How does a crypto trading bot work?


A crypto trading bot works by connecting to cryptocurrency exchanges through APIs (Application Programming Interfaces). Once connected, the bot can monitor real-time market data, such as price movements, volume, and market trends. It uses this data to make decisions on when to buy or sell a specific cryptocurrency based on pre-configured algorithms and trading strategies. Users can adjust the settings and risk levels, and the bot will execute trades automatically according to these preferences. The bot’s objective is to optimize profits while minimizing risks, by taking advantage of market inefficiencies and trends.
See https://tradingbot.info/ for better reach.