The Swaprol platform provides a convenient opportunity for cross-exchange arbitrage trading. They have created bots for automated trading, you don’t have to hire programmers to do a Custom program for arbitrage and try to explain what you need.
Arbitrage is one of the oldest trading strategies. Its popularity, both among traders and investors, is the existence of a small risk.
The task is to purchase and simultaneously sell the same or sufficiently similar types of assets.
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Before the advent of the Internet, arbitration took place approximately like this. Two traders kept a constant telephone connection between exchanges in Chicago and New York.
When on one of the stock exchanges (for whatever reason) the price rose sharply, for example, sugar, and on the second exchange yet, where sugar was more expensive than it was sold and bought at the second exchange.
After a few seconds/minutes, when information about price changes came to all market participants, prices again equalized. And the traders just fixed profits.
Swaprol tracking and notification system track more than 600+ cryptocurrencies on the best cryptocurrency exchanges and reports you the best offers as Sms, email, telegram, and mobile notifications.
The advanced monitoring and the notification system allows you to receive real-time notifications, making the most of your crypto assets
The program’s user-friendly interface will help you trade in manual mode, which sometimes makes it difficult to create quick orders, as exchanges differ in design and functionality.
Also, a price difference is always displayed, which helps you make quick decisions. Additional trading functionality in 1 Click and automatic trading will be a great help for cross-exchange arbitrage trading for more than 600+tokens.
Is Swaprol a Cryptocurrency Exchange
No. Swaprol cannot be designated as a cryptocurrency exchange platform. Swaprol by detecting price differences between exchanges using the API infrastructure of commonly used exchanges. It is an intermediary service that allows you to perform arbitrage operations.
But then, You can deposit as much money into your Swaprol account as you want. Please note that network fees apply to your withdrawal requests.
How Does Swaprol Works?
Swaprol receives quotes from several crypto-exchange exchanges. The user chooses 2 of them, where he has a trade deposit. Then the pair of interest is selected.
For example Bitcoin / Dollar or Ether / Dollar. From the quotes received from each exchange, the terminal automatically calculates the average price difference in percent between the two exchanges.
It’s not a secret for anyone that on some exchanges the crypto currency is slightly more expensive, and on others it’s slightly cheaper.
The main reason is different rules of money entry/withdrawal + commissions for these transactions. Suppose the average difference between the two selected exchanges is 1.5%.
This means that the situation when on the exchange 1 bitcoin costs $ 34,000, and on the other $ 34,060, is standard, with a standard deviation of 1.5%.
The task of Arbitrage Crypto Trader is to monitor this discrepancy between 2 exchanges every second of the time. The indicator will constantly change, amounting to 1.6%, 1.2%, 2.4%, etc.
The client sees this discrepancy in the terminal in the form of a line on the chart, as well as a changing percentage. Further, depending on whether the trade is conducted by hands or in automatic mode, there are differences:
Manual trading
The client keeps an eye on the change in the percentage or gets an alert about it. When he considers the scramble sufficient, he commits an arbitrage transaction. On one exchange he buys a pair of Bitcoin / Dollar, and on the other sells it. After a while, the price returns to its standard deviation of 1.5%, and the client’s deposit increases
Automatic trading
The client does not need to constantly spend time with the monitor. He deals with his own affairs, for example, goes to work, studies, plays with children. From it, you only need to set the price breakdown between the exchanges in%, at which the algorithm automatically enters the transaction.
For example, during the day, Arbitrage CryptoTrader can conduct several such transactions, and the user will review the report on them and the profit in the evening.
What are the risks of the client?
The main advantage of arbitrage deals is the extremely small amount of risk assumed. Since there are a simultaneous purchase and sale of the same asset.
The user just waits for the discrepancy between the two exchanges and enters the transaction. When this discrepancy returns to its historical mean values, it fixes profits.
The main risk of arbitrage transactions is that at some point in time this discrepancy will not return to its historical values (for any reason).
For example, on one of the exchanges, the rules for input/output of money will change and the standard discrepancy will increase from 1.5% to 3.0%.
In this case, if the user is already in the transaction, he will incur a loss. Its size will be less than 1.5%, since the entry into the transaction, in any case, occurred when the value differed from the average on the larger side.
Further, a new average discrepancy of 3% is established and the user again receives profit from new transactions.
How does Swaprol make money?
The standard version of the platform for all users will be free. In this case, monetization is by using a small window with the ads displayed.
In case the customer wants to use the trading functions in 1 click or auto-trade, he has Premium packages to his services.
In this case, payment for Arbitrage Swaprol services is set as a percentage for the volume traded in the form of SWAPROL, SWAPROL, and Bitcoin tokens.
In fact, this is the same commission that the client pays for any transaction on the stock exchange.
The main difference is that the customer pays the Swaprol commission, making almost any profitable trades. The actual size of the commission will be approximately 2-5% of the profit, depending on the volume
Swaprol Token (SWPRL)
Swaprol SWPRL token will be used in all calculations between platform users. This will form a constant increase in demand for it. If 1000 new users who buy premium packages come to the platform, they will have to prepurchase SWPRL tokens on the exchange, increasing the demand for them.
30% of the profit generated by the Swaprol platform will be lost, and 20% will be sent to the reserve fund and the remaining 50% will be put up for sale at a price higher than the price of the holders of the token, which will increase the value of the token.
The SWPRL tokens are placed in 1 stages: Pre-ICO . Their total stock is fixed. All tokens, which will not be redeemed at both stages of placement, are subject to destruction.
Their additional emissions will never be conducted again. The SWPRL is placed on the basis of the Ethereum smart contract. The fixed number of issued SWPRL tokens guarantees their buyer an increase in value as the demand for Swaprol services increases.
They also set the price for the traded package in Bitcoin, which will allow us to adjust the rate of SWPRL relative to Bitcoin (the price in Bitcoin is constant, and the number of SWPRL tokens required for payment decreases).
Token distribution transparency scheme
The Swaprol team, they expressly declare all data. Full details about token distribution are below.
- Uniswap Liquditiy :10,000,000
- ICO Sale Reserve : 30,000,000
- Airdrop Reserve :10,000,000
- Marketing Reserve :20,000,000
- Team Reserve : 15,000,000
- Bounty Reserve : 15,000,000
- Name: SWAPROL TOKEN
- Ticker: SWPRL
- Contract:0xe171e4b490636799849012ed8db7e162e5073ee4
- Decimals:18
- Max Total Supply:100,000,000 SWPRL
Swaprol Affiliate
- Step 1: Become A Member Of Swaprol
- Step 2: Share your referral links
- Step 3: Sit back, relax and earn commissions
When someone signs up or registers an account on Swaprol with your referral link, you can get up to 10% commission every time they complete a trade. So hurry up, join the program now.
Final verdict
With Swaprol v1, you will enjoy profitable arbitrage by selecting the best cryptocurrency exchanges and dEXes you want, which can list on a single page. Ensure you join the airdrop
