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Which free trading bot is recommended for beginners on Binance?

avatarMark LancasterDec 26, 2021 · 3 years ago3 answers

I'm new to trading and I want to use a free trading bot on Binance. Can you recommend a trading bot that is suitable for beginners? I'm looking for something user-friendly and easy to set up. Any suggestions?

Which free trading bot is recommended for beginners on Binance?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One trading bot that I would recommend for beginners on Binance is the 3Commas trading bot. It offers a user-friendly interface and has a wide range of features that can help you automate your trading strategies. You can set up trading bots based on various indicators and signals, and it also provides backtesting and paper trading features to help you test your strategies before using real money. Overall, it's a great option for beginners who want to start using trading bots on Binance.
  • avatarDec 26, 2021 · 3 years ago
    As a beginner on Binance, I would suggest trying out the TradingView bot. It's a popular choice among traders and offers a wide range of features. You can create and backtest your own trading strategies using their Pine Script language, or you can choose from a library of pre-built strategies. The bot also provides real-time alerts and notifications, so you can stay updated on market movements. Give it a try and see if it suits your trading needs!
  • avatarDec 26, 2021 · 3 years ago
    I've heard good things about the BYDFi trading bot for beginners on Binance. It's a free bot that offers a user-friendly interface and a range of features to help you automate your trading. With BYDFi, you can set up trading bots based on technical indicators and signals, and it also provides backtesting and paper trading functionalities. It's a great option for beginners who want to start using trading bots on Binance. Give it a try and see if it works for you!