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What are Crypto Trading Bots?   


Kelly Jackson
@Kelly.Jackson · Posted 07 Feb. 2022


Liam Davis
@Liam.Davis · Updated 07 Feb. 2022

The world of crypto trading has become increasingly complex over the years. A large number of exchanges, trading pairs, and coins mean that there are more opportunities than ever to make money. However, the speed of the market means that humans can’t keep up, meaning that a lot of people have started using crypto trading bots. These are programs that can make trades on your behalf automatically, allowing you to exploit the market without having to spend hours in front of a screen. Trading robots, or “bots,” are automated software programs that execute trades on a set of rules programmed by humans. They have been used in traditional markets for decades, but have only recently been adapted for Crypto.


Alfred Evans
@Alfred.Evans · Updated 07 Feb. 2022

When people think about investing, they often think of the stock market. But investing doesn’t have to be confined to the world of stocks and bonds. Today, you can invest in everything from real estate to cryptocurrency. One of the fastest-growing investing markets is cryptocurrency. Trading bots are automated programs that execute trades on the financial markets, usually without any human intervention. Some traders use bots to perform simple strategies like “continuous trading” (where a bot places small trades continuously without any human intervention), but others use them to run advanced algorithms to make complex trading decisions. In the world of cryptocurrencies, trading bots are used to execute cryptocurrency trades automatically.


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