The Cybersecurity Side of AI Crypto Bots: What Users Need to Know

Many crypto investors remain sceptical about using AI in their trading. They are aware that the technology exists, but they are unsure of how to initiate it or whether it’s safe to use. Here, we look at the most effective ways traders can use AI to generate a better ROI safely.

AI in Crypto Trading

Artificial intelligence (AI) refers to computer systems that can think and learn in ways similar to humans. Since they are machines, these systems can process information much faster than people can, which opens up numerous possibilities for AI applications.

The cryptocurrency market is highly volatile, and price changes occur swiftly; therefore, technology that can keep up with it is necessary to trade profitably. Traders can use AI in different ways to profit from the crypto market, including:

1. Automate Trading

According to OANDA, a crypto trading platform and fintech provider of crypto market data, one ...