#BotOrNot A trading bot is an automated software that executes buy and sell operations of assets, such as cryptocurrencies, stocks, or forex, based on predefined algorithms. These bots operate 24/7, analyzing market data, identifying patterns, and executing trades quickly and accurately. They are popular for eliminating human emotions, such as fear and greed, and can be configured for various strategies, such as scalping, arbitrage, or trend following. However, they require constant monitoring and adjustments, as well as technical knowledge. Platforms like 3Commas and Pionex offer ready-made bots, but it is crucial to test them in simulation environments before using real capital.