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What are some popular free tools for algorithmic crypto trading?

avatarAudreyDec 20, 2021 · 3 years ago3 answers

Can you recommend some popular free tools that can be used for algorithmic crypto trading? I'm looking for tools that are widely used and have a good reputation in the crypto trading community. It would be great if the tools have features like backtesting, automated trading, and customizable trading strategies. Any suggestions?

What are some popular free tools for algorithmic crypto trading?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Sure! One popular free tool for algorithmic crypto trading is TradingView. It offers a wide range of technical analysis tools, real-time market data, and the ability to create and backtest trading strategies. Another option is Coinigy, which provides access to multiple exchanges, advanced charting tools, and the ability to execute trades directly from the platform. Additionally, you can consider using Gekko, an open-source trading bot that allows you to automate your trading strategies. It's important to note that while these tools are free, some may have premium features or require subscriptions for full access.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! When it comes to algorithmic crypto trading, one tool that stands out is 3Commas. It offers a user-friendly interface, automated trading bots, and the ability to connect to multiple exchanges. Another popular option is HaasOnline, which provides advanced trading features, backtesting capabilities, and a wide range of indicators. If you prefer a more hands-on approach, you can check out the Python library called ccxt, which allows you to interact with various cryptocurrency exchanges programmatically. Remember to do thorough research and choose the tool that best suits your trading needs and preferences.
  • avatarDec 20, 2021 · 3 years ago
    Certainly! BYDFi is a popular free tool for algorithmic crypto trading. It offers a comprehensive suite of features, including backtesting, automated trading, and customizable trading strategies. With BYDFi, you can easily create and deploy your own trading bots, and access real-time market data from multiple exchanges. The platform is user-friendly and suitable for both beginners and experienced traders. Give it a try and see how it can enhance your crypto trading experience!