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New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?
New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?

Top 7 Best Bitcoin Trading Bots in 2019

  • Alex Morris
    WikiCoin

    Picking the right trading bot is crucial for generating sustainable passive income. Luckily, U.Today is here to help

Top 7 Best Bitcoin Trading Bots in 2019
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Lending trading bots could be one of the most profitable forms of passive income in crypto if you play your cards right. Whether you are a seasoned trader or beginner, U.Today will help you to pick up the best trading bot.        

Its not an easy feat to invest in cryptocurrencies given how volatile the prices are. However, it goes far beyond that mercurial industry even seasoned traders lose plenty of money after unsuccessful trades. The fact that humans, including the most experienced ones, are not immune to mistakes creates a market for automated trading. Trading bots have plenty of advantages:

  1. Users are able to execute trades over the clock without wasting their own time.

  2. No emotional involvement.

  3. Plenty of available strategies.

DAXrobot

DAXrobot offers its customers high payouts, which makes it one of the best offers in the automated trading niche. You have three deposit/withdrawal options:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Litecoin (LTC)

The robot automatically determines the most suitable trading strategy based on the specific assets that you choose. However, the best thing about all of this is that the robot is free to use.
DAXrobot web interface
The software has a beginner-friendly interface, which will allow users to understand the basics of trading from the get-go. Unfortunately, DAXrobot doesnt have a phone app.

It works with CFDs and Forex (regulated), so it doesnt touch binary options.  

NB! DAXBASE (as well as DAXrobot) do not provide any services on US territory.

BinBot Pro

For those who are short on budget, BinBot could be another suitable option. It supports a slew of cryptocurrencies and binary options assets. Unlike DAXrobot, this trading bot is available worldwide, including the US and Canada.  

With a win-rate of over 80 percent, this is one of the best offers on the market that is completely free (you are only required to place a minimum deposit of $250). Users also have the possibility to create a demo account before depositing money.  
BinBot Pro web interface
After registering on the website, you are required to choose one of the brokers and go through a setup process; deposits and withdrawals are conducted by the broker.

Before running the auto-trader, you have to adjust the trading settings. The bot uses the most common technical indicators, such as MACD, Williams %R and others.
 

MUST READ 3Commas and CryptoHopper Are Top Trading Bots by Monthly Website Visits

Gunbot

Gunbot is yet another established trading bot on the market. The largest exchanges support this bot (the number of exchanges depends on the plan that you choose).     

When it comes to pricing, there is a one-time payment for a lifetime license, which could seem like an advantage to those who are not willing to pay fees. There is also a marketplace for different trading strategies, meaning that you can buy unique ones from other traders.

Its also worth mentioning that GunBot has excellent customer support, and its developers are constantly posting updates on Github.
Gunbot Interface
If you manage to configure this bot properly, it can be a perfect tool for generating passive income.

Gimmer

Gimmer allows traders to use a wide array of crypto trading bots. The platform supports multi-currency trading and provides users with many trading strategies (additional ones can be rented from a bot store).

Notably, Gimmer is based on its own decentralized app. The whole ecosystem is powered by Gimmer tokens (GMR). The tokens can be used for renting bots, buying strategies, etc. The good news is that a standard automated trading bot is offered for free.      
Gimmer web interface
The features include backtesting, marginal trading, setting up indicators and safeties. With Gimmer, you can also use an automated lending bot in order to invest in cryptocurrencies that have the most deficit.       

The bot has multiplatform support (Windows, macOS, Linux).

Cryptotrader

Cryptotrader is one of the most popular mainstream bots, which explains why it supports so many cryptocurrency exchanges. With its large community of users, there is no doubt that we are dealing with a legitimate project.

Cryptotrader supports cloud-based bots, which means that it is not necessary to install additional software.
Cryptotrader web interface
Before actually engaging in automated trading, you can run a backtest tool to see how a certain strategy performs based on the historical data.  
 
Many trading strategies are available for free, but one will have to shell out 0.0522 BTC in order to get access to all trading bots with plenty of other useful features.
 

MUST READ Top 7 Best Bitcoin Trading Bots in 2018

Other bots to consider:

  • Margin

  • BTCROBOT

  • Zenbot

Top 7 Best Bitcoin Trading Bots in 2019

Haasbot

Lastly, we would like to present you Haasbot the most sophisticated tool for certified professionals in trading. The software was developed by a Denmark-based company, HaasOnline Software. The latest version (Haasbot 4.0) is expected to appear on the market this year.   

The list of features includes:

  • Indicators (users are able to choose among different indicators with different time frames from 60 seconds to three days).

  • Safeties (as the name suggests, this feature is a safeguarding measure that can be crucial when the price of a certain cryptocurrency plummets).

  • Insurances (insurances help to determine how bots should react to certain trade signals).

You can lend up to 15 different trading bots. For instance, an arbitrage bot allows you to profit off the price differences on various exchanges.
Haasbot web interface
As expected, its functionality comes at a price an annual license will set you back about $791 at the current price. This is your only option if you want access to all bots, indicators, insurances, and safeties.  

Beware of Bitcoin scams!

Weve just enumerated the best cryptocurrency trading bots on the market. Case in point: USI Tech. It was originally a bot that is designed for Forex trading, but the startup made a foray into the cryptocurrency market. It also differs from other bots on the list in terms of trading management you arent able to control the bot, but you could still get revenue while running it.    

The creators of this bot claimed that investors would be able to make up to 150 percent every year. Later, it turned out to be a Ponzi scheme.

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Nem Price Prediction 2019-20-25 How Much Will XEM Cost?

  • Denys Serhiichuk
    WikiCoin

    Most of the cryptocurrencies lost their value during 2018, however, some of them have potential for future growth. NEM or New Economic Movement is such a coin. This digital asset is a unique one, as it is not similar to the most popular cryptos, like Bitcoin or Ethereum, for example. In this article, we analyze the potential of NEM and predict its price within the next few years.

Nem Price Prediction 2019-20-25  How Much Will XEM Cost?
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The cryptocurrency NEM stands out from the rest of altcoins. This is a young digital currency that has become especially popular among users in Asia.

NEM Platform Features

The founder of the cryptocurrency NEM (XEM) is considered to be a member of the popular portal bitcointalk.org, which is known by the nickname Utopian Future. In the second half of January 2014, the user began to discuss the created digital asset and received support from other forum participants.

NEM is an abbreviation for New Economic Movement. The title of digital money is the mission of the project.

The goal of the NEM platform is to create a digital asset that is used in all areas of the economy. Later, an organization called the NEM Foundation was founded, the main task of which is the development of digital currency.

NEM logo

The release of the NEM platform with the XEM coin took place at the end of March 2015. The new cryptocurrency quickly gained popularity in the Land of the Rising Sun, and later among users of other Asian countries. The success of the digital money has been driven by its unique features and benefits.

The coin has the following advantages:

  • Unique PoI algorithm (proof-of-importance), which ensures stable operation of the system and automatic confirmation of new units. Today, PoI looks the most successful and fair in comparison with PoW, as well as PoS and its modifications. The amount of remuneration to participants depends on several factors: the number of coins in the wallet, the number of transactions performed, the duration of participation in the system. Block generation time is only 60 seconds, which is one of the highest rates in the industry.

  • Convenience for users. The program used by the platform supports all operating systems. It can be downloaded from the official NEM website.

  • High security. Algorithm Catapult has its own system of self-diagnosis, eliminates the possibility of duplicate payments and prevents system failures. All this provides a high level of protection against cyber attacks.

  • Transaction Rate. The processing of operations on the NEM network takes just seconds, throughput is up to 4 thousand / sec.

  • The limited supply of 9 billion XEM tokens helps to maintain a stable exchange rate.

  • Adaptation of NEM wallets for any, including mobile devices.

  • The constant amount of commission - 0.01% of the transaction.

In the near future, the team is planning to implement solutions to increase the scalability of the network, to develop an innovative COMSA platform focused on supporting ICOs, and to focus on further cooperation with the banking sector. Many Asian and European banks are testing the benefits of the NEM blockchain in terms of using smart contracts and faster and cheaper transactions.

COMSA ecosystem

In addition, this year the projects founders are about to open a science lab and the NEM Blockchain Innovation coworking center. The objective of the project is to promote the platform and assist in its practical use. It is reported that there are investors who are ready to invest $40 million in this idea. It is difficult to say how this is combined with the recent news about serious financial difficulties and the possible dismissal of employees.

Another project awaiting implementation is its own cryptocurrency exchange.

MUST READ NEM (XEM) Foundation to Ask Community for Funding and Change Tactics to Avoid Bankruptcy

NEM Price Prediction 2019

At the turn of 2017-18, in the period of an unprecedented rise in the cryptocurrency market, experts and specialized agencies vividly published forecasts, in which they announced even more intensive growth of XEM in the near future. Many promised the rise to $40-50 and called for investing with the expectation of 20 to 30-fold income. It is clear that any predictions, especially those related to numbers, can be risky.

NEM Price Prediction

But even today, the majority of analysts estimate XEM as still positive. They do not associate the current state of affairs exclusively with the general bearish trend of the market.

Experts also emphasize that the XEM token has the main advantages of two high-tech cryptocurrencies at once: Ethereum and Ripple. The first is related to the use of smart contract technology, and the second is focused on working with the traditional financial sector. Japan, which was the first to legalize cryptocurrencies, recognized XEM as an official means of payment.

At the same time, Japanese commercial structures wishing to use the coin as a financial instrument are required to purchase a license for $300 thousand and have at least $100 thousand in an XEM coin account.

According to various forecasts, by the end of 2019, the rate of XEM may increase several times and reach the level of $0.10 - $0.20. However, much will depend on general industry trends.

NEM Price Prediction 2020 and beyond

NEM logo

In the past, we have already seen the cost of XEM to be near $2, after which a slow decline in value began, but it was caused by a general market correction. Achievement of the price of $1.92 was caused by the fourth Elliot Wave. From the fifth wave and the upcoming general news background in the cryptocurrency market, we expect an increase in value to 4-6 dollars by the end of 2019.

Re-testing of the $1.92 level can happen much earlier, and there are all the prerequisites that this will happen in the first half of 2020. According to some forecasts, the cost of the cryptocurrency can rise to 20-30 dollars in a couple of years.

MUST READ The Best Cryptocurrency to Invest in 2019

Is it worth buying NEM now?

In general, investment in XEM, given the current rate around the lower boundary, seems quite attractive. However, experienced players warn newbies about the need to put eggs in different baskets. The NEM blockchain updates planned for 2019, in addition to increasing the speed and throughput, are fraught with potential failures, bugs, and hacker attacks. When making a decision to invest, you need to take all this into account.

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