Login All news Marketcap Crypto Glossary Exchange Crypto meme
2024 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

Trading Bot

Automated software application that is capable of trading (buy/sell) crypto currencies on public exchanges, based on a predefined set of rules.

Trading bots rely on technical analysis and other trading factors, that are different from one bot to the next ... most bots offer the options to alter settings, chose strategies, set targets etc ...

Bots use API's to communicate with exchanges that they trade on, which makes them a popular target for hackers. Poorly coded bots can pose a serious security threat so use them at your own risk.

It's a fact that BOTs can trade very effectively in certain market conditions, especially during bullish periods, but the situation changes when the markets start to fall.


Top Gainer24h
Nexus
$1720330
731634000000.00
Top Looser24h
Soarcoin
$0.344
-24.43
Crypto Glossary
Emission Curve
Emission Curve or Emission Schedule defines the way of how new coins will b…
Correction
Usually, when the price of a crypto currency moves significantly in one dir…
Centralized
In terms of Crypto currencies and Blochain technology, "centralized" refers…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.