The bots are supposed to create passive income for the traders, while securing their funds.

Born in September 2017, 3Commas, an international crypto trading startup, created a series of automatic trading bots for Binance. The company also has revealed its plans to launch the bots for all other major supported exchanges, like BitFinex, Bittrex, Bitstamp, KuCoin, Poloniex, HitBTC, Cex, Huobi and YOBIT in the meanwhile

3Commas’ platform presents its autotrade bot as a tool to minimize risk and receive secure passive gains. Once connected to the exchange via an API, the bots can be launched on one or up to 99 trading pairs concurrently using the default settings or can be individually customized to suit each trader’s appetite for risk, trading skills and available crypto funds.

According to a recent review posted at Bitcoinist.com, 3Commas supports two types of trading bots – simple and complex. A simple trading bot only involves one trading pair while a complex trading bot involves multiple trading pairs.

After making a few manipulations and following set instructions, users may go to 3Commas’ menu and create their first bot by themselves. The minimum requirement to start work with the 3Commas bot is to have a Binance account connected to 3commas via an API, says the 3Comma's blog at Zendesk.com.

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