Best Coinbase Trading Bots to Earn Crypto
Not all crypto traders login to Coinbase every single day - some of us have full-time jobs!
But fear of missing out (FOMO) is a real thing, and even beginners know it.
Fortunately, there’s no need to stare at screens all day long if you have an investment bot that works as your main trading tool for decision-making in the cryptocurrency market.
Whether you use Coinbase or Coinbase Pro, there’s the possibility to employ Coinbase bots directly into your trading strategies.
We know that choosing a bot provider isn’t easy; that’s why we have made this guide.
Continue reading this blog post to get precise information about:
- Top 7 best Coinbase trading bots;
- How does a trading bot work?;
- What to know before using paid and free trading bots on Coinbase or Coinbase Pro.
What Are Crypto Trading Bots?
A cryptocurrency trading bot is a software that allows you to focus on central trading strategies by setting up automated trading rules that depend on your needs.
Handling such trading techniques requires crypto bots to be developed taking into account different technical indicators in order to craft the best crypto decisions for a determined purpose.
Although this concept is normally related to Bitcoin bots, the truth is that cryptocurrency trading bots are now more efficient than ever, and they are a great way to earn passive income and Make Money on Coinbase.
Is Crypto Bot Trading Recommended on Coinbase?
Both newcomers and advanced traders need to consider portfolio management before using a third-party trading bot.
Coinbase doesn’t have its own Coinbase bot, which means that you are trusting automated trades to a software.
Since this post doesn’t constitute investment advice, remember to perform your own research before you even think to implement a bot strategy.
Luckily, most bots offer a free trial version you can check beforehand how good or how bad they work for all your trading accounts inside Coinbase.
Read Also: Did you know that you can Transfer Crypto from Robinhood to Coinbase?
Robinhood isn’t only for options and stock trading! If you want to learn more about this matter, then check the related blog about this topic that we have written for you.
Top 7 Best Coinbase Trading Bots
There are three fundamental things that we evaluate before deciding the best crypto trading bots:
- Safety measures implemented on the trading terminal - we don’t want our private keys or portfolio stolen!;
- Efficiency and accuracy - although this highly depends on your strategy, the best trading bots always clear the path for success;
- Coinbase compatibility - we are making a list of the best Coinbase trading bot, so of course it needs to be compatible with Coinbase.
With that being said, always remember that the best way to start your trading journey is by considering all the factors that revolve around it.
Without further ado, let’s take a look at the best Coinbase bots out there!
Pro Tip: Although there’s no such thing as an “official” Coinbase bot, there are multiple features that you can use to improve your trading strategy.
For instance, you can Set Price Alerts on Coinbase and forget about checking a coin’s price every 15 minutes!
1. Cryptohopper - A Crypto Trading Bot for Everything!
This list starts with Cryptohopper, a widely known bot that the crypto community has employed for a while now.
Cryptohopper not only offers API key management and copy trading strategies for more experienced individuals, but also grants educational resources to those who need it.
What’s more, Cryptohopper can be free or premium - it depends on you.
It works smoothly with more than 15 exchanges, and Coinbase is one of them.
In conclusion, this is one of the best bots for all types of audiences.
2. CryptoHero - Start Your Trading Journey with Some Help
One of the biggest advantages offered by CryptoHero is the fact that using its mobile app is as easy as it gets.
That’s why most beginners decide to start with the right foot by implementing CryptoHero instead of other bots.
But don’t let this bot’s simplicity fool you: it has short-trading bot features and optimized IA functions that are simply top-notch.
Check it out here: CryptoHero.AI.
3. 3Commas - Take Your Trading Strategy to the Next Level
3Commas isn’t your classic, friendly bot - it’s more like a sophisticated tool that can become as complex as you want it to be.
Even though 3Commas can work as an options trading bot, it can also find the best pairs, prices, and strategies for your Coinbase trades.
Learn more about 3Commas here: 3Commas.io.
4. Coinrule - Automated Cryptocurrency Trading at Your Disposal
Coinrule cares about market trading competition, so if you don’t feel capable of battling against the whales of the market, just implement this bot and your problems will be gone.
Coinrule has a simple interface but powerful algorithms that help you decide the best trading fee and course of action for your strategies, so don’t skip on it!
5. Bitsgap - Efficiency and Safety in a Single Coinbase Trading Bot
One of the best things about Bitsgap is the safety measures implemented on the platform.
Don’t be afraid to integrate your Coinbase account with Bitsgap - it will work smoothly.
Besides, they have an amazing customer support team that will never leave you hanging. Learn more about Bitsgap here.
6. Pionex - Bot Templates for Everyone!
Pionex is a crypto exchange that integrates arbitrage bots, grid bots, and many different templates for trading.
Each grid bot or arbitrage bot available on Pionex serves a specific purpose depending on the client’s needs.
Since the bots are built into the exchange, in order to use any grid trading bot on Coinbase, you will need to fund your Pionex account first.
Learn more about this matter here: Pionex.com.
7. Quadency - A Crypto Bot that Works on Multiple Exchanges
We will close this list with Quadency, a bot that has proven to work efficiently in many different exchanges, including Coinbase, of course.
Users can test Quandency for free and pay for premium versions if they want.
In general, it is a pretty good option for those with intermediate crypto knowledge.
So, what’s your favorite bot? Remember to research further before investing! For more awesome crypto articles, GrowFollowing is your best choice.
Coinbase Bots FAQ
Can I Use a Coinbase Bot in Binance?
It depends, but mostly yes! Most bots do work both with Binance and Coinbase, but we have made a list of Binance Trading Bots that you should check to learn more about this.
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.