What is Bitcoin bot?

There are many varieties of cryptocurrency bots . One of the most popular types is the arbitrage bot. Arbitrage bots are tools that examine prices across exchanges and make trades in order to take advantage of discrepancies.

A cryptocurrency trading bot is a computer program or application that trades cryptocurrency for you based on predefined conditions . Most crypto trading applications work in a straightforward manner — you authorize the bot to buy or sell an asset if and when it reaches a specific price point or indicator.

The basic level bot price is $25/month , while the latter costs $84/month and has a lot more features. The cryptocurrency trading bot on 3Commas can implement multiple bitcoin trading strategies based on technical indicators and enable trading bitcoin for profit.