Trading Bots
Automated programs trading according to predefined strategy — 24/7 without emotions.
A trading bot is software that automatically executes trades according to predefined rules — without emotions, 24/7, with speed humans can't achieve.
Types of bots:
1. Grid bots • Sideways strategy, earns from oscillations • Binance Grid Bot, OKX Grid Bot (free)
2. DCA bots • Automatic purchase of fixed amount at regular intervals • 3Commas, Pionex
3. Arbitrage bots • Exploits price differences between exchanges • Requires fast code and API access
4. Market making bots • Places buy/sell orders around mid-price • Earns from spread
5. Strategy bots • Implement specific TA setup (Golden cross, RSI signal) • 3Commas, Cryptohopper, Shrimpy
Risks:
Beginner recommendation: Binance built-in bots (Spot Grid, Futures Grid) are safe starting point.