ALGO has tremendous potential and value for investors that is furthered by the company’s commitment to creating a highly efficient payment processor while supporting pro-green initiatives.
You can profit from even the slightest movements in the ALGO market with the Algorand Trading Bot by Bitsgap. There are currently several GRID bots, a DCA bot, a Scalper, and a Combo bot that you can use, depending on your trading strategy. To start trading with the ALGO bot, connect your favorite exchange to the Bitsgap platform with encrypted API keys.
Try on a PRO plan free for 7 days, pick a plan later
How Does the Algorand Trading Bot Work?
Bitsgap Algorand DCA trading bots automate ALGO trading for you! This unique AI-driven trading tool helps you build a position over time by investing set ALGO amounts at regular intervals while hedging against market risk.
The ALGO GRID trading bot works similarly except for setting up take-profit orders. In GRID trading, a bot will place a take-profit order for each buy order separately, while in DCA, a bot will place a take-profit order for all executed buy orders.
Advantages of the Algorand Trading Bot
Bitsgap offers different modifications of trading bots, letting you combine various settings and strategies to achieve better results.
GRID trading bots
Profit from every market move
The grid strategy works with postponed limit BUY and SELL orders in predefined price intervals.
The price range you choose will be divided into multiple levels (also selected by you) which creates a grid full of orders.
GRID bot strategies
Buy the dip
Earn BTC as it becomes cheaper, then HODL
Flat
Earn USDT on every small price fluctuation
Custom grid
Configure your own grid trading strategy
Buy the dip
Earn BTC as it becomes cheaper, then HODL
Flat
Earn USDT on every small price fluctuation
Custom grid
Configure your own grid trading strategy
DCA trading bots
Set algorithmic strategy based on smart technical indicators
The DCA trading bot (or "Dollar Cost Averaging") allows you to invest in a cryptocurrency at multiple price levels to get a better average entry price.
DCA bot strategies
MACD+RSI
Оutperform market on bullish or bearish trends
Stochastic+Channel
Buy/Sell inside channels, HODL outside channels
Pure DCA
Buy at multiple DCA levels, take profit, repeat
Custom DCA
Construct your perfect trading bot by yourself
MACD+RSI
Оutperform market on bullish or bearish trends
Stochastic+Channel
Buy/Sell inside channels, HODL outside channels
Pure DCA
Buy at multiple DCA levels, take profit, repeat
Custom DCA
Construct your perfect trading bot by yourself
Try on a PRO plan free for 7 days, pick a plan later
How to Launch Algorand Trading Bot
Sign up on Bitsgap
Connect an exchange
Choose your bot
Pick an Algorand pair
Set the bot up and run it
Algorand Trading Platforms
With Bitsgap's Algorand Trading Bot, you can effectively automate your ALGO trading on Binance, Bybit, Kucoin, OKX, and 10+ other major crypto exchanges. You don't have to set orders manually anymore: Connect your favorite exchange to our platform via the secure API key, create a smart strategy with advanced features only available in Bitsgap's bots, and watch your profits soar.
Try Your Bot in Demo Mode
Demo Mode lets you try crypto trading with simulated funds. Experiment with your Algorand Trading Bot on various instruments and with different settings in a risk-free sandbox. The Demo Mode virtual account has all the same market conditions as real trading on the platform. Bitsgap will autonomously execute your orders, showing your actual trading results.
Plans & pricing
Save $72
Basic
$29$23/mo.
2 Active GRID Bots
10 Active DCA BotsNew
Unlimited Smart orders
Save $168
Advanced
$69$55/mo.
5 Active GRID Bots
50 Active DCA BotsNew
Unlimited Smart orders
Futures bots
Trailing Up & Down for bots
Save $360
PRO
$149$119/mo.
25 Active GRID Bots
250 Active DCA BotsNew
Unlimited Smart orders
Futures bots
Trailing Up & Down for bots
Take Profit for bots
Save $72
Basic
$29$23/mo.
2 Active GRID Bots
10 Active DCA BotsNew
Unlimited Smart orders
Save $168
Advanced
$69$55/mo.
5 Active GRID Bots
50 Active DCA BotsNew
Unlimited Smart orders
Futures bots
Trailing Up & Down for bots
Save $360
PRO
$149$119/mo.
25 Active GRID Bots
250 Active DCA BotsNew
Unlimited Smart orders
Futures bots
Trailing Up & Down for bots
Take Profit for bots
*Please note that our prices are VAT exclusive.
VAT will be billed to EU customers in line with the applicable rates of their member state unless a valid VAT number is provided.
Try on a PRO plan free for 7 days, pick a plan later
Bitsgap has no access to your funds. And will never have.
Our platform executes trades, while keeping all information entirely confidential.
Your funds are secure
Bitsgap doesn’t have access to your exchange account and cannot withdraw your funds.
API-key is all you need
Connect your exchange account using a secure API connection and get started. It’s easy.
Fast trading servers
Our servers are located close to popular exchanges to ensure stable and fast order execution.
Try on a PRO plan free for 7 days, pick a plan later
FAQ
Can I Modify the Parameters of My Running Trading Bots?
Are Trading Bots Suitable for a Novice?
Can I Share My Trading Bot Results With Friends?
Can I Modify the Parameters of My Running Trading Bots?
Yes, in some bots, you can adjust several functions, such as Trailing Up or Take Profit, while they’re running. For example, if you want to modify one of your running GRID ALGO trading bots, select one you’d like to modify in the list of bots under the main chart, click “Modify” on the right-hand side of the screen, configure options, and let bot continue doing its job.
Are Trading Bots Suitable for a Novice?
Yes, anyone can trade with bots. However, cryptocurrency is a challenging pursuit, and even experienced traders struggle to consistently make profitable trades. It’s best if you understand how the market works before setting up automated trading. Do your own research and take care when configuring trading bots to get all the chances of succeeding.
Can I Share My Trading Bot Results With Friends?
Absolutely! Moreover, by sharing your bot’s results, you can earn passive income from referrals in case any trader joins and pays for Bitsgap’s subscription plan. To share your bot results, click on “Share & Earn” button right below the main chart, choose the bot results you’d like to share, copy the link, and send it to your friends!
