Hi, can you explain a little how the trading process go? you buy a certain pair from one exchange, and then sell on another? but how does the algorithm take into account the transaction time from one exchange to another for example, especially in cases where the margin is too small, that it might turn into a negative trade while waiting for the transaction from 1 exchange to another.
Also, just to confirm, the investor allocates a certain amount of ATAO and then receives profits also in ATAO, and then can exchange ATAO for BTC on TaoX exchange, correct?
How is it different from gstar that I encountered here?
https://bitcointalksearch.org/topic/annmvppresale-gstar-ecosystem-join-our-algorithmic-trading-movement-4209418Their development is on the way as they said they have initial funding.
How about this project, do you have seed funds to initiate your developments?
Lots of projects have initial funding, even one of the biggest (telegram).
What do you mean by ‘how is it different’ ? Gstar is also about trading but Arbitao specializes in arbitrage trading. It’s like cross-platform trading which means that the profit comes from buying currency_1 on exchange_1 and selling it on exchange_2.
So the approach is totally different. I tried arbitrage on my own, I cannot say I was successful in fact. I made about 2-3%, no more. I realize that if I had big team, some processes being automatically performed, more funds, I could make much more. That’s why I think arbitao could be really successful. I’m going to join bounty at first when it’s up. MYbe even buy some tokens.
I want to know more about a wallet, because it may become a significant argument in sense of not waiting for the token listed on any exchanges