What is a crypto trading bot?

What exactly is a crypto trading bot anyway? Cryptocurrency trading bots are basically software programs that often leverage artificial intelligence and machine learning to observe the market and automatically execute cryptocurrency trades in line with predefined algorithms.

How do crypto arbitrage bots work?

Crypto arbitrage bots compare the price of cryptocurrency coins and tokens across different exchanges. Every cryptocurrency exchange will have a slight variance between crypto prices, determined by the participants on that exchange. The only way to capture the variance fast enough and seize profit is to use an arbitrage bot.

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.

How do I buy crypto?

You can purchase crypto through a cryptocurrency exchange or any financial institution that can broker a cryptocurrency transaction. Once you purchase cryptocurrency, you can secure your crypto coins in a digital wallet, online wallet, or hardware wallet. What are the risks of investing in crypto?