Botify Arbitrage Bot is a trading bot that employs algorithmic and artificial intelligence-based high-frequency trading strategies to take advantage of price differences between the same cryptocurrency or pairs on different exchanges.
Market inefficiencies or other factors can create frequent price differences between exchanges, and the Botify Arbitrage Bot aims to exploit these differences for profitable trading opportunities.
How the Botify Arbitrage Bot Works
Botify Arbitrage Bot is a platform that constantly monitors different cryptocurrency exchanges for price discrepancies. Our dedicated scraper bot pulls APIs from various exchanges and compiles the data in real-time.
FAQ
Find answers to common questions about Botify’s arbitrage bot and how it works.
Botify is an arbitrage bot that allows users to take advantage of price differences between different cryptocurrency exchanges. The bot uses algorithmic and artificial intelligence-based high-frequency trading strategies to detect profitable trading opportunities quickly.
Botify works by constantly monitoring price differences for various tokens on different exchanges. When a profitable opportunity is detected, the bot automatically executes the trade on behalf of the user.