Cryptocurrencies and their blockchains are all based on algorithms: clear sequences of calculations, depending on user input. Unlike trading with shares, trading with cryptocurrencies was only possible digitally right from the start. Quite obviously, analog trading of the digital currency would be simply inconceivable. These circumstances imply that automated trading is also easier to implement, which is why trading bot providers popped up like mushrooms. This article takes a closer look at the Pionex arbitrage bot and shows step by step how you can use it yourself.