Amidst the Covid-19 Pandemic, the current economic climate has driven up volatility in markets such as commodities, stocks, and other financial instruments, prompting traders and investors to be cautious about their positions in the markets.
Forte 1 Technologies, a technology company that automates arbitrage through Artificial Intelligence (AI), has launched a platform that can help traders with risk-free growth amidst the economic uncertainties resulting from the pandemic situation.
Risk-free trading strategies such as arbitrage have proven useful in maintaining profitability even in conditions of volatility since these do not rely on market movements. Instead, arbitrage takes advantage of price differentials of the same asset in the same or different markets or exchanges. With arbitrage trading, high volatility creates more opportunities for profitable trades to be conducted. In short, the more volatile the market is, the more opportunities for profitable arbitrage trading.
The platform utilizes an automated arbitrage trading system, the F1 Arbitrage Engine, which is developed for three-way arbitrage trades on cryptocurrency exchanges. The highly coveted high-speed solution is a cutting-edge data collection and analysis trading bot, which extracts huge sets of live trading data from online exchanges and runs them to ensure profitable trades.
The triangular arbitrage system used by the F1 Arbitrage Engine is simple. It takes advantage of market price inefficiencies by exchanging a coin across three different currencies concurrently from the same exchange to gain profit from the price differentials. With the increasing number of tokens and exchanges being introduced into the crypto industry, the F1 Arbitrage Engine can leverage on this situation by looking for different opportunities that are available 24×7.
With the F1 Arbitrage Engine, every trader can take advantage of the market even when volatility proves to be too risky to make trades based on long-term positions or price movements alone. There is no need to be worried about the current economic downturn since algorithmic and automated arbitrage trading empowers traders with the tools to weather any economic climate.
About Forte 1 Technologies
Forte 1 Technologies is a technology company established in 2019 by a passionate team of computer scientists and engineers with expertise in AI, data analysis, distributed systems, and marketing. Initially founded to provide artificial intelligence platforms to help private companies with their arbitrage needs, Forte 1 Technologies now offer short-term risk-free investment solutions to the masses through its proprietary F1 Arbitrage Engine.
For inquiries, please get in touch with Jacob Smith at contact@forte1.tech