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hummingbot VS Freqtrade

Compare hummingbot VS Freqtrade and see what are their differences

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hummingbot logo hummingbot

Automate crypto trading with your own market making bot

Freqtrade logo Freqtrade

Freqtrade is a cryptocurrency trading bot that is developed in Python and supported many exchange marketplaces like Binance, Bittrex, FTX, Kraken, and others.
  • hummingbot Landing page
    Landing page //
    2023-10-01
  • Freqtrade Landing page
    Landing page //
    2023-10-18

hummingbot features and specs

  • Open Source
    Hummingbot is open source, meaning the source code is publicly accessible. Users can audit the code, contribute to development, and customize the bot to their specific needs.
  • Customizable
    The platform allows for vast customization of trading strategies through scripting and configuration files, catering to both novice and experienced traders.
  • Supports Multiple Exchanges
    Hummingbot supports multiple cryptocurrency exchanges, providing users with the flexibility to execute arbitrage and market making across various platforms.
  • Community and Support
    An active community and comprehensive support resources including documentation, forums, and active developers help users troubleshoot issues and optimize their trading strategies.
  • Free to Use
    Hummingbot can be used for free, which lowers the barrier to entry for individuals interested in algorithmic trading.

Possible disadvantages of hummingbot

  • Technical Complexity
    Setting up and configuring Hummingbot can be technically challenging, requiring a certain level of programming knowledge and familiarity with command-line interfaces.
  • No GUI
    Hummingbot lacks a graphical user interface (GUI), making it less user-friendly for those who are not comfortable using text-based command inputs.
  • Limited Customer Support
    Though there is an active community, official customer support is limited, which can be a drawback for users who require more direct assistance.
  • Resource Intensive
    Running Hummingbot can be resource-intensive, requiring a computer with sufficient processing power and stable internet connectivity for optimal performance.
  • Security Risks
    As with any open-source software dealing with financial transactions, there are inherent security risks. Users must ensure they follow best practices for securing API keys and confidential information.

Freqtrade features and specs

No features have been listed yet.

hummingbot videos

+ Add

Liquidity Mining 101 - Using Hummingbot to join liquidity mining for new or inexperienced users

More videos:

  • Review - Building a market making strategy using Hummingbot - Part 1
  • Tutorial - [Hummingbot School] Lesson 2 - How to arbitrage using hummingbot? | Crypto high frequency trading

Freqtrade videos

+ Add

Optimize Trading Strategies Using Freqtrade Crypto Trading Bot

More videos:

  • Review - Intro to FreqTrade | Build your own Cryptocurrency Trading bot!
  • Review - Trading CryptoCurrency with FreqTrade Explained | config, strategies, Order Book Simplified

Category Popularity

0-100% (relative to hummingbot and Freqtrade)

hummingbot

Freqtrade

Cryptocurrencies
68 68%
Cryptocurrencies
32% 32
Trading
100 100%
Trading
0% 0
Business & Commerce
0 0%
Business & Commerce
100% 100
Crypto
100 100%
Crypto
0% 0

User comments

Share your experience with using hummingbot and Freqtrade. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, hummingbot seems to be more popular. It has been mentiond 17 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.

hummingbot mentions (17)

  • Bot for my own DCA-Plan
    I found this one called hummingbot and one of cryptomaton (an user from this sub). Source: about 2 years ago
  • What are the benefits of developing your own tools vs using pre-made ones like metatrader when time and costs are not considered?
    As a tool-maker (I"m one of the founders of hummingbot.org), my advice is to figure out what parts of your strategy is core to its success, and which parts are non-core and generic. Use tools to "outsource" the non-core bits so that you can focus on the core parts. Source: about 2 years ago
  • I'm thinking about going to school so I can earn more and buy way more crypto while also not ruining my quality of life. need your advice and suggestions
    Tradingview.com - subscription cost Https://github.com/TheHolyRoger/RogerThat - no cost Https://hummingbot.org/ - no cost. Source: about 2 years ago
  • Pulling bLUNA/LUNA price using python script
    Btw https://hummingbot.io/ not sure Terra is supported yet tho. Source: almost 3 years ago
  • Crypto Arbitrage Bot on Ethereum Blockchain
    Check out https://hummingbot.io. They are built for market making and arbitrage strategies. It has built-in support for a number of centralized exchanges as well as Ethereum, Terra and other protocols common for DeFi (what it sounds like you're trying to do). It's also written in python so it's easy to extend if it does not do what you want/need out of the box. Source: over 3 years ago
View more

Freqtrade mentions (0)

We have not tracked any mentions of Freqtrade yet. Tracking of Freqtrade recommendations started around Jul 2021.

What are some alternatives?

When comparing hummingbot and Freqtrade, you can also consider the following products

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

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

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.

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.

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.

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

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