Questions and answers about crypto bot trading

You want to start crypto bot trading, but maybe it's totally new to you. That's why you first want to do some research. For all the starters out there we collected the most frequent questions about crypto trading. In this article you will find all the answers.

1. What is crypto bot trading exactly?

You might have heard some things about crypto bot trading, but maybe you don't know what it is exactly. Does a crypto bot do all the work for you? How does it make its decisions? A crypto bot does all the work for you, but you have to set up the trading rules. The bot uses these rules and it's in-built strategies to make decisions.

2. Can you still trade manually?

Some cryptocurrency traders might want to trade manually from time to time. Crypto bot trading is a good option, as it can trade automatically and you can put it to manual as well. This means that you don't have to trade manually all day long, but you can whenever you want to. You can just set this up in the settings.

3. How do you know that your account is safe?

Of course you don't want hackers to steal your cryptocurrencies or the money on your bank account. There are some things you can do yourself to make sure that your account is safe. First of all, you should choose a crypto bot with a high level of security. Then you should set up two factor authentication, so it will be a lot harder for hackers to get into your account. You shouldn't give the bot withdrawal access. If you will do this and hackers get into your account, they'll also have access to your bank account.

4. What is the best crypto bot?

Of course you want to work with the best crypto bot. Though there is not one crypto bot that is the best for everyone. You should decide which features you want and search for a bot that meets your needs. It's a good idea to try some bots out. There's one crypto bot that's really good for starters and traders: SmartCryptoBot. You can sign up for a free trial on their website.