In this article, we’ll talk in-depth about the best crypto DCA bots and which platforms provide you with the complete package.
Trading bots is a solution that performs the job perfectly; why’s that? Well, bots work 24/7 without any pauses. Also, they’re disciplined, and they follow your orders strictly. But does setting up a trading bot require a coding background? Not. All automated trading platforms made creating bots easy for any novice trader to set up.
On setting up your trading bot, you need to choose which strategy you want your bot to follow. Many designs are available, such as scalping, DCA, etc.
Also Read: 5 Best Crypto Scalping Bots.
Table of Contents
What’s the DCA Trading Strategy?
Dollar-cost averaging (DCA) is an efficient investment strategy in which an investor divides up the total amount to be invested across periodic purchases of an asset to decrease the impact of volatility on the overall purchase. The purchases happen regardless of the asset’s price and at regular intervals. In effect, this strategy removes lots of the detailed work of attempting to time the market to purchase assets at the best prices.
The DCA bot will purchase your crypto at the regularity you specify. This will happen as frequently as you select; it’s up to you what you go with. It will do this without getting bored, strictly so you don’t have to.
Best DCA Bots.
1- Cryptohopper.
All crypto traders trust Cryptohopper due to the platform’s efficiency and intelligent bots. Plans start with a free project and three other programs that start at $19.0 up to $99.0 per month.
Cryptohopper
Manage all your exchange accounts, use market-making and exchange/market arbitrage, and simulate or backtest your trading.
- Supported on most major exchanges.
- Easy to set up and use.
- mobile app includes advanced security features.
- Pay for extra signals.
- Must purchase a monthly plan to access most useful features.
- Arbitrage
- Algorithm Intelligence (A.I.)
- Strategy Designer
- Backtesting
- Shorting
- Dollar Cost Averaging (DCA)
- Paper Trading
- Mirror Trading
- Portfolio Management
On Cryptohopper, you can shop on the marketplace for tens of premade strategies, and there are many premade DCA strategies. Also, you can backtest strategies to determine how they would perform on previous market moves.
Cryptohopper allows you to copy other traders, a fantastic feature for novice traders looking for a fixed profit.
2- 3Commas.
It comes with unique plan pricing, starting at $29 up to $99 with a free plan.
3Commas
Smart tools for cryptocurrency investors to minimize risks, limit losses and grow profit across multiple exchanges.
- Has a mobile app.
- Lots of features.
- Copy trading.
- Variety in bots
- Responsive interface.
- Unfortunately, you have to pay a subscription in order to receive signals.
- Portfolio Tracking
- Trading Terminal ‘SmartTrade’.
- Variety of bots.
- Trading School.
- Paper Trading
- Copy Trading (Social Trading).
Create DCA bots on 3Commas by clicking “DCA Bot” on the left menu. 3Commas also offers you premade trading bots that you can copy and edit.
There are many other features that 3Commas offers, such as various trading strategies, paper trading, and more, that you can use once you sign up on the platform.
3- HaasOnline.
HaasOnline is one of the world’s most advanced automated crypto trading bots. The platform’s primary purpose is to provide a way of making fast, reliable, and profitable deals across all of the supported exchanges.
HaasOnline
HaasOnline is one of the world’s most advanced automated crypto trading bots. The platform’s primary purpose is to provide a way of making fast, reliable, and profitable deals across all of the supported exchanges.
- Very powerful.
- Supports top exchanges.
- Detailed Documentation.
- Payments only in BTC.
- It can be hard at first sight.
- No mobile app
- Highly Configurable.
- Backtestable Strategies
- Simulated Paper Trading
- Minimal Configuration
- Notifications & Reporting
- Developer Ready
- A highly flexible crypto trading bot
- Pre-built crypto trading bots
You can use the HaasOnline accumulation bot to increase or decrease your position in specific markets automatically. This trading strategy will execute market orders and randomize the order size and time between charges to mask your work or to get in the post “dollar-cost-average”-style.
4- WunderTrading.
The platform provides four different plans, including a free one. Prices range from $9.95 to $44.95, and you can get a %50 discount if you pay annually.
Wundertrading
WunderTrading allows you to start trading and investing in crypto seamlessly. Copy traders, trade using the advanced trading terminal, or create a fully automated trading bot using TradingView.
- Many traders available to copy
- Multiple accounts management
- New features coming soon
- Creating a trading requires a Tradingview experience
- Some major exchanges are still not supported yet
- Crypto Signal Marketplace.
- Crypto Trading Bot.
- Exit All.
- Smart Trading.
- Dollar-Cost Averaging (DCA).
- Crypto Portfolio Tracker.
- Arbitrage Тrading.
You can easily create a DCA trading bot on WunderTrading. Also, there are many DCA parameters that you can edit, like DCA order count, DCA order price deviation, and more.
If you’re unfamiliar with such settings, you can always go for premade bots on WunderTrading’s marketplace, which has hundreds of working bots.
5- Pionex.
Pionex is a leading cryptocurrency automated trading platform. You can start using Pionex for free; the venue charges only 0.05% on your trades.
Pionex
Pionex is one of the world’s 1st exchange platforms with 18 Free trading bots. Users can automate their trading 24/7 without always checking the markets.
- User-friendly
- Avaliable on all devices
- Free to use
- Low fees
- Over 16 bots avaliable.
- You can’t connect Pionex to your exchange through an API key.
- Grid Bot.
- Rebalancing Bot.
- BTC/ETH Moon.
- Reverse GRID.
- Infinity GRIDs.
- Very low fees.
Only with Pionex you will get access to over 16 trading bots. And Pionex’s DCA bot is one of the most efficient trading bots.
6- Quadency.
Quadeny plans to fit different needs, free, Pro for $49.00, and if you want to go with the complete package, you can go with the Unlimited plan for $99.00 per month.
Quadency
A fresh approach to crypto with an all-exchanges-in-one trading platform. Quadency is an-all in one crypto trading platform with a range of pro trading tools designed for traders of every skill level.
- All-in-one crypto trading platform.
- Automated trading bots.
- Visual portfolio manager.
- No mobile trading app.
- Dashboard.
- Backtest.
- Portfolio.
- Automated Bots.
Quadency offers over ten various bots, not to mention the platform’s ease of use. You can also benefit from many more features that Quadency offers, such as portfolio management, backtesting, and more.
The accumulator bot uses the DCA strategy. And if you’re familiar with setting up a bot, you can always find a premade bot and backtest the bot.
7- Zignaly.
Surprisingly, Zignaly is a free platform with no paid plans. Also, they don’t take any fees on your trades. However, you might need to pay for signals provided by other traders.
Zignaly
Free To Use, 100% Delegated, and Performance-Based, by copying expert traders under the profit-sharing model.
- Very easy to use with a simple interface.
- Free to use.
- a lot of experts available on Copy-trader feature.
- No mobile app.
- Less features than its competitors.
- Few lists of supported exchanges.
- Trading Terminal.
- Copy Trading.
- Trading Bot.
On Zignaly, you can copy traders or signals that use the DCA strategy. There are also many other features like a trading terminal supported by trading view, portfolio manager, etc.
Know that you can view traders’ previous trading history, profits, and losses.
8- Tradesanta.
We are starting at $14/month up to $30/month. Unluckily, TradeSanta doesn’t have a free plan, and we think the procedures are very reasonable.
TradeSanta
TradeSanta requires a paid subscription, which includes free trials. Setting your bot on TradeSanta doesn’t require coding.
- Supports manual trading.
- Huge bots customizations.
- Has a mobile app.
- Simple and responsive interface.
- No demo trading.
- No social trading.
- Long and Short Strategies.
- Take Profit Targets.
- Technical Indicators.
- Large Volume Trading.
- Bot Templates.
- Real-time Tracking.
You can easily create your first DCA bot on TradeSanta by clicking “DCA bots” on the left menu of the dashboard. You can launch a bot in less than 5 minutes as TradeSanta offers various pre-built bot templates. Or you can build your adjusted strategy from scratch.
DCA in a Word.
The best thing about the DCA trading strategy is that it saves time. There’s no need to be overly concerned about the market and what’s happening because your only concern is whether you think it will increase over time.
Finally, we’d love to hear from you in the comments section below; share your thoughts with us, and we’ll reply.
