Arbitrage

Cryptocurrency Trading Arbitrage Bot and Platform

Blockchain Web Cryptocurrency FinTech

Cryptocurrency trading platform supporting multiple arbitrage opportunities, trading bot functionality and liquidity management.

Feb 2018 - June 2018

Work done

Data collection mechanism Profitable rates search algorithm Cryptocurrency trading platform Bot functionality for arbitrage trading

Challenge

Trading platforms help crypto traders and even casual investors to keep track of the changes in crypto value. However, differences between prices offered on various cryptocurrency exchanges are often huge. For this reason, many tend to rely on arbitrage bots. One of the perks of the tool is that it eliminates the need to keep money in most volatile currencies. Yet, just to trade cryptocurrencies generating profit is not always enough. A good bot should be at the same time competitive in relation to other bots.

Such competition served as a trigger for introducing a platform with advanced functionality.

Project Goals:

  • To introduce a conditionally risk-free way to trade cryptocurrency on the exchange;
  • To build a mechanism for data collection from stock exchanges like Kraken, Bitfinex, Bittrex, etc.;
  • To provide a trading tool that can assist users in making the most of the crypto market differentials;
  • To maximize liquidity ratio and minimize the risks of losing money.

Solution

Trading bots enable users to have the means to generate passive income. Trading around the clock, Arbitrage bot certainly exploits this advantage to the fullest while operating according to a set of predefined personalized rules.

How the Arbitrage Platform Works

By reacting to the market. It gathers the data needed to execute a trade based on volume, time and market’s price movement. Interacting directly with exchanges, Arbitrage bot places buy or sell orders on trader’s behalf, allowing trades to be executed faster.

How It Ensures Higher Exchange Liquidity

By duplicating transactions. When the user makes a transaction, the system automatically makes a reverse transaction on another exchange so that the sum of funds on two exchanges remains the same. Additionally, we have developed an algorithm for the optimal search for profitable rates, functioning through secondary pairs and based on graph theory.

Our Arbitrage platform can make instant decisions whenever the price moves in a way that is profitable for the trader. Just sit back and occasionally check your balance.

Features

  • Data acquisition from various exchanges (including our own libraries)
  • Expenses redemption via an additional order mechanism
  • Profitable rates search algorithm
  • Tools for setting trading parameters
  • Profitability analysis and statistics
  • Arbitrage trading visualization: logs, notifications, etc.

Technologies

Node.js, MongoDB

Team

  • 2 C++ developers
  • 4 Full-Stack Developers
  • 2 QA Engineers
  • Project Manager

Duration

5 months

Contact us

Offices

New York

520 West 28th St. Suite 31 New York, NY 10001

Contact us (646) 490-0772

Amsterdam

Keizersgracht 127 1015CJ Amsterdam The Netherlands

Contact us +31 20 225 1536

Minsk

72 Timiryazeva St. 12th Floor 220035 Minsk, Belarus

Contact us +375 29 770-07-30

BACK
PixelPlexFor over 10 years our team creates cutting-edge solutions to achieve your goals. Since 2013 our competencies have expanded to blockchain & DLT development.