Automated trading tools are some of the most in demand services in the world of crypto trading and arbitrage. TradeSanta is a cloud cryptocurrency trading software that can be connected to your crypto exchange of choice to automate and execute your trading strategies.
Bitcoin and crypto trading is huge, with billions of dollars worth of crypto being transacted in millions of trades everyday. There are dozens of exchanges now operating globally that provide crypto services. However, there can be significant differences comparatively on exchanges for the prices of digital currencies listed—making the crypto industry ripe for arbitrage.
However, Bitcoin and cryptocurrency arbitrage trading is all about speed, and price spreads may only exist for an incredibly short period of time. To execute cryptocurrency arbitrage effectively, a trader will have to be able to compare all prices in real-time across exchanges to configure and submit their trade before the gap disappears.