Arbon is an arbitrage bot built by our Blockchain developers to engage in fast-tracking pricing discrepancies across multiple cryptocurrency exchanges.The bot identifies pricing of cryptocurrencies across exchanges and performs triangular arbitrage or cross exchange trades based on identified opportunity. Read the success story below.
The client reached out to us with a vision where they expected us to develop a highly efficient crypto arbitrage bot able to generate profit on every trade. The application would showcase high efficiency and effectiveness during real-time cryptocurrency trading followed by detecting pricing differences across exchanges for the same cryptocurrency.
With growing competition in the market, arbitrage bots have emerged as popular cryptocurrency trading tools.
“While working on the client's idea, we considered multiple arbitrage algorithms, i.e., triangular and direct, and we ended up implementing both triangular and cross-exchange arbitrage algorithms in our bot.”
Before reaching out to us, the client was trading cryptocurrency all by himself. It restricted him to a few trades on a daily basis and made it a tedious job to access pricing across platforms. Hence, the client wanted to increase the amount of trades and subsequent profits by automating this process.
We conceptualized a process through which the client could utilize an effective arbitrage trading.
The process initiates by reading data, checking the number of transactions, and calculating respective profits.
We set a profit amount with the corresponding number of transactions. Our developers ensured that the arbitrage bot built by us featured compatibility for both direct and triangular algorithms.
Our arbitrage bot uses both of the aforementioned strategies, i.e., cross-exchange and triangular arbitrage, to check feasibility and profitability for crypto trades.
“By using this bot, we could automate and engage in fast and effective arbitrage trades. The product has helped us gain an increased amount of profits through a hassle-free process.”
Our developers have integrated multiple cryptocurrency exchanges such as Binance, Coinbase, KuCoin, Ftx, Gate.io, etc., on this arbitrage bot. It has allowed the client to earn an increased amount of profits.
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