Cryptocurrency Q&A
What is the success rate of trading bots?
What is the success rate of trading bots?
Eleonora
Fri Jan 31 2025
|
5
answers
1147
I'm interested in finding out the success rate of trading bots. I want to understand how effective these automated trading tools are in the market.
Previous
What is the average USD/EUR exchange rate in 2022?
Next
Does Ladbrokes Exchange have a minimum deposit?
5 answers
Martina
Sun Feb 02 2025
These automated tools buy low and sell high within specified ranges, aiming to capitalize on market fluctuations.
Was this helpful?
244
27
MysticStar
Sun Feb 02 2025
They are designed to generate modest daily returns, typically ranging between 0.1% and 0.5%.
Was this helpful?
116
72
Federico
Sun Feb 02 2025
On the other hand, arbitrage bots seek out price discrepancies across various cryptocurrency exchanges.
Was this helpful?
379
81
Valentino
Sun Feb 02 2025
These bots act swiftly, capturing up to 89% of arbitrage opportunities within three seconds. Each trade executed by these bots yields average profits of 0.2% to 2%.
Was this helpful?
111
66
Andrea
Sun Feb 02 2025
Grid Trading Bots operate within predefined price brackets.
Was this helpful?
297
51
