#StrategyBTCPurchase
Trading bots on Binance are automated tools that execute buy and sell operations for cryptocurrencies based on predefined parameters and strategies, without the need for constant intervention or emotions in decision-making.
How they operate:
Grid Trading (Spot and Futures): The bot divides your investment into several small orders within a defined price range. It buys when the price falls and sells when it rises, taking advantage of market volatility. In futures, it can also use leverage and open short positions.
Dollar Cost Averaging (DCA): It makes automatic periodic purchases to average the entry price, ideal for long-term investment.
Arbitrage Bot: It takes advantage of price differences between different markets or platforms to make profits without exposure to market risk.
Rebalancing Bot: It automatically adjusts the composition of your portfolio to maintain a diversified and balanced strategy.