Despite the contemporary advantages in the sector, such as an AI crypto trading bot or massive statistical arbitrage systems, the vast majority of retail traders and individual investors prefer doing everything using old-school techniques. Some ATS designs are excellent for people who do not want to stress over multiple positions that require consistent supervision. They are quite fine with a DCA robot that simply buys some crypto here and there.
Many Shrimpy competitors have much more diverse catalogs of products and may try to attract users by offering them high levels of flexibility and variety. However, a substantial number of users simply do not need such features. The core offering of the platform we are discussing here is hands-free management where all decisions are made by smart systems and do not require any additional tinkering on the part of a user.
This particular approach to running a portfolio may not be attractive to all investors but you would be surprised by the number of people who are interested in exactly that — a product that alleviates some of the burdens of managing assets and making decisions in stressful situations.
Why do people like crypto trading bots like Shrimpy?
Creating an effective investment strategy that relies on actively trading assets is not an easy task. Some argue that it is an impossible task. Nevertheless, one can easily create consistent strategies that can produce profits. For instance, market-making can be a good source of reliable income if you have a sufficiently large capital to work with. Statistical arbitrage is a great way to reduce risks and achieve the most optimal performance based on analytics.
In essence, many ATS strategies are incredibly efficient at delivering good performances in the long run. The problem is that many retail traders want profits here and now. Setups, like distributed cost averages and grid systems, can work well within periods of low volatility and may be added to a portfolio if you are particularly interested in trading specific assets consistently. You can also employ the DCA approach to amass certain assets for long-term holding. However, even these reliable systems must be employed carefully.
A retail trader interested in building an autonomous ATS must have several traits and types of experience:
- Technical analysis knowledge is a must. While it is possible to “blindly” activate a robot that seems to be something right, you must understand how ATS setups work and why they produce results that they ultimately deliver. Learning how to build a unique and effective analytical strategy on TradingView is extremely useful since many automation vendors allow you to send signals from this popular charting tool to trigger scripts. Make sure to spend some time studying indicators and analytical tools.
- Some technical know-how. Even the simplest and most intuitive platforms require users to understand how to create basic scripts and algorithms. It is necessary to understand how software operates on a more intimate level when attempting to run applications like GunBot and HummingBot where the GUI is partially substituted with the command line. Even using things like webhooks and API keys has a learning curve. Being prepared to acquire the necessary knowledge is a significant part of the process.
- Choosing the correct robots is another skill that is often overlooked by beginners. Newcomers without any prior experience tend to pick ATS setups based on what is recommended to them by the community or platforms themselves. However, many ready-made solutions may not be a good fit for certain portfolios. For instance, long-term holders of Bitcoin should deactivate liquidations of positions when utilizing a DCA bot crypto system. Creating a good portfolio of ATS strategies can be difficult even when the information is spoon-fed and assistance readily available.
- Using automation is not as straightforward as it may seem. If you compare Shrimpy and other trading bots, you will quickly realize that the former is much easier for newcomers to get on board. You don’t need to choose which strategy to utilize and how to activate robots. Instead, the platform does everything for you. It will initiate a portfolio rebalancing tool, set up order queues, and do all other things if you simply activate corresponding features.
This simplicity can be a blessing and a curse simultaneously. While many novice traders will appreciate the undemanding onboarding and hand-holding, experienced veterans will soon find the lack of flexibility and customization incredibly limiting. It is the main reason why so many investors are switching to providers that have less convenient yet more powerful and diverse products in their catalogs.
Shrimpy VS other crypto bots
One of the greatest advantages of the platform is its strong focus on delivering an excellent experience in terms of onboarding and getting newcomers up to speed. Since the service relies on users investing in as many assets across multiple CEXes as possible, it encourages users to focus on automating management and making purchases systematically. While it can be quite beneficial to some investors, many newcomers should not jump head-first into the dangerous, often uncharted, waters of the crypto market.
The true target audience is the relatively small group of investors who have some experience with digital assets and want to explore the world of DeFi further by investing in a variety of altcoins, layer-2 tokens, governance tokens, and other assets hoping to liquidate them at a higher price. With the current variety in the DeFi sector featuring 1,400 DEXes and thousands of different coins to choose from, managing all these holdings can be a chore.
To untangle the complicated web of different positions, stakes, and long-term holdings, using Shrimpy or similar tools seems like a necessity. While many experts strongly disagree that users need to automate portfolio management, many investors simply lack the experience and knowledge despite experimenting with dozens of different tokens simultaneously.
Below are some advantages of this particular platform:
- It is integrated with 8 different CEXes including Coinbase, Gemini, KuCoin, Huobi, and many others. With over $13 billion in assets under management across all these respectable exchanges, it is one of the leading providers of portfolio management solutions in the whole sector. Investors working on multiple CEXes from the list enjoy the simplicity of managing assets from a single dashboard.
- Automatic portfolio rebalancing is the flagship feature of the company. It is a novel approach to creating a stable composition of assets by allocating capital using weighting methods. Users can adjust limits, schedule rebalancing operations, and control risks using a variety of systems including stop-loss thresholds and more.
- Optimization based on historical data. The platform has amassed a lot of information about different strategies with over 300 million recorded trades across all 8 exchanges. It means that you can test a variety of settings, parameters, and assets to create a powerful strategy capable of performing well under all market conditions.
- Investors can invest in categories which function similarly to indexes on stock exchanges. It can be a good idea for many investors who are interested in the DeFi sector as a whole and would like to park their capital here without actually interacting with decentralized apps. The platform packs different tokens into indices that users can choose at any moment.
- Flexible pricing. Users are encouraged to pay annually to get the best discounts. When paying for the standard plan monthly, it is slightly more expensive compared to the market’s median. The most expensive plan that will work for experienced investors is quite pricey. On the other hand, you can run a very basic ATS here for free.
The benefits of working on this user-friendly platform often outweigh the disadvantages for users who are in the middle of the road between being a total newb and the gateway to the community of experienced veterans. However, both newcomers and investors with some acquired knowledge will be better off searching for Shrimpy replacement options that are cheaper, more versatile, and can be used on a larger number of CEXes.
For instance, WunderTrading, a popular automation vendor in the crypto market, is integrated with 14 different centralized exchanges, offers a massive social trading marketplace, and has a solid product lineup focused on various ATS setups. It is also cheaper per robot instance and can be used by people who want to apply their technical analysis expertise to the crypto market.
How to find the best Shrimpy alternatives
Over a hundred different automation services are available to crypto investors. The industry is still growing with a CAGR of 12.9%. It is expected to reach a massive $42.99 billion revenue in 2030 according to estimates by Grand View Research. Some studies report that over 65% of all individual retail traders and over 99% of institutions use various forms of automation to achieve better results and offload some tasks to ATS.
With the current level of diversity and saturation in the sector, finding a good platform can be challenging even for veterans. However, you can make a good choice by following very simple tips:
- Look for companies that have a strong track record. The reputation of a platform is an important metric, which can be hard to gauge by simply looking at reviews and talking to the community. It is a good idea to look for vendors with high volumes and large numbers of monthly active users. For example, TradingView, the biggest charting instrument in the sector, has over 50 million monthly active users.
- Security is quite important. While API connections are usually secure and cannot be tampered with, exchanges and automation platforms act as access points for hackers. You should be working with companies that employ robust security measures like two-factor authentication, audits by third parties, and more. Unfortunately, investors often forget that they are responsible for the safety of their assets more than any platform they interact with.
- You must have access to all advanced features that are staples in the world of crypto. Backtesting for strategy verification, bot customization for finer tuning of strategies, and real-time monitoring are hugely important tools. If you start working with a provider that has a shallow catalog without this crucial functionality, you won’t be able to create a consistently performing ATS setup that delivers results worthy of bragging about.
- Pricing is critical even if you have a large portfolio that can withstand losses easily. Over months and years, periodic payments add up and can make more than a dent in your earnings. It is important to avoid overpaying for features that you do not plan to use or subscription plans that offer more than will be utilized. You should also remember about hidden fees. For example, Pionex has a grid bot crypto product that you can use for free but each trade costs 0.05% in fees.
- Product variety. Another important factor to consider is the flexibility of the catalog. Over 72% of retail traders use a variety of strategies to increase the efficiency of their operations. You must have access to all sorts of tools like Distributed Cost Average or Dollar Cost Average (DCA), arbitrage robots, and grid systems. If you want to use the best crypto bots instead of Shrimpy, focus only on platforms that have deep product catalogs.
You can also talk with the members of the crypto community on Reddit, Discord, and other social media spaces to learn more about automated systems in general or look for platforms that are respected by investors. Note that you should also have access to several important features:
- Free trials or free subscription tiers. Testing a platform before committing is a good idea for the vast majority of investors. Use the trial period wisely and test as many features as possible.
- Strategy testers are hugely important and can be game-changing. Using historical data to estimate the potential of a strategy is incredibly useful. Check and double-check your ideas.
- Managerial instruments are often overlooked by investors. Having an informative dashboard that gives you the bird-eye view of the portfolio is an invaluable advantage!
Shrimpy and alternative platforms usually have all these features. However, the lack of any functionality can be detrimental for experienced investors interested in building a balanced portfolio that outperforms expectations. We strongly believe that it is important to use the finest platforms offering flexible functionality and satisfying user experience. Every single detail adds to the final outcome of your investment activities.
Searching for good vendors is never an easy task as you need to inspect dozens of companies. Having a good starting point can be valuable. Let’s talk about some of the options that are available to contemporary investors in the crypto ecosystem.
The best Shrimpy competitors in 2025
The automation industry has several distinct leaders. If you are interested in working with the best, it is a good idea to check them out first. Below are some companies that offer excellent products and great user experience.
- 3Commas is an established provider of different ATS strategies. The company is strongly focused on the social component. It has a marketplace of ideas where different third-party vendors sell signals, strategies, analytical instruments, ATS designs, and more. You can browse the shop to look for solutions that simply do not exist elsewhere. Copy trading is the flagship feature of the platform integrated with over a dozen of CEXes. You can follow experienced retail traders from various exchanges to build an ultimate social portfolio!
- Cryptohopper is another long-standing brand that has been around since 2017. It offers a wide range of ready-made solutions including DCA and grid systems that are among the best in the sector. The strong focus on technological innovation and delivering a great experience serves Cryptohopper well. It is a hugely popular destination for newcomers and veterans alike. The whole service is cloud-based and has a ton of customization options. You can use advanced risk-management features like trailing stop-losses.
- Pionex is a good choice for investors seeking cheaper alternatives to AS vendors. GRID and DCA robots are free but each trade costs 0.05% in fees. It follows that investors who have well-performing strategies benefit the most as paying fees on top of losing money in a trade is damaging to your portfolio. Many low-budget traders come here to avoid paying for robots when running strategies involving dozens of ATS instances simultaneously which can be expensive on platforms like 3Commas or Cryptohopper.
- TradeSanta is an interesting choice for people who do not like the idea of building their own rules and scripts. Here, you will find over a thousand different strategies that can be launched with a couple of clicks. TradeSanta is strongly focused on ready-made solutions deployable within minutes and even seconds. Whether this particular gimmick is up your alley is something that only you can decide. Otherwise, it is a good company that does not stand out.
- Coinrule is one of the priciest options out there. The biggest selling point here is convenience and simplicity. The platform has a very easy onboarding process and the GUI is designed to never confuse a beginner with complexity and an abundance of options. Instead, you will be guided through every step of the ATS creation process. However, this simplicity has a significant drawback: the platform offers limited customization options and does not have the same range of products as many other services in the list.
- WunderTrading is an industry-leading provider that focuses on delivering an all-around great experience. While many users are enjoying a variety of presets like DCA, arbitrage, and grid robots, one of the main advantages of the platform is its approach to innovation. You will find the latest AI-powered automated trading bot capable of running statistical arbitrage strategies incredibly useful when dealing with multiple assets at once. The social component is implemented very well with hundreds of featured traders from all supported CEXes. Backtesting, portfolio tracking, and other complimentary tools will improve your experience and make it easier to build a solid strategy.
When it comes to top alternatives to Shrimpy, the selection is limited to several excellent vendors like 3Commas, Cryptohopper, and WunderTrading. These are vendors that offer a flexible product that can be applied to any portfolio while allowing users to take control over risks. With features like backtesting and portfolio manager, you will be able to create an investment system that generates profits reliably and can deliver more than acceptable results in the long run.
Note that we do not endorse any of the platforms listed above and encourage our users to do their own research to find platforms that suit their requirements and portfolio compositions. These alternative providers should be considered starting points for those who are still searching for the best company to work with.