Cryptocurrency trading isn’t something you do on a speculative basis. With so many factors relying on market volatility, you need to hone the art of trading on a daily basis. This is where trading bots come into the picture. Trading bots use pre-programmed software that analyzes market actions, which includes volume, orders, price, and time. They are rather common in the global stock exchanges and cryptocurrency ecosystem because very few traders have time to stare at the charts all day.