What is a crypto trading bot?

A crypto trading bot is an automated software designed to monitor, analyze and execute trades across cryptocurrency exchanges using predetermined inputs. Typically, these bots use trading algorithm programs to buy and sell crypto according to specific strategies automatically.

What is automated crypto trading?

Automated crypto trading, sometimes called automated cryptocurrency trading, is the practice of using computer programs (crypto trading bots) to buy and sell digital currencies on one’s behalf. These software applications are intended to react to market changes to trade at the optimum moment.

What is cryptohopper & how does it work?

Cryptohopper is a world-leading automated crypto trading bot that uses algorithmic intelligence to manage cryptocurrency trading and caters to more than 550,000 traders. Cryptohopper is an entirely cloud-based SaaS (software as a service), operates 24/7 and can trade up to 75 cryptocurrencies at once.

Can a bitcoin trading bot 'think'?

In other words, the bot will buy, sell, and trade cryptocurrencies in an autonomous manner, subsequently allowing you to access multiple markets on a rolling 24/7 basis. However, it is crucial to note that Bitcoin trading bots – or any automated trading bots for that matter, do not have the capacity to ‘think’.