The Bot Store offers three distinct categories of bots: Trade, Earn, and Hold.
What is the purpose of Trade bots?
Trade bots are the most common type of bots found in the BOTS application. These bots utilize algorithms and complex crypto indicators to detect patterns in the market. Depending on the strategy behind the bot, it may buy and sell cryptocurrencies frequently or wait for the right timing to make a trade.
Can I view the strategy used by Trade bots?
While you cannot directly see the complete strategy because it’s part of the bots’ creators’ intellectual property, however you can find a general overview of the strategy provided by the bots’ creators’ in the bot's description within the app.
What are Earn bots?
Earn bots are a newer addition to the bots categories. These bots focus on providing low-risk, steady, and stable earnings without engaging in active trading.
What is the purpose of Hold bots?
Hold bots simulate manual buying and selling on a centralized exchange. When you deposit money into a Hold bot, it will automatically buy the specified asset. Similarly, when you stop the bot, it will sell the asset. Essentially, Hold bots replicate the experience of buying a coin on an exchange like Binance and selling it whenever you wish. The funds deposited in Hold bots reflect the price action of the asset.
Can I find more detailed information about the bots in the Bot Store?
Yes, you can find additional details about each bot by reading its description within the BOTS application. The descriptions provide insights into the bot's strategy and purpose.
We encourage you to join our Discord Community to chat with the creators of the Bot and learn more about its inner workings and functionality. Simply follow the invitation link provided: Join our Discord!
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