Crypto Arbitrage Bot Script-crypto soft malaysia
What is arbitrage?
Arbitrage is the practise of
simultaneously buying a commodity (in this case a quantity of
cryptocurrency) for a lesser price from one exchange and then selling
it at a higher price on a different market.
What is a Crypto Arbitrage
Bot Script?
A Crypto
arbitrage bot
is programmed to analyse different markets it is connected to and
then chooses the cryptocurrency exchange that has the lowest price
for the cryptocurrency that it is configured to purchase and then
goes ahead with the purchase, simultaneously it identifies the
exchange where the cryptocurrencies are sold for a higher price as
well and then places a sell order there as well.
The cryptocurrency arbitrage
bot script allows anyone to start a cryptocurrency arbitrage bot
platform that lets users to sign up for the service and trade across
different exchanges that are compatible.
Why should anyone use the
Crypto Arbitrage Bot script?
While Cryptocurrency
is indeed booming, the prices at this stage keep fluctuating
drastically and sometimes, the best trading prices come up while
you're asleep.
Across the markets, there are
people who sell the cryptocurrency at lower prices, you can take
advantage of that if only you were trading round the clock or had a
Cryptocurrency Arbitrage bot script that would systematically trade
on your behalf, buying at a market that is lower priced and selling
at a higher price, continuously making profit for you at all times.
How does the Crypto
Arbitrage Bot Script work?
STEP 1:
A user who wishes to use the cryptocurrency arbitrage bot would sign
up on the platform, get the API keys from the exchanges they have
accounts on and then connect the exchanges to the bot. You'll then
have to set a parameters for the Bot to operate all from the user
panel. Each user would get to set these parameters according to their
trade volume and frequency.
STEP 2:
The bot then starts looking for trades with lower value to purchase
and then when a suitable trade is found it goes ahead and purchases
it from the exchange.
STEP 3:
The cryptocurrency is stored in your cryptocurrency
wallet. Meanwhile,
the bot compares other exchange to see if there are anyone has opened
a request to buy at a higher price from other exchanges. The
cryptocurrencies are sent to that exchange's wallet and based on the
parameters set by you, the bot then sells the cryptocurrency for the
higher price.
STEP 4:
The funds collected are sent to the respective wallets. (Crypto or
fiat), the bot supports trading with different currency pairs as
well.
How does the admin make
money with the Crypto Arbitrage Bot script?
Membership Fee
You could charge a membership
fee for all the users and based on the volume of trade you could even
offer preferential membership rates for high volume traders on your
platform. A multi-tier membership fee would allow everyone to try out
your platform.
Trade Success fee
For every successful
transaction, you could charge a transaction fee that you can levy on
the user. This would be additional revenue
Exchange Commission
Partnering with smaller
exchanges would help them and you as well. You can strike a deal
where you could get a small commission for every referral trade done.
They would be happy to pay you as well and could possibly work on
bringing in more features together with you.
Features of the Crypto
Arbitrage Bot Script
Admin Panel
Each and every feature and
functionality on the platform can be controlled through the admin
panel. The admin panel is your single point of contact to Analyze,
make decisions and take action.
Bot Customizer
The bot follows the parameters
set by the user for each set of trades under the trade campaigns.
SmartTrade algorithm
Our Trading algorithm is
unique and time tested that the bot is much more precise, swift and
efficient in making the trades than the other ones in the market.
Trade Campaigns
Set multiple trade campaigns
so they bot can have multiple trades at the same time or at a
specific schedule.
Trade View
Have a Birdseye view of all
the trades that are happening on the platform. The trading bot can
take care of all the
Switchlet
Switchlet displays the
exchanges that the user isn't on where potential high value trades
are happening at the moment. Recommending the users to sign up for it
(Your exchange partners and you make money).
Thanks
for reading our Content. To know more about our Services, kindly
Visit our Website:
Crypto
Soft Malaysia,
Kuala
Lumpur -59200
+(60)-0392121566
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