10 Best Crypto Trading Robots

10 Best Crypto Trading Robots
Cryptocurrency trading bots are hands-free programs that execute specific tasks based on user configurations to deliver the highest amount of profit to the user. Alex Knight/Unsplash
Benzinga
Updated:

Cryptocurrency trading bots are hands-free programs that execute specific tasks based on user configurations to deliver the highest amount of profit to the user.

An investor interested in using a trading bot would connect the chosen bot to their exchange using an API—this is what gives the program access to act on the investors’ behalf while away from their screens. Furthermore, an investor can set parameters via their exchange, effectively limiting what the API can execute.

How it works

The bot will scan an exchange, seeking to execute the users’ configurations. When the bot-set parameters are triggered by the information it receives from the exchange, it will execute the trade automatically.