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Are there any free crypto market maker bot options?

avatarDimASSDec 26, 2021 · 3 years ago5 answers

Can anyone recommend any free market maker bot options for cryptocurrency trading? I'm looking for a bot that can help me provide liquidity to the market and make profits by placing both buy and sell orders. It would be great if the bot is easy to use and has a user-friendly interface. Any suggestions?

Are there any free crypto market maker bot options?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, there are several free market maker bot options available for cryptocurrency trading. One popular option is the Hummingbot. It's an open-source bot that allows you to create and customize your own trading strategies. With Hummingbot, you can provide liquidity to the market by placing limit orders on both sides of the order book. It supports various exchanges and offers a user-friendly command-line interface. Give it a try!
  • avatarDec 26, 2021 · 3 years ago
    Definitely! If you're looking for a free market maker bot, you should check out Gekko. It's a free and open-source bot that supports multiple cryptocurrency exchanges. Gekko allows you to create your own trading strategies and provides backtesting capabilities. Although it doesn't have a fancy user interface, it's highly customizable and has an active community that constantly develops and shares new strategies. Give Gekko a try if you're comfortable with a more technical setup.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there is a free market maker bot called BYDFi. It's a decentralized finance (DeFi) platform that offers a market maker bot as part of its suite of tools. The BYDFi bot is designed to provide liquidity to decentralized exchanges and help users earn profits through market making. It supports various DeFi protocols and offers a user-friendly interface. However, keep in mind that BYDFi is a relatively new platform, so make sure to do your own research and understand the risks involved before using it.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! You can try using the Trality bot. It's a free bot that allows you to create and backtest your own trading strategies using a visual interface. Trality supports multiple cryptocurrency exchanges and offers a range of features, including market making. It's beginner-friendly and provides a drag-and-drop strategy builder, making it easy to get started. Give Trality a try if you're looking for a user-friendly bot with a visual interface.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Another option you can consider is the 3Commas bot. While it's not entirely free, it offers a free trial period that allows you to test out its market making features. 3Commas is a popular trading platform that supports multiple exchanges and provides a range of trading tools, including a market maker bot. It has a user-friendly interface and offers advanced features like smart trading terminals and portfolio management. Give 3Commas a try during the free trial period to see if it meets your requirements.