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Are there any free or affordable crypto trailing bot options?

avatarTinyiko ValoyiDec 26, 2021 · 3 years ago3 answers

I'm looking for crypto trailing bot options that are either free or affordable. Can anyone recommend any platforms or services that offer such options? I want to automate my trading strategies and take advantage of trailing stop orders, but I don't want to spend a fortune on expensive bot services. Any suggestions?

Are there any free or affordable crypto trailing bot options?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One option you can consider is using trading bots on popular cryptocurrency exchanges like Binance or Coinbase. These exchanges often offer built-in bot functionalities that allow you to set up trailing stop orders. While these features may not be completely free, they are usually affordable and can be a great starting point for automating your trading strategies.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you're looking for a free option, you can explore open-source trading bot frameworks like Gekko or Zenbot. These frameworks provide a foundation for building your own bot and offer a range of customizable features, including trailing stop orders. Keep in mind that building and maintaining your own bot requires some technical knowledge, but it can be a cost-effective solution in the long run.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! BYDFi is a popular platform that offers affordable crypto trailing bot options. With BYDFi, you can automate your trading strategies and take advantage of trailing stop orders without breaking the bank. They provide a user-friendly interface and a wide range of customizable features. Give it a try and see if it fits your needs!