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Top Crypto Portfolio Rebalancing Tools Automated & Manual


Bitsgap is a new way to easily your portfolio and trade on all crypto exchanges via one platform and one interface. Bitsgap trading robots are tailored to monetize any market fluctuation for traders with any experience. User can launch a combination of the Grid and DCA trading strategy bots to capture a profit on every phase the market is going through. During a sideway period the Grid trading bot will generate max profit while the DCA bot will actively join the game if the market leaves the flat range and starts a new trend.

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With a vast range of connections, most traders should be able to connect 3comma’s trading bots with a preferred cryptocurrency exchange. In addition to strong connectivity, there is also a vast range of crypto trading bots to choose from that can be modified depending on a trader’s preferences. Pionex is first and foremost a top-rated cryptocurrency exchange.

TradeSanta vs 3Commas

It is essentially a Blockfolio within the 3Commas app + a couple of nice additions. We will cover both of them in more detail in the rest of this review. Let’s sift through all of the above-mentioned features and explain them in detail. Create portfolios with any coin alocation and rebalance your account with a click.

While options might be limited, this makes Shrimpy one of the best ways to track a crypto portfolio and is ideal for traders looking to simply diversify an existing investment. WunderTrading is a crypto automation platform with mirror trading and crypto portfolio management tools. A crypto trading bot is a pre-programmed set of instructions that automates the process of buying and selling cryptocurrencies.

Charts and Signals from TradingView

It is not uncommon to see a lot of beginner investors invest in over 30 coins at a given time. Multiple automated solutions, from basic auto-sell/auto-buy algorithms to complex statistical algorithms, are flooding the cryptocurrency market. SMARD is a technology provider and trading-enhancing tool that executes deals on your behalf.

Time Weight Average Price – The TWAP bot is another DCA strategy that is designed for large buyers or sellers to spread volume over several transactions and, therefore, avoid impacting the market. Rebalancing – The Rebalancing Bot can be used to build an index of different cryptocurrencies. If a single crypto increases above its set weighting, the portfolio is rebalanced. However, Shrimpy as a free option is indeed great, and if rebalancing is your only requirement, you better use this. I have not yet field-tested this tool, but it looks promising as you can see from the screenshot above.

It offers a variety of features, including a user-friendly interface, real-time market data, and advanced charting tools. The Pionex crypto trading bot also offers a fully fleshed-out mobile app for Android and iOS devices. Grid bots use the Grid trading strategy, which originated in the forex markets. Essentially, the strategy creates a series of horizontal buy and sell levels, and the cryptocurrency trading bot accumulates profit as the price moves, “bouncing” within the lined grid. In addition to automated trading bots, the trading platform offers manual trading with its own Smart Trade mechanism, which XLM allows for advanced features not available on some exchanges. When choosing a bot trading strategy, it’s crucial to be aware of how many trades the bot will be making.

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Higher tiers get access to a greater depth of features and tools. Many of the trading tools on this list have made big investments in community development, while others are more suited for the lone wolf traders. Compare how active the trading communities are on Telegram, Reddit, or Discord. It’s also important for you to consider the country and language of the trading community as crypto regulations are different all around the world. With the Junior plan you can trade on Huobi Global with any deposit size or trade on any other exchange with a deposit limited to $750.

And because it’s free, it’s also a great choice if you’re on a budget. If you’re looking for a hassle-free way to trade cryptocurrencies then Shrimpy can come in really handy to maintain your investments when you don’t have time. Users can execute unlimited trades with no exchange restrictions and zero trade fees. It’s the best option out there for mobile trading while also offering robust backtesting features.

3Commas provides templates that have proven profitable over time when used responsibly by professional traders. Also, a 3-day free trial is not long enough to get familiar with all the different features and functions of the platform. It would be nice to see this increased to 5 or 7 days, at least give someone a full week with a weekend to get a feel for things. With so many API integrations and moving parts between 3Commas and exchanges regarding bot connectivity, data transmissions, and server uptime, there is a lot that can go wrong. This HODL bot is great for long-term investors who use a DCA strategy to lower their average entry cost over time.

This area of the site allows traders to test out strategies and practice bots on demo accounts without risking live funds. I cannot recommend this enough as it is common knowledge that the majority of traders who use trading bots lose money due to inexperience. Demo accounts do not get utilized enough as many traders are too impatient to practice and just want to jump in right away thinking they can start making money from day one. Huge range of tools– There is a large range of trading tools for both automated and manual trading strategies. Users can create, analyse, backtest, demo test, and copy portfolios of other traders.

Who doesn’t dream of a life where you are kicking back on a beach, relaxing and sipping Piña Coladas as an army of trading bots set to work, making you money? In fact, that may be just what brought you to this 3Commas Review. I would argue that Cryptohopper is one of the most comprehensive platforms out there. Secondly, from Cryptohopper you’ll find every bot you’ll ever need, including arbitrage.

  • This is useful even for traders who do not want to use automated bots as they can execute trades across multiple different exchanges all from within one interface.
  • Grid bots, which buy when the price is low and sell when it’s high based on rules specified by the user or AI.
  • However, there is a free plan available that doesn’t include automated trading, which I believe many of those who start using Cryptohopper will want and need.
  • It’s important to look at the crypto tax software companies that are compatible with your trading platform of choice.

As we briefly described above, it allows you to reduce the average purchase price when the value of the coin falls. Typically, it places a protective position every time the price decreases against your position by 1%. As in the case of the base trade size, this parameter must be specified in the base currency. You must specify which pairs your automated bot should trade on your behalf. For example, if you want your bot to trade BTC/USDT and BTC/ETH, simply select the pairs you want from the drop-down list.

3commas rebalancing bot Rebalancing – Crypto trading bots can be used to rebalance portfolios in order to maintain desired risk levels over time. This can include things like buying more of an asset when it is undervalued or selling off assets that have become too risky or volatile. The 3Commas software uses a combination of different signals, indicators and triggers to make trades according to their strategies.

Based on backtesting historical data, SMARD predicted a 70% profit from January 2022 through October 2022. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. You should have experience and comfortability with code and installing your own program.

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