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A crypto trading bot is software that automates your trading processes. In other words, orders placed using your trading strategy are executed both automatically by crypto trading bots at your crypto exchange. As a result of the risk reduction, you have an edge over manual traders. 1. Pionex - The free cryptocurrency trading bots When working with Pionex, you don't have to interact with API keys. Pionex currently has 18 free cryptocurrency bots: Pionex Grid Trading Bot, Pionex Leveraged Grid Bot, Pionex Margin Grid Bot, Pionex Infinity Grid Bot, Dollar-Cost Averaging Bot, TWAP Bot, Trailing Take Profit Bot, Bitcoin Moon, Ethereum Moon, and Spot-Futures Arbitrage Bot  2. Kucoin - Beginners’ Trading Bot: Everybody knows KuCoin is an easy-to-use and protected cryptocurrency exchange. However, KuCoin provides a limited number of embedded trading bots, including Grid bots for both spot and futures markets, as well as a DCA bot. Because Kucoin is an exchange, these bots will be able to p...

What is a cryptocurrency trading bot? The crypto trading bot is a software, that automates the trade without human involvement. It’s working based on market research, pre-designed functionalities, and pre-defined algorithms. You can configure the trading bot to buy or sell  X amount of cryptocurrency at a specific price. For instance, once the price reaches a particular target, the trading bot automatically buys the bitcoins. Instead of using manual trading, it will automate trading based on some pre-defined data and algorithms. Instead of manual trading, many traders talk about cryptocurrency trading bots. It's employed for this purpose to produce significant returns quickly. Types of Crypto Trade Bots: There are so many types of crypto trading bots. While one can write algorithmic tactics according to their preferences, we have included a few popular bot strategies here for guidance. Scalping : These bots place many orders in the least amount of time to take advantage of small ma...