3Commas

3Commas is an automated cryptocurrency trading platform that enables traders to build, backtest, optimise and execute trading bots while managing portfolios across multiple exchanges. Founded in 2017, it has become one of the better-known tools for retail and semi-professional crypto traders who want to apply systematic strategies without writing their own software. The problem it addresses is that cryptocurrency markets operate continuously and move quickly, making it impractical for individuals to monitor positions and execute trades manually around the clock. Managing accounts on several exchanges adds further complexity. 3Commas connects to exchanges through API keys and provides a single interface for automated and manual trading, allowing users to define rules for entries, exits and risk management that the platform executes on their behalf. Importantly, funds remain on the user’s exchange accounts rather than being held by 3Commas.

The platform’s bots include dollar-cost averaging bots, grid bots and signal bots that respond to TradingView alerts or custom webhooks, with options for long and short strategies on spot and futures markets. SmartTrade terminal features let users place orders with simultaneous take-profit, trailing stop-loss and multiple targets. Backtesting tools help evaluate strategies on historical data before committing capital, and a marketplace offers signals and strategy templates. Portfolio management features aggregate balances and performance across connected exchanges such as Binance, Coinbase, Kraken, Bybit and OKX, and mobile apps provide monitoring on the go. Security practices include API permission controls and two-factor authentication. 3Commas is aimed at individual traders, experienced crypto investors and small trading teams seeking automation and consolidated management. Educational resources, a community and customer support help newer users understand bot configuration, although automated trading still carries significant market risk that users must manage carefully. Pricing starts from around USD 37 per month with a free trial, and a free version with limited functionality is also available.