What are Crypto Trading Bots?

Crypto trading bots are automated software programs that buy and sell cryptocurrencies on behalf of the user. These bots can be configured to follow certain trading strategies and trade 24/7 on global exchanges. Some crypto trading bots are simple programs that execute basic buy and sell orders. In contrast, others are more sophisticated and can perform advanced tasks such as arbitrage (buying low on one exchange and selling high on another). Crypto trading bots are becoming more popular among cryptocurrency…