Arbitrage Opportunities between Exchanges Can Be Exploited Through Coingapp

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The crypto traders are given a chance to profit from the price differences between the different trading platforms by the Coingapp mobile application. The Coingapp application comes with a compilation of the market data from the several dozens of the crypto exchanges in order to offer suggestions about the venue to buy low and sell high.

The Coingapp software is free to use and available for both the Android and iOS platforms. The app allows the users to locate the arbitrage opportunities by tracking the Cryptocurrency exchange rates on the multi-trading platforms. The Coingapp application follows more than 40 digital asset exchanges that include the global leaders such as Kraken, Binance and Okex along with the regional platforms like Btcturk and Exmo. The app also provides the users with a number of filter options that let them select their most preferred trading websites, Cryptocurrency and fiat markets. It also lists the trading opportunities having suggestions like ‘buy from’ and ‘sell at’ while displaying the price difference in percentage.

The trades are evaluated and the status is indicated in three different colours where the convenient trades are marked in green, low volume is determined by yellow colour and red mark states when the deposits and withdrawals are disabled. The disabled trades can be hidden from the main screen and the warning for the low volume trades can be pre-set at a desired level. The Coingapp also bears an auto refresh feature that possesses the potential to upgrade the list of the trading opportunities at an interval of every 10 seconds. This is indeed an opportunity that helps locate the opportunity that exists in the trading circles and lets user’s cash in and make some gains. This will also help meet the demand and supply, and relocate proper resource where it is needed the most.

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