PixelPlex Informed About Successful Development Of Crypto Trading Platform
PixelPlex created a cryptocurrency trading platform named Arbitrage to minimize the client’s risks and ensure higher profits. The key functionality is an arbitrage bot.
Press Release (ePRNews.com) - New York City, NY - Sep 12, 2020 - An IT company PixelPlex announced the successful development of a crypto trading platform called Arbitrage. The platform was designed specifically for a client according to the business case and requirements.
Arbitrage carries potential risks, for example, profit loss caused by having to pay higher transaction fees and accumulation of all funds on one of the exchanges which results in a halt in crypto trading. PixelPlex team of experts shared that together with quants they developed a graph theory-based optimal search algorithm to solve those problems for the client. The cryptocurrency platform also contains a data collection mechanism, profitable rates search algorithm, an additional order mechanism that redeems expenses, and a tool for managing crypto volatility.
The developers clarified how arbitrage trading software works. Trading is carried out by the crypto trading bot that simultaneously buys and sells the equal cryptocurrency amount from two different exchanges. This way, the client will gain a profit from the exchange rate difference.
Generally, the algorithm acquires data from top exchanges, analyzes it, chooses the most profitable trading deal, and performs the transaction. Meanwhile, the client may do their own business and occasionally check the account balance.
The cryptocurrency trading platform’s maximum throughput allows processing thousands of transactions in less than a second. It is also easy for the client to integrate the software with the existing business environment. PixelPlex named a seamless user experience as one of the main intentions while developing the platform. It has a built-in option set for customization, copy trading, and all data are presented in graphs and charts, opening and closing deals are a few clicks away.
PixelPlex is a custom software development company that designs solutions for any business case. The company’s products are built using the latest technology – blockchain, Artificial Intelligence (AI), Internet of Things (IoT), Virtual Reality (VR), Augmented Reality (AR) and others. Learn more: pixelplex.io.