offered by them is highly trained with the trading algorithm and efficiently works on your quantitative skill. In addition, traders can backtest their trading ideas for better understanding.

Features of Trality

The platform offers features like:

  • Code Editor

  • Rule Builder

  • Marketplace

The platform offers other significant features like “Try for free” and maintains a blog column for informational content. 

Trality Fees

The platform offers both monthly and annual plans. The above image shows the pricing structure for monthly plans. However, with yearly subscriptions, the traders may annually save 20%. Furthermore, the platform does not charge any further trading fees. 

Is Trality Safe?

Yes, Trality is safe. The platform does not touch the fund of the traders. The security of the fund depends on the exchange the trader is using. In addition, Trality uses a cloud-based server that is active 24/7. Finally, the trader’s strategies are in-browser encrypted; the platform themselves do not see it. 

Pros and Cons of Trality

ProsCons
Standard security.Limited features are offered.
Offers free service.
Live trading is available.