common-close-0
BYDFi
Trade wherever you are!

Are there any reliable open-source crypto bots for beginners?

avatarSubha SarkarDec 17, 2021 · 3 years ago3 answers

I'm new to the world of cryptocurrency trading and I'm wondering if there are any reliable open-source crypto bots that are suitable for beginners. I want to automate my trading process and take advantage of the opportunities in the market, but I don't have much experience or technical knowledge. Can anyone recommend any beginner-friendly open-source crypto bots that I can use?

Are there any reliable open-source crypto bots for beginners?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are several reliable open-source crypto bots available for beginners. One popular option is Gekko, which is a free and open-source trading bot that supports multiple exchanges. It has a user-friendly interface and allows you to backtest your strategies before deploying them in live trading. Another option is Zenbot, which is also open-source and offers a range of customizable trading strategies. Both of these bots are well-documented and have active communities that can help you get started.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! There are open-source crypto bots that are specifically designed for beginners. One example is the Haasbot Beginner Bot, which is a user-friendly trading bot that comes with pre-configured strategies. It allows you to automate your trades and offers features like backtesting and paper trading. Another option is the Cryptohopper Starter Plan, which is a cloud-based bot that is easy to set up and offers a visual strategy designer. These bots are great for beginners who want to dip their toes into automated trading without the need for extensive technical knowledge.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are reliable open-source crypto bots for beginners. BYDFi is a popular choice among beginners as it offers a user-friendly interface and a range of customizable trading strategies. It supports multiple exchanges and provides features like backtesting and paper trading. BYDFi also has a strong community where you can get support and learn from experienced traders. It's a great option for beginners who want to automate their trading process and take advantage of the opportunities in the crypto market.