Bots
By CoinGecko | Updated on Mar 03, 2020
Refers to software or programmes that automatically trade based on preset behaviours (eg. buy @ $100, sell at $102, and then repeat). Bots have the advatage of being extremely quick and can react almost instantaneously.
Related Terms
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cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
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The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
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