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in #blog6 years ago

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USI TECH
Make no secret about it, USI Tech did become one of the biggest bitcoin multiplier investment plan programs of 2017…but there is a catch – now they are closed out of the USA/Canada and have never had trading transparency. Their trading software started out at as Forex trading, but they offer BTC Packages for people to buy in and profit from their expert cryptocurrency trading and mining connections. Now they are under water in bitcoin reserves as well as legal waters about being a security (that seems to be unregistered).

Why did we put it to number 2 of the best bitcoin trading bots? Because its our top rated do not join/buy bitcoin packages from (so disregard this one as one of the top seven).

The “well, its automated, guaranteed* (their claim not ours) and hands off. In fact, its not even a run of the mill cryptocurrency trading robot or bitcoin software that currently flood the marketplace and even highlight below” ~ but never once has showed verifiable trading and only one month before shutting down did they show some ETH/GPU mining vs no BTC/asic.

How is it different than 95%+ of the options and offers out there? We will leave this in the review just so you can know how to look out for the next trading bot/mining pool offers.

They make it more about choosing which level of bitcoin investment plans are comfortable and optimal for you to start (using the age old adage don't risk more than you can afford to lose) with and will give you nearly 1% return daily based on USI Tech's bitcoin trading and cryptocurrency mining investment operation. Most of the other BTC trading robots and automatic cryptocurrency signaling software require hands on initial setup, software and customer support. USI seems to bend that mold quite a bit in the traditional sense, giving way to one of the fastest growing bitcoin earners of 2017 – but never the less were a top heavy business model that rode the bitcoin wave up from a few thousand to nearly 20K.

While truly a new terrain still transforming before our very eyes, out of all the blockchain businesses to earn bitcoins from USI is showing no signs of slowing down as far as the amount of new opportunities that will try to have you take possession of your ‘precious' bitcoin.

BTC Robot
BTC Robot was one of the first commercially available Bitcoin trading bots, and is a self-described automated trading tool that promises to deliver guaranteed profits. The BTC Robot platform offers a significant amount of evidence to support these promises, and claims to work by constantly analyzing all of the prices in every Bitcoin exchange marketplace in real time in order to exploit market gaps.

The BTC Robot is relatively simple to set up and is user-friendly, but is the subject of debate in the Bitcoin community. Some BTC Robot users have experienced modest profits, while others have found it difficult to get it working properly, or generate a significant ROI. BTC Robot is covered by a 60 day 100% money back guarantee, however, making it a safe bet for an exploratory foray into the world of Bitcoin trading bots.

Gekko
Gekko is a unique trading bot in that it is completely open source. Unlike BTC Robot, which doesn’t provide a clear explanation of how it works, Gekko is completely programmable, and allows users to define their own automated investment strategies.

It’s possible to use Gekko to aggregate live market data, calculate indicators, execute live orders, simulate order execution, calculate profit and risk metrics, manage and import historical market data, simulate live markets with historical data, and graph all of the relevant results in a simple web interface.

The Gekko solution supports 18 different exchanges, including Poloniex and Bitfinex, and offers an adaptable plugin system that integrates with solutions such as IRC, Telegram, and email platforms. While the Gekko bot is not a high-frequency trading bot nor able to exploit arbitrage opportunities, it is a highly trustworthy Swiss army knife equivalent for traders that value simple automation and optimization.

CryptoTrader
Cryptotrader is a little known but highly scalable cloud-based automated trading bot that makes it possible for traders to build their own customized trading bot solution in minutes. As the Cryptotrader solution is completely cloud-based, it doesn’t require users to install any software locally, which is a major feature.

Cryptotrader supports all of the major cryptocurrency exchanges, including Bitfinex, BitStamp, Poloniex, Coinbase, Kraken, and Bittrex, and provides backtesting trading strategies that allow traders to test how their strategy would work in different historical trading conditions.

One of the most unique features of the Cryptotrader platform is a strategies marketplace that allows users to buy and sell successful trading strategies.

Zenbot
Zenbot is another open source anonymous crypto trading bot that provides traders with the ability to download the code for the bot and edit it themselves. The Zenbot solution is currently under active development, and is currently in the third iteration of release.

Zenbot is one of the only autonomous trading solutions that is capable of high-frequency trading, and supports the trading of multiple assets at the same time. According to information presented on the Zenbot 3 GithHub page, Zenbot 3.5.15 is capable of delivering a 1.531 ROI in three months, with is impressive for an open source automated trading solution.

Tradewave
Tradewave is a complex solution that is not technically a standalone trading bot according to the literal definition of the term. Functioning as a platform that allows traders to create automated trading strategies. The Tradewave platform can connect to most of the largest exchanges, and also provides users with the ability to share successful trading strategies with each other. The only drawback of Tradewave is that it is not free, with pricing starting at around $14 USD monthly.

Honorable Mention – Haasbot
The Haasbot automated trading solution is one of the more popular Bitcoin trading bots available, and removes a significant amount of legwork from the trading process. Haasbot, like most of the other bots on this list, integrates with all major exchanges and offers the unique benefit of candlestick pattern recognition capabilities. As the price of Haasbot ranges between 0.12 and 0.32 BTC per three-month period, users of the bot must be fairly committed to extracting a significant ROI from it.

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