Cryptocurrency trading bots are a set of software or algorithms that trade on financial markets on behalf of the client. They automate the process hence making work much easier for traders although they are not entirely perfect.
The automated method is a long-established and legitimate activity today. Although most have been developing for Bitcoin, there are many others for altcoins.
There are different types available for both beginners and novice users but the user needs to come up with a decision about the bot method applied and a trading strategy.