Crypto Trading Bots – How They Work, Benefits, and Risks

A crypto trading bot is software that automatically executes cryptocurrency trades based on pre-set algorithms. It enables 24/7 trading, eliminates emotional decisions, and ensures fast execution. However, bots do not guarantee profits, require proper configuration, and pose security risks. To choose the right bot, investors should define their goals, review performance, and prioritize account security. While bots can assist trading, they cannot fully replace human oversight.