Arbitrage
Cryptocurrency trading platform supporting the use of multiple arbitrage strategies, advanced crypto trading bot functionality and liquidity management.
[ CRYPTOCURRENCY ] [ FINTECH ]
2018
Cryptocurrency trading platforms help traders and casual investors to keep track of the changes in crypto value. However, volatility in prices, rates and commissions offered on various crypto exchanges and constantly changing market conditions make trading a challenging and tricky process. That is the reason why many tend to rely on arbitrage bots.
One of the perks of a good crypto arbitrage bot is that in order to make a profit, there is no need to keep money in the most volatile cryptocurrencies. To provide the most profit, the bot should be advanced and competitive in relation to other cryptocurrency bots. That’s why our team developed one of the best arbitrage trading platforms and arbitrage bots.
Project Goals:
Build a mechanism for data collection from crypto exchanges;
Provide an arbitrage trading tool that can assist users in making profitable transactions;
Maximize liquidity ratio and minimize risks associated with arbitrage trading;
Provide a convenient way to exchange fiat to crypto and vice versa;
Build a tool that helps to manage crypto volatility.
The arbitrage bot executes trading operations based on various indicators, including sale/purchase commissions and market price changes, interacting directly with exchanges, and placing/closing orders on the trader’s behalf.
How Crypto Arbitrage Platform Works
Trading is performed by arbitrage bot simultaneously buying and selling the same cryptocurrency amount from two different exchanges to gain a profit off the exchange rate difference. The transaction is carried out in a way that the cryptocurrency amount on both exchanges is equal to the amount before the transaction, while the equivalent amount in fiat is increased by the rate difference.
Ensuring Exchange Liquidity & Profitability
Accumulation of all funds on one of the exchanges leading to a halt in trading;
Exchange losses caused by having to pay higher transaction commissions.
Our team developed a graph theory-based optimal search algorithm designed to avoid these risks and find profitable rates, functioning via an additional minor pair. Data is acquired from various exchanges, including Kraken, Bitfinex, Bittrex, Binance, and others. Exchanges are then made using the algorithm based on the data specified as parameters (sale/purchase commission, exchange rate difference, etc.).
The algorithm chooses the most beneficial trading deal and executes it before the market changes and opportunity passes by. The Arbitrage trading software makes instant decisions, leaving the user only to sit back and occasionally check account balance.
FEATUres
Data acquisition from various exchanges (Kraken, Bitfinex, Bittrex, Binance, etc.)
Analysis of arbitrage trading profitability according to specified trading parameters (sale/purchase commissions, cost of transferring funds between exchanges, etc.)
Arbitrage trading settings (set the threshold value of deals and profitability, minimum volume for trading, etc.)
Expenses redemption via an additional order mechanism
Arbitrage trading both directly and through a minor pair
Opening and closing orders functionality
Arbitrage trading visualization: logs, statistics, notifications
5 months
duration
7200
man-hours
Projects
By taking a tailor-made approach with every client, we’ve successfully delivered over 300 projects in blockchain, artificial intelligence, IoT, AR/VR, game development, web and mobile app development
