What is a Crypto Trading Robot
A Crypto Robot is a software that invests in one or more cryptocurrencies. It ranges from the very simple crypto robots that look at support and resistance levels on a single stock exchange and act on it, to advanced software with hundreds of parameters that use artificial neural networks to find connections and use it to their advantage.
In short, there are major differences between how advanced the various crypto robots are. However, it is important to understand that they need a trading platform to work, that is, a place to buy and sell the cryptocurrency. Therefore, you need to create an account for both the crypto robot and the platform. Some crypto robots require a monthly fee, while other companies receive commissions every time they refer people to a trading platform.
Unfortunately, there are also fake cryptocurrencies where the financiers never intend to invest your money. That is why we have tested and reviewed some of the most popular crypto trading robots such as the Bitcoin Revolution on this site so you can find out the fake ones and at the same time find them with the best return.