Best Ethereum Classic Trading Bots to Use

What is Ethereum Classic? 

Ethereum Classic (ETC) is the fork of Ethereum, meaning that at some moment the Ethereum community has been divided — Ethereum Classic still follows the project’s initial logic, while Ethereum adjusted it slightly to become something new.

Both assets are being actively traded on major centralized exchanges like Binance, Coinbase, and more. However, the demand for ETC is significantly lower. 

However, the cryptocurrency and blockchain landscape is highly dynamic, and there may have been significant developments or changes related to Ethereum Classic since then. To understand the current state of Ethereum Classic in 2023, including its technology, community, market position, and any recent updates or events we recommend you check this article

Ethereum Classic (ETC) Trading

Trading Ethereum Classic (ETC) in 2023 involves participating in the buying and selling of ETC tokens on cryptocurrency exchanges. Ethereum Classic is one of the major crypto assets you can trade for profits. Along with other high-cap cryptos like Bitcoin, Ethereum, and Solana, ETC has a substantial market exposure worth almost $5 billion. Even though such a big exposure makes this asset potentially less volatile compared to smaller caps, you can win from Ethereum classic trading over the long run, especially if you pick a reliable trading bot and set rules in accordance with the Ethereum Classic coin. 

Ethereum Classic Exchanges

In 2023, Ethereum Classic, with a market value approaching $5 billion, enjoys widespread availability, being listed on over 238 cryptocurrency exchanges at the time of writing. Prominent exchanges such as Binance, Coinbase, KuCoin, Gate.io, Kraken, Huobi, Poloniex, and numerous others offer traders the opportunity to engage in Ethereum Classic trading.

Regardless of your preferred exchange, it's highly likely that Ethereum Classic is readily accessible for trading. This widespread availability provides traders with ample opportunities to capitalize on the asset's price movements. For those seeking to optimize their trading experience and potentially increase their earnings, employing an automated trading bot is a compelling option when dealing with assets like Ethereum Classic (ETC).

Why Ethereum Classic Bot?

Ethereum is an open-source blockchain with thousands of dApps integrated, maintained and developed daily. So the chain drives extraordinary demand for the native asset — Ethereum (ETH). But why go all the way up to a classy one?

The upcoming Ethereum switch implies switching from Proof-of-Work (1.0) to Proof-of-Stake (2.0), but thousands of miners will still have their rigs on hand. Where would they go once their mining rigs are useless for Ethereum? 

One of the potential options would be ETC. Moreover, if you check which funds have invested in the asset, you might be surprised. Big monies won’t stay unnoticed forever, meaning ETC might be a good trading option for quite a while. 

Even though Ethereum Classic’s demand is several fold lower compared to its big brother ETH, the overall market capitalization floats around an impressive $3 billion. At the moment of writing, ETC is trading 85% down from its all-time-high.

Trading ETC on the crypto exchange market might provide several opportunities to make money. However, the crypto market is highly volatile and you need to either keep a close eye on your screen or use some of the best ethereum classic trading bots. 

Best Ethereum Classic Trading Bots

You might want to automate your crypto trading and presume these bots are only for the professional traders or math geniuses. However, crypto trading bots are available for all traders regardless of your level of expertise.

Ethereum trading bot is a trading software that automatically trades crypto according to specific logic rules. How do you make money on it, though? First off, you need a reliable software provider and its ETC trading bots.

Searching for the best trading bot to use might feel overwhelming. Especially when the market is flooded with poor designs, lack of features, and limited functions. How do you spot the best trading bot to use for your Ethereum Classic trading? This section will describe both free & paid trading bots and highlight each of their features to help you decide which one is a fit.

3Commas

3Commas in 2023 has evolved into a cutting-edge, cloud-based cryptocurrency trading platform with an intuitive design, making it exceptionally user-friendly for those looking to create and deploy their automated trading bots. While it has garnered a reputation as a professional-grade tool, even newcomers to the world of crypto trading can seamlessly navigate the platform. The year 2023 sees 3Commas offering an even smoother learning curve and an abundance of educational content to empower and support its growing community.

One of the standout features of 3Commas in 2023 is its CopyTrading Bot, which caters to both novices and experienced traders alike. Beginners have the opportunity to follow seasoned traders and replicate their proven strategies, while advanced traders can dive into a plethora of tools and customize their own unique trading strategies to maximize profitability.

The introduction of a backtesting feature within the 3Commas trading terminal is a game-changer for traders. This feature allows users to simulate their trading strategies based on historical data, providing invaluable insights into how these strategies would have performed in real-world scenarios.

Risk management is paramount in cryptocurrency trading, and 3Commas addresses this concern effectively with features like Take Profit, Stop Loss, and Trailing Stop Loss. These features have attracted a thriving user base of up to 220,000 traders globally, significantly reducing the risk of capital loss for each participant.

In 2023, 3Commas continues to expand its reach by offering connectivity to 16 major cryptocurrency exchanges through API keys. Notable exchanges like HitBTC and Binance are seamlessly integrated into the platform, allowing traders to access a wide range of trading pairs and liquidity.

In summary, 3Commas in 2023 has cemented its position as a user-friendly, feature-rich platform that caters to traders of all levels of expertise. Its commitment to education, risk management, and innovation makes it a standout choice for those navigating the dynamic world of cryptocurrency trading.

HaasOnline

HaasOnline is a trading bot that offers automated trading options with its highly configurable trade bots, premade trading bots, or the ones built using HaasScript.

Haasonline provides seamless integration with popular exchanges, including Binance, Bitfinex, Coinbase Pro, Bittrex, Bitstamp, Gemini, Kraken, OKEX, and more. It also offers unlimited trades and minimal trade fees depending on the connected exchange. 

All its bots are friendly for beginners seeking to automate their ETC trading and offer paper trading to test things out before going live. However, HaasOnline pricing is unreasonably high, meaning you need to be financially buoyant to use this bot.

Moreover It doesn’t provide a free trial and guarantee anything. The pricing options range from 0.025 BTC for beginners to an Advanced plan going for 0.072 BTC. Both types provide you with 3-month access, but you can add up more BTC to get a discounted price for six month or even more.

CryptoTrader

CryptoTrader is a cloud-hosted, fully automated bot that analyzes the market and maximizes profit-making opportunities. It's user-friendly and hence suitable for both beginners and hard-end traders. 

The platform currently supports various exchanges like HitBTC, Bitstamp, Poloniex, Huobi, OKCoin, Kraken, Bitfinex, Binance, Coinbase, and more. 

Even though all users get a 7-day trial of the basic plan, the plan is not the same as the actual basic plan. Some features like backtesting and paper trading might not always be accessible. 

The price is fairly low compared to other one-time offers the market has. It’s quite notable that CryptoTrader doesn't charge transaction fees. On the other hand, It only offers unlimited access to its features as long as you have made the minimum deposit worth $275. 

BTC Robot

BTC Robot is a fully-automated bot that uses unique algorithms to trade on your behalf. As a result, it sources profit-making opportunities and reduces potential losses. 

The platform features a minimalistic user interface, including advanced GUI tools powering the dashboard, one-click money withdrawal, and easy API connection to any major exchange, including Binance, Coinbase, Kraken, and BitMart.

The platform has an active customer support team working around the clock to offer optimal service. They are ready to assist you if you have any issues or a possible bot-related question. You can also benefit from a free demo account and a lack of registration fees. However, you need to pay a minimum charge of about $275 to join the fully-fledged support and enjoy all the functions.

Unlike the previous bot, If you have made a return and want to withdraw your funds, BTC Robot makes it easy with its one-click system. In most cases, the money will land in your account somewhere around three days once the request is made.