Digital currencies are still fairly new. They’ve only been around for the last decade, so there’s not much historical data you can use to engineer a profitable crypto strategy. But, what you can do is join top-rated crypto telegram groups and try their trade signals. Crypto signal providers send trading tips throughout the day. These signals are backed by research and analysis, although it is up to you whether you want to use the signal.
While the Internet is flooded with many crypto signal providers, there’s only a handful you can rely on. In this article, we’re reviewing the best free crypto signal providers in 2021.
CoinSignals is one of our favourite crypto signal providers. It employs artificial intelligence (AI) trading robots that scan the cryptocurrency markets autonomously to look for good trading opportunities. When the bots spot an opportunity, CoinSignals will send out a signal. CoinSignals claims to have 350% and 467% from its Binance and Bitmex signals, respectively, which is pretty high.
If you want more signals, you can sign up for a monthly, quarterly, or annual plan. It costs 0.01 BTC, 0.03 BTC, or 0.1 BTC.
Active since 2014, CryptoSignals.org scored big in our analysis of the various crypto signal providers. It already has thousands of members on the platform, who use it daily to strike profitable deals in cryptocurrencies. All signals are sent in real-time and cover a wide variety of cryptocurrency markets. Some signals are based on crypto-fiat pairs, like BTC/USD (Bitcoin/US Dollar) and ETH/EUR (Ethereum/Euro), while others target crypto-cross pairs.
The other great thing about CryptoSignals.org is that it takes risk management very seriously. Most trades come with a maximum stop-loss of 1%. Premium plans are also available and can be cancelled at any time.
Learn2Trade is, by far, the best crypto signal provider. It has a loyal following of over 20,000 people, and the number is rising rapidly. While reviewing, we especially loved the quality of crypto signals offered by Learn2Trade. You will receive the crypto pair that the signal relates to, whether you should buy or sell, and what entry and exit prices to deploy. This includes all-important stop-loss and take-profit orders.
The crypto signals are distributed by a team of in-house professional traders, who have years of experience in the industry. Like most providers, Learn2Trade also provides premium plans for traders who want frequent signals.
4. MYC Signals
MYC Signals, which specialises in BTC futures traded on Binance, BitMex, and ByBIt, has a Telegram group of 30,000 members. The signals sent out by the team at MYC Signals target super-short term gains, which means it isn’t great if your horizon is more than a day.
As far as the premium account is concerned, users receive 20-30 crypto signals per month. You can go with either the one-month or three-month plan. There’s also the option of a lifetime membership, but we don’t suggest using it as it costs more than ₹70,000.