Software Alternatives, Accelerators & Startups

OctoBot.cloud VS BitPay

Compare OctoBot.cloud VS BitPay and see what are their differences

OctoBot.cloud logo 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.

BitPay logo BitPay

Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.
  • OctoBot.cloud octobot.cloud landing page
    octobot.cloud landing page //
    2023-12-22
  • OctoBot.cloud octobot.clooud landing page values
    octobot.clooud landing page values //
    2023-12-22

OctoBot is an open source trading bot capable of running many types of strategies such as Crypto baskets, AI, DCA, Grid and TradingView based strategies or TradingView automations. Each strategy can be customized and tested with paper trading and backtesting. OctoBot can be used for free using the open source version or by using its cloud based strategies.

  • BitPay Landing page
    Landing page //
    2023-10-05

BitPay

Website
bitpay.com
$ Details
-
Platforms
-
Release Date
2011 January
Startup details
Country
United States
State
Georgia
City
Atlanta
Founder(s)
Anthony Gallippi
Employees
100 - 249

OctoBot.cloud features and specs

  • Supported trading strategies: DCA, GRID, AI, TradingView
  • Supported exchanges: Most major exchanges
  • Testing strategies: Paper trading & Backtesting

BitPay features and specs

No features have been listed yet.

OctoBot.cloud videos

Introducing OctoBot cloud

BitPay videos

BitPay Debit Card Review - How Does It Work? [CRYPTO VISA CARD]

More videos:

  • Review - BitPay Review | Bitcoin Debit Card Review
  • Review - The Simple & Secure Way to Use Bitcoin on Newegg with BitPay

Category Popularity

0-100% (relative to OctoBot.cloud and BitPay)
Cryptocurrencies
26 26%
74% 74
Cryptocurrency Trading
100 100%
0% 0
Crypto Payments
0 0%
100% 100
Cryptocurrency Investment

Questions and Answers

As answered by people managing OctoBot.cloud and BitPay.

What makes your product unique?

OctoBot.cloud's answer

OctoBot focuses on transparency and accessibility. It is open-source and enables its users to automate most type of trading strategies for free using the open-source code or executable or directly by automating trading strategies free of charge on https://www.octobot.cloud/

Why should a person choose your product over its competitors?

OctoBot.cloud's answer

OctoBot provides transparent access to its strategies, their past performances and allows to test and use them for free for as long as necessary. Moreover, The fact that it's open-source makes it much more transparent than any closed-source competitor.

How would you describe your primary audience?

OctoBot.cloud's answer

Cryptocurrency investors looking for gains using automated trading strategies.

What's the story behind your product?

OctoBot.cloud's answer

Herklos and I created OctoBot in 2018 as an open source crypto trading robot at https://github.com/Drakkar-Software/OctoBot. Within the years, our Discord and Telegram community has grown enough for us to consider scaling to the next step.

A few years later, we now have partnerships with most major exchange (see https://www.octobot.cloud/en/guides/exchanges) and we are focusing on making automated crypto investment strategies easily accessible to any crypto investor, bypassing traditional monthly subscriptions.

Which are the primary technologies used for building your product?

OctoBot.cloud's answer

  • Python for OctoBot, the trading strategy engine
  • React & Nextjs for the frontend

User comments

Share your experience with using OctoBot.cloud and BitPay. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare OctoBot.cloud and BitPay

OctoBot.cloud Reviews

  1. Great free trading bot

    Great free trading bot, open source with a variety of strategies available. The cloud very is also a easy way to start your bot. Best bot I've tried overall.

    🏁 Competitors: 3commas, Cryptohopper
    👍 Pros:    Telegram bot|Free to use|Open-source
    👎 Cons:    Paid editor

BitPay Reviews

Best Crypto Payment Gateways 2024
BitPay has long been synonymous with crypto payments, offering robust solutions tailored to businesses of all sizes. Here’s what sets BitPay apart:
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
BitPay is one of the early crypto payment gateway platforms to offer crypto payment services to businesses. Its primary feature is, it protects users from the volatility of cryptocurrencies. When the transaction gets initiated, BitPay locks in the exchange rate so that the receiver gets the exact value of the deposit. It also has customizable settings for payouts.
Source: coingape.com
Top Crypto and Bitcoin Payment Processors - Accept Digital Currencies
Bitpay stands out as one of the leading crypto and Bitcoin payment processors in the world, renowned for its simplicity and efficiency. This US-based payment gateway has established itself as a trusted and dependable provider of open-source crypto wallets. Designed to offer a secure and user-friendly platform for global cryptocurrency transactions, Bitpay ensures that users’...
Source: originstamp.com
11 Best Crypto APIs for Developers
BitPay is a Bitcoin and cryptocurrency payment processor that enables merchants and consumers to instantly accept cryptocurrency as payment without risk or price fluctuations. Currently, credit cards can charge up to 3% in processing fees on every transaction. Compared to credit cards, BitPay only charges a flat 1% settlement fee for crypto-to-fiat bank conversion....
Source: medium.com

Social recommendations and mentions

Based on our record, BitPay seems to be more popular. It has been mentiond 43 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.

OctoBot.cloud mentions (0)

We have not tracked any mentions of OctoBot.cloud yet. Tracking of OctoBot.cloud recommendations started around Dec 2023.

BitPay mentions (43)

  • Top Brand Cycles now accepting Bitcoin Cash - A great idea for your next visit to the Bitcoin Cash City
    Plenty of software solutions like https://bitpay.com/ do this. Source: about 1 year ago
  • All you need to know about keeping your crypto safe and getting the best exchange rates (Ethereum edition)
    Also, both Crypto.com and Bitpay offer a debit card that can be loaded using crypto. It's actually quite convenient, but just understand that 1) once the money is in, you can't get it out, and 2) you can't use the card to purchase crypto (lol). And a bit of a pro tip, if you're looking to load one of these cards with, let's say, a few thousand dollars, make sure to swap your ETH to a stablecoin (i.e. USDC, USDT,... Source: about 1 year ago
  • Issue with gift card
    Can you message me the invoice ID? Once received, I will contact you from bitpay.com Support Channel. Source: about 1 year ago
  • How to make market website in HTML?
    1) Easiest: use a 3rd party API like BitPay. Downside: they charge a 1% + $0.25 for every payment. Source: over 1 year ago
  • Gorillas, militias, and Bitcoin: Why Congo’s most famous national park is betting big on crypto
    For example, an article on a crypto forum about how a particular company is 'accepting Bitcoin' will not point out that in most cases, the company in question is not actually accepting crypto, but instead partnering with an intermediary exchange who will accept crypto, convert it to fiat, and then pay the company. This is also the case with Paypal. They're lauded as now allowing people to buy/sell crypto, but in... Source: over 1 year ago
View more

What are some alternatives?

When comparing OctoBot.cloud and BitPay, you can also consider the following products

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.

Coinbase - Bitcoin, safe and easy.

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

CoinGate - CoinGate is a payment gateway for Bitcoin, XRP, Litecoin, Ethereum and 50 other cryptocurrencies.

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.

NOWPayments - NOWPayments is a crypto payment gateway that supports more than 300 cryptocurrencies, including fiat, and offers simple tools to accept crypto payments, like a crypto payments API, plugins, invoices.