Managing every aspect of your cryptocurrency trading strategy can be overwhelming. If you need to be online night and day to trade, execute precise orders, analyze the market, and manually implement the strategy you’ve developed, you’re going to have a nightmare trading cryptocurrency.

Trading crypto is not the same as trading on traditional exchanges. The cryptocurrency markets never take a break. Exchanges are executing trades 24/7.

To sleep soundly, most cryptocurrency investors employ the services of trading bots. These trading bots can automate a strategy without emotion. Every trade is precisely calculated and predetermined by the conditions you define.

Although the concept sounds simple, there are a large variety of services that provide automated trading bots. Some focus on technical indicators, day trading, and scripting, while others focus on simple portfolio management techniques.

We will break down the 5 best cryptocurrency trading bots that can help you simplify the way you manage your portfolio. Each of these trading bots has a unique purpose that can help you clearly organize your strategy in a way that works best for you.