As cryptocurrency markets are starting to be bullish again, and as adoption continues, we feel that retail investors must have access to an Algorithmic Cryptocurrency Trading Platform that is powerful and easy to use.

Well, I’m pumped to say that Aesir’s new UX update makes creating a crypto trading bot easier than ever before.

With that in mind, allow me to give you a tour of the New UX and show you how easy it is to build a new cryptocurrency trading bot on Aesir.

To mark the occasion, we’re also giving all new users 50% OFF Forever on any premium plan with code AESIRBF50. Simply sign up at  and use the code at checkout.

How do Algorithmic Crypto Trading Platforms Work?

But first, a quick introduction into the concept of algorithmic trading and its potential.

Algorithmic Trading Platforms allow users to create a series of rules, that are continuously evaluated and executed, without any human intervention required. For instance, these rules can be as simple as a weekly DCA:

Buy BTC, ETH, DOT and SOL EVERY 1 Week, With an Order Amount of 100 USDT

The algorithm will then take these parameters and start placing orders according to it. This is just a minimal example, you can create strategies that contain complex logic based on Volatility, Technical Indicators and other market tools —

A more complex example would be:

Buy ANY COIN on Binance that GAINED more than 3% in the 2 MINUTES and the RSI is under 70

It’s this example that truly describes the advantage of trading algorithm over manual trading. A daytrader would simply not be able to analyse over 1000 assets in under a second and make a decision based on this analysis. But here you would be able to catch a coin that’s just about to spike up in price, because you’re constantly evaluating the price of all coins on the exchange.

So in a nutshell, a trading algorithm extends your ability to trade by adding powerful new tools in your arsenal. It goes without saying that the way you use these tools makes a big difference.

Now let’s get into the good stuff.

Improved User Experience

This is the originals configuration screen:

The “General Options Layer” is a set of configuration settings that must be defined for any strategy. These settings include parameters like trade amount, maximum number of open orders, coins to analyze, and exit strategies such as Stop Loss and Take Profit.

The “Layer Selection” screen allows you to add powerful logic that your trading bot will evaluate.

In this new update, we stripped this back and started with the basics — what kind of strategy would you like to create? DCA or Advanced? We’ve also included examples of profitable strategies that other people are already running.

The General Options layer has been broken down in to step by step parts that allow you to easily configure a bot. Here is where you be adding the coins you want the bot to analyze.

And this is where you would configure the rest of the General options for your bot.

Once you’ve set your desired amount per trade, timeframe and number of orders to analyze, you can continue to set your Stop Loss and Take Profit. One cool thing about Aesir is that it allows you to set a Trailing Stop Loss and Trailing Take Profit.

Next up — adding a logic layer:

This is where you select define the logic that your trading bot uses to manage your portfolio and place orders. Let’s add a Computed Indicators layer.

This module allows you to select between many Technical Indicator signals that are pre-computed by TradingView. These indicators return values such as “BUY”, “SELL” or “Neutral” instead of the actual value of the indicator, making it much easier to build a strategy around them. Simply select the indicators you want to trade based on and let Aesir do the rest.

You also need to specify you threshold. How many out of your chosen indicators need to return a “BUY” signal in order for the crypto trading bot to place a buy order.

Once you’re all done, give your strategy a name, and Save it.

That’s it — you have successfully built your first cryptocurrency trading bot with no code at all.

To get started, simply go to Aesir and create a new account. PS: Don’t forget to use the code AESIRBF50 for 50% OFF Forever on any premium subscription.