The Trade tab in the BOTS app is a section where users can explore and select various trade bots. These bots actively trade on exchanges with the goal of outperforming the market and maximizing profits.
Who is the Trade tab designed for?
The Trade tab is generally designed for more experienced traders. However, newcomers are also encouraged to explore and learn about the different trade bots available.
What types of trade bots can be found in the Trade tab?
The Trade tab consists of several subcategories of trade bots, each with its own characteristics:
- Monthly heroes: High-performing bots that have achieved excellent results in the past month.
- All-weather Bots: All-Weather Bots are a new category of bots available in the Bot Store that offer a unique strategy for adjusting to market conditions. These bots are designed to adapt their trading approach based on whether the market is bullish or bearish. When the market is bullish, All-Weather Bots use a long strategy, which involves buying assets with the expectation of their value increasing over time. Conversely, when the market is bearish, these bots utilize a short strategy. They sell assets first and buy them back later at a lower price, profiting from the price decline.
- Popular bots: Trade bots that have been started by numerous users.
- New bots: The ten newest bots that have undergone thorough testing before being made available.
- More bots: Trade bots that do not fit into the other mentioned categories but still have unique strategies worth exploring.
- Junior bots: It features bots created by new developers or those with innovative approaches and ideas for trading strategies. The bots in the Junior Bots category have already undergone a quality check and quarantine period to ensure their functionality and reliability. However, they are placed in the Junior Bots section to undergo a longer maturation process due to their novelty and unique features. Junior bots have a lower market cap compared to other bots in the Bot Store. This means that the number of investors who can invest in them is limited initially. As the bots prove their worth and demonstrate successful performance, they can graduate from the Junior Bots section and have their market cap raised.
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