Best alternative trading bot for Cryptotrader - 2025
Looking to replace your trading bot at Cryptotrader or just try a new one on the side? We selected our top 3 alternative trading bots for Cryptotrader. During our research we check the trading bots on three different criteria, easy to use, advanced settings and testruns.
Good to know: A trading bot can never replace manual trades and human learning insights, although a trading bot doesn't require sleep and has no emotional involvement in any trade made. Trading bot can make your life easier when is setup and tested properly.
Our best alternatives for Cryptotrader
- Shrimpy *recommendation
- 3Commas
- Cryptohopper
What we've considered while picking alternatives for Cryptotrader
Reliability
The expectation that the service will perform its intended function adequately for a specified period of time, or without failure.
Security
Security is defined as the state of being protected.
Ease of Use
How easily you can use a the crypto bot alternative.
Profitability
Can you make profit with the trading bot and the tools they provide within their platform
Price
Does the price match the functionalities & tools they provide to make profit
Cryptotrader alternative Shrimpy (our recommendation)
Shrimpy is an excellent portfolio management solution for those with busy lives. Shrimpy draws on strategies from successful investors outside the crypto space, introducing automated strategies to reduce risk and increase returns. It even provides past performance data, a 7-day forecast, and community-driven trading.
Get started with Shrimpy today * our top recommendation
Link multiple exchanges
Shrimpy has 20+ connections to different crypto platforms, ensuring your preferred crypto platform is likely compatible. (Not yet active on a crypto exchange? Sign up for Binance today!) For all crypto exchanges, Shrimpy offers a detailed tutorial to quickly set up your accounts.
Manage your portfolios
Within the Shrimpy dashboard, you can manage different portfolios. This makes it easy to organize portfolios within one account. For example, you can have a manual trading portfolio, an investment portfolio, and a trading bot portfolio. This approach allows you to de-risk and use multiple strategies.
Portfolio Stop Loss
If the market crashes, you’ll want protection, even while you sleep. The Portfolio Stop Loss feature allows you to set a stop loss across your complete portfolio. This way, when a big crash occurs, you can exit positions without needing to be in front of the screen.
Smart Order Routing
Smart Order Routing is a exclusive tool developed by Shrimpy, which scans crypto exchanges and evaluates trading pairs. It optimizes trades by utilizing different pairs and takes advantage of exchanges as a tool to achieve the best result.
Historical data
In Shrimpy’s dashboard, you have access to historical price data, market cap information, and asset statistics. You can also backtest your strategy and trading bot setup, enabling you to build the best setup based on real data.
7-day forecast
Shrimpy’s platform features a 7-day price display for each asset. These forecasts are created by Shrimpy’s machine learning models. The prices are updated every day, using data from the last 90 days to provide accurate forecasting.
Copy Top Traders
Another huge benefit of Shrimpy is its ability to let you copy other crypto traders. You can find top traders and easily copy their trades. These leaders (Top Traders) are paid based on their followers, so they are motivated to trade well and foster long-term relationships. As a beginner, you’ll likely pick up a lot from following their trades.
Extensive Shrimpy Academy
Shrimpy has a great team behind it, providing useful tutorials and information to help you set up your trading bot and take full advantage of the platform’s tools.
Start now with crypto automation on Shrimpy platform
Shrimpy Trading Bot tutorial video's
Cryptotrader alternative 3commas:
3commas is crypto trading bot that is founded in 2017 in Estonia and operating all over the world. 3commas has developed a powerful crypto trading terminal with the intention of upsetting the traditional competitors.
Start today with 3Commas crypto automation
The amount of platforms that are supported is astounding. This aspect also suggests that there are more arbitrage opportunities because there are a lot platforms that there is a high chance of finding a significant price differential between them. With a trading volume over 22 billion every month 3commas has huge impact.
So 3commas is a cryptocurrency trading exchange that also offers portfolio management, arbitrage, trading signals, and bots - a comprehensive range of cryptocurrency services that can be handled from a single dashboard.
3commas offers a set of automations that ar easy to setup. Also portfolio management and copy trading are developed on the 3commas platform.
Below the most used features of 3commas
- Concurrent Take Profit and Stop Loss
Deal closes when the indicated price is reached, or the deal closes when the price drops at or below the indicated value. - Stop Loss timeout
Take Profit and Stop Loss Trailing feature Automated value adjustments as coin prices rise. Take Profit and Stop Loss points can automatically set to increase if a coin rises. - Sell by multiple targets
Sell your coins by multiple targets. Sell 50% your coins for $2,000, then 30% for $2,500, and whats left for $3,500. - Smart Cover
Accrue additional profit with unexpected market moves. Sell and buy back coins. - Charts and Signals from Trading
View. View concurrent currency rate charts and TradingView signals in a single window. - Single-pair bot
Runs one trading pair - Multi-pair bot
Multiple pairs trading - Long algorithm
Bot buys a coin with settings you build. Next, orders for sale are placed at a higher price. For example, buys it for $10 and sells it for $11. - Short algorithm
Bot sells a coin after you create settings, and then set a buy order at a lower price. For example, sells it for $10 and buys it for $9. - Deal Close Signals
Bot trades according to Trading View signals: RSI - 7; ULT - 7-14-29; TA Presets; CQS Scalping; Trading View custom signals. You can set a deal start condition manually and open trade asap. - Analyze and copy bots
Bots can analyze performance, view and copy other bot settings on the 3Commas platform - Portfolio creation
Simple create portfolios with any coin amounts - Portfolio balancing
Balance your portfolio by maintaining coin ratios so you will always have thee stack you want divided by the coins - View & social platform
Check trade incomes of other users of the platform anonymously
- Copy trading & social trading
Watch other traders and copy their setup bot. This way you can learn quickly and avoid mistakees they have made before. - Testing
3commas offers papertesting, this way you can test a certain period if your bot setup is doing what you expected before you go LIVE for real.
What is you holding back? Start today with 3Commas crypto automation
Also 3commas has great (video) content available to learn before you start trading for real. Their team is updating their content and shares new updates about new features and functionality
Cryptotrader alternative Cryptohopper:
Cryptohopper is a popular cryptocurrency trading bot with a number of unique and intriguing features, such as cloud trading, broad social trading possibilities, and a wide range of exchanges to trade on. Stop losses and tail stops are extremely helpful in this situation, as they greatly aid risk management.
This is likely one of the greatest crypto trading bots accessible, as evidenced by its gigantic client base (over 150k users) and signal marketplace.
Mirror trading, paper trading, trading methods creator (easy drag and drop design), automated trading, and trailing stop loss are just some of the features included in Cryptohopper.
Start now with CryptohopperVideos about Cryptohopper
New to crypto trading bots?
NOTE: Cryptobots can seem intimidating at the start, but enhanced crypto trading bots offer excellent testing features to help you test your setup against historical data or simulate your setup using current market data. No need to worry—start testing YOUR bots until YOU feel ready to go LIVE.
Advantages of using a trading bot
Traders have a limit to how much data they can process at once, but robots do not. While a person can analyze multiple charts, take in the numbers, and make a calculated decision, there’s only so much they can do at once.
However, errors are bound to happen, and humans can only stay focused for so long. Bots don’t get bored from making decisions, and they’ll consistently process the information they’re given to make solid choices.
What’s even more intriguing is that crypto trading bots won’t experience fear of missing out, nor will they stress about missing a lucrative deal. Bots are free from emotional biases, so they won’t make rash decisions. Instead, they’ll focus on selecting the best choices available.
Disadvantages of using a trading bot
It’s challenging to program trading bots to consistently perform well under all circumstances, especially in the highly unpredictable crypto market. A major market crash or unforeseen event may cause a bot to make suboptimal decisions, putting your capital at danger.
Additionally, crypto trading bots are not usually built to generate substantial gains all at once. Instead, they are typically used to accrue smaller, steady profits over time. Handing over your entire portfolio to a bot may not always be the smartest strategy.
How to test crypto trading bot
Backtesting crypto trading bot
Most bots are built on the foundation of backtesting. Before you send your bot to a cryptocurrency platform, you can complete this step.
Backtesting your bot against the previous couple months or a year is an excellent place to begin. After the backtest is done, you will receive the findings, which will include all of the necessary information to determine whether the crypto bot is performing as you like (e.g. total return, maximum drawdown, number of trades executed, etc.).
Paper-testing crypto trading bot
Paper trading gives you the option to trade with simulated crypto using real-world exchange data. This way, you can get a feel for the platform without putting yourself at risk.
GUIDE: Crypto trading bots for beginnersAlternative trading bots for Cryptotrader
- Shrimpy *recommendation
- 3Commas
- Cryptohopper