CRYPEXC, an arbitrage trading platform for cryptocurrency, launched its global service in December 2019.
The proprietary trading bot developed by CRYPEXC predicts the directionality of major global cryptocurrency exchanges through automated algorithm strategy. It is a solution that automatically trades cryptocurrencies around the clock throughout the year by calculating differences in a minimum trading unit, trading speed, and method of expressing prices at each cryptocurrency exchange, while minimizing errors.
In particular, it helps users to gain more revenue by adopting the arbitrage concept and using multiple algorithm programs and market layers, including strategic trading and quants. Through the application programming interface (API), the solution is connected with prominent global cryptocurrency exchanges, such as Binance, HitBTC, Poloniex, P2PB2B, and Bittrex. In addition, it will be connected with BitZ and DigiFinex in January and then other exchanges, including Kraken, CoinEX, Coinbene, and Coinsuper, later.
CRYPEXC provides Excommander 1.1 version. Users can directly set up template connection options, such as secure operation strategy, high-risk revenue strategy, high-dividend strategy, big shot strategy, and pump-and-dump scheme; the basic option that can arrange over 20 prominent cryptocurrency exchanges and diverse coins; and transition options that can set up ordering rules, transition types and trading coins. Users can trade cryptocurrencies without risk of custody of cryptocurrencies by simply connecting their own exchange accounts with the API based on Robo-advising.
With this, users can understand the global cryptocurrency trading market in real time, and seek sustainable and stabilized revenues leveraging a variety of strategies offered by CRYPEXC.
Currently, CRYPEXC provides its website and user manual in five languages, including English, Chinese, Japanese, Korean, and Vietnamese languages. It will expand its business to the global market by continuously adding other foreign language packs.
For systematic operation and management, the U.S.-based Welcome Rain Corporation is responsible for the development of core, asset operation, and organizational investment, while The Force Lab is supporting technology, and International Digital Asset Management, Inc. is responsible for program sale and operational management.