If you follow a booming market with a huge influx of capital, then there are a lot of opportunities for profit. New words become part of our vocabulary, such as DeFi, NFT, Blockchain, crypto exchange, crypto trader, distributed ledger technology, PoW, PoS and many more. In this new industry, some well-known brands such as BTC, ETH, Binance, etc. are emerging. For a beginner, this market is quite difficult to navigate, so let us focus on just one segment, which is quite easy to get comfortable in. We are talking about trading robots on the Binance exchange. A trading robot is a system that automatically trades assets according to a specific algorithm set by the bot author or user.
Bots will enter and exit trades only if the conditions specified in the settings are met. Trading bots are available on the Binance exchange through trusted broker partners. .