Main types of crypto bots:
1. Arbitrage bots
🔁 Earn on the price difference of the same asset on different exchanges.
📌 Example: buy BTC on Binance at a lower price and sell it for a higher price on Coinbase.
2. Grid bots (grid trading)
📊 Place buy and sell orders at different price levels.
⚙️ Effective in sideways (flat) markets.
3. DCA bots (dollar-cost averaging)
🧩 Regularly buy an asset for a fixed amount, reducing the average entry price.
👌 Suitable for long-term investing.
4. Trend-following bots
📈 Monitor trend movement — buy during an uptrend, sell during a downtrend.
⚠️ Can give false signals during flat markets.
5. Market-making bots
💧 Create liquidity by placing buy and sell orders near the current price.
📉 Earn on the spread between prices.
6. AI/ML bots
🧠 Use machine learning and AI for market movement predictions.
🧪 The technology is still in development and requires testing.
7. Copy-trading bots
📋 Automatically replicate the trades of experienced traders.
🤝 A good option for beginners.
🔐 Important: Always test the bot on a demo account or with a small capital. Bots do not guarantee profit — they are just a tool.