8 Best Crypto Trading Softwares of 2024: [Verified Platforms]

Best Crypto Trading Platforms :

1. Altrady: Best for all-in-one crypto trading
   
2. Binance: Best Cryptocurrency Exchange Software For Altcoins
3. Poloniex: Best Crypto Day Trading Platform
   
4. Coinbase Pro: Best for professional traders
   
5. KuCoin: Best Desktop Crypto Trading Platform
   
6. Kraken: Best for crypto funding
   

Let us look at some of the most popular crypto exchanges and promising crypto trading tools and software in 2024. These platforms could help you make the right investment decisions and trading actions.

8 Best Crypto Trading Software Tools for Starters:

Altrady: "Making Crypto Traders' Lives Easier"

Altrady is a Netherlands-based multi-exchange cryptocurrency trading platform and for many the best crypto trading platform with advanced crypto tools for managing trades, monitoring markets, and keeping track of portfolios across different exchanges.

Traders can connect their exchange API keys to the Altrady crypto trading software to enjoy the following features:

• FREE Paper Trading Plan Forever

• Smart Trading

• Trailing Stop Loss and Trailing Take Profit

• Ladder & OCO Orders

• Connect with 16+ exchanges

• Risk Reward Calculator: Show the risk you are taking with the current position. It also adjusts the investment size if you update the risk %

• GRID Bots + Backtesting - Trailing Up & Down for GRID bots

• Signal Bot + Webhook Sport & Futures
• DCA Bot

• Futures Trading

• Mobile, Desktop, and Browser apps.

• QFL signals (3commas QFL signal is ours)

• Portfolio Management

• Multi-account portfolio with sub-accounts

• Cold Wallet Portfolio
• Crypto Analytics Platform

• Trading Analytics

• Price Alerts

• Trading Journal

• Market Scanners: proprietary Base Scanner and Quick Scan

• Position PnL Tracker

• Market Explorer (think of Coinmarketcap inside the app)

• Multi-charts

• Arbitrage analytics

• Automatic Take profit and Stop loss based on % and allow you to close with buying to base or selling quote. - This would then send you notifications of when this happens.

• Start conditions based on price.(conditional order)

Altrady Services

• Real-time crypto alerts are considered to be among the fastest in the market.

• It also has a Crypto Base Scanner market scanner that sends thousands of crypto signals for manual and automatic trading 24/7.

•  The Altrady crypto trading academy, blog, and community also provide avenues for crypto learning among users.

• Support 24/7 through the chat function

Altrady Fees

Altrady does not have trading fees. Users only pay for plan subscriptions with different pricing for each package—prices with a 30% discount for an annual subscription.

• A 14-day free trial that includes signals, smart trading, bots, and portfolio management

• FREE Paper Trading Plan Forever

• €17,47 monthly for the Basic package

• €31.47 monthly for the Essential package

• €55.97 monthly for the Premium package

Binance

"The World's Leading Cryptocurrency Exchange"

Binance is considered the world's largest crypto exchange platform based on trading volumes. Its daily trading volume goes over $2 billion. This cryptocurrency exchange also processes over 1.4 million trading transactions per second.

Binance Features

Binance takes pride in its entire cryptocurrency ecosystem that encompasses various aspects in the crypto industry, such as:

• Cryptocurrency Trading through Binance Exchange
• Automate through Binance trading bot

• Blockchain Technology Infrastructure Development through Binance Lab

• Cryptocurrency Analysis through Binance Research

• Tech Startup Funding & Token Research through Binance Launchpad

• Crypto Education through Binance Academy

• Social Aid through Binance Charity Foundation

• Crypto Payment through Binance Card

• Cryptocurrency Storage through Trust Wallet

• Accessible trading through a mobile app, desktop, web, and API versions;

• Supports margin trading; and

• Fund insurance through SAFU or Secure Asset Fund, which allocates 10% of trading fees for the protection of user funds during extreme cases.

Binance Services

• Binance offers 24/7 support services.

• Binance Fiat Gateway allows the purchase of digital currencies using fiat currency. Users pay through credit or debit cards, and the crypto purchased is immediately deposited to the Binance wallet.

• Binance OTC Trading or over-the-counter trading provides a personalized way of trading for those who want to trade large blocks securely and quickly.

Binance Fees

Binance has different trading fees depending on the VIP level of the user, which is determined by the 30-day trading volume and/or BNB balance.

The lowest VIP Level has to pay 0.1% trading fees. This could go down as the trader reaches a higher tier at the VIP level.

Deposit fees are primarily free of charge, while different withdrawal fees depend on the coin to be withdrawn.

Poloniex

"The Legendary Crypto Asset Exchange"

Poloniex is among the top cryptocurrency exchange platforms and is registered in Seychelles. It allows the trading of digital currencies using secure technology.

Poloniex Features

• Poloniex has over 60 cryptocurrencies or digital assets listed the exchange;

• Over 100 spot trading pairs;

• Over 25 margin trading pairs;

Now allows the purchase of Bitcoin with credit and debit cards through the Poloniex wallet.

Poloniex Services

• Live chat customer support;

• Margin lending and borrowing allow borrowers to trade on borrowed funds and lets lenders earn interest.

Poloniex Fees

Poloniex has a tiered trading fee structure based on the average 30-day trading volume of the user. For the lowest tier, maker fees are about 0.15%, while taker fees are about 0.25%. This significantly goes down as the trading volume increases.

Coinbase Pro

"The Most Trusted Platform for Trading Cryptocurrency"

Coinbase Pro is formerly known as GDAX and was established in 2015. It is owned by Coinbase, a California-based digital currency wallet and exchange platform that was founded in 2012. It allows individual users to trade various cryptocurrencies on a secure and insurance-backed exchange.

Coinbase Pro Features

• Coinbase Pro has an easy and intuitive user interface;

• Has advanced trading tools for experienced traders who make high-volume trades;

• Has strong security and regulatory compliance with extensive Know Your Customer (KYC) procedures;

• All its digital assets stored online are fully insured to protect its users of up to $250,000 (in USD balance) per customer; and

It has a crypto learning course that allows users to know more about cryptocurrencies and earn for every completed course.

Coinbase Pro Services

• Coinbase Pro provides real-time crypto market data through its WebSocket feed.

• It has a trading API that enables the development of trading bots.

• Institutional investors can opt to use Coinbase Prime for higher trading volumes.

Coinbase Pro Fees

Coinbase Pro's trading fees are based on a tiered structure dependent on the 30-day USD trading volume. The highest fees go around 0.60% for taker and 0.40% for maker. This rate decreases as trading volume goes up the ladder.

KuCoin

"Safe Bitcoin Transactions Start on KuCoin"

KuCoin is among the most popular crypto exchange platforms and was launched in 2017. This Hong Kong-based exchange has over 5 million registered users from more than 200 countries and regions. Its institutional investors include IDG Capital and Matrix Partners.

KuCoin Features

• KuCoin supports a wide range of cryptocurrencies with over 200 listed digital assets and 33 fiat currencies;

• Has over 400 trading pairs;

• Offers accessible trading through web and mobile apps;

• Supports multiple trading order types to cater to different risk appetites;

• Offers spot trading and margin trading;
• Kucoin trading bot

• Allows purchase of cryptocurrencies using fiat through Simplex, Banxa, and OTC;

KuCoin Services

• KuCoin has live chat support for concerns and queries.

• It offers VIP membership services where traders can climb up the ladder to get certain benefits.

• KuCoin Instant Exchange allows traders to make fast, one-click exchanges of up to 10 cryptocurrencies.

KuCoin Fees

KuCoin trading fees are dependent upon the membership level of the trader. The different criteria, such as 30-day trading volume on KuCoin, 30-day trading volume on KuMEX, 30-day holding of KCS, and average 30-day total assets, determine this.

The trading fee rate for members of the highest tier is 0.1%. This can go as low as 0.013% for maker fees and 0.04% for taker fees as soon as the user reaches the highest membership level.

Kraken

"We Put the Power in Your Hands to Buy, Sell and Trade Digital Currency"

Kraken was established in 2011 by Jesse Powell and is recognized to be among the oldest and most highly respected Bitcoin exchanges in the world. It is known for offering a high level of security and deep liquidity.

Kraken Features

• Kraken has a comprehensive approach to protecting the funds of its users, with 95% of its deposits stored offline, servers caged and under surveillance 24/7, and all sensitive information encrypted, among others;

• Has set up multiple levels of security for account logins, withdrawals, monitoring, and trading;

• Availability of fiat funding options for traditional currencies like USD, EUR, CAD, JPY, GBP, and CHF through banking deposits;

• Allows margin trading;

• Allows futures trading;

• Has two market views that reflect cryptocurrency prices:

• Real-time indices and spot rates are accurate updates second by second based on compiled order book data from top crypto exchanges.

• Reference rates and settlement prices are updated once daily and are computed using transaction data from various crypto exchanges.

Kraken Services

• Offers crypto funding options for corporate clients;

• Offers personalized over-the-counter (OTC) trading services for the execution of large trades;

• Offers account management for advanced traders who want the assistance of personal account managers;

• Has live chat support

Kraken Fees

Kraken follows a tiered fee schedule that is based on the 30-day trading volume of users. The highest rates are 0.25% for maker fees and 0.40% for taker fees. These fees are charged per trade, and discount tiers are assessed after every trade.

Coinigy

"Ultimate Cryptocurrency Portfolio Management Suite"

Coinigy is a Milwaukee-based crypto exchange and wallet management platform established in 2014. It was built to access the global financial markets of the future easily.

Coinigy Features

• Coinigy has automatic portfolio tracking that allows users to keep track of assets 24/7 without the need for manual edits;

• Trading in connected exchanges using the Coinigy app;

• High-definition charting with 75 technical indicators;

• Supports more than 45 exchanges; and

• Has a multi-tiered server architecture.

Coinigy Services

• Offers SMS and email price alerts;

• Has extensive crypto charting tools;

• Offers account integration through the use of API; and

• 24/7 live chat support and help desk.

Coinigy Fees

Coinigy has different pricing schemes for each of its plans:

• The starter account is free.

• Pro Trader account $18.66 per month for an annual payment

• API Developer Pro account is $99.99 per month

Choosing from the Best Crypto Trading Software Tools

Even with this summary of the main features and services of the 8 best crypto trading software tools, you could still ask yourself, "Which one should I use?"

The answer would depend on many factors, such as the following:

Digital Assets to Invest In - Each exchange could differ on the number of listed digital currencies and trading pairs. It is always best to do your research first about the cryptocurrencies to invest in, including the developer behind the token, the historical growth and stability of the coin, and the average trading volume. You could also visit forums and join crypto communities to have an idea about trends for each market.

Availability of Crypto Exchange in Your Location - Not all exchanges could be available. You can check which platform covers your state or country from the crypto exchanges above.

Purchase of Fiat to Crypto - Since you are just starting to invest, you probably hold only traditional currencies. Some of the exchanges above offer direct purchases of crypto using fiat currencies. You can choose this route if it is available in your local currency or you can first buy or exchange your fiat for crypto in other platforms.

The Number of Exchanges You Will Use - Some starters stick to one crypto exchange, but some spread their assets and trades in a few exchanges for diversification and fund safety purposes. If you are pursuing the latter option of spreading out your trades in many exchanges, then it would help a lot if you chose the best crypto trading platform where you can manage multiple exchanges such as through Altrady or Coinigy.

Security - Research about the security history of these crypto trading software tools to protect your funds.

Customer Support and Community - As a beginner, it is always best to choose crypto trading platforms and tools that would give you immediate help and support when things are confusing or challenging to understand.

Remember, the first steps in your trading journey will determine your success in the future. So make the right decisions and use the right crypto trading software tools!

FAQ

What features should the best crypto trading software platforms offer for debit card integration?

The best crypto trading software platforms should offer secure and seamless debit card integration, allowing users to easily deposit and withdraw funds. They should also provide encryption and fraud protection measures, support for major card networks (Visa, MasterCard), low transaction fees, instant processing times, and user-friendly interfaces.

How do internet bots enhance the functionality of crypto trading software platforms in financial markets?

Internet bots can automate trading strategies on crypto trading software platforms by executing trades based on predefined criteria or algorithms. They can analyze market data in real-time, execute orders much faster than humans, operate 24/7 without fatigue, backtest strategies using historical data, minimize emotional decision-making, and potentially increase efficiency and profitability for traders.

What are the key factors to consider when selecting a crypto trading software platform for financial market activities?

When selecting a crypto trading software platform for financial market activities, important factors include security measures (like two-factor authentication), regulatory compliance, user interface usability, technical analysis tools offered, range of supported cryptocurrencies and fiat currencies, liquidity (ease of buyingselling without affecting the market price), transaction fees structure, customer support quality, and overall reputation within the cryptocurrency community.

Can you use a debit card to directly purchase cryptocurrencies on these platforms?

Yes, many top-rated crypto trading software platforms allow users to directly purchase cryptocurrencies using their debit cards. However, its essential to check if this option is available on the chosen platform as well as any associated fees or limits on transactions before proceeding with purchases.

Are there any risks involved with using bots for crypto trading on these software platforms in financial markets?

Using bots for crypto trading does involve risks such as technical failures or glitches that may lead to unwanted trades or losses. Theres also the possibility of security vulnerabilities being exploited by hackers. Market conditions can change rapidly rendering a bots strategy ineffective if not constantly updated. Over reliance on bots might lead to missed opportunities due to lack of human intervention and oversight. It’s vital for traders to monitor bot activity regularly and understand algorithmic strategies being used.