Setup + Experience Required
3commas has stated that it is best-suited for experienced traders. This platform, along with Cryptohopper and Coinrule, are great options for those knowledgeable enough to create their own trading rules for customized bots. In addition, 3commas, Cryptohopper, and Coinrule require its users to hold accounts with external exchanges in order to access their products.
But what if you’re new to crypto, don’t really understand the ins and outs or even have an account with an exchange? With OSOM’s Crypto Autopilot, you just deposit Euro via a bank transfer or credit card, exchange it to Bitcoin via our low-fee crypto Exchange, deposit to Autopilot, sit back, and relax.
Fees + Performance
Although Cryptohopper and Coinrule offer free basic starter packages, these hardly offer any functionalities. You’re better off opting for the best package offerings, which can be as high as $450 per month.
It’s difficult to estimate what types of returns these bots offer, as performance completely depends on user expertise, chosen strategy and bot setup. So does it really make sense to pay high fees to use bots that you may not even possess the technical background to use effectively in the first place?
We prefer calculated risk for maximum reward. We don’t think you should have to pay anything unless you make returns, which is why OSOM only charges a fee of 10% of profits — if you invest 1 BTC and accrue a return of 0.1 BTC by the end of the month, you pay 10% of 0.1 BTC. Simple and fair like we think it should be.
3commas, Cryptohopper and Coinrule each offer their own set of unique features, ranging from analytics and educational tools to a strategy marketplace.
At OSOM, users can access the Crypto Autopilot directly from within the OSOM ecosystem. The OSOM Wallet offers an intuitive crypto management tool while the OSOM Exchange makes it possible to deposit Euros via bank transfer or credit card, making it quick and easy to add crypto to your portfolio.
Licensing + Rating
When it comes to managing wealth, trust and credibility are very important factors. OSOM worked diligently to receive a license in Estonia with the goal of building the ultimate intuitive personal finance toolset.
Which crypto trading bot is best for you?
To conclude, OSOM, 3commas, Cryptohopper and Coinrule all offer their own set of very attractive features to those interested in trying out a crypto bot — but they’re all very different to one another.
🖥 3commas offers sophisticated features for the experienced trader.
🤖 Cryptohopper is a great choice for those interested in coding their own bot.
⚙️ Coinrule is also ideal for those who want to set custom automated trading scripts and rules.
🚀 But OSOM’s Autopilot is the best choice for the inexperienced, first-time crypto user who wants to diversify their basket of coins without the extra work.
OSOM’s Autopilot is, by design, a no frills, easy-to-use solution. Sleek, simple and effective — but not suitable for those who want to play around with advanced functionalities, because there are none. It just works.
The Crypto Autopilot is currently in closed Beta.
Each week, we invite just 100 people to try it out.
Questions? Check out the FAQ or reach out to us at [email protected].