peterjohnson
109 posts
Feb 21, 2025
3:21 AM
|
Can a crypto trading bot be used to trade on decentralized exchanges (DEXs)?
Yes, some crypto trading bots can be used to trade on decentralized exchanges (DEXs), although it can be more complicated than trading on centralized exchanges. DEXs like Uniswap or SushiSwap are different from centralized exchanges in that they operate without an intermediary and use smart contracts. To use a trading bot on a DEX, the bot must be compatible with the decentralized exchange's protocol and integrate with wallets like MetaMask or Trust Wallet. While centralized exchanges offer easier API access, decentralized exchanges require more technical setup and often rely on smart contract interactions, making them slightly more complex for bot trading. You can read the entire article at https://tradingbot.info/.
|
