From arbitrage to portfolio automation bots. The 24/7 opening hours of the crypto market has necessitated the use of trading automation for investors that are involved in trading cryptocurrencies. While there are multiple ways one can go about automating their trades such as copy trading, coding their own trading bots, or even relying on algorithmic trading firms, this guide will be focused on productized crypto bots currently available on the market for individuals with different trading strategies. This will allow users with little experience in trading and/or coding to automate their trades for their preferred trading strategies. Crypto trading bots may differ by functions and complexity, but generally serve the same purpose of helping users automate trades on their linked exchanges. Broadly speaking, there are 4 main types of trading bots – Market Making Bots, Arbitrage Bots, Portfolio Automation bots, and Technical Trading bots.