Good initiative.
Just for info :
What advantage can a bot provide over manual trade, I mean under what scenario will bot trading be more profitable and not just faster.
Also what other category of applications can be expected?
Best advantage you let your strategy decide trading, and not emotions
Stop loss ( depending on your strategy ) and price setting trades are big bonus if you are really into trading and want to get profits in illiquid market. Think about that you want to sale 1 bitcoin at 15,000 INR, your boat can place 100 small sale orders starting from 15000 to 15150, to normal users who simply buy at market price this does not make difference, but you have made 1% more
You will not place 100 orders manually each time, so you prefer bot.
Use only bot that is open source, you have good reviews from reviewers and most important you know the strategy bot is applying on your account. There is no magic machine that makes money. If you don't understand market do not day trade.
Regards