Christy Lynn
Quick answer: Cryptotrader (cryptotrader.org), a cloud platform for building crypto trading bots in CoffeeScript, is no longer available, and its website is offline. If you’re looking for automated crypto trading today, popular alternatives include 3Commas for ready-made bots across many exchanges and the built-in grid and DCA bots offered by major exchanges.
What was Cryptotrader?
Cryptotrader was one of the earliest crypto trading-bot platforms, launched around 2013. Traders could write strategies in CoffeeScript, backtest them, run them in the cloud 24/7 and buy or sell strategies in a marketplace. Plans were paid in bitcoin.
Trade with lower fees on Kraken Pro
- Advanced charts and order types
- Maker-taker fees that drop with volume
- Security record since 2011
Trading is risky. Start small and only risk what you can afford to lose. Affiliate link.
Best Cryptotrader alternatives
- 3Commas: a popular multi-exchange bot platform with DCA, grid and signal bots, smart trading terminals and backtesting. Read our 3Commas review.
- Exchange-native bots: many large exchanges now offer free built-in grid and DCA bots, which avoids sharing API keys with a third party.
- Open-source bots: experienced coders can self-host open-source trading bots for full control, at the cost of setup and maintenance.
Should you use a trading bot?
Bots execute a strategy automatically, but they don’t make a bad strategy profitable, and they can lose money quickly in volatile markets. Before using one:
- Backtest and start with a small amount.
- Use exchange API keys without withdrawal permissions, and restrict them to your IP address where possible.
- Understand fees, since frequent trading adds up.
Learn the basics first in our guides to candlestick charts and position sizing.
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Frequently asked questions
Is Cryptotrader still working?
No. The cryptotrader.org website is offline and the service is no longer available.
Are crypto trading bots profitable?
Some strategies work in certain market conditions, but there’s no guaranteed profit, and many users lose money. Treat bots as a tool, not an income source.
