The Bit Trader

A London based client had large investments in cryptocurrencies and was looking for a way to utilise them via algorithmic trading to bring in consistent short term profits without compromising their holdings.

Studying the cryptocurrencies market, we found the lack of market data and their volatility made the successfully application of traditional algorithmic trading models to be too unpredictable and created too high a risk profile. After analysing several options, we recommended and successfully implemented a unique solution based on arbitrage trading (i.e. the difference in price of the same asset among different exchanges) that was better able to utilise existing cryptocurrency investments while drastically limiting any risks or the requirement to transfer FIAT currencies between different exchanges after the initial setup.

The solution helped our client bring in small, consistent increases in their overall crypto investments, even during market downturns.