a london-based company has introduced their arbitrage trading platform which was launched in november 2017.
Arbitao will launch its presale on July 22, 2018, and the project’s planning to reward all early investors with special bonuses. The presale will end on August 7, and everyone who will take part in it will be able to try out the Arbitao system in action.
The main crowdsale campaign will start on August 12 and last until September 9, 2018.
The company representatives say that the platform has been tried and tested by initial investors since late 2017. “A lot of initial coin offering (ICO) projects don’t have a working product and probably never will have. With Arbitao, it’s different. Our goal was to deliver a working and tested product before the ICO starts. And we succeeded in it,” commented Karel Mirrin, Arbitao’s CTO, in the company’s press release.https://static.arbitao.com/presskit/Arbitao_PressRelease_May31.pdf
The Arbitao team is separated into two operational offices based in London and Moscow, and they also outsource to Shanghai.According to Arbitao’s press release, currently its arbitrage system compares prices from 19 exchanges and is capable of leveraging all user investments to execute trades and generate profits. Automated trading software makes profits possible to those outside of the ‘closed loop’ of arbitrage.
One of the problems that Arbitao tries to resolve is democratizing arbitrage trading for inexperienced users, allowing them to compete against day traders. “Our audience are crypto kiddies and new arbitrage traders with no resources to scale, so we do that for them through decentralizing the users coins through the arbitrage platform,” said the company’s representatives to Cointelegraph.
“Lots of pairs are facing lack of liquidity and the volatility in the market is very high, which leads to price differences between exchanges. By monitoring different exchanges, it can be seen that price spreads of certain pairs are up to 5 percent,” reads the Arbitao white paper.https://static.arbitao.com/presskit/Arbitao_Ten_Pager_EN.pdf
source-
https://cryptosherald.com/2018/07/07/crypto-trading-platform-releases-an-arbitrage-trading-soft-for-beginners/
https://cointelegraph.com/news/crypto-trading-platform-releases-an-arbitrage-trading-soft-for-beginners
there are many more company was came and out with arbitrage project but not one success hope it will come out a good one.
whats your opinion just comment bellow thank you.......