A Binance trading bot is software that automates cryptocurrency trading by executing trades on Binance based on pre-set rules or AI-driven strategies.
It connects to your Binance account via API, analyzes market data, generates buy/sell signals, executes trades automatically, and monitors performance.
No, trading bots can improve efficiency and reduce errors, but crypto markets are volatile, so profits are not guaranteed.
Yes, one of the main advantages is continuous operation, ensuring you never miss trading opportunities.
Bots can support scalping, swing trading, trend following, arbitrage, and AI-powered predictive strategies.
Bots provide real-time dashboards, reports, alerts, and analytics to track trades, profits, and portfolio performance.
Not required, but some bots allow multi-exchange integration for broader trading opportunities.
Create an account on the bot platform, generate API keys from Binance, input your trading strategy, and start the bot.
