ARBIDEX, Solution of Arbitrage issues in Cryptocurrency...!!!

in ethereum •  7 years ago 

Arbitrage is a profit-seeking strategy by utilizing the price in each market. For example, the price of 1 BTC = Rp. 10.000 in indonesian market is not necessarily in China market same price, could be 1BTC = 5 yuan or about Rp. 10,300 this also applies to other cryptocurrencies, this is at the level of demand and supply of buyers and sellers in the Bitcoin (Bitcoin Exchange) market or a crypto currency market.

In the application of Arbitrage strategy itself bitcoin holders or other cryptocurrencies often get problems such as, have to buy multiple accounts from some exchange or market based website, transaction costs vary on each exchange is very influential in the process of arbitration itself because it can just the profit we get just to pay the discount (fee) of the process and sometimes the transaction is done on an exchange is also quite time consuming so this could be a problem because there could be a change in price during the transaction process.

Some of the problems listed above are some of the problems Arbidex's team wants to solve, to find out how Arbidex can be a solution to the arbitrage process so I will discuss a bit about what Arbidex is and how it works in this article.

ARBIDEX

Arbidex is a trading platform that accumulates the liquidity of all cryptocurrency exchange markets and allows transactions through a single account with all types of assets or cryptocurrencies across different exchanges as well as additional features that allow to automate the inter-exchange arbitrage process.

The Arbidex platform collects liquidity from multiple exchange markets. Currently Arbidex has some big markets like Bitfinex, Bittrex, Poloniex, WEX, Kraken and GDAX are connected to each other. A user has the opportunity to trade on these exchanges from one account at a time. The Arbidex system will allow users to exchange their crypto currencies with the best possible exchange rates automatically and commission fees that will be lower than by doing it manually as it does today without going through the Arbidex platform.

The Arbidex platform is able to analyze thousands of cryptocurrencies and find opportunities for profit, and can earn up bto 2-3% of each transaction.

ARBIDEX Explanation video

The solution

All Arbidex platform users are given several options such as:

  1. Trading all crypto-assets that are listed on the top-25 crypto-exchanges from an MT4 professional terminal, with the requirement to register and verify only on Arbidex platform. In the longer run, more exchanges out of these top-25 are likely to be connected to the platform as well.
  2. Working with arbitrage strategies with minimum of technical difficulties and problems. In ARBIDEX this is not harder than placing a standard order at the exchange.
  3. Working with fiat input/withdrawal of funds in a trusted jurisdiction. Arbidex will comply with the legislation of the jurisdictions of presence as much as possible, all necessary licenses and permits will be received and checking accounts in respectable banks will be opened. For Arbidex legal compliance and reliability of interaction is one of the business priorities.
  4. Margin trading, social trading (the ability to conduct forecasts and strategies, and verify them) and other tools needed by some categories of traders.
  5. Reduction on transaction costs. Arbidex is designed to reduce trading costs and increase the income of traders.

The Arbidex platform will make trading in the cryptocurrency market more convenient and profitable, for example every cryptocurrency purchase transaction is made at the most profitable times of all connected exchange exchanges and platform users can benefit from sharing the profits from successful arbitration transactions and the deductions earned in making a transaction order (up to 0.05% per order which is usually 0.2% in most exchanges, which is up to 4 times cheaper).

ARBIDEX ICO

Currently the Arbidex team is implementing ICO (Initial Coin Offering). The main objective of implementing ICO is to get funds from investors to create and develop a platform for professional traders that allows trading of cryptocurrencies from multiple exchanges through one interface, to connect professional tools (such as MT4) which provides high quality services with low commission rates. For investors and potential platform users can invest by buying Arbidex token (ABX) which will be used on the ARBIDEX platform and access tools to platforms and internal accounting tools. For investors and ICO actors and potential platform users to join ICO through Arbidex's official address below.

Official Addres

| WEBSITE | | ONE PAGER | | WHITEPAPER | | TWITTER | |FACEBOOK | | TELEGRAM | | MEDIUM || ANN THREAD|

#arbidex #arbibounty

Author

Bitcointalk Name: Ahmad Raditya

Profile Link Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1282308

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Well! I'm looking forward to more of your quality content.
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