Edit: i dont know if these bots are from Binance themselves orjust sh*tty 3rd. Party bots.
Btw. So far im only studying their short-mid term strategy.
Binance doesn't make any trading bots so pretty much every trading bot you see is a 3rd party bot. As for their trading algorithms they are kept secret for the most part but they place trades often (I think?) so maybe they are using some variant of high frequency trading (
https://en.wikipedia.org/wiki/High-frequency_trading).