A trading bot is a software program that performs automated buying and selling of financial assets. It is also known as an automated trading system (ATS).

Trading bots are used in various markets, such as stocks and cryptocurrencies. They allow trading in volatile environments without the need for constant supervision.

How they work

They request information from the exchange, such as prices and technical indicators

They process the information with predetermined algorithms

They send trading decisions to increase capital

Advantages and risks

They can help avoid emotional decisions about transactions

They can generate stable profits

They can operate 24 hours a day, 7 days a week

Risks Smart contract risks, Custody risks.

Considerations when choosing a trading bot Bot features, Compatibility with various platforms, Security measures.

Some trading bots: GoodCrypto's Bitcoin trading robot, GoodCrypto's Binance API trading bot, Dash 2 Trade

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