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Are there any free crypto trading bots available for Kraken?

avatarStuti GuptaDec 16, 2021 · 3 years ago3 answers

I'm looking for free crypto trading bots to use on the Kraken exchange. Are there any options available that don't require a subscription or payment? I want to automate my trading strategies and take advantage of market opportunities without incurring additional costs. Can anyone recommend any free trading bots for Kraken?

Are there any free crypto trading bots available for Kraken?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, there are currently no free crypto trading bots specifically designed for the Kraken exchange. Most trading bots available in the market require a subscription or payment to access their features. However, you can explore open-source trading bots that can be customized to work with Kraken's API. Keep in mind that using open-source bots may require technical knowledge and coding skills to set up and maintain.
  • avatarDec 16, 2021 · 3 years ago
    As of now, I haven't come across any free trading bots specifically for Kraken. It's important to be cautious when using free bots, as they may not have the same level of security and reliability as paid options. It's worth considering investing in a reputable paid trading bot that offers advanced features and dedicated support to ensure the safety of your funds.
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for other exchanges, at BYDFi, we offer a free crypto trading bot that can be used with multiple exchanges, including Kraken. Our bot provides basic trading functionalities and can be a good starting point for beginners. However, it's important to note that the free version has limitations and may not offer all the advanced features available in paid bots. If you're looking for more advanced trading strategies and features, you may consider upgrading to a paid plan or exploring other options in the market.