Multi-Pair AI Agents: These are trading AI agents that are designed to trade multiple asset pairs but with a common quote asset. The base asset can vary among the different pairs, but the quote asset remains the same. For example, if your quote asset is USD, a multi-pair AI agent might trade Bitcoin against the US Dollar (BTC/USD), Ethereum against the US Dollar (ETH/USD), or Ripple against the US Dollar (XRP/USD).
Single-Pair AI Agents: These are trading AI agents that are designed to trade only one specific asset pair. For example, in the cryptocurrency context, a single-pair AI agent might only trade Bitcoin against the US Dollar (BTC/USD). The AI agent’s entire trading strategy and algorithm are focused on this specific pair.
In both cases, the type of AI agent chosen depends on the user’s trading goals and strategy. Regardless of the type of AI agent you choose, remember that trading involves risk, and you should only invest amounts that you can afford to lose.