Investments in crypto assets are gaining traction over the decade. With the recent approval of bitcoin ETFs, it is now reaching the masses at scale. However, the crypto markets are not yet as mature as stock markets, but it is getter there, fast. It is estimated that the crypto exchange platforms will grow at 25% CAGR till 2030, as the market is growing into a multi-Trillion dollar industry.
It is easy to understand why trading bots are growing,
- No human emotions
- Quick trade execution – no missed opportunities
- 24×7 operations
- Scanning of 100s if not 1000s of assets
- Automated risk management
- Backtesting of strategies
Trading bots make it easier to participate in complex markets such as crypto. They help investors to make gains from disciplined, structured trading. While the stock markets are dominated by automated trading bots to the tune of 70%+ trades going through them, the crypto markets are yet to reach that level of maturity.
The crypto bots market place has been steadily growing, from 2015 when only few exchanges and bots were trading, to now with over 200+ exchanges and specialized bot services offering thousands of bots to trade a wide variety of crypto tokens and assets. What started as few snowballs here and there, have now become thundering avalanches across the mountains in the financial landscape.
The crypto world has various types of bots,
- Investment bots
- Arbitrage bots
- Sniper bots
- Coin lending bots
- Leverage trading bots
- Market-making bots
- Quant trading bots
- On-chain bots
and so on. The scope of these categories overlap naturally, such as quant trading bots playing in the lending space, qualifying them as coin lending bots as well.
The DeFi (Decentralized Finance) is emerging as a strong offshoot from the mainstream crypto markets, where there is no centralized exchanges such as Binance, kucoin, etc. The functions of centralized exchange has been replaced by smart contracts (with open source code) deployed permanently on the crypto network, playing the role of AMMs (Automated Market Making).
This brilliant development has removed the greatest risk in the crypto trading – the risk of centralized exchanges rug-pulling the traders (remember mtgox). All trades on-chain, thereby making them invulnerable to third party risks.
A new class of bots are now emerging – the 100% on-chain trading bots. These bots make use of newly deployed on-chain AMM exchanges (smart contracts) to offer a never-before investing paradigm – zero third-party risks. They are anonymous, censorship-resistant and trustless (smart contract manage everything transparently), making them attractive to investment communities looking for fair market trading opportunities.
This on-chain market place is in its infancy. There are only a few players (such as uniswap) deployed on the biggest chains. Given the mounting interest from people across the world, decentralized on-line trading bots are just now starting to snowball.
catBots fits right into this latest developing eco-system, with 100% of the bots trading entirely on-chain. These bots greatly simplify on-chain crypto investing and offer invest-and-redeem-anytime convenience, while fulfilling the promises of on-chain trading – anonymous, trustless, driven by smart contracts, permissionless, multi-chain-trading and censorship-resistant – all the goodness packaged into simple-to-use, invest-and-exit-at-anytime interface!
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