What are trading bots on Binance?
Trading bots are automated tools that operate 24/7, analyzing market data and executing trades according to pre-set parameters. Their goal is to eliminate emotions from the investment process, allowing for more objective and efficient decisions.
✅ Key benefits
- Total automation: They operate without manual intervention, seizing opportunities even when you are not connected.
- Speed and efficiency: They analyze and execute trades in milliseconds, crucial in volatile markets.
- Objective decisions: They eliminate emotions like fear or greed, relying on data and predefined rules.
- Investment management: Bots like the Rebalancing bot automatically adjust your portfolio to maintain a desired asset distribution.
- Risk reduction: They implement strategies such as diversification and stop-loss orders to minimize potential losses.
🛠️ Types of bots available on Binance
1. Spot DCA and Auto-Invest: Average the purchase cost over time.
2. Spot Grid and Futures Grid: Take advantage of volatility in sideways markets.
3. TWAP and VP: Split large orders into smaller trades to minimize market impact.
4. Rebalancing: Maintain a specific asset ratio in your portfolio.
Bots de trading de Binance: una guía para el trading automatizado de criptomonedas
