What is a Crypto Trading Bot?

Channel:
Viet Nam WithStefan | AI, Tech, & Real Life
Subscribers:
1,630
Published on ● Video Link: https://www.youtube.com/watch?v=rcAZjT_5nFA


Duration: 0:56
7 views
0

A cryptocurrency trading bot is a computer software or application that executes cryptocurrency transactions on your behalf depending on predetermined circumstances. Most crypto trading apps operate in a basic manner: you instruct the bot to purchase or sell an asset when it hits a certain price point or signal. Your bot will then place and execute your order, eliminating the need for you to monitor your platform all day to observe when these price fluctuations occur.

You may program your crypto bot to execute orders based on your specific trading strategy. For example, you might direct your bot to sell a large number of coins at a price of $10 and then purchase them back if the price drops below $9. Most bitcoin bot providers demand a monthly or annual fee to use their services. The coins, exchanges, and account choices supported by your trading bot will vary based on the service you select.

Buy and Sell Crypto at Binance: https://accounts.binance.com/en/register?ref=36721001
Trade Binary Options at IQ Option: https://affiliate.iqbroker.com/redir/?aff=318140

If you like this video, leave a comment and subscribe to my channel if you like the content!

Disclaimer: I am not a financial advisor, nor do I claim to be one. I accept no liability for any loss incurred by anybody who acts or refrains from acting as a result of any content provided or published. Everything spoken in this video or published by its creator is an opinion and should not be taken as fact. Trading cryptocurrencies and any other form of asset involves a high risk and you may lose your full investment.

Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

Affiliate Links Disclaimer: This video contains affiliate links. I may be compensated for actions you complete on those websites at no additional charge to you.

#cryptotradingbot



Other Videos By WithStefan | AI, Tech, & Real Life


2022-10-24FTX Buys Voyager Digital
2022-10-24Freeway Halts Withdrawals
2022-10-24Reporters Investigate Bithumb’s Real Owners
2022-10-24Bitcoin mining difficulty rises
2022-10-24SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit
2022-10-24Terra LUNA Classic Tax Burn Means It Could Take 30 Years to Destroy 10 Billion LUNC
2022-10-24Binance dominates crypto market
2022-10-24Crypto Whales in South Korea to Come Under Surveillance
2022-10-24Web3 Grows in Online Searches
2022-10-23How to Invest in Cryptocurrency
2022-10-23What is a Crypto Trading Bot?
2022-10-23Cardano founder slams XRP community
2022-10-23Enjin: These developments could mean well for ENJ but caution is advised
2022-10-23XRP Trades In Red During The Market Uncertainty
2022-10-23Mango Markets exploiter said actions were ‘legal,’ but were they?
2022-10-23Moola Market attacker returns most of $9M looted for $500K bounty
2022-10-233Commas issues security alert as FTX deletes API keys following hack
2022-10-23Twitter user saves cross-chain bridge from potential exploit
2022-10-23Spain overtakes El Salvador to become third largest crypto ATM hub
2022-10-23Gate.io users at risk as scammers fake giveaway on hacked Twitter account
2022-10-23Amendment to UK financial services bill provides regulation for crypto activities


Tags:
crypto trading bot