Software Alternatives, Accelerators & Startups

OctoBot.cloud VS Binance

Compare OctoBot.cloud VS Binance and see what are their differences

OctoBot.cloud logo OctoBot.cloud

Stay ahead of the crypto game with OctoBot using automated strategies. Run the best trading strategies easily and for free. OctoBot is an open source trading bot capable of running many types of strategies such as Grid, DCA, AI strategies.

Binance logo Binance

Cryptocurrencies exchange platform
  • 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 Grid, DCA, AI 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.

  • Binance Landing page
    Landing page //
    2023-05-09

OctoBot.cloud features and specs

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

Binance features and specs

No features have been listed yet.

OctoBot.cloud videos

Introducing OctoBot cloud

Binance videos

Binance US Review: What You NEED to Know!

More videos:

  • Review - Binance Review
  • Review - Binance Review 2019 - Is This the Best Exchange?

Category Popularity

0-100% (relative to OctoBot.cloud and Binance)
Cryptocurrencies
11 11%
89% 89
Cryptocurrency Trading
100 100%
0% 0
Cryptocurrency Exchange
0 0%
100% 100
Cryptocurrency Investment

Questions and Answers

As answered by people managing OctoBot.cloud and Binance.

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

Share your experience with using OctoBot.cloud and Binance. For example, how are they different and which one is better?
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Reviews

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

OctoBot.cloud Reviews

  1. 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
    👍 Pros:    Telegram bot|Free to use|Open-source
    👎 Cons:    Paid editor

Binance Reviews

  1. Best cryptocurrency exchanges on the market

    I have been using Binance for over a year, the user interface is intuitive, which makes it simple for beginners to get started, the fees are competitive. Overall, Binance has been a great choice for my trading needs

    🏁 Competitors: Bybit, , Coinbase

5 Top Cryptocurrency Exchange APIs for Developers
Quick Overview: Binance API is highly reliable and widely used in the cryptocurrency community. It offers extensive documentation and support for spot and futures trading, with WebSocket and RESTful endpoints ensuring efficient communication. Although it requires a thorough understanding of trading concepts, Binance API remains a stalwart choice for traders seeking a...
Source: bitcoinist.com
Best Crypto Exchanges in Europe in 2022 (Ranked and Reviewed)
Altcoins are any cryptocurrencies other than bitcoin, including Ethereum, Cardano, Solana, and Binance Coin. We can say that the best European cryptocurrency exchanges are also the best altcoin exchanges. You can buy altcoins in Etoro, Coinbase, Binance, Crypto.com, and in many other platforms, such as Kraken, Bitpanda, Nexo, etc.
6 Best Coinbase Alternatives for 2022
Unlike eToro, Binance offers no real education or beginner training. The platform caters to people who’ve been trading with crypto for at least a while. Its “Binance Wallet” supports daily traders well, but new investors may find it tricky to use at first.
BEST 25 Coinbase Alternatives (2021 Update)
Binance is a crypto exchange that offers a platform for trading more than 150 cryptocurrencies. This is a strong coinbase alternative that has an API that helps you to integrate your current trading application.
Source: www.guru99.com
20 BEST Bitcoin Wallets | Top Crypto Wallets in 2021
Binance is one of the best platforms to create bitcoin wallet that offers a platform for trading more than 150 cryptocurrencies. It provides an API that helps you to integrate your current trading application.
Source: www.guru99.com

Social recommendations and mentions

Based on our record, Binance seems to be more popular. It has been mentiond 2 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.

OctoBot.cloud mentions (0)

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

Binance mentions (2)

  • Withdraw Binance.com to Binance.us account
    Hello support. I'm in the US and have a Binance.com account I opened back in 2017. I recently tried to withdraw from this account and withdrawals have been suspended. I was unaware that I needed to migrate to binance.us. I have not yet filed an appeal. I just opened a binance.us account and am awaiting appeal. I'm unable to verify on binance.com/en because there is no option for US users. If my withdrawals are... Source: over 2 years ago
  • "Verify failed, please reload and try again" - Binance.US
    Same, had a problem with binance.com/en, thinking it was "English", instead of binance.US. So confusing. Now, nothing works. Maybe I am dumb for thinking that binance.com/en is not the US version? Source: about 3 years ago

What are some alternatives?

When comparing OctoBot.cloud and Binance, 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.

Coinbase - Bitcoin, safe and easy.

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

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.

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.

changelly - Exchange alternative cryptocurrencies.