Review on NanTrade by Pedro O. Alvino M.
Cryptocurrency arbitration service.
A cryptocurrency arbitrage platform that is composed of commercial bots that help the operator have the necessary means to obtain the maximum benefits of cryptocurrency prices in different exchanges, given this platform proposes several methods and strategies for each operator that registers in the platform.
With a distinguished plan for the use of trading bots, it contains a variety of instructional videos to understand the use and benefits of the platform, it contains three trading strategies that are based on the purchase of assets in exchanges with prices with a range of difference considered, in addition to integrating several exchanges in it, Binance, Kuccoin, Poloniex and Bitstamp are among the most popular and provides more than 90 currency pairs to operate.
A problem that surrounds this type of trade model is to verify the intensity of the service, since there is a considerable amount of platform with this service to be able to steal information and the operator's balance, and in this case the Nantrade platform has very little information about the platform team and the developers of the trading bot, which is crucial when buying a payment service on said platform.
Pros
- Offers an automated cryptocurrency arbitration service.
- Constantly track the cryptocurrencies you add on numerous exchanges.
- Offers a trading trading bot system.
- Allows users to browse through BID and ASK prices for each exchange.
- Provides three verified cryptocurrency arbitrage strategies.
- It has a tracking of the operator's assets in different exchanges.
Cons
- Numerous competing platforms and projects in this area.
- The usefulness of the token outside the platform ecosystem is nil.
- Very little information about the equipment and software of the trading bots
