BCO Logo

Best 5 Crypto Signal Auto Traders for BitMEX

The use of crypto signals has exploded in popularity, as traders in the market compete to gain an edge in this volatile market. The advantage of using crypto signals is obvious, a team of dedicate traders who spend their entire time spotting profitable trading opportunities so that you don't have to. As the popularity of crypto signals grow, so to have the use of crypto signal auto traders. In this review we will take a look at the 5 best crypto signal auto traders for BitMEX and Binance Futures.

Before getting into the review, some of you might not know exactly what crypto trading signals are, so let's have a quick run through.

What are Crypto Signals?

Crypto signals are nothing more than a set of instructions that are sent to you electronically telling you exactly how to trade (i.e. when to buy and sell crypto). So, you could quite easily join a crypto signals group on telegram that sent you instructions telling you how to trade Bitcoin.

Usually, crypto signals are usually sent in the following format:

  • Cryptocurrency -- signals will typically contain information telling you which cryptocurrency to buy e.g. BTC or ETH
  • Buy -- a target buy price, telling you when you should enter a trade
  • Sell -- a target sell price, telling you when you should exit the trade
  • Stop Loss -- a target stop loss price, to mitigate losses in case the trade does not end up going in the right direction

There is also additional information contained in crypto signals such as: the exchange that you should be placing your trade on and the percentage of your funds that you should be investing into the trade.

If you can join a reliable and trustworthy crypto signals provider, then you'll also be receiving plenty of profit notifications like the image below shows. In these notifications you will be able to see how much you made on the trade and time frame it took to make those profits.

Most of what we've just gone through is handled automatically by bots (auto traders) on Telegram, making it very easy to follow signals automatically.

Crypto Signal Auto Traders

As we mentioned above, crypto signal auto traders make it extremely simple for you to follow trade signals, as trades can be placed automatically for you. This is can be far better than following crypto signals manually because of two primary reasons.

Firstly, the cryptocurrency market is extremely volatile, so trade opportunities can pretty much present itself at any time. This trade opportunity could be at a time when you are unable to follow a crypto signal, perhaps because you are at work or asleep.

Secondly, trade execution is a really important part of cryptocurrency trading. You might make a mistake in entering and exiting your position, which may result in reduced gains or worse, a loss.

Crypto signal auto traders solve these problems because trades are placed automatically on your behalf, meaning that you can be at work or asleep and still make money. This is a great set-up because if you join a reliable and consistent crypto signal group, you will effectively be able to make money passively. Crypto signal auto traders also greatly improve trade execution, as you are able to specify your buy and sell targets before even entering into the trade, which will make your trading much more precise.

How to setup a BitMEX and Binance Futures Auto trader

The setup for a Bitmex and Binance Futures auto trader will differ slightly depending on the bot that you decide to use. However, the setup process will largely be the same across the board. For example, pretty much all bots will require that an API (application programming interface) connection be established in order for the auto traders to be able to follow signals automatically. An API connection between your BitMEX and Binance Futures account and a crypto auto trader is likely going to be established using API keys. API keys are basically what gives the auto trader bot controls over your account to allow you to follow signals automatically. This control can be removed at any time, meaning that you are always ultimately in control.

To use Binance Futures as an example, the process of establishing an API connection between a Binance Futures account and an auto trader would be the following (this process will largely be the same across different crypto signal auto traders).

1. Generate your API keys

To establish an API connection with your auto trader, the bot will likely ask for the API keys to your trading account. This will mean having to generate API keys for your account.

If you are on Binance, then you can generate your API keys by first navigating to the 'API management' section of your Binance account (see the image below).

You should then see this image

Make sure 'enable futures' is ticked! you will need to first click on 'edit restrictions' in order to tick the 'enable futures' box.

Also, make sure: enable trading, read only, and unrestricted is ticked.

It's important you make your Binance Futures account BEFORE generating your API keys

You should then have both the API key and the secret key, which you will need to connect the crypto signal auto trader to your bot.

Now you might be on a different exchange, for example BitMEX, which in that case may require you to take slightly different steps However, the overall objective of needing to generate API keys is the same regardless of your cryptocurrency exchange.

Once the crypto signal auto trader is connected to your exchange, you will now be able to follow signals automatically. You will also be able to execute trades a lot more easily, as you will be able to set a buy and sell price before entering a position. This is much easier than manually placing buy and sell orders on your exchange, as you could make mistakes with trade execution.

Now, let's take a look at some popular crypto signal auto traders for BitMEX and Binance Futures.

1. Binance Killers (@BinanceKillers)

  • Number of subscribers: +54k
  • Focus/Description: BTC and altcoins leveraged trading.
  • Approximate Post Rate: 2-3 signals per day

Binance Killers has been known for years in the market as one of the best options for alt-coin signals (with and without leverage). They provide on average 1-2 signals per day and an overall accuracy of 97%. They’ve made a couple of millionaires from their VIP members and not out of pure luck. They not only offer trading signals like most other channels, they teach their members how the market works and how to manage their risk when trading from 0.

Trading alt-coins has become increasingly popular since the launch of the Ethereum Network and it doesn’t show any signs of slowing down. People think trading alt-coins is much easier than margin trading or Futures trading, however there are only a few traders that make it in this market.

From the contact we’ve had with them and their VIP members, we discovered most of them made their VIP fees back in a couple of trades and are more than happy with their service. VIP members also receive exclusive news and market insights, even before they are known by the general public.

Their free channel also offers a couple of signals and most market analysis, making it extremely easy for new members to learn about the market. It also offers advanced trading features for professional traders, and have partnered with several international financial firms which have got them to where they are today. Their support team is extremely friendly and will be more than happy to answer any question as they’re available 24/7.

We highly recommend following Binance Killers if you are starting out in this market or if you are an experienced trader looking to learn more and level-up your crypto trading game.

They are a team alt-coin signal experts, ready to make your portfolio grow if you are ready to learn from them and properly manage your risk.

Telegram: t.me/BinanceKillers

Contact: @BKCEO

2. Margin Whales (@Margin Whales)

  • Number of Subscribers: 17.5K.
  • Focus/Description: Provides bitcoin signals on the Binance and BitMex cryptocurrency exchanges, as well as educational content on crypto trading.
  • Approximate Post Rate: 2+ signals per day.

Margin Whales is a signal trading service that was launched by Mycryptopeda.com, a well-respected cryptocurrency publication in the community. Margin Whales specialises in providing high-quality bitcoin signals for the Binance and BitMex cryptocurrency exchanges.

Getting started with Margin Whales is straightforward, simply follow the steps below:

  1. If you have an account on the Telegram messaging app, then the best way to get started is to send a quick message to our admin: @Mr. W to get a good idea of the kind of service that we offer. We also recommend joining our free crypto signals group, Margin Whales. If you don't have the Telegram app, then the next best way to get in touch with us is by shooting a message to @Mr. W. Once your message arrives, Mr. W will then walk you through everything that you need to get started.

  2. Margin Whales offers 3 premium plans for crypto trading signals: 1 month, 3 months and Lifetime. Membership to these groups can be paid via cryptocurrency with @Mr. W.

  3. Once you become a premium member, the MYC team will help you get setup, so that you can start following signals and making money passively. With a 24/7 customer service, the MYC team will always be on-hand to help.

3. Fed. Russian Insiders® (@FedRussianInsiders)

  • Number of Subscribers: +22k.
  • Focus/Description: BTC and altcoins leveraged trading.
  • Approximate Post Rate: 2-3 signals per day.

They’ve become one of the most widely known and praised group of analysts in the market for the last several years. They’re based in Moscow, Russia and are completely transparent when it comes to their content and trading signals. Federal Russian Insiders (or FRI as they’re frequently called by the crypto-trading community) has built up a reputation from the ground up, proving themselves to the at the top of their game for so long. They mainly provide margin signals (ByBit) and alt-coin holds (Short, Mid and Long Term).

They average 60 signals per month (2 signals per day) and specialize on trading Fibonacci sequences, which makes it extremely easy for beginner traders to enter their signals. They generally send entries hours or days before they hit and are know for their 93%+ all time accuracy. No surprise so many other channels end up copying them with no success.

I’ve been in contact their team, and can tell you with complete confidence that those Russians aren’t only intimidatingly disciplined, but they’re also friendly (in their way, lol) and they’re guys I could literally trust my life to. To them, loyalty is always number one. Someone who isn’t loyal is worth nothing, and they’re as loyal to their members as a captain is loyal to his ship.

As a bonus, they provide their VIP members with access to a $30,000+ library with exclusive trading courses, guides, books and insights. Absolutely for free. FRI is probably the best choice out there for any beginner or experienced trader looking to learn much more about how this market works and how exactly to profit from it.

Questions? @DmitriFRI

4. Bitcoin Bullets® (@BitcoinBullets)

  • Number of Subscribers: +22.6k.
  • Focus/Description: BTC and altcoins leveraged trading.
  • Approximate Post Rate: 2-3 signals per day.

This cryptocurrency trading signals service has been created in order to offer an alternative way of trading digital assets. The VIP channel would be much more accurate and it would allow you to have better results with your trading strategies. Indeed, this trading channel could be good to support your trades and confirming entry and exit points in the space.

5. Wallstreet Queen Official® (@WallstreetQueenOfficial)

  • Number of Subscribers: +57k.
  • Focus/Description: A heavy focus on technical analysis and Insider News as well as providing signals for Binance and BitMex.
  • Approximate Post Rate: 1-2 signals per day.

Run by one of the most successful and prominent female figures in crypto, Wall Street Queen has been steadily climbing the rankings of most accurate and relevant news outlets in the market. Wall Street Queen is a 100% Free channel focused in providing technical analysis, and only the most important and unreleased news and announcements, handpicked by the Queen herself.

Even though Signals are sporadic in the channel (generally 15-20 per month), they hold one of the highest accuracy rating sin the market, with a historical 96.5% accuracy and a verified profitability that would make any other “expert” order cry.

6. Crypto Inner Circle® (@CryptoInnerCircle)

  • Number of Subscribers: +57k.
  • Focus/Description: Alton trading (spot and leveraged)
  • Approximate Post Rate: 2-3 signals per day.

These guys have one of the greatest and most responsive trading teams in the market, offering personalized charts and technical analysis for every single call. We’ve been following them for a while now and we can tell you with unparalleled confidence that Crypto Inner Circle’s free channel is more profitable and active than most other channel’s VIPs.

Their main focus lies on spot and low leverage alt coin trading, area. In which they’ve proven over and over again to be the best. Each trade, chart, analysis and results (both profits and losses) are available to the public making Crypto Inner Circle one of the most transparent Telegram Channels we’ve seen so far.

7. Yo Crypto 2.0 (@YoCrypto)

  • Number of Subscribers: +13k.
  • Focus/Description: A heavy focus on technical analysis as well as providing signals for Binance and BitMex.
  • Approximate Post Rate: 1-3 signals per day.

One of the oldest Telegram trading channels still standing and running, their admins are extremely responsive and active with their members both VIP and free. Their highly accurate and digestible signals have gained them a spot on our list as one of the top trading channels out there.

Integrating auto trading (just like FRI and Binance Killers) it’s a good option for part time traders looking for a less time intensive yet profitable experience in this market.

8. Alt Signals (@AltSignals)

  • Number of Subscribers: +55k.
  • Focus/Description: Altcoin signals on multiple exchanges
  • Approximate Post Rate: 2-3 signals per day.

All the members in the Alt Signals team is a professional in its area, making this new and signal provider one of the most accurate and trustable sources in the market. As far as alt coins go, they’ve been known for a very long time for catching perfect bottoms on most of their trades.

Even though their short and mis term trades trades can be decently profitable, what Alt Signals really shines for is its long term calls which are known to reach 3x, 5x and even 10x from their entries.

Conclusion

That concludes our list of the Best X Crypto Signal Auto Traders for BitMEX and Binance Futures Each group has their own strengths and unique selling points, so make sure to do your own research to figure out which group is the best for you.