It is no secret that the crypto market has been on a roller coaster ride lately. Sometimes it feels like there are never-ending fluctuations in prices, which makes trading difficult for new investors. However, if you have an eye for arbitrage opportunities and know how to make use of some good old-fashioned bot trading, then you can really see some profits! In this blog post, we will take a look at 5 of the best Crypto Arbitrage Bots in 2021.
Pionex
Pionex is a cryptocurrency exchange that offers trading bots built-in. Pionex also has low costs, as seen by their 0.05 percent overall arbitrage package fee. Did we mention that the bot is free to use? The Binance broker resource is what drives this kind of trading.
If you’re unfamiliar with spot-futures trading, it’s a method of trading in the perpetual futures cryptocurrency market while keeping your position in the spot market, engaging in crypto arbitrage transactions with market-neutral positioning.
Pionex also pays out every eight hours. If you’re looking for a cost-effective yet high-yield crypto arbitrage bot, Pionex may be the best choice for you.
BitsGap
Hands down, Bitsgap is without a doubt one of the most well-known crypto arbitrage trading bots in the industry. This is a cloud-based system that provides easy navigation, a simple user interface, and many options for employing arbitrage as your trading method.
It works with OKEX, Binance, Coinbase, Kraken, Huobi, and over 25 other cryptocurrency exchanges. Bitsgap also has a large selection of cryptocurrencies and fiat currencies available to trade.
You must first deposit fiat currency into one exchange and cryptocurrency assets into another for arbitrage trades. Thousands of pairs are available, such as ETH/USD and EOS/EUR. You should be aware that your arbitrage deals are determined based on your account balance on Bitsgap. Your trading fees will be determined by the cryptocurrency exchanges
Trading with Bitsgap is quite cheap and adaptable to almost any trader level.
Coinrule
The Cryptocurrencyrule is said to work with the top 10 most popular cryptocurrency exchanges and provides military-grade encryption and security. According to its users, it’s a simple yet intuitive system to set up and use. You won’t need any programming knowledge when using this crypto arbitrage bot.
With Coinrule you can trade on Binance, Coinbase Pro, Kraken, Poloniex and BitMEX.
The most popular cryptocurrency trading bot, Coinrule is free to use and offers real-time customer support, market indicators, custom rules settings, and 24/7 trades.
You should be aware that this firm is always enhancing its website with more templates, strategies, and information regarding cryptocurrencies. If you’re just getting started with crypto arbitrage trading, the one-on-one training sessions and lessons will come in handy.
