Bots for Trading on Cryptocurrency Exchanges

Cryptocurrency trading is gaining popularity among users. Many people realize that this is a complex process that requires some preparation and skills.

Therefore, users are trying to find a way out and use bots to trade cryptocurrency. But how far is this the right approach and is it possible to earn something in the future with the help of robots?

Automated trading has long established itself in trading binary options on Forex, and now it has come to cryptocurrency exchanges. What is a cryptocurrency trading bot, is it possible to trust such a program, and which robots are the most reliable?

A robot (bot) is a program that has a specific algorithm. It buys or sells assets based on market conditions. The first robots for trading appeared in 2012, and since then they have become more and more perfect. According to some estimates on Forex and binary options, more than 90% of short-term transactions are concluded either by bots or with their participation.