6 Best Crypto Trading bots in Canada [2021]

In this article, we have come up with the best crypto trading bots in Canada. We have covered their definition, features, safety, fees, and pros and cons to give the reader a precise yet clear idea of what to expect from the bot they choose. Each crypto bot has distinct and significant worth. To know more, read further. 

FeaturesPionexCryptoHeroCryptohopperTrality3Commas
AppYesYesYesNoyes
ExchangesTwelve plus exchanges are supportedTwenty-three-plus exchanges are supportedFourteen exchanges are supportedFour exchanges are supportedTwelve exchanges are supported.
FeesLowAffordableLowLowLow
Ease of useEasyEasyModerateEasyEasy
SecurityHighStandardStandardStandardLow
Free VersionYes, availableYes, availableYes, availableYes, availableYes, available

1st Best Crypto Trading bots in Canada: Pionex

The one and the only mind-boggling bot that has 16 free trading bots to offer. One of the best bots for anyone who wishes to try a bot, the free in-built bots greatly help beginners and pros who want to analyze a bot. Moreover, the platform ensures a hassle-free experience as it eliminates the troubles of API keys. Other than bot trading, the platform also has a manual trading option.

To know more, read our Pionex Review

Best Crypto Trading Bots in Canada: Pionex
Best Crypto Trading Bots in Canada: Pionex

Features of Pionex

The platform offers several trading bots to traders. Let’s read a brief on those bots:

  • Grid Trading: Grid trading bot is a perfect fit for a sideways and bullish market, and it helps you buy coins at a low price and sell at high prices. The bot even allows you to buy the dip and earn more coins.
  • Spot-futures Arbitrage Bot: The bot is a perfect fit for a flexible market. Here the traders can hold a position for the future market while holding the same place in the spot market.  
  • Rebalancing Bot: The bot is a perfect fit for a bullish market and helps traders sell the right coin and buy the ideal coins.
  • BTC Moon: The bot is a perfect fit for a flexible market. The bot is a grid bot for long-term holding.
  • ETH Moon: The bot is a perfect fit for a flexible market; both BTC and ETH bots are the same.
  • Leveraged Grid: The bot is perfect for sideways and bullish markets. Traders who have tried and have some experience in grid trading and wish to increase their profit in the up-trend market must try this bot. Though the bot works like a usual grid bot, it allows the trader to have 5x leverage. However if you want leverare without learning about margin trading, then you can try leverage tokens.
  • Margin Grid: The bot is perfect for sideways and one-direction markets. Margin grid bot is the right combo of the grid trending and lending market. 
  • Reverse Grid: The bot is perfect for a bearish market. Traders who can analyze the market conditions must use this bot, and to their advantage, the bot sells at current prices and buys coins when the prices drop. 
  • Leveraged Reverse Grid: The bot is perfect for sideways and bearish markets. As the name suggests, the bot is very similar to reverse grid. However, this bot gives leverage to the trader for earning more profit.
  • Infinity Grids: The bot is perfect for a bullish market. Infinity grid bot is nothing but a premium version of the grid bot. The bot helps the trader in buying at low prices and selling at high prices 24/7.
  • Smart Trade: The bot is perfect for a flexible market. Smart trade works in a three-way strategy. First, the trader must set a strategy of buy-in setting, take profit setting, and stop-loss set.  
  • Trailing Take Profit Buy: The bot is perfect for dumping the market. Here the bot helps the trader in selling at the safest and highest possible price. Thus saving the trader from impulse sales. 
  • Other Bots: Other bots like DCA, TWAP, Stop Limit are perfect for flexible markets. 

Pionex Fees

  • Withdrawal Fees: Withdrawal fees depend on coins and tokens. 
  • Deposit Fees: Deposit fees is free for certain coins and tokens.
  • Trading Fees: Maker and Taker charges are 0.05%. 

Is Pionex Safe?

The safety of any platform highly depends on the licensing and insurance factors. Pionex is a licensed MSB by FinCEN and provides insurance for up to seven days for trial. 

Pros and Cons

ProsCons
Best for beginners.The trader must have coins beforehand.
Low fees make it friendly for everyone.
Traders can trade with USD.

2nd Best Crypto Trading bots in Canada: CryptoHero

CryptoHero is an automated trading bot which the traders can start running within minutes. Undoubtedly, one of the best bots for beginners. Traders can connect multiple exchanges. In addition, they can test their strategies and then trade the bot. Finally, the platform offers a free trial as well.

Binance Trading Bots: CryptoHero
CryptoHero

Features of CryptoHero

CryptoHero is an automated trading platform with trading bots. Given this, they offer features like:

  • Trade parameters
  • Long strategy
  • Short strategy
  • AI optimized Bots
  • Entry and exit Conditions
  • No coding skills required
  • Backtest strategies
  • Simulated paper trading

They further have supported technical indicators like:

  • Bollinger Bands
  •  Relative Strength Index
  • Exponential Moving Average
  • Stochastic RSI

Finally, they have a referral program as well.

CryptoHero Plans

The platform offers two kinds of plans other than the basic plan, which is free for all with limited functions. In addition, traders can choose from annual and monthly goals. However, the payments have to be made in USDT, and also, the payment has to be paid a year in advance.