Test Your Knowledge
Earn 100 Diamonds for every perfect score!
1. What is one key advantage of using AI crypto trading bots over human traders?
A) They can guarantee profits in all market conditions
B) They can replace all human decision-making completely
C) They can operate 24/7 and make decisions without emotions
D) They always outperform traditional investment strategies
2. What type of AI crypto trading bot aims to profit from small price differences between exchanges?
A) Trend Following Bot
B) Grid Trading Bot
C) Arbitrage Bot
D) Market Making Bot
3. Why is it risky to rely entirely on AI crypto trading bots without supervision?
A) Bots can be easily hacked by other traders
B) All bots eventually stop working after a few months
C) Market volatility and technical issues can lead to losses
D) Regulations require bots to be manually reviewed every day