Risks of using NFT bots

Answered 2 years ago (May 11, 2023) by Eldernode Staff

Using NFT bots for trading can come with risks, as the algorithms are only as good as the strategies they are programmed with and cannot account for unexpected market movements or events. Additionally, some NFT marketplaces may be subject to hacking or other security breaches, which can result in the loss of your NFTs or other assets.