What is a crypto trading bot?
A crypto trading bot is a software solution that allows users to automatically buy and sell cryptocurrencies. The bot uses automated trading and investment strategy and helps you to trade at the right place and at the right time.
How do bots trade?
Cryptocurrency trading bots analyze the market changes, assess its data, and evaluate trading trends. All this information helps them to estimate risks of losses and expected profit, and then make a final trade decision.
Are crypto trading bots safe?
Yes, they are. You should keep in mind that a trading bot is only a solution, the rest depends on you and the bot settings.
Are cryptocurrency trading bots easy to use?
Even though the architecture of the product is complex, crypto trading bots have a user-friendly interface. In general, you don’t need special knowledge to deal with the bot, but the bot’s features and settings also influence the complexity of its usage.
Can I use one bot to trade on multiple exchanges?
Yes, you can use one cryptocurrency trading bot to operate on multiple platforms.
What are the system requirements?
All algorithms are executed on the server side, and you will manage algorithms from a lightweight and user-friendly application. Thus, you don’t need any special system requirements.