The Top Crypto Signal Auto Traders for Binance and BitMEX

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For a long time, we have received many requests for a Crypto Auto Trader review post. So we created a shortlist of the best auto traders. Hence, our posts about the best Telegram crypto signals and BitMEX signals have gained legendary status. However, it is really not easy to test them all. Once again, I decided to give you a list of my favorites. Indeed, there are various kinds of auto-trading software tools that are common right now.

After all, I am often asked which crypto signal provider offers which auto-trading solution. Here is an overview.

Binance and BitMEX Crypto Auto Trader at a Glance

This table compares all Signal Providers with Binance and BitMEX Auto Trader Services and shows their technical solution.

The Top Auto Traders for BitMEX and Binance

Provider	Trading Style	Cornix	Custom Solution	Review
Fat Pig Signals	Binance/BitMEX/Bybit	x		Full Review
Universal Crypto Signals	Binance/BitMEX/Bybit	x		Full Review
Verified Crypto Traders	Binance/BitMEX	x		Full Review
CoinCodeCap	Binance	x		Full Review
OnwardBTC	Bybit	x	x	Full Review

Best Practice for Crypto Auto Traders

Indeed, an affiliate link shiiillllll incoming! No, really! The best practice for auto traders is to set up one account for each provider. This allows you to evaluate the results.

I’d do a quick check weekly and a more in-depth check once a month. So, if you like our website and our work, or just want to take advantage of cheaper transaction fees.

Reasons to Execute Binance & Bitmex Signals per Auto Trader

There are plenty of reasons we get so many requests for auto-trading solutions. We can feel the urgent need for such a tool and why it comes in handy to many of you. However, despite the charm and attraction of the idea itself, it is essential to be aware and cautious. Scammers are always right next to you in crypto, and you should never forget about this fact. Hence, we would never promote a BitMEX auto trader, which leaves the hint of doubt that it could be a scam. Far, far too many of you guys have been scammed already, and we get quite a few messages like the one below:

For one thing, we are a bit proud, to be honest. We have found you a handful of providers. Each of these can deliver reliable results and is not a scam. We stay in all these channels and speak to the admins a few times a week. Besides all of that, let’s go through the reasons why you use an auto crypto trader. Whether it’s for BitMEX or Binance signals, it can make sense, and if it could be something for you:

• Firstly – You don’t have the time to sit the whole day in front of Telegram and wait for signals
• Secondly – You are challenged with all the configuration options Binance / Bitmex offers
• Thirdly – You are a novice trader and don’t want to make a mistake
• Fourthly – You are challenged by your emotions and can’t stop amending orders or revenge trading
• Fifthly – You simply want a managed account by pros
• Lastly, you are under the impression that you live in a different time zone than the rest of the world, and you keep missing out.

How to setup a Binance or Bitmex Crypto Auto Trader?

Before connecting any trading bot, you’ll need a verified Binance account with API access enabled. If you don’t already have an account, you can create one through our Binance partner page and start using Binance spot trading, futures trading, copy trading, and automated trading tools. Both Auto Traders for BitMEX and Binance are set up via an API connection. An API, short for Application Programming Interface. This is a software intermediary that allows two parties to exchange information. Binance trading fees explained can help you understand the costs associated with your trades. Knowing the fee structure is essential for effective trading strategy and maximizing your profits. Additionally, be sure to consider any potential promotions or reduced fees based on your trading volume.

In our case, the chat tool Telegram is most often used. This is where the signals come in. Using an API that transfers the signal information to Binance or BitMEX and places the orders for you there.

Basically, this means you have nothing to do other than provide the API key and the secret to a Telegram bot. In particular, these are two sets of random characters and numbers. In addition, you provide them most likely to a Telegram bot. Of course, this enables Telegram to connect to BitMEX and Binance and transfer the needed information to buy and sell.

Conversely, we know now that the Auto traders are all based on an API connection to your Binance/Bitmex account. Because you can generate such an API key within your account settings. And no (they won’t take your key if you have the withdrawal option enabled on it).

Thus, you can define which abilities the key shall have you pass to signals. So basically, you don’t tick “Withdrawal,” and they can’t access your account funds. Once the key is created, they will have access to trigger your account on any trades published on their Telegram channel. Building the needed API key is as easy as 1-2-3.

An Auto Trader is not for you…

• Firstly …if you are looking for fast money
• Secondly …if you want to trade yourself
• Thirdly … if you are out for a “kick.”
• Fourthly …if you want to play in the traded account yourself
• Lastly …if you plan this for the short term

It is crucial for this operation that you provide an API key for a funded account. Because this is solely traded by the signals group (you can have multiple accounts with BitMEX; you can then register additional accounts here with discounted fees, thanks!).

If you log in and place your orders, interference will mess things up, but you should still feel comfortable. Crypto trading can be dangerous, and you have to know that you can lose everything. BitMEX signal providers will make use of some leverage. Also, most of them often trade alts on BitMEX (where contract prices can be much higher, as with BCH).

Not only are these auto traders and the trading concepts behind them made for the long-term vision. Also, they should be seen as an investment. You enable professional traders to trade an account for you by paying a fee. That’s the magic behind it, and if you want to enroll. It is highly suggested to have at least a few months in mind.

There are no overnight riches to be found! Like with any investment, it goes both ways. If you run ETFs, for example, you see the account has growth and loss; it comes in waves. It is important to keep up with the big picture and to see it as an experiment. This should not be your retirement fund. Think of it more as an experimental high-risk option, where you won’t shed a tear if the money is gone.

Crypto Auto Trader Software for Binance

For Binance, we found groups that used the following auto trader bots, scripts, and apps:

Cornix for Binance

Cornix is an advanced crypto trading bot that operates at multiple levels. You can run it semi-automatically for order replication and also for full auto trading. Cornix comes with tons of options for staggered entries and exits. Many preset strategies for buying in and selling out.

Whether Cornix is free or not depends on the signal provider. Also, whether they pay the fees for you. On some providers like Verified Crypto Traders, you are all set.

Later, you can use the bot with all features (depending on your plan). As with other groups, they are just used to offer you the Cornix features. Do note that they may require an active Cornix membership on your end.

All trading-specific criteria can be managed with the bot:

• Amount of account balance at risk for the trade (10% max)
• Entry Price
• Stop Loss
• Limit and Market close positions for quick or predetermined exits
• Cancel and re-enter a stop loss (used to “Bullet Proof” positions and secure profit
• It can also trail the stop-loss as the trade progresses and use several entry and exit strategies.

Cornix Pricing (on top of the Signal Group Membership fees, if not included)

Profit Trading App

Profit Trading is a very cool freemium app for iOS and Android. It is a cool trading app itself and for a small fee. You can buy extra features, like the ability to connect to a signal provider. So you can copy their signals with one click. Profit Trading enables signal providers to create a special link that they can offer alongside the signal. If you have the paid add-on, you just click it and have the signal copied into your account.

Custom Solutions

Many signal providers have chosen proprietary solutions. This means they hired a coder to bridge their signals to your BitMEX or Binance account. These are most often the most convenient solutions for you, as you have no configuration setup to process.

You provide only the API key and the secret, and the provider does the rest. All customers receive the same results. If you choose such a solution. It is wise to make sure the provider uses proper risk management. You likely cannot influence it yourself.

Crypto Auto Traders for Binance

Fat Pig Signals

(Cornix Bot – additional costs)

If you don’t like to read and want to join now…

Fat Pigs recently joined the Cornix party for a limited number of members. Only new members have the chance to get their signals copied. With Fat Pig Signals, you will need an active Cornix Subscription. They have very successful signals, often on smaller Binance coins.

Also, they apparently don’t want to create a pump-and-dump scenario. If you want to get into the FPS auto-trader program, you have to get into the line first.

Verified Crypto Traders

(Cornix Bot – additional costs)

If you don’t like to read and want to join now…

A highly accurate crypto signals provider with new management for Binance and Bitmex, which provides signals per Cornix Auto Trader. For this provider, you will need a separate Cornix subscription.

Universal Crypto Signals

(Cornix Bot – additional costs)

Another highly accurate crypto signals provider for Binance, which provides its signals per Cornix Auto Trader. For this provider, you will need a separate Cornix subscription. Full Automation is recommended, as the signals are sometimes amended; stops often come later if the market sentiment changes.

Binance Auto Trader Example:

CoinCodeCap

(Cornix Bot – additional costs)

If you don’t like to read and want to join now…

CoinCodeCap is a quality signals provider that offers semi-automated and fully automated signals with the Cornix bot for Binance, Okex, Bitfinex, and Bybit. They also offer Cornix Trading bot support to simplify everything.

With a little bit of help from them, you can set up the trading bot and adjust it to make trades on different exchanges with ease. Although it’s a relatively new service, CoinCodeCap performs well.

OnwardBTC

(Cornix Bot – additional costs)

If you don’t like to read and want to join now…

OnwardBTC offers automated AI-powered crypto trading bots, with support for major exchanges such as Bybit and Bitget. Their flagship bot, Odin, executes trades 24/7 using advanced strategies via a Cornix integration, delivering results such as +41.7% on SOL/USDT in October 2024.

Users can access the bots through Telegram with a simple, user-friendly setup. By signing up via OnwardBTC’s referral links, traders receive bonuses and free bot access. Alternatively, bots can be used with any exchange for $69/month. With a “set and go” approach, OnwardBTC makes automated trading accessible and effective for traders of all levels.

Crypto Auto Trader Software for BitMEX

BitMEX also offers a great API. However, trading on BitMEX via the API won’t help with overload issues or slippage on altcoin futures. There are basically two options channels use for auto-replicating signals to your BitMEX account: Cornix and custom solutions.

Cornix for BitMEX

Cornix for BitMEX is not (yet) an optimal solution. The coding team behind the bot is still ironing out quite a few things. Recently, stops were placed as limit orders, which was not really good – but it is fixed now. Right now there are some problems in the order process flow, depending on the chosen strategy. It still has lots of potential, but I think it will take some time.

Custom Solutions for BitMEX

There are not many alternatives on the market, just to think, besides buggy Chrome add-ons, etc. In the distance, many signal providers went their own way and coded their own auto trader solution for BitMEX. Most are hands-free solutions, so you just hand over your API key and your secret and let them roll.

Conclusion about Crypto Auto Trader Solutions

Auto traders and crypto are still in their infancy, it seems. Cornix is a great solution for Binance, but it has some steps to go for BitMEX as well. TradingApp is a great solution with a perfectly working app for Binance signals. Proprietary solutions are often a great way to go if the signals and risk management are good.

These hands-free solutions should be seen as a long-term investment, not an overnight-riches solution. Anyone who has held an ETF or other Fund, stocks, and on and on. In addition to knowing about its ups and downs, Crypto, however, is way more volatile, so you might observe a rollercoaster for your investment.

I would not use auto traders as my retirement fund option, but I would use them as my experimental long-term option for sure. There are some great providers in this list. Thus, you have to get out of the glass-bowl mentality and see 1-2 months as 1-2 years instead. Great things can be achieved in this timeframe in Crypto. Another interesting experiment would be to run all of these providers as a kind of fund.

However, if it is not money you can lose with an “Oh well!” on your lips, you might consider something else. For all others, this might be a very interesting investment possibility. Remember, you can lose the entire investment.