All There Is To Know About Bots’ Role In Cryptocurrency Trading

Trading bots and algorithmic high-frequency trading are ubiquitous on Wall Street, but cryptocurrency networks offer a unique environment for them to help reduce risk, experiment with new methods and even take advantage of market manipulation.

The integration of more advanced software tools for trading with progress in machine learning and decentralised exchanges (DEXs) should further expand on the development of trading bots in the industry.

Despite the rise of algorithmic trading in cryptocurrency markets, it is still a nascent field with a substantial amount of improvement and discovery waiting to unfold.

The future of exchanges and the interoperability of blockchain networks is still unclear at this point, but trading bots should remain a vital tool for traders and institutions to minimize risk and execute large orders efficiently.

Many trading bots during the meteoric…