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Trading bot
A trading bot is a computer program that uses algorithms and machine learning to execute trades automatically on behalf of a trader. These bots can be programmed to analyze market data, such as price movements and trading volume, and make buying or selling decisions based on predefined criteria.
The biggest benefit of using a crypto trading bot is that it may run continuously without the requirement for regular operator supervision.
As trading bots only rely on data and pre-established tactics to function, they can also be useful in removing emotions from the trading process. In doing so, traders may be able to avoid acting impulsively or irrationally out of fear, greed, or other emotions.