The ImpulseVen AI Trading Bot (AITB), a VEN-tastic experience…
By Amit Debnath, Lead Developer of ImpulseVen project
One of the key milestones in the development of the Defi Industry, has been the progress of the arbitrage trading bot. ImpulseVen talks about it’s unique AI supported Arbitrage Trading Bot (AITB)
Before we explore how unique is the ImpulseVen ai arbitrage trading bot (AITB), let’s make a brief overview on how the defi market evolved and what the ai arbitrage trading bot stands for.
What arbitrage means in this context? “Arbitrage is the real-time purchase and sale of an asset to profit from a price difference”. Arbitrage exists as a result of market inefficiencies. The Arbitrage bot allows you to trade discrepancies in the market, capitalizing on market price fluctuations between the same pairs on different exchanges.
Whilst it is an effective tool for all market conditions, bots can make profitable trades whenever an opportunity is detected. This opens crypto bot trading to a new audience of non-technical users.
The aim of having an arbitrage trading bot, is to make profitable transactions in markets with maximum liquidity and minimized risks.
So, the ImpulseVen arbitrage trading bot which is uniquely supported by an ai technology handles crypto arbitrage trading in a way that the user always grabs the most beneficial deal. It is therefore called the ImpulseVen AI trading bot (AITB).
Whilst, all the product features of ImpulseVen’s platform makes ImpulseVen unique, it’s AI arbitrage trading bot is a next generation product that helps to automatically execute profitable cross platform trades.
- ImpulseVen’s arbitrage trading bot will monitor different decentralized exchanges to identify price discrepancies for a particular token pair and capitalize on such discrepancy by placing profitable trades
- The bot will be configured for high throughput, capable of executing thousands of transactions per second to ensure maximum utilization of presented opportunity simultaneously across multiple exchanges.
- More information on the AI arbitrage trading bot can be found on page 18 of the ImpulseVen whitepaper: https://www.impulseven.com/docs/ImpulseVen-WP.pdf
Amit Debnath, Lead Developer of ImpulseVen project says, ‘the strength of our ai arbitrage trading bot is made unique for its robustness and capacity in executing profitable cross platform trades. The result of months of hardwork and over testing of it is very satisfying.’