TRADING BOT STATISTICS IN INDIA ALGO TRADING BOT

A report by TechSci Research estimates that the Indian trading bot market will grow at a CAGR of over 49% from 2017 to 2024.

This growth can be attributed to a number of factors, including the increasing availability of trading bots, the rise of algorithmic trading, and the growing interest in cryptocurrency trading. As more traders in India look to automate their trading, we’re likely to see even more growth in the best trading bot software market in the coming years.

Use case #1: Automated trading

One of the most common use cases for best trading bots is automated trading. With automated trading, a trading bot will execute trades based on pre-set parameters. For example, you could set your trading bot to buy a certain cryptocurrency when it reaches a certain price, and sell it when it reaches another price.