2019-8-15 18:24 |
Hivereck, a software development firm based in the U.K., has unveiled an innovative, easy-to-use, crypto trading bot suitable for both professional traders and crypto newbies.
Due to the increasing difficulties professional crypto and forex traders encounter while trying to correctly predict price movement, most forward-thinking traders are now using arbitrage trading to scale the hurdle.
The new Hivereck trading bot is designed to assist traders in boosting profit, while also mitigating transaction exposure.
For the uninitiated, arbitrage trading is simply a trading strategy that makes it possible for traders to purchase digital assets at very low prices and sell higher on global exchanges, thereby generating massive profits.
Back in the days, crypto traders were required to completely understand critical parameters such as fees structure of exchanges, as well as their API’s in order to place winning trades.
Hivereck Changing the NarrativeThe primary objective of the Hivereck bot is to give all traders irrespective of their level of expertise, an opportunity to succeed in their trades.
It creates a level playing field for everyone by making it possible for traders to place trades with a vast array of currency pairs between different exchanges to enable them to take advantage of price differentials.
To use the Hivereck bot, interested traders are expected to register on the platform, activate their accounts and deposit cryptos into their wallet.
Once the Hivereck team verifies the accounts of users, they’ll be able to trade with fiat currencies and withdraw funds on a 24-hours basis depending on the value of their digital assets.
Hivereck supports a vast array of cryptocurrencies including bitcoin (BTC), litecoin, ether, QTM, as well as fiat USD.
The platform also supports over 75 international crypto exchanges and 1,500 markets, giving traders verified users maximum exposure.
It’s worth noting that prices of digital assets vary across exchanges from 1 to 15 percent, giving arbitrage traders a huge opportunity to earn massive profits between 2 to 7 percent daily and profits can be withdrawn after 24 hours of executing the trade.
About Hivereck
As stated earlier Hivereck is an arbitrage crypto trading platform that supports many currency pairs on various exchanges. It trades these cryptos with both its funds as well as those deposited and locked on its platform by traders around the world.
Website: http://www.hivreck.com/
Facebook: https://www.facebook.com/Hivreck/
Email: [email protected]
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