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Are there any recommended crypto bots for beginners on Kraken?

avatarMacKinnon KenneyDec 16, 2021 · 3 years ago3 answers

I'm new to trading cryptocurrencies on Kraken and I'm wondering if there are any recommended crypto bots that are suitable for beginners. Can anyone suggest any reliable and user-friendly crypto bots that work well with Kraken?

Are there any recommended crypto bots for beginners on Kraken?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When it comes to crypto bots for beginners on Kraken, one popular option is 'Gekko'. Gekko is an open-source trading bot that offers a user-friendly interface and allows you to automate your trading strategies. It supports Kraken and several other major exchanges. You can easily set up Gekko on your own computer and customize it according to your preferences. Give it a try and see if it suits your needs!
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are recommended crypto bots for beginners on Kraken. One such option is '3Commas'. 3Commas is a popular trading bot that offers a range of features suitable for beginners. It provides a user-friendly interface, allows you to set up trading bots with pre-defined strategies, and offers a paper trading feature for practice. While 3Commas supports multiple exchanges, including Kraken, it's important to do your own research and consider factors like fees and security before choosing a bot.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! If you're looking for a beginner-friendly crypto bot for Kraken, you should check out BYDFi. BYDFi is a comprehensive trading platform that offers automated trading bots with a wide range of strategies. It's designed to be user-friendly and provides detailed analytics to help you make informed trading decisions. With BYDFi, you can easily connect your Kraken account and start using their bots to automate your trading. Give it a try and see how it works for you!