What is trading bot ?

[cryptolab1]

Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

[Dreamer]

A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!

[cryptolab1]

A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!

If I am not wrong the Binance has a feature that is limit . So we can also say that limit  is a internal trading bot features of Binance ?

[Goldlife]

Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Trading bot is basically a trading bot that will work according to your conditions and will do your job the way you want.  The trading board will be very helpful to you if you want to cancel True in any market. If you do not have time, you can keep all your information with the bot. The bot will cancel you accordingly and buy tokens as required.

[Review]

A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!

But is not this is risky mate? Because who know the bot may lead wrong command or the authority that provide the trading bot, try to steal your information or something else? I heard that always depending on trading bot is not the right thing and you may face a huge lose from it. But still if this helpful , why not use it for sometime according to our need?

[yawar20]

Well explained. As crypto currency as a whole connected to several computer/devices, every transaction is recorded by the network and record it publicly which is access by everyone who is connected to the network.

[Ysquare25]

Cryptocurrency trading bots are computer programs that automagically buy and sell various cryptocurrencies at the right time with the goal of generating a profit. That's literally it. Very simple!

[gulu_khan]

Trading bot is a software setup which is activated 24/7 and make trades automatically with no knowledge required. kucoin exchange provides there users this trading bot facility so which is buy and sell on his own and gives you a good profit...

[bmr]

Trading Bot is one kind of software by which anyone can buy or sell their assets. As it is bot so it can do early buy and sell which is not possible for human. But it is not work always positive.

[cryptopapa2346]

The world is developing very fast and the digital currency is about to revolutionize And AI bot is also part of the revolution
trading bot is for beginners who dont know much abut trading Complications thy can easily trade with trading bot

[gulu_khan]

The world is developing very fast and the digital currency is about to revolutionize And AI bot is also part of the revolution
trading bot is for beginners who dont know much abut trading Complications thy can easily trade with trading bot

Cryptocurrency trading bots are automated trading systems that make crypto-trading easier by simplifying the process of investing. One advantage is, they offer better efficiency and make fewer errors and without any greed or emotions..

[Istiak]

If you are a busy man and don't have enough time to analyze the market for trading, then you can use a trading bot. It is just a tool provided by the exchange for its users to execute pre-order trades with their pre-planned conditions. It is safe and flexible. That means you can tweak the settings to make the bot work to your conditions.

[Nowme]

Good question I've learned a lot from this post and also i want to know more about trading bot in crypto, I've seen these bots working but in forex future trade, but I'm a spot trading fella I will need this bot to help me in spot trading.

[kurumi Tokisaki]

A trading bot helps you to buy in small fluctuations where human hands can not work but i have seen these bots working on forex trading sites but i think they do not have much difference, but keep in mind some exchanges do not allow bots to trade.

[HeavLeighGill]

I see that people have already explained what a bot is but I'd just like to point out that I don't trust these. I had an online friend that lost a ton of money by relying on one of these...and he was thinking he was about to get rich, so just be careful!