What is Safe Trader?
Safe Trader is your dedicated automated cryptocurrency trading bot for Coinbase, designed to operate entirely on your local machine. The trader is opinionated, conservative, and frankly, rather boring. But that's the point!
Problem
Users manually manage cryptocurrency trades on Coinbase, which is time-consuming and prone to emotional decisions, leading to missed opportunities and inconsistent strategies.
Solution
A local machine-based automated trading bot that executes conservative, rule-based trades on Coinbase 24/7. Users configure strategies (e.g., DCA, rebalancing) and let the bot handle execution without cloud dependencies.
Customers
Retail cryptocurrency traders on Coinbase, passive investors seeking hands-off portfolio management, and risk-averse individuals prioritizing capital preservation over high-frequency trading.
Unique Features
1. Runs exclusively on user’s device (no third-party API key sharing) 2. Predefined conservative strategies (e.g., dollar-cost averaging) 3. Transparent, non-speculative approach to avoid market timing risks
User Comments
Simplifies long-term crypto investing
Peace of mind with local execution
No subscription fees unlike cloud bots
Requires basic technical setup skills
Lacks advanced trading features for active traders
Traction
Launched v1.3 in Q2 2024 with multi-exchange support, 850+ GitHub stars, and 3k+ active installations (self-reported via product documentation). Revenue model: one-time $149 license fee.
Market Size
The global crypto trading bot market is projected to grow from $1.23 billion in 2023 to $4.74 billion by 2030 (CAGR 21.3%), driven by retail investor adoption (Fortune Business Insights).
