Page 70

DECEMBER 2017

Arbidex

Disrupting the Cryptocurrency Exchange Market Unlike many other overhyped blockchain projects, it looks like the team behind Arbidex has already built an operating platform with a set of technical tools for an exchange arbitrage, that is interacting with several cryptocurrency exchanges accumulating by about 10 million US dollars in deposOLYA GREEN its. Technical architecture and the efficiency of arbitration strategy were tested over the 4-month period by the team with their own deposits. Arbidex aspires to minimize trading risks by accumulating liquidity from all major cryptocurrency exchanges and completely automating the arbitrage process for the user. It is basically a trading platform designed to aggregate in one terminal crypto-assets and liquidity from all major exchanges with a capability to search for arbitrage options and automatically implement them. The platform is able to analyze thousands of crypto-currency pairs and find the most favorable ones making up to 2–3% revenue. 68

Here’s an explanation of how it works. A trader signs up to the platform to start handling transactions with any amount he wants. Deploying a search algorithm for the most favorable exchange rates through multiple exchanges, the platform brings about the opportunity to buy cryptocurrency at a lower rate and sell at a higher. Also trading risks are insured by shifting to the platform. In this manner Arbidex is making trading operations on the cryptocurrency market way more convenient and profitable for each stakeholder. Any purchasing transaction with any tradable crypto-asset will be made at the most favorable rate, while the commissions charged by the platform are lower

than regular ones charged by crypto-exchanges at the moment.

The platform is able to analyze thousands of crypto-currency pairs and find the most favorable ones making up to 2–3% revenue.

A video displaying how the Arbidex MVP is operating is available here: https://youtu.be/ RsfITzxBv_A Arbidex PRE-SALE kicked off on December 11 with the ICO coming up on January 10, 2018. The product is already technically executed to function as a crypto-liquidity stabilizer and a framework for professional arbitrage strategies. The team is seeking to raise funds through an ICO to draw massive audiences and capital to the platform and to get more exposure on the market.

ICO Crowd Magazine Issue 4  

D10e’s Mike Costache, Senero, Aragon,Ocean Protocol and many more...

ICO Crowd Magazine Issue 4  

D10e’s Mike Costache, Senero, Aragon,Ocean Protocol and many more...

Advertisement