If you want to start earning cryptocurrency, you can use a bot to make trades on your behalf. You can choose between Bitsgap, HaasBot, Blackbird, and Pionex. Before you start using a crypto arbitrage bot, you should know a few things about it. First, you should choose a reputable bot provider. Make sure that the bot provider has been around for a long time. This is because scammers have been known to use bots to collect money from unsuspecting crypto arbitrageurs.
Blackbird
The Blackbird crypto arbitrage bot is an excellent option for those who are familiar with coding and want to trade the cryptocurrency market without human intervention. It works by placing orders on different crypto exchanges based on predefined rules. The bot has two different trading strategies: short sells and long buys. Unlike human traders, the bot never needs to transfer funds between exchanges. Instead, transactions take place in parallel on two different exchanges.
Bitsgap
The Bitsgap crypto arbitrage bot is designed to help you profit from cryptocurrency prices in a way that makes the most sense for your trading strategy. This tool provides signals to alert you to significant changes in price and other market anomalies, which you can then use to your advantage. The Bitsgap bot has compiled data on cryptocurrency trading pairs to ensure that you’re aware of price anomalies and changes. It also uses technical indicators to verify rapid moves.
Pionex
The Pionex crypto arbitrage bot is a powerful cryptocurrency trading bot that automates buy and sell orders. The bot executes buy and sell orders at pre-determined intervals, and the program also provides a simple way to achieve a better average price over a specified period of time. Pionex offers 16 free trading bots, and the program can run on your computer, phone, or tablet. You can use Pionex on any device, whether you’re in the office or on the go.
HaasBot Arbitrage bot
The HaasBot is a cryptocurrency arbitrage bot that excels at smaller trades, making the most of currency differences. While not as intuitive as a cloud-based trading platform, Haasbot requires a local installation. In addition to the arbitrage feature, Haasbot is one of the most transparent projects in the market. The Haasbot team has been quite active on social media and maintains an active Telegram group. The developers provide extensive documentation on indicators and trading techniques.
TradeSanta
The TradeSanta crypto arbitrage bot works by using a strategy to enter and exit the market. It uses technical indicators and signals to enter the market, and then automatically adjusts its profit-taking level to protect profits. It supports trading on all major exchanges, and recently launched futures trading on Binance. It also offers a free demo account to test its functionality. This robot is designed to make trading as easy as possible.
