A Trigger Contract is a type of smart contract that automatically executes specific actions when predetermined conditions are met. It acts based on inputs or “triggers,” which can be market prices, transactions, or other external data. For example, a Trigger Contract could be set to sell a cryptocurrency if its price falls below a certain threshold. When that price is reached, the contract automatically executes the sale without the need for manual intervention. This feature helps users capitalize on market movements and manage risks effectively.Furthermore, Trigger Contracts can be used for various purposes, including automated trading, interest payments, or even complex financial agreements. They streamline processes by removing the need for constant monitoring and intervention.Overall, Trigger Contracts enhance efficiency and allow users to execute strategies in a timely manner, making cryptocurrency management more straightforward and potentially more profitable.