Table of Contents
ToggleWhat Are Crypto Trading Bots?
Crypto trading bots can convert your cryptocurrency into fiat currency for you automatically when the market is volatile.
Types of Crypto Trading Bots
There are two types, one that trades crypto-to-crypto (CTC) and another which allows users to buy or sell with dollars rather than just being able to use them as an investment.
A trading bot comes preprogrammed with all necessary strategies so it doesn’t have any extra features needed but instead does its job well right out of box !
The second type of crypto trading bot is a cryptocurrency-to-cryptocurrency (CTC) trader. These bots allow users to trade between different cryptocurrencies, which means that you could be holding Bitcoin and then decide switch over Ethereum without having enter transaction details manually! A CTC Bot would let the trader make this seamless transition with no hassle whatsoever