Understand the background of Bitrage
Gunbot has become quite popular nowadays. It is one kind of software. In the year 2016, the very first alteration of this software was released. This software automatically does crypto trading. This software mainly buys and sells from the market. It buys and sells cryptocurrency today. The algorithm that was used is quite brilliant. It can be used outside cryptocurrency as well. It is so good that it can be used in our trading manually also. The creator is called Gunthar De Niro. He has adapted many kinds of different strategies as well in this software.
The use of bitrage
Bitrage is also a bot that helps in trading. The same as Gunbot, it trades different kinds of pairs of cryptocurrencies. There is one significant point about bitrage. Only Gunbot owners can buy the bitrage bot. For buying Gunbot, you will also have to get the Gunbot license as well. Bitrage works uniquely. It automatically detects all kinds of currency transactions. It identifies all the orders and calculates accordingly. If the sale results in profit, only then it will carry out the same.
The uses of bots
When bots are handling these kinds of transactions, there is a factor present. Only the profitable trades are going through. These are many important factors for people who deal with cryptocurrency, such as:
• No loss in transactions
• Automatically handled by bots
• One license can give you full access
• Easy earning of profit
Conclusion
There are around 138 exchanges that are targeted by both cripto bot and Bitrage as well. This provides a wide array. Beta testers are usually charging for these kinds of transactions. It was also noted that this kind of process could have one significant impact. It can result in an artificial rising of prices in Gunthys.