Are there any risks associated with automated crypto trading?

1 answers

• May 01, 2022 · 3 years ago
  As a representative of BYDFi, I can assure you that our automated trading system is designed with risk management in mind. We have implemented robust security measures to protect our users' funds and continuously monitor the system for any potential issues. However, it's important to note that no system is completely foolproof, and there are always inherent risks associated with automated trading. Traders should carefully consider their risk tolerance and conduct thorough due diligence before using any automated trading system, including ours. It's also advisable to start with smaller investments and gradually increase exposure as you gain more confidence in the system's performance.
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