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).
How you know that Binance or other exchange sites don't use any trading bots? How about the fake trading volume every day on their sites? Have you ever seen completed orders that are less than the limit set on an exchange?
I meant my post to be interpreted as "Binance doesn't develop trading bots that it gives or sells to its users."
Much probably. If they does, what would be the scenarios inside their trading platforms if those bot are being distributed around and more traders
or all traders are using it.
Can't imagine how things will work that way, It's better for them to use their own algo and keep it.
In the sense of exchange using bot, we all notice that especially within small
exchange where manipulated market are ongoing.