Trading Bot
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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
UMT,LAHORE
Abstract
Bots are automated computer programs designed to run specific tasks with minimal human
intervention. In the world of cryptocurrency trading, Crypto trading bots do the work of trading
either one or multiple cryptocurrencies on one or multiple platforms automatically on behalf of the
owner or user.
They are used to automate trading strategies and applied for purposes of amplifying trading profits.
Being based on artificial intelligence, machine learning, and other Trading technologies means
they can collect big data crypto market information in real-time using APIs. They then analyze
this information using predefined trading strategies to derive useful and actionable metrics or
conclusions called trading signals.