I need bot. Where do I buy a bot? Exchanges should rent them out like scooters.
I'm sure
that would end well...
I don't think it would be that bad, to be honest, but what do I know? ¯\_(ツ)_/¯
the exchange owns the bot... What could possibly go wrong? Certainly it wouldn't have a default behavior that benefits the exchange. I trust them implicitly. they are safe and benevolent like government!
If you rent out a bot that you don't have full control over, you face the same risks that you do sending your bitcoin over to an exchange. Same as entering a margin position, same as providing funding in an exchange.
It's up to each of us to assess the risk. That's what the free market is about, isn't it?