With all the hype around AI and crypto, it's no surprise that trading bots are everywhere right now. But not all bots are created equal, and jumping into the wrong one can cost you—literally. If you're thinking of using an AI crypto trading bot, here are a few things to keep in mind before hitting “connect wallet”:
Transparency – Can you see how the bot works? Does it share past performance, strategies used, or just promise “guaranteed profits”? Run from anything that sounds too good to be true.
Customisation & Control – A good bot should let you tweak parameters like risk levels, asset selection, or trading hours. It’s your money—stay in the driver's seat.
Exchange Compatibility – Make sure the bot supports the exchanges you actually use (Binance, KuCoin, etc.) and check if it uses secure API connections.
Backtesting & Performance Stats – Look for bots with solid backtesting features and clear historical data. If there’s no proof it works, it probably doesn’t.
Community & Support – Bots with an active user community (Telegram, Discord, Reddit, etc.) are usually better maintained and updated.
Fees – Some bots charge monthly, some take a percent of profits, and others are free but push you toward shady referral links. Know what you're paying for.
Security – Never give a bot withdrawal access. Ever.
In short, a good AI bot should be a tool, not a black box. Trust comes from control, data, and community—not hype.
Anyone here already using one they like? Would love to hear some real-world feedback.