Arbitao is the fully automated solution for arbitrage trading in the cryptocurrency markets that is here to overcome the age-old problems associated with the conventional arbitrage trading methods, due to which a number of people are reluctant of entering the crypto markets or are unable to make profits from it. Arbitao’s unique technology assists the users by finding price differences in different crypto exchanges and automatically executes profitable arbitrage trades for the community members.
While the emergence of cryptocurrency has provided numerous opportunities for the people, issues like lack of liquidity for certain pairs, price manipulations and the high amount of non-professional traders leads to inefficiencies, where prices are highly varying between the exchanges. Although several technical solutions have been implemented to resolve the inefficiencies and benefit from the potential arbitrage possibilities, the complexity of the whole setup makes it infeasible for everyone to deal with. This is when the fully automated Arbitao system comes into the light, that uses the data provided by multiple exchanges make profitable trades for the members.
All the community members on the ATAO blockchain will be rewarded in two ways. The first one is the staking reward which can be achieved by installing the ATAO wallet, staking some of the coins and validating the transactions on the blockchain. As a reward for securing the network in that way, the user can earn more coins. The second way is by contributing the computational power to the network so that the Arbitao’s algorithms can run even faster. This results in higher profits, which are shared among the network.
The Arbitao system is online since November 2017 and is tried and tested successfully by a group of trusted crypto enthusiast and traders. At present, the automated arbitrage trading system of Arbitao can spot arbitrage opportunities from 19 major exchanges, taking into consideration transaction time, transaction fees, volume, order books and other factors. Once implemented fully, Arbitao will offer fully decentralized arbitrage trading to its users where they can set up their ATAO wallet with API credentials for their accounts on exchanges.
Arbitao is on a mission to implement a decentralized network of nodes utilizing its highly functional computational resources. This would overcome the problem of spotting the most arbitrage opportunities between different exchanges and execute risk-free arbitrage trades before they disappear. In the long term, Arbitao aims to fully decentralize the existing arbitrage trading and empower both small and big investors alike. In the beginning, Arbitao lays the foundation for this eco-system by opening their fully operational, automated trading pools to the public.