|Greetings to all!| |-|

Asslamo-alikum to all of my friends of **Steem Alliance Community**.Is everything is ok? my friends.Good morning and happy sunday to all the friends.Hoping all friends are fine and will enjoy the weekend.I'm here again for posting and the topic is trading bots in cryptocurrency.I will try to explain them. |

What Are Trading Bots In Cryptocurrency?

| |-| ![image.png](https://cdn.steemitimages.com/DQmWZUTtN9LZBotawBMT9sRHzWx51xiVz1trDeV37FijuNM/image.png) ^{[Freepik](https://www.freepik.com/free-vector/hand-drawn-ai-investing-illustration_133738621.htm#fromView=search&page=2&position=0&uuid=75b378ad-3b99-4bc3-bc69-8502e93d5580)} **Definition**:- Crypto trading bots are the designed automatic programs, that perform the role or making trades and making profit for the trader in these trades.They are just automated computerized programs that work according to predefined knowledge or according to the latest market strategies base on different points.They have to designed like that, they collect the information from crypto market, like market trend , price fluctuation, different analysis etc.According to these tactics, they buy and sell the crypto assets without the human involvement.They don't need any human for selling or buying the crypto assets.

Explanation:- These bots are used for perfessional trading, because they don't have the emotions in which they tired or feel hopeless, they just work according to the strategies for making profit for traders.These are the tools that has been designed and according to the input information or strategies they makes trades in crypto market and these trades can also goes in loose.It doesn't confirm that they will just make profit, they can also goes in loose, so it means they are a bit risky in the cryptocurrency.These bots are almost free on different exchanges and by downloading apps , any trader can use them for trading.

They works according to the leverage and the different tactics and analysis of market, and they work in the specific criteria and work according to the strategies.They are in different types like some trading bots are following the market trend bots, some bots are arbitrage trading bots and some are scalping trading bots, as like i explained about scalping trading in mine last post.So these work according to theirs type work in the crypto market.The risks are can be technical issue , and none of flexibility, so checking all the information and risks you can use them.They have also some advantages that I'm going to share: |
Advantages Of Trading Bots In Cryptocurrency
| |-| ![image.png](https://cdn.steemitimages.com/DQmfBwwk9z4uxZSRTQ6UjRKVAvBspe8dnfreR2ncURRQ3Vw/image.png) ^{[Freepik](https://www.freepik.com/free-vector/program-analyzing-ai-robot-artificial-intelligence-automated-process-data-reporting_3629608.htm#fromView=search&page=1&position=42&uuid=75b378ad-3b99-4bc3-bc69-8502e93d5580)} They are profitable and that's why many trades using them for doing trading in cryptocurrency's market, because without advantages who can use them.Below are some major advantages of crypto trading bots for trading:

Non Stop Work:- Crypto trading bots, don't stop their work in single second.They work 24/7.They makes different trades and some trades end and they make continues new trades.So it can't be stop and they work consistent.They work regular and complete their work. 0% Emotions:- These bots are free from emotions like humans, because human can be face emotional feeling in trading and can face loose, but these are emotionless and work according to the strategies.Their is no type of emotions or feelings in the trading bots. Proper Efficient:- These bots are efficient and work faster than humans, they collect the information very fast more than humans.They follow different market trends and strategies for doing trading in the cryptocurrency's market.So, these are the major advantages of crypto trading bots.

Conclusion:- So friends, that's all about the trading bots in cryptocurrency.They are automated computerized programs or tools that make trades which means sell and buy crypto assets according to the input information or strategies and by following the market.They include some risks and also have many advantages.Hoping mine all friends will learn about crypto trading bots from this post.Good Bye! _{Posted using [SteemPro Mobile](https://play.google.com/store/apps/details?id=com.steempro.mobile)}