Sat. Feb 24th, 2024

Bittrex has an impressive daily trading volume ($37 billion as of the time of writing) and has been a great choice for those interested in investing in crypto without much hassle. Established in 2014, the exchange immediately focused on creating an accessible platform that can appeal to a large audience of users. While not without its flaws, the platform has many merits including a rich selection of financial instruments (over 400 different coins) and integration with multiple vendors offering automation.

It is necessary to mention that a trading bot Bittrex may support can be provided only by a handful of companies that we included in our list. Despite being an internationally recognized exchange, it does not have the same list of integration options as Binance or FTX.

WunderTrading.

This automation platform offers a very good trading bot for Bittrex, and you can get it for free! Investors that do not have a large portfolio, but want to use automation, will most certainly enjoy many features of WunderTrading’s free plan which includes all tools and up to 5 bots that you can run simultaneously. The platform is integrated with different exchanges including Binance, Coinbase, FTX, and Bittrex.

If you are looking into various complex trading instruments like arbitrage, DCA, and GRID, there not better places than WunderTrading. The list of capable bots can go on forever, but you will likely enjoy their industry-leading DCA bots and a variety of crypto analytical tools included in all plans. The service is scalable meaning that you can switch to a better-paid plan whenever you need to.

3Commas.

One of the oldest automation services with a large number of different options to choose from. GRID, DCA, and specialized bots for futures and options trading are offered to paying customers. The absence of a free plan can be somewhat discouraging, but you can try all their instruments during the free trial period. During this time, you can backtest a variety of strategies and check out their massive list of preset templates.

The service is integrated with Bittrex, but the process of adding API keys can be somewhat confusing. Other than that, the interface is clean and does not overwhelm you with unnecessary information and menus.

Cryptohopper.

Has a wide array of different tools, some are user-generated. The platform has some social aspects allowing users to rate various instruments. If you are looking for a good Bittrex auto trading bot, this provider has a good selection of really cool options. However, the interface may scare some beginners. It can feel clunky when searching for some specific feature and trying to set up a bot.

Complexity can be good if you are interested in having as many different toys to play with as possible. Although, the effectiveness of some instruments offered on the platform can be questioned. The process of adding your Bittrex account to the platform is quite simple.

How to trade on Bittrex

This exchange is often chosen by users for simplicity and the straightforwardness of the registration and verification procedures. You won’t have to spend much time creating a new account. The process can be described thusly:

  1. Go to the main page of the exchange and sign up.
  2. Verify your e-mail and top up your balance.
  3. Go to “My Account” and look for API keys.
  4. Use the API key to connect your account to any service that you like.

The whole process is much easier compared to Binance or Coinbase where API keys are often hidden in obscure places and require some technical know-how to get started with botting. 

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *