Does this mean your bot will also allow the user to transfer their crypto from one exchange to another (because it's arbitrage)? I didn't realize there's an API that supports this.
Not exactly.
It means that users will be able to send buy/sell requests on min/max markets when signal is triggered.
I'm not sure about automatic crypto transfer between markets (haven't seen any routes that may be able to do this), but we'll look through this.