7 Best Crypto Trading Bots In Australia

Here’s something you may not realize: the crypto trading bot you choose matters. Your choice will impact how profitable your trades are, not to mention the number of crypto exchanges you're able to integrate with.

So if you’re looking for a safe and secure Australian trading bot that’s been tried and tested by thousands of users, you’ve come to the right place. I’ve been investing in crypto for over 8 years now, and I make tweaks to the list below almost every day.

Without further ado here's my list of the best crypto trading bots Australia has to offer.

1. KuCoin

KuCoin is a cryptocurrency exchange that began operations in Hong Kong in 2017 and bills itself as “The People’s Exchange.” KuCoin Trading Bots are free to use for KuCoin users, and some of the most popular are the Spot Grid, Futures Grid, and Smart Rebalance bots.

KuCoin’s main objective is to offer a simple and secure platform for crypto investors, and it has been a success: in just five years it has attracted over 8 million users. Besides buying and selling crypto, KuCoin supports margins, futures, and P2P trading.

New KuCoin users receive a $10 sign-up bonus, and if you’re willing to freeze your crypto for a short period you can earn up to 10% in interest. KuCoin takes security seriously, with features like multi-factor authentication, encryption, and an additional trading password.

Features

• Users can also get trading fee discounts based on their KuCoin Token (KCS) balance.
• KuCoin Trading Bots, invest on autopilot using Dollar-Cost Averaging (DCA)
• Supports market, limit, stop-limit, and stop-market order types
• Crypto Staking, earn up to 10% interest
• Supports 600+ cryptocurrencies
• Margin Trading

Cost

• Crypto Trading Bot Fees: Free
• Trading Fees: From 0.0125% to 0.1%
• Makers Fees: From 0.0125% to 0.1%
• Takers Fees: From 0.0125% to 0.1%
• Deposit Fees: Free
• Withdrawal Fees: Depends on the coin (For BTC: 0.0005 BTC)

Signup Bonus

$10 signup bonus

Best For

Investors looking for a very secure platform, different market tools, and trading bots.

2. TradeSanta

TradeSanta is an automated crypto trading bot platform where you can create and run your own bots – all you have to do is link your crypto exchange using API keys. It is compatible with 9+ of the largest exchanges, including Binance, OKX, and Huobi, and it's available on mobile devices, both Android and iOS.

TradeSanta offers many tools for bot developers, including Bot Templates and a Demo Environment. Additionally, developers can monetize their bots on the Bot Marketplace or through Mirror Trading, which allows users to copy strategies from more experienced investors. 

Some of the most popular markets are spot and futures trading, and TradeSanta offers leverage trading for both. TradeSanta uses Two-Factor Authentication (2FA), and relies on APIs to synchronize with your exchange – rest assured, at no point will your funds leave your exchange.

Features

• Leverage trading (Spot and Futures trading)
• Mobile app available on Android and iOS
• Compatible with 9+ crypto exchanges
• Bot marketplace
• Mirror Trading

Cost

• Trading Fees: N/A 
• Basic Plan (up to 45 bots): $15/mo
• Advanced Plan (up to 99 bots): $27/mo
• Maximum Plan  (unlimited bots): $35/mo

Signup Bonus

20% discount on all plans

Best For

Investors looking for top-level security and bot developers looking to monetize their bots.

3. Shrimpy

Launched in 2018, Shrimpy is a very complete financial portfolio-management solution. It is compatible with over 30+ crypto exchanges, including Binance, Bittrex and Coinbase, and 13 wallets, including 1inch Wallet, Coinomi, and the Huobi Wallet.

Shrimpy was one of the first to bring Indexing and Portfolio Rebalancing to the crypto world, and all Shrimpy users have access to it. Additionally, there’s a portfolio Backtest environment and a Copy Trading feature. Indexing is also available, to automatically rebalance using different parameters.

Shrimpy also keeps track and manages all your portfolios, and keeps it organized in one place – the Shrimpy Dashboard. In terms of security, your API key is securely encrypted and stored using FIPS 140-2 and validated hardware security modules.

Features

• Compatible with 30 exchanges and 13 wallets
• Automatic portfolio rebalancing
• FIPS 140-2 Encryption
• Portfolio Backtest
• Indexing tools
• Copy Trading

Cost

• Trading Fees: N/A 
• Starter Plan (connect 5 exchange accounts): $15/mo
• Professional Plan (connect 10 exchange accounts): $63/mo
• Enterprise Plan (connect 25 exchange accounts): $299/mo

Signup Bonus

30% off trading fees

Best For

Investors looking for a complete DeFi service with top-level security and portfolio-management services.

4. Trality

Launched in 2019, Trality is an algorithmic trading platform for coding trading bots. It is compatible with Binance, Coinbase, Kraken, and Bitpanda, and in just two years, it reached an average daily trading volume of $10 million. 

Trality allows users to create their own trading bots and even monetize them in a Marketplace. Users can create their own bots using the Code Editor, a web-based Python protocol for programmers, and the Rule Builder, a protocol of predefined rules and indicators that users can use to build a bot – no programming required. 

Trality offers 4 plans ranging from €9.99 to €59.99/mo, each offering from 1 to 10 customized bots. Trality is secured with Multi-Factor Authentication (MFA), and your funds are never held on Trality – in fact, they never leave your exchange; Trality just uses APIs to execute orders for you.

Features

• Bot Creation Tools: Rule Builder (No programming)
• Bot Creation Tools: Code Editor (Python)
• 100+ Technical indicators
• Bot Marketplace
• Cloud-based platform
• Advanced tools: Backtesting
• Compatible with 4 crypto exchanges

Cost

• Trading Fees: N/A
• Pawn Plan (1 rented bot, 1 customized bot): Free 
• Knight Plan (1 rented bot, 2 customized bots): €9.99/mo
• Rook Plan (1 rented bot, 5 customized bots): €39.99/mo 
• Queen Plan (1 rented bot, 10 customized bots): €59.99/mo

Best For

Experienced investors with some background in programming languages like Python.

5. Pionex

Pionex is a Singapore-based crypto exchange renowned for its innovative work with crypto trading bots. Founded in 2019, Pionex supports 346 different cryptocurrencies and 16 unique trading bots, including Stop Limit, Dollar Cost Averaging, and Grid Trading Bots; all bots are completely free to use.

Pionex’s trading fees are some of the lowest out there, starting at just 0.05% of each trade. Crypto deposits are free, and new Pionex users can get up to 20% off trading fees and gain access to the Grid Bot insurance fund by signing up.

Pionex has partnered with Binance and some of the largest crypto security platforms in the world, including Sumsub and Simplex. It averages 100 million trades per day, and it was the first exchange to be granted FinCEN’s Money Service Business License in the US.  

Features

• Supports 346 cryptocurrencies
• 16 free crypto trading bots
• Available in 100 countries
• Android and iOS app
• Leverage trading
• Two-Factor Authentication (2FA)

Cost

• Trading Bot Fees: Free
• Trading Fees: 0.05%
• Crypto Deposits: Free
• Credit Card Deposits (In Europe): 3.5%
• Credit Card Deposits (Outside Europe): 4.5%
• Withdrawal Fee: Depends on the crypto (0.0005 BTC for Bitcoin)

Signup Bonus

20% off trading fees

Best For

New or experienced investors looking for a methodical, numbers-based, hands-off approach to investing.

6. CryptoHopper

Launched in 2017, Cryptohopper is a Fintech company and crypto trading bot provider. It works as an extension of some of the largest crypto exchanges, including Binance, Huobi, and Kraken, and it merges seamlessly with the interfaces of a total of 9 crypto exchanges.

Cryptohopper provides highly customizable trading bots, and it doesn’t charge any trading fees; instead, it uses a subscription-based model. Cryptohopper’s plans range from $15 to $85, and monthly open positions – or trades – range from 20 to 500, depending on the plan.

Cryptohopper supports 75 cryptocurrencies across 9 exchanges, and it is regulated by Cyprus-based CySEC. Some of Cryptohopper’s best features include Copy Trading, used to copy the portfolios of successful traders, a demo account, and a 7-day full free trial of the Explorers plan.

Features

• Compatible with 9 crypto exchanges
• Supports 75 cryptocurrencies
• Copy Trading
• Test Environment
• 130+ Premade strategies
• Advanced tools: Backtesting & Arbitrage
• Customizable Strategies and Market Signals
• Supports Trailing Stop Loss, Stop Buy and Stop Short

Cost

• Trading Fees: N/A 
• Pioneer Plan (20 open positions, 0 triggers): Free 
• Explorers Plan (60 open positions, 2 triggers): $16.58 
• Adventurer Plan (200 open positions, 5 triggers): $41.58
• Hero Plan Plus (500 open positions, 10 triggers): $83.25 

Signup Bonus

10%-15% off trading fees

Best For

New or experienced investors looking for highly customizable trading bots.

7. Coinrule

Coinrule is a cryptocurrency trading bot that was launched in 2018. It was created to allow investors to develop and test automated trading methods to capitalize on market opportunities.

The bot grants users access to over 150 different automated trading templates, and it also allows you to program triggers so that the bot takes action whenever certain market changes occur. The software is also programmed to manage volatility in a way that maximizes earnings.

The bot is free to use through its Starter package, which lets you create up to two live rules, two demo rules, seven template strategies, and connects to one exchange of your choice. 3 paid programs are also available: the Hobbyist plan costs $29.99 per month, the Trader plan costs $59.99 per month, and the Pro plan costs $499.99 per month.

Features

• Great customer service.
• Several pricing plans with constant promotions.
• More than 150 templates to choose from.

Cost

• Starter Package cost: Free
• Hobbyist Package cost: $29.99 per month
• Trader Package cost: $59.99 per month
• Pro Package cost: $499.99 per month

Best For

Investors who want to take advantage of market opportunities with automated trading.

What To Look For In The Best Crypto Trading Bots In Australia

The most important factors to consider when searching for the best Crypto Trading Bots in Australia are:

• Fees: How much does it cost to purchase a subscription? If the fees are high, your profits will be negatively impacted in the long run.
• Customer support: One of the most important things to look out for is very responsive customer support. Trading Bots are computer algorithms, and, like any computer program, may experience bugs. If you need to pull the plug, you want the customer support ready to help you, 24/7.
• Customizable: The ideal Trading Bot is highly customizable. The trading bot should be prepared for every scenario if it is going to trade in your place. The more options it has, the better.
• Support for automated and manual trades: Sometimes you may want to take back the wheel and make some adjustments – a trading bot that supports both manual and automated trades allows for more flexibility.
• Choose the right type of bot: There are many different types of trading bots: there are arbitrage bots, margin trading bots, leverage bots, coin lending bots, market maker bots, and more. Narrow down the type of bot you’re looking for before committing.
• Compatibility with crypto exchanges: If you trade crypto across multiple exchanges (like VirgoCX, eToro, Coinbase and Binance), you want to make sure the bot you pick is compatible with those exchanges. A trading bot is designed to simplify trading – if you find yourself having to hop in different exchanges to fine-tune your trades, you should consider a new bot.
• Carefully select your strategy: At the end of the day, a trading bot is designed to follow a set of rules. If the rules are imprecise, you will lose money. Most trading bots offer a set of pre-defined strategies; if you’re a beginner, stick with them while you learn more.

In Summary

As a long-time crypto aficionado, I constantly keep up with the latest and greatest crypto trading bots coming out every day, always looking for the lowest fees and best features. I’m confident these recommendations are currently the best bots available in Australia. 

Overall, our top pick for crypto trading bots is KuCoin: It supports 600+ cryptocurrencies, operates in 100+ countries, and processes millions of trades per day. KuCoin bots are free to use with trading fees of just 0.0125% to 0.1%, and for those reasons, I highly recommend KuCoin.

Best Crypto Trading Bots Australia FAQs

Is it legal to buy and trade crypto in Australia?

Yes, cryptocurrency is legal in Australia, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Australia, and the Australian government shows no indication of accepting it as such any time soon.

What are the best types of trading bots?

Arbitrage Bots: Arbitrage bots work by crawling prices across different crypto exchanges and making smart purchases, buying low and selling high. Keep in mind these yield minimal profits, as prices of assets across exchanges are relatively close.

Short/Long Position Bots: These bots execute trades on what it considers the momentum of an asset – if the trend is bullish, it executes a long position, if it sees a downturn in the market, it triggers a short position.

Coin Lending Bots: These bots make loans to margin traders that are paid back with interest. This is similar to how loaning crypto platforms work.

Is crypto trading taxable in Australia?

Yes, crypto trading is considered a taxable event in Australia. Even though the Australian Tax Office (ATO) doesn’t consider crypto as money, it is regarded as property, a CGT asset for all tax purposes. When a capital gain or loss is realized from cryptocurrency, the market value of the asset, in AUD, is used to calculate the tax. 

Are crypto trading bots regulated in Australia?

Yes. In Australia, cryptocurrency, digital currencies, and crypto trading bots are legal. The sale of crypto assets is regulated by Australia's Financial Services Regulatory Regime.