The billion dollar battle between bots and crypto players
The billion dollar battle between bots and crypto players Many people cannot keep up with the processing speed of automated bots, causing them to have to buy cryptocurrencies at high prices. Sandwich deals On most digital currency platforms today, it's not just humans involved in buying and selling. Like the stock market, many people use bots that are programmed to automatically process the stitches. Although it looks fraudulent, this method is accepted in blockchain transactions. According to Fortune, "sandwich trading" describes the process by which a bot detects that someone is trying to buy a token. Thanks to automation, the bot's token purchase will be faster and after the purchase, the token price will increase a bit. If the other person still wants to buy that code, they must choose this new price. That's when the bot completes the "sandwich", sells tokens at the new price, and earns some profit. "The best part is the middle of the bread, bu...