Crypto Trading Platform Releases an Arbitrage Trading Soft for Beginners

Having launched in November 2017, Arbitao, a London-based startup, has introduced its platform for arbitrage trading - the term comes from professional trading and refers to buying and selling the same asset and making profits on differing prices.

"A lot of initial coin offering projects don't have a working product and probably never will have. With Arbitao, it's different. Our goal was to deliver a working and tested product before the ICO starts. And we succeeded in it," commented Karel Mirrin, Arbitao's CTO, in the company's press release.

According to Arbitao's press release, currently its arbitrage system compares prices from 19 exchanges and is capable of leveraging all user investments to execute trades and generate profits.

One of the problems that Arbitao tries to resolve is democratizing arbitrage trading for inexperienced users, allowing them to compete against day traders.

"Our audience are crypto kiddies and new arbitrage traders with no resources to scale, so we do that for them through decentralizing the users coins through the arbitrage platform," said the company's representatives to Cointelegraph.

"Lots of pairs are facing lack of liquidity and the volatility in the market is very high, which leads to price differences between exchanges. By monitoring different exchanges, it can be seen that price spreads of certain pairs are up to 5 percent," reads the Arbitao white paper.

The Arbitao platform provides several ways for users to earn.

Another way is to profit from inviting friends to join Arbitao - the team promises to reward every user with 18 percent of the total of their friends' investments.

A user may also earn up to five percent from staking with Arbitao.

"You will be rewarded as staking is important for Arbitao's sustainable development and provides serious benefits for the Arbitao network, such as increasing decentralization and improving blockchain security," reads the website.