Software Alternatives, Accelerators & Startups

Kryll.io VS OctoBot.cloud

Compare Kryll.io VS OctoBot.cloud and see what are their differences

Kryll.io logo Kryll.io

Kryll.io is the first intuitive flow-based platform for the definition of automated trading strategies.

OctoBot.cloud logo OctoBot.cloud

Stay ahead of the crypto game with OctoBot using automated strategies. Easily invest using the best Crypto baskets, AI, DCA and grid strategies for free. OctoBot is an open source trading bot capable of running many types of strategies.
  • Kryll.io Landing page
    Landing page //
    2022-09-03
  • OctoBot.cloud octobot.cloud landing page
    octobot.cloud landing page //
    2023-12-22
  • OctoBot.cloud octobot.clooud landing page values
    octobot.clooud landing page values //
    2023-12-22

OctoBot is an open source trading bot capable of running many types of strategies such as Crypto baskets, AI, DCA, Grid and TradingView based strategies or TradingView automations. Each strategy can be customized and tested with paper trading and backtesting. OctoBot can be used for free using the open source version or by using its cloud based strategies.

Kryll.io features and specs

  • User-Friendly Interface
    Kryll.io provides a clean and intuitive interface that allows users, even without programming skills, to create and manage trading strategies using drag-and-drop elements.
  • Strategy Builder
    The platform offers a visual strategy builder, enabling users to design complex trading algorithms without needing to write code, which is ideal for both beginners and advanced users.
  • Backtesting and Simulations
    Kryll.io allows users to backtest their trading strategies on historical data to evaluate potential performance and optimize their strategies before going live.
  • Marketplace
    Users can access a marketplace where they can buy, sell, or rent pre-built trading strategies, providing a collaborative environment to share and capitalize on trading strategies.
  • Real-Time Monitoring
    The platform provides real-time monitoring of active trading strategies, giving users the ability to track performance and make adjustments on the fly if necessary.

Possible disadvantages of Kryll.io

  • Subscription Costs
    While Kryll.io offers a range of features, it operates on a subscription model, which might be costly for casual or small-scale traders.
  • Learning Curve
    Despite its user-friendly interface, some users may still find a learning curve when it comes to understanding and optimizing complex trading strategies.
  • Market Dependence
    Like any trading platform, success is dependent on market conditions, and there's always a risk of loss in trading, which users need to be aware of.
  • Limited Asset Support
    Kryll.io may not support every cryptocurrency asset or exchange, which could limit trading opportunities for users interested in niche markets.
  • Potential for Over-Optimization
    There is a risk that users may over-optimize strategies based on historical data, which may not perform as well in live market conditions.

OctoBot.cloud features and specs

  • Supported trading strategies
    DCA, GRID, AI, TradingView
  • Supported exchanges
    Most major exchanges
  • Testing strategies
    Paper trading & Backtesting

Kryll.io videos

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OctoBot.cloud videos

Introducing OctoBot cloud

Category Popularity

0-100% (relative to Kryll.io and OctoBot.cloud)
Cryptocurrencies
48 48%
52% 52
Cryptocurrency Trading
38 38%
62% 62
Cryptocurrency Investment
Automated Trading
100 100%
0% 0

Questions and Answers

As answered by people managing Kryll.io and OctoBot.cloud.

What makes your product unique?

OctoBot.cloud's answer:

OctoBot focuses on transparency and accessibility. It is open-source and enables its users to automate most type of trading strategies for free using the open-source code or executable or directly by automating trading strategies free of charge on https://www.octobot.cloud/

Why should a person choose your product over its competitors?

OctoBot.cloud's answer:

OctoBot provides transparent access to its strategies, their past performances and allows to test and use them for free for as long as necessary. Moreover, The fact that it's open-source makes it much more transparent than any closed-source competitor.

How would you describe your primary audience?

OctoBot.cloud's answer:

Cryptocurrency investors looking for gains using automated trading strategies.

What's the story behind your product?

OctoBot.cloud's answer:

Herklos and I created OctoBot in 2018 as an open source crypto trading robot at https://github.com/Drakkar-Software/OctoBot. Within the years, our Discord and Telegram community has grown enough for us to consider scaling to the next step.

A few years later, we now have partnerships with most major exchange (see https://www.octobot.cloud/en/guides/exchanges) and we are focusing on making automated crypto investment strategies easily accessible to any crypto investor, bypassing traditional monthly subscriptions.

Which are the primary technologies used for building your product?

OctoBot.cloud's answer:

  • Python for OctoBot, the trading strategy engine
  • React & Nextjs for the frontend

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Kryll.io and OctoBot.cloud

Kryll.io Reviews

  1. Kryll is my Go-To Trading Bot Platform

    I recently discovered kryll.io's trading bot strategy editor and I have to say, I'm thoroughly impressed! As someone who has tried several other trading bot platforms, I can confidently say that kryll.io's editor stands out for several reasons.

    Firstly, the editor itself is incredibly user-friendly and intuitive. Even as a relative newcomer to the world of trading bots, I was able to easily create and fine-tune my strategies with ease. The drag-and-drop interface makes it easy to add and adjust indicators, conditions, and actions, and the real-time preview feature allows you to see exactly how your strategy will behave in the market.

    But what really sets kryll.io apart is the sheer range of tools and features available. the platform is incredibly reliable and fast. I've had zero issues with lag or crashes, and my bots have executed trades flawlessly.

    I highly recommend kryll.io anyone looking to automate their trading strategies.

    🏁 Competitors: 3commas, Cryptohopper, TradeSanta, Shrimpy, Zignaly
    πŸ‘ Pros:    No-code|Quick and easy|Efficient|Non-custodial trading terminal|Paper trading|Future trading|Transparent trading bot marketplace|Token swap|Pay per use|Tokenomics|Webhook
    πŸ‘Ž Cons:    Token needed|No customer support by phone
  2. The only good crypto bot platform.

    I've been using Kryll.io for a few months now, and it's hands down the best automated trading platform available. The user interface is intuitive, making it easy for me to create and customize my trading strategies. The range of tools and indicators provided has significantly improved my trading efficiency, and I've seen a noticeable increase in my profits on my Binance. I recommend using the bots already made to start as there's already some pretty good ones.

    🏁 Competitors: 3commas, Shrimpy, Cryptohopper
    πŸ‘ Pros:    Algo|High profitability
  3. Nelson
    Β· Data analyst at Agenco Β·
    Best trading bot platform

    I have tried a lot of trading bot platform, but I must say this one really surprised me!

    🏁 Competitors: 3commas
    πŸ‘ Pros:    Easy to use|Convenient|Nice interface|Nice feature|Powerful,unique
    πŸ‘Ž Cons:    Once had a bug, but it was fixed

OctoBot.cloud Reviews

  1. Jack Del Pakiot
    Great free trading bot

    Great free trading bot, open source with a variety of strategies available. The cloud very is also a easy way to start your bot. Best bot I've tried overall.

    🏁 Competitors: 3commas, Cryptohopper
    πŸ‘ Pros:    Telegram bot|Free to use|Open-source
    πŸ‘Ž Cons:    Paid editor

Social recommendations and mentions

Based on our record, Kryll.io seems to be more popular. It has been mentiond 5 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Kryll.io mentions (5)

  • Invalid triggered price
    I am running a small test on KuCoin Futures with kryll.io, I got an error on one of the 7 trading pairs Invalid triggered price. Small tests, but can you explain what that error means? Source: almost 2 years ago
  • Laughing Spanish dude goes through the Luna crash
    This kryll.io team really has the embedded shill strat locked down dont they? Source: almost 3 years ago
  • Why Kryll?
    $KRL I just added more check out the website kryll.io. Source: over 3 years ago
  • Looking for someone to code a bot for crypto trading
    Give a look at https://kryll.io. Web app that can be great help for you. Source: almost 4 years ago
  • Do any of you make money not directly AlgoTrading
    Give a look at https://kryll.io, they made a marketplace where you can rent the algos you create without letting users see directly the code : they only can backtest your algo. Source: about 4 years ago

OctoBot.cloud mentions (0)

We have not tracked any mentions of OctoBot.cloud yet. Tracking of OctoBot.cloud recommendations started around Dec 2023.

What are some alternatives?

When comparing Kryll.io and OctoBot.cloud, you can also consider the following products

Cryptohopper - Cryptohopper is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use, powerful and extremely safe. Trade your cryptocurrency now with Cryptohopper, the automated crypto trading bot.

3commas - 3commas.io provides tools for cryptocurrency traders and investors.

HaasOnline - Best crypto trading bot platform trusted by thousands of traders.

Trality - Trality is an automated investing platform offering fully automated bots and portfolios through its innovative Marketplace. The marketplace enables investors to discover, review and rent profitable trading bots created by other expert Trality users.

Zignaly - Zignaly, a crypto trading bot platform to trade automatically even while you sleep. Never miss a trade opportunity again. Start your free trial today!

Coinrule - Coinrule empowers traders to compete with professional algorithmic traders and hedge funds.