1.8 k views

A Better Way to Trade: Top 4 Crypto Trading Terminals 2020

While a lucrative investment opportunity, crypto trading can be draining. Yes! Some have been found glued on their screens round the clock. But like experts will tell you, working hard isn’t the deal. Working smart is!

Crypto trading terminals offer the most innovative way to trade cryptos. Terminals make your trading life easier by managing your portfolio, automatically executing trade opportunities, and keeping your trades in check 24/7. In short, terminals help you earn while you sleep.

This article draws the line between good and best and filters through available crypto trading terminals to bring you the top 4. 

But, first things first!

Defining Features of Top Crypto Trading Terminals

Reliability – Is the terminal reliable? Again, the best way to get the answer is to find what users say about their experiences using the platform.

Profitability – People trade for money, but when a terminal has evil fee plans and wrong strategies, you lose your investment.

Security – A terminal may give the best experience and help you with many profits. But what is the point if your earnings are vulnerable to theft? So again, secure storage and transaction are key.

Transparency – The whole point of cryptocurrency creation is transparency; your terminal should not shield this feature. Transparency creates trust that results in a serene trading environment. 

User-friendliness – You don’t want to go for something you can’t use after pumping all your money. That’s why top terminals offer demo accounts to let you have a taste beforehand.

Now you may be asking, is there any terminal with these features? Well, there are! And here are the best 5 for you:

Gekko

Gekko is an open-source crypto trading terminal available for download on GitHub. With over 2,000 monthly downloads, Gekko is among the most significant crypto GitHub projects. Gekko supports 9 crypto exchanges: Binance, Poloniex, GDAX, Kraken, Bitfinex, Bittrex, Coinfalcon, EXMO, and Luno.

Though Gekko has a friendly user experience, working with it requires technical expertise in app development, mostly seen as a developers’ tool. Besides, the terminal does not allow arbitrage opportunities.

Gekko unique features

Web interface – Gekko presents a web interface to help you monitor your positions and trade strategies.

Free – Gekko is free and compatible with Windows, Mac, and Linux. 

Backtesting – Provides possible results of your trade by comparing the trade with historical data.

3Commas

3Commas is a cryptocurrency trading terminal focusing on portfolio management and bot trading. It stands out as the best trading terminal for expert traders. Also, unlike other terminals, 3commas features short-term crypto trading strategies. 

The platform supports 12 exchanges: BitFinex, Coinbase, Bittrex, Gate, Huobi, Binance, Binance DEX, Bitstamp, Poloniex Kucoin, Bitmex, and Kraken. Its prices range from $29 – $99 a month.

Unique features of 3Commas

Many trading tools – 3Commas offers performance analytics, automated trading bots, backtesting tools, and a trader’s diary.

Mobile Apps – Thanks to 3Commas’ mobile application, which is available for Android and iOS, you can now monitor your portfolio anywhere at any time.

Functionality – 3Comma’s detailed user interface enables traders to set take profits and stop losses. 

Cryptohopper

Cryptohopper is a crypto trading terminal with copy trading and an automated bot. Copy trading is a policy that allows newbies to copy experienced traders’ strategies. With Cryptohopper, you can automate almost every aspect of your portfolio. 

Currently, 12 Global Exchanges are supported, i.e., Huobi, HitBTC, Binance, Bitvavo, KuCoin, Poloniex, OKEX, Bittrex, Kraken, Coinbase Pro, and Bitfinex. In addition, Cryptohopper offers a free pioneer account and other premium accounts, ranging from $16.58 to $83.25 per month. 

Other unique features of Cryptohopper include an easy-to-set dashboard and an external signal tool to help traders subscribe to global expert analysts.

CryptoTrader

Cryptotrader is a cloud-based algorithmic crypto trading terminal. The terminal helps traders simplify the trading process and make more profits without limitations on experience. Its adoption of cloud computing makes it stand out. In addition, the instant notifications and fast execution of trade opportunities make it stand out. 

The pricing ranges from 0.0009 to 0.0206 bitcoins per month. In addition, CryptoTrader supports multiple crypto exchanges, including BitFinex, Poloniex, Bitstamp, Coinbase, Kraken, Bittrex, Kcoin, Binance, and Huobi.

Unique features of Cryptotrader are cloud-automated trading bots, support for major crypto exchanges, Strategies Marketplace, Backtesting, Instant alerts & notifications.

Bottomline

Trading online can be different from traditional trading. For online trading, there is no spare time. Markets are always running. For example, crypto markets are open 24/7. This makes tracking your portfolio time-consuming, particularly if you’re a manual trader. This makes it even harder if you own different accounts with different exchanges. 

Fortunately, there is a better way to manage your accounts. Trading terminals bring all your accounts into one place and automate the process. This not only saves you time but also helps you in avoiding losses. 

Bitcoin live price
Btc
Bitcoin
$44.475
price
2.51216%
price change
TRADE NOW

You must have noticed many crypto trading terminals today if you have researched well. But, if you follow the above extract, you can better develop an ultimate trading strategy that can help you realize your investment dream.

Stay up to date with our latest articles

More posts

The 2024 Guide to Top 11 Crypto Marketing Agencies

Understand the Importance of Crypto Marketing Agencies In the dynamic world of digital currency, understanding and leveraging the power of specialized marketing is pivotal. As cryptocurrencies, NFTs, and blockchain technologies reshape our financial landscape, partnering with a proficient crypto marketing agency can be a game-changer for projects aiming for prominence. This is especially true in 2024, as the industry becomes more competitive. Let's delve into what makes these agencies indispensable. Tips for Choosing the Right Crypto Marketing Agency When exploring…

Why SolidProof Stands Out in the Blockchain Security Landscape

SolidProof - a registered security company from Germany - has announced the imminent release of an updated version of its SolidProof Automated Audit Tool (SAAT). This unique blockchain industry product supports decentralized finance (DeFi) growth, enabling projects to minimize security threats. An upgraded SolidProof App is also ready to roll out with new and exciting features, cementing SolidProof’s place in the top tier of blockchain security providers. Increased Challenges for DeFi Security Decentralized finance has evolved on top of blockchain…

Top 5 Crypto Gaming Tokens to Buy for the Next Bull Run

Crypto gaming is one of the fastest-developing sectors of the blockchain industry. In 2023, it is estimated at $7.89 billion and is forecasted to reach over $300 billion by 2030. Some see it as the next ship to onboard for lucrative long-term investments. And after a closer look at it, we can easily understand why. The strength of the crypto gaming market lies at the crossroads of several technological advances, including blockchain, cryptocurrencies, and the Metaverse. Including new economic models,…

Top 3 Crypto Casinos in 2023

Playing at crypto casinos is a widespread practice in 2023. These online platforms feature all the classic casino games, like poker, Roulette, and Blackjack, besides modern interactive slots and sports betting. Players worldwide can make crypto deposits in Bitcoin, Ethereum, and other popular cryptocurrencies for the chance to win substantial jackpots, bonuses, and rewards. If you are wondering how to choose a crypto casino, you have come to the right place. We selected three of the top crypto casinos this…

Using Open-Source Protocols for Developing Scalable Solutions on Blockchain

Blockchain technology's safe, transparent, and decentralized transaction platform might transform several sectors. However, building scalable blockchain solutions can be a challenging task.  This short guide will explore how to leverage open-source protocols to develop scalable blockchain solutions. The article aims to make it easier for developers to plan the realization of robust and secure blockchain applications.  Understanding Open-Source Protocols Open-source protocols, such as Ethereum and Hyperledger Fabric, come from organizations and are available for anyone to code for free. Unlike…

How to Leverage Arbitrage Opportunities in Crypto Markets

Cryptocurrency arbitrage has become an increasingly popular investment strategy as the crypto market grows and evolves. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit.  Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. In this guide, we'll explore cryptocurrency arbitrage and how it works. A Bitcoin-related example will help us illustrate the concepts of this strategy. What is Arbitrage and How Does it Work in Crypto Markets Crypto arbitrage trading is…

The Different Types of Copy Trading in Crypto

Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process? Copy trading is a great way to get into crypto without needing to be an experienced trader. With copy trading, investors can benefit from the experience and knowledge of more experienced traders, allowing even beginners to succeed. How does copy trading work, and which tips do you need to know to succeed? In this article, we'll explore all aspects of copy trading in crypto. What…

How to Spot an Unsafe Crypto Exchange

Cryptocurrency exchanges have become increasingly popular as they provide a platform for people to buy and sell digital assets. Unfortunately, not all crypto exchanges are safe or reliable.  With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.  The Role of Crypto Exchanges on the Digital Assets Market Cryptocurrency exchanges play a crucial role in…

A Guide to the Impact of US Fed’s Interest Rates on Crypto

The US Federal Reserve's interest rate is one of the world's most influential economic indicators. These rates profoundly affect global markets and investments.  But what impact does this have on cryptocurrencies? Today, we’ll explore how Fed interest rate changes affect crypto prices and why traders need to pay attention to them. We will also discuss how quickly these rates are increasing and what this means for cryptocurrency investors.  Observing the connection between US Fed rates and crypto assets allows you…

Unveiling the ERC-4337 Account Abstraction Standard – What You Should Know

The Ethereum blockchain is always changing and adding new features to make it easier to use. One of the latest developments is the introduction of ERC-4337. This account abstraction standard promises to revolutionize how users interact with Ethereum. This guide will tell you about ERC-4337. We'll explain what it is, how it works, and the good and bad things about it. We'll also talk about why you should use this new standard for smart contracts. By the end of this…