Crypto Arbitrage Bots: A Review and Ranking
Nowadays, no one manually searches for crypto spreads anymore; everyone uses bots for cryptocurrency arbitrage. There are two types of arbitrage bots: automatic and manual. What are the differences?
ArbitrageScanner.io
ArbitrageScanner is ranked number one for cryptocurrency arbitrage scanning with a rating of 4.8.
- Security: 5/5 – No API access is required, eliminating possible risks.
- User reviews: 5/5 – Positive reviews from users and news resources.
- Functionality: 5/5 – Accurate scanner with a screener for cryptocurrency arbitrage.
- Prices: 4/5 – Tariffs range from $70 to $399 with additional features.
- Additional features: 5/5 – Closed chat, educational materials, screener, profitability calculator, and Telegram Scanner.
3Commas
3Commas is ranked second with a rating of 4.2.
- Security: 4/5 – Uses APIs, posing a security threat.
- User reviews: 4/5 – Generally good, but delayed support response.
- Functionality: 4/5 – Limited inter-exchange arbitrage and no support for DEX exchanges.
- Prices: 5/5 – Offers a 7-day free trial and competitive tariff prices.
- Additional features: 4/5 – Multiple bots for manual and automatic trading, demo account, and portfolio rebalancer.
Bitsgap
Bitsgap is ranked third with a rating of 3.6.
- Security: 4/5 – Reports of missing funds.
- User reviews: 3/5 – Mixed reviews with complaints about poor support and delayed bot performance.
- Functionality: 4/5 – Supports 15 CEX exchanges but lacks DEX exchanges.
- Prices: 5/5 – Tariffs range from $23 to $119 with minimal differences.
- Additional features: 2/5 – Offers an arbitrage profitability blog and knowledge base.
Coinrule
Coinrule is ranked fourth with a rating of 3.4.
- Security: 2/5 – Uses API, posing security risks.
- User reviews: 3/5 – Mixed reviews with complaints about delayed bot performance and missing funds.
- Functionality: 4/5 – Supports 10 CEX exchanges.
- Prices: 5/5 – Tariffs range from $23 to $119 with minimal differences.
- Additional features: 2/5 – Limited additional functionality with an arbitrage profitability blog and knowledge base.
Hot Take
ArbitrageScanner.io is the top choice for crypto arbitrage bots, offering excellent security, positive user reviews, extensive functionality, competitive prices, and a range of additional features. While 3Commas, Bitsgap, and Coinrule have their strengths, they fall short in certain areas, such as security and additional features. When choosing an arbitrage bot, it’s crucial to prioritize security and consider the specific features and functionality that best suit your trading needs.
By
By
By
By
By
By