We all know that the arbitrage is the opportunity to gain from price differences immediately at very low-risk factor.
One or the other way, the inventions of cryptocurrency has offered umpteen number of lucrative opportunities for the people in the recent past when the entire sphere of cryptocurrencies have had a convincing bull run in the last year. But on the contrary, there have been issues like lack of liquidity for certain pairs, price manipulations, and the high amount of non-professional traders leads to certain inefficiencies.
The Blockchain as a technology with the highest utility cases, programmers and the dApp structure that are going to be the best scalable projects, and will take over the layer from the pioneer in crypto-space (BTC), as the heir counterpart of Blockchain innovation.
In between both merits and demerits of this industry, we must have come across the difference in pricing of such cryptocurrencies from exchange-to-exchange. Today, there are many cryptocurrencies and many exchanges. This means that there are lots of opportunities for arbitrage all the time. That’s where Arbitao arrives in.
Basically, Arbitao is a totally automated solution for arbitrage trading in cryptocurrency markets aimed at overcoming the problems associated with conventional arbitrage trading methods, the result of which most people have no chance of profiting from arbitrage.
According to Karel Mirrin, CTO of Arbitao: “A lot of 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 the product before the ICO starts. And we succeeded in it.”
In order to test your luck for this arbitrage trading on the Arbitao platform, ATAO coins are needed. ATAO coins enable clients to fetch additional yields from risking. Moreover, the speculation on exchanges would be handy through these coins. A limited volume of ATAO coins is now available for purchase during the ICO.
The firm is certainly determined to establish a decentralized network of nodes deploying its highly functional computational resources. This would overcome the issues of categorizing the most viable arbitrage opportunities between different exchanges and executing risk-free arbitrage trades. When established effusively, the firm likely to offer fully decentralized arbitrage trading to its clients where they can set up their ATAO wallet with API credentials for their accounts on exchanges.
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